Strategy Mode
Take Profit Zones - Stop Loss Zones - Show TP 1, TP 2, TP 3, SL - Show Labels - Delete Previous Info - Show Strategy Info - Enable Alerts For Zones Hitting
Last updated
Was this helpful?
Take Profit Zones - Stop Loss Zones - Show TP 1, TP 2, TP 3, SL - Show Labels - Delete Previous Info - Show Strategy Info - Enable Alerts For Zones Hitting
Last updated
Was this helpful?
The strategy mode places users in a strategy script environment without the limitations of a strategy script. This will allow users to see take profit and stop loss zones generated on top of each signal. Each signal will be monitored closed to see whether or not they have hit take profit or the stop loss and this will count towards the NVME trades tracker. Signals will not be printed based on normal circumstances, they will only print when a take profit zone or stop loss has been hit from a previous signal in order to prevent spam. Users can also see their win ratio, account growth, total trades, total losses and total wins.
This dropdown input will determine your designated take profit zone for the algorithm to hit. Selecting higher take profit zones such as TP 2 or TP 3 will allow you to hold the signal for much longer at the cost of lower win rates and signals will be less often as they will require for the designated TPs to be hit.
There are three options to choose from such as TP 1, TP 2 and TP 3. As you can see in the image above, our designated zone is TP 1 (40 Pips). TP 2 is 70 pips and TP 3 is 100 pips.
These toggle boxes will allow the user to customise the strategy mode style to their likings. Users can decide if they would like to keep the TP lines on the chart or take them off.
This toggle box if enabled will show labels for the TP and SL zones hitting, however if disabled then this will hide them.
This toggle box if enabled will delete previous signal trade information, which will force the script to showing you only the latest trade identified.
This toggle box if enabled will show you the NVME Trades Tracker table, which is displayed at the bottom right, and this contains information such as total trades, wins, losses, the win ratio, account value, account balance after trades, percentage gain on account. All of this can be useful when it comes to finding a good setting or pips to aim for.
These toggle boxes if enabled will add an alert entry into the "if any alert() condition" styled alerts. Therefore if the user decides to trade with the strategy mode, they will be notified if price has hit take profit or stop loss.
