SimpleAlgo
  • 👋Welcome to SimpleAlgo
    • 📺SimpleAlgo Video Tutorial
    • Setup SimpleAlgo on TradingView
    • Frequently Asked Questions
  • 🚀SimpleAlgo Features
    • BUY & SELL Signals
      • Setting up Alerts
    • Trend Trail
    • Reversal Bands
    • Trend Ribbon
    • Auto Support & Resistance
    • Trend Energy
    • Auto Risk Management
    • Trending Candles
    • Trend Dashboard
    • Exponential Moving Averages
    • Swing Points
    • Previous Days High, Low & Close
  • 📈Best Settings
    • Scalping
    • Day Trading
    • Swing Trading
  • 📊SimpleAlgo Premium Oscillator
    • Hyper Wave
    • Smart Money Flow
    • Confluence
  • 📶SimpleAlgo Premium Screener
    • Screener Tutorial
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  1. SimpleAlgo Features

Auto Risk Management

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Last updated 1 year ago

Unlike other indicators, SimpleAlgo helps you manage your risk with its automated stop loss, entry, and take profit levels. This allows you to minimize your losses and maximize your profits. You can adjust the risk parameters to increase or decrease risk.

If you do not want the auto risk management feature, you can disable it by setting the Stop Loss % to "0".

If you find that your charts are too condensed you may need to lower your stop loss %, so that it takes up less of your chart.

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