Forex Automatico

How it Works

When the EA is active, it analyzes the chart based on the Execution Mode parameter.

No existing positions on the chart:
  • If the trend is bullish, the EA enters a buy trade.
  • If bearish, it enters a sell trade.
Existing positions with the last one in loss:
  • The EA checks if the distance between the current market price and the order meets the minimum distance set by the user.
  • It enters a trade based on the candle, calculates the lot size using the martingale method.
EA Parameters Execution Mode:
  • Every New Bar: Analyzes on every new candle; enters trades only after a new candle appears, following distance settings for the new layer.
  • Every Tick: Enters trades immediately when attached and a new layer immediately when the order distance is met.
Positions Mode:
  • Default mode: Buy & Sell.
  • Optionally configured to operate only in Buy or Sell.
Analysis Method:

Determines the first trade direction if no positions exist. Options include:

  • Classic Candle (Bull/Bear)
  • SMA
  • RSI
Lot Management:
  • Initial Lot Size: Defines the size for the first order.
  • Martingale Multiplier: Increases lot size after the first trade based on the multiplier value.
Take Profit:
  • Defines the Take Profit for the EA if configured.
Distance Settings Between Orders:
  • Minimum/Maximum Distance: Defines the range between orders.
  • Distance Increment Between Orders: Increases the distance for each additional layer.
Max Trade:
  • Sets the maximum number of orders the EA can open in one direction.


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