What is Bitcoin Wizard MT4?

The Bitcoin Wizard is meticulously crafted to engage in Bitcoin trading through strategically positioning pending orders according to high and low points within specific time frames, leveraging robust upward momentum.

It operates as a fully automated trading system, functioning round the clock, without the utilization of risky strategies such as Hedging, Martingale, Grid, or multiple orders. Each trade is safeguarded by a 100-pip stop loss mechanism.

Vendor website: Click here

Key Features

Fully automated: Trade 24/7 without manual intervention.

Risk avoidance strategies: Avoid risk strategies such as Hedging, Martingale, Grids, and multiple orders.

Stop loss protection: Each trade has a built-in stop loss of 100 pips.

Open position management: Allows management of existing trades.

System settings: Customizable Stop Loss (SL) and Take Profit (TP) levels according to the investor’s wishes.

Trailing stop loss: Allows trailing stop losses with adjustable start and step values.

Additional features

Indicator settings: Customizable lookback period for indicators.

Lot and money management: Flexible options for automatic and manual lot settings.

News management: Filters trades based on news events and provides alerts.

Other settings: Allows to set maximum spread, slippage, multiplier and magic number.

What is Bitcoin Wizard’s trading strategy?

Bitcoin Wizard appears to use a momentum-based strategy. It is likely that it identifies potential trading opportunities by looking for strong price movements within specific time frames.

The advisor relies on pending orders placed based on high and low points within time frames, aiming to capture the momentum and profit from the subsequent price movement.