Although 186 is the house of e50100 robot we may have create a winner robot by the name of jolter. This is version 3.0 so lets call it Jolter3.
How it works.
It does not follow any time frame as it trade when it trades. Of course may is to come in tweaking it to be invincible. But as my own creation robot, I understand how it works and also understand when it dont work. So I am more confident in using it even if it is not that active as FF. But as long as it is consistent in winning, I'll go with it. Furthermore its a scalper and that is an important fact.
Got to this mechanism after so much trial and errors.
It execute a one time open BS POs this is indicated by its comment to indicate as first and 1 only trade.
Check if chart got pending orders.
If yes, it check that only 1 PO available.
If no trade,it will delete all previous arrows object and also pending orders.
It open Buy pending orders both side offset 10 pips:
Hence, the gap between the 2 POs is 20 pips.
It has an ori TPSL of 25 pips each.
MM is has change to trade 2% risk of equity
One of the PO would surely be hit. When it hit (say the Buy is hit), whats left is a Buy Order and a Sell Pending order.
Detecting this, Jolter3 will delete the pending order and create an identical pair to the current price.
So the 2 POs is at equi distant with one another while the trade carry on.
In the meantime, TS will do its part where when it reached 10 it will adjust SL to 5pips with 1 pip step.
What if there is only So thats how it goes. At the moment we cater for 4 orders to run at
once. Jolter3 will not allow more than 6 orders running at the same time with 3 max for each side.
Surely it wont reach that point as the TS will play its part.
Whats important fresh pairs of POs are always created. But it could happen also if the price is ranging extensively.
