Equity Stops and Risk Controls for a Grid or Single-Trade EA

Summary

The document describes settings for an automated trading system that can operate as a hedging grid or place a single trade. It lists controls for closing a basket at a profit or loss threshold, monetary take-profit and trailing stops, maximum trade count, and an equity-based stop. Other settings govern lot size, how position size may increase after losses, moving-average periods, and stop-loss and take-profit distances. Single-trade options include trailing stops, candle-based exits, and break-even adjustments.

These are configuration notes rather than a tested strategy specification. The document supplies suggested input ranges and says to try the system on a demo account, but provides no entry logic in sufficient detail, market assumptions, backtest, or performance evidence. Grid exposure and increasing lot size after losses can affect drawdowns; the listed equity and basket limits describe intended controls, not proof that losses will remain within those thresholds.

Key ideas

• The EA is presented for either hedging-grid operation or single trades.
• Equity stops and basket profit or loss thresholds are configurable risk controls.
• Position sizing can include increasing lots after losses, and a setting can disable that behavior.
• Trailing stops, monetary exits, candle-based stops, and break-even adjustments are available options.
• The document lists parameters but provides no backtest or evidence that the controls cap losses as intended.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.