Welcome to AUTORITHM! This comprehensive guide will walk you through every step of setting up and using your AI-powered trading robot. Whether you're a beginner or an experienced trader, this guide will help you maximize your trading potential with our 10-layer AI system.
Download and Install
After purchasing AUTORITHM from the MQL5 Market, the EA will automatically appear in your MetaTrader 5 Navigator under Expert Advisors.
Configure Required URLs
⚠️ Important: For AUTORITHM to function properly, you must add the following URLs to your MetaTrader 5 allowed URLs list:
How to add URLs:
- Go to Tools → Options
- Click on "Expert Advisors" tab
- Check "Allow WebRequest for listed URL"
- Add both URLs above to the list
- Click OK and restart MetaTrader 5
3 Drag and Drop
Simply drag the AUTORITHM EA from your Navigator onto any chart. A settings window will automatically open where you can configure all parameters.
4 Enable Auto Trading
Make sure the "AutoTrading" button in your MT5 toolbar is activated (it should be green). Without this, AUTORITHM cannot place trades.
Configure Required URLs
⚠️ Important: For AUTORITHM to function properly, you must add the following URLs to your MetaTrader 5 allowed URLs list:
How to add URLs:
- Go to Tools → Options
- Click on "Expert Advisors" tab
- Check "Allow WebRequest for listed URL"
- Add both URLs above to the list
- Click OK and restart MetaTrader 5
Drag and Drop
Simply drag the AUTORITHM EA from your Navigator onto any chart. A settings window will automatically open where you can configure all parameters.
Enable Auto Trading
Make sure the "AutoTrading" button in your MT5 toolbar is activated (it should be green). Without this, AUTORITHM cannot place trades.
⚙️ Essential Configuration
🕐 Setting Up Trading Hours
One of the most important settings is defining when AUTORITHM should trade:
Trading Start Time
Set your TradingStartTime (default: "06:00"). This is when AUTORITHM begins analyzing the market each day.
Trading End Time
Set your TradingEndTime (default: "20:00"). AUTORITHM will stop opening new positions after this time.
💡 Pro Tip
Choose trading hours that match your broker's most active sessions. For EUR/USD, consider 8:00-18:00 GMT for optimal liquidity.
💡 Pro Tip
Choose trading hours that match your broker's most active sessions. For EUR/USD, consider 8:00-18:00 GMT for optimal liquidity.
🛡️ Risk Management Setup
Protecting your capital is crucial. Here's how to set up proper risk management:
| Parameter | Recommended Value | Description |
|---|---|---|
| RiskPercentage | 1.0 - 2.0 | Risk per trade as % of account balance |
| UseAutoLotSizing | true | Let AUTORITHM calculate optimal position sizes |
| FixedLotSize | 0.01 | Manual lot size (only if auto-sizing is disabled) |
⚠️ Important Warning
Never risk more than 2% of your account per trade. Start with 1% and increase gradually as you gain confidence with the system.
🎯 Martingale System Configuration
The Martingale system is AUTORITHM's most powerful feature, but it requires careful setup:
Understanding Martingale Parameters
Profit Target (MartingaleProfitTargetPips)
This is the profit target in pips for closing ALL martingale positions. Default: 120 pips.
Loss Limit (MartingaleLossTargetPips)
Maximum loss before closing all positions. Default: 1000 pips. This is your safety net!
Volume Multiplier (MartingaleMultiplier)
How much to increase lot size for each new position. Default: 1.5 (50% increase).
Maximum Orders (MartingaleMaxOrders)
Maximum number of positions in a sequence. Default: 10. Lower is safer!
Order Spacing (MartingaleOrderSpacingPips)
Distance between each martingale order. Default: 100 pips.
Recommended Martingale Settings by Account Size
| Account Size | Max Orders | Multiplier | Spacing (Pips) | Risk % |
|---|---|---|---|---|
| $500 - $1,000 | 4-5 | 1.3 | 60-80 | 1.0% |
| $1,000 - $5,000 | 5-6 | 1.4 | 80-100 | 1.5% |
| $5,000+ | 6-8 | 1.5 | 100-120 | 2.0% |
📰 News Protection Setup
Protect your trades during high-impact news events:
Enable News Protection
Set EnableNewsProtection = true to activate the news filter system.
Configure Time Buffers
PreNewsStopMinutes = 90 (stop trading 90 minutes before news)
PostNewsStopMinutes = 45 (resume trading 45 minutes after news)
Select Impact Levels
Choose which news impact levels to filter:
• FilterHighImpactNews = true (recommended)
• FilterMediumImpactNews = true (recommended)
• FilterLowImpactNews = false (optional)
🔧 Advanced Features
🎯 Trailing Stop System
Lock in profits as trades move in your favor:
- EnableTrailingStop: Set to true to activate
- TrailingTrigger: Profit needed to start trailing (default: 90 pips)
- TrailingDistance: Distance to maintain from current price (default: 15 pips)
📊 Volatility Protection
Avoid trading during extreme market conditions:
- EnableVolatilityProtection = true: Activate protection
- MaxVolumeMultiplier = 4.0: Cancel trades when volume spikes 4x
- MaxPriceChange = 40.0: Maximum safe price movement in pips
🛡️ Weekend Protection
Automatically close positions before weekends:
- ActivateWeekendShield = true: Enable weekend protection
- FridayCloseHour = 21: Close positions at 9 PM on Friday
- FridayCloseMinute = 0: Exact minute to close
🚀 Getting Started - Quick Setup Guide
🎯 Beginner-Friendly Settings
If you're new to AUTORITHM, start with these conservative settings:
📈 Monitoring Your Trades
What to Watch
- Drawdown: Monitor your account's maximum loss from peak
- Active Positions: Keep track of how many martingale positions are open
- Daily Profit/Loss: Review performance at the end of each trading day
- News Events: Be aware of upcoming high-impact news
When to Adjust Settings
- After 1 week: Review risk percentage based on performance
- After 1 month: Consider adjusting martingale parameters
- During high volatility: Temporarily reduce risk or pause trading
- Before major news: Ensure news protection is active
⚠️ Final Reminders
- Always test new settings in a demo account first
- Never risk money you can't afford to lose
- Start with small position sizes and increase gradually
- Monitor your trades regularly, especially during the first week
- Keep a trading journal to track your progress
🆘 Troubleshooting
Common Issues and Solutions
EA Not Trading
Solution: Check that AutoTrading is enabled, trading hours are correct, and you're not in a news blackout period.
Too Many Positions Opening
Solution: Reduce MartingaleMaxOrders and increase MartingaleOrderSpacingPips.
Large Drawdowns
Solution: Lower your RiskPercentage and MartingaleMultiplier. Consider reducing MartingaleMaxOrders.
🎉 Congratulations! You're now ready to start your automated trading journey with AUTORITHM. Remember: patience and proper risk management are the keys to long-term success!
🚀 Quick Start
- Install AUTORITHM
- Set trading hours
- Configure risk (1-2%)
- Set martingale parameters
- Enable news protection
- Start with demo account
- Monitor and adjust
⚠️ Safety First
- Never risk more than 2%
- Start with demo trading
- Monitor daily drawdown
- Keep emergency stop ready
- Revie
