Simple H1 GBPUSD EA v9
Logic:
- Trend-Following:
- Uses moving averages (SMA) to determine the trend and fractal indicators to confirm entry points.
- Buys when the fast SMA crosses above the slow SMA and the trend is upward; sells when the fast SMA crosses below the slow SMA and the trend is downward.
- Order Management:
- Supports both manual lot sizing and money management with different risk levels (Low, Medium, High, and Very High).
- Manages two different take profit levels (TP1 and TP2) for each trade.
- Hides or shows Take Profit (TP) and Stop Loss (SL) levels based on settings.
- Handles daily pivot levels and calculates specific levels for target profits and stops.
- Trailing Stop:
- Implements a trailing stop mechanism that adjusts stop losses to secure profits when the price moves favorably.
