Job finished
Execution time 3 days
Specification
PseudoGrid with Martingale
Inputs:
1. Initial volume
2. Lot Exponent (double, for example:1.2)
3. Take Profit
4. Stop Loss (if it is 0 --- disabled)
5. Pips Step
6. Max Trades
7. Lock Profit (pips)
8. Trailing Stop --> Only from the Lock Profit point
9. Magic Number
Opening of the first TRADE BUY
If Close2 <Close1 --> open BUY
Requirements: There are no trades in BUY or SELL
(Initial Volume, Take Profit, Stop Loss, Lock Profit, Trailing Stop, Magic Number)
Opening of the first TRADE SELL
If Close2> Close1 --> open SELL
Requirements: There are no trades in BUY or SELL
(Volume, Take Profit, Stop Loss, Lock Profit, Trailing Stop, Magic Number)
Opening of the following BUYs
In bar openings
If the first trade (or previous ones, if the opening cycle is repeated) has not closed,
and the distance in pips is equal to or greater than the opening price of the first TRADE BUY - Pips Step….
Then open a new trade (Volume = Initial Volume * Lot Exponent)
The cycle of openings is repeated (unless the number of trades = Max Trades) until the average of the profits = TP,
o average profit = Lock Profit (Trailing Stop is activated)
Opening of the following SELLs (the same, but in sales)
In bar openings
If the first trade (or previous ones, if the opening cycle is repeated) has not closed,
and the distance in pips is equal to or greater than the opening price of the first TRADE SELL + Pips Step….
Then open a new trade (Volume = Initial Volume * Lot Exponent)
The cycle of openings is repeated (unless the number of trades = Max Trades) until the average of the profits = TP,
o average profit = Lock Profit (Trailing Stop is activated)
To consider:
Only the first BUY trade or the first SELL trade takes into account the Close 2 and Close 1 conditions to open trades. The following trades in the series only take into account that the distance with the previous trade is fulfilled.
The distance in pips is only checked when a new bar opens, if within the same bar that distance is exceeded, A NEW TRADE IS NOT OPENED until the bar opens.
When a cycle is closed, the volume returns to the initial one.
For the multiplier lot, keep in mind that the initial lot will be 0.01
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