Martingale Grid with ADR

• First order is placed manually by clicking the buy or sell button on chart screen.
• EA will automatically activates the martingale grid.
• Grid step distance is calculated @ average daily range of the last five D1 bars  divided by 2. 
• The dynamic position size for the first grid step is calculated based on % of account balance 
• The subsequent Grid steps are fully  automatic  
• TP  for each grid is calculated 2 x Grid step points
• Once it hits TP, EA close all open and pending orders for that currency pair until the next manual entry .  
• Must be able to trade Currency, CFD and futures.

Buy Button : on chart 
Sell Button: On chart 
Close button: on chart 
Chart Display -----
Profit/ Loss for the pair: $
Profit Loss for the pair : % of account Balance
ADR 5: average daily range period 5. 

Parameters: 

ADR bars : 5 ( average daily range of last 5 Daily bars) 

Grid step: (calculation: ADR 5 divide by 2 ) 

First Step position of account balance (dynamic): 1% 

Subsequent step Martin : multiplier for each subsequent order . 

Max steps: 

TP :  2 X Grid Step pips. If 0, TP is disabled  . 

SL : % of the account balance from all positions. (eg: if 3, when the currency pair reach draw down of 3% of the account balance from ALL open orders, all positions for that pair closes)