An Expert Advisor for Lot Generation

Lot Generator EA

1.      Get the spread difference from the chart.

2.      Buy and sell at the same time (Spread will be the loss)

Example:

Current Spread: 3 points

Buy & Sell EUR USD 0.10 lots at current price (1.17090)

BUY @ 1.17091

SELL @ 1.17088

3.      Immediately close the above orders with the loss of spread value

Example:

Profit / Loss for the above example will be -$0.60

4.      In order to recover the losses made, need to enter the trade with double lot size with hedge recovery strategy (refer this below image)

5.      To cover -$60

let start with 0.02 lot take profit with 30points

0.02*30 = 0.6 usd

if it reversed @-30points set sell stop for multipiler of 2.5 insted of double!!

TP and SL with respective to cover above loss