EA Guide
How to Run EA on Chart
For full instructions on deploying the EA to a chart, please visit detailed blog post:
The default setfile is generally the best option, but you can optimize it or find a setfile better suited to your broker. Additional setfiles will be available in our channels.
There is no minimum deposit required; however, it’s recommended to use a risk of 1% per trade, depending on your preference.
The link to join our MQL5 channel :https://www.mql5.com/en/channels/forexmrsc
If you wish to join our Telegram channel, please ask me in private through MQL5 chat, and I will send you the link.
Inputs Details
Here are the detailed descriptions for each input:
- Symbols: This input allows you to choose which trading symbols the EA should trade. do not enter any suffix or prefix as the EA automatically detects them.
- Main Number Magic: The main magic number is used to uniquely identify trades opened by this specific EA. This helps in managing multiple strategies or EAs in a single trading account.
- Order Comment: This input allows you to set a custom comment for each trade the EA executes. This can be useful for identifying trades in your trade history for review and analysis purposes.
- Lot Calculation Method: Defines how the lot size for trades is calculated. The default method is based on balance, which adjusts the lot size according to the account balance to manage risk proportionally.
- Trade Percent Risk: This input specifies the percentage of the account balance risked on each trade. Adjusting this percentage affects the lot size calculated for each trade, depending on the account balance and stop loss distance.
- Fixed Size Lot: If you prefer to trade with a constant lot size, this input allows you to specify it. This setting overrides the lot calculation method if used.
- Enable One Trade per Symbol: This boolean input controls whether the EA is allowed to open more than one trade per trading symbol. When set to true, it will limit the EA to only one open trade per symbol at any time.
- Minimum Trade Distance: This input sets the minimum distance in points between trades of the same symbol. It is designed to prevent the EA from entering multiple trades too close to each other, reducing overexposure and potential risk.