LogicalTraderEA is a Hedging, Multi-Currency Expert Advisor which uses a recovery strategy based on Average True Range and a profitable trailing stop based on Moving Average.
LogicalTraderEA trades on all types of pairs. It works most efficiently on an account with a high margin, which plays a huge role in any strategy. The user has to be able to consider withdrawal as a part of the strategy.
LogicalTraderEA works on all time frames without losing its profitability but It works most efficiently in H1 time frame. I have already set the most optimal default parameters in accordance with the strategy.
LogicalTraderEA is highly reliable, as it has been developed considering trading on a real account. The money-management is Fixed Lot that allows you to set a fix-lot size and Lots Increment that sets a lot size with an increment of the value of Startling Lot. For example the Starting Lot is .02 the next lot size will be .04, .06, .08,...
A trailing stop will activate once the equity reaches a point where a trailing stop is already considered a profitable stop. The EA will notify you on your mobile terminal if a trade is executed.
- MoneyManagement - The Option to Fixed Lot and Lots Increment.
- StartingLot - The Starting Lot Size of trade.
Genesis Hafalla is a programmer who aims to create products both the MetaTrader 4 and MetaTrader 5 platforms.
Now uses Average True Range as distance recovery and moving average as trailing stop.
Removed all unnecessary object to increase speed.
*LotsMultiplier - Compute the lot Size by Counting total trades count multiply by Fixlot.
Added an Input Customized Maxlot.
*CustomMaxlot-Input desired Maxlot when Position Sizing and lots multiplier are activated
-An Object Info for the Next Lot to open and Open Trade Size
-I removed PosLotstep option 1 and preset it to .01
-money management is now preset to fixlot .01 or the broker's minimum lot
-I added position sizing balance/1000
-I also added an input for MaxSlippage, which refers to the difference between the expected price of a trade and the price at which the trade is actually executed.