THV EA v2
Logic:
- Trend-Following:
- The EA uses a combination of custom indicators, including Heiken Ashi, Coral, and Trix, to determine the direction of the trend.
- Buys if all configured buy signals are true, sells if all sell signals are true.
- The EA incorporates Ichimoku cloud signals and trend conditions to filter trades.
- Order Management:
- The EA manages open orders by checking for close conditions based on the Trix and trend indicators.
- Includes a trailing stop mechanism to secure profits when the price moves favorably, with separate configurations for buy and sell positions.
- Multiple Signal Filters:
- The EA uses up to six different signal conditions that must align for a trade to be placed.
- Signals include price crossing Coral, Trix conditions, Ichimoku levels, and Heiken Ashi.
- Dynamic Lot Sizing:
- Lot size is optimized based on account free margin and decreases after a series of losses.
- Time Filter:
- The EA includes a time filter that restricts trading to specified hours, ensuring trades are only placed during the preferred trading sessions.