At Algomojo, we are committed to enhancing your algo trading experience by continuously improving our platform. With the release of Version 1.0.2.7, we’re introducing key updates that provide greater flexibility, improved execution, and better risk management. Let’s dive into the latest enhancements!
What’s New in Version 1.0.2.7?
1. Enhanced Trailing Stop Loss (TSL) Controls 📊
Managing stop losses effectively is crucial for protecting your trades. In this update, we’ve added new customization options to fine-tune your Trailing Stop Loss (TSL):
✅ TSL Type: Choose the type of TSL that best fits your strategy.
✅ Every Price Move (X): Set the incremental price movement required for the TSL to adjust dynamically.
✅ TSL Value: Define the specific value at which the trailing stop loss should be updated.
These enhancements provide greater control over stop loss execution, allowing traders to fine-tune their strategies for maximum efficiency.
2. Improved Target & Stop Loss Execution 🎯
Risk management is a critical aspect of successful trading. With this update:
🔹 Positions will now be automatically squared off when the price drops below the last recorded TSL value.
🔹 This ensures that traders do not hold onto losing positions for too long, reducing the risk of significant losses.
🔹 The new execution logic enhances trade management efficiency and protects profits.
These improvements bring more precision and automation to trading strategies, ensuring that traders can stay ahead of the market without manually monitoring every move.
Why This Update Matters?
✅ Better Risk Management: Reduce losses by automating stop loss adjustments.
✅ Greater Strategy Customization: Fine-tune your approach with new TSL parameters.
✅ More Efficient Trade Execution: Automatic square-off prevents unnecessary risks.
This version empowers traders with more flexibility and smarter automation, making it easier to execute trading strategies seamlessly.
Update Now and Elevate Your Trading! 🚀
We encourage all users to update to Algomojo Version 1.0.2.7 and take advantage of these powerful new features. Whether you’re a beginner or a pro, these enhancements will help you trade more effectively.
For any questions or support, feel free to reach out to our team.
Happy Trading! 🎯📈