Forex Profit Defender is now available in a new version. It has been updated to version 1.2. The new version has two additional parameters; InitialStopLoss and InitialTakeProfit. Detailed information about these two parameters can be found below:
Both parameters need to be set to a positive value in order to be activated. SL and TP parameters are included to allow the EA to set stops and targets before Trailing Stops are applied. It's always a good idea to secure trades before Trailing Stops are triggered.
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.