Welcome aboard! Follow these instructions carefully to ensure your trading algorithm operates with peak precision and maximum efficiency.
1. ⚙️ Magic Numbers & Multi-EA Compatibility
Running multiple automated systems on the same MT5 account? No problem at all! Our EA is engineered to operate seamlessly alongside other robots.
- The Golden Rule: Assign a unique Magic Number to each active EA in the input settings.
- This ensures your system tracks, opens, and closes its own trades independently without interfering with other running strategies!
2. ⚡ Simple Symbol & Prefix/Suffix Formatting
Configuring target assets inside EA inputs is completely stress-free:
- Smart Auto-Detection: You do not need to enter broker-specific prefixes or suffixes (such as .m , # , or pro ). The algorithm adapts to your broker's exact naming convention automatically!
- Example: If your broker displays the pair as EURUSD.m , simply enter EURUSD into the input field.
3. 🎯 Finding the Ultimate Setfile & Prop Firm Optimization
- Out-of-the-box Ready: The default settings are pre-optimized and serve as the best all-around configuration.
- Customization: You can fine-tune parameters to match your specific broker's spread and execution speed. Secondary setfiles will be regularly posted in our official channels.
- Prop Firm / Funded Accounts: Managing a funded account? Contact me privately! I will send you a specialized, low-drawdown Prop Firm Setfile customized for strict risk rules.
4. 🎁 Claim Your Exclusive Bonus EA After Purchase!
We love rewarding our traders! Once you've completed your purchase:
- Send me a private message with a screenshot of your purchase confirmation.
- As a special thank-you, I will send over an exclusive Bonus EA absolutely free!
5. 🛠️ Launching Your EA on a Chart
- Total Freedom: You can attach the EA onto any symbol or any timeframe chart! The system detects market context automatically.
- Full Setup Details: View the complete visual guide here: https://www.mql5.com/en/blogs/post/751359
6. 📰 How to Enable the News Filter in MT5
To safeguard your account from news volatility, enable WebRequests:
- Open MT5 and go to Tools ➔ Options (or press Ctrl + O ).
- Click on the Expert Advisors tab.
- Check the box for "Allow WebRequest for listed URL:".
- Add this exact URL: https://nfs.faireconomy.media
- Click OK to save.
7. 📢 Joining Our Exclusive Channels
- MQL5 Official Channel: Join directly via our official link: https://mql5.com/en/channels/jenniferpaolafx
- Private Telegram Group: Send me a private chat message on MQL5 to receive your private Telegram invite link!
8. 🛡️ Risk Management & Recommended Deposit
- Minimum Balance: You can start with as little as $100 USD.
- Risk Recommendation: We strongly advise sticking to Low-Risk settings—consistency and capital preservation always win over aggressive leverage!
9. 🔄 Keeping Your EA Updated
Stay up to date with new feature releases and optimizations:
- Complete Update Instructions: Read the step-by-step update guide here: https://www.mql5.com/en/blogs/post/754548
10. 📊 Backtesting Your Strategy Accurately
Want to run historical simulations before trading live?
- Get Exact Presets: Contact me directly to receive the correct .ini configuration file. Loading this into the MT5 Strategy Tester ensures accurate execution settings, spread modeling, and inputs!
🎛️ Detailed Input Parameter Guide
Allow Trade / EA On — Master Trading Switch
Toggles the EA's master execution engine. Setting this parameter to True empowers the robot to open and close positions automatically. Setting it to False puts the system into monitoring mode only.
Lots Mode — Position Sizing Strategy
Determines how order volumes are calculated. Choose between Fixed Lot sizes or Dynamic/Auto-Risk Lot sizing based on equity and balance.
Fixed Lot Size — Static Volume Control
Defines the explicit lot size used per order whenever Lots Mode is set to fixed sizing. Keeping this value low (e.g., 0.01 ) is recommended for small accounts.
Risk Percent / Auto Lot Risk — Dynamic Money Management
Sets the precise percentage of your account balance allocated to risk per trade. Selecting 1.0 means the lot size adjusts dynamically so a stop-loss represents only 1% of your overall capital.
Maximum Spread (in Points) — Execution Protection
Acts as a safety shield against spread widening during high volatility or rollover. If the market spread exceeds this limit, the EA pauses new trade entries.
Magic Number — Unique System Identifier
A distinct numerical ID assigned to all orders opened by this instance of the EA. Prevents conflicts when trading multiple pairs or running other automated systems.
Trade Comment — Order Tracking Tag
Custom text attached to every trade ticket executed by the EA for easy identification and performance filtering in your history tab.
Max Open Trades / Grid Orders — Exposure Control
Caps the total number of simultaneous active positions the EA can hold open at any given moment to safeguard your account from over-exposure.
Take Profit & Stop Loss Settings — Exit Targets
Specifies the target profit levels and protective stop loss limits (defined in points or pips) applied to open trades, ensuring structured risk parameters.
