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ForexTrade PAMM

When launching the Expert Advisor, it opens a market order in a pseudo-random manner. Further on, if the price moves in the unfavorable direction, the EA increases position both in the direction and against a trend. Counter-trend deals in an order grid are closed only by a trailing stop or a common take profit, while locking trades can also be closed by a breakeven when the price is rolling back. The breakeven of a locking order allows the EA to get rid of unnecessary deals in the order grid in case of a price roll-back. The StartLock parameter determines, after which deal order locking should start. All subsequent opened orders in the grid are locked. If a locking order is closed, new deals are opened only if the price is not closer than MinStep to the last opened order in the grid. Otherwise, if the price starts reversing, the entire order grid is closed. The lots are increased in fixed manner using the AddLot parameter or the MartinLot martingale. The EA features the functions for closing all orders when receiving a profit TPPersent or a loss SLPersent in percentage of the deposit. The product is designed for 4-5-digit quotes. Recommended symbols: EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, and EURCHF. The deposit should be no less 100 units of base currency per one pair in case of an initial lot of 0.01.


Parameters

  • Lot – initial lot;
  • LotGrowth – amount of orders opened in the grid to allow the lot increase;
  • AddLot – additional lot when opening new orders;
  • MartinLot – trading lot multiplier. If 0, disabled;
  • MaxLot – maximum lot for opening a deal;
  • MinStep – minimum distance between orders;
  • StartLock – after which order the locking of subsequent opened positions is to be applied;
  • TakeProfit – take profit;
  • TrailStart – number of points to start trailing stop;
  • TrailStep – trailing step;
  • BreakStart – number of points to start breakeven of a locking order;
  • BreakStep – breakeven step for a locking order;
  • SLPersent – when reaching a specified loss percentage, the EA closes all orders. If 0, disabled;
  • TPPersent – when reaching a specified profit percentage, the EA closes all orders. If 0, disabled;
  • Attempts – maximum number of attempts to open an order;
  • Pause – pause between order open attempts in seconds;
  • Slippage – maximum slippage;
  • Magic – magic number;
  • Com – comment to trades.
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