Golden US Nights MT5 - Settings Description - Other - 19 April 2025

IMPORTANT:

To make use of Auto GMT and/or Information Filter, open Terminal-Tab “Instruments->Knowledgeable Advisors->Permit WebRequest for listed URL:” and add (with out Citation marks):

“https://www.worldtimeserver.com/time-zones/utc“

“http//calendar.fxstreet.com/“[_ GENERAL PARAMETERS _]

Magicnumber

Using an distinctive Magic Quantity ensures that different specialists’ trades or manually opened trades can’t be influenced. Then again, care should be taken to make sure that different specialists will not be configured with the identical Magic Quantity. If the worth ‘0’ is ready to the Magic Quantity, manually opened trades will probably be included!

Order Remark

Fills the Remark discipline of trades with the right here preset textual content.

Session opening energetic

If set to “false”, solely the present energetic market trades together with presumably additional upcoming discount trades that belong to that session are regarded to be operated. After closing present orders, no extra buying and selling exercise takes place till setting the parameter to “true”.

Play Sound on Revenue Closing

Performs the sound just like “ta-ta!”, if the session grew to become closed.

Play Sound whereas Revenue Trailing

Performs the sound just like “tick-tick”, throughout Revenue Trailing exercise

[_____ MONEY MANAGEMENT _____]

Acc. Threat Mode

If Cash Administration is used, presets the kind of how the out there account quantity turns into utilized. The most secure setting is ‘Margin’. Nevertheless, ‘Margin’ won’t be at all times appropriate on Leverage 1:30 accounts which are usually used within the EU international locations due to their authorized restrictions.

Acc. Free Quantity(%) for use (All = 100%)

Limits the utmost quantity of whole steadiness for use by this EA.

Acc. Max. Threat%/Commerce (0=disabled)

Set the worth based on your threat tolerance.

Lotsize Min. (Threat% = 0 mounted)

If ‘PositionRisk’ set to zero, this lot measurement turns into used for all opened trades.

LotSizeMin Max. (Threat% > 0 max.)

If ‘PositionRisk’ set to increased than zero, this lot measurement turns into the utmost for use for all opened trades even when the out there free account quantity for buying and selling just isn’t been exhausted.

Max. Orders to be opened

If set to a couple of, attainable restoration orders would possibly turn into opened based on the sample. In that case solely orders in the identical route of the preliminary order are positioned.

[_____ TRADING PARAMETERS _____]

Allow Orders Lengthy

If set to ‘false’, no lengthy orders will turn into opened.

Allow Orders Brief

If set to ‘false’, no brief orders will turn into opened.

Max. Unfold

Most of allowed unfold to open or to function trades. If exceeded, pending orders turn into closed and market positions are stopping attainable energetic trailing revenue operations for the time of huge unfold.

Max. Slippage

Refers to earlier level. Set the worth based on your threat tolerance.

Market Order Entry Path Distance (digital)

If a buying and selling sign happens, the Knowledgeable units a digital entry value in a distance from the present market value. If the market value strikes additional towards the buying and selling route, the trailing value follows with the given distance in steps set within the following parameter.

Market Order Entry Path Step (digital)

‘Path Step’ refers to earlier parameter..

[_____ CLOSING PARAMETERS _____]

[_____ TP/SL Section (fixed) _____]

StopLoss (0=disabled)

Preset mounted Stoploss worth in Factors.

TakeProfit (0=disabled)

Preset mounted most Takeprofit worth in Factors.

Shut worthwhile Order Finish of Day

If enabled, worthwhile orders turn into closed earlier than the Rollover market shut. In case of unfavourable Swap on the buying and selling route, a attainable discount of subsequent day’s revenue will be averted. Particularly to be thought-about on Wednesdays, when Triple Swap considerably reduces revenue.

Shut worthwhile Order Finish of Day (TP)

If ‘Shut worthwhile Order Finish of Day’ enabled, minimal revenue degree in factors to shut order by finish of the day.

[_____ Trailing Profit Section _____]

Revenue Breakeven Activation (0 = disabled)

Prompts the mounted revenue set by ‘Revenue Breakeven Activation Distance’. (See under)

Revenue Breakeven Activation Distance (= min. saved Revenue)

Units the saved revenue earlier than beginning Trailing by ‘Revenue Breakeven Activation’. (See under)

Revenue Path Mode

Units the type of Trailing Revenue mode. ‘Percentual’ follows the value with reducing distinction between the present value and the digital Stoploss.

Revenue Path Activation by ATR > ‘Revenue Path Activation’

Permits revenue path activation by ATR degree as a substitute of utilizing the preset ‘Revenue Path Activation’ if the present ATR degree exceeds that degree.

Revenue Path Activation (If ATR used, units min. Revenue degree)

Permits revenue path activation from this degree if ATR trailing is disabled.

Revenue Path (%) saved @ Path Activation

Percentual begin worth of the present Revenue Trailing that’s protected but. Relying of the preset Revenue Trailing Mode.

Revenue Path to Value min. Distance

Minimal distance between present market value and trailing value earlier than revenue turns into taken on value retreat.

Revenue Path to Value Step

The step in Level(s) to trace the digital Revenue Trailing.

[_____ TRADING TIME SETTINGS _____]

Session Entry Hour

Hour the place the entry buying and selling time begins.

Session Entry Minute

Minute the place the entry buying and selling time begins.

Session Cease Hour

Hour the place the entry buying and selling time stops.

Session Cease Minute

Minute the place the entry buying and selling time stops.

Cease Day December (0 = disabled)

In December the costs would possibly turn into increasingly more erratic because the buying and selling actions are fading for the tip of yr shut. This causes poor liquidity out there.

Begin Day January (0 = disabled)

To start with of January, many merchants are nonetheless on holidays that outcomes the identical like in December. Subsequently, it’s higher to begin buying and selling after the 2nd week of January.

Commerce on Wednesday (test unfavourable Swap!)

Examine the Dealer’s Swap charge for the instrument and take into account that on Wednesday the Swap is triple as excessive as on the opposite weekdays. If the unfavourable Swap charge is increased than set within the subsequent two parameters and ‘Commerce on Wednesday’ is disabled, the Knowledgeable doesn’t commerce that day.

Swap Restrict Lengthy/Lot (Add ‘-‘, if unfavourable!)

Add the Swap for lengthy (Purchase) orders. If the Swap is unfavourable, place a minus (-) in entrance of the worth!

As Swaps would possibly change every so often, add the minimal unfavourable worth you’d settle for for buying and selling Triple Swap Day.

Swap Restrict Brief/Lot (Add ‘-‘, if unfavourable!)

Add the Swap for lengthy (Purchase) orders. If the Swap is unfavourable, place a minus (-) in entrance of the worth!

[_____ NEWS FILTER SETTINGS _____]

Use Pause on Occasions

Allow Information Filter.

Draw Occasions Timelines

Allow Information Filter.

Use Auto GMT Replace

Permits/disables to make use of mounted GMT distinction.