Explain MultiplyBy
Explain MultiplyBy
things you need to know first before using "MultiplyBy"
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1.Trade Mode must be Averaging
Because you will open more than 1 order, Trade_Mode must be Averaging
2.Understand the Multiply, Add_Lot, and LotChangeAt functions
- if Multiply it will multiply the previous Lot (Minimum value 1.5),
- If Add_Lot it will add the previous Lot (Minimum value 0.01),
- and LotChangeAt is the value that determines in the Order what lot value will be changed.
Example :
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In the next example we will use the following settings, for the next 3 orders the Lot will be multiplied by 1 and added by 0.01
1.Last Same Signal
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You can see that in this mode EA will only calculate and add up the same orders... An example can be seen in the image above
- The first 3 buy orders, namely at Time 00:00, 01:00, 01:45, have a Lot of 0.01, and in the fourth order, namely at Time 02:15, the Lot in the Buy order changes to 0.02.
- The first 3 Sell orders, namely at 00:15, 00:30, 00:45, have a Lot of 0.01, and in the Fourth Order, namely at 01:15, the Lot of the Sell order changes to 0.o2.
2.Last Opposite Signal
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In this mode EA requires a change in the Order type to be able to change the Lot, where the Lot Change is calculated from the Sell Order at 00:45, and will change the next 3 orders and so on... indeed if "LotChangeAt" is filled with a number other than 1 it is a bit confusing but what If we replace it with the value 1 it might be a little more understandable like the following picture:
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3.Last Signal
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In this mode EA will always change the Lot on the 3rd order no matter if the Order type is the same or different
3.Averaging One Order Type
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In this mode EA will change every 3 orders but will not open a different type of order until it closes all previous orders.
4.Averaging Opposite Order Type
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In this mode EA will not open an Order of the same Type before an Order of a different Type appears, and will change the Lot every 3 orders.
There's Two Condition if u Use this Parameter
1. Trade Mode == Averaging , Multiply By == Averaging Opposite Order Type, dan Close if_There_is_Oppsite_Signal == Close All
in this Condition When All Order Is Cleary EA will Direcly Open Order when receiving a signal no matter if the previous signal Type is different or same
2. Trade Mode == Averaging , Multiply By == Averaging Opposite Order Type, dan Close if_There_is_Oppsite_Signal == Close And Reverse
in this Condition When All Order Is Cleary, EA will check the signal, if the new signal is different from the previous one, then EA will open a new order.
Maybe that's enough from me, if there is an error, please chat Dev EA directly in the ReadBot group
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