Supply and Demand Price Action MT5 EA

• Trade Lot Size (default: 0.01): The initial volume (in lots) for each trade. This controls position sizing; smaller values reduce risk, while larger ones increase it. Example: Set to 0.01 for micro accounts or 0.1 for standard accounts, depending on your broker's lot step and account balance.
• Enable Automated Trading (default: true): Toggles whether the EA can open and manage trades automatically. Set to false to use the EA only for zone visualization without executing orders. Example: Disable this during backtesting if you want to observe zones without simulated trades.
• Enable Trailing Stop (default: true): Activates dynamic stop-loss adjustment as trades become profitable. This helps lock in gains but may close positions prematurely in volatile markets. Example: Enable for trending markets; disable in ranging conditions to avoid whipsaws.
• Trailing Stop Points (default: 30): The distance (in points) the stop-loss trails behind the current price once activated. Example: A value of 30 means the SL moves 30 points behind the bid/ask when profitable, securing at least that much profit.
• Minimum Trailing Points (default: 50): The minimum profit (in points) a trade must reach before trailing begins. This prevents early trailing in small moves. Example: Set to 50 to ensure trailing only starts after a trade is up by at least 50 points.
• Magic Number (default: 12345): A unique identifier for the EA's trades, allowing multiple EAs on the same account without interference. Example: Use different numbers like 12345 for EURUSD and 54321 for GBPUSD if running on multiple charts.
• Consolidation Bars (default: 5): The number of bars required to form a consolidation range for zone detection. Higher values create stronger zones but fewer signals. Example: Set to 5 for shorter timeframes like M15; increase to 10 for H1 to filter noise.
• Maximum Consolidation Spread (Points) (default: 100000000000000): The max price range (in points) allowed during consolidation. Very high defaults effectively disable this filter; lower to restrict to tighter ranges. Example: Set to 50 for volatile pairs like GBPJPY to avoid wide, unreliable zones.
• Stop Loss Distance (Points) (default: 200): The fixed distance below demand zones or above supply zones for stop-loss placement.
• Take Profit Distance (Points) (default: 400): The fixed distance for take-profit targets from entry. Typically set to a multiple of SL for positive risk-reward. Example: 400 points aims for 2:1 RR with a 200-point SL.
• Minimum Move Away Points (default: 50): The required price distance away from a zone after breakout before it's considered "ready" for retest trades. This confirms momentum.
• Delete Broken Zones from Chart (default: false): If true, removes broken zones from the chart visually. Useful for clean charts but may hide historical data. Example: Enable if you prefer uncluttered visuals; disable to review past breaks.
• Delete Expired Zones from Chart (default: false): If true, removes zones after their extension period ends. Helps manage chart objects. Example: Enable on lower timeframes where zones expire quickly.
• Zone Extension Bars (default: 150): How many future bars to extend zone rectangles to the right on the chart. Example: 150 bars keeps zones visible for about a day on M15; adjust based on timeframe.
• Enable Impulse Validation (default: true): Requires a strong (impulsive) move after breakout to confirm a zone. Disables false breakouts but may miss some zones. Enable for higher accuracy; disable for more frequent zones in ranging markets.
• Impulse Check Bars (default: 3): Number of bars after breakout to check for the impulsive move. 3 bars looks at immediate follow-through; increase or decrease for stricter validation.
• Impulse Multiplier (default: 1.0): Multiplier applied to the zone range to set the impulse threshold (e.g., price must move at least this multiple away). Example: 1.0 requires a move equal to the zone size; 2.0 demands double for stronger confirmation.
• Mode for Trading Tested Zones (default: NoRetrade): Controls re-trading after a zone tap. Options: NoRetrade (once only), LimitedRetrade (up to max trades), UnlimitedRetrade (any valid tap). Example: Use LimitedRetrade with max 2 for multiple entries in strong zones.
• Maximum Trades per Zone (default: 2): Limit for re-trades in LimitedRetrade mode. Example: 2 allows two taps before ignoring the zone and considering it weak.
• Mode for Broken Zones (default: AllowBroken): Handles zones pierced on the opposite side. AllowBroken marks them invalid; NoBroken ignores breaks and keeps trading. Use AllowBroken for realistic invalidation; NoBroken for aggressive strategies.

Zone Colors:

• Untested Demand Zones (default: Blue): Color for fresh demand rectangles.
• Untested Supply Zones (default: Red): Color for fresh supply rectangles.
• Tested Demand Zones (default: Blue Violet): Color after a demand zone is tapped.
• Tested Supply Zones (default: Orange): Color after a supply zone is tapped.
• Broken Zones (default: Dark Gray): Color for invalidated zones.
• Label Text (default: Black): Color for zone text labels. Change to white for dark chart backgrounds.

Zone Size Restrictions:

• Zone Size Mode (default: NoRestriction): Controls zone width filters. NoRestriction allows any; EnforceLimits applies min/max. EnforceLimits to avoid tiny or huge zones in volatile pairs.
• Minimum Zone Points (default: 50): Smallest allowed zone size (in points) if enforced.
• Maximum Zone Points (default: 300): Largest allowed zone size (in points) if enforced.

Trend Confirmation:

• Trend Confirmation Mode (default: NoConfirmation): Requires trend alignment before trades. NoConfirmation ignores; ConfirmTrend checks recent bars.
• Trend Lookback Bars (default: 10): Bars to assess trend direction if confirmation enabled.
• Minimum Trend Points (default: 1): Min price change (in points) over lookback to confirm trend. 1 point ensures minimal bias; increase for stronger trends.