Advanced Settings

Words/Terms:

This part contains list of terms used by providers in taking different orders. User can add new terms according to provider languages and terms. Terms should be separated by ';'.

Also, to avoid taking orders when channel only wants to remind about a trade... you can add terms used by the channel to not take a trade when such term appears on the message.

 

Points above/below BE:

When Stop loss is moved to entry price (When Channel asks for it or when TP1 is hit or for any other reason), broker commission and swap may result on a negative profit. To prevent this, user can set number of points below(sell)/above(buy) entry price to move stop loss to. It is set to 5 points by default.

 

Expiration duration for pending orders:

Another feature, is expiration time(in minutes) for pending orders before orders are deleted. Please be aware that Metatrader allows a minimum of 10 minutes.

 

Max spread (in points) allowed for execution of an order:

Some signals come when market is very volatile or when there is a lack of liquidity. This can result on heavy spread that could make user loose important money. In order to avoid trading in those condition, user can set a maximum spread. When spread at market is superior to the max spread, no order will be taken by the EA.

 

Trade same symbol multiple times:

Sometimes, 2 channels sends signals of the same symbol. To avoid taking multiple trades in the same symbol, user can set "Trade same symbol times" to "NO".

 

Slippage:

Slippage (MT4): User can fix slippage value (5 by default)