Blonde Trader Expert Advisor for VertexFX Trading Platform
Topic: Blonde Trader Expert Advisor for VertexFX Trading Platform
Blonde Trader is a simplistic breakout based Vertex F X client-side Expert Advisor script that trades based on the breakout direction.
The concept behind the Blonde Trader Expert Advisor is that when the price breaks above the Highest High of the specific number of bars by a defined margin, it is a strong bullish signal, and trade can be initiated in the Bullish direction.
Similarly, when the price below the Lowest Low of the specific number of bars by a defined margin, it is a strong bearish signal and trade can be initiated in the Bearish direction.
Additionally, the Blonder Trader employs Grid methodology using Buy-Limit and Sell-Limit orders at specified distance from the initial price to maximum profit opportunities.
It employs protective stops using break-even stop and takes profit when a predetermined dollar amount of profit is reached for all the combined positions.