Generic v13.20 EA
Logic:
- Grid Trading:
- Uses multiple orders with a set distance between them (Order_StepDistance).
- Allows placing additional orders based on indicator signals if the price moves unfavorably.
- Order Management:
- Limits the number of simultaneous orders (Max_Orders).
- Orders are managed using a combination of Bollinger Bands, CCI, MA, and OsMA indicators to determine opening and closing conditions.
- Dynamic Lot Sizing and Martingale:
- Lot size is adjusted dynamically based on account balance and risk settings.
- The EA increases lot size after a series of losing trades (Lot_Multiple) to recover losses.
- Profit Protection and Risk Management:
- Implements multiple profit protection strategies, including fixed Take Profit and Stop Loss, time-based closures, Bollinger Bands, CCI, OsMA, and breakeven levels.
- Trailing Stop is available but can be configured to be active or inactive.
- Scalping:
- Designed to work on smaller time frames like M5 and M15, making it suitable for scalping strategies.
- Executes quick trades based on precise indicator conditions, aiming to capture small market movements.
- Time-Based Trading Restrictions:
- Allows trading only within specified time periods for each day of the week.
- Can automatically close trades on Fridays to avoid weekend gaps.
