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USER GUIDE - CAP Prime Scalper EA

12 July 2017, 16:01
MEETALGO LLC
Mohammad Ali
3
1 612


USER GUIDE


1.0) Input Parameters of The EA




1. Lots Management

  • LotsType: Select any of lots management type .
  • EquityPercent: Lot is chosen automatically based on percentage of the equity.
  • FixedLots: Fixed Lots.
  • UseMarginPercent: Lot is chosen automatically based on percentage of the full margin value. example if you set 100% then EA open lots size based on 100% of free margin.
  • XBalance: Lot will increase base XBalance amount. Calculate is (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
  • LotsizePerXBalance: Lot size of XBalance. 


2. EA Configurations

  • Filter Trade: Trade filter with MA.
  • TakeProfit: TakeProfit (in points).
  • Initial StopLoss: Initial StopLoss (in points).
  • Hidden StopLoss: Hidden StopLoss (in points).
  • AskPriceShift/BidPriceShift: Parameter representing the breakout points shift value.
  • ATR Period: ATR Period.
  • Signal Frequency: Parameter representing the signal points. Increase value for better performance and less trades.
  • Volatility Scale: Volatility range for price analysis.


3. Break Event Setting

  • Break Even On : Enable Break Event.
  • BreakEvent Start: profit (distance from entry price to current price, in points) when the break even is activated.
  • BreakEvent Stop: distance from entry price to which the stop loss is moved


4. Trailing Stop Setting

  • Trailing On : Enable Trailing Stop.
  • Trailing Stop (0 - disable): distance from entry price (in points) when the trailing stop is activated.
  • Trailing Step: Step (in points) of trailing stop.


5. Split Lot Size Setting

  • SplitProfitLots: Enable profitable order division mode.
  • Start Split: Points of profit to start dividing a profitable deal.
  • Split Lots Percentage: Lots percentage for each profitable deal division.


6. Time Configurations

  • GMT Mode: Select any of GMT offset mode of the broker server time.
  • Auto GMT (not for tester!): Automatic GMT adjustment (recommended);
  • Manual GMT offset: Manual GMT correction, used for backtests..
  • OpenMinute: EA operation start minute.
  • Trade Open Time: Trade open time.
  • Trade End Time: Trade close time.
  • Friday End Time: Trade close time only for Friday.
  • MondayTrade-FridayTrade: Trade OFF/ON weekly day.

7. Filter News Time

  • Enable News Filter: To stop trade during Nonfarm payroll employment.
  • Non-Farm Day: Set Non-Farm day. If you set 0 EA will calculate non-farm day auto.
  • TimeFromTill: Time rang to stop trading.


IMPORTANT - To enable AutoGMT, tick the "Allow WebRequest" option and add this three URL -

  1. http://time.is/UTC 

to the list of URLs for WebRequest. To do this, open Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add the following: "http://time.is/UTC" and press "OK". The EA takes news from the specified websites.

7. Basic Configurations

  • Maximum Spread: Maximum spreads limit.
  • CloseOrderOnSpread: Delete pending order if Spreads reach Max Spreads.
  • Custom Commission (USD per lot): Commission for per standard lot (not used by most of brokers).
  • SLWithSpreads: If true, Spreads will add with Stoploss.
  • ResetSLforSlippages: If true, Stoploss will be reset if stoploss change for slippages.
  • Slippage: Maximum slippage value.
  • Magic: Magic Number.


Purchase

MT4 version - Click to Buy

MT5 version - Click to Buy



#Prime Scalper, Breakout Scalper
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