[_____ GENERAL PARAMETERS _____]
Session Standing
“Session_On”: Subsequent session begins mechanically
“Session_Once”: Subsequent session begins mechanically, however after the session was closed, no extra classes opened mechanically till set to “SESS.ON” by the Panel’s button.
“Session_Off”: Opening of classes disabled.
Play Sound on Revenue Closing
Performs the sound much like “ta-ta!”, if the session turned closed.
Play Sound whereas Revenue Trailing
Performs the sound much like “tick-tick”, throughout Revenue Trailing exercise
Magic Quantity
Using an distinctive Magic Quantity ensures that different consultants’ trades or manually opened trades can’t be influenced. However, care should be taken to make sure that different consultants usually are not configured with the identical Magic Quantity. If the worth ‘0’ is ready to the Magic Quantity, manually opened trades will likely be included!
Order Remark
Fills the Remark subject of trades with the right here preset textual content.
[_____ MONEY MANAGEMENT _____]
Acc. Threat Mode
If Cash Administration is used, presets the kind of how the accessible account quantity turns into utilized. The most secure setting is ‘Margin’. Nonetheless, ‘Margin’ won’t be at all times appropriate on Leverage 1:30 accounts which can be typically used within the EU international locations due to their authorized restrictions.
Acc. Free Quantity (%) for use (All = 100%)
Limits the utmost quantity of complete steadiness for use by this EA.
Acc. Quantity ($)/0.01 Lot for Orders (0=‘Lotsize Min.’ is used)
Set the worth based on your threat tolerance.
Acc. Fairness min. accessible per 0.01 Lot
If account fairness turns into decrease that the set worth attributable to margin requirement of the open orders, the Professional reduces the Lotsize to 0.01 for additional orders till the fairness elevated once more due to closed or extra worthwhile orders.
Lotsize Min. (Used if ‘Acc. Quantity($)/0.01 Lot for Orders’ = 0)
Used if ‘Acc. Quantity ($)/0.01 Lot…’ set to zero. Is also used for buying and selling withfixed lotsize.
LotSize Max.
Higher restrict for Lotsize utilized by the Professional.
Unfold Max.
Most of allowed unfold to open or to function trades. If exceeded, pending orders grow to be closed and market positions are stopping attainable energetic trailing revenue operations for the time of huge unfold.
[_____ TRADING PARAMETERS _____]
Max. Orders to be opened
Restrict for orders to grow to be opened throughout one session.
Allow Orders Lengthy
If set to ‘false’, no lengthy orders will grow to be opened.
Allow Orders Brief
If set to ‘false’, no quick orders will grow to be opened.
[_____ PROFIT/STOPLOSS PARAMETERS _____]
StopLoss (0=disabled)
Preset mounted Stoploss in Factors.
TakeProfit Mounted (0=disabled)
Preset mounted Takeprofit in Factors. Normally set to a worth that not often would grow to be triggered as digital Takeprofit trailing triggers earlier.
[_____ Trailing P/L Section _____]
Revenue Path Mode
Units the type of Trailing Revenue mode.
‘Exponential’: Like ‘Percentual’ however at greater velocity.
‘Percentual’: Follows the worth with lowering distinction between the present worth and the digital Stoploss.
‘Fixed’: Follows the worth within the given distance.
‘Disabled’: Revenue taking is disabled and needs to be managed by handbook closing or third get together instruments like free “Acquire Collector MT5”
Revenue Path Activation by ATR
Allows revenue trailing activation by ATR degree as an alternative of utilizing the preset ‘Revenue Path Activation’ (ref. under) if the present ATR degree exceeds that degree.
Revenue Path Activation
Mounted degree the place the revenue trailing begins if “Revenue Path Activation by ATR” is disabled.
Revenue Path (%) saved at ‘Revenue Path Activation’
Beginning proportion of revenue that’s saved at trailing begin.
Revenue Path to Value min. Distance
The minimal distance the trailing worth can close to the market worth.
Revenue Path Step
The step in Level(s) to trace the digital Revenue Trailing.
[_____ GRID ADD PARAMETERS _____]
Grid Order Add Distance Lengthy
Min. distance between a beforehand positioned Purchase order.
Grid Order Add Distance Brief
Min. distance between a beforehand positioned Purchase order.
Grid Orders Opening Distance
If a brand new order is to be positioned, it turns into positioned as a pending Stoporder in that factors distance.
Grid Order massive Hole Opening Distance
If the hole between the final orders is bigger than these factors, a pending Stoporder turns into positioned even when the primary indicator-based sample was not confirmed. Listed here are solely the settings of RSI grow to be thought-about.
[_____ DRAWDOWN PROTECTION _____]
DD Safety Activation
Allow/Disable Drawdown safety. Consumer can set a Drawdown $-amount restrict the place the EA freezes the present Drawdown by inserting Hedge-orders based on the full quantity of open orders.
DD Safety $ Loss Activation Begin (0 = Disabled)
Units the restrict in $ for DD Protectio.
DD Safety Hedge Orders Distance
Units the gap of the primary hedging order from the most recent to be hedged order.
DD Safety 0.01 Lot x Break up
Units the rely of hedge orders to grow to be positioned.
DD Safety Min. Splitting Begin Quantity
Units the minimal quantity dimension for use for splitting hedging orders. Instance: 11 common orders a 0.01 Lot ought to grow to be hedged by 3 orders solely => 2×0.05 plus 1 x 0.01 Lot. Subsequently “DD Safety Min. Splitting Begin Quantity” needs to be set to 0.05. The EA calculates the remaining to make the hedge full. ATTANTION! This doesn’t hedge attainable swaps! If the adverse swap on one of many instructions is way greater than the swap of the opposite instructions and person leaves the hedging working, over the time the Drawdown will increase additional. Nonetheless, it will increase barely. Higher to shut the aspect that moved into revenue territory and the market reached a resistance/help degree that signifies a pattern reversal.
[_____ TRADING TIME SETTINGS _____]
MO Begin Hour (0 = disabled)
MO Begin Min. (0 = disabled)
TU-TH Begin Hour (0 = disabled)
TU-TH Begin Min. (0 = disabled)
TU-TH Cease Hour (0 = disabled)
TU-TH Cease Min. (0 = disabled)
FR Cease Hour (0 = disabled)
FR Cease Min. (0 = disabled)
December Cease Day (0 = disabled)
In December the costs may grow to be an increasing number of erratic because the buying and selling actions are fading for the top of 12 months shut. This causes poor liquidity out there.
January Begin Day (0 = disabled)
At first of January, many merchants are nonetheless on holidays that outcomes the identical like in December. Subsequently, it’s higher to begin buying and selling after the twond week of January.
[_____ INDICATORS _____]
This part of the settings is aimed toward skilled merchants. The indicator settings and their results may be present in related public publications. For detailed questions, please ship me a PM.
[_____ MISCELLANEOUS _____]
Show Panel in visible Tester Mode
If enabled, the Onscreen Panel turns into displayed in visible tester mode with all its performance. As this selection is kind of time-consuming, it’s by default set to off.
