Logic:
- Grid Trading and Martingale Strategy:
- Opens buy and sell stop orders at fixed price intervals based on ATR filter.
- Uses a grid of buy and sell orders to capitalize on market fluctuations.
- Implements a Martingale strategy by increasing lot size based on a multiplier.
- Order Management:
- Opens buy and sell stop orders based on ATR filter to ensure high volatility trading.
- Closes orders when a certain profit target (CloseByProfit) is reached.
- Closes all orders if the floating loss exceeds a set threshold (CloseByFloat).
- Dynamically adjusts lot sizes for new orders based on predefined risk parameters and account free margin.
- Risk Management:
- Limits the number of open orders and levels.
- Uses take profit and stop loss to manage risk.
- Implements trailing stop and break-even mechanisms.
- Closes orders based on expiration days.
- Allows for the configuration of time filters to restrict trading to specific periods.
Detailed EA Explanation
- Initialization and Deinitialization:
- Initializes key variables such as lot size, minimum and maximum lot sizes, lot step, and profit/loss targets.
- Sets initial values for various trading parameters, including ATR filter and time filters.
- OnTick Function:
- Main function where all trading decisions and order management occur.
- Continuously checks market conditions and manages open orders.
- Evaluates the ATR value to decide whether to open new buy or sell stop orders.
- Closes orders when profit target (CloseByProfit) or floating loss (CloseByFloat) thresholds are met.
- Adjusts lot sizes dynamically for new orders based on the number of existing orders and the lot size multiplier (multiplier).
- Order Management Functions:
- Count(int type): Counts the number of open orders of a specified type (buy or sell).
- ordersprofit(int type): Calculates the total profit of open orders of a specified type (buy or sell).
- Closeorders(int type): Closes all open orders of a specified type (buy or sell).
- DeletePending(): Deletes pending orders.
- TimeTrade(): Checks if the current time falls within the configured trading hours.
- Risk Management Functions:
- LockProfit(int TiketOrder,int TargetPoints,int LockedPoints): Moves stop loss to lock in profit.
- RZ_TrailingStop(int TiketOrder,int JumlahPoin,int Step,ENUM_TRAILINGSTOP_METHOD Method): Implements trailing stop functionality.
- SetSLnTP(): Sets stop loss and take profit for open orders based on server or client settings.
- CloseAll(): Closes all orders.
- ClosePos(): Closes all positions for the current symbol and magic number.
Additional Features
- Display Function:
- Displays key statistics on the chart, such as current price, spread, profit percentage, and drawdown.
- DrawStat Function:
- Draws text on the chart to display various statistics.
- dd Function:
- Calculates drawdown and updates drawdown statistics.
This EA employs a combination of grid and martingale strategies with ATR filtering to enhance trading decisions based on market volatility. The risk management is comprehensive, including profit/loss thresholds, trailing stop, break-even, and time filters to ensure controlled and strategic trading.
