Flat Roof: how FXNOD's Deriv Higher / Lower bot works

Flat Roof at a glance

What Flat Roof trades

Flat Roof trades one contract only: Higher / Lower, from Deriv's Higher / Lower family, with a length of five ticks and a barrier at Deriv's default barrier distance for the market. A Higher wins when the price at the end of the contract is above a barrier set above the entry price, and a Lower when it is below one set below it. Ending beyond the entry price is not enough: the price has to pass the barrier. Because of that a trade wins less often than it loses, and a win pays more than the stake. A losing trade costs the whole stake. Deriv sets the payout, and each trade's result is listed on the run page.

When Flat Roof enters a trade

Flat Roof does not read the ticks to choose its side. Its first trade of a session is a Higher, its second a Lower, and so on, whatever the price has done.

The barrier is at Deriv's default barrier distance for the market. After each contract closes the bot lets five ticks pass before it buys the next one.

Flat Roof holds one trade at a time: it looks for the next entry only after the last contract has closed. The entry rule sets when the bot trades and how often. It does not make any single trade more likely to win.

How Flat Roof sizes its stake

Flat Roof uses a Martingale stake. After a losing trade the stake is multiplied by 1.77; after a winning trade it returns to the starting stake. Losses in a row compound: the stake after two straight losses is the starting stake multiplied twice, rounded to two decimal places.

The stop loss bounds the ladder. A stake is placed only if it is no larger than what is left of the stop loss; a step that does not fit is not placed, and the session ends there. The table shows the stakes of an unbroken run of losses from a session that is level. A session that is already in profit has more room, and one that is behind has less.

Read the first row like this: on the stop loss 20 plan, 6 losing trades in a row cost 13.53 in total. The next stake would be 10.76, which is more than the 6.47 left of the stop loss, so the bot does not place it and the session ends.

The plans of Flat Roof

Flat Roof is not given a stake, a stop loss and a profit target one by one. You choose a plan, and the plan sets all of them together. Plans are named by their stop loss. The amounts are in the currency of the Deriv account the bot trades.

When a session ends

• The profit target is reached. The bot stops with the session's profit at or above the plan's target.
• The stop loss is reached. No stake is placed that could take the session's loss past the plan's stop loss.
• You stop it. The Stop button on the run page ends the session at any time.

Flat Roof runs on FXNOD's servers, not in your browser. Closing the page or switching off your device does not stop it, and does not switch off its limits. Starting it again after a session has ended begins a new session with the full plan.

How to start Flat Roof

1. 1

   Open Auto Hub and choose Flat Roof

   The bot's page opens with a How it works panel that lists its rules in order.

2. 2

   Choose the market

   Flat Roof trades one market, and only one of Volatility 10, 25, 50, 75 and 100. The form suggests Volatility 100, 75 and 50. The one-second indices price the same barrier differently, so they are not offered for this bot.

3. 3

   Choose a plan

   Each plan card shows its stop loss, its take profit and its starting stake. Nothing on the card can be edited.

4. 4

   Check the account, then start

   The panel shows which Deriv account the bot will trade. On a demo account the button reads Start on demo. On a real account you tick a box to confirm that the bot trades real money, and the button reads Start with real money. The first time, Deriv asks you to approve FXNOD's automated-trading connection on its own page.