Greetings !
Today I would like to talk about the RazorEA settings, this will add clarity and understanding for everyone to create their own configuration.
Razor EA is able to trade three major currency pairs AUDCAD, AUDNZD, NZDCAD M15
To do this, simply install the system on one AUDCAD M15 chart with standard settings.
You can also additionally use the WKA Bonus Free Settings, for this, just write to me personally.
- MULTY CHART MODE - activates the multi-currency trading mode
- ALL PAIRS - pairs that we use for trading
- BALANCE PER 0.01 LOT [0 = FIXED LOT] - the required amount of free margin to open 0.01 of the first lot
- COMMENT - comments on deals
- RANDOM DELAY - a function of a small pause to open positions that will not be repeated with other market participants
- MANUAL DELAY [0 = OFF] - manual delay in seconds, for unique setting of all three pairs at the same time
- MAX % DD - deposit protection mode against a large drawdown, allows you to close all positions if the drawdown has reached this value
- SHOW INFO - displays information panel and user interface
- FIRST TAKE PROFIT - required TP to achieve, may change if WEIGHTED TP=True
- MIN DISTANCE GRID - distance between orders, may change if WKA VOLTIC = True, depends on market volatility
- BUY & SELL MODE - allows you to independently specify the direction of the market
- MAX FIRST LOT - maximum possible lot size
- SMART UNIQ TAKEPROFIT - allows you to set a unique TP for the first two RazorEA positions
- WEIGHTED TP - allows you to change the total TP if more than 3 orders are opened, designed to close quickly when the market moves strongly
- RANGE VOLATILITY - determines the size of the first TP order, based on the market volatility indicator (only if SMART UNIQ TAKEPROFIT =true)
- FIRST % VOLATILITY - determines the size of the second TP order, based on the market volatility indicator (only if SMART UNIQ TAKEPROFIT =true )
- UNIQ RSI MAX - allows you to use the RSI indicator to determine the best entry points for orders 1 and 2 if SMART UNIQ TAKEPROFIT =true
- UNIQ RSI MIN - allows you to use the RSI indicator to determine the best entry points for 1 and 2 orders, if SMART UNIQ TAKEPROFIT =true
- ALLOW HEDGING - allows you to open trades in different directions at the same time, which hedges positions and reduces drawdown
- FIRST DEAL RSI PERIOD - RSI period determines the first entry point
- MAX RSI - the maximum RSI value determines the first entry point
- MIN RSI - the minimum RSI value determines the first entry point
- ALLOW SMART DISTANCE - activates the volatility indicator to determine the 2nd and 3rd entry points
- STDV % - defines the channel for the STDEV indicator and extremums for the pattern of the first position in the grid
- 2nd TRADE MULTIPLIER - multiplier for the second order
- 3nd TRADE MULTIPLIER - multiplier for the third order
- 6nd TRADE MULTIPLIER - 6th order multiplier
- MAX DEALS IN GRID - the maximum number of positions for each pair
- MAX SYMBOLS PER TIME - number of simultaneous active currency pairs
- AUTO GMT - automatic determination of GMT
- WKA VOLTIC - activates the volatility filter and deactivates ALLOW SMART DISTANCE, needed for bonus settings
- MANUAL GMT - manual GMT if AUTO GMT=Off
- FIXED LOT IF RISK=FIXED - fixed risk and lot
- MAGIC NUMBER - unique EA number
- MAX BROKER SPREAD - maximum broker spread
- XMAS TRADING - The Option Blocks trading during the Christmas holidays
By default, the system has optional trade protection during the Christmas holidays. (XMAS TRADING=True)
According to statistics, the market is very volatile during this period and protection blocks positions at this time.
To increase the risk, you can activate trading during the Christmas holidays (not recommended).
Thus, the system will also trade during these holidays.
P.s. Bonus attached..
