Guide and assistant

Guide and assistant

17 June 2026, 20:23
Lakshay Seth
0
25

📊 GETTING STARTED WITH YOUR EA


🎯 HOW TO LAUNCH THE EA ON A CHART

Drag & drop your EA from the Navigator panel (Ctrl+N) onto any chart. Simple as that!

 Pro tip: The EA works on ANY symbol and ANY timeframe - it auto-detects everything! No need to stress about settings.

📖 Full setup details available here:
🔗 https://www.mql5.com/en/blogs/post/754548

⚙️ SYMBOL TRADING CONFIGURATION

To change trading symbols, modify the inputs - don't touch the chart!

 No suffix/prefix needed - The EA automatically detects them!

Example: If your broker shows  EURUSD.m , just enter  EURUSD  in the symbol list. The EA handles the rest!


🔢 RUNNING WITH OTHER EAS

🟢 YES! You can run this EA alongside others.

⚠️ Only one rule: Use a different Magic Number for each EA on the same symbol.


🔄 UPDATING YOUR EA

When a new version drops, here's what you do:

📥 Step-by-step update guide:
🔗 https://www.mql5.com/en/blogs/post/756832


📈 BACKTESTING YOUR STRATEGY

🎯 Want accurate backtest results?

Contact me privately and I'll provide you with the correct  .ini  settings file to load in your MT5 Strategy Tester.

Don't guess the settings - get it right the first time!


💬 JOIN OUR COMMUNITY

📱 TELEGRAM CHANNEL

Send me a private message in MQL5 Chat and I'll share the invite link with you!

🏆 MQL5 CHANNEL

🔗 Direct link: I'll provide the link right here!


📁 SETFILE GUIDE

🥇 BEST SETFILE OPTION

The DEFAULT setfile is your best starting point!

📌 But remember:

  • You can optimize for your specific broker

  • Additional setfiles will be posted in our channels

  • For Prop Firm (Funded Accounts) - contact me privately for the specialized setfile


🎁 BONUS EA - CLAIM YOUR GIFT!

After purchase:

  1. 📸 Take a screenshot of your purchase confirmation

  2. ✉️ Send it to me via private message

  3. 🎁 I'll send you a FREE Gift EA!


💰 RISK & DEPOSIT RECOMMENDATIONS

Minimum Deposit: $100 USD (or equivalent)

Recommended Approach: 🛡️ LOW RISK is always the smart play!


📋 COMPLETE INPUT PARAMETERS BREAKDOWN


🔧 CUSTOMIZE GENERAL OPTIONS

Parameter Description
trading symbol list Enter the currency pairs you want to trade, separated by commas. Example:  EURUSD,GBPUSD,NZDCHF
detect suffixes automatically When ENABLED (TRUE), the EA automatically identifies broker-specific suffixes like  .m  or  #  - you don't need to type them!
main magic number setup Unique identifier for this EA's trades. Change this if running multiple EAs on same symbol
ea order commentary Custom text that appears in your trade comments - great for identifying which EA opened which position

⏰ TIMED POSITION EXIT

Parameter Description
closing time setup on friday(-1:off) Set hour to close all positions before weekend. Use  -1  to disable. Example:  17  = close all trades at 5 PM Friday

📉 DRAWDOWN-TRIGGERED EXIT

Parameter Description
maximum drawdown allowed to restrict new trades Percentage of drawdown that stops new trades from opening. At 80%, EA pauses entering positions
close on drawdown option When ENABLED (TRUE), EA will automatically close all positions if drawdown hits the maximum level

🎯 GROUP OF ADDITIONAL PARAMETERS

Parameter Description
backtest-friendly direction stability Number of same-direction ticks required before entering a trade. Higher values = more confirmation, better for backtesting accuracy

🔄 SET RECOVERY ZONE PARAMETERS

Parameter Description
toggle recovery zone on/off Master switch for the Recovery Zone feature. ENABLE to use grid-style recovery trading
profit type for recovery setup Choose between  usd_percent  (dollar amount) or percentage-based profit targets for recovery completion
total profit usd setup (after recovery) Dollar amount target to achieve before recovery zone is considered complete
total profit % setup (after recovery) Percentage target of account balance to achieve before recovery zone is considered complete

🚦 HANDLE SAME ORDER ENTRIES

Parameter Description
enable one trade per symbol When ENABLED (TRUE), EA will only open ONE trade per currency pair at a time
minimum distance between trades of the same pair Minimum point distance required between consecutive trades on same pair. Set to  0  for no restriction

📰 FILTER DURING NEWS

Parameter Description
toggle high impact news filter on/off ENABLE to pause trading during Red/High impact economic news events
toggle medium impact news filter on/off ENABLE to pause trading during Orange/Medium impact news events
toggle low impact news filter on/off ENABLE to pause trading during Blue/Low impact news events
trading pause duration before news Minutes/hours before news event to stop trading (default: 2)
trading pause duration after news Minutes/hours after news event to resume trading (default: 2)
zoom factor Adjusts the on-chart dashboard size for better visibility

💰 MONEY MANAGEMENT

Parameter Description
set method for lot calculation Options:  mid_risk  (balanced),  low_risk  (conservative),  high_risk  (aggressive), or  fixed  (manual lot)
choose fixed lot size Used ONLY when lot method is set to  fixed . Enter your desired lot size (e.g., 0.01)
forcing risk in all situations When ENABLED (TRUE), EA ignores other safety parameters and uses the risk method no matter what

🏢 PROP FIRM CONTROLS

Parameter Description
ftmo randomizer option activated When ENABLED (TRUE), adds slight random variations to TP/SL to appear more human-like - useful for prop firm challenges

🕐 TIME RANGE FOR TRADING

Parameter Description
set trading start time Daily time when EA begins opening trades (24h format)
set trading end time Daily time when EA stops opening new trades (24h format)
enable trading on monday ENABLE to allow trading on Mondays
enable trading on tuesday ENABLE to allow trading on Tuesdays
enable trading on wednesday ENABLE to allow trading on Wednesdays
enable trading on thursday ENABLE to allow trading on Thursdays
enable trading on friday ENABLE to allow trading on Fridays

📱 ADJUST NOTIFICATION PREFERENCES

Parameter Description
turn on/off sending notifications to mobile ENABLE to receive trade alerts on your MetaTrader mobile app
turn on/off sending alert pop-ups ENABLE to get pop-up alert windows on your MT5 desktop platform

🎯 QUICK REFERENCE CARD

Action How To
🚀 Run EA Drag to chart
🔄 Change symbols Edit inputs
🎲 Multiple EAs Different Magic Numbers
📊 Backtest Ask for .ini file
🎁 Get Gift EA Send purchase screenshot
🏦 Prop Firm Contact for setfile