Home Stocks ARES Breakout MT5 MANUAL – Buying and selling Methods – 17 July 2024

ARES Breakout MT5 MANUAL – Buying and selling Methods – 17 July 2024

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ARES Breakout MT5 MANUAL – Buying and selling Methods – 17 July 2024

Welcome to the Buying and selling Handbook for ARES Breakout:

IDEAL PARAMETERS FOR EACH CURRENCY:

Parameters EURUSD EURJPY AUDJPY GBPJPY
Start_Time_Trading 09:00 09:00 09:00 09:00
End_Time_Trading 11:00 11:00 14:00 14:00
Spread_Filter 3.5 3.5 3.5 3.5
Setup_TF 30 Minutes 30 Minutes 30 Minutes 30 Minutes
SL_TF 3 Hours 3 Hours 1 Hour 3 Hours
Buy_Allowed 1 1 1 1
Sell_Allowed 1 1 1 0
N_Cdl_Back 16 16 16 16
Risk_Percentage 1 1 1 1
TP_Percentage 400 400 400 200
Trailing 0 1 1 0
Breakeven 0 1 0 0
BE_Percentage 0 200 0 0
Magic Quantity Your alternative Your alternative Your alternative Your alternative
MA Technique Easy Exponential Easy Exponential
January true true true true
February true true true true
March true true true true
April true true true true
Could true true true true
June false true true true
July true false true true
August true false true true
September true false true true
October true true true true
November true true true true
December true true true true

Which means parameters:

Start_Time_Trading: Starting of buying and selling, the EA won’t take any place as a result of this hour.

End_Time_Trading: Finish of buying and selling, the EA won’t take any place after this hour.

Spread_Filter: The EA won’t take any commerce if the unfold is greater than the worth. The worth is in pips.

Setup_TF: Timeframe use to outline the vary

SL_TF: Timeframe consumer for Cease-Loss. Cease-Loss is utilizing the Common True Vary (ATR)

Buy_Allowed: The EA will take buys place if 1. If 0, the EA won’t take buys. 

Sell_Allowed: The EA will take sells place if 1. If 0, the EA won’t take sells.

N_Candle_Back: The variety of candle than the EA is looping to outline the vary.

Risk_Percentage: The danger share based mostly in your account steadiness. 

TP_Percentage: The Goal Revenue share, it is based mostly on the cease loss. The worth is in share. 100 signify a danger:reward of 1:1. 200 signify a danger:reward of 1:2…

Trailing: The EA will path your Cease Loss if 1. If 0, the EA won’t path. 

BE (BreakEven): The EA will path your Cease Loss to BE if 1. If 0, the EA won’t path.

BE_Percentage: The EA will transfer the Cease Loss to breakeven is the value is at a sure share. The worth is in share (works just like TP_Percentage). If the commerce is at 1:4 danger:reward, you possibly can transfer the cease loss to breakeven when the commerce is at 2 in revenue. You would need to point out 200 as a price.

Magic Quantity: Your alternative

MAmethod: It represents the indicator used for the EA

January: The EA will take trades in January if 1. If 0, the EA won’t take trades. 

February:  The EA will take trades in February if 1. If 0, the EA won’t take trades. 

March:  The EA will take trades in March if 1. If 0, the EA won’t take trades. 

April:  The EA will take trades in April if 1. If 0, the EA won’t take trades. 

Could:  The EA will take trades in Could if 1. If 0, the EA won’t take trades. 

June: The EA will take trades in June if 1. If 0, the EA won’t take trades. 

July:  The EA will take trades in July if 1. If 0, the EA won’t take trades. 

August:  The EA will take trades in August if 1. If 0, the EA won’t take trades. 

September:  The EA will take trades in September if 1. If 0, the EA won’t take trades. 

October:  The EA will take trades in October if 1. If 0, the EA won’t take trades. 

November:  The EA will take trades in November if 1. If 0, the EA won’t take trades. 

December:  The EA will take trades in December if 1. If 0, the EA won’t take trades.