Exterior Settings

═══ Quantity Administration Settings ═══

Place sizing methodology

• Kind: Choice from record
• Default: Danger in % for a deal
• Choices:
  • Heaps Min – Minimal lot for the image
  • Fixed lot – Fastened lot
  • Danger in % for a deal – Proportion of steadiness per commerce
• Description: Determines the strategy for calculating buying and selling place quantity. When choosing danger in share, the advisor mechanically calculates place dimension based mostly on the space to Cease Loss and the desired danger share of the steadiness.

Preliminary quantity or danger worth

• Kind: Floating level quantity
• Default: 10.0
• Vary:
  • For Fixed lot mode: from minimal to most lot of the image
  • For Danger in % for a deal mode: from 1.0% to 100.0%
• Description: Base worth for calculating place quantity. When utilizing danger administration, specify the proportion of steadiness you’re prepared to danger in a single commerce (really helpful not more than 10%).

═══ Core Buying and selling Parameters ═══

Timeframe for evaluation

• Kind: Timeframe choice
• Default: PERIOD_CURRENT (present chart timeframe)
• Description: Time interval for analyzing extremes and producing buying and selling alerts. The advisor is really helpful to be used on H1 for XAUUSD.

Cease Loss distance

• Kind: Integer
• Default: 10
• Models: Factors
• Description: Distance from entry worth to Cease Loss degree for loss safety. That is the primary capital safety parameter.

Take Revenue distance

• Kind: Integer
• Default: 325
• Models: Factors
• Description: Distance from entry worth to Take Revenue degree for revenue taking. Determines the goal revenue for every commerce.

Trailing Cease activation distance

• Kind: Integer
• Default: 40
• Models: Factors
• Description: Minimal revenue in factors at which trailing cease is activated. Set 0 to fully disable the trailing perform.

Trailing Step motion

• Kind: Integer
• Default: 5
• Models: Factors
• Description: Step at which Cease Loss will comply with the worth when shifting in a worthwhile course. The smaller the worth, the tighter the trailing follows the worth.

Most allowed lot

• Kind: Floating level quantity
• Default: 1000.0
• Description: Most lot dimension for a single commerce. Set 0 to take away the restriction. This is a crucial safety towards extreme place quantity enhance.

═══ Pending Orders Configuration ═══

Order expiration time

• Kind: Integer
• Default: 600
• Models: Minutes
• Description: Lifetime of pending orders in minutes. After this time, unfilled orders will likely be mechanically deleted. Set 0 to create indefinite orders.

Worth indent for pending orders

• Kind: Integer
• Default: 15
• Models: Factors
• Description: Distance from the native excessive at which the pending order will likely be positioned. Helps keep away from false breakouts and improves entry high quality.

Most unfold filter

• Kind: Integer
• Default: 12
• Models: Factors
• Description: Most allowable unfold for putting pending orders. If the present unfold exceeds this worth, new orders usually are not positioned. That is safety towards buying and selling in unfavorable market situations.

Evaluation window

• Kind: Integer
• Default: 11
• Minimal: 3
• Models: Variety of bars
• Description: Variety of latest candles for figuring out native extremes. The bigger the worth, the extra vital and “distant” help/resistance ranges will likely be used for putting orders.

Order sort at most

• Kind: Choice from record
• Default: Purchase cease
• Choices:
  • Promote restrict – Pending promote order (entry on pullback to most)
  • Purchase cease – Pending purchase order on upward breakout
• Description: Determines the kind of pending order that will likely be positioned on the higher boundary of the worth vary (native most).

Order sort at minimal

• Kind: Choice from record
• Default: Promote cease
• Choices:
  • Purchase restrict – Pending purchase order (entry on pullback to minimal)
  • Promote cease – Pending promote order on downward breakout
• Description: Determines the kind of pending order that will likely be positioned on the decrease boundary of the worth vary (native minimal).

═══ Superior Choices ═══

Show Information Panel

• Kind: Boolean (true/false)
• Default: true
• Description: Allows/disables the show of an info panel on the chart with detailed advisor operation statistics: account info, open positions, pending orders.

Allow detailed logging

• Kind: Boolean (true/false)
• Default: true
• Description: Allows detailed output of advisor operation info to the terminal journal. Helpful for diagnostics and debugging, however might decelerate operation with a lot of operations.

Freeze degree coefficient

• Kind: Integer
• Default: 3
• Description: Multiplier for calculating the minimal allowable distance to cost when modifying orders and positions. Used to adjust to dealer necessities for freeze ranges.

Slippage tolerance

• Kind: Integer
• Default: 10
• Models: Factors
• Description: Most allowable deviation of execution worth from requested. If slippage exceeds this worth, the order is not going to be executed.

Magic quantity identifier

• Kind: Integer
• Default: 98741
• Description: Distinctive identifier for all orders and positions of the advisor. Permits distinguishing trades of this advisor from different EAs and handbook buying and selling on the identical account.

═══ Visible Rectangle Settings ═══

Show worth vary rectangle

• Kind: Boolean (true/false)
• Default: true
• Description: Allows visualization of the lively worth vary on the chart. The rectangle shows the zone between the present native most and minimal used for putting orders.

Rectangle shade

• Kind: Colour
• Default: clrGainsboro (gentle grey)
• Description: Colour of the worth vary rectangle borders on the chart.

Rectangle line type

• Kind: Line type
• Default: STYLE_DASH (dashed)
• Choices: Stable, dashed, dotted, and so on.
• Description: Show type of the vary rectangle borders.

Rectangle line width

• Kind: Integer
• Default: 3
• Models: Pixels
• Description: Thickness of rectangle strains in pixels. The bigger the worth, the extra noticeable the rectangle will likely be on the chart.

