- Client Email (for live trading)) : in case you are a customer, enter your email address in here (case-sensitive)

Set Trading Days & Holidays

- Monday > Sunday : enables/disables trading for any day of the week
- Trade NFP : enables/disables trading for the non-farm payroll Friday
- Trade Day Before NFP : enables/disables trading for the day previous to the NFP (Thursday)
- Trade Christmas Holidays : enables/disables trading for the Christmas holiday
- Christmas Holidays Start (20th Dec) : set the first date of the Christmas holiday (the last will be 31st December)
- rade New Years Holidays : enables/disables trading for the New Years holiday
- New Years Holidays End (5th Jan) : set the last date of the New Years holiday (the first is 1st January)

Set Trading Sessions

- Enable Trading Sessions : enables/disables trading sessions/times (if set to false, ignore the tome settings below)
- Trade Tokyo Session : enables/disables trading during this session
- Start Tokyo Session : the time when this time sessions starts
- Finish Tokyo Session : the time when this time sessions ends
- Trade London Session : enables/disables trading during this session
- Start London Session : the time when this time sessions starts
- Finish London Session : the time when this time sessions ends
- Trade New York Session : enables/disables trading during this session
- Start New York Session : the time when this time sessions starts
- Finish New York Session : the time when this time sessions ends
- Use Auto GMT Offset : enables/disables the automatic time (does not work when testing in the strategy tester)
- Set Manual GMT Offset (disable Auto!) : enables/disables the manual time

Trend & Signal

- TS Indicator name (without ".ex5") : the name of our trend/signal indicator (currently RobotFX-MA)
- Determine the Trend by : the way the EA determines the trend
1. Trend Line Color - the EA considers an uptrend if the color of the Trend line is upcolor, and downtrend if it is downcolor. The colors can be set by the trader.
2. Trend Line Price Position - the EA considers an uptrend whenever the price is above the trend line, and a downtrend when the price is below
3. Trend Line Price Position & Color - both the conditions above must be met for the EA to determine the trend (uptrend = trend has upcolor AND the price is above the trend line, and vice-vwrsa for the downtrend)
4. Trend Detector Disabled - with this option set, the EA will not consider the trend at all, and it will trade only based on the signal moving average
- Trend Length : similar to the normal moving average 'period', this sets the behaviour of the trend line
- Trend Price : similar to the moving average 'apply to', this determines whether the trend is calculated/displayed based on the candles' open, close, etc
- Trend Shift : set a shift for the trend line
- Signal Length : similar to the normal moving average 'period', this sets the behaviour of the signal line
- Signal Price : similar to the moving average 'apply to', this determines whether the signal is calculated/displayed based on the candles' open, close, etc
- Signal Shift : set a shift for the signal line

HI/LO Zone

The HI/LO Zone is an additional measure that can be used to filter fake trading signals. If the HI/LO Price Distance is, for example, set to 30 pips, and the EA detects a buy signal, it will validate it and enter a long trade ONLY if the price is at least 30 pips away from the highest level (of the HI/LO Zone). For the short trades, the following applies - the price must be at least 30 pips away from the lowest HI/LO zone level.
- HI/LO Bars/Candles : enter the number of previous bars/candles/bricks that you want the highest and lowest levels to be used by the EA
- HI/LO Price Distance (pips) : the distance in pips away from any of the high/low levels for the EA to validate a trade entry (set to 0 to disable the HI/LO confirmation)
- Show the HI/LO Levels : whetver or not to display the HI/LO levels on the chart

