Expert4x Topup Calculator Expert Advisor
What are Top-ups
The term top-ups refers to adding more lots to a successful trade to increase the number of lots traded so that you can increase your gains. Effectively you are stacking more transactions on top of an initial successful one for more success.
Topping up will increase your potential income tremendously but it also increase the potential loss that you can make.
Risk Control is however very important. Therefore it is very important that when a topup occurs one has to move stops of both the topup and the initial trade to a price level that will either result in the total of both transactions being stopped out will be break even or at worst not bigger than the initial risk of the initial trade.
Now all of this (topping up and calculating breakeven stops etc) can be manually or on the fly as the transaction is happening. This results in a lot of stress and anxiety and calculation and entry errors.
It is so much better to preplan your transaction before the time when you are relatively calm and let the entries and calculations occur on an automated basis.
That is where the Expert4x Top-up calculator comes in !!!
For more information and guide about this Expert4x Expert Advisor please visit the The Expert4x Topup Calculator EA page.
Further details
See The Expert4x Topup Calculator EA page for more information.