Parameter List

Settings

• Lots: The base volume size for the first order of the grid (in standard lots).
• FirstOrder: The distance in pips from the starting price required to trigger the first order (it reverses the direction: buys on a drop, sells on a rise).
• NextOrders: The distance in pips between subsequent orders in the grid.
• Lot Multiplier: The multiplier used to increase the lot size for each new order in the grid
• Max Orders: The maximum number of simultaneous orders allowed in the grid.

Risk

• TakeProfit: The target net profit in your account currency (e.g., EUR). When the sum of all orders hits this value, the grid closes.
• StopLoss: The maximum acceptable net loss. If the total grid performance drops to this negative value, the bot closes all positions to protect your capital.

Entry

• MaxPriceToBuy: The maximum price threshold below which the bot is authorized to open "Buy" positions.
• MaxPriceToSell: The minimum price threshold above which the bot is authorized to open "Sell" positions.

Identity

• Magic ID: A unique code to identify orders managed by this specific bot instance.
• Label: A text tag assigned to positions in the cTrader terminal for easy visual identification.