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VR---STEALS-3
its make invisible where broker will not see your stop loss, take profit and breakeven, they can not see anything..
VR---STEALS-3-EN.mq4 97.08 kb, 73 downloads since 2014-09-27
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its the newer version as got..
vr---steals---3.mq4 76.08 kb, 32 downloads since 2014-09-27
VR---STEALS-3 EA offers increased privacy by making stop loss, take profit, and breakeven levels invisible to your broker.
Hidden stop loss, often referred to as a "stealth" or "invisible" stop loss, is a concept in trading that aims to hide your stop loss level from your broker or other market participants. The idea behind this approach is to prevent your stop loss from being prematurely triggered by price manipulation or stop hunting activities that some believe unscrupulous brokers or large market players might engage in.
Here are some key points to understand about hidden stop loss:
+With a hidden stop loss, the actual price level of your stop loss order is not visible to your broker or other traders. It's typically set within your trading platform and not exposed to the wider market.
+Traders use hidden stop losses to protect their positions from being closed out prematurely. By keeping the stop loss hidden, they hope to avoid being stopped out by short-term price fluctuations that may not represent the true market sentiment.
+While hidden stop losses can protect your trades from being hunted by market makers or brokers, they also come with their own set of risks. If the market moves rapidly against your position, there's a chance your hidden stop loss might not be executed at the intended level due to slippage.
+Some traders prefer to use regular, visible stop loss orders because it provides transparency and allows for price discovery. Hidden stop losses can be seen as going against the principle of open and transparent markets.
+Not all brokers may allow hidden stop losses, and those that do might have specific terms and conditions regarding their use. It's important to understand your broker's policies before using this strategy.
+In addition to hidden stop losses, traders may use other risk management techniques like trailing stop orders, breakeven stops, and position sizing to protect their trades and manage risk.
I'm new to forex, and I keep hearing about 'stop hunting.' What is it? I think it's about messing with prices to hit stop-loss orders and making money. Can you explain this in simple terms? Is it something I should worry about?
I'm new to forex, and I keep hearing about 'stop hunting.' What is it? I think it's about messing with prices to hit stop-loss orders and making money. Can you explain this in simple terms? Is it something I should worry about?
"Stop hunting" is when some big players in the Forex market try to push the currency's price so it hits the stop-loss orders set by regular traders. They do this to make money when these stops are triggered.
Should you worry about it? Here's the deal:
+Stop hunting is a thing, but not every trade is affected.
+ Always use stop-loss orders to protect your money. They're like a safety net for your trades.
+ Choose a trustworthy broker like FXOpen or LQDFX. They follow rules and protect their clients.
+Learn how Forex works and make a solid trading plan. Knowing when and where to set your stop-loss orders is a part of that plan.
Remember, we're all here to learn and help each other. Feel free to ask more questions, and we'll try to answer it.
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