When backtesting the EA, I like to recommend utilizing MT5 for one of the best outcomes. MT4 backtesting is proscribed and outdated—it doesn’t assist “Each Tick Primarily based on Actual Ticks” and might solely check one image at a time. To carry out a backtest on MT4, you have to take away all different symbols from the inputs, leaving just one, and run the check in “each tick” mode. MT5, nevertheless, helps multi-symbol backtesting and gives correct outcomes when used with the “Each Tick Primarily based on Actual Ticks” possibility. This makes it the superior alternative for testing your technique throughout a number of pairs.

When you want to commerce on a number of symbols, you have to to regulate the enter settings of the EA. Make sure that you solely enter the bottom image title within the inputs and don’t embody suffixes or prefixes, because the EA will routinely detect and deal with them. For instance, in case your dealer’s image is EURUSD.m, you solely must enter EURUSD, and the suffix will probably be ignored. This makes managing a number of symbols simple and hassle-free.

The EA is totally suitable with different Skilled Advisors operating on the identical account. To keep away from conflicts, be sure that every EA has a novel magic quantity. This distinctive identifier permits the platform to distinguish between trades positioned by completely different EAs. Working a number of EAs concurrently is completely high quality so long as this precaution is taken.

The default settings for the EA are optimized and work effectively below most circumstances. Nonetheless, you may customise the inputs to fit your dealer’s necessities or optimize them for particular market circumstances. If there are extra setfiles accessible, they are going to be shared in our Telegram and MQL5 channels to make sure you have one of the best assets on your buying and selling.

For customized variations of the EA, you’ll want to supply your account title. This may be discovered within the Navigator part of your MetaTrader platform. Offering correct account info ensures the customized model is tailor-made completely to your wants.

Relating to threat and deposit suggestions, the EA can work with any account dimension, however I recommend sustaining a threat setting of 1% to three% per commerce. This conservative strategy helps handle your capital effectively whereas minimizing potential drawdowns.

Inputs Defined

    Buying and selling Symbols: Specify the symbols for buying and selling, e.g., EURUSD, NZDUSD.

    Magic Quantity: A novel identifier for trades positioned by this EA.

    Order Remark: Add a customized remark to determine orders.

    Lot Calculation Methodology: Select between balance-based or fastened lot sizing.

    Danger Share: Set the share of account stability risked per commerce.

    Fastened Lot Dimension: Outline the lot dimension for fastened lot buying and selling.

    Most Trades: Set the restrict for open positions at any given time.

    Most Every day Losses: Management the variety of shedding trades allowed in a day.

    Information Filter: Allow or disable buying and selling throughout high-impact information.

    Trailing Cease: Activate trailing stops and modify their parameters:

        Begin in Pips: Outline when the trailing cease begins.

        Trailing Distance: Set the space of the trailing cease in pips.

        ATR Interval: Specify the ATR interval for trailing.