EA Magic Sand MT5
EA MAGIC SAND MT5
SETTING
Trade Buy - if false then EA will not take any BUY order
Trade Sell - if false then EA will not take any SELL order
Open New Series :- if false EA will not open new series
First Entry
First Entry - TRUE
Reverse Entry 1 - if TRUE EA will take opposite direction trade Example if indicator signal is buy then EA will place sell order for FIRST ENTRY
Fix Distace - distance between each trade for FIRST ENTRY
Second Entry
Second Entry - TRUE
Reverse Entry 2 - if TRUE EA will take opposite direction trade Example if indicator signal is buy then EA will place sell order for SECOND ENTRY
Third Entry
Third Entry -TRUE
Reverse Entry 3 - if TRUE EA will take opposite direction trade Example if indicator signal is buy then EA will place sell order for THIRD ENTRY
((NOTE:- if 1st, 2nd , 3rd entry = true, then EA can open 3 order same time))
Filter Trend
Use Filter Trend = if true EA will TREND for current chart and will place order for that side
Start Lot - manual lot size set by user
Equity Stop
Use Equity Stop = true
Equity Risk in $ = Example if you set 10$ when DD reach to 10$ for same pair , EA will close trade and stop
Dailty Profit target = once EA reach to target EA will stop
DD Alert
DD Alert = true
Max DD in $ = Example if you set 10$ , once DD reach to 10$ or more then EA will start send notification (notification can be send to your phone)
Trailing
Use Trailing Stop = true
Trailing stop = Example 100pip , once EA reach to 100pip + 30 pip , EA will place SL on 100pip
Trailing Step = 30 , EA will keep trail SL by 30 pip
Please note that foreign exchange and other leveraged trading involve a significant risk of loss. This may not be suitable for all investors. It is possible to lose all of your invested capital. You should NEVER invest money you cannot afford to lose. Before trading, please understand the risks involve.