Teodosi EA
Logic:
- Trend-Following and Level Trading:
- The EA uses multiple moving averages (MAs) and RSI to determine the direction of the trend.
- Buys if a bullish signal is detected and sells if a bearish signal is detected, based on the custom indicator calculations.
- The EA modifies the stop loss based on the highest high or lowest low over a lookback period.
- Order Management:
- The EA enters trades with specified stop loss (Stop) and take profit (TakeProfit) levels.
- The EA includes logic to ensure no open positions exist before placing new trades with the same comment.
- Dynamic Lot Sizing:
- The EA calculates lot size based on account free margin and ensures it stays within broker limits.
- Trade Management:
- Includes logic for trailing stop adjustments to lock in profits once the price moves favorably.
- Visual Information:
- The EA optionally takes screenshots during significant events such as order opening or modification.