Manual for trading indicator – OctopusGrandeur Trading Technologies
So, after you buy an indicator, we will write your name (or account number) in the indicator code, and after that you can start using it. To do this, you need to:
Set the indicator into the trading platform:
Reboot your trading platform so that the indicator appears in the internal menu:
Place the indicator on the quotes chart.
Open the quote chart of any asset from the Market Watch of your platform. Reduce the quote chart to the minimum Zoom and drag the indicator to it. We recommend using the indicator on timeframes M15 and higher.
Of course, Octopus Stock trading system is not a magic Grail. Therefore, the statistics of the profitability of this indicator for different assets may be different. However, in any case, the self-optimization algorithm in the indicator will find the best parameters for trading. If you have performed self-optimization of the indicator and received bad statistics, then this trading asset may not be suitable for trading on the Octopus strategy at all.
Self-optimization of the Octopus Trading System indicator
After you have placed Octopus Trading System on the quotes chart, open the manual settings of the indicator and upload the set-file to optimize the indicator.
For example, if you are setting up a GBPCAD currency pair on the H1 timeframe, you need to select a set file to set up currency pairs with the corresponding timeframe.
Enable the self-optimization algorithm to TRUE. Click OK.
Download the optimization configuration files from this link >> OCTOPUS SET-FILES << Unpack the archive before using it.
The platform will freeze for a few seconds. At this time, the indicator will perform complex mathematical calculations and search for the best parameters for trading. After the optimization is over, the indicator will show statistics of the strategy that it has chosen for trading on the history of the quotes chart. You will see the results in a separate window. You can get approximately the same results if you run the indicator signals.
How it works in reality – watch the video below
How to trade with the Octopus Trading System indicator
Even a beginner can trade with the Octopus Trading System indicator. Here are the functions that the indicator will do automatically:
- giving signals for trading – about when you need to open deals and on which trading asset
- displaying arrows on the quotes chart that show in which direction to trade
showing Take Profit level on the quotes chart
- giving signals about closing deals – about when to close deals and on which trading asset
All you need to do is follow the indicator signals and earn money.
Auxiliary take Profit level. Use this level to manually set a Take Profit order. This will help you fixate a profit if you missed the closing signal. As a rule, the signal to close a trade coincides with this auxiliary Take Profit level.
This system will help you beat the market! Buy and conquer!
* For unlimited trading accounts – allows to use the product an unlimited time on an unlimited number of trading platforms, computers and trading accounts. After the purchase, the user specify the trading account name – we write this name inside the indicator code. Thus, the robot will work only on the account name that is write inside its code.
** For 1 trading account – allows to use the product on one specific trading account (with a specific number) for an unlimited time. After the purchase, the user specify the trading account number – we write this number inside the indicator code. Thus, the robot will work only on the account number that is write inside its code.