Let's Run™
Description:
Let's Run™ sets up a momentum breakout trade based on its built-in trend/range indicator. The strategy monitors price for a condition in which it has advanced a pre-set distance without having pulled back a separate pre-set distance. If it pulls back too much it resets hunting for the trade conditions. Once price has reached the condition it opens the breakout trade. You get to pre-set the desired advance, invalidate, target and stop distances to achieve anywhere from small scalps to larger swing trades. Next you can set options to determine how the robot interacts with the built-in trend/range indicator and there is a secondary built-in trend/range indicator which can be used with alternate tolerances for further control. Additionally choose from many customizable and unique trade setup and management controls including technical restrictions and a series of alternative stop options. To top it off there is a unique ability to quickly suspend or resume live trade manually while still being able to watch the requirements calculate for discretionary trading purposes and you can even reset trade requirement calculations at the click of a button.
