Core Concepts
This EA employs strategies common in HFT approaches suitable for certain prop firm environments:
Speed: Aims to open and close trades very quickly.
Pending Orders: Primarily uses Buy Stop and Sell Stop orders placed a small distance from the current market price.
Small Targets/Stops: Works with tight Stop Loss and Trailing Stop values (measured in points).
Order Management: Includes logic to cancel pending orders if the market moves away quickly before entry and to trail the stop loss once an order is filled.
Sensitivity: Performance is highly sensitive to broker execution speed, spread, slippage, and latency.
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