PARAMETERS DESCRIPTION
Time settings
Start Hour - Start working of EA in hour.
Start Minute - Start working of EA in minutes.
End Hour - End working of EA in hour.
End Minute - End working of EA in minutes.
Use additional Time Period(true/false) - if you will turn on this option you will have possibility to set additional period of working for EA for more intensity of trading. Please note that the additional period of work of the adviser is not included in the main period of work. They must be different.
TELEGRAM NEWS CHANNEL https://t.me/davinciforexlabs
Risk&Volume Settings
Risk Percentage - you can set in this option risk in percent from your deposit for one deal(for example, if your deposit 1000 usd and risk 10%, then if the Stop Loss occured your loss will be 100 usd).
Risk Profile - here you can set risk profile(LowRisk, Medium Risk, High Risk), risk profile calculates based on 0.01 lot per amount( LowRisk - 300, Medium Risk - 200, High Risk - 100), (for example, if you have chosen High Risk and your deposit 1000 usd, then the volume will be (1000/100)*0.01 = 0.1). EA uses this option, only if Risk Percentage=0 and Fixed Volume=0.
Fixed Volume - you can set here fixed lot, EA will open all deals only same volume.
Recovery Settings
Recovery (true/false) - Enable loss recovery mode (in this mode the Expert Advisor increases the trading lot after a losing trade by a specified coefficient (disabled by default).
Recovery coefficient - Increase coefficient after a losing trade, refers to the recovery parameter (disabled off by default)
Take Profit&Stop Loss Settings
Take Profit - The amount of Take Profit in points.
Stop Loss - The amount of Stop Loss in points.
Close Currency Profit - if true, then EA will close all deals by Currency Profit.
Currency Profit - Amount of Currency Profit for Volume of Currency Profit. For example, if you set Currency Profit = 5 and
Volume of Currency Profit = 0.01, you have 2 deals with volume 0.1. So, common volume is 2x0.1=0.2 and EA will close positions, if common currency profit will be (0.2/0.01)*5 = 100$.
Volume of Currency Profit - Amount of Volume for Currency Profit.
Trail Settings
Trailing (True/False) - activation of function Trailing.
Trailing Trigger - shows how many points should the price move for activation of trailing function. (For example, you set - 500, EA made buy deal with open price 2000.00, the price reached to 2005.00, after this, trailing starts working)
Trailing From - shows how many points from Open Price of Deal will be set Stop Loss by activation of trailing function. (For example, you set - 50, EA made buy deal with open price 2000.00, the price reached to 2005.00, after this, trailing starts working and Stop Loss will move to the price 2000.50).
Trailing Step - shows how many points should move the price for moving Stop Loss.(For example, you set - 5, then after activation of trailing function, the Stop Loss will move, 2000.55->2000.60->2000.65->2000.70.......... ).
Additional Settings
Deals - shows how many deals can be opened by EA in the market.
Slippage - Slippage filter.
Comments - Commentary can be anything you write.
Magic* - This parameter is responsible for the identification of trades, it does not affect the trading. You can put any one value you want.
News Filter Settings
News Filter- Enable/Disable the news filter.
Period minutes before the news - Time before the news release during which period not to open trades.
Period minutes after the news - Time after the news release during which period not to open trades.
For correct work of the news filter you need to add the link to the terminal settings. You do not need to add a link for Metatrader 5 terminal, only for MT4.
Please allow web requests to the following URL for the news filter https://sslecal2.forexprostools.com
