Parameters of the Expert Advisor Open lock 5.24
Selected parameters have been added to version 5.24
Main parameters
- Language - control panel interface language
- Magic number - a unique number of averaging orders. It shall not coincide with the magic numbers of other Expert Advisors.
- Which orders to close - Which type of orders should the Expert Advisor work with. For example, if Only Sell is specified, the EA will close only Sell deals.
- List of magics to be excluded - list of magic orders that will not be taken into account when trading. The list of orders is specified via a semicolon. For example, 10;12;15;27;35. By default, the Expert Advisor works with all trades opened on the symbol.
Options to run
- Start work - when to start working with trades
- At startup - after the start
- By drawdown in account currency - after reaching the drawdown level
- By drawdown on deposit - about achieving a drawdown on the account. The drawdown is calculated as the difference between balance and equity.
- Price cross the level upwards - starts when price crosses the level from bottom to top. The price for launching the Expert Advisor should be higher than the current one.
- Price cross the level downwards - start when price level crosses. The price to launch the Expert Advisor should be lower than the current one.
- Symbol drawdown in currency - the size of drawdown in the deposit currency (it is necessary to specify, if the By drawdown level is selected above).
- Drawdown in percent - the amount of drawdown on the deposit. You should specify if By drawdown on deposit is selected
- Price cross - necessary to specify the price if Price cross the level upwards or Price cross the level downwards is selected
- Stop another advisors - the ability to stop other advisors in this terminal (works only when the drawdown level is reached)
- Not use - do not use this feature
- Close chart with the same symbol (for single currency advisor's) - close charts for the current symbol. Charts of other symbols will not be closed.
- Close all other charts (for multicurrency advisor's) - close all other charts to disable the work of other advisors
- Continue trading - trade mode
- All time - trade constantly
- Stop trading after close grid - stop trading after closing order grid
- Stop opening buy after close grid - stop trading after closing buy orders grid
- Stop opening sell after close grid - stop trading after closing sell orders grid
- Maximal lot in average order (0-not used) - maximum lot, which will be opened by the Expert Advisor in the average order. At 0 lot will not be limited.
- Maximal number average order in one direction (0-not used) - maximum number of averaging orders opened in one direction
- Maximal step (0-not used) - maximum step (in pips), which can be set between averaging orders. At 0, the step will not be limited. It is used only if the dynamic step is enabled.
- Time to open orders - daily time when the Expert Advisor works
- All time - all the time
- Schedule for opening average orders (24H) - by schedule
- From hour - time to start trading, if Schedule for opening average orders (24H) is selected.
- To hour - trade termination time, if Schedule for opening average orders (24H) is selected.
- Action when the risk limit is reached - action when the critical level of available funds is reached (action is triggered 30 seconds after the drawdown)
- Nothing - do nothing
- Locking all positions and stop - lock all positions and stop
- Close all positions and stop - close all positions and stop
- How many second before action will show message - how many seconds to wait before locking or closing orders
- Equity level in currency - level of funds below which actions from the previous parameter will trigger (if 0 - is not used).
- Equity level in percent - drawdown size in percent. If the parameter is higher than 0, and the Action when the risk limit is reached - None, the drawdown size will be displayed in the control panel.
- Settings - how the Expert Advisor will be managed
- Use control panel - from the control panel on the chart
- Use expert inputs - parameters that are specified below in the expert settings. Such mode should be used when working on VPS Metaquotes
