Argentum trading robot

Input Description for Argentum Trading Robot

Below is a detailed explanation of all input settings in the Argentum Trading Robot

EA Settings

1. Magic Number:
   • A unique identifier for trades placed by the robot. Default: 12345 .
2. Trade Comment:
   • Adds a comment to trades for identification. Default: Argentum .

Money Management

1. Trade Lot Setting:
   • Determines how trade lot sizes are calculated. Options:
     • Lot size based on account balance.
     • Fixed lot size based on currency amount.
2. Trade risk Percent:
   • Specifies the percentage of account balance to risk per trade. Default: 0.5% .
3. Trade fixed Lot Size:
   • Allows setting a static lot size for all trades. Default: 0.1 .
4. Trade lot per Balance Size:
   • Calculates lot size per balance (e.g., 1 lot for every $1000). Default: 1000 .
5. Trade based on currency value:
   • Fixed lot size based on currency value. Default: 10 .
6. Max lot Size:
   • Sets an upper limit for lot sizes. Default: 10 .
7. Min lot Size:
   • Sets a lower limit for lot sizes. Default: 0.01 .
8. Reduce lot on loss (%):
   • Decreases lot size by a percentage after a losing trade. Default: 0 .

SL and TP Settings

1. Risk Type:
   • Defines whether SL/TP is dynamic or fixed. Default: dynamic .
2. Stop Loss (SL) as ATR Ratio:
   • Sets SL as a multiple of the ATR (Average True Range). Default: 3.8 (-1 to disable).
3. Take Profit (TP) as ATR Ratio:
   • Sets TP as a multiple of the ATR. Default: 3.8 (-1 to disable).
4. Fixed Stop Loss and Take Profit (Points):
   • Allows static SL and TP settings. Defaults: 320 points for both.

Trade Management

1. Maximum Number of Positions:
   • Limits the total number of open trades. Default: 5.
2. Maximum Spread for Trades (Points):
   • Trades are filtered based on the maximum spread. Default: 600 .
3. Trade Direction:
   • Restricts trades to specific directions. Options:
     • buy and sell (default): Allows long and short trades.
4. One Trade Per Signal:
   • Ensures only one trade is opened per signal. Default: true .
5. Allow Hedging:
   • Enables opening opposite trades on the same pair. Default: false .

Trade Timing

1. Trading Hours:
   • Defines the start and end times for trading. Defaults: 00:05 to 23:50 .
2. Weekday Trading:
   • Toggles trading on specific days:
     • Monday: true
     • Tuesday: true
     • Wednesday: true
     • Thursday: true
     • Friday: true .

Prop Firm Customization

1. FTMO Randomizer:
   • Adds random pips to SL/TP for FTMO compliance. Default: false .
2. Close All When Target Hit:
   • Closes all trades when daily profit target is reached. Default: false .
3. Close on Max Drawdown:
   • Closes trades when drawdown exceeds the maximum allowed. Default: false .
4. Max Daily Loss:
   • Sets the maximum daily loss based on account balance. Default: 400 .
5. Max Losing Trades Per Day:
   • Limits the number of daily losing trades. Default: 5 .
6. Max Daily Profit Target (%):
   • Defines the daily profit target in percentage. Default: 0 .
7. Max Drawdown Allowed (%):
   • Stops opening new trades once drawdown reaches the limit. Default: 60 .
8. Pause After Loss (Candles):
   • Suspends trading for N candles after a loss. Default: 0 .

Recovery Zone Settings

1. Enable Recovery Zone:
   • Activates recovery mode. Default: false .
2. Reverse Recovery:
   • Reverses recovery trades. Default: false .
3. Recovery Start Method:
   • Sets the recovery zone distance calculation method. Default: fixed .
4. Increase Room Action:
   • Chooses actions to increase free margin. Default: close biggest lot .
5. Ignore Initial Symbol in Recovery:
   • Skips recovery actions on the current symbol. Default: true .

Recovery Signals

1. Start Recovery Based on Signal:

   • Begins recovery only when a signal is detected. Default: false .

2. RSI Recovery Signal Settings:

   • Timeframe: cuurent timeframe .
   • RSI Period: 14 .
   • RSI Low/High Values: 30 and 70 .
   • Reverse Recovery with RSI: false .

3. Continue Recovery Based on Signal:

   • Continues recovery trades on signal. Default: false .
   • ATR Fast/Slow Periods: 3 and 15 .
   • Signal Sensitivity: 1.5 .

Zone Calculations

1. Fixed Pip Zone:
   • Sets a fixed distance for recovery zones. Default: 100 points.
2. ATR-Based Zone:
   • Timeframe: current timeframe .
   • ATR Period: 14 .
   • Multiplier for ATR Distance: 2.5 .

TP Price Calculation for Recovery

1. TP Multiplier for Same Signal:
   • Multiplies TP based on signal direction. Default: 2 .
2. TP Multiplier for Opposite Signal:
   • Multiplies TP in the opposite direction. Default: 2 .

Recovery Profit Calculation

1. Profit Type:
   • Specifies profit type for recovery (e.g., USD or %). Default: USD or balance % .
2. Recovery Profit (USD):
   • Sets profit target in USD for recovery. Default: 1 .
3. Recovery Profit (%):
   • Sets profit target as a percentage of balance. Default: 0.1 .

Essential Links:

My profile : LINK

Live signal: LINK