Under development of “Break Even Stop BB”

Development concept

  • Ordering and settlement tool using Bolivan in the range market
  • From the center of Bolivan, the probability of going up or down is evenly divided, so it is effective to apply a breakeven stop (described later) from there.

◎ Basic specifications

  • In the case of buying, buy at the lower limit of the Bolivan, and after reaching the center of Bolivan, apply a breakeven stop.
  • In the case of selling, sell at the upper limit of Bolivan, and after reaching the center of Bolivan, apply a breakeven stop.
  • Break even stop function
    ① In the case of buying
    When Bid goes to the buying price + (BreakEven + TrailingStop) pips,
    Move the stop loss to the buy price + (BreakEven) pips.
    Then start trailing (TrailingStop) pips.
    ② For sale
    When Ask went to the selling price-(BreakEven + Trailing Stop) pips,
    Move the stop loss to the selling price-(BreakEven) pips.
    Then start trailing (TrailingStop) pips.

◎ Ordering, settlement image

Translate »