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Execution time 1 minute
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RELIABLE
Specification
| Code Parameter | Plain English Description |
|---|---|
| RiskPerTradePct = 1.0 | If AutoLot is enabled, the EA risks 1% of your account balance on each trade. |
| FixedLots = 0.10 | If AutoLot is disabled, the EA will trade with 0.10 lot size every trade. |
| AutoLot = true | When true, lot size is calculated automatically based on risk percentage. When false, it uses FixedLots. |
| SL_Points = 50 | Each trade will use a 50-point stop loss (price distance to close trade if loss occurs). |
| TP_Points = 60 | Each trade will use a 60-point take profit (price distance to close trade when profit is reached). |
| EMA_Fast_Period = 8 | Fast EMA uses 8 periods and is used to detect fast price movement. |
| EMA_Slow_Period = 21 | Slow EMA uses 21 periods; combined with fast EMA it detects crossovers to signal buy/sell. |
| ATR_Period = 14 | ATR indicator uses 14 periods to measure volatility. |
| ATR_Filter_Pct = 0.5 | EA only trades when volatility is low (ATR is less than 0.5% of price). |
| MaxSpreadPoints = 200 | EA will not trade if spread is larger than 200 points. (Avoids bad market conditions.) |
| MaxOpenTrades = 1 | Maximum of 1 open trade at the same time. |
| MaxDailyLossPct = 5.0 | If account loses more than 5% in a day, EA stops trading until next day. |
| TradeLongs = true | Allow EA to open BUY trades. |
| TradeShorts = true | Allow EA to open SELL trades. |
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