This EA sets the level of the total profit of all positions (opened by the EA) in points – “Total Profit Target” parameter. At the same time, there is a limitation: not a single PROFITABLE position may have profit LESS than “Minimal Profit Target“. Thus, the minimum profit threshold in points for positions is set. This approach gives a more qualitative profitability graph than the standard approach of closing the position by profit expressed in money.
Defining a trend
Moving Average “Short” is ABOVE Moving Average “Long” on “Minimum distance between MA’s to determine the trend” – upward trend
Moving Average “Short” is BELOW Moving Average “Long” on “Minimum distance between MA’s to determine the trend” – downward trend
Inputs
Start Lots – initial lot
Base (Lot=Start Lots * MathPow(Base,Number of open positions)) – basis for exponentiation, used to calculate position volume
Shutdown Grid – forced closing of all positions and EA operation stop
Tunnel width (in pips)
Total Profit Target (in pips)
Minimal Profit Target (in pips)
MA Short: averaging period
MA Long: averaging period
Minimum distance between MA’s to determine the trend (in pips) – minimum distance between indicators for defining a trend
