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Main settings:
Open trades
· Open trades with: Breakout Edge or Trend Pro
o Settings:
o Breakout Edge
§ Period
§ Range Filter
§ Take profit Factor
§ Maximum history bars
§ Minimum success rate %
o Trend Pro
§ Period
§ Range Filter
§ Take profit Factor
§ Maximum history bars
§ Minimum success rate %
FILTERS
· Use Trend Pro to filter trades
o Select timeframe:
§ Current
§ M1, M5, M15, M30, H1, H4, D1
· Use Breakout Edge to filter trades.
o Settings:
§ Use Exit Edge as Fillter or to close trades
· When using it to filter, the Breakout Edge will only open trades if last signal from the Exit Edge is on the oposite drection. Example: last signal from Exit Edge is sell (normal or Strong), signal from Breakout Edge is BUY, then open trade. If last signal from Exit Edge is exit buy and Breakout Edge signal is sell, enter sell trade.
§ Buy Rules:
· Exit Edge - Exit sell signal (strong or normal). Prepare to trade
· Breakout Edge - wait for Buy signal
§ Sell Rules:
· Exit Edge - Exit buy signal (strong or normal). Prepare to trade
· Breakout Edge - wait for Sell signal
· Use Stochastics to filter trades
o Stochastics - Default (5,3,3)
§ Buy Rules
· 1. Trend Pro is Uptrend (GREEN)
· 2. Stoch < 20
§ Sell Rules
· 1. Trend Pro is Downtrend (RED)
· 2. Stoch > 80
· Use EMA (Exponencial moving Average) to filter trades
o Buy Setup
§ 1. Breakout Edge Buy Signal
§ 2. Signal Above X EMA
o Sell Setup
§ 1. Breakout Edge Sell Signal
§ 2. Signal Below X EMA
· Use MA (Moving Average) to filter trades
o Buy Setup
§ 1. Moving Average – Market is above the 50 Moving Average
o Sell Setup
§ 1. Moving Average – Market is below the 50 Moving Average
Take Profit
· Use virtual stop loss/ take profit and trailing, invisible to broker (THIS IS VERY IMPORTANT. This is to avoid the “invalid stop loss” errors by the broker).
o True
o False
· Take profit on TP1
· Take profit on TP2
· Take profit on TP1 and TP2 (50% on each TP)
· TP on oposite signal
· Fixed TP
· Factor TP
· ATR (MT5 built in indicator) Factor
· Use Exit Edge to close trades
o Using only “normal” signals
o Using only “strong” signals
o Using any signal, “normal” or “strong”
Stop Loss
· Use virtual stop loss/ take profit and trailing, invisible to broker (THIS IS VERY IMPORTANT. This is to avoid the “invalid stop loss” errors by the broker).
o True
o False
· Last swing (Breakout Edge)
· Oposite signal
· SL = TP1
· SL = TP2
· Fixed SL
· ATR (MT5 built in indicator) Factor
Trailing and breakeven
· All trades or only profitable trades
· Start trailing on TP1 hit or TP2 hit
o Start at open price
o Start at TP1
o Strat at TP2
o Trailing stop in points
o Trailing step in ponts
· Enable trailing using PARABOLIC SARS (use biult in MT5 Parabolic indicator)
· Breakeven on:
o TP1
o TP1 and TP2
· Open aditional orders on trend
§ Distance of next additional orders
§ Lot size of aditional orders
§ Maximum aditional orders
Other settings
· Reverse trades
o True
o False
· Timeframe setings (user can select one or various TF) for the robot to work with, simultaneously
o M1
o M5
o M15
o M30
o H1
o H4
o D1
· Lot Options
o Fixed lot
o % of balance
o % of free margin
o Maximum lot when oppening positions
o
· Work on time
§ Start time
§ Stop time
§ Close all trades at stop time
§ Close only profit trades at stop time
§ Trade on
· Sunday
· Monday
· Tuesday
· Wednesday
· Thurday
· Friday
· Saturday
· Slippage limit
· Spread limit
· Open orders number limit