With the new features released with the updated Foltron EA, you will find some helpful inputs to increase your profits with trading. I will be updating this post regularly over the upcoming weeks, with some of the best settings that I find with these newly added features for you all. Be sure to download the updated file pack, to receive the new files and enjoy!
There are two templates that have been updated with the new EA – The Foltron and the Foltron v2. I will work on the set and forget templates over the upcoming weeks.
New Features with Release
Inputs and How To
TP – Take Profit Features
Risk to Reward TP Levels – Set your risk to reward preferences, such as 1 to 1, 2 to 1, 3 to 1, 4 to 1
Multi Take Profit Levels – Opens multiple positions per trade setup – enter your TP and SL levels for up to 4 positions
Simple Take Profit Mode – A set TP for each trade
SL – Stop Loss Features
Simple SL Mode – A set SL for each trade
High-Low SL Mode – SL based on High-Low of preferred # of previous candles
Trade Direction Feature
Allow Buy Order – Allow long positions if set to true
Allow Sell Order – Allow short positions if set to true
***If you have a broker that does not allow hedging, then you can open a second account and run only long positions on one account and only short positions on the other account***
Number of Trade Results – Displays results for x # of previous trades