Trading Profit Protect EA
Logic:
- Scalping:
- The EA is designed to monitor the total pips profit of all open trades with a specific Magic Number and take action when certain profit thresholds are met.
- It includes a feature to close all trades if a specific profit level in pips (ScalpProfitPips) is reached.
- Profit Protection:
- The EA tracks the profit in pips and locks in profits when a certain level (StartLockPips) is reached.
- If the total profit drops back to the locked level, it will close all monitored trades to secure the profits.
- Order Management:
- The EA closes all trades associated with the given Magic Number when the conditions for profit protection or scalping are met.
- It allows for dynamic adjustment of locked pips as profits increase.