FXCoregold v9 EA
Logic:
Grid:
- This EA opens orders in a grid formation, with orders spaced by a predefined number of pips.
- It allows for different types of lot sizing within the grid, including fixed, summation, Martingale, and step lot progression.
Hedging:
- The EA can switch between buying and selling after a certain level of loss orders, engaging in hedging to protect the account from drawdowns.
- It includes a function to close all orders if a daily profit target is reached or if equity risks become too high.
Martingale:
- The Martingale strategy increases lot sizes by a factor after each loss in the grid.
- It also supports summation and step-based lot sizing strategies, which are alternatives to the classic Martingale approach.
Order Management:
- The EA manages multiple grids, opening new orders based on various conditions such as moving averages and HiLo signals.
- It includes advanced features like trailing stops, break-even settings, equity stops, and filters based on time, spread, and news events.
Profit Protection:
- A minimal profit protection system closes all trades if the total profit of a grid exceeds a certain threshold.
- The EA is designed to minimize drawdowns by using a combination of trailing stops, break-even settings, and grid protection features.
