FoZo System EA
Logic:
Martingale:
- Increases lot size on subsequent trades following a loss, based on an exponential factor (Exponenta) to recover losses.
Grid:
- Opens additional trades in the same direction when the price moves a specified distance (Step) away from the previous trade, forming a grid-like structure.
Trend-Following:
- Identifies buy or sell signals based on the price action of the last two bars (Open and Close prices).
- If the last two bars indicate a trend (both bars are bullish or bearish), the EA opens trades in the trend’s direction.
Order Management:
- Trades are managed based on account balance and risk percentage.
- Closes trades in the opposite direction if a new trade is opened, ensuring only one type of trade (buy or sell) is active at a time.
- Uses dynamic lot sizing based on account balance and previous trade outcomes.
