LCF Theta Vector Trend Grid Forex EA | Mql5 Market Price: 342.16 USD
Strategy Introduction: https://www.mql5.com/zh/market/product/27074
Live Signal Source: https://www.mql5.com/zh/signals/470899
[The signal account is in a drawdown, but EURUSD/XAGUSD has a high winning rate.]
Forex EA Name: LCF Theta Vector Trend Grid Forex EA. This EA performs well in backtests on the 1-hour chart and is designed to work with a 20-pip spread (STP and ECN accounts should both be compatible). The author recommends running it on the 1-hour timeframe in the EA's description. The EA places individual trades with a stop loss for each, with a stop loss of approximately 2300 pips. In the event of a loss, it increases the lot size, and if the overall position becomes profitable, it closes all positions simultaneously.
EA Strategy Tradable Currency Pairs: USDJPY, EURUSD, XAUUSD, XAGUSD.
Trading Timeframe: H1 (1-hour chart).
Top Recommendations by CloudFox: EURUSD, XAGUSD.
Recommended Capital: 1000 USD base capital for one currency pair with 0.01 lots.
Operational Mode: EURUSD/XAGUSD, H1 (1-hour chart).
Stop Loss?– if?true, use classic stop loss (required to enable additional stoploss mechanics).
Stop Loss points?– initial stop loss value in points* (Stop Loss Dependencies).
Auto LOT calculation?– if true, use AUTO_LOT module.
Auto LOT risk %?– maximum risk per trade in percentage of current account balance (recommended range: 1-3).
Fixed LOT?– fixed LOT value (if AUTO_LOT=false).
Max LVL?– max number of subsequent orders (separately for buy and sell, recommended range: 5-15).
Buy order MAGIC?– unique number for buy orders.
Sell order MAGIC?– unique number for sell orders.
Symbol (pair) category?- set “Supported” if it will be used on supported pairs, otherwise set “Unsupported”.
ISF key?- key for IS filter used in optimization process (necessary for supported pairs).
Order Slippage?– standard slippage value for order requests in points*.
VOC system:
if?true, in state (R/0) EA will not open additional orders.
if?false, in state (R/0) EA will use last known good result to open next orders.
FLC system?- floating level control (requiers Stop Loss=true)
FLC.LVL?- last known LVL value (returned be EA in deinitialization process, otherwise same as Max LVL value)
FLC.F1?- FLC factor 1 value (double above 1)
FLC.F2?- FLC factor 2 value (double above 2)
Stop Loss Breakeven?– if?true, use standard break-even mechanic (according to SL_POINTS value).
Trailing Stop Loss?– if?true, use standard trailing stop loss mechanic (accoirding to TSL_POINTS value).
Trailing Stop Loss points?– trailing stop loss value in points*.
DTSL module?– if?true, use DTSL mechanics (according to DTSL_POINTS value).
DTSL points?– DTSL take profit value in points*.
Margin / Account currency ratio?– exchange rate between “margin_currency” from symbol specification and account currency (should be obtained automatically).
Order comment?- comment for orders.
Check Symbol Balance?– if true, enables summary profit or loss on this symbol in information panel (default false)
Interface Y-axis shift?- shift of interface on Y axis