Forex Gold Trader v2 EA
Logic:
- Scalping:
- Operates on the M1 timeframe and targets small price movements.
- Utilizes a hidden take profit to close trades discretely.
- Order Management:
- Limits trades based on MaxTrades.
- Trades only during specific hours on Thursdays and Fridays.
- Implements a daily profit target to cease trading once achieved.
- Dynamic Lot Sizing and Martingale:
- Uses a lot size multiplier (LotMultiplikator) to increase lot size with each new trade.
- Adjusts lot size based on account balance or a fixed lot size setting.
- Equity Protection:
- Implements an equity stop loss based on a percentage of the account equity.
- News and Range Filtering:
- Includes filters to avoid trading during sideways markets or significant news events.
- Uses OpenRangePips and MaxDailyRange to determine safe trading zones.
