Profit Seven 2 EA
Logic:
- Grid:
- Utilizes a grid trading strategy by placing buy and sell orders based on predefined pip steps.
- Orders are managed based on profit and loss thresholds, including the possibility of closing all positions when a certain basket profit or loss is reached.
- Hedging:
- The EA supports hedging by placing both buy and sell orders simultaneously to capitalize on market movements in either direction.
- Order Management:
- Manages orders by setting dynamic stop loss and take profit levels based on ATR values.
- Includes functionalities to close all orders or close orders at a loss if specific conditions are met.
- Implements time-based filters to control trading during specific hours, days, and market conditions.
- Trend-Following:
- Utilizes multiple moving averages and custom indicators (e.g., Damiani and Carmen’s Eyes) to follow the trend and filter trades based on trend direction.
