Person handbook for Revenue Pattern V-EA software program
1. Set up and start-up
1.1. The Revenue Pattern V-EA .ex4 file needs to be put in within the MQL4 Specialists listing that you would be able to
discovered by deciding on the “Open Information Folder” possibility within the “File” menu of the Meta Dealer 4 platform.
1.2. The software program makes use of the next indicators:
– Customized Shifting Averages
– Stochastic Oscillator
The above indicators needs to be put in within the MQL4 Indicators listing by default.
The software program prompts the pointers by itself and reads them within the pc’s reminiscence.
It isn’t vital for the person to plot the symptoms on the chart, however it’s going to
useful in observing alerts interpreted by the algorithm.
1.3. To be able to run the software program, drag it onto the chosen graph
instrument from the “Navigator” menu of the Meta Dealer 4 platform.
1.4. The graph on which the software program has been run informs the algorithm in regards to the instrument
and the interval at which the evaluation needs to be carried out.
2.1. Distinctive app Id (+5000) – Algorithms on the Meta Dealer platform determine their very own positions too
utilizing the quantity recorded when sending the order, this quantity can also be known as
generally a magic quantity .
Every copy of the software program operating on the platform ought to have the “Distinctive
app Id ”no less than 5000 completely different from some other quantity utilized by
Algorithms already working on the platform (additionally from different producers) . For instance, when
one copy of the software program works on a pair of EURUSD and M5 interval with the parameter
“Distinctive app Id” equal to 700 is one other copy, eg operating on the H1 interval, it ought to
have this quantity fastened at e.g. 5700.
3.1. Route – The parameter means that you can outline what orders might be despatched by the algorithm.
3.1.1. Route – Lengthy + Quick Change Double – Mode – When the “ Route ” operate works in
In ” Lengthy + Quick Change Double ” mode, the parameter defines the tactic of calculating the dimensions
positions for the basket within the different route when the closed positions present reverse positions
184.108.40.206. The ” Add quantity ” possibility will add the worth specified by the ” Route – Lengthy + ” parameter
Quick Change Double – Issue ”to the amount with which the biggest of the
closed baskets in the other way.
220.127.116.11. The ” Multiply quantity ” multiplied by the worth in ” Route
– Lengthy + Quick Change Double – Issue ”by the amount with which it began
the biggest of the closed baskets in the other way.
3.1.2. Route – Lengthy with Quick All – This feature prompts the operate of opening a number of positions in
similar route after a commerce sign happens. Lengthy positions opened
are by operate at ever decrease costs and quick gadgets at ever greater costs.
18.104.22.168. Route – Lengthy with Quick All – Positions max. – The parameter means that you can specify
the utmost variety of gadgets in the identical route to be reached by the operate
can open new positions.
22.214.171.124. Route – Lengthy with Quick All – Distance min. – The parameter specifies the minimal
the gap in factors between the market worth and the opening worth of the final place.
3.2. Begin time & Cease time – Parameters permit you to outline the hours when they need to be
alerts searched by the algorithm. The parameter has no impact on already open positions that
are monitored on a regular basis the algorithm is enabled.
3.3. Place – Quantity – This parameter means that you can outline the preliminary dimension of the place in heaps.
3.4. Place – Good TP & TS – The parameter prompts the operate that can shift the TP ranges and / or
Trailing cease, when the end result from the indicated variety of just lately closed positions exhibits a loss.
TP ranges will likely be shifted by an quantity that can compensate for the loss from the earlier ones
place and, if Place – Good TP – Revenue further (forex) is larger than
zero, it’s going to increment the end result by the suitable quantity within the deposit forex.
Inside the “Trailing cease” operate, the activation degree of the operate, ie the extent, is eliminated
decided by the parameter ” Trailing cease – Begin – Factors “. The extent change happens at
worth analogous to TP operate.
3.4.1. Place – Good TP & TS – Positions included – The parameter means that you can specify a quantity
just lately closed positions from which the end result needs to be summed up inside
For the “Good TP & TS” operate to work correctly, the terminal needs to be totally seen
Account historical past.
3.5. Place – SL – Factors – This parameter means that you can specify the cease loss distance in factors.
A worth of zero disables the operate.
3.6. Place – TP 1 – Factors
Place – TP 1 – % – Parameter pairs with the identical numbers permit
configure the operate of partial closing of positions on the indicated ranges.
The algorithm means that you can shut positions in as much as three components. When configured
there is just one pair of parameters and the remaining pairs are zero the algorithm will shut
place in full on the indicated degree. When two parameter pairs are configured
the algorithm will shut the place in two components and equally to shut the place in three
components, you need to enter values larger than zero for all parameter pairs.
The “Place – TP # – Factors” parameter specifies the gap in factors from the opening worth
the place needs to be closed, and the dimensions of the place to be left
closed is laid out in share by the parameter “Place – TP # – %”.
The sum of the “Place – TP # – %” parameters for the activated ranges ought to all the time
be 100 . For instance, wanting the algorithm to shut your complete place the primary time
you solely must configure a pair of parameters labeled “Place – TP 1” and
getting into the worth 100 for the parameter “Place – TP 1 – %”. Nonetheless, to
configure the closing of your place in order that it’s divided into three steps to be taken
configure all pairs of parameters, remembering that the sum of the parameters “Place – TP
1 – %, “Place – TP 2 – %”, and “Place – TP 3 – %” gave a price of 100.
For the operate of partial closing of the place to work correctly within the terminal it needs to be
all account historical past is seen. If the account historical past will not be seen, the algorithm won’t
can have entry to the data wanted to make the required calculations.
