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For now, you can always practice on your risk-free demo account with 10,000 USD of virtual currency. But just like with trading on any other platform, the crucial part of any strategy is to understand when is the best time to buy or sell an asset. 

The simplest way of using technical analysis on Deriv Bot is to use the ‘Tick and candle analysis’ blocks, which can be found under their respective subtab in the ‘Analysis’ tab.

To understand how the strategy is reflected visually, you can go to the ‘Charts’ tab at the top left corner of your workspace and apply the Bollinger bands indicator in the price chart. To add the indicator, you can do so by clicking on ‘Indicators’ on the left toolbar, clicking on the ‘Volatility’ tab and selecting ‘Bollinger Bands’.

In the trading automation world, variables are like boxes where important information is stored. For example, if you want to use your stake value somewhere else in the strategy, and not only in the ‘Trade parameters’ block, you can create your own block for it.

Before we jump into the details of how you can do it, here is a quick tip to make your DBot journey much easier: use the search bar to find the blocks you need.

There are several ways to control your losses with Deriv Bot. Here’s a simple example of how you can implement loss control in your strategy:

Purchase conditions is the most important block as it tells your bot what trade to execute. You can also veja mais informações no site oficial que promovo select additional parameters to specify certain conditions to be met before executing a trade.

Let’s take a look at Deriv Bot’s basic functionalities before we jump into how to create your own trading bot. Building your trading bot with Deriv Bot means putting blocks together like bricks.

Skip to content The products offered on our website are complex derivative products that carry a significant risk of potential loss. CFDs are complex instruments with a high risk of losing money rapidly due to leverage.

Each one of these functions is fairly self-explanatory and can be quite handy if you need to change specific blocks. Some functions are disabled for certain blocks due to their specifications. For example, you can’t duplicate the mandatory blocks because you can only use them once.

These instructions will tell your bot to compare the results of each trade against the stop loss and take profit amounts you set up. The bot will stop trading if your trade result exceeds your take profit level or surpasses your stop loss level. Otherwise, it will continue opening trades. 

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You may remember that we already mentioned the Sell conditions block briefly when we were going through the process of setting up mandatory blocks. This block lets you sell your contract before it expires. 

Informações regulamentaresTermos e condiçõesNegociação segura e responsávelPrevenção por fraudes

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