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Set off Professional Handbook

Set off Professional is a multi-module execution and commerce administration EA for MetaTrader 5. It combines guide buying and selling, straddles, set off modules, trailing cease instruments, partial TP/SL dealing with, and account safety options in a single on-chart workflow.

This handbook explains the panel, each primary tab, the Orders window, the decrease management rows, and an important workflows in sensible language.

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Earlier than You Begin

• One chart = one image. Every EA occasion works with the chart image it’s connected to.
• For a number of symbols, connect Set off Professional to a number of charts.
• Use totally different Magic Numbers if you’d like separate situations to handle trades independently.
• All the time check on a demo account first. Execution can differ by dealer, unfold, cease degree, freeze degree, account sort, and market circumstances.

Handbook Construction

1. Overview
2. Fast Begin
3. Major Panel and Header
4. Commerce Tab
5. Information Tab
6. Session Tab
7. Vary Tab
8. S/R Tab
9. Sample Tab
10. Threat Tab
11. Orders Window
12. TRADE CFG and Per-Ticket Config
13. One-Click on Shut Space
14. Trailing Row
15. Footer Buttons
16. Visible Commerce Administration
17. Widespread Workflows
18. FAQ and Necessary Notes

Overview

Set off Professional is constructed round one primary concept: put together a setup, arm it, let the EA place the orders, after which handle the reside commerce from the identical interface. As a substitute of utilizing a number of separate instruments, Set off Professional combines set off modules, order placement, commerce administration, and account safety in a single EA.

• Entry modules: Commerce, Information, Session, Vary, S/R, Sample, and Schedule-based workflows.
• Commerce administration: Trailing cease, break-even, partial TP/SL, digital stops, and per-ticket overrides.
• On-chart workflow: Most actions may be armed, monitored, configured, and managed immediately from the chart panel.
• Orders monitoring: The ORDERS window enables you to watch armed setups, pending orders, and present information in a single place.

Fast Begin

1. Connect Set off Professional to a chart and allow automated buying and selling.
2. Open TRADE CFG and set your base lot, SL, TP, offset, expiry, and threat guidelines.
3. Select the module you wish to use: Commerce, Information, Session, Vary, S/R, or Sample.
4. Configure the set off settings for that tab.
5. Arm the setup, or place it immediately if you’re utilizing guide controls.
6. Monitor the setup from the ORDERS window.
7. Use the decrease management rows for one-click shut, trailing, visible mode, VPS mode, and 1-leg or 2-leg habits.

Major Panel and Header

Compact Mode: Compact Mode retains the identical primary features in a smaller panel format. It’s helpful once you need extra chart house with out switching to the minimized bar.

Mini Bar: The minimized bar retains the important controls seen, together with one-click shut shortcuts, scope toggle, customized p.c shut, image dropdown, and the ORDERS button.

Commerce Tab

The Commerce tab is the guide execution space. It’s used for market orders, fast straddles, pending drafts, and guide commerce preparation.

Order Parameters

• Heaps: Mounted lot measurement used for the setup when fixed-lot mode is energetic.
• SL: Cease-loss distance in pips.
• TP: Take-profit distance in pips.
• Off: Entry offset used for straddles and pending placement.

Market Execution

• SELL: Locations a market promote utilizing the present Commerce tab values.
• BUY: Locations a market purchase utilizing the present Commerce tab values.
• QUICK STRADDLE: Locations a quick cease straddle round present market worth utilizing the present Commerce tab settings.

Pending Orders

• Purchase Cease: Creates a purchase cease draft.
• Promote Cease: Creates a promote cease draft.
• Purchase Lmt: Creates a purchase restrict draft.
• Promote Lmt: Creates a promote restrict draft.

After making a draft, Set off Professional reveals the visible setup on the chart. You may then arm it, hearth it, cancel it, or open its choices from the draft controls.

Information Tab

The Information tab is used to arm financial calendar occasions and place a setup earlier than the occasion at a particular time offset.

Information Supply

Set off Professional makes use of the MetaTrader 5 Financial Calendar accessible by the terminal setting. Information availability relies on platform and terminal calendar entry.

Controls

• ALL / HIGH / MED: Filters seen occasions by influence degree.
• Foreign money buttons: Filters occasions by forex.
• Reload: Reloads the present occasion record.
• Earlier than (m:s): Units how lengthy earlier than the occasion the setup ought to be triggered.
• ARM on a row: Arms that particular occasion.
• Now on a row: Fires a setup instantly utilizing that occasion context.
• Prime ARM: Prompts the Information module when a number of information rows are already armed.
• Prime DISARM: Clears at present armed information objects.
• TRADE CFG: Opens the commerce settings utilized by Information setups.

