The functionality of MT4 or MT5 is enough for novice traders who rarely work with several curren
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General Trade Settings
- Money Management
- Lot : Fixed (can change)
- Strategies – M1-D1 Strategies it is fixed with MA, Bollinger band, Candlestick Levels
- Close Functions – M1-D1 Strategies
- Close by Money Profit – Close Total Open Profit, Close Total Open Profit Short, Close Total Open Profit Long, Close Profit/Loss Today
- MagicNumber – individual magic number. The EA will only manage position of the chart symbol with this magic number.
- NextOpenTradeAfterSeconds – 30 Minutes is default, can change it
- MaxSpread – upto currency pairs,
- MaxSlippage – upto currency pairs,
- Push Notifications – true is on for send alert to your Metatrader ID.
- MaxLongTrades – Max Long positions you need.
- MaxShortTrades– Max Short positions you need.
- Hedging– true is on this function automatic hedging.
for Example you can set follow this, Funding 1000$
H1-H4 timeframe Lot0.01, NextOpenTradeAfterMinutes = 5Minutes, Close function using default functions.
D1 timeframe Lot0.01, NextOpenTradeAfterMinutes = 30Minutes, Close function using default functions.
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Key Features of Algorithmic Trading Software
16 June 2020
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