The indicator displays five parameters of the symbol and two parameters of the account, some of them may change during the release of important news or before closing the weekly session.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
The following parameters may change:
- Leverage – can be changed downward.
- StopLevel – the levels for placing the stop loss and take profit (in points). They may increase during the news release and at the end of the session.
- MarginCall – when this drawdown level is reached, it is recommended to make a deposit or to close some deals.
- StopOut – when this drawdown level is reached, a broker may force close part of the losing deals.
The following parameters are constantly changing, depending on the current quotes of the symbol.
- Margin4Lot – the margin size when opening one lot.
- SpreadSmooth – the current spread, averaged for SpreadSmoothTicks ticks.
- RealSpread – the current spread without averaging
- Spread Price – the price of the average spread in the deposit currency