EA The One
Logic:
- Level Trading:
- The EA uses various indicators (MA, Bollinger Bands, Envelopes) to determine critical price levels and execute trades based on these levels.
- Trades are placed when the price reaches certain calculated levels, with dynamic adjustments for stop loss and take profit based on current market conditions.
- Scalping:
- This EA is designed to take advantage of short-term market movements, placing multiple trades within a short period to capture small price differences.
- Includes slippage control and checks for market conditions like spread and volatility before executing trades.
- Dynamic Volatility Control:
- The EA dynamically adjusts its trading strategy based on market volatility, using volatility multipliers and limits to determine the appropriateness of trade entries.
- Trades are avoided during periods of extreme volatility or when the spread exceeds a defined maximum.
- Order Management:
- Implements trailing stops to lock in profits as the market moves in favor of the trade.
- Manages trade expiration times and modifies existing orders based on market conditions.
- Risk Management:
- Features dynamic lot sizing based on account balance, risk percentage, and market conditions.
- Includes additional risk controls, such as maximum spread and volatility checks, to minimize potential losses.
