Short excerpt from a YouTube conversation (Kosta Ouzas and another speaker) describing an algorithmic trading setup. The speakers explain that the algorithm’s take-profit level can be engineered (example given ~2%) and that leverage reduces the required underlying price move to realize that profit. The clip focuses on configurable profit targets and use of leverage.
The green line is now your take profit, which we can engineer, basically. You know, we've got. The good thing about our algorithm is like a Swiss army knife, you can actually engineer it just to suit however you want to trade it. You can see here, this particular take profit is around 2%. Yeah. So that's that gap there.
So whenever you make this 2%, remember, because we use a little bit of a leverage, you don't need to be a real 2% in price. Right. Because we actually use a little bit of a leverage, so it's really a cool idea.
