GRID/DCA EA for XAUUSD Trading needed

Lot Management

• fixed lot size
• The pending orders need to be virtual and not sent to order book until price trigger
  

• Grid spacing, number of orders/levels AND open positions should be a control feature - after which:

  • If price moves up → additional SELL positions are opened
  • If price moves down → additional BUY positions are opened

  
  

  Exit Strategy

  • individual Take Profit per trade (if possible)

  • If above is not possible all open positions need to be managed as a basket
  • BUY and SELL positions are averaged separately (again part of basket strategy) 
  • Basket position exit should be implemented for BUY, SELL and both BUY = SELL (combined) positions depending on which basket for each achieves profitable exit first 
  • When total profit reaches target → all trades are closed (if profitable). If not profitable - current cycle is completed as per rules set above and no new trades are opened

  Grid display on chart - with trade mapping

• if there are price swings (beyond defined %) from the mean point of the GRID system price and open positions are in LOSS then hedging position needs to be executed depending on LOSS amount and direction of the open position contributing to the LOSS.

No Technical Indicators are required to be configured in this system.