Trading Settings

- Allow Trading : set the types of trades the EA is allowed to trigger, or disable trading
- Automatic LotSize Management : set to true if you want the EA to open positions with a lotsize determined by a percantage (below) of free margin
- Lotsize is % of Free Margin : if the above is set to true, the EA will place trades with a lotsize equal to the product of this decimal number and the free margin
- LotSize is Fixed Amount (Automatic=false) : in case the Automatic LotSize Management is set to false, this is the lotsize that the EA will use when opening new trades
- Minimum Profit ($) : the minimum profit can be used in addition with other criteria when closing opened trades or baskets of trades (further below)
- StopLoss (pips) : value in pips that the EA will use to plase the stop-loss away from the opening level
- TakeProfit (pips) : value in pips that the EA will use to plase the take-profit away from the opening level
- Maximum Orders : this sets the maximum number of trades that the EA is allowed to have opened on the same chart, at any time
- Open Next Trade (bars) (doesn't apply to hedging trades) : when more than the trades is allowed to be opened (above), this is the number of bars/candles that must be formed between the new trade and the last opened one
- BreakEven & Trailing Stop (pips) : value in pips for the price to go in our favor, for the EA to place a new stop-loss or the break-even
- Trailing Step (pips) : when trailing the price, the SL will move (if allowed by the BreakEven & Trailing Stop), each time the price will move this distance in pips
- BreakEven Buffer (pips) : can be used to set a buffer and therefore lock a certain profit
- Slippage : the distance the price is allowed to move (in pips) from the order placement (the EA) until execution (broker's server)
- When Maximum Orders is Reached Close All Trades : whether or not to close ALL trades on the chart when the maximum orders of opened trades (at the same time) is reached
- ...but only if their profits >= Minimum Profit : if set to true, the EA will obey previous command only if the sum of all the trades' profits is at least equal to the Minimum profit
- When Minimum Profit is Reached : determine what to do when we have mixed/opposite trades on the chart and the minimum profit is reached
This option is very useful when hedging and we want to close a basket of opened trades at breakeven so we can focus on other trading opportunities
1. Close All Opened Trades : the EA will start closing all opened trades on the chart as soon as the minimum profit is reached, as well as delete any existing pending orders, so the trader can start trading/hedging again
2. Close Losing Trades & Set BE : this instructs the EA to close only the losing trades and allow the winners to remain opened and acumulate profit
3. Do Nothing : ignores the minimum profit
- Close Opened Trade/s when Signal Color Changes : instructs the EA to close opened trade/s when the signal line changes color
- ...but only if their profits >= Minimum Profit : if set to true, the EA will obey previous command only if the trade/sum of all the trades' profits is at least equal to the Minimum profit
- Close Opposite Trade/s when Opening New Trade : instructs the EA to close opposite trade/s (if any) whenever there is a valid trading signal, just before triggering the new trade
- ...but only if their profits >= Minimum Profit : if set to true, the EA will obey previous command only if the trade/sum of all the trades' profits is at least equal to the Minimum profit
- After EA Closes Trades (above) : what should the EA do after it closes a trade or a basket of trades following the criteria above1.
1. Remove the EA : remove itself from the chart
2. Close the MetaTrader : close the MT5 terminal
3. Continue Trading : continue trading as instructed to do
- Chart Comments/Info : display chart comments/buttons
- Enable Alerts : enable trading alerts
- Trades Comment : set a comment for all opened trades. Once the EA starts to trade, it is recomended not to change it.
- Magic Number : set a magic number so the EA can identify trades open by itself, on a specific chart, and manage them accordingly. Once the EA starts to trade, do not change it.

Hedging

- Select Hedging Method : choose the hedging method or disable hedging
1. Hedge Recovery Zone : this hedging method places opposite pending orders or opens opposite trades at a fixed distance, similar to 2 paralel lines: the level above it buys, below it sells
2. Hedge with the Trend : this is a more advanced hedging technique often mistaken with martingale, and allows the EA to open higher lotsize trades BUT at a distance set by the trend/signal criteria. In a nut-shell, if there is no new trend and a valid signal, the EA will not open the opposite (hedging) trade.
3. Do Not Hedge - this option disables hedging
- Use Hedging LotSize Multiplier : set a fixed multiplier when hedging is enable (below), otherwise the EA will determine the lotsize based on the stoploss/recovery zone
- Hedging LotSize Multiplier : determine the hedging multiplier
- If Hedging with the Trend, Hedge 1st Trade in Recovery Zone : places one hedging (opposite pending order) trade at the recovery zone distance when a trade is triggered, even though hedging with the trend is enabled instead of hedging a recovery zone
- Force Hedge if Price Gaps Occurs : when a gap occurs, such as when trading over the weekends, and the price goes below/above the other recovery zone level, force the EA to fast open a trade instead of placing a pending order which is no longer possible

Martingale

- Enable Martingale : whether or not to use martingale
- Martingale LotSize Multiplier : if a trade is lost (end with a negative profit), and martingale is enables (above), the lotsize of the next opened trade will be determined by the previous lotsize multiplied by this number. Therefore, if this is set to number below 1 (o.4), the lotsize of the next order will be lower, not higher as in a martingale strategy.
- Martingale Consecutive Losing Trades : how many times the EA is allowed to martingale (supposing the trades' results are the same, negative) before it will resume trading with the normal lotsize