Forex Rebellion EA Lite
Logic:
Scalping:
- Executes trades based on short-term price movements.
- Uses indicators like Moving Average, Bollinger Bands, or Envelopes to identify trade opportunities.
- Trades are typically quick with small take profit and stop loss levels.
Order Management:
- Limits trades based on MaxSpread and Execution Speed.
- Monitors and adjusts order parameters like Stop Loss and Take Profit dynamically.
Trailing Stop:
- Adjusts stop loss to secure profits when the price moves favorably.
- Trailing stop starts after a certain number of pips in profit.
Dynamic Lot Sizing:
- Calculates lot size based on account equity, risk percentage, and stop loss levels.
- Adjusts lot size dynamically depending on the risk settings and broker constraints.
Profit Protection:
- Uses various checks and controls to avoid placing trades under unfavorable conditions like high spreads or slow execution.
