VR Smart Grid Lite
Logic:
- Grid Trading:
- The EA operates using a grid trading strategy, where buy and sell orders are placed at intervals (iPointOrderStep) defined in pips. It creates a grid of orders to capture market movements in both directions.
- The EA calculates the average prices (AwerageBuyPrice and AwerageSelPrice) for existing buy and sell positions and adjusts the take profit accordingly.
- The lot size for each new order is dynamically adjusted. If there are no existing trades, it starts with a fixed lot size (iStartLots). If there are existing trades, the lot size is doubled.
- Order Management:
- The EA monitors existing orders and manages them based on the grid logic. It places new buy orders if the market goes up and there are no buy orders, or if the last buy order is far enough from the current price.
- Similarly, it places new sell orders if the market goes down and there are no sell orders, or if the last sell order is far enough from the current price.
- Take Profit and Slippage:
- The EA sets a take profit level (iTakeProfit) for each order based on the specified pips. It also includes a slippage control (iSlippage) to manage price slippage during order execution.
- For orders within the grid, the EA adjusts the take profit dynamically based on the average price of the positions.
- Magic Number:
- Each order is managed using a unique magic number (iMagicNumber) to distinguish it from other orders placed by different EAs or strategies.
