Description of the “Emperor” Advisor’s Parameters (Part 1)

Description of the “Emperor” Advisor’s Parameters (Part 1)

5 September 2026, 05:09
Aleksandr Valutsa
0
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Setting up a trading advisor - a complete guide

Terminal setup

Before running the advisor, add the following URLs to the section   Advisors   terminal:

Activating the Advisor

License (License_ID)

License key number. When purchased from the MQL5 Market, this parameter is inactive and can take any value.

Key   generated automatically upon payment   On the developer's website. A link to your personal page with the key is sent by email, and the key is also available in your personal account on the website.

  • Named license   — works on any account registered in your name (except for the demo, since the demo can be opened in any name).
  • Numbered license   — can be issued for any type of account, including demo.

Donation (Vk_Token)

A VKontakte social network token for verifying subscriptions to closed communities as a donor. Grants the right to use the advisor. The activation method may be unavailable.

Automatic setup (Code_Token_Subscription)

Remote reconfiguration system. Enter the configuration code or the Telegram bot token. The advisor downloads the latest settings and reconfigures itself automatically—even daily.

At   rent   advisor or use   affiliate program   The field must be empty (the service is included in the package).


Coalition of currency pairs

Choice_Coalition

Coalition mode between currency pairs:

Meaning Description
Coalition_Off Not used
Coalition_Direct Only a parallel coalition
Coalition_Cross Also a cross-coalition
Coalition_All Any coalition

Example of a parallel coalition:   EURUSD and GBPUSD share a common USD section. If the EA opens a buy trade on EURUSD, it considers a sell trade on GBPUSD. When the USD exchange rate fluctuates, the balance remains the same—one pair experiences a drawdown, the other gains.

Example of a cross-coalition:   EURUSD and USDJPY. When buying EURUSD, the EA also looks for buying opportunities on USDJPY to hedge the USD.

The coalition can operate between multiple terminals on the same or different devices—via the internet using the FTP protocol (requiring additional terminal and server configuration). Within a single terminal, simply enabling the function is sufficient.

Symbol_Coalition

The data processing queue number (from 1 to 10) for exchange between terminals. At each subsequent terminal, the number must be one higher than the previous one. If this number is interrupted, the processing chain is interrupted.


Automatic selection of files with settings

Auto_Selection

Meaning Description
Drive_Off Not used
Drive_Selection Automatic file selection
Drive_Turbo Turbo mode with all files included

In turbo mode, the advisor operates on a carousel principle—it cycles through all available file folders and is capable of opening multiple positions in different directions on different pairs.

Selection_Profit

A fixed amount for the forward testing report sheet, below which configuration files are not accepted for selection.

Selection_Time

File upload order:   1   — the leader (the countdown starts from him and is reset on him), then   2 ,   3 ,   4 ... to   60 .

This is needed to distribute files between advisors in different terminals. If the first robot (leader) accepts settings #10, the next terminal starts with #11, and so on.


Server file download manager

DS_Server

Meaning Description
Server_Off Not used
Download_Server Automatic download of files from the developer's server (code needed in   Code_Token_Subscription (reset every 3 hours)
Send_Server Send files to your server via FTP for subsequent download by an advisor from anywhere in the world

Any user can download files from your server - just specify the server address in the terminal settings and the code in   Code_Token_Subscription. The code is generated automatically when the strategy tester is launched in optimization mode; codes are not repeated. This allows you to set up a paid subscription to settings files.

Broker_TF

Periods available for download: all existing in the terminal or a specific one.   PERIOD_CURRENT   periods are sorted taking into account the parameter   Period_TF , otherwise - one specified period (search is faster).

Period_TF

A filter for selectively downloading settings by period. This saves time—otherwise, the robot tries to download files for all periods. Periods are specified by separating them with a slash:

text

1=M1, 2=M5, 3=M15, 4=M30, 17=H1, 20=H4, 24=D1, 25=W1, 26=MN, 10=M2, 11=M3, 12=M4, 13=M6, 14=M10, 15=M12, 16=M20, 18=H2, 19=H3, 21=H6, 22=H8, 23=H12

At the same time   Broker_TF   must be equal   PERIOD_CURRENT .

Broker_List

Search for symbols to load: from the broker's offerings or from a specified list. Local search reduces search time. Pairs are specified by separating them with a slash:

EURUSD/USDJPY/USDCHF/GBPUSD/USDCAD/ NZDUSD/AUDUSD/EURGBP/EURCHF/EURJPY/ AUDCAD/CADJPY/CADCHF/AUDCHF/AUDNZD/ EURCAD/EURAUD/NZDJPY/EURNZD/GBPJPY/ NZDCHF/GBPNZD/GBPCHF/NZDCAD/AUDJPY/ CHFJPY/GBPAUD/GBPCAD/XAUUSD/XAGUSD/


Loading files into the advisor parameters

Auto_Set

When enabled, the Expert Advisor creates and loads settings files upon startup. Disable this option if you don't want to trade with the preset settings (they are primarily intended for demonstration purposes in the strategy tester and become outdated over time).

