GPS Forex Robot USDCHF EA
Logic:
- Arbitrage:
- This EA is designed for arbitrage trading, particularly focusing on the USDCHF pair.
- It monitors spreads and market conditions to find arbitrage opportunities.
- The EA adjusts its behavior based on the market’s GMT offset and works optimally with specific broker conditions.
- Dynamic Lot Sizing:
- The EA includes an option for dynamic lot sizing based on account leverage and available margin.
- It calculates the optimal lot size to maximize profit while minimizing risk.
- Users can set parameters for lot size reduction to ensure trading within acceptable risk levels.
- Risk Management:
- The EA incorporates several risk management features, including maximum lot size limits and slippage control.
- It includes logic to handle errors during order placement, such as retries and adjustments based on market conditions.
- It can be configured to send alerts, emails, and logs for additional monitoring and risk management.