FAQ

Parameters and Logic of the EASY Scalperology Bot

Note: This section does not describe each parameter individually. For detailed parameter descriptions, please visit the product page at forexroboteasy.com/market/easy-scalperology/#settings.

Market Monitoring

The bot conducts continuous market analysis, evaluating conditions every 300-500 milliseconds to identify potential trading opportunities. This rapid monitoring allows the bot to stay updated with market dynamics and respond swiftly to changes.

Pattern Recognition with Key Parameters

Volatility Threshold (VT): This parameter determines the required volatility level to consider a trade. Higher VT values indicate stricter conditions, ensuring that only trades with a clear potential for success are considered.
Signal Retention Sequence (SRS): Ensures that only robust signals, verified by historical market behavior, are considered for execution. This parameter acts as a filter to confirm the reliability of detected patterns before opening a trade.
Spread Impact Coefficient (SIC): Governs the influence of the spread on trading decisions, ensuring a realistic accounting of transaction costs, which helps in optimizing trade execution.

Signal Generation

A trading signal is generated based on the evaluation of VT, SRS, and SIC when market conditions meet the specified criteria. This ensures that actions are based on a favorable probability of success, minimizing the risk of hasty decisions.

Pre-Trade Procedures

Lot Calculation: The bot calculates the appropriate lot size according to MONEY MANAGEMENT parameters (such as fixed lot or fixed risk). This calculation aligns the trade size with the user’s risk appetite and current market conditions.
Balance Protection: Checks if daily profit and loss limits are reached in accordance with balance protection settings, ensuring the user’s account is shielded from excessive losses.
Order Protection: Verifies the validity and timeliness of the signal as well as alignment with the broker’s spread as defined in order protection settings. This step ensures that no outdated or costly orders are executed.

Trade Execution

Once the trade parameters are confirmed, the bot executes the order, initiating a trade with predetermined stop-loss and take-profit levels, managing risk from the outset.

Notification System

If enabled, notifications about trading activities are sent to the user’s Telegram account as configured in the Telegram Notification settings. This feature keeps users informed about their trades in real time without having to monitor them constantly.

Post-Trade Management

The trade is managed through active monitoring, in accordance with rules like trailing stops or breakeven adjustments if applicable. This ongoing management helps in optimizing outcomes and adapting to market shifts.

By incorporating these parameters and processes, the EASY Scalperology Bot provides a comprehensive, technology-driven platform for executing precise and informed trades in the Forex market.