Download_Files

Trading with a file-based settings system. The robot is launched on a single chart, and trading is conducted in multi-currency mode—usually from 1 to 30+ pairs (maximum 201 pairs included). The robot prevents deposit overload and can operate from $100.

Symbol_Filter

When turned on, the robot loads settings only for pairs from the list   Broker_List . The list can be modified, separators are required.   / .

The more pairs, the higher the load on the terminal and computer/VPS. When running 10+ terminals, make sure the server can handle it. If not, the advisors will be forcibly unloaded, but when you return to the charts, they will reliably find their positions and continue monitoring them.

Hierarchy of settings files

Structure:   Group   ( Folder_Group ) →   Strategy   ( Folder_Number ) →   Settings   ( Magic_Number ) →   File number   ( Expert_Number ).

Parameter Purpose
Folder_Group Folder group (A, B, C... Z). Combines combinations of settings with different signal filters.
Folder_Number The number of the folder containing the files. This is set during optimization and is used to search for the set.
Magic_Number Position identifier and initial subfolder number. Set during optimization; subsequent folders are numbered in ascending order.
Expert_Number Advisor ID to distinguish positions when running multiple copies in one terminal

Different_Magic

When enabled, position identifiers are not repeated: to   Magic_Number   the file's serial number is added, for example   (1)1 ,   (1)2 ,   (1)3 ...   Magic_Number   acts as a prefix.

Important:   parameter   Different_Magic   incompatible with   TotalPass   - when optimizing with   TotalPass   The file order is not respected and the robot will lose control over a number of positions. To disable   TotalPass   set it equal to zero.


Blocking and deleting obsolete files

Parameter Description
Delete_File When turned on, the robot deletes files older than   Max_Time_File   days (from the optimization completion date). Files cannot be overwritten—they are deleted manually, automatically upon expiration, or updated from the server.
Max_Time_File Files expire in days. After this period, opening of initial positions is suspended, averaging continues until all series are closed, and then trading ceases.   0   — not used

Allocation of funds and risk limitation

Basic parameters

Parameter Description
Account_Balance If > 0, the virtual balance is used for lot calculations and loss limits; otherwise, the real balance is used. Useful when running multiple copies of the advisor on a single account.
History_Datetime Calculates profit/loss for a specified number of days (e.g. 30 for the last 30 days). The value is added to   Virtual_Account_Balance .   0   — not used
Minimum_Account_Balance Minimum funds for trading. If the balance is lower, trading is suspended until a deposit is made.   0   — not used
Stop_Trade_All When turned on - when the balance falls below   Minimum_Account_Balance   All pairs are blocked; otherwise, only the pair for which the virtual balance has fallen below the threshold is blocked. Only works when   Minimum_Account_Balance   > 0

Stop Loss on a Single Pair

Parameter Description
Total_Balance_Risk_One The percentage of drawdown at which all positions with the specified values are closed   Expert_Number   And   Magic_Number .   0   — not used
Broker_Stop_Loss When enabled, the stop loss is fixed on the broker's side and is adjusted when opening new positions so that the total loss does not exceed the specified percentage.

Stop Loss on All Pairs

Parameter Description
Total_Balance_Risk_All The percentage of drawdown from the real balance at which all positions with the specified balance are closed   Expert_Number .   0   — not used
Mode_Balance_Real When enabled, the calculation is based on the real balance, otherwise - on the virtual one   Account_Balance

Advisor blocking in case of dangerous deposit decrease

Parameter Description
Total_Close_Stop The number of losing streaks after which the advisor is blocked.   0   — not used
Total_Close_Risk The percentage of the deposit at which the series is considered critically unprofitable when closed
Stop_Time_Reset Reset data and unlock by time (in hours).   0   — not used
Balance Reset Unblocking upon balance replenishment.   false   — not used
New_Files_Update Unlock when updating settings files (expiry date less than 24 hours).   false   — not used

There's also a manual reset button on the chart. Restarting the terminal doesn't reset the data.


Trading history analysis and blocking

Parameter Description
Trade_Loss_History Number of losing trades per period   Select_Loss_History , after which trading is suspended. It resumes when trades become stale and are no longer counted.
Select_Loss_History The period for accounting for unprofitable transactions in days (for example, 30 - transactions older than 30 days are not taken into account)
Stop_All_Symbol When enabled, if the loss limit for any symbol is exceeded, all pairs are blocked.
Stop_All_Magic When enabled, position analysis is performed without taking into account identifiers.

