Dreko EA
Logic:
Grid Trading:
- Places buy or sell orders based on the price action of the previous candle.
- If the previous candle is bullish and exceeds a specified threshold, places buy orders.
- If the previous candle is bearish and exceeds a specified threshold, places sell orders.
- Maintains a grid of orders with predefined spacing and limits based on MaxOrders.
Multi-Currency:
- Can be applied to multiple currency pairs.
- Uses a magic number for identifying and managing trades across different currency pairs.
Scalping:
- Designed for high-frequency trading within short time frames.
- Monitors spreads and slippage to ensure trades are executed within acceptable limits.
- Closes orders when profit or loss thresholds are met.
Dynamic Lot Sizing:
- Calculates lot size based on account balance and risk percentage.
- Uses minimum and maximum lot size limits provided by the broker.
- Can override risk settings manually if specified.
Profit Protection:
- Monitors and closes orders when the account profit reaches a predefined level.
