Auto Risk Management
Last updated
Last updated
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.