This article will explain the parameters of the Fader EA.
Name | Range of Values | Description |
Size | 0, 0.01, … n | Size of the order |
MinLevel | 0, 0.01 … n | Minimum spike size/price in order to place Limit/Market Order |
MaxLevel | 0, 0.01 … n | Maximum spike size/price in order to place Limit/Market Order |
Absolute Prices | true/false | Set to true to use prices for Min Level/Max Level. \nSet to false to use spike sizes |
EnableBuy | true/false | Enable/disable Buy signals |
EnableSell | true/false | Enable/disable Sell signals |
MinTrigger | 0, 1, 2, 3 | Minimum Trigger Level (set to 0 to accept No Trade signals) |
MaxTrigger | 0, 1, 2, 3 | Maximum Trigger Level |
MinSpike | 0, 0.01 … n | Minimum Spike Size in order to place trades. \nMaxR% will be ingored on Spikes < MinSpike |
Max R % | 0, 1 … 100 …n | Maximum Retracement. \nOrder will be cancelled if current price has retraced more than the MaxR% from Spike End. \nSet to 0 to disable |
SL % | 0, 1, … 100 … n | SL in percentage of spike size |
Min SL in Pips | 0, 0.01 …n | Minimum pip size for SL value (overrides SL%) |
Max SL in Pips | 0, 0.01 …n | Maximum pip size for SL value (overrides SL%) |
TP % | 0, 1, … 100 … n | TP in percentage of spike size |
Min TP in Pips | 0, 0.01 …n | Minimum pip size for TP value (overrides TP%) |
Max TP in Pips | 0, 0.01 …n | Maximum pip size for TP value (overrides TP%) |
First Target | 0, 0.01 …n | Profit level at which SL is automatically tightened |
First Target SL | ± 0, 0.01 …n | Distance of SL from Open Price if First Target is activated |
Scale Out | 0, 0.01 …n | Profit Target where position will be partially closed |
Scale Out % | 0, 1 … 100 | Percentage to be closed at Profit Target |
Activate Time | 0, 1 … n | Time after Signal Time when will try to place Limit/Market Order |
Delete Time | 0, 1 … n | Time after Signal Time when EA will delete Limit Order. you can reactivate the EA by clicking GO button on the interface after Delete Time is passed |
Enable Signal | true/false | If set to false EA will use Event Time for Spike Start calculation |
Record Ticks | true/false | Enable Tick recording function |
Record Before | 0, 1 … n | Time in seconds when tick recording will start before Event Time |
Record After | 0, 1 … n | Time in seconds when Tick recording will stop after Event Time |
Path | Folder where ticks will be saved on disk | |
SchMonth | 0, 1 … 12 | Event Month |
SchDay | 0, 1 … 30 | Event Day |
SchHour | 0, 1 … 24 | Event Hour |
SchMinute | 0, 1 … 60 | Event Minute |
TimeFrame | M1, M5, M15, H1, H4, D, MN | Set chart time frame on terminal (M1…H4,MN) |
The interface allows you to change some parameters after you loaded the EA.