The whole account historical past might be considered by deciding on the “Account historical past” tab of the terminal,
after which within the displayed window by deciding on the “All historical past” possibility from the context menu.
3.7. Place – Scale up – activating the parameter will activate the operate that provides subsequent gadgets, when
the earlier place is worthwhile and one of many following two situations is met:
3.7.1. Place – Scale up – Positions max. – The parameter specifies the utmost quantity
concurrently open positions in a given route.
3.7.2. Place – Scale up – Combine TP & TS – Activating the parameter will make the capabilities
TP (level 3.6 of the instruction) and Trailing cease (level 3.10 of the instruction) will outline the frequent
TP and TS ranges for all gadgets in the identical route.
The parameter is ignored for baskets that run with the Grid operate turned on –
Take revenue – Impartial (level 3.12.8 of the handbook).
3.7.3. Place – Scale up – Bars – New merchandise will likely be added when open
the earlier place, there would be the variety of candles within the acceptable parameter, specified by the parameter
route. The incidence of the candle in the other way cancels the opening of the place.
3.7.4. Place – Scale up – Factors – A brand new place will likely be added when the market strikes away by
a sure variety of factors from the opening worth of the earlier place.
Objects added below the “Place – Scale up” operate will likely be dealt with by the w
the identical method as positions that had been opened after the sign of the intersection of the averages. They personal
they share the identical capabilities as eg partial TP and Grid.
3.8. Place – Reverse shut – Operate that closes a lossy basket of orders when there are two baskets
reverse orders will make a complete revenue.
3.8.1. Place – Reverse shut – Revenue – Factors – Minimal revenue in factors achieved
on two baskets of orders required to shut a lossy basket of orders.
3.8.2. Place – Reverse shut – Revenue protected – Factors – Revenue in factors as will
secured on a worthwhile order basket after closing the loss basket.
3.8.3. Place – Reverse shut – Loss period – The minimal time in minutes that should be
elapse after opening the primary place in a loss basket for it to remain
3.8.4. Place – Reverse shut – Trailing cease – This parameter prompts the trailing cease operate
a worthwhile order basket after the loss basket is closed.
126.96.36.199. Place – Reverse shut – Trailing cease – Cease – Factors – The parameter specifies
distance in factors for the cease loss degree decided by the Place operate –
Reverse shut – Trailing cease .
188.8.131.52. Place – Reverse shut – Trailing cease – Step – Factors – The parameter specifies
minimal by what number of factors the brand new cease loss degree ought to differ from
earlier to be up to date by Place – Reverse shut –
Trailing cease .
3.9. Place – Partial reverse shut – The operate permits for partial closing of orders with
revenue made on different positions in any route.
3.9.1. Place – Partial reverse shut – Revenue min. – The parameter determines the minimal revenue in
the factors anticipated to be achieved within the order closing operation.
3.9.2. Place – Partial reverse shut – Loss min. – The parameter specifies the minimal w loss
factors for shedding orders.
3.9.3. Place – Partial reverse shut – Loss quantity min. % – The parameter specifies the minimal
the amount of loss orders as a share that needs to be closed by
capabilities. For instance, a price of 10 signifies that a shedding order ought to keep
closed by no less than 10 p.c.
3.9.4. Place – Partial reverse shut – Loss / Revenue quantity min. % – The parameter specifies
minimal share ratio of the amount of a loss order to the amount
worthwhile place. For instance, a price of 10% signifies that the amount being closed
a lossy order needs to be no less than 10 p.c of the worthwhile quantity
place. The parameter is ignored when a shedding order might shut in
3.10. Trailing Cease – The Trailing Cease operate has the next parameters:
3.10.1. Trailing cease – Enabled – the parameter prompts the operate.
3.10.2. Trailing cease – Begin – Factors – the parameter specifies the minimal revenue in factors
needs to be reached for the operate to start out setting the cease loss degree.
3.10.3. Trailing cease – Cease – Factors – This parameter specifies the gap in factors for the extent
cease loss decided by the Trailing Cease operate.
3.10.4. Trailing cease – Step – Factors – This parameter specifies the minimal variety of factors – new
the cease loss degree needs to be completely different to the earlier one to be up to date
by the Trailing Cease operate. The operate is to restrict the variety of orders despatched
to the buying and selling server as some brokers have limitations in
3.11. Cash supervisor – Enabled – The parameter allows the next capabilities:
3.11.1. Cash supervisor – Skilled stability preliminary – This parameter defines the preliminary degree
funds on the idea of which capital administration capabilities are carried out. This degree
is up to date on the idea of the outcomes of concluded transactions and is seen in
data panel as ” Skilled stability “.
When the ” Skilled stability ” degree (or the “Skilled stability” degree minus the loss
from presently open positions) will drop to a price lower than or equal to zero
all orders will likely be closed and the algorithm will cease working.
3.11.2. Cash supervisor – Distribution of revenue – This parameter means that you can outline (in
p.c) how a lot of the revenue from every closed place needs to be added to
Skilled stability values .
3.11.3. Cash supervisor – Quantity further – This parameter defines the worth by which it needs to be
enhance the place quantity every time the ” Skilled stability ” degree
will likely be elevated by the worth specified by the parameter “Cash supervisor – Quantity
further – Revenue “.
3.11.4. Cash supervisor – Quantity further – Revenue – Parameter defines by what worth
” Skilled stability ” ought to enhance to extend the amount of the place.
3.11.5. Cash supervisor – Present data – