Summit Of Mountains

Overview

• It only needs a small initial deposit.
• Suitable for multi-currency trading.
• Immunity to the large delay and the size of the spread.

‌‌Monitoring of my accounts: https://www.mql5.com/en/signals/author/mizrael

How it works

• After launching the EA on a chart, the EA remembers the first order's Open level.
• The EA sets a Sell order grid above it.
• A Buy order grid is set below it.
• If the total profit of Buy and Sell orders exceeds the value of the Profit parameter, the EA closes the order data.
• Further on, after complicated logical calculations, the EA can close the order with the most negative profit.
• The EA repeats its work.

Recommendations

• I recommend using multicurrency trading by launching the EA on required currency pairs, while setting a new Magic value for each pair.
• I do not recommend using the EA for trading and testing it in the tester simultaneously.

Parameters

• Profit - total profit value of orders for the given currency pair for Buy and Sell, upon which the orders are closed.
• Loss - loss, at which a trade may be closed.
• Step - minimum distance between orders with the same magic numbers on the give currency pair.
• Lot - order volume.
• Martingale - lot multiplier.
• Magic - order magic number.

Recommended settings values

• Profit = 10.
• Loss = -10.
• Step = 0.001 for four- and five-digit pairs. Note! Step = 0.1 for two and three-digit pairs or the ones having JPY.
• Lot = 0.01.
• Martingale = 1.
• Magic = 1.