Description
manually in the wintertime (when AutoGMT is off, or during backtesting!)
– GMT_OFFSET_Summer -> for setting the GMT Offset manually in the summertime (when AutoGMT is off, or during backtesting!)
– NFP_CloseOpenTrades -> force the EA to close all open trades when NFP starts (X minutes before NFP)
– NFP_ClosePendingOrders -> force the EA to delete all pending orders when NFP starts (X minutes before NFP)
– NFP_MinutesBefore -> how many minutes before the NFP event, to close trades and pending orders
– NFP_MinutesAfter -> how many minutes after the NFP event, before the EA resumes trading again
– Propfirm unique settings -> here you can adjust various entry and exit parameters to make the EA trade differently from other users
– Lotsize Calculation Method -> here you determine how the lotsize should be calculated: Fixed lotsize (Use StartLots), Using Max Risk Per Strategy, or using LotsizeStep
– Startlots -> set the value for fixed lotsize, when that option is chosen. This parameter will be used as “minimum lotsize” when using any of the other 2 options for lotsize calculation
– LotsizeStep -> binds the lotsize to the balance or equity. So LotsizeStep=1000 would mean: 0.01lots per 1000 balance. so a balance of 3000 would run at 0.03lots
– Max Risk Per Strategy -> The maximum loss (in %) when a strategy reaches his maximum historical drawdown. So value “2” would mean maximum 2% loss if the max historical drawdown of that strategy is hit.
– Set Max Daily Drawdown -> Here you can set a maximum allowed daily drawdown (in %). If it is reached, the EA would close all trades and pending orders, and wait for the next day. This is usefull for prop firms
– Use Equity instead of Balance -> use Equity of the account to calculate all lotsize values
– OnlyUp -> this will prevent lotsize to decrease after losses (more aggressive but faster recovery after losses)
– Check for free margin before setting trades -> Use when the EA has problems setting trades on your broker because of low margin, while there is sufficient margin
– AdjustLotsizeToVariableValues -> this will adjust the lotsize to adjusted SL/TP levels (in case Goldprice itself changes a lot)
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