Person Information: NODE Neural EA for MT5
Welcome to NODE Neural EA for MT5!
You could have acquired a buying and selling device designed with a main deal with robustness and systematic threat administration. Earlier than configuring the parameters, it’s important that you simply perceive the philosophy that makes NODE a dependable and predictable device.
Part 1: Philosophy and Common Operation
1.1 The NODE Strategy: Administration Over Prediction
Many EAs attempt to predict the market’s subsequent transfer with advanced sign methods. Whereas this may be efficient, it will also be fragile when market situations change unexpectedly.
NODE Neural EA for MT5 takes a unique, extra pragmatic strategy. Its energy doesn’t lie in advanced prediction, however in exceptionally strong and defensive commerce administration as soon as a cycle has been initiated.
1.2 The Two-Part System: “The Scout” and “The Danger Engineer”
To know NODE merely, you’ll be able to think about it as a crew of two specialists with clearly outlined roles:
- Part 1: The Entry (“The Scout”)
- Who it’s: A easy and clear sign system based mostly on a Shifting Common.
- What it does: Its sole job is to discover a logical place to begin for a commerce based mostly on a primary directional market bias. It doesn’t attempt to guess the longer term with pinpoint accuracy. Its purpose is just to say, “It seems to be like there’s an preliminary momentum on this route, let’s get began.”
- Its End result: A single resolution: INITIATE A BUY CYCLE or INITIATE A SELL CYCLE.
- Part 2: Grid Administration (“The Danger Engineer”)
- Who it’s: The true core of NODE. A scientific and extremely defensive grid administration logic.
- What it does: As soon as “The Scout” has initiated a commerce, “The Danger Engineer” takes full management. Its job is to not speculate, however to handle the open commerce cycle methodically, based mostly completely in your parameters. Its obligations are:
- So as to add trades to the grid if the worth strikes towards the place, utilizing a hard and fast or adaptive (ATR) distance.
- To calculate the lot dimension for subsequent trades in line with a secure (Arithmetic) or extra aggressive (Martingale) technique.
- To watch the unified Take Revenue to shut your entire commerce cycle for a revenue.
- To activate safety filters (Volatility and Unfold) to pause the addition of recent trades if market situations turn into harmful.
- To use financial security nets (Margin Examine and Drawdown Cease Loss) to actively defend the account.
This separation is the important thing to its reliability: a easy entry to start out the method, mixed with a professional-level administration system targeted on survival and threat management.
1.3 What This Means for You as a Dealer
- Whole Management Over Danger: You outline precisely how aggressive or conservative the grid can be, when it ought to cease, and what the utmost acceptable loss degree is.
- Predictable Conduct: The grid administration is 100% systematic. When you perceive the parameters, you’ll be able to predict precisely what the EA will do in any state of affairs.
- Security First: NODE is designed to defend your capital. With its filters and financial security nets, its precedence is to keep away from the catastrophic situation of a “Cease Out.”
Now that you simply perceive the philosophy of NODE, the subsequent part will information you thru every of the “Danger Engineer’s” controls.
Part 2: Detailed Parameter Information (Inputs)
Welcome to the NODE Neural EA for MT5 management panel. Under, we’ll break down every parameter so you’ll be able to regulate the EA to your buying and selling type and threat profile.
Group 1: EA Identification
Defines the distinctive id of the EA to keep away from conflicts with different methods in your account.
enter int MagicNumber = 7834;
- Description: The “Magic Quantity” is the distinctive ID that NODE assigns to every of its trades. It’s essential for the EA to know which trades are its personal and never intrude with yours or these of different EAs.
- Sensible Tip: For those who use NODE on a number of charts (e.g., EURUSD and GBPUSD), assign a unique Magic Quantity to every occasion so that they function independently.
enter string EA_Comment = “NODE v3.05”;
- Description: A textual content remark connected to every commerce that you will notice in your historical past. It’s purely for informational functions to establish which EA opened every place.
Group 2: Lot & Grid Technique
Right here you outline the cash administration technique: the preliminary lot dimension and the way it will develop if the grid is activated.
enter ENUM_LOT_STRATEGY LotStrategy = MARTINGALE;
- Description: Defines the formulation for calculating the scale of subsequent trades within the grid.
- MARTINGALE: The basic and extra aggressive technique. It multiplies the earlier lot by an element, which may pace up restoration but additionally will increase threat exponentially.
- ARITHMETIC_PROGRESSION: A a lot safer various. In every new step of the grid, it merely provides the preliminary lot to the earlier lot. The chance progress is linear, not exponential.
enter double Initial_Lot = 0.01;
- Description: The lot dimension that can be used for the primary commerce of every cycle. The EA robotically normalizes this worth to conform along with your dealer’s guidelines.
enter double Martingale_Multiplier = 1.4;
- Description: The multiplier used when you select the MARTINGALE technique. A price of 1.4 implies that every new commerce can be 40% bigger than the earlier one.
- Sensible Tip: It is a high-risk parameter. Values between 1.2 and 1.6 are frequent. Values above 2.0 are extraordinarily aggressive and must be used with utmost warning.
