Explain MultiplyBy
things you need to know first before using "MultiplyBy"
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 :
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
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 Same Signal
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:
3.Last Signal
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
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
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.
Maybe that's enough from me, if there is an error, please chat Dev EA directly in the ReadBot group