Description:
Are you looking to step up your trading game? The CycleMarketOrder is an innovative Expert Advisor tailored for grid trading enthusiasts.
This system places market orders in one direction at fixed intervals, helping you capitalize on price fluctuations.
Examples:
Let’s break it down:
- For USDJPY: If you set
maxPrice = 115, the grid trading will kick off within the range of 115 to 105 yen. - For EURUSD: Setting
maxPrice = 1.15will allow trap trading to occur between 1.15 and 1.05 dollars.
This EA is flexible and works seamlessly across any timeframe.
Parameters:
- version: The module version.
- magic: Assign a magic number for tracking.
- entry: Set to only buy (1) or only sell (-1).
- maxPrice: This defines the upper limit of your trading range.
- maxCnt: Determine the maximum number of positions you want to open.
- lots: Specify the lot size; for instance, 0.01 equates to 1,000 units of your currency.
- BreakEven: Set your lowest profit threshold in pips.
- TrailingStop: Define the trailing stop distance in pips.
- spanPips: Set the interval in pips, ensuring that this value is positive.
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