Meet the Creators: The brain behind this innovative trading tool is Igor, with the coding expertise of barabashkakvn.
The Ambush EA is designed to strategically place pending Buy Stop and Sell Stop orders at a predefined distance known as Initial Indentation. One key feature to note is the Max Spread parameter; if the current spread exceeds this value, the EA won't initiate any pending orders. Once these orders are in play, they’re continually adjusted with a Trailing Stop and Trailing Step, effectively waiting for those sudden price spikes to trigger the orders. This adjustment happens every Pause seconds, keeping your strategy responsive.
The EA manages your positions by monitoring Equity Profit and Equity Loss levels. When your profits hit the Equity Profit threshold, all positions are closed to secure those gains. Conversely, if losses reach the Equity Loss limit, all positions will also close to prevent further downside.
Performance Snapshot: Here’s a glimpse of the results from January 8 to February 5, 2018, on the M1 timeframe:
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