Fundamental workflow

1. Filter the occasion record by influence and forex.
2. Set the pre-event offset.
3. Open TRADE CFG and outline offset, SL, TP, expiry, lot, or threat.
4. Arm a number of occasion rows.
5. Press the highest ARM button to place the Information module into energetic ready mode.

Session Tab

The Session tab is used for session-based setups resembling London, New York, Tokyo, and Sydney.

Session tiles

• The highest session tiles are selectors.
• You may choose a number of classes on the similar time.
• Chosen tiles are utilized by the ARM and NOW actions.
• Armed session objects are faraway from the record space or Orders window, not by clicking the tiles.

Controls

• ARM ALL: Arms all 4 classes utilizing the present Minutes after open worth.
• DISARM ALL: Clears all armed session objects.
• REPEAT ON/OFF: Controls whether or not session objects repeat after firing.
• Minutes after open: Units the minute offset used for the subsequent session arm motion.
• ARM: Arms the at present chosen classes utilizing the present minutes worth.
• NOW: Fires the at present chosen session context instantly.
• ARMED SESSION ITEMS: Reveals at present armed session objects and additional offsets.
• DEL: Removes the chosen armed merchandise from the record.
• Up / Down arrows: Scroll the armed record when there are extra entries than seen rows.
• Clear All: Removes all armed session objects.
• TRADE CFG: Opens commerce settings for Session setups.
• SCHEDULE: Opens the timed session slot workflow.

Instance

1. Set Minutes after open to 10.
2. Press ARM ALL to arm all 4 classes at +10.
3. Choose London.
4. Change minutes to 15.
5. Press ARM so as to add a separate London +15m merchandise with out eradicating the earlier arms.

Vary Tab

The Vary tab builds a buying and selling vary utilizing a begin and finish time, then makes use of that vary for breakout or reversal execution.

S/R Tab

The S/R tab is used for help and resistance workflows and level-based setup arming.

• Supply toggles: Allow or disable the extent varieties you need the EA to contemplate.
• SCAN: Refreshes the present S/R degree record.
• ARM on a row: Arms that degree as a setup supply.
• CFG on a row: Opens the configuration for that degree.
• Listing arrows: Scroll by longer degree lists.
• TRADE CFG: Opens S/R commerce settings.

S/R can be utilized as a direct set off supply or as a filter relying on the workflow and tab configuration.

Sample Tab

The Sample tab scans candles and creates setups from supported sample logic.

When the Sample module is armed, the EA scans new closed candles on the chosen timeframe and creates a setup when the chosen guidelines match.

Threat Tab

The Threat tab collects account safety settings and day by day controls.

• Every day Loss: Most day by day loss restrict.
• Revenue Tgt: Every day revenue goal lock.
• MaxTrades: Most trades per day.
• Max Unfold: Unfold filter for brand spanking new setups.
• ConsecLoss: Most consecutive loss depend.
• EqFloor: Fairness ground safety.
• Auto-Shut time: Closes or cleans positions and orders on the chosen time.
• Shut All / Shut Loss / Block Solely: Units the motion used when a threat occasion is triggered.
• APPLY RISK SETTINGS: Saves and applies the present Threat tab settings.
• As we speak’s Stats: Reveals day by day PnL, wins, losses, and associated counters.

Orders Window

The Orders window is the principle place to watch armed setups and at present positioned objects.

• Armed: Reveals setups ready for his or her set off situation.
• Positioned: Reveals present positioned pending orders and energetic tracked objects.
• Config: Opens per-setup configuration.
• Cancel / Disarm: Removes the chosen setup if it nonetheless exists.
• Cancel Lively: Clears energetic positioned objects proven within the record.

This window is particularly helpful for Information, Session, Sample, and Vary workflows the place a number of armed objects could coexist.

TRADE CFG and Per-Ticket Config

TRADE CFG is without doubt one of the most necessary buttons in Set off Professional. It opens the configuration utilized by the present module or the chosen reside setup.

One-Click on Shut Space

The one-click shut block is used for quick place administration.

