Home Forex Foreign exchange Phoenix EA Introduction – Analytics & Forecasts – 15 December 2024

Foreign exchange Phoenix EA Introduction – Analytics & Forecasts – 15 December 2024

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Foreign exchange Phoenix EA Introduction – Analytics & Forecasts – 15 December 2024


Symbols and Commerce Identification

Symbols: EURCAD, NZDUSD, USDJPY  

  •   Specifies the foreign money pairs that “Foreign exchange Phoenix” will commerce.

Magic Quantity: 64285  

  •   A novel identifier for trades opened by this robotic, stopping conflicts with trades from different knowledgeable advisors.

EA Remark:  

  •   Customized remark that shall be hooked up to trades within the order historical past.

Commerce Administration

Handbook Stoploss (Factors): default = -1  

  •   Permits for guide setting of stop-loss factors. A worth of `-1` signifies that guide stop-loss is disabled.

Handbook Takeprofit (Factors): default = -1  

  •   Permits for guide setting of take-profit factors. A worth of `-1` signifies that guide take-profit is disabled.

Lot Administration

Lot Calculation Methodology: fastened lot, based mostly on steadiness or … 

  •   The tactic used to calculate lot dimension, based mostly on account steadiness.

Danger Share Per Commerce: default = 2%  

  •   Determines the share of account steadiness in danger for every commerce.

Mounted Lot Measurement: default = 0.3  
  Units a static lot dimension if fastened lot dimension administration is most well-liked.

Commerce Limitations and Filters

Most Variety of Trades: default = 28  

  •   Limits the utmost variety of open trades at a time.

Most Unfold for Commerce: default = 200 factors  

  •   Trades will solely be opened if the unfold is inside this restrict, filtering out trades throughout excessive volatility.

Danger Administration

FTMO Choice: False / True 

  •   Disables randomization of take-profit and stop-loss values for prop agency necessities.

Max Loss Per Day: 100 (in account steadiness foreign money)  

  •   Units the utmost loss the robotic can incur per day.

Each day Most Misplaced Trades: 5  

  •   Restricts the variety of dropping trades allowed per day.

Excessive Affect Information Filter: False / True 

  •   When enabled, it restricts buying and selling throughout high-impact financial information occasions.

Medium Affect Information Filter**: False / True 

  •   When enabled, it restricts buying and selling throughout medium-impact information occasions.

Low Affect Information Filter: False / True 

  •   When enabled, it restricts buying and selling throughout low-impact information occasions.

Drawdown Management

Most Drawdown Allowed: 70%  

  •   Units a restrict on the fairness drawdown proportion to forestall new trades when the drawdown exceeds this threshold.

Auto Shut on Max Drawdown: False / True 

  •   Specifies whether or not all open trades shall be closed routinely when the drawdown restrict is reached.

Martingale Settings

Allow Martingale: False / True 

  •   Toggles the usage of a martingale technique for managing trades.

Martingale Begin Methodology: based mostly on ATR 

  •   Makes use of ATR (Common True Vary) to find out the gap between martingale entries.

Martingale Takeprofit Methodology: Varied choices

  •   Calculates take-profit for martingale sequences as a mean of all open orders.

Takeprofit Share for Martingale: default = 60%  

  •   Determines the take-profit proportion of the gap between the brand new and final martingale orders.

Mounted Distance for Martingale: default = 250 factors  

  •   Units a set level distance between martingale entries.

Superior Martingale Configuration

ATR Interval for Martingale: default = 10  

  •   The interval used for ATR calculations in martingale methods.

ATR Multiplier for Martingale: default = 2  

  •   Multiplier utilized to ATR values to find out the gap between martingale entries.

Max Martingale Lot P.c: default = 110%  

  •   The utmost proportion of the preliminary lot dimension that may be added for subsequent martingale trades.

Martingale Revenue Calculation

Martingale Revenue Kind: based mostly on steadiness or foreign money quantity 

  •   Specifies the kind of revenue goal for closing martingale trades, based mostly on both a proportion of steadiness or a set USD quantity.

Martingale Whole Revenue (Money): default = 50 USD  

  •   Units a goal revenue in USD for closing all martingale trades.

Martingale Whole Revenue (P.c): default = 0.5%  

  •   Units a goal revenue as a proportion of steadiness for closing martingale trades.

**Hyperlinks:**

   1. **Foreign exchange Phoenix EA MT5:** [Link to MT5 version] (click on right here)

   2. ** Foreign exchange Phoenix EA MT4:** [Link to MT4 version] (click on right here)

   3. **Foreign exchange Fusion Insights Channel:** [Link to My Channel] (click on right here)

   4. **MQL5 Profile:** [Link to My MQL5 Profile] (click on right here)

   5. **LIVE SIGNAL:** [CLICK]