System Settings
Magic Number — unique identifier used by the EA to distinguish its own trades from other orders on the account. Leave default unless running multiple instances on the same account.
Order Comment — text comment automatically attached to every trade opened by the EA, includes the robot name and version.
Broker Compatibility
Max Deviation — maximum allowed price slippage (in points) when an order is executed.
Trade execution mode — order execution mode for compatibility with the broker's server. Does not affect trading logic.
Hybrid Filters
Use News Filter — enables/disables a trading pause around high-impact USD/Gold news releases.
Pause Before News (min) — minutes before a news release when the EA stops opening new trades.
Pause After News (min) — minutes after a news release before the EA resumes trading.
Money Management
Type — lot sizing mode: Fixed Lot, Auto (Risk per Equity), or Auto (Risk per Balance).
Fixed Lot — lot size used only when Type = Fixed Lot.
Risk Level — lot size per $1000 of balance/equity (not a percentage risk per trade).
| Risk Level | Expected Drawdown |
|---|---|
| 0.005 | ~10% (conservative) |
| 0.01 | ~20% (medium) |
| 0.015 | ~30% (aggressive) |
Conversion Pair — required for non-USD accounts (e.g. USDJPY , EURUSD ) for correct lot calculation. Leave empty for USD/USC/USc/UST accounts.
Prop Firm Risk Protection
📖 Full Prop Firm setup guide: https://www.mql5.com/en/blogs/post/767424
Daily Loss Limit % — maximum daily loss allowed before new trades are blocked. 0 = off.
Total Drawdown Limit % — maximum total drawdown allowed before trading stops completely. 0 = off.
Initial Balance for calculations — base balance used for drawdown limits. 0 = auto-detected at startup.
Strict Mode: Initial Balance / Daily Balance — daily limit base: strict initial balance ( true ) or balance at start of each day ( false ).
Daily Reset Time Offset (UTC) — UTC offset for the daily limit reset time.
Close All Trades on Limit — if true , all open trades are force-closed when a limit is hit.
Show Protection Status Logs — prints current protection status to the journal for monitoring.
Time, Spread & Direction
Trade Mode — allowed trade direction: Buy & Sell, Buy only, or Sell only.
Max Spread — maximum spread (points) allowed to open a new trade.
Broker Time — server time offset, required for correct news filter and time-based rules. Find the correct value at prizmal.bot.
Trading Days
Monday – Sunday — enable/disable trading on each day of the week. Weekends are disabled by default.
Friday Close All
Enable Friday Close All — force-closes all open trades before the weekend.
Friday Close Hour / Minute (broker time) — exact time of the Friday close.
New Year Pause
Enable New Year Pause — pauses trading during the New Year period due to low liquidity and unpredictable volatility.
Days to close BEFORE New Year (Dec) — days before Dec 31 when new trades stop.
Days to block AFTER New Year (Jan) — days in January trading stays blocked.
Quick Start Recommendations
| Minimum deposit | 600 USD |
| Account type | Hedging (required); Standard, ECN, Raw, Cent, Micro all supported |
| Account currency | USD, EUR, GBP, JPY, CAD, etc. — set Conversion Pair if not USD |
| Leverage | 1:30 or higher |
| Set file | Not required — defaults are recommended, adjust only Broker Time and Risk Level |
