Right here is the whole description of the enter settings for the buying and selling robotic “CryptoEdge Scalper”, categorized for ease of understanding and configuration:
Dwell sign: myfxbook.com/members/Sahil_Mukhtar/cryptoedge-scalper/11641365
CryptoEdge Scalper MT5: https://www.mql5.com/en/market/product/145970
Common Settings
- Important Magic Quantity: 12345
A singular identifier for trades opened by this EA, making certain no conflicts with different buying and selling methods. - EA Commentary: “CryptoEdge Scalper”
Customized label or remark hooked up to every commerce for straightforward identification.
Takeprofit and Stoploss Settings
- SL & TP Technique: dynamic
Defines whether or not stop-loss and take-profit ranges are fastened or dynamic primarily based on indicators. - Mounted Stoploss (Factors): 250
Units a hard and fast stop-loss in factors. - Mounted Takeprofit (Factors): 250
Units a hard and fast take-profit in factors. - Auto Stoploss Ratio (ATR): 1
Multiplies ATR values to calculate dynamic stop-loss (-1 disables). - Auto Takeprofit Ratio (ATR): 1
Multiplies ATR values to calculate dynamic take-profit (-1 disables). - Further Stoploss (Pips): 0
Provides further pips to the calculated stop-loss. - Further Takeprofit (Pips): 0
Provides further pips to the calculated take-profit. - Restrict Most SL: false
Disables limiting the stop-loss to a most worth. - Most SL (Pips): 30
Caps the stop-loss to this worth when enabled. - Regulate Lot Based mostly on Most SL: false
Prevents automated lot adjustment when most SL is lively.
Threat Settings
- Lot Calculation Technique: baseonbalance
Determines how lot sizes are calculated (e.g., stability, fastened lot, and many others.). - Threat Per Commerce (%): 2.0
Specifies the proportion of the account stability in danger per commerce. - Mounted Lot Measurement: 0.1
Assigns a static lot measurement for trades. - Lot per Steadiness Measurement: 1000
Makes use of a hard and fast lot measurement relative to account stability increments. - Foreign money Quantity Worth: 10
Units a hard and fast lot measurement primarily based on a particular foreign money quantity. - Most Lot Measurement: 60
Caps the utmost allowable lot measurement. - Minimal Lot Measurement: 0.01
Units the minimal allowable lot measurement. - Lower Lot After Loss (%): 0
Reduces lot measurement by this proportion after a shedding commerce to attenuate danger.
Sign Settings
- Max Variety of Trades: 99
Limits the variety of simultaneous open trades. Disabled when martingale is lively. - Most Unfold Allowed (Factors): 500
Prevents trades when spreads exceed this worth. - Commerce Course: purchase – promote or each
Permits trades in each lengthy and quick instructions.
Similar Order Settings
- Single Commerce Per Image: true
Restricts the EA to at least one open commerce per foreign money pair at a time. - Minimal Distance Between Trades (Factors): 100
Units a minimal hole between trades on the identical pair. - Permit Hedging: false
Prevents simultaneous lengthy and quick positions.
Buying and selling Hour Settings
Proprietary Corporations Options
- FTMO Randomizer: false
Provides random offsets to TP and SL values for proprietary agency accounts. - Max Every day Loss (Foreign money): 500
Prevents new trades if each day losses exceed this worth. - Max Every day Shedding Trades: 10
Stops buying and selling after exceeding this variety of shedding trades in a day. - Pause After Loss (Bars): 0
Halts buying and selling for a specified variety of bars after a shedding commerce.
Closing Based mostly on Drawdown
- Max Drawdown Allowed (%): 60
Stops opening new trades when drawdown exceeds this proportion. - Shut Trades on Max Drawdown: false
Closes all open trades when the drawdown threshold is hit.
Closing Based mostly on Every day Goal
- Every day Revenue Goal (%): 0
Halts new commerce entries upon reaching this each day revenue proportion. - Shut All Trades on Goal Hit: false
Closes all trades upon hitting the each day revenue purpose.
Closing Based mostly on Time
- Shut on Friday at Hour: -1
Specifies the hour to shut all trades earlier than the weekend (-1 disables this characteristic).
Trailing Cease Settings
- Allow Trailing Cease: false
Prompts the trailing cease performance. - Trailing Technique: trbyfixed_distance
Determines the kind of trailing cease (fastened distance, ATR, and many others.). - Take away TP After Trailing Begins: false
Deletes the take-profit degree as soon as the trailing cease is lively.
Closing A part of Order Settings
- Shut A part of Order and Path Relaxation: false
Partially closes a commerce and trails the remaining lot. - Share to Shut: 50
Specifies the portion of the commerce to shut when trailing begins.
Mounted Pip Path Settings
- Trailing Begin (Pips): 10
Begins trailing after this revenue degree is reached. - Trailing Distance (Pips): 7
Maintains this distance between worth and the stop-loss. - Trailing Step (Pips): 1
Adjusts the stop-loss in steps of this worth.
ATR-Based mostly Path Settings
- ATR Interval: 14
Variety of intervals for ATR calculation. - ATR Timeframe: Present
Timeframe used for ATR values. - ATR Multiplier: 1.5
Determines the trailing cease distance primarily based on ATR values.
Breakeven Settings
- Allow Breakeven: false
Activates breakeven performance. - Breakeven Begin Distance (Pips): 100
Initiates breakeven at this revenue degree. - Breakeven Further Pips: 0
Provides further pips to breakeven ranges.
Martingale Important Settings
- Allow Martingale: false
Prompts the martingale technique for place sizing. - Martingale Begin Technique: atr primarily based or repair level
Units the gap calculation methodology for martingale entries. - Takeprofit Technique: common
Technique for calculating take-profit throughout all martingale trades. - TP Distance Share: 70
Share of distance between new and final orders for TP calculation.
