How EA Works: EA As 2 trading Modes

1. With Price Channel V1.3 Indicator Activation ( if the Indicator shows UpTrend EA Open Buy trades ) by Selecting True or False.
   
   
   

2. Without Assisting Indicator: By Selecting Trade type -  

1. Buy only: Only open Buy trade.

2. Sell Only: Only Open Sell trade. 

When the price goes below entry or going lose within a given Pip distance EA opens a new trade Based on the Martingale formula.

Martingale Settings:

• Adding Lot size: Adds Next lot with the given value each time opening.
  ( Example: Prev Lot size [ 0.01 ] + Adding [ 0.01 ] = Next Lot [ 0.02, 0.03, 0.04 ]  )

• Multiplied Lot Size: Multiplied with given value.
  ( Example: Prev Lot size [ 0.01 ] + Multiplied [ 3 ] = Next Lot [ 0.03, 0.09, 0.27 ]  )
  
  

• Value with 0 will disable the function.
  
  
  

Order Entry Settings:

• Max Trades Open: Max Order can open for a cycle.

• Grid Gap: Gap Between Order to Next Order.

• Stoploss: Stoploss in points.

• Average + Points: Average Value + Points to book profits.

• Take profit: Take profit for 1st open trade.

Magic Number:

• Order Magic number:  EA ( identification ) Magic number for attached chart, for multiple chart use need to change Magic number for each chat.
  
  

Function error: with the same Magic number in 2 different charts EA does not work properly & close orders.

Trade Assistance Buttons:

• Running: Enable EA to open New Cycles.

• Paused: Disable EA to open New Cycles, But can operate running Cycle.

• Close All: Close all open trades.

• Close Buy: Close all open Buy trades.

• Close Sell: Close all open Sell trades.

•   1702967263Simple average EA.ex4
•   Simple Average EA Master File