OGT Zone Recovery EA v1.5
Logic:
- Hedging:
- The EA is primarily designed around a zone recovery strategy, where it uses hedging to recover from losing positions. It opens opposing trades to recover losses when the market moves against the initial position.
- It utilizes Recovery Zones and Take Profit targets, adjusting them dynamically based on market conditions.
- Multi-Currency:
- The EA can be adapted to trade across multiple currency pairs, leveraging different timeframes and RSI signals for trade entry.
- The strategy can be applied to multiple currency pairs, using a combination of manual and automated trade setups.
Order Management:
- The EA dynamically manages orders, adjusting lot sizes based on the recovery phase. It monitors open positions and places pending orders to hedge existing positions.
- The EA includes money management settings, with options for fixed or percentage-based risk management, and can adjust lot sizes using a multiplier strategy during recovery.
