Do not change these unless you know what you are doing. Fully automated Not sensitive to spread No trades held overnight Risk Money Management Works on any account size Always copy mt4 script trade a stop loss in place Only one trade open at any time per pair Hedge and Net account compatible This system is NFAFIFO compliant No Grids No Martingale All you need is a VPS.
MagicOrderNumber – Unique number for the EA to identify its trades – Any integer Lots – Number of fixed lots per trade if money management is off – Values 0. 0 Slippage – Slippage in pips – Values 1 to 10 MoneyManagement – If turned on trade lot sizes are calculated on account risk – TRUEFALSE MoneyManagementRisk – Risk per trade if money management is on – Values 0. 1 secrets of winning forex strategies pdf AllowNewTrades – Turn this of to disable new trades – TRUEFALSE AccountProfitLock – If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0. TimeFrame – Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn’t affect the EA.
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When testing ensure the tester timeframe is set to the same value. MaxSpread – Maximum spread in pips that the EA will trade. TakeProfit – The take profit (Setting to 0 best crypto trading bot software disables) – Values 0 to 200 depending on the pair being traded. TakeProfitD1ATR – Take profit based on a multiple D1 ATR (Setting to 0 disables) script – Values copy trade mt4 from 0. GMTOffsetHours – Offset in hours for your broker’s time zone – Values -12 to 12. PreviousBarsForBOBox – Number of previous bars to use for the breakout box mt4 copy from trade script start bar – Values 1 to 10.
BOBoxGap – Gap in pips from previous high low when creating the breakout box – Values script copy trade mt4 0 to 10. TrailingBars – Number of bars to take into account when trailing stops (0 script copy trade mt4 disables trailing stops) – Values 0 to 10. MinTrailingStopLoss – Minimum stop loss size in pips when trailing – Values 0 to 50. DeleteInactiveStopOrder – When enabled once a buy or sell is triggered the order in the opposite script copy trade mt4 direction is cancelled – TRUEFALSE. Default input values are for USDJPY M30, just remember to adjust GMTOffsetHours to match your brokers time zone. If optimizing, optimization of StartHour, StartMin, EndHour and EndMin script copy trade mt4 are needed to find the best results.
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