Some changes in this version: consistent use of points(no more pips); more options for entry signals, including different scopes for the filter; more flexibility for the generation of lot multipliers with 5 parameters instead of the previous two; conditional TP after grid level x or y bars can now be either be in points or %, independent of the method used for the standard TP. Three methods to determine the GMT offset are now available. The default settings of the EA now have a longer trading pause before and after the rollover; Besides that, the default strategy remains the same.

Bug Fix

Fixed an issue where additional entry arrows for open trades were drawn at incorrect chart positions upon EA or platform restart.The fix ensures that each arrow is drawn exclusively at the true entry point of its corresponding trade.

To ensure MT4 suitability, this version uses the monetary amount in account currency per 0.01 lot as the default position sizing method. The presets have been adjusted accordingly and reflect risk profiles as described, if the account currency is USD. If a unit of your account currency is worth more than the USD, for example, EUR or GBP, then choose a proportionally lower amount to get a similar risk profile. If a unit of your account currency is worth less than the USD, for example, AUD or CAD, then choose a proportionally larger amount per 0.01 lot.

The new version of the expert advisor will include a news filter. Information about upcoming and recent news events is now available in the info panel. If the news filter is enabled, the information about news with medium and/or low impact level is optional. For news events with the specified impact, color-coded lines on the chart indicate the date and time of the news events.

In the new version of the Exper Advisor, the calculation method for optional increases or decreases of the Take Profit with each doubling of the lot volume is more intuitive. The input parameter that enables users to adjust the Take Profit in pips previously calculated the changes relative to the original volume, which led to declining changes as the volume increased. Now the new pip goal takes the total volume into account.

Bugfix update. Now the TP values in the info panel for BUY and SELL positions are properly separated if hedging is allowed, and the displayed information can be more easily understood.

The input parameter "take profit mode" is now also used for the up to 3 conditional TPs after the trade has been opened for x bars and/or after a certain grid level. In the previous version of the EA, these optional TPs calculated the price targets in pips, but now they calculate them as % of the balance if this mode has been selected. The corresponding values for the TP in pips or % can be seen in the info box.