LINKS:
Myfxbook portfolio: myfxbook.com/members/Arash_Panahi/pound-swing/11634265
Inputs Explained in Detail
🔒 Trade Risk and Exit Controls
• Method for dynamic or static SL/TPChoose between a fixed or dynamic method to calculate Stop Loss and Take Profit levels.
• Fixed SL value in points
Set a static stop-loss value in points if not using dynamic mode.
• Fixed TP value in pointsSet a fixed take-profit value in points for all trades.
• Additional buffer added to SLAdds extra points to the stop-loss level for safety.
• Additional buffer added to TPAdds additional points to the take-profit level for buffer.
⚙️ Trade Setup and Info Settings
• Unique ID for each EA order
Each EA should have a unique magic number to avoid trade conflicts.
• Custom comment for ordersAdd a tag or note to each order. Useful for tracking or logging.
💰 Capital Allocation and Risk Strategy
• Strategy for lot size calculationSelect between balance-based, fixed lot, or money-based risk strategies.
• Risk per trade in %Defines how much of the account balance is risked on a single trade.
• Fixed lot per tradeUse a consistent lot size per trade regardless of account balance.
• Lot per balance unitDefines how many lots to use per specified account size.
• Lot based on currency amountTrade volume based on the monetary value you’re willing to risk.
• Cap for lot sizeMaximum lot size the EA is allowed to place.
• Minimum lot allowedThe smallest allowed trade volume.
• Reduce lot after losing tradeDecreases the lot size after a loss to manage risk.
📈 Signal Filters and Entry Conditions
• Trade direction allowedDefine if the EA should trade long, short, or both directions.
• Max allowed trades at a timeLimits the number of open trades.
• Max spread allowed for entryPrevents trade entries if spread exceeds this value.
🔁 Symbol Order Restrictions
• Limit to 1 trade per symbolPrevents the EA from opening multiple trades on the same symbol simultaneously.
• Min distance between same-symbol trades (points)Avoids placing orders too close to existing trades.
• Allow simultaneous long/shortPermits the EA to open buy and sell positions at the same time on a single symbol.
🕒 Active Trading Sessions
• EA start time (HH:MM)Start of the daily trading window.
• EA stop time (HH:MM)End of the trading day. No new trades after this time.
• Enable trading on [Weekdays]Use checkboxes to enable trading on specific weekdays.
🧩 Prop Firm Adaptation Tools
• Max DD % before stopping new tradesStops the EA from entering new trades if max drawdown is reached.
• Close all when max DD is hitForce-close all trades when the max drawdown level is triggered.
• Randomize TP/SL for prop firm complianceAdds slight randomness to TP/SL to avoid pattern detection.
• Max daily loss before halting tradesStops trading for the day if this amount is lost.
• Max losing trades allowed per dayStops further trades if this number of losses occurs.
• Pause duration after losing streak (bars)Temporarily halts trading after consecutive losses.
• % target to halt new tradesOnce daily profit target is met, the EA stops placing new trades.
• Close all when target is hitCloses all trades once the profit target is achieved.
🔒 Breakeven Control
• Enable riskfree logicEnables breakeven logic to protect winning trades.
• Distance to start riskfree (points)Trade must be this many points in profit to trigger breakeven.
• Extra pips added for riskfree (points)Adds a few extra points for securing small profit when moving to breakeven.
📉 Martingale Core Settings
• Enable martingale methodTurns on martingale strategy (increase lot after loss).
• Start logic for martingaleSets the condition to begin a martingale sequence.
• TP calculation across martingale tradesChoose how the EA calculates take-profit across a series of martingale trades.
• TP position offset percentOffset for the TP position of the entire martingale group.
📐 ATR-Based Martingale Settings
• ATR lookback periodHow many bars are used to calculate the ATR.
• Multiplier for ATR valueControls the spacing between entries based on market volatility.
• Timeframe for ATR calcTimeframe from which ATR data is sourced.
🎯 Martingale Profit Goals
• Profit type targetSelect whether your profit target is in USD or percentage.
• USD profit before closing martingale seriesWhen this dollar amount is achieved, close all martingale trades.
• % profit before closing martingale seriesCloses the entire series when this percentage of profit is reached.
