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Single Take Profit Settings.
- Use single take profit.
If you want to use single take profit then set it for True.
- Automatically adjust the single take profit.
This will automatically adjust the single take profit pips calculated by current losing trades.
Play with this setting and try it on a demo account. You will see the results.
- Single take profit.
In this setting, you can set the amount of the pips which you want to close the trade in profit.
- Trialling for single TP(0 = Turn OFF)
In this setting you can set the trailing stop for the single take profit- Value 0 will turn it off.
- Use up to 10 advanced take profit.
With this setting, you can set up custom single take profits on different lot sizes by each trade. Y
ou can close bigger lot sizes with smaller profits while you can close smaller lot sizes with bigger profits.
Single take profit value is in pips.
- Close some loss order with the single take profit.
This setting gives you an opportunity to close some negative trades when you are closing positive profit trade. By this setting, the EA will always close bigger positive trade than negative trade.
- Minimum order $$ loss close.
This is a dollar amount.
0.07 = minimum 70 cent los trade.
1 = mimńimum $10 loss trade
- Minimum risk-reward %% between profit and loss orders.
This is a percentage setting. If you set for 25, then the positive trade will be always closed at a 25% higher $ value than the negative trade.
Thanked for the post: Horacle
Big Loss Clean Setting.
With this setting, you can close big loss trades while also closing winning trades, and still earning profit because the positive trade always will be more than the negative trade.
- The minimum profit order is in $ value.
0.05 = 5 cent
0.5 = 50 cent.
1 = $1
- BIG loss order minimum value is also in $ amount.
Multi loss clean Settings.
This setting will close several loss orders with several profit orders, however, the profit order value will be always more than the negative.
- UseMultiLossClose
In this setting, if you set True then UseMultiLossClose will be turned on.
- The minimum profit order is in $ value.
Example:
0.05 = 5 cent
0.5 = 50 cent.
1 = $1
- Loss order minimum value is also in $ amount.
Example:
0.05 = 5 cent
0.5 = 50 cent.
1 = $1
- Revard Percentage %%
In this setting, you can set a percentage of profit.
Example: If you set for 30, then the positive trade will be always closed at a 30% higher $ value than the negative trade.
Button Close All.
This setting is for a Close All button. If you wish to close all trades for any reason, you can click the (Close All) red button on the chart.
The above setting is for the Close All button customization.
Do I need to use the Close All button?
If the total column is in profit, then if you wish you can you can click the Close All button to secure current profit. This is just an extra manual option.
SL - Stop-loss Settings (Hidden SL)
- Use SL.
If this setting is set for True then the EA will use the SL settings.
- SL pips.
You can set teh SL pips.
Example: If you set the SL pips for 50 and if the trade goes to a negative direction by 50 pips the EA will close the trade.
Why the SL is hidden? Because we don't want the broker to know what we are up to
News Alert
- News Alert
If this setting is set for True then the news alert will be turned on and the EA signal setting will only work when there is a news alert.
- Only start signal for pairs with news.
Set this setting for true if you only want to open a signal for pairs that has a news alerts.
- Seconds to start before news alert.
If this setting you can set the second to start signal before news alert. (1200 = 20 minutes)
- How many seconds to open news trades after news alert.
In this setting, you can set the seconds until you want to open news traders after the news alert. (3600 = 1 hour)
- Choose news type.
In this setting, you can turn ON and OFF each news type one by one.
- Choose Currency.
In this setting, you can turn ON and OFF each currency news one by one.
- Update every (in hours).
In this setting, you set how often the news alert should update.
Partial Average Lot Size Target Profit
- Use Partial Average Lot Size target Profit
If you set this setting for True then you turn on the Use Partial Average Lot Size target Profit.
- Partial Average Lot Size Target Profit.
In this setting, you can set the Partial Average Lot Size Target Profit pips.
Example: If you set this for 50 then the EA will close many positive trades with a total of 50 pips profit.
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Latest profit posts from the Trade Executor EA users.
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