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It's simple. You place a trade according to whatever rules you follow when deciding to take or pass on a trade setup. Once the trade is accepted by your broker, AutoScaler goes to work.
In a word, No.
The Step Stop Trailing Stop option is designed to keep moving your stop loss deeper into profit as price continues to move in your favor.
By setting the Step to the same number of pips as your Pips Interval (the number of pips between each pending trade's execution price) every time you execute a new trade the Step Stop is designed to move your Stop Loss that same number of pips closer to current price action.
Here is an example.
Using the same Input setup from the video, we'll set up AutoScaler to scale in 3 additional trades 500 pips apart, use a 1200 pip stop loss and the Step Stop will be set to 1200 as well and altered to move every 500 pips (These large numbers are specific to the US30 chart...if trading traditional Forex pairs you can lose the extra zeros).
Sell price: 32020
Stop Loss: 32032
Exposure: -12
Sell Price: 32015
Stop Loss: 32027 (all trades)
Exposure: -12 (Trade#2)
- 7 (Trade #1)
Total Exposure: -19
Sell Price: 32010
Stop Loss: 32022
Exposure: -12 (Trade #3)
-7 (Trade #2) -2 (Trade #1)
Total Exposure: -21
Sell Price: 32005
Stop Loss: 32017
Exposure: -12 (Trade #4)
-7 (Trade #3) -2 (Trade #2) +3 (Trade #1)
Total Exposure: -18
Notice how as each trade executes, the first two trades cause a slight increase in your overall loss exposure, but as more trades execute, the stop loss on the earlier trades moves into profit and acts to reduce the exposure created by the later trades going live.
In the example above, if we set a Take Profit to close out all trades at 32000, we'd make 20 (Trade 1), 15 (Trade #2) 10 (Trade #3) and 5 (Trade #4) for a total of 50 pips. On a simple 20 pip price move.
If we set the Take profit at 31995 (5 more pips) we would gain 5 more pips on each trade (20 pips total) and close out with +70 on a 25 pip trade. Each additional 5 pip move into profit adds 20 pips to our gain.
This is why my guy Robbie called AutoScaler the "Crack Cocaine of MT4 Trade Managers". Once you get a taste of triple digit gains off small double digit winning trades, you want to experience that high again and again and again.
And the great thing about using the Step Stop, if you scale in enough trades, you will reach a point where the profits from the earlier trades will completely erase any new loss exposure on the later trades and start increasing your profits exponentially.
Take a look at the different times involved between making 20 pips and making 100 pips in a session


Trading for a 2% gain would take you 36 trading days to turn your $1,000 starting balance into $2,000.
Trading for a 10% gain it would only take 8 trading sessions to double your balance.
And just for fun, look at Day 36 when you're trading for 10%:

On Day 36 your $1,000 account can either be worth $2,000 (without AutoScaler) or $30,000 (with AutoScaler).
That isn't hype. It isn't magic.
It's just simple math.
The more you make, the faster you get there.

Patience is a virtue, especially when waiting for price to move into a perfect setup for your type of trade.
But if you are already consistently banking 20 or more pips on more than half of your trades, you are leaving an absolute ton of money on the table not using AutoScaler.
AutoScaler won't make you a better trader.
But it will make a better trader a wealthier trader, faster.
Our refund policy is easily summed up in two words:
NO REFUNDS
16 years in this business has taught us a couple of things about selling trading software that has proven true time after time after time.
First, about 1/3 of the market consists of idiots who buy trading software with the sole intent of refunding the sale at the first opportunity. A significant portion will buy on a Friday night and then demand a refund on Saturday morning, claiming the software failed to live up to its promise. All this while the markets were closed and trading was impossible to begin with.
Second, the people who complain about our NO REFUND policy do so because it is their intent to refund at the first opportunity but our policy prevents that from happening.
Refunds are expensive for sellers as they drive up the transaction cost with the credit card vendors. Too many refunds and we can lose not only access to credit cards but also to transactional vendors like JVZoo.
If you are one of the people who refuse to buy without some sort of refund policy that allows you to get your money back, all I can say is good luck with your future endeavors.
If you are someone who looks at our track record of 16 years in business, the last 10 (+/-) selling through JVZoo and having one of the best selling Forex products in the history of their company, then you can buy with the confidence of knowing we will do whatever we need to in order to make you a happy Forex AutoScaler user.
But understand this clearly: Once you buy it, you own it.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past
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