USER GUIDE – AZ Aurum Breakout EA
The right way to Use
Step 1: Setup and Technique Choice
The EA consists of a number of buying and selling methods, with further methods deliberate for future updates.
Preset information are designed for particular setups. All the time guarantee the proper file is used with the corresponding timeframe.
Essential tips:
Technique 1 operates with the default parameters and doesn’t require any exterior file
Technique 2 should be used with the suitable preset configuration
When testing various setups, at all times apply the matching preset file
Step 2: Image Digit Configuration
All default configurations are based mostly on normal 2-digit pricing for Gold.
In case your dealer makes use of a 3-digit format, you’ll be able to alter in two methods:
Use a preset file designed for 3-digit pricing
Or allow the inner digit adjustment possibility for Gold (3-digit mode)
This ensures that Cease Loss, Take Revenue, and different calculations are utilized accurately.
Step 3: Time Settings
Right time configuration is important for correct EA operation.
Obtainable choices:
Computerized mode: the EA detects dealer server time
Guide mode: set your dealer’s GMT offset manually
Correct time settings are necessary as a result of the EA manages buying and selling periods and handles pending orders based mostly on market closing intervals. Incorrect configuration could end in trades being held throughout unfavorable situations.
Step 4: Information Filter
The EA features a information filter to assist keep away from buying and selling throughout main financial occasions.
Choices:
Allow the built-in information filter
Or manually pause buying and selling throughout high-impact occasions
Really useful strategy:
Use the customized information filter to regulate which occasions ought to be averted
This helps scale back publicity to sudden volatility and worth spikes.
Step 5: Unfold Management
The unfold filter helps stop trades throughout unfavorable market situations.
Default worth is disabled, however guide configuration is really useful.
Prompt setup:
Verify the common unfold of your dealer
Set the utmost unfold to roughly twice the common worth
This helps keep away from poor commerce entries attributable to irregular unfold situations.
Remaining Suggestions
- Use a low-spread dealer with steady execution
- VPS is really useful for steady operation
- All the time match the technique, timeframe, and preset configuration accurately
- Check settings in a demo setting earlier than dwell buying and selling
Select how the EA calculates lot measurement.
Lot measurement is calculated based mostly on a share of account fairness.
Instance: 2 means 2% danger per commerce.
Makes use of a continuing lot measurement for all trades.
Lot measurement is predicated on a share of obtainable free margin.
Defines a base steadiness unit used for scaling lot measurement.
Lot measurement will increase proportionally with steadiness development.
Limits the utmost lot measurement.
Select the buying and selling technique.
Technique 1 → H1 timeframe
Technique 2 → M15 timeframe
Every technique has its personal inner settings.
For finest outcomes, use the proper preset file for the chosen technique.
Used to match dealer worth codecs.
Some brokers use completely different digit codecs for Gold (XAUUSD).
Instance: 2-digit or 3-digit pricing.
In case your dealer makes use of 3-digit Gold → choose the matching possibility
In any other case → maintain default setting
Goal revenue stage (factors).
Most loss restrict per commerce (factors).
The Break Even function protects revenue by transferring the Cease Loss to a safer stage as soon as a commerce reaches an outlined revenue.
Flip the function on or off
Revenue stage (factors) required to activate
Distance (factors) the place Cease Loss can be moved
If Begin = 20 and Step = 5 → as soon as commerce reaches +20 factors, Cease Loss strikes to +5 factors in revenue
Trailing Cease robotically adjusts Cease Loss because the commerce strikes into revenue.
Allow or disable trailing
Minimal revenue (factors) to start trailing
Distance used to maneuver Cease Loss
After reaching the beginning stage, Cease Loss follows the value step-by-step, locking in revenue till the commerce closes
Controls when the EA is allowed to commerce.
Set GMT mode (Auto or Guide)
Outline buying and selling session begin and finish time
Allow or disable buying and selling for particular days
This helps keep away from low liquidity intervals and management buying and selling hours
Pauses buying and selling throughout necessary financial occasions.
Allow or disable information filter
Set minutes earlier than information to cease buying and selling
Set minutes after information to renew buying and selling
Choose which information affect ranges to filter
This helps scale back danger throughout excessive volatility intervals
Limits when new trades may be opened.
Management variety of energetic trades
Restrict every day buying and selling exercise
Cease buying and selling after revenue or loss limits
Shield account throughout drawdown
These filters assist scale back overtrading and handle danger successfully
Permits trades to be closed robotically underneath particular situations.
You may outline guidelines based mostly on:
This offers further management over commerce exits
Defines core buying and selling conduct and security controls.
Max Unfold → Blocks trades when unfold is simply too excessive
Shut on Excessive Unfold → Removes pending orders throughout excessive unfold
Fee per Lot → Used for calculation if wanted
Embrace Unfold in SL → Adjusts Cease Loss with unfold
Slippage → Most allowed execution distinction
Magic Quantity → Distinctive ID for EA trades
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