PipeBomb EA
Logic:
- Scalping:
- Utilizes the StepMA indicator to detect crossover signals for buying or selling.
- Buys when a bullish crossover is detected, and sells when a bearish crossover is detected.
- Order Management:
- Manages orders by closing opposite trades when a new signal is detected (i.e., closes sell orders if a buy signal is generated).
- Limits the number of buy and sell orders to one each.
- Money Management:
- Dynamically adjusts lot size based on account equity, risk percentage, and market conditions.
- Ensures that lot size adheres to broker limits (min/max lot size).
- Profit and Stop Management:
- Implements trailing stop logic to secure profits as the price moves favorably.
- Sets a fixed stop loss and take profit for each trade.
