Ninja Forex v2 EA
Logic:
- Arbitrage:
- The EA appears to use arbitrage techniques by monitoring bid-ask spreads, price discrepancies, and market conditions to make quick trades when opportunities arise.
- Scalping:
- The EA is designed for high-frequency trading (HFT) and scalping, capitalizing on small price movements and executing a large number of trades within short time frames.
- It incorporates mechanisms for quick entry and exit from trades, with settings like BidAsk spread management, time filters, and specific trading hours.
- Custom Indicators:
- The EA uses custom indicators for decision-making, including moving averages and Fibonacci levels to determine entry and exit points.
- It integrates a range of settings and parameters to optimize its performance, including timeframes, risk management, and spread controls.
Order Management:
- The EA manages orders by dynamically adjusting stop losses, modifying orders based on market conditions, and ensuring trades are executed within specified parameters like timeframes and spreads.
- It also uses filters to control when trades are executed and includes detailed logic for handling different types of market scenarios.
