Crocodile EA is an expert advisor that uses the Trend Following Strategy , It opens a buy or sell order and try to get a certain profit in account currency using Grid Trading , It opens a group of orders in the same trend direction at different levels. If it doesn't succeed to get the profit due to the reversal of the trend, the expert starts to create a new grid of orders at different levels in the opposite trend, and so on. It's recommended to use it at EURUSD M5 .
Settings:
- Expert Name: Crocodile EA.
- Magic Number: Magic number of trades.
- Max Orders: Maximum number of opening orders.
- Order Comment: Crocodile EA.
- Start Lot Size: Initial lot size.
- Auto Lot Size: Use auto lot size depending on free margin.
- Free margin for each 0.01 lot size: Free margin amount for auto lot size.
- Add lots: Add lots for each order.
- Multiple lots: Multiple lots for each order.
- None: Fixed lot for each order.
- Max lot size: Maximum lot size to open a trade.
- Distance for each order: Min distance to open order.
- Distance for trend reverse: Min distance to reverse direction.
- Max Spread: Maximum allowed spread to trade in points.
- Take profit in account currency: Take profit in currency from all orders.
- Allow stop loss in account currency: Allow currency stop loss.
- Stop loss in account currency: Stop loss in currency from all orders.
