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.

 

 

Put pending orders as market if incorrect EntryPrice:

Sometimes, it happens signal provider sends wrong entry price: For example Buy limit EURUSD @ 1.2000 and the current price is 1.1000. This signal will result on an error and not be executed by Ea. 

If this input is set to true, the Ea will ignore entry price (if incorrect) and will execute the order as Market order.

 

Maximum orders allowed:

This is the maximum number of allowed trades that can be running at the same time. Setting the input negatively (-1) means that there are no limits of orders that can be taken at the same time.

 

Percentage close when close partially order:

You can set here the percentage of the order you want to close when close partially signal comes. 

 

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)

 

Custom comment in orders (No -> Channel name):

By default, all orders are executed with the name of channel as comment. Anyway, if a user wants to put custom comment on it, then this is the place to put it in.

 

Words/Expressions to ignore (separated by ;):

Here you can put the words/expressions from signals that you want to be ignored. this input can be useful in case you don't want to copy all features from the signal