• THIS SYMBOL / ALL TRADES: Chooses whether or not shut actions have an effect on solely the present chart image or all EA-managed trades.
• P.c field: Units the customized partial shut proportion.
• Shut: Performs the customized proportion shut utilizing the worth within the field.
• Buys: Closes purchase positions within the chosen scope.
• Sells: Closes promote positions within the chosen scope.
• Revenue: Closes worthwhile trades within the chosen scope.
• Loss: Closes dropping trades within the chosen scope.
• 50%: Closes half the quantity of the focused trades the place dealer guidelines permit it.
• ALL: Closes all trades within the chosen scope.

Trailing Row

The trailing row selects the worldwide trailing mode utilized by the EA.

• Pip: Mounted pip-distance trailing.
• ATR: ATR-based trailing distance.
• MA: Trailing primarily based on a shifting common.
• Swg: Swing-based trailing.
• Stp: Step trailing.
• Cha: Chandelier-style trailing.
• SET: Opens the detailed trailing settings popup.
• ON / OFF: Permits or disables the worldwide trailing engine.

Every ticket can nonetheless comply with the worldwide mode, disable trailing utterly, or use its personal per-ticket customized trailing values.

Footer Buttons

• ARM: Arms the present setup or module state.
• FIRE: Sends the at present armed guide or draft setup.
• CANCEL: Cancels the present armed guide state or energetic draft.
• REAL: Makes use of broker-side stops and targets.
• VIS / TXT: Chooses the chart show model for commerce visuals.
• VPS: Toggles decrease visible redraw stress for weaker methods or distant terminals.
• 1-LEG / 2-LEG: Controls whether or not one legitimate facet could also be positioned if the opposite facet fails, or whether or not either side have to be legitimate collectively.

Visible Commerce Administration

Set off Professional attracts commerce visuals immediately on the chart for reside trades, pending orders, and drafts.

• Entry labels may be moved left or proper for cleaner chart spacing.
• SL and TP areas present projected quantities and percentages.
• VIS mode reveals visible panels and bars on the chart.
• TXT mode reveals a extra compact text-style chart overlay.
• Per-ticket popup menus allow you to entry shut, trailing, break-even, partial shut, and shade choices.

Widespread Workflows

Handbook Fast Straddle

1. Open the Commerce tab.
2. Set Heaps, SL, TP, and Off.
3. Press QUICK STRADDLE.
4. Monitor the positioned pending orders from the Orders window.

Information Straddle

1. Open the Information tab.
2. Filter occasions by influence and forex.
3. Set the Earlier than (m:s) offset.
4. Open TRADE CFG and set offset, SL, TP, lot or threat, and expiry.
5. Arm a number of occasion rows.
6. Press the highest ARM button.
7. Monitor the setup within the Orders window.

Session Workflow

1. Open the Session tab.
2. Set Minutes after open.
3. Choose a number of classes, or use ARM ALL.
4. Press ARM for chosen classes if wanted.
5. Examine the ARMED SESSION ITEMS record.
6. Monitor them from the Orders window.

Sample Workflow

1. Open the Sample tab.
2. Choose sample varieties.
3. Select timeframe and sign mode.
4. Set filters and expiry values.
5. Open TRADE CFG if wanted.
6. Allow and arm the Sample module.

Vary Workflow

1. Open the Vary tab.
2. Set begin and finish time plus timezone.
3. Select Breakout or Reversal mode.
4. Set commerce parameters in TRADE CFG.
5. Arm the Vary module.

FAQ and Necessary Notes

Does Set off Professional work on hedging and netting accounts?

Sure, however habits can differ as a result of netting accounts merge positions by image. All the time check your supposed workflow on the identical account sort you intend to make use of reside.

What does 1-LEG imply?

1-LEG permits the EA to put a single legitimate facet of a straddle if the opposite facet fails validation. 2-LEG requires either side to be legitimate collectively.

Why can small heaps shut totally on the primary partial TP?

Dealer minimal lot measurement and quantity step guidelines can stop a real partial shut on very small positions resembling 0.01 heaps.

Why do I generally see cancel or invalid request messages within the journal?

This may occur when the dealer has already modified, crammed, or eliminated an order by the point the EA tries to cancel the other facet. In lots of instances the ultimate setup state continues to be right.

Is that this a multi-symbol scanner from one chart?

No. Every Set off Professional occasion works with the image of the chart it’s connected to. For a number of symbols, use a number of charts.

Does Set off Professional generate commerce concepts for me?

No. Set off Professional is an execution and administration utility. You’re accountable for your set off settings, buying and selling guidelines, and commerce choices.

Ultimate observe: Set off Professional is highly effective as a result of it combines many workflows in a single panel. Be taught it progressively. Begin with one module, check it, then add the opposite modules after you might be snug with the workflow.