EA Phoenix 2021
Logic:
Scalping:
- The EA focuses on making quick trades based on short-term market movements.
- Utilizes Pinbar patterns for trade entries (IsBuyPinbar, IsSellPinbar).
- Checks for specific market conditions before placing trades.
Moving Averages:
- Uses Moving Average (MA) as an indicator to determine trade direction.
- Reads historical price data from HST files to find optimal trading levels (ReadFileHst, datapath).
Trailing Stop:
- Adjusts stop loss dynamically to secure profits when the price moves favorably (Trailing, TrailingExtra).
Order Management:
- Manages open orders to ensure optimal trade execution and prevent overtrading (CheckMarketBuyOrders, CheckMarketSellOrders, MainOrders).
- Uses dynamic lot sizing based on account balance and risk parameters (GetLots, risk).
Profit Protection:
- Closes all buy or sell trades if specific conditions are met, ensuring profit protection (CloseBuy, CloseSell).
