Recovery by partial closure of position using Grid

MQL5 Indicators

Specification

Hello 

Just a summary of the job. Only for those Master with GRID and RECOVERY

  • Initial trade is via indicator but once the price go against, EA go into recovery mode using profitable position in the GRID. 
  • Recovery system by splitting the position into many separate parts, and closes each of them separately using  grid system.

Example of splitting of unprofitable orders

1.       If the initial lot is 0.01. (position / initial lot) so  0.05 =5 parts

2.       If the initial lot is 0.02 (position/initial lot) so 0.08 = 4parts.

  • These parts are being close separately using profitable orders in the Grid( Last order)

Ex. 0.05= 5 parts if this is equal to -25$DD, EA needs  >5$  to close one part of this order. 0.05 will become 0.04. if this is 16$DD, >4$ will be needed  close another part and then 0.03.

  • ·         The EA close orders via sequence of orders from Oldest to Newest position.
  • ·         EA determines what minimum lot size to put in the next grid level to be able to close parts of the oldest position with profit. 
  • Please check the Image. 

Files:

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recovery.jpg
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Project information

Budget
50+ USD
For the developer
45 USD