Easy Robot EA
Logic:
- Scalping:
- The EA is designed to take advantage of short-term market movements on H1 charts.
- It places buy or sell orders based on the price action of the current bar, with a preference for entering trades when the open price is lower or higher than the close price.
- Includes a customizable trailing stop to lock in profits as the market moves favorably.
- Trailing Stop:
- A trailing stop mechanism is employed to adjust the stop loss dynamically as the price moves in favor of the trade.
- The EA includes options for adjusting the trailing stop start point and step size, ensuring flexibility in locking in profits.
- Order Management:
- The EA can operate with automatic lot sizing based on risk percentage or with fixed lot sizes.
- The take profit and stop loss levels are dynamically calculated based on an ATR multiplier, which helps in adjusting these levels according to market volatility.
- Includes checks to ensure that trades are only placed if there is sufficient margin available.
- Risk Management:
- The EA includes features for both fixed lot sizing and dynamic lot sizing based on the available free margin and risk settings.
- The stop loss and take profit factors are customizable, allowing users to optimize the EA’s performance according to their risk tolerance.
