CAP Zone Recovery EA User Guide Part 6
BE, TR, Others Setting (Input Parameters)
Break Even On: Enables Break Event. Break event work both initial and hedge mode.
Break Start: Profit (distance from entry price to current price, in points) when the breakeven is activated.
Break Step: Distance from entry price to which the stop loss is moved.
Disable BE: If True, BE only work initial mode.
Trailing On: Enables Trailing Stop. Trailing stop work both initial and hedge mode.
Trailing Stop: Points to be won for the Trailing Stop to be activated.
Trailing Step: Step (in points) of trailing stop.
Disable TR: If True, trailing only work initial mode.
Profit & Loss Type: Select profit & loss type.
In Dollar: EA work with dollar. Example you set Profit & Loss Type = Dollar
and you set Max Profit Value = 10, That mean when your cycle in profit 10 dollar then it will close all trade.
- In Percentage: EA work with percentage of your account balance. Example you set Profit & Loss Type = Percentage and you set Max Profit Value = 10 and you balance is 1000$, That mean when your cycle in profit (10% of your balance 1000) = 100 dollar then it will close all trade.
Loss also work like that.
Max Profit Value: Set Max profit. If you cycle make profit this value EA close all trade.
Max Loss Value: Set Loss profit. If you cycle make loss this value EA close all trade.
Active Only When Recovery: If True, equity guardian only works recovery mode. If FALSE then it will work both initial and recovery mode.
Mt4 version - https://goo.gl/X10Ajd
MT5 version - https://goo.gl/nISxEg