Transformer EA v3
Logic:
- Grid Trading:
- This EA uses a grid trading strategy where it places multiple pending orders at specified price intervals (PipStep) in both directions (buy and sell).
- It dynamically adds to positions based on market movement and previously established grid levels.
- Dynamic Lot Sizing:
- The EA adjusts the lot sizes of trades based on the market condition and trading strategy parameters like TurboBoost and the number of open trades.
- Different lot sizing strategies can be selected based on the MMType parameter, including fixed lots, dynamic adjustment, or boosting after a loss.
- Trailing Stop:
- The EA includes an option to use a trailing stop to secure profits as the market moves favorably.
- The trailing stop is dynamically adjusted based on the market price and configured levels.
- Order Management:
- The EA manages open trades by closing them when specific conditions are met, such as reaching a profit target or the end of a time-out period.
- It also includes options to close trades when equity drops below a certain threshold (UseEquityStop).
