High Profit EA
Logic:
- Trend-Following:
- The EA uses Moving Averages (MA) as trend filters. It opens buy trades if the price is above a certain MA and sell trades if the price is below a certain MA.
- Additional trend filters include the Damiani Volatmeter and the custom “Carmen” indicator for more precise trend detection.
- Order Management:
- The EA manages orders based on various conditions, such as time filters, day filters, and trade count limits.
- It can close all trades if specific conditions are met, such as total equity loss exceeding a defined percentage of the account balance.
- Trailing Stop:
- The EA employs a trailing stop mechanism for both buy and sell orders to lock in profits as the market moves in the trade’s favor.
- Dynamic stop loss levels are calculated based on the ATR (Average True Range) indicator.
- Dynamic Lot Sizing and Martingale:
- The EA supports dynamic lot sizing based on account balance and risk parameters.
- It can also increase the lot size using a Martingale strategy if certain conditions are met.
- Profit Protection:
- The EA has mechanisms to protect profits, including the ability to close all trades if the profit exceeds a certain percentage of the account balance.
- It can also close trades based on custom timeouts or if specific price levels are hit.
