| Set file used | Here you can see the set file that is currency loaded |
| Symbol traded | Insert the ticker for Gold. ex. XAUUSD, XAUUSD.r, XAUUSD.HKT etc |
| EA Magic Number(ID) | The ID number of the EA |
| Timeframe on which the ea runs once per bar | Keep this at 1 Hour |
| Max number of positions in grid | The maximum allowed number of positions in a grid. |
| Money Management | |
| Risk model | Choose between autolot and fixed lot for first volume in a new grid |
| Autolot level | 1 = 0.01 lots for every 1000 account balance |
| Starting lot (if autolot is not used) | Set a fixed starting lot for first position in a grid |
| Lot Multiplier first group of positions | First volume multiplier |
| Lot Multiplier second group of positions | Second volume multiplier |
| Lot Multiplierrest of positions | Volume multiplier for all further positions in a grid |
| Max lot size per 1000 balance | The maximum volume allowed per 1000 account balance |
| Positions number to increase lot size | How many positions until the next multiplier group starts |
| Max balance to increase autolot | If your balance is above this amount, the autolot will not increase further |
| MAX POSITIONS FILTER | |
| Enable max positions filter | If set to true, the EA will scan the account for open positions by other EA’s or manually opened positions. If the number of open positions exceeds the number in the input below, then the EA will not open new positions. |
| Max number of positions open on account to start new basket | Set the max allowed number of positions on account |
| TRAILING SL SETTINGS | |
| Enable Trailing stop | Set to true to enable trailing stop |
| Trailing stop begin in pips | The amount of pips in profit at which the trailing stop will begin |
| Trailing distance in pips | The amount of pips the stop will trail after current price |
| EXIT PROFIT SETTINGS | |
| Use Virtual TP for grid positions? | Set to true to use virtual TP for grid positions. Set to false to use a real TP order for all positions |
| Draw line at virtual stop level? | If using virtual TP you can set this input to true to have the EA draw a horizontal line at the price level at which all positions will be closed in net profit. |
| First TP Factor | The factor of which the TP for the first position is set. A higher number will result in a larger TP size. |
| Close in profit model | Choose to close grids at a net money profit or net percentage profit |
| Percentage profit to close basket | If you use percentage profit model, then insert the percentage amount of account balance at which all positions in a grid should close |
| Money profit to close basket (calculated in your account currency) | If you use money profit model, then insert the money amount (account currency) at which all positions in a grid should close |
| TREND FILTER | |
| Enable trend direction filter? | Enable a directional trend filter based on Moving Averages |
| Fast MA period | Fast MA period |
| Slow MA period | Slow MA period |
| Timeframe for both Ma's | Timeframe for both Ma's |
| MA Method for both MA's | MA Method for both MA's |
| Higher time frame MA period | Higher time frame MA period |
| Timeframe for higher timeframe MA | Timeframe for higher timeframe MA |
| TRADING SESSION FILTER | |
| Enable Trade session filter? | Enable trading session? Best to keep this input to true to avoid trading during roll-over when the spread is larger. |
| Monday session start hour | At which hour the EA starts trading Monday mornings |
| Tuesday to Friday session start hour | At which hour the EA starts trading Tuesdays to Fridays mornings |
| Monday to Thursday session end hour | At which hour the EA stops trading Monday to Thursdays evenings |
| Friday session end hour | At which hour the EA stops trading Friday afternoons |
| X-MAS HOLIDAYS BREAK | |
| First trading day of the year | First trading day of the year. If you set it to 10 the EA will start trading on January 10th every year. |
| Last trading day of the year | The last trading day of the year |
| ORDERS SETTINGS | |
| Allow buy orders? | Set to true to allow a new buy grid to open |
| Allow sell orders? | Set to true to allow a new sell grid to open |
| Allow only one grid open per side at the same time | Set to true to only have one grid open at a time |
| SAFETY SETTINGS | |
| Enable cut losses on max drawdown? | Set to true to enable stop loss |
| Cut losses at percentage or money drawdown? | Chose between a money based stop loss or a percentage based stop loss |
| Max money draw down to cut losses | The amount if money (account currency) you want to risk for each grid |
| Max percentage drawdown to cut losses | The percentage amount of your account balance you want to risk for each grid |
| Close all open positions before weekends | Set to true to close all positions on Fridays |
| Hour at which all open positions are closed on Fridays | The hour at which the EA closes all positions on Fridays if the above input is set to true |
| NEWS FILTER | |
| News filter source | Copy this text and insert it under allowed web request URL’s in your MT5 terminal |
| Enable news filter | Set to true to enable news filter |
| Only symbol news | Set to true to only filter symbol news. If false, all news releases for all FX currencies will be filtered. |
| Disable trading during US news | Set to true to stop trading during US news events |
| Stop trading during high impact news | Set to true to disable trading during high impact news events |
| Minutes before high impact news release to stop trading | Minutes before high impact news release to stop trading |
| Minutes after high impact news to continue trading | Minutes after high impact news to continue trading |
| Stop trading during medium impact news | Set to true to disable trading during medium impact news events |
| Minutes before medium impact news release to stop trading | Minutes before medium impact news release to stop trading |
| Minutes after medium impact news to continue trading | Minutes after medium impact news to continue trading |
| Stop trading during low impact news | Set to true to disable trading during low impact news events |
| Minutes before low impact news release to stop trading | Minutes before low impact news release to stop trading |
| Minutes after low impact news to continue trading | Minutes after low impact news to continue trading |
| Close positions in profit before news | Set to true to close positions in floating profit before news events |
| Close positions in loss before news | Set to true to close positions in floating loss before news events |