Fill rectangle with shade

• Kind: Boolean (true/false)
• Default: false
• Description: Allows filling of the internal space of the rectangle with shade. When set to true , the vary space will likely be full of a semi-transparent shade.

Attract background

• Kind: Boolean (true/false)
• Default: false
• Description: If set to true , the rectangle will likely be drawn underneath the worth chart and won’t cowl candles.

Enable choice

• Kind: Boolean (true/false)
• Default: false
• Description: Permits choosing and shifting the rectangle with the mouse. When set to false , the item can’t be by chance moved or deleted.

Working Precept

Buying and selling Algorithm

1. Excessive Evaluation
   • The advisor analyzes the final N bars (decided by the “Evaluation window” parameter)
   • Determines the utmost and minimal worth on this vary
   • Varieties a worth hall between native extremes
2. Inserting Pending Orders
   • Pending orders are positioned on the hall boundaries (considering the “Worth indent for pending orders” offset)
   • Order sort is decided by the “Order sort at most” and “Order sort at minimal” settings
   • Orders are positioned provided that the present unfold doesn’t exceed the “Most unfold filter” worth
3. Order Execution
   • When a degree is damaged, the pending order is activated and a place is opened
   • Cease Loss and Take Revenue are mechanically set in response to settings
   • All earlier unfilled pending orders are deleted
4. Place Administration
   • When revenue equal to “Trailing Cease activation distance” is reached, trailing cease is activated
   • Cease Loss mechanically follows the worth with the “Trailing Step motion” step
   • Place is closed by Cease Loss, Take Revenue, or trailing cease

Safety Mechanisms

1. Most lot limitation – the “Most allowed lot” parameter prevents opening excessively massive positions
2. Unfold filter – the “Most unfold filter” parameter prevents buying and selling with widened unfold
3. Freeze degree examine – computerized compliance with dealer necessities when modifying orders

Data Panel

When the “Show Information Panel” choice is enabled, an in depth info panel with present knowledge is displayed on the chart:

⚙ Account Information

• Stability: Present buying and selling account steadiness
• Fairness: Present funds (steadiness + floating revenue/loss on open positions)
• Free Margin: Free margin out there for opening new positions

📊 Open Positions

• Whole P/L: Whole floating revenue/loss on all positions in deposit forex and share of steadiness
• Purchase Positions: Quantity and whole quantity of lengthy positions
• Promote Positions: Quantity and whole quantity of brief positions

📋 Pending Orders

Shows the variety of pending orders of every sort:

• Purchase Restrict: Purchase orders under present worth
• Promote Restrict: Promote orders above present worth
• Purchase Cease: Purchase orders above present worth
• Promote Cease: Promote orders under present worth

The panel updates in real-time and helps monitor the present buying and selling state.

Utilization Suggestions

Optimum Settings for XAUUSD (Gold) on H1

Common Suggestions

1. Obligatory Testing
   • Take a look at the advisor on a demo account for at the very least 1 month
   • Guarantee steady operation on historic knowledge
   • Examine habits in varied market situations
2. Deposit Necessities
   • Minimal really helpful deposit: $1000
   • For snug buying and selling: $3000-5000
   • Guarantee you’ve got enough free margin
3. Danger Administration
   • Don’t set “Preliminary quantity or danger worth” above 10% in danger mode
   • At all times use the “Most allowed lot” parameter to restrict most quantity
   • Don’t commerce cash you can not afford to lose
4. Dealer Choice
   • Select a dealer with slim unfold on XAUUSD (lower than 20 factors on common)
   • Guarantee high quality order execution with out requotes
   • Confirm that the dealer permits using automated buying and selling methods
5. Technical Necessities
   • VPS is really helpful for uninterrupted 24/7 operation
   • Guarantee steady web connection
   • Often examine the terminal journal for errors
6. Monitoring
   • Use the data panel to watch account standing
   • Often examine open positions and pending orders
   • Preserve statistics of outcomes for effectivity evaluation

Necessary Notes

⚠️ RISK WARNING:

Buying and selling in monetary markets, together with foreign exchange and CFD on valuable metals, carries a excessive degree of danger and may result in the lack of all invested capital. Use solely funds whose full loss you’ll be able to afford with out hurt to your monetary scenario.

⚠️ RESPONSIBILITY:

The writer and developer of the advisor usually are not liable for any losses incurred on account of utilizing this software program. Previous outcomes don’t assure future profitability.

⚠️ BROKER VERIFICATION:

Earlier than utilizing the advisor, ensure that:

• Your dealer permits using automated buying and selling methods
• There are not any particular restrictions on robotic buying and selling
• Order execution high quality meets the necessities of algorithmic buying and selling

Continuously Requested Questions (FAQ)

Q: What devices can the advisor be used on?

A: The advisor is optimized for XAUUSD (gold) on the H1 timeframe, however can work on different devices after applicable parameter optimization.

Q: Why would not the advisor open positions?

A: Examine the next:

• Present unfold doesn’t exceed the “Most unfold filter” worth
• A worth vary rectangle is displayed on the chart
• There are not any error messages within the terminal journal
• There’s enough free margin to open a place

Q: How typically are pending orders up to date?

A: Pending orders are up to date when native extremes change inside the evaluation window.

Q: Can a number of copies of the advisor be used on one account?

A: Sure, however be sure you set completely different values for the “Magic quantity identifier” parameter for every occasion of the advisor.

Q: Does the terminal should be saved consistently operating?

A: Sure, for steady operation of the advisor, the terminal have to be operating 24/7. VPS utilization is really helpful.