Lumeris - inputs' description

25 September 2025, 13:52
Elzbieta Furyk
0
45

Core Features & Capabilities

🎯 Precision Engineering

  • Single-direction trading logic (no conflicting signals)

  • Built-in randomization option for prop firm compatibility (FTMO)

📊 Risk Management Excellence

  • Protected risk selection through dropdown menu

  • Percentage-based or fixed USD profit targets

  • Flexible stop loss and take profit modifications

  • Extra SL/TP padding for broker slippage protection

📰 Market Awareness

  • Integrated news filter system (High/Medium/Low impact events)

  • Pre and post-news trading restrictions

🔧 Professional Tools

  • Magic number system for multi-EA compatibility

  • Custom comment labeling for trade tracking

  • Manual override capabilities for experienced traders

  • Clean, organized trade management

Complete Input Parameters Guide

Core Settings

📌 Main Magic Number (Default: 92725)

  • Unique identifier for Lumeris trades

  • Allows running multiple EAs without interference

  • Change only if running multiple instances

💬 Order Comment Setup

  • Custom label for all trades

  • Useful for analyzing performance in account history

  • Helps identify Lumeris trades among others

Risk & Protection Parameters

🛡️ Maximum Drawdown Limit 

  • Critical safety feature that monitors floating drawdown

  • Automatically prevents from opening new positions

⚡ Toggle Close on Max Drawdown (Default: true)

  • Master switch for drawdown protection

  • Should always remain "true" unless you're monitoring 24/7

  • Your ultimate account protection

Trade Management

🎯 Manual Stop Loss (Default: -1 disabled)

  • Set positive value for fixed stop loss in points

  • -1 allows EA to manage SL dynamically

  • Advanced users only

💰 Manual Take Profit (Default: -1 disabled)

  • Set positive value for fixed TP in points

  • -1 enables Smart Recovery System's dynamic TP

  • Recommended to leave at -1

➕ Extra Stop Loss Points (Default: 0.0)

  • Adds buffer to calculated stop loss

  • Helps with broker slippage issues

  • Useful for high-spread periods

➕ Extra Take Profit Points (Default: 0.0)

  • Adds buffer to calculated take profit

  • Can help secure profits in volatile conditions

Trading Environment

🎲 FTMO Randomizer (Default: false)

  • Adds randomized values to original trade setup

  • Essential for prop firm challenges

  • Prevents detection of using the same EA among multiple users

⏰ Trading Start Time (Default: 01:00)

  • Server time when EA begins looking for trades

  • Adjust based on your broker's timezone

⏰ Trading End Time (Default: 23:30)

  • Server time when EA stops opening new trades

  • Existing trades continue to be managed

  • Prevents trading before the rollover

Position Control

🔒 One Order Per Symbol (Default: true)

  • Ensures maximum one trade at a time

  • Reduces risk and improves clarity

  • Recommended for beginners

📏 Min Distance Between Trades (Default: 50.0 points)

  • Minimum price gap between positions

  • Prevents clustering during volatility

  • Higher values = more conservative

🔄 Enable Hedging (Default: false)

  • Allows opposite direction trades

  • Some brokers don't support true hedging

  • Keep false for US brokers

🔢 Maximum Trades Allowed 

  • Total concurrent positions limit

  • Safety feature preventing overexposure

  • Adjust based on account size

News Filter System

📰 High/Medium/Low Impact News Filter (All Default: false)

  • Activate to avoid trading during news events

  • Requires news indicator installation

  • Recommended for anyone who wants to avoid trading around news

  • Use this address if you wish to use the news filter: https://nfs.faireconomy.media

⏳ Hours Before/After News (Default: 1)

  • Buffer time around news events

  • Prevents whipsaw entries

  • Increase during NFP/FOMC days

Profit Management

💵 TP Method (Default: Set TP on previous order open price)

  • Unique progressive profit system

  • Maximizes gains in trending markets

  • Core component of Smart Recovery System

🎯 Profit Type (Default: Base on percent of Balance)

  • Choose between percentage or fixed USD targets

  • Percentage adjusts with account growth

  • More flexible than fixed amounts

💰 Total Profit (USD) (Default: 10)

  • Fixed profit target if USD mode selected

  • Closes all trades when reached

  • Good for consistent daily goals

📊 Total Profit % of Balance (Default: 1.0%)

  • Percentage profit target

  • Automatically scales with account

  • Recommended for long-term growth

Lot Size Management - Protected Risk System

⚖️ Lot Calculation Method (Default: Low risk)

  • DROPDOWN MENU WITH PRE-SET VALUES - Cannot input custom values that could endanger your account

  • Low Risk: Conservative lot sizing for steady growth (recommended for beginners)

  • Medium Risk: Balanced approach for experienced traders

  • High Risk: Aggressive sizing for those comfortable with volatility

  • This protected dropdown system prevents accidental catastrophic risk settings that could blow your account

⚠️ Force Risk (Default: false)

  • Emergency override for the protected risk system

  • WARNING: Enabling this bypasses all safety calculations

  • Only for professional traders who fully understand the implications

  • When enabled, allows manual lot size control outside safe parameters

  • STRONGLY RECOMMENDED: Keep this FALSE unless you have extensive experience

Why Protected Risk Selection?

I've seen too many traders destroy their accounts by accidentally entering wrong risk values - typing 10 instead of 1.0, or 50 instead of 5. One small mistake and months of profits vanish in minutes. That's why Lumeris uses a protected dropdown system for risk selection. You can only choose from three carefully calibrated risk levels that have been extensively tested. This isn't about limiting your freedom - it's about protecting your future. The Force Risk option exists for professionals who need custom control, but it's disabled by default for a reason.

Installation & Quick Start

  1. Attach Lumeris to XAUUSD H1 chart 

  2. Ensure account balance is $500+ for Smart Recovery

  3. Start with default settings (thoroughly tested)

  4. Begin with "Low Risk" setting until familiar with EA behavior

  5. Monitor for the first two days to ensure compatibility

Recommended Account Specifications

  • Minimum Balance: $500 (for Smart Recovery System)

  • Recommended Balance: $1,000+

  • Leverage: 1:100 or higher

  • Account Type: ECN/Raw spread preferred

  • Broker: Low spread on XAUUSD