StableTurtleMT5
- Experts
- Version: 1.0
- Activations: 5
Flexible and Customizable Trading EA – User Guide & Parameter Settings
This EA is highly flexible and can be tailored to fit your personal trading style and account size. Below is a comprehensive explanation of all the input parameters.
⚠️ IMPORTANT NOTICE:
Please note the parameter "Force trigger trades in Strategy Tester" must be set to false during live trading. It is only meant to pass the MQL5 Market validation process.
📊 Parameter Definitions:
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InitialLotSize: 0.01 (Initial lot size. Default settings are recommended).
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Stop loss point (0 means no stop loss): 0 (Set according to your needs).
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Profit taking points (0 indicates no profit taking): 0 (Set according to your needs).
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Open stop loss price difference: 0.5 (Default setting is recommended).
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Mobile stop loss price difference: 0.2 (Default setting is recommended).
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Daily profit target: 0 (Set to 0 to disable. If set, EA will stop trading for the day once the target is reached).
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Maximum order quantity (cannot exceed 8): 5 (Maximum number of simultaneous grid orders).
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Exceeding the maximum number of orders is an action to be taken: [NONE / CLOSE_ORDER / LOCK_UP]
(NONE: Do nothing. CLOSE_ORDER: Close all positions. LOCK_UP: Lock the warehouse to prevent further drawdown. Set according to your needs). -
Stop loss threshold: 100
(Account drawdown protection. 100 means no stop loss. For example, if set to 30, the EA will force close all positions when the account equity drops to 70% of the initial balance). -
Operating mode: [Automatic mode (forward) / Automatic mode (reverse) / SELL mode / BUY mode]
(Choose how the EA enters initial trades based on your market bias). -
Market price difference threshold (points): 10
(The EA opens the initial trade when price movement exceeds this threshold. Lower values will trigger more frequent trades. Modifying this parameter is not recommended). -
Whether to automatically adjust the number of hands: true
(If set to false, the balance-to-lot ratio will not take effect). -
Account balance to lot ratio: 15000
(Calculates the initial trade volume based on your account balance and margin). -
Expected margin amount (0.01 lots, 1:1000 leverage): 100
(Used to calculate safe lot sizing based on your leverage). -
Do you want to activate mobile stop loss: false
(If set to true, the EA activates a trailing stop. If set to false, it will directly close all positions once the overall profit target is reached). -
Force trigger trades in Strategy Tester (For Validation): false
(⚠️ CRITICAL: This must be set to false for live trading. It is only used to satisfy the MQL5 Market automated validation process).
⚠️ Trading Recommendations & Risk Disclosure:
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Configuration: It is highly recommended not to modify the default parameters unless you fully understand the underlying logic.
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Recommended Account Size: For stable performance on the M15 timeframe, an account balance of at least $5,000 is recommended.
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Cent Accounts: For smaller capital, you may use a Cent Account to adjust the risk effectively.
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Small Accounts: If your capital is small, it is advised to increase the Market price difference threshold (e.g., higher points) to reduce the frequency of opening orders, focusing only on fixed, strong market movements.
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Minimum Risk Warning: If using a standard US Dollar account, the balance should never be less than $500. Trading below this threshold significantly increases the risk of a margin call or account blow-up.
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Disclaimer: Trading foreign exchange and CFDs carries a high level of risk. Please never risk money you cannot afford to lose.
