Slow Lever: how FXNOD's Deriv Multiplier bot works

Slow Lever at a glance

What Slow Lever trades

Slow Lever trades one contract only: a Multiplier from Deriv's Multipliers family, at x40. The position is opened Up or Down, and its profit or loss is the price's move in percent, times 40, applied to the stake, less a commission Deriv takes at entry. It cannot lose more than its stake: when the loss reaches the stake, Deriv stops the position out. Slow Lever closes it at a take profit of 10% of the stake, which is also the session's profit target. A Multiplier has no fixed length: it stays open until it is closed or stopped out. Deriv sets the payout, and each trade's result is listed on the run page.

When Slow Lever enters a trade

Slow Lever compares each tick with the one before it. When the three newest ticks have all moved the same way it opens a Multiplier at x40 in that direction: Up after three ticks up, Down after three ticks down. A tick that did not move breaks the run.

The position has a take profit of a tenth of the stake. When it reaches that, it is closed and the session ends at its target. If the price moves the other way far enough to take the whole stake, Deriv stops the position out.

Slow Lever 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 Slow Lever sizes its stake

Slow Lever uses a flat stake. Every trade of a session is placed at the plan's starting stake, after a win and after a loss alike. It does not use Martingale.

A position is opened only while its stake fits in what is left of the stop loss. On Slow Lever the stop loss is two stakes, so a session opens at most two positions that lose: after the second, nothing is left to stake and the session ends.

The plans of Slow Lever

Slow Lever 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, which is two stakes. The profit target is the take profit of a single position, 10% of the stake, so the first position that reaches it ends the session. 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.

Slow Lever 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 Slow Lever

1. 1

   Open Auto Hub and choose Slow Lever

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

2. 2

   Choose the market

   Slow Lever trades Volatility 100 only. No other market is 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.