1/2/2024 0 Comments Epic trading vs im academy![]() ![]() This is the key difference of EPIC tool from the standard MetaTrader trade tool: you open a new position at one click without calculating its size, stop loss and take profit. ![]() Once a trader sets the rules to calculate max risk, all further positions must open with automatically calculated size, stop loss and take profit in order to conform max risk limitation. How to Trade With this tool: The Easy-to-use Trade Tool ButtonsĪs was mentioned above, one of the key features of EPIC money management tool is controlling a max possible loss per trade. Customization dialogs to open position with custom parameters or set stop/limit orders.Chandelier trailing stop – moves stop loss using chandelier strategy also known as ATR trend.Trailing stop specified in ATR units – calculates stop loss distance from ATR indicator.Traditional trailing stop set in points – follows a price with each tick and moves stop loss ahead to keep specified stop loss distance.Automatically trails stop loss using one of the predefined strategies: In ATR units, for example, 2x ATRs of profit.Directly in points, for example, 100 points of profit.Automatically sets a stop loss to break even when a profit reaches a specified value. ![]()
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