31.05.2023
Libertex introduced a plugin for automated trading
31.05.2023
Glory Faleke
Contributor

Broker Libertex has introduced its clients to the x999B plugin, designed to help and facilitate traders with automated trading, which has recently gained huge popularity.

The x999 web plugin is an extension to automate trading on the Libertex platform in the Google Chrome browser. In addition to the standard functions, the plugin can automatically open trades in the selected direction and control trading risks.

The x999 plugin can be downloaded from the official Google Chrome store and installed as a regular extension, according to the ForexClub website.

A trader who does not yet have his own trading strategy can use the x999 money management system as a basis. Its essence is the use of a high multiplier combined with an automatic capital increase. A high multiplier allows users to make quick profits, while the auto-increase feature helps to compensate for drawdowns by adding funds to the initial investment.

After the first start and authorization, the user can open the trading parameters selection window, which allows setting and saving the following parameters:

Selection of Trading Instruments - provides access to the main currency pairs as well as the assets the user has added to his favorite instruments.

Auto Increment - a feature that automatically increases the investment amount when the drawdown on the current investment reaches 50%.

Auto-Change Multiplier - when the set amount of maximum drawdown is reached, the multiplier will automatically change to the selected one.

Auto Trading - automatic opening of new transactions according to the selected parameters after the profitable closing of the current transaction.

Libertex also offers its clients the opportunity to test the plugin on a demo account.

Libertex is a trading and investment software developed by Indication Investments Ltd. The broker is a part of the transnational financial group Forex Club, which appeared on the market in 1997. The brokerage company was awarded the best trading platform at the Forex Awards contest. One of the advantages and specifics of the broker is the modern trading web-platform, which is remarkable for its simple interface, high informativeness as well as the high quality of technical equipment.