AminGrid EA
Logic:
- Grid Trading:
- Opens buy and sell orders at fixed price intervals.
- Uses a grid of buy and sell orders to capitalize on market fluctuations.
- Order Management:
- Opens buy orders when the price increases by a certain amount (bdiff) from the last buy price.
- Opens sell orders when the price decreases by a certain amount (sdiff) from the last sell price.
- Closes orders when a certain profit target (dollar) is reached or after a set number of days (expirationDays).
- Risk Management:
- Limits the number of open orders to maxopenorders.
- Uses a lot size multiplier (multiplier) to increase the lot size of new orders based on the number of existing orders.
- Adjusts lot sizes dynamically based on account free margin and predefined risk parameters.
Detailed EA Explanation
- Initialization and Deinitialization:
- Initializes key variables such as lot size, minimum and maximum lot sizes, and lot step.
- Sets the initial buy and sell prices to zero.
- OnTick Function:
- Main function where all trading decisions and order management occur.
- Continuously checks market conditions and manages open orders.
- Evaluates the market conditions and decides whether to open new buy or sell orders based on the grid intervals (bdiff and sdiff).
- Closes orders when the profit target (dollar) is reached or when orders have been open for more than expirationDays.
- Dynamically adjusts the lot sizes 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).
