Often after the weekend, a price GAP appears on the chart. In more than 95% of cases, the price quickly returns to the Friday closing level.
The EA determines the GAP and opens orders in the direction of closing the GAP.
Benefits
- high probability of profitable trades
- using a grid of orders to increase profits
- setting order volumes
- hidden stop loss and take profit
- managing the grid of orders as a single position
EA settings
- StartTrading, EndTrading - trading time. Trading time is limited to exclude the opening of orders during the day during the news
- Lot - lot size
- LotMultiplier - lot increase ratio when using a grid of orders
- OrdersStep - step of the grid of orders
- MaxOrders - number of orders
- Min_GAP_size - minimum gap size for opening an order
- TakeProfitPercent - used to calculate take profit as a percentage of the size of the gap
- StopLoss - stop loss of a position
- Trailing - enable trailing stop
- Trailing_Start - start trailing
- Trailing_Distance - distance to price
- Trailing_Step - trailing step
- BreakEven - enable breakeven
- BreakEven_Profit - profit at which the order is transferred to breakeven
- BreakEven_Fix - Number of pips for fixing profit
- MagicNumber - magic number of orders
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