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patrickdrew  

Thank you for this.

Inote as default Trailing is disabled??

Is this the best setting?

patrickdrew  
Also.... I have LS set to 0.1 BUT it opens 0.02??
Manh Tuan Bui  
patrickdrew #:
Also.... I have LS set to 0.1 BUT it opens 0.02??
The system has volume adjustment if you set the stop loss (SL) based on candlesticks.

For example, if you set the default stop loss for a 0.1 lot position at 50 pips, but when entering a trade, the SL price is higher than the default SL price, the system will automatically reduce the volume so that the SL value at the time of entry equals the default SL value. The purpose is to protect your capital from losing more than the amount of the set SL for each trade. Given the volatility of XAUUSD today, the volume reduction from 0.1 to 0.02 is understandable.
Manh Tuan Bui  
patrickdrew #:

Thank you for this.

Inote as default Trailing is disabled??

Is this the best setting?

Yes, this setup mode ensures that newcomers will have to familiarize themselves with the system's parameter settings.
patrickdrew  
Manh Tuan Bui #:
The system has volume adjustment if you set the stop loss (SL) based on candlesticks.

For example, if you set the default stop loss for a 0.1 lot position at 50 pips, but when entering a trade, the SL price is higher than the default SL price, the system will automatically reduce the volume so that the SL value at the time of entry equals the default SL value. The purpose is to protect your capital from losing more than the amount of the set SL for each trade. Given the volatility of XAUUSD today, the volume reduction from 0.1 to 0.02 is understandable.
Smart.
patrickdrew  

So I have been using these settings for the past 9 hours. 

Delivered plus 5. 

All trades around 0.02 or 0.03. 

Is this normal?

File:
AUTO.png  33 kb
Manh Tuan Bui  
patrickdrew #:

So I have been using these settings for the past 9 hours. 

Delivered plus 5. 

All trades around 0.02 or 0.03. 

Is this normal?

May be. If you notice that the amount of money lost to stop loss on each trade isn't much more than you anticipated, then it might be accurate. It might need more test for verification.
patrickdrew  
Sadly the losses continue....
Manh Tuan Bui  
patrickdrew #:
Sadly the losses continue....
Be patient. You should run the program on a larger timeframe such as M15 or higher, avoiding smaller timeframes to minimize market volatility.
patrickdrew  
Manh Tuan Bui #:
Be patient. You should run the program on a larger timeframe such as M15 or higher, avoiding smaller timeframes to minimize market volatility.
In your own materials you say M1. 
Manh Tuan Bui  
patrickdrew #:
In your own materials you say M1. 
Oh, the document I created uses the M1 timeframe for convenience, but the program can run on any other timeframe such as M5, M15, H1... It depends on which timeframe you set the chart on MT5 to run on, it will follow that timeframe..
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