Cerberus is a semi automatic robot, compatible with MetaTrader4 and MetaTrader5 and
designed by Trading Robotics. It comes with a friendly graphical interface and
offers usefull, high quality trading tools that every trader needs.
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In this part of Cerberus, the trader can set the order settings. Risk and reward points will be
the stop loss and take profit of the order and it can be specified from the risk / reward ratio tool. Position size of the order can be set
either directly or through a percentage option. This setup will be used to open a position when a selected entry
will be recognized by the robot.
Finally, in the order settings part there is an option for a manual instant order with a BUY and a SELL buton.
In the entries part, the trader has the option to select between two entry types to open a position. The first one is the Moving Average entry and the second one the Trend Line entry. For the MA entry, trader can choose the time frame, value and type of the moving average, that expect the price to hit, and the trend line, it has to be drawn one on the chart. The position type that will open after a recognized entry, must be specified on the Order Type combobox. To trigger the entry recognition process click the Activation Button.
In the extras part there are two order management options. Save Trade,
specifies the points the price will reach.
Cerberus will move stop loss to the break even, that is the point the position
opened, and trader doesn't loose money in any case.
The second one is Take Partial where the trader can choose the points that when the price will reach, Cerberus closes a partial of an opened trade, at a predefined user percentage.