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AW Double Grids EA
Virtual Take Profit Size (in Points): The deposit amount in points, calculated from the breakeven price for the current group of orders. TP Increment Per Order: The ratio by which Take Profit is increased for each subsequent order placed in the opposite direction.
Description


AW Double Grids EA

AW Double Grids EA.png

Main Settings:

  • Initial Order Size: Defines the size of the first order placed by the Expert Advisor.

  • Enable Automatic Lot Calculation: Use this feature to automatically adjust lot sizes based on changes in the deposit. This ensures consistent risk management.

  • Automatic Lot Deposit Ratio: The deposit amount per 0.01 lots when automatic lot calculation is enabled.

  • Order Size Adjustment Method: Select the method for increasing the size of subsequent orders within the grid. Choose between multiplication (*) or addition (+).

  • Order Size Multiplier/Increment: Enter the value to multiply or add to the size of orders in the grid.

Take Profit Settings:

  • Virtual Take Profit Size (in Points): The deposit amount in points, calculated from the breakeven price for the current group of orders.

  • TP Increment Per Order: The ratio by which Take Profit is increased for each subsequent order placed in the opposite direction.

Last Cycle Settings:

  • Last Cycle Step (Must Exceed Take Profit): Adjusts the step between orders in points. Used during the final cycle of trading or for manual intervention.

Protection Settings:

  • Maximum Slippage (in Points): The maximum allowed slippage in points for opening and closing orders.

  • Maximum Spread (in Points): The maximum spread allowed for opening orders, measured in points.

  • Maximum Order Volume (in Lots): The maximum volume for a single order.

  • Maximum Number of Orders: The maximum number of orders of the same type that can be open simultaneously.

Advisor Settings:

  • Magic Number: The unique identifier for orders placed by the Expert Advisor. Useful for distinguishing between orders placed by different advisors.

  • Order Comments: Customizable comments for orders placed by the Expert Advisor.

  • Allow Opening Buy Orders: Enables or disables the Expert Advisor's ability to open BUY orders.

  • Allow Opening Sell Orders: Enables or disables the Expert Advisor's ability to open SELL orders.

  • Open New Orders After Closing: Allows the Expert Advisor to open new orders after closing existing ones. This can be disabled to prevent new orders after the current ones are closed.

  • Show Advisor Panel: Option to display or hide the Expert Advisor's control panel.

Know More:t.me/JH113

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