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.
- Scalping:
