Teodosi EA

$160.00

Type of EA: Trend-Following and Level Trading EA with Stop and Take Profit Management

Teodosi EA
Logic:

  1. 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.
  2. 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.
  3. Dynamic Lot Sizing:
    • The EA calculates lot size based on account free margin and ensures it stays within broker limits.
  4. Trade Management:
    • Includes logic for trailing stop adjustments to lock in profits once the price moves favorably.
  5. Visual Information:
    • The EA optionally takes screenshots during significant events such as order opening or modification.
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