The expert places limit orders above key price levels trying to buy lower and sell higher than the key price levels and when the total sum of buy
orders , in currency or the total sum of sell orders reaches the profit factor or the maximum loss factor allowed the EA closes all
opened orders. The LotMultiplier parameter multiplies lot size in acordance with floating loss and it influences also the Profit Factor
parameter and Max Loss Factor parameter . If you don’t want to use the “Lot Multiplier” set the parameter “Use_Lot_Multiplier” to false .
Alternative set file can be found in post
#9 in the “Comments” section .
Pairs : EUR/USD ;
Timeframe : H1.
Parameters :
LotSize ;
SellOffSet , BuyOffSet – set in points , above high level or below low level ;
Profit Factor and Max Loss Factor – calculated in USD ;
Level – Number of candles the EA looks back to get the high and the low ;
Magic – ID of the EA .