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FAQ
EASY Breakopedia Bot is an advanced version of an automated trading algorithm that emphasizes the verification of market entry feasibility using support and resistance levels. This verification is performed through pivot level indicators, adding greater reliability to trading decisions.
Note: For a detailed description of each parameter, please visit the product page at forexroboteasy.com/market/easy-breakopedia/#settings.
Market Monitoring:
The bot conducts continuous market analysis, assessing a range of market conditions every 300-500 milliseconds. This allows it to highlight potential trading opportunities as effectively as other bots, like EASY Scalperology.
Signal Recognition:
- Signal Acquisition: Initially, the trading signal is generated by EASY Trading AI based on an analysis of key parameters such as Volatility Threshold (VT), Signal Retention Sequence (SRS), and Spread Impact Coefficient (SIC).
- Verification through Pivot Levels: Unlike scalping bots, Breakopedia Bot verifies the signal using support and resistance levels, assisting in its assessment.
- Pivot TimeFrame Type: This parameter defines the timeframe for pivot level calculation, affecting the strategy’s adaptation to diverse market conditions.
- Pivot TimeFrame Period: Indicates the period over which pivot levels are analyzed, allowing the bot to adjust its sensitivity to current market dynamics.
Signal Creation and Verification:
The trading signal generated by EASY Trading AI undergoes additional verification against established support and resistance levels. This means that even if the base signal appears favorable, it must satisfy the conditions set by the pivot level before an order is opened.
Trade Execution and Management:
Once confirmed, the bot executes the trade with predefined stop-loss and take-profit parameters. Trade management is carried out through active monitoring using trailing stops and breakeven adjustments when necessary.
Thus, EASY Breakopedia Bot not only relies on the EASY Trading AI strategy but also adds a layer of verification through pivot levels, minimizing the likelihood of erroneous operations and ensuring more reliable trade management, increasing the probability of success in challenging market conditions.