Limiting the number of pairs traded simultaneously

Count_Symbol_Max

The number of pairs traded simultaneously taking into account   Count_SMT . Calculated by currencies, not by positions: 2 positions for EURUSD + 3 for GBPUSD = 2 pairs.

Count_SMT

Meaning Accounting
Count_Symbol By symbol
Count_Symbol_Magic By symbol and magician
Count_Symbol_Magic_Type By symbol, magician and type

Synchronous_Trading

When working with multiple copies in one terminal: when disabling a position   Count_Symbol_Max   are counted separately (taking into account   Expert_Number ), otherwise - together.


Control of the number of positions

Parameter Description
Count_Trades_Symbol_Max A limit on positions for one pair, after which trading on other pairs is suspended until the drawdown series is closed.
Control_Positions Identification of positions based on the "friend or foe" principle. When critical parameters change ( Expert_Number ,   Magic_Number   (or excluding pairs) unrecognized positions are displayed in red, and trading is suspended until they are closed. Works in conjunction with   Count_Trades_Symbol_Max

Blocking new series during drawdown

  • Drawdown_Max   — a drawdown as a percentage of the deposit, above which the opening of new positions (except averaging ones) is suspended.

Distance between positions

Parameter Description
Dist_Price Minimum distance between first positions regardless of identifiers
Dist_Price_After Compliance   Dist_Price   for second and subsequent positions

Control of trade direction

  • Direction_Control   — when enabled, the robot does not open opposite positions for one pair, taking into account the identifier.

Early exit from the market

Parameter Description
Max_Total_Exit The maximum number of positions, upon reaching which the advisor closes the series with a profit   Exit_Profit
Exit_Profit Profit size for early closure when triggered   Max_Total_Exit
Exit_Range When turned on, automatic setting of optimization values (start/step/stop)
Exit_Total_Range Optimization values for   Max_Total_Exit   through   /   (For example,   7/1/10 ). Only with   Exit_Range   And   Auto_Set_Default
Exit_Profit_Range Optimization values for   Exit_Profit . Only with   Exit_Range   And   Auto_Set_Default

Money management

Parameter Description
Risk If > 0, the lot is automatic. Formula:   Risk = (Risk += Lot)   for each balance gradation. For example,   Risk=100,   Lot=0.01 : $100 → 0.01, $200 → 0.02, $300 → 0.03
Lot If   Risk=0   - fixed lot, otherwise it is calculated automatically
Lot_Exponent Lot multiplication coefficient for averaging positions
Max_Lots Maximum lot; when reached, it stops multiplying and is fixed
Lot_Exponent_Range Optimization values for   Lot_Exponent . Only with   Auto_Set_Default

Spread and slippage

  • Max_Spread   — the maximum allowable spread.
  • Max_Slippage   — maximum permissible slippage.

Take profit

Market take profit

Parameter Description
Take_Profit Market take profit.   0   — not used
Take_Profit_Range Optimization values for   Take_Profit . Only with   Auto_Set_Default

Virtual take-profit/stop-loss

  • Virtual_TP_SL   — when enabled, stop-loss and take-profit are stored in the advisor's memory and are not transmitted to the server.
  • Close_Inverse   - closing opposite positions along with the directed ones upon reaching SL/TP. Only with   Virtual_TP_SL .

Market stop-loss

Parameter Description
Stop Loss Market stop loss.   0   — not used
Stop_Loss_Range_Set Flag for enabling automatic setting of optimization values
Stop_Loss_Range Optimization values for   Stop_Loss . Only with   Auto_Set_Default

Averaging positions

Parameter Description
Martingale Averaging positions
Dynamic_Pips Dynamic distance between positions
Default_Pips Fixed distance (if   Dynamic_Pips   turned off)
Depth_History History depth for dynamic distance calculation
Sep_Channel Dynamic distance division factor
Max_Trades Maximum positions for each individual strategy
Limit_Orders Maximum positions in the terminal (total number, regardless of identifiers)
Max_Trades_Range Optimization values for   Max_Trades . Only with   Auto_Set_Default

Early closure by time

Parameter Description
Expiration_Seconds When turned on, the lifetime is in seconds, otherwise in hours
Max_Trade_Open Position lifetime. Minimum: 660 seconds; for shorter values, a 660-second request is sent to ensure broker-side closure + an internal countdown for forced closure.
Min_Profit Minimum floating profit to close at expiration. Can be negative.
Exp_Time_Prof Decrease permission flag   Min_Profit   for frozen positions
Exp_Time_Prof_Max Maximum reduction factor   Min_Profit . For example:   Min_Profit=-10%,   Max_Trade_Open=24h, coefficient=2 → after 48 hours the threshold will be -20%, and will not decrease further
Exp_First_Break When enabled, expiration is calculated from the last position; otherwise, it's calculated from the first. This has a dramatic impact on trading.
Max_Trade_Open_Range Optimization values for   Max_Trade_Open . Only with   Auto_Set_Default
Min_Profit_Range Optimization values for   Min_Profit . Only with   Auto_Set_Default

