Free Vino EA
Table of Contents
This EA is a free version of Vino EA. Unlike the full version, the parameters cannot be changed and the lot size is set to 0.01.
Vino Free EA – Description
Vino EA is a grid Expert Advisor using mainly customized oscillators to analyze the market prices and volatility in order to identify trend reversals. It uses a grid of orders which increases the lot size only after the stop loss is reached.
It includes an automatic stop loss, which computes the stop loss value based on the volatility of prices.
Free Vino EA – Requirements
- Default parameters has been optimized for EURUSD M15
- Minimum recommended deposit is $1000 for initial lot set to 0.1
Vino Free EA – Inputs
- Initial Lot – initial lot;
- Lot Factor – lot factor for the second and subsequent orders;
- Take Profit – take profit;
- Grid Stop Loss – size of stop loss;
- Auto Trail – true if you want to activate the automatic mechanism of trailing stop. Otherwise, false
- Trail Distance – trailing stop distance (only for non-automatic trailing stop);
- Max Lot – maximum lot for the EA operation;
- Max Spread – maximum spread allowed before a pending order triggers;
- Magic Number – magic number to distinguish the EA's orders.