Job finished

Execution time 1 minute
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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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Project information

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