EA Lucre

Logic:

• Scalping:
  • The EA operates with a scalping strategy, taking advantage of small market movements within specified trading hours (0 to 23).
  • It relies on price action to determine trade entry and exit points, focusing on quick trades with minimal pip targets (4.0 pips for Take Profit).
• Martingale:
  • The EA incorporates a Martingale strategy, where the lot size is increased after a loss using a specified multiplier (1.6 by default).
  • The Martingale sequence continues until the maximum level (MaxLevel) is reached, with a cap to manage risk.
• Multi-Currency:
  • The EA can manage trades across multiple currency pairs simultaneously.
  • It uses a unique magic number (MagicNumber) to identify and manage trades for each currency pair.
• Order Management:
  • The EA dynamically adjusts lot sizes based on the chosen method (Multiplier Lot or Fixed Lot) defined by the DbLots parameter.
  • It tracks open positions and adjusts take profit and stop loss levels as per the ongoing market conditions.
• Risk Management:
  • Limits the Martingale sequence to a predefined maximum level to prevent excessive risk.
  • Trades are only initiated within the specified trading hours.
• Trade Execution:
  • The EA makes trade decisions based on short-term market movements.
  • It handles both BUY and SELL orders, adjusting parameters to maximize profit potential while minimizing losses.Logic:
    • Scalping:
      • The EA operates with a scalping strategy, taking advantage of small market movements within specified trading hours (0 to 23).
      • It relies on price action to determine trade entry and exit points, focusing on quick trades with minimal pip targets (4.0 pips for Take Profit).
    • Martingale:
      • The EA incorporates a Martingale strategy, where the lot size is increased after a loss using a specified multiplier (1.6 by default).
      • The Martingale sequence continues until the maximum level (MaxLevel) is reached, with a cap to manage risk.
    • Multi-Currency:
      • The EA can manage trades across multiple currency pairs simultaneously.
      • It uses a unique magic number (MagicNumber) to identify and manage trades for each currency pair.
    • Order Management:
      • The EA dynamically adjusts lot sizes based on the chosen method (Multiplier Lot or Fixed Lot) defined by the DbLots parameter.
      • It tracks open positions and adjusts take profit and stop loss levels as per the ongoing market conditions.
    • Risk Management:
      • Limits the Martingale sequence to a predefined maximum level to prevent excessive risk.
      • Trades are only initiated within the specified trading hours.
    • Trade Execution:
      • The EA makes trade decisions based on short-term market movements.
      • It handles both BUY and SELL orders, adjusting parameters to maximize profit potential while minimizing losses.