Settings Overview

• Section 1: General Settings

Time Filter

Restricts trading to specific times. Useful for avoiding certain market conditions.

Example: Set to “true” to enable, and specify trading hours, like Trade only during the London and New York sessions, or tarde only from “08:00” to “17:00”.

-Trading Start Time: String format “08:00”

-Trading End Time: String format “17:00”

Order Comment

Adds a custom comment to each order for easy tracking.

Example: “MA Cross Strategy”.

-Comment: “string format MA Cross Strategy”

Slippage and Spread Filter

Guards against excessive slippage and spread conditions.

Example: Slippage set to 3 pips, Spread Filter set to 2 pips.

• Max Slippage: 3
• Max Spread: 2

• Section 2: Trades Settings

Fixed Lot

Specifies a fixed trading lot size.

Example: Set to 0.1 for a fixed lot of 0.1.

• Lot Size: 0.1

Lot by Risk %

Calculates lot size based on a percentage of the account balance.

Example: Set to 1.5 for a risk of 1.5% per trade.

• Risk: 1.5

Take Profit & Stop Loss Based On Pips

Sets fixed take profit and stop loss levels.

Example: Take Profit at 50 pips, Stop Loss at 30 pips.

-Stop Loss Pip: 40

-Take Profit Pip: 80

Take Profit & Stop Loss with ATR:

Dynamically adjusts take profit and stop loss based on Average True Range (ATR).

Example: Take Profit at 1.5 times ATR, Stop Loss at 1 times ATR.

• Stop Loss ATRm: 1
• Take Profit ATRm: 2

Break-Even with PIP:

Activates break-even after a specified profit in pips.

the break-even is to set the SL at the order open price so when the price goes back you get the order closed with ni no loss and no profit.

Example: Break-Even at 30 pips profit.

• Break Even Pip: 30

Break-Even with ATR:

Activates break-even after a specified profit in ATR.

Example: Break-Even at 1.2 times ATR.

• Break Even ATR: 1

Trailing-Stop with PIP

The trailing stop pips feature incorporates three essential parameters: trailing start, trailing stop, and trailing step.

Suppose we set the trailing start at 50 pips, trailing stop at 30 pips, and trailing step at 10 pips as an example.

When a buy trade accumulates a profit of 50 pips (trailing start), the trailing stop mechanism initiates.

Initially, the stop loss (SL) is placed at 30 pips from the current market price (trailing stop).

This effectively sets the SL 20 pips above the buy order open price.

As the trade continues to gain profit, the trailing step of 10 pips dictates that the trailing stop will be adjusted every 10-pip increment in profit.

For instance, if the trade reaches a 60-pip profit, the SL will be dynamically adjusted to 30 pips profit, maintaining a trailing distance of 20 pips.

This process continues, ensuring that the trailing stop adapts to the market conditions, providing a mechanism to secure profits while allowing for potential further gains.

• Trailing Start Pip: 50
• Trailing Stop Pip: 30
• Trailing Step Pip: 10

Trailing-Stop with PIP

Triggers a trailing stop based on ATR.

same as trailing with pip but instead of using fixing distance we use a mobile one based on the ATR multiplier.

• Trailing Start ATR: 3
• Trailing Stop ATR: 2
• Trailing Step ATR: 0.5

Trailing-Stop based on candles

Utilizes candles to set a trailing stop.

Example: the stop loss will follow the high/low of candles following the price direction till the SL

Trailing-Stop with MA

Trailing stop follows a moving average.

Example: Trailing-Stop with MA, period set to 10.

• MA Settings

Partial Close with PIP

Explanation: Partially closes a trade after reaching a specified profit in pips.

Example: Partial Close at 40 pips, here the EA will close % of the trade size when it’s 40pip on profit

• P.C Pip: 40
• Close Lot% : 50%

Partial Close With ATR

Partially closes a trade after reaching a specified profit in ATR.

Example: Partial Close at 1.8 times ATR.

• Section 3: Strategy Settings

Close on Opposite Signal

Closes the current trade if an opposite signal is generated.

Example: Set to “true” to enable.

• Close On Opposite Signal: true/false

Reverse Strategy

Reverses the trading strategy on opposite signals.

Example: Set to “true” to enable.

• Reverse Stratgey: true/false

Martingale Lot

Increases lot size after a losing trade and restart when hit profit.

Set to 1.5 for a martingale factor of 1.5.

• Lot Multiplier: 1.5

Grid Strategy

Implements a grid trading strategy with additional features.

Example: Set to “true” to enable.

• Lot Multiplier Feature:

Multiplies the lot size for each additional grid trade.

Example: Lot Multiplier set to 1.5 for a 1.5 times increase.

• Lot Adding:

Adds a fixed lot size for each additional grid trade.

Example: Lot Adding set to 0.02 for an additional 0.02 lot size.

• Step Distance Between Trades:

Sets the fixed distance between grid trades.

Example: Step Distance Between Trades at 15 pips.

• Step Distance Multiplier:

Multiplies the distance between grid trades.

Example: Step Distance Multiplier set to 1.2 for a 1.2 times increase.

• Hidden Take Profit/Stop Loss:

Enables hidden take profit and stop loss from the broker for grid trades.

Example: Set to “true” to enable hidden TP/SL.

• Section 4: Other Settings

Trades Colors

Specifies colors for different types of trades for visual identification.

Example: “Buy trades displayed in green, Sell trades in red.”

Signal Arrow

Displays visual arrows on the chart to indicate entry/exit signals.

Example: “Show blue arrows for Buy signals, red for Sell signals.”

Alert & Notifications

Sends alerts or/& notifications when signal comes.

Panel on the Chart

Adds an on-chart panel for quick access to key information.

Example: “Display key parameters on an on-chart panel.”

Display Profit & Loss on the Chart

Shows current profit and loss levels on the chart.

Example: “Enable on-chart display of current P&L.