"Trade Like a Pro – Let the Angry Duck EA Quack Its Way to Profits!" 🦆📈

🔹 Expert Advisor Overview

Name: Angry Duck EA.mq4

Developer: R.KH 1001

Source: RoboMQL

This Expert Advisor (EA) is a grid/martingale-style trading system that uses pending orders to capitalize on market movements. It strategically places buy and sell orders at fixed intervals (INCREMENT) to average into positions while managing risk through dynamic lot sizing and profit targets.

📌 Key Features & Strategy

1. Grid Trading Approach

Places multiple pending orders (BUYSTOP & SELLSTOP) at fixed intervals (INCREMENT pips) around the initial price.

Each level increases position size (LOTS), allowing for cost averaging in trending markets.

Profit targets are set based on overall performance rather than individual trades.

2. Risk & Money Management

Money Management (MONEY_MANAGEMENT) – Adjusts lot size based on account balance (RISK_RATIO).

Max Loss Control (LEVELS) – Limits the number of grid levels to prevent excessive drawdown.

Partial Profit Taking (UsePartialProfitTarget) – Closes portions of trades at predefined pip intervals (Target_Increment).

3. Trade Execution Rules

Entry Time Control (UseEntryTime) – Restricts trading to a specific hour (EntryTime).

Auto-Shutdown (EndSession) – Closes all positions if a certain profit (ProfitTarget) is reached or if a trade hits its final level.

4. Adaptive Order Placement

Adjusts pending orders based on current market position and profit/loss status.

Automatically deletes pending orders if the session ends (prevents unwanted entries).

⚙️ Input Parameters

ParameterDescription

INCREMENTDistance (in pips) between pending orders

LOTSBase lot size (or calculated via money management)

LEVELSMaximum number of grid levels

MAX_LOTSMaximum allowed lot size per trade

MAGICUnique EA identifier

CONTINUEWhether to restart trading after a session ends

MONEY_MANAGEMENTEnable dynamic lot sizing based on balance

RISK_RATIORisk percentage used in money management

UseEntryTimeRestrict trading to a specific hour

EntryTimeHour (0-23) when trading is allowed

UseProfitTargetEnable profit-based session closure

UsePartialProfitTargetTake partial profits at intervals

Target_IncrementPip interval for partial profit-taking

First_TargetInitial profit target (pips)

📊 How It Works

Initial Setup:

Places BUYSTOP and SELLSTOP orders at INCREMENT intervals around the starting price.

Each level increases position size (LOTS * level).

Trade Management:

If the market moves favorably, profits are locked in.

If the market moves against the initial position, new pending orders are triggered to average down.

Exit Conditions:

Closes all trades if total profit reaches ProfitTarget.

Stops trading if EndSession() is triggered (prevents overexposure).

🚀 Final Words

"Stay disciplined, trade smart, and let the Angry Duck EA handle the chaos!"

Developer: R.KH 1001

Official Website: RoboMQL

⚠ Note: This EA uses high-risk strategies (grid/martingale). Always test in a demo account before live