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LogicalTraderEA

LogicalTraderEA is a Hedging Expert Advisor which uses a grid recovery strategy.


Trading Strategy

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.

This EA works on all time frames without losing its efficiency, but it works most efficiently in the H1 time frame. I have already set the most optimal default parameters in accordance with the strategy.

It is highly reliable, as it has been developed considering trading on a real account.

The initial 2 trade will open if it crosses above the resistance line and below the support line of the time frame you have attached on the EA. The favoring trend will have a larger lot size if your money management is not Fix Lot.

Optimized trailing stop deactivates if it detects a breakout to maximize profit. Aggressiveness will depend on the time frame you have attached the EA; the lower the value, the more aggressive.

I Added Close All Button on the chart that close all trade that made by this EA on the chart.

The money-management are:

  1. Fixed Lot that allows you to set a fixed lot size.
  2. Lots Increment that sets a lot size with an increment of the value of Starting Lot. For example, the Starting Lot is 0.02; the next lot size will be 0.04, 0.06, 0.08 and so on.
  3. Lot Sizing Increment that sets an initial lot size of Account Balance divided by the value set in parameter "Lot Sizing: 1lot for every" and with an increment of the value for every trade open. For example, "Account Balance" is $1000 and "Lot Sizing: 1lot for every" is 100,000. 1000/100,000=0.01, the starting lot is 0.01 with an increment of 0.01 per open trade as follows: 0.01, 0.02, 0.03, 0.04 and so on.

The EA will automatically reject an order, if the margin is not enough or the Maximum number of order allowed by your broker is reached.


Parameters

  • MoneyManagement - Fix lot, Lots Increment, Lot Sizing Increment.
  • StartingLot - Starting Lot Size.
  • Lot Sizing: 1lot for every__ - Set your custom lot sizing.
  • ***Money Manager*** - Sets the Account balance filter below.
  • Maximum Account Balance - the EA will not trade if balance is above value.
  • Minimum Account Balance - the EA will not trade if balance is below value.
  • Info Dashboard Settings - Sets the Info Dashboard Settings below.
  • ShowDashboard - Show Info Dashboard if set to true.
  • Profit Color - Choose the color for profit.
  • Loss Color - Choose the color for loss.
  • Text color - Choose the color of text.


Author

Genesis Hafalla is a programmer who aims to create products both the MetaTrader 4 and MetaTrader 5 platforms.

Jenny Gay Dimafiles
114
Jenny Gay Dimafiles 2017.12.12 05:47 
 

This EA has great potential. It doesn't open a lot of trades when recovering so it doesn’t have too much load on the deposit. I already earned some pips from it.

Ronfx00
374
Ronfx00 2017.07.15 11:09 
 

Good expert advisor with excellent services :)

Purchase it and see the results yourself.

Greeting singapore

P.MOHAMED RAFIK
1244
P.MOHAMED RAFIK 2017.06.09 16:29 
 

Nice support

chuotme
1009
chuotme 2017.06.02 15:13 
 

User didn't leave any comment to the rating

Francisco Reyes
812
Francisco Reyes 2017.05.29 14:01 
 

EA magnífico

Buen beneficio, bajo DD y gran soporte por parte de Genesis Hafalla.

Cualquier duda o problema no tiene inconveniente en resolverlo y ayudar al comprador.

Un producto maravilloso,uno de los mejores EA de todo el mercado.

Enhorabuena a su creador.

Version 2.16 2018.04.24
The initial 2 trade will open if it crosses above resistance line and below the support line. The favoring trend will have a larger lot size.
Optimized trailing stop deactivates if it detects a breakout to maximize profit. Aggressiveness will depend on the time frame you have attached the EA; the lower the value, the more aggressive.
Added close All button on the chart.

New inputs:
MoneyManagement - Fix lot, Lots Increment, Lot Sizing Increment.
StartingLot - Starting Lot Size.
1lot for every__ - Set your custom lot sizing.
***Money Manager***
Maximum Account Balance - the EA will not trade if balance is above value.
Minimum Account Balance - the EA will not trade if balance is below value.
Info Dashboard Settings
ShowDashboard - Show Info Dashboard if set to true.
Profit Color - choose the color for profit.
Loss Color - choose the color for loss.
text color - choose the color of text.
Version 2.15 2017.10.18
Logical Trader is now fully optimized.
Now uses Average True Range as distance recovery and moving average as trailing stop.
Removed all unnecessary object to increase speed.
Version 2.14 2017.06.28
Added an option for MoneyManagement.
*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
Version 2.12 2017.06.07
I made the preset INPUT more user-friendly for different kinds of brokers and accounts, which includes:
-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.