New Line Expert
- The Expert Advisor defines the most probable price chart movement areas and opens a grid of Buy Stop or Sell Stop pending orders.
- It does not use high-risk strategies, like martingale.
- Orders are closed by averaging. Stop loss and take profit can be used.
- The EA has been developed for trading EURUSD H4.
- Low drawdown and deposit load.
- Not affected by slippage and server delays.
- Not affected by spread.
- The minimum deposit is $100 and the minimum lot is 0.01.
- Suitable for a rapid deposit boost.
- Lot - order volume.
- orders - maximum number of pending orders.
- step - distance between pending orders.
- TakeProfit - take profit.
- StopLoss - stop loss.
- Profit - value, at which all market orders are closed.
- Magic - order magic number.
Recommended settings values
Settings values do not depend on the number of quotes' decimal places. Example: TakeProfit = 0.001 is equal to 10 points at four-digit quotes or 100 points at five-digit ones.