Trading session time

Parameter Description
Open_Hour   /   Open_Min Hour and minute of the session start
Close_Hour   /   Close_Min Hour and minute of session end
Your_Time_Zone Manual time shift. If you trade with the same broker whose quotes the EA was optimized on,   0 . Otherwise - shift to fit the optimization broker's server time

Example:   The advisor is optimized for RoboForex (17:00), and for the current broker it’s 20:00 → a shift of -3 hours.

Parameter Description
Trade_Wednesday Wednesday Trading (Triple Swap Day)
Trade_Friday Trading on Friday (before the end of the week)
Trade_End_Year_Month Trading on the last day of the month and 7 days before the New Year
Open Hour Range Optimization values for   Open_Hour . Only from   Auto_Set_Default
Close_Hour_Range Optimization values for   Close_Hour . Only from   Auto_Set_Default
Use_Min_Profit_Close When enabled, early closure taking into account   Min_Profit ; otherwise, with the current profit (including negative), which may lead to unjustified losses
Close_Time Closing positions after the session taking into account   Min_Profit   - to avoid large losses when closing hastily
Friday_Close Early closing on Friday taking into account   Use_Min_Profit_Close

Trailing stop

Parameter Description
Use_Trailing_Stop Trailing_Off   — not used;   Trailing_On_2   - without transfer to breakeven;   Trailing_On_4   — with transfer to breakeven
Open_Bar_Trailing Trailing only at opening prices
Price_Next_Bar Trailing starts after the current bar closes (only in the mode   Trailing_On_2 )
Trail_Start Start of trailing stop
Trail_Stop Trailing stop step
No_Loss Transfer to breakeven (only   Trailing_On_4 )
Min_Profit_No_Loss Breakeven level (only   Trailing_On_4 )
Trailing_Range Flag for auto-setting optimization values for   Trail_Start   And   Trail_Stop
Trail_Start_Range Optimization values for   Trail_Start . Only with   Auto_Set_Default
Trail_Stop_Range Optimization values for   Trail_Stop . Only with   Auto_Set_Default

Order type

Order_Type

Meaning Description
Buy_Sell Urgent positions (market)
Buy_Sell_Stop Stop Pending Orders
Buy_Sell_Limit Pending Limit Orders

Order_Price

Price for placing pending orders:

  • (Ask/Bid +-) Order_Distance   — current price ± distance
  • (Fractal +-) Order_Distance   — fractal price ± distance
  • (ZigZag +-) Order_Distance   — zigzag price ± distance

Additional order parameters

Parameter Description
Order_SL_Moment Instant stop-loss placement along with a pending order; otherwise, only after triggering
Dist_Price_Modify Constant modification of pending orders following the price (for news trading)

Distance of pending orders

Parameter Description
Order_Distance Distance from the target price for placing orders
Min_Dist_Order_History Prohibition of re-installing orders at broken levels for N days.   0   — not used
Auto_Set_Distance Flag for auto-setting optimization values for   Order_Distance
Order_Distance_Range Optimization values for   Order_Distance . Only with   Auto_Set_Default

Indicators

Fractals

  • Fractal_Count   — fractal index.

Zigzag

Parameter Description
Inp_Depth Depth indicator
Inp_Deviation Indicator deviation
Inp_Step Step indicator

Deleting pending orders

By time

Parameter Description
Order_Time_Seconds When turned on, the lifetime is calculated in seconds, otherwise in hours
Order_Time Lifetime of pending orders
Auto_Set_Time_Seconds Flag for auto-setting optimization values for   Order_Time
Order_Time_Range Optimization values for   Order_Time . Only from   Auto_Set_Default

According to the terms

Parameter Description
Del_Orders_Time Deletion after the end of the trading session
Del_Orders_Spread Removal when the maximum spread is exceeded
Del_Orders_Signal Removal upon return signal from indicator block
Del_Orders_Level Deletion when changing the extreme level of a fractal or zigzag

Important note

Parameters marked with asterisks (***) are changed when loading settings files. The remaining parameters are   personal   and are changed at the user's discretion. Personal parameters do not affect the quality of transactions, but they can change the deposit load.

Detailed description of the parameters

Emperor Expert Advisor page in MQL5 Market