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Trailing stops are great thing however not every trade goes in profit far enough where you can set trailing stop at breakeven and enjoy the safe trade. The share of such perfect trades from my experience is 20-25% only from all winning trades.
What trading terminal do you use? Hedge means a trading position which is intended to offset (compensate) certain type of bad outcome from another trading position. Like if you bought a stock you can protect yourself from decline of its price using put option.
I use only MACD and RSI to identify reversal and get momentum confirmation. Too many indicators can create conflicting picture that's why you have to pick right balance between complexity and accuracy (i.e. winning ratio) of signals.
I trade with Hotforex because my local banks won't give me leverage and without it short-term trading like scalping doesn't make sense. Also spreads at my local banks are pretty high.
I use BeeksFx from HFM for free thanks to their promotion basically it is similar to tradingfxvps, both are colocated with LD4 servers where most brokers reside.
Try their raw spread account it is perfect for scalping. You can expect you withdrawals in 24 hrs. Also slippage is quite rare if you don't trade momentum strategies.
You only have price, and tick volume at your disposal. Assumptions about price pattern that indicate movements of smart money are not backed by anything, just a product of imagination.
Bro try to code simple chat GPT MA strategy and backtest on some prices. You will gain much more benefit than from searching ready software that will most likely be a scam.
Is it grid strategy or something like that? I heard that system is also based on many support and resistance lines which you use to buy low and sell high
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