Filters – explanation

PowerTradeCopier settings: Filter tab

There are two sides: StopLossSide and TakeProfitSide
For BUY StopLossSide is
less (lower) then price
For SELL StopLossSide is more (higher) then
price
For BUY TakeProfitSide is more (higher) then price
For SELL
TakeProfitSide is less (lower) then price

We set the filter StopLossSide
or (and) TakeProfitSide and the time during which we expect the price falls to a
specified filter.

For example (PowerTradeCopier “Filter” tab)
StopLossSide = 10
Time: 5
min

SELL EURUSD 1.35678
If the price on slave will become 1.35678 + 10
= 1.35688 or more (higher) during 5 minutes then software will copy the SELL
trade to slave

BUY EURUSD 1.35678
If the price on slave will become
1.35678 – 10 = 1.35668 or less (lower) during 5 minutes to then software will
copy the BUY trade to slave

And vice versa for TakeProfitSide

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