EAs Settings Information
Howdy everybody
On this web page, you may see my knowledgeable settings information
You need to use this information for the next specialists:
Candle EA MT4: https://www.mql5.com/en/market/product/106426
Candle EA MT5: https://www.mql5.com/en/market/product/106427
Sharp EA MT4: https://www.mql5.com/en/market/product/109828
Sharp EA MT5: https://www.mql5.com/en/market/product/109828
Dragon Multi EA MT4: https://www.mql5.com/en/market/product/110434
Dragon Multi EA MT5: https://www.mql5.com/en/market/product/110433
(This web page is being up to date)
Magic Quantity:
If you wish to use a number of specialists on the identical time, every knowledgeable will need to have a unique magic quantity.
In any other case, the specialists won’t work effectively.
For instance, if you wish to run 2 or extra specialists, otherwise you need to run one knowledgeable in numerous time frames, or if you wish to run one knowledgeable in a single time-frame however in numerous forex pairs, for the primary knowledgeable, a magic quantity And select a unique magic quantity for the second knowledgeable and a unique magic quantity for the third knowledgeable.
The magic quantity may be any quantity from 1 to 999999999.
This quantity has no impact on trades. Mainly, it’s an ID for every knowledgeable.
Remark:
Feedback are helpful for figuring out multi-expert trades.
When you have run a number of specialists on the identical time, with our knowledgeable remark, you’ll know which commerce is for our knowledgeable.
Within the default settings, the remark is the same as: “Skilled title”
You possibly can set your personal remark.
This setup is nice while you run our Skilled on a number of time frames Or while you run a number of completely different specialists.
Set the Lot worth manually:
You possibly can set the lot quantity manually. From 0.01 tons to 1000 tons. (The utmost lot dimension is determined by your dealer. For instance, a dealer could not assist you to commerce greater than 50 tons.)
This mode is variable within the default settings. That’s, in every commerce, the lot quantity is completely different.
If you happen to change these settings, the knowledgeable trades with a set quantity of tons in every commerce.
Default setting: 0.0 (A worth of 0.0 implies that the knowledgeable trades based mostly on the share settings ( variable )).
Greatest setting: 0.0 (It’s higher that the quantity of “Lot” in every commerce just isn’t mounted.)
Take Revenue (Level):
You possibly can alter the TP worth your self. (Based mostly on factors)
Within the default mode (TP=0), the revenue restrict is set by Skilled.
Default setting: 0
Greatest setting: 0 (It’s higher for Skilled to find out the quantity of the revenue restrict.)
Cease Loss (Level):
You possibly can alter the SL worth your self. (Based mostly on factors)
Within the default mode (SL=0), the revenue restrict is set by Skilled .
Default setting: 0
Greatest setting: 0 (It’s higher for Skilled to find out the quantity of the revenue restrict.)
In keeping with FIFO guidelines?:
Allow or disable Restrict the variety of trades (sign)
If this setting is ” FALSE “, the variety of indicators or trades will improve.
If this setting is ” TRUE “, the variety of indicators or trades will probably be lowered.
By ” FALSE ” these settings, the knowledgeable could carry out a number of trades on the identical time.
For instance, it might do a number of commerce “purchase” or “promote” in a single course of.
watch out. In case your danger is excessive, it’s higher to not ” FALSE ” this setting.
In order for you Skilled to commerce in response to “FIFO” guidelines, don’t ” FALSE ” this setting.
FIFO guidelines are extra necessary for American brokers.
Default setting: TRUE
Greatest setting: TRUE
Quantity of danger per commerce (%):
Danger is the amount of cash that’s added or subtracted out of your account in every commerce.
For instance, in the event you danger 1% (and your capital is $1000) And your commerce is closed at a loss, you’ll lose 1%. That’s, 0.01*1000 = $10, you lose $10.