Buy=true: here it means the EA is enable for buy positions false means no buying position allowed Sell=true: here it means the EA is enable for sell positions false means no selling position allowed
UseCkLevel=false: if enabled, is a function that protects your capital.else it stop opening position when drawdown exceeds the set amount. default is false cause its set according to you deposited capital or the amount you want to use/risk pls read more Here
CkLevel=true: here you set the amount .. read more
SelectorPoint = 1: starts from 1pips SelectorLimit = 50: to 50pips
Speedcheck = 2: this parameter monitor the open position and restricts the next position from open close to other already open positions,meaning it shouldnt be less than 2pips spaced.
TradeStartHour=01: time you want the EA to start opening positions
TradeEndHour=23 : time you want the EA to stop opening positions
weekDay=5 : the EA should only trade from monday to friday only
UseAutoTP=false: if enabled the EA auto set TakeProfit For you base on internal system configuration with auto trailing stop of few pips to every open positions.
UseAutoSL=false: if enabled the EA auto set StopLoss For you base on internal system configuration with auto trailing stop of few pips to every open positions
UseTrailingTP=false: if enabled the EA Auto activated trailingstop to every position opened base on amount of
"TakeProfit"
you Set
UseTP=false: if enabled you activate the EA to set "TakeProfit" values if not enable the EA will not set any "TakeProfit" for you
TakeProfit=50: here you define actual "TakeProfit" value you wasnt in pips
UseLossAmount=false : the amount you are willing to loss if trade go against you,default is "false" meaning its disabled to enable it put it "true|
LossAmount=100 : here you then enter amount you are willing to loss if "UseLossAmount" is "true"/enabled but default is disabled.enable if you need it.
UseTP=false : here you can enable TP if you need it but its "false"/disabled by default
TakeProfit=200 : here you set TP value you want if you enabled "UseTP"
UseHiddenTP=false : here you use hidden takeprofit,which can not be seen by your broker,but activates when the value you set reach...
HiddenTP=100 : here you set the amount you want..
UseDDPercentClose = false : here if enable determine amount you are willing to loss on trade is it goes against you.. DrawdownPercent = 50.0 : here you set the value of amount you are willing to loss if enabled
UseDDManager = false : here if enable is a tool that monitors DrawDown on your open positions,if set to "true" activates once amount of certain positions is opened,its main functions is to close your positions on certain profit or lose level .. DDManager = 10.0 : here you set the amount of trade allowed to open before it auto activates for monitor,mainly helps during drawdown... UsethresholdGlobal = true : here is the exit system of the EA,it handle special parameters
UseSysthresholdGlobal = true : here is the exit system of the EA,it handle special exit parameters,but to test its real fuction you can disable other
thresholdGlobal
and leave it "true" to see really how it handles exit per trade.
threshold= 0.5 : here you set the minimum value of "UsethresholdGlobal" if enable and minimum set is 0.5,meaning dont close less than 0.5
UsethresholdGlobalWeek = false : if set anable it close out all positions once its friday.profit or loss.
UsethresholdGlobalMicro = false: here if enabled, you are using "UsethresholdGlobalMicro" on advance closing system on the EA and the value is "thresholdMM=0.3" if enable and minimum set is 0.3,meaning dont close less than 0.3,but here its based on the trend position may close trades late because of high profit target of its nature,it make more profit in pip more than "UsethresholdGlobalMini" per trade but "UsethresholdGlobalMini" have less drawdown and likely quick close open position,cause it close trades more quicker than "UsethresholdGlobalMicro"
UsethresholdGlobalMini = true: here if enabled, you are using "UsethresholdGlobalMini" on actual closing system on the EA and the value is "thresholdMM=0.3" if enable and minimum set is 0.3,meaning closes positions on value not less than 0.3,but here its based on the trend position but close trades quicker than than "UsethresholdGlobalMicro", because of high actual profit target of thresholdMM= 0.3 which not always can be higher,its profit can be higher or lower than "UsethresholdGlobalMicro" because it close trade quicker and on time than "UsethresholdGlobalMicro".
thresholdMM= 0.3: this are minimum values of UsethresholdGlobalMicro and UsethresholdGlobalMini set values. conclusion is you can make more good backtest with "UsethresholdGlobalMini " which may or may not be more profitable than "UsethresholdGlobalMicro". settings in real forward testing,but may have good backtest curve than "UsethresholdGlobalMicro",but both parameter are all good and profitable it depends on how you want to use it.
you may decide to use "UsethresholdGlobalMini" settings on small balance account and "UsethresholdGlobalMicro" on big account but all is good in any account..
UseCloseTime = true: if enable watching positions to close it when reverse is seen if enabled
UseCloseCtr = PERIOD_H4 : this is time it checks on to see any retracing trend or value
CloseTimeP = true : if anabled closes the trade once it reverse with special parameter
CloseTimeS = false: if anabled closes the trade once it reverse with special parameter
CloseCtr = 0.3: this are values "UseCloseTime" if its anabled.
TradeTimeCheck=01: checks time it start monitoring the open positions for close if the "UseCloseTime" is enable. TradeCloseTime=23: checks time it actual close the open positions which must not exceed this time,Note if "UseCloseTime" is anable
UseProfitTargetTF = false: if this function is enabled you are telling the EA to stop opening positions once "
Target" is reached.
it can be "daily target profit ", "weekly target profit", "Monthly target profit". But Note : we advise you to enable TakeProfit function using this parameter to hit once the EA stop opening position or wait and close it manaully if you dont like to use TakeProfit Parameters,but must be in profit before closing.
ProfitTargetTF = PERIOD_D1 : here you set the time period you want the profit target Target = 2 : here you set the exact profit target in currency value etc 2Dollar or 2Euro
maxspread=20: here is the default spread on the EA which is 2pips spread,you can increase if your broker has higher spread but 2pips are normal
StartLot=0.01 : here where you set your lotsize base on your deposited capital
Multiplier=1.5: this are value that calculates martingale counts(dont touch;but touch if you like martingale systems and want to decide amount it increases on lotstep DeepLevel=100: here amount of martingale count on open positions which should not exceed 100 positions,but pls leave it you dont need to adjust any thing. Slippage=3: slippage is amount of time taken before positions was actually open some broker will keep reqouting till the EA forfeits the position once it above 3pips difference from original price ordered,but if you dont mind if your actual request to open a position is above "3" or not just increase to any high value,so the EA must open position on any price the broker allowed.
ProfitDouble=false: if this is "true"/enable makes the EA to use martingale count on BuySellSeriesEA system, calling "Multiplier " value now which open position like 1,2,3,8,12,18lots etc it actually martingale lot count on the EA system. but be care and use if you understands or like martingales,which can be dangerous to you account or profitable.we dont use it,we keep it "false"/disabled , cause BuySellSeriesEA dont need it to make profit,its just an option for traders that need it.
magic_no= 1234: its a unique number that identifies positions the EA is opening
Password="": here you put your password to enable the EA work on you account,we advise you save it not to enter it again each time you open the EA..
Thats it, to BuySellSeriesEA parameter you need to know to be able to design or modify your own system approach if you want or change values you want or need Note! If you need any help or assistance, please contact us!