VendoBot

Our Price Action–Based Swing Trading Robot for 1‑Hour Forex Pairs

1. Price Action Strategy

• Identifies key support and resistance levels using candlestick patterns.

• Detects and confirms reversal and continuation setups (pin bars, engulfing candles, inside bars).

• Trades purely on price behavior without lagging indicators, minimizing signal delays.

2. Swing Timeframe (H1)

• Executes on the 1‑hour chart to capture moves of 20–100 pips, depending on pair volatility.

• Balances trade frequency and quality: fewer noise signals, yet enough opportunities for regular gains.

3. Risk & Money Management

• Automatically calculates lot size based on a predefined risk per trade (typically 0.5–1% of account equity).

• Places stop‑loss beyond the extreme of the trigger candle and applies a fixed or adaptive trailing‑stop to protect profits.

• Limits concurrent open positions to prevent account overexposure.

4. Multi‑Pair Support

• Trades major and cross FX pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/GBP, etc.

• Easily expandable list of instruments to suit your volatility preferences.

5. Automated Execution

• Full integration with MT4/MT5 or cTrader platforms for order entry, modification, and exit without manual intervention.

• Logs all trades and backtest results to a local file or database for performance analysis.

• Built‑in news filter to pause trading around high‑impact economic releases.

6. Customizable Parameters

• User‑defined inputs: stop‑loss size, take‑profit level, trailing‑stop method, risk settings.

• Auto‑optimization on historical data, with optional periodic parameter updates.

7. Monitoring & Alerts

• Real‑time notifications of entries, exits, and risk metrics via email, Telegram, or in‑platform alerts.

• On‑chart visualization of decision levels for clear oversight of the robot’s actions.

Key Benefits:

• Eliminates emotional errors by adhering strictly to rules.

• Leverages pure price action for clear, timely trade signals.

• Saves time by automating analysis and order management.

• Ensures transparency with detailed logging and flexible configuration.

This swing trading robot is your reliable partner for a systematic, rules‑based approach to 1‑hour Forex trading.