NEXT-GEN TRADER EA RECOMMENDED SETTINGS
These settings are those I take advantage of within the backtests and on my private reside buying and selling.
Be happy to vary the settings whereas testing to fit your wants.
EXNESS (or different dealer that makes use of UTC time and alter its time to DST)
EA Magic Quantity : 1
Mounted Lot Dimension : 0.01
Danger % per Commerce : 1.0
Slippage Buffer in Level : 0
SL Mode : Minimal Worth
Cease Loss in % of The Vary : 0.3
Take Revenue in % of The Vary : 1.5
DST Regulate : true
Vary Begin (minutes) after 00:00 : 300
Vary Length (minutes) after Vary Begin : 240
Closing Time (minutes) after 00:00 : 960
Vary on Monday : true
Vary on Tuesday : true
Vary on Wednesday : true
Vary on Thursday : true
Vary on Friday : false
Commerce on NFP day : true
Commerce on CPI day : false
Commerce on GDP day : true
Commerce on Retail Gross sales day : true
Commerce on PMI day : true
Commerce on Commerce Stability day : false
Commerce on Jobless Claims day : true
Commerce on PCE day : false
TSL Mode : TSL Inactive
Quantity Multiplier for Information Buying and selling : 2.0
TSL Set off RR : 1.0
TSL Step RR : 0.5
EA Magic Quantity : 2
Mounted Lot Dimension : 0.01
Danger % per Commerce : 0.5
Slippage Buffer in Level : 0
SL Mode : SL Vary Worth
Cease Loss in % of The Vary : 0.3
Take Revenue in % of The Vary : 1.5
DST Regulate : true
Vary Begin (minutes) after 00:00 : 0
Vary Length (minutes) after Vary Begin : 300
Closing Time (minutes) after 00:00 : 960
Vary on Monday : true
Vary on Tuesday : true
Vary on Wednesday : true
Vary on Thursday : true
Vary on Friday : false
Commerce on NFP day : true
Commerce on CPI day : false
Commerce on GDP day : false
Commerce on Retail Gross sales day : true
Commerce on PMI day : true
Commerce on Commerce Stability day : false
Commerce on Jobless Claims day : true
Commerce on PCE day : true
TSL Mode : TSL Inactive
Quantity Multiplier for Information Buying and selling : 2.0
TSL Set off RR : 1.0
TSL Step RR : 0.5
ICMarkets or OctaFX (or different dealer that makes use of UTC+2 time and DOES NOT alter its time to DST)
EA Magic Quantity : 1
Mounted Lot Dimension : 0.01
Danger % per Commerce : 1.0
Slippage Buffer in Level : 0
SL Mode : Minimal Worth
Cease Loss in % of The Vary : 0.3
Take Revenue in % of The Vary : 1.5
DST Regulate : false
Vary Begin (minutes) after 00:00 : 420
Vary Length (minutes) after Vary Begin : 240
Closing Time (minutes) after 00:00 : 1080
Vary on Monday : true
Vary on Tuesday : true
Vary on Wednesday : true
Vary on Thursday : true
Vary on Friday : false
Commerce on NFP day : true
Commerce on CPI day : false
Commerce on GDP day : true
Commerce on Retail Gross sales day : true
Commerce on PMI day : true
Commerce on Commerce Stability day : false
Commerce on Jobless Claims day : true
Commerce on PCE day : false
TSL Mode : TSL Inactive
Quantity Multiplier for Information Buying and selling : 2.0
TSL Set off RR : 1.0
TSL Step RR : 0.5
EA Magic Quantity : 2
Mounted Lot Dimension : 0.01
Danger % per Commerce : 0.5
Slippage Buffer in Level : 0
SL Mode : SL Vary Worth
Cease Loss in % of The Vary : 0.3
Take Revenue in % of The Vary : 1.5
DST Regulate : false
Vary Begin (minutes) after 00:00 : 120
Vary Length (minutes) after Vary Begin : 300
Closing Time (minutes) after 00:00 : 1080
Vary on Monday : true
Vary on Tuesday : true
Vary on Wednesday : true
Vary on Thursday : true
Vary on Friday : false
Commerce on NFP day : true
Commerce on CPI day : false
Commerce on GDP day : false
Commerce on Retail Gross sales day : true
Commerce on PMI day : true
Commerce on Commerce Stability day : false
Commerce on Jobless Claims day : true
Commerce on PCE day : true
TSL Mode : TSL Inactive
Quantity Multiplier for Information Buying and selling : 2.0
TSL Set off RR : 1.0
TSL Step RR : 0.5
Or use the setfiles connected.
Have enjoyable!