EA Profit v10
Logic:
Arbitrage:
- The EA attempts to take advantage of price discrepancies between different market conditions by placing pending buy and sell stop orders.
- Uses a specific products key for validation and operation, ensuring the EA is authorized (Productskey).
- The EA operates on the H4 timeframe, making it suitable for medium-term trading strategies.
Order Management:
- Limits trades based on maximum spread (MaxSpread) and maximum orders (MaxOrder).
- Uses money management settings to adjust lot sizes based on account balance and risk settings (AutoMoneyManagement, PercentToRisk, PercentSafety).
- Trades within specified hours (StartTrade, EndTrade).
- Deletes pending orders after a specified time (DeletePendingTime).
Indicators Used:
- EMA (Exponential Moving Average) to determine trade entries and exits (PeriodEMA).
Trailing Stop:
- Adjusts stop loss to secure profits when the price moves favorably (trailing).
Profit Protection:
- Closes all trades if the equity drops below a certain level (PercentSafety).