- Interrelation: This parameter is ignored if `LotStrategy` is about to `ARITHMETIC_PROGRESSION`.
enter int Max_Grid_Trades = 10;
- Description: A elementary security restrict. It defines the utmost variety of trades that NODE will enable to be open in the identical cycle (e.g., 10 buys). As soon as this restrict is reached, no extra trades can be added to that grid, no matter what the worth does.
Group 3: Grid Step Configuration
Defines the gap (the “step”) between the trades within the grid.
enter ENUM_STEP_TYPE StepType = ATR_BASED;
- Description: Defines how the gap for the subsequent grid degree is calculated.
- FIXED_PIPS: The gap will all the time be a hard and fast variety of pips that you simply outline. It’s static and predictable.
- ATR_BASED: The gap is dynamic and adapts to volatility. It’s calculated as a a number of of the ATR (Common True Vary). The grid could have wider steps in unstable markets and narrower steps in calm markets.
- Sensible Tip: `ATR_BASED` is the advisable possibility for the EA to robotically adapt to altering market situations, which is likely one of the strengths of its design.
enter double Fixed_Step_In_Pips = 110.0;
- Description: If `StepType` is `FIXED_PIPS`, that is the gap in pips that can be used between every commerce within the grid.
- Sensible Tip: A low worth (e.g., 30 pips) creates a dense and aggressive grid. A excessive worth (e.g., 150 pips) creates a extra conservative and spaced-out grid.
enter int Step_ATR_Period = 20; / enter double Step_ATR_Multiplier = 2.75; / enter ENUM_TIMEFRAMES Step_ATR_Timeframe = PERIOD_H4;
- Description: These parameters configure the Step calculation when you use `ATR_BASED` mode. They outline the timeframe, interval, and multiplier for the ATR indicator.
- Instance: If the ATR on H4 with a interval of 20 is 80 pips, and the multiplier is 1.5, the Step for the subsequent commerce can be 80 * 1.5 = 120 pips.
Group 4: Revenue Settings
Controls the revenue goal for the EA.
enter double Take_Profit_In_Pips = 150.0;
- Description: Defines the general revenue goal for your entire commerce cycle, measured in pips. Vital: This goal is calculated from the breakeven value of all trades within the grid, not from the worth of the primary commerce.
Group 5: Danger Administration & Security
That is probably the most essential part for shielding your account. The protection nets are configured right here.
enter double MaxSpread_In_Pips = 10.0; / enter int MaxSlippage_In_Pips = 5;
- Description: Customary safety filters. `MaxSpread` prevents opening trades if the dealer’s unfold is simply too excessive. `MaxSlippage` protects you out of your order being executed at a a lot worse value than anticipated in very quick markets.
enter double Min_Free_Margin_Buffer = 1000;
- Description: The “Handbrake”. It is a financial security buffer (in your account foreign money). NODE will solely try and open a brand new commerce if, after calculating the margin that commerce would require, the remaining Free Margin in your account remains to be above this worth.
- Sensible Tip: That is your first line of protection towards “Cease Outs”. It prevents the EA from making an attempt to commerce when the account is already underneath strain, avoiding “not sufficient cash” errors.
enter double Max_Grid_Drawdown_Percent = 20.0;
- Description: The “Airbag” or the final word security web. If the drawdown (floating loss) of a grid cycle reaches this share of your account stability, the EA will execute an emergency closure of all trades in that cycle, taking a managed loss to guard the remaining capital. A price of 0 disables this characteristic.
- Instance: On a €10,000 account, a price of 20.0 implies that if the floating drawdown of the purchase grid reaches -€2,000, the EA will shut all purchase positions instantly.
Group 6: Volatility Filter (Skilled Function)
Permits the EA to be cautious and pause robotically in anomalous market situations.
enter bool Enable_Volatility_Filter = true;
- Description: Prompts (`true`) or deactivates (`false`) the filter.
enter … V_Filter_…
- Description: These parameters configure the volatility detector. The filter measures “present” volatility (utilizing a short-period ATR) and compares it to “regular” volatility (utilizing a long-period ATR). If the present volatility exceeds the traditional by a threshold (`V_Filter_Threshold`), the market is taken into account “harmful,” and the EA will cease opening new trades till issues relax.
- Analogy: It is like a “storm detector.” If it senses a volatility storm is coming, it tells the EA to remain within the shelter and never open new positions till the hazard has handed.
Group 7: Show Settings
Configures the data displayed on the chart.
enter bool ShowInfo = true;
- Description: The grasp change for the Skilled Dashboard. If set to `false`, the EA will run in “stealth mode” with out displaying any data on the chart. Vital: The panel is optimized to solely show throughout stay buying and selling or in visible backtesting, making certain most pace throughout optimizations.
Conclusion: Your Journey with NODE Neural EA for MT5
Congratulations! You could have accomplished the information to all of NODE’s parameters. You now perceive not solely what every setting does, but additionally the philosophy of security and systematic administration that drives it.
NODE just isn’t a device for predicting the market, however a platform for robustly managing threat as soon as a commerce is underway. Its energy lies in your potential to outline its defensive guidelines and regulate them to your threat profile.
We encourage you to experiment with totally different threat configurations, particularly within the Technique Tester, to search out the stability that most closely fits your targets. All the time bear in mind to check any new settings extensively on a demo account earlier than making use of them to actual capital.
We want you the most effective of success in your buying and selling.
