This is a lot-pumping EA that uses a "Single Candle Strategy," which analyzes the characteristics of only the preceding candlestick to determine the trade entry moment.
The principle is that the EA enters a reversal trade when it finds a candlestick with an "unusually long wick" (e.g., a long lower wick triggers a Buy, a long upper wick triggers a Sell) to capture the signal of price rejection. Conversely, the EA enters a momentum trade when it finds a candlestick with a "solid body" or a very short wick (e.g., a strong bullish bar triggers a continuation Buy, a strong bearish bar triggers a continuation Sell).
If the price moves unfavorably, the EA enters a Grid trade recovery mode using the "Lot Plus" system, which incrementally adds to the Lot Size of subsequent trades. Finally, the EA "closes all orders together" when the total net profit reaches the predefined target.