TRADE ENTRY


EA parameters 01

Price Gap

Determines where the EA enters a new topup trade as the market price moves against the last topup by this number of pips. The topup trades will be gapped from each other by this number of pips, forming a ladder as the market price keeps moving against the initial trade.

Refer to the examples for more details.

  1. Example - Regular Entry

Gap Scaling Start Level

When the market price goes against the direction of the initial trade the Price Gap is scaled up or down. The scaling starts when the price moves against the initial trade by this number of levels and applied to all the subsequent levels.

Refer to the examples for more details.

  1. Example - Scale Price Gap Up by Rate
  2. Example - Scale Price Gap Down by Rate

Gap Scaling Rate

The percent rate of scaling by which the price gap gets bigger or smaller. When the market price goes against the direction of the initial trade the Price Gap is scaled up or down by this rate. The scaling starts when the price moves against the initial trade by the configured price levels and applied to all the subsequent levels.

The scaling is applied based on the value of this Gap Scaling Rate parameter:
Price Gap Scaling RateDescription
Above 100 Scales UP the price gap and it becomes bigger by that rate. For example:
  • 130 scales up to 130% of the previous gap (i.e. up by 30%)
  • 150 scales up to 150% of the previous gap (i.e. up by 50%)
  • 200 scales up to 200% of the previous gap (i.e. up by 100%)
Exactly 100 No change to the price gap size. 100 means keep it the same, at the 100% of the previous level's gap.
Below 100 Scales DOWN the price gap and it becomes smaller by that rate. For example:
  • 80 scales down to 80% of the previous gap (i.e. down by 20%)
  • 50 scales down to 50% of the previous gap (i.e. down by 50%)
  • 30 scales down to 30% of the previous gap (i.e. down by 70%)

Refer to the examples for more details.

  1. Example - Scale Price Gap Up by Rate
  2. Example - Scale Price Gap Down by Rate

Minimum Gap Size

The lower limit or the floor for the price gap scaling, in pips. The price gap scaling may reduce the gap by the rate configured. The EA ensures that the scaled down gap never becomes smaller than this Minimum Gap Size pips.

Refer to the examples for more details.

  1. Example - Scale Price Gap Down by Rate

Lots for Initial Trade Entry

The number of lots which is used to enter the initial trade.

The potential subsequent topup trades may have different lots sizing according to the Topup Lots Multiplier and Topup Lots Change by Lots settings.

The direction of the initial trade is random, i.e. not determined by any indicator or chart pattern but randomly picked as buy or sell.

Refer to the examples for more details.

  1. Example - Same Position Size All the Time
  2. Example - Scale Lots Up by Multiplier
  3. Example - Scale Lots Down by Multiplier
  4. Example - Scale Lots Up by Amount
  5. Example - Scale Lots Down by Amount

Topup Lots Multiplier

The rate of change which is used to scale the lots size for the topup trades at each entry.

During the scaling the EA ensures that the scaled lots sizes stay within the broker required minimum and maximum lots range.

Important: The scaling values add up (compound) across the topup entries.
Topup Lots MultiplierDescription
Above 1.0 Scales UP the lots for the topup trade at the entry. For example:
  • 1.3 scales up to 130% of the previous lots (i.e. up by 30%)
  • 1.5 scales up to 150% of the previous lots (i.e. up by 50%)
  • 2.0 scales up to 200% of the previous lots (i.e. up by 100%)
Exactly 1.0 No change to the lots. 1.0 means keep it the same, at the 100% of the previous level's lots.
Below 1.0 Scales DOWN the lots for the topup trade at the next entry. For example:
  • 0.8 scales down to 80% of the previous lots (i.e. down by 20%)
  • 0.5 scales down to 50% of the previous lots (i.e. down by 50%)
  • 0.3 scales down to 30% of the previous lots (i.e. down by 70%)
Excatly 0.0 This lots multiplier is not used. Instead the Topup Lots Change by Lots is used to scale the lots.

Refer to the examples for more details.

  1. Example - Same Position Size All the Time
  2. Example - Scale Lots Up by Multiplier
  3. Example - Scale Lots Down by Multiplier

Topup Lots Change by Lots

The amount of change which is used to scale the lots size for the topup trades at each entry.

During the scaling the EA ensures that the scaled lots sizes stay within the broker required minimum and maximum lots range.

Important: The scaling values add up (compound) across the topup entries.
Topup Lots Change by LotsDescription
Above 0.00 Scales UP the lots for the topup trade at the entry. For example:
  • 0.01 scales up by adding 0.01 to the previous lots (i.e. up by 0.01 lots)
  • 0.50 scales up by adding 0.05 to the previous lots (i.e. up by 0.05 lots)
  • 0.10 scales up by adding 0.10 to the previous lots (i.e. up by 0.10 lots)
Exactly 0.00 This change by lots is not used. Instead the Topup Lots Multiplier is used to scale the lots.
Below 0.00 Scales DOWN the lots for the topup trade at the next entry. For example:
  • -0.01 scales down by subtracting 0.01 from the previous lots (i.e. down by 0.01 lots)
  • -0.05 scales down by subtracting 0.05 from the previous lots (i.e. down by 0.05 lots)
  • -0.10 scales down by subtracting 0.10 from the previous lots (i.e. down by 0.10 lots)

Refer to the examples for more details.

  1. Example - Same Position Size All the Time
  2. Example - Scale Lots Up by Amount
  3. Example - Scale Lots Down by Amount