Turbo Profit v3
Logic:
- Grid Trading:
- The EA operates by placing buy and sell orders in a grid pattern based on market movements.
- It uses a grid spacing (hSETKY) and dynamically adjusts the grid based on market conditions.
- Trailing Stop:
- A trailing stop mechanism is employed to lock in profits as the market moves in a favorable direction.
- The EA adjusts stop-loss levels dynamically to secure profits and reduce risks.
- Dynamic Lot Sizing:
- The EA utilizes a dynamic lot sizing mechanism, adjusting the lot size based on account balance, risk percentage, and other parameters like LotMultiplicator.
- It adapts the trading size to the market conditions, aiming to optimize profitability while managing risk.
- Order Management:
- The EA is capable of managing multiple layers of orders (referred to as “TorgSloy”), with specific settings for the maximum number of layers and grid adjustments.
- It includes retry mechanisms for opening and closing orders, ensuring robustness in trade execution.
- Profit Protection:
- The EA employs take-profit levels and protective stop-loss mechanisms to safeguard profits.
- It also features a ProtectionTP setting to adjust take-profit levels dynamically based on market conditions.
- Additional Features:
- The EA supports visual representation of trade levels and status updates on the chart.
- It includes a slippage control mechanism to ensure trades are executed within acceptable price ranges.