Gods Gifts EA v7
Logic:
- Scalping:
- Focuses on capturing small price movements by using short-term Stochastic Oscillator values and EMA for quick entries and exits.
- Configurable to trade within specific hourly windows (UseHourTrade), making it suitable for high-frequency trading in short time frames.
- Trailing Stop:
- Implements a trailing stop mechanism to secure profits as the price moves in favor of the trade.
- Adjusts the stop loss level dynamically to lock in gains while allowing the trade to continue if the market trend persists.
- Stochastic-Based Entries and Exits:
- Uses multiple Stochastic Oscillator settings (short, medium, and long) to determine entry and exit points based on overbought and oversold conditions.
- Entry signals are generated when certain conditions between the short, medium, and long Stochastic levels are met.
- Exit signals are triggered by the reversal of Stochastic conditions and other custom indicators like Keltner Channels and Waddah Attar Explosion.
- Order Management:
- Configurable Stop Loss and Take Profit levels ensure risk management.
- Trades are opened and closed based on specific indicator signals and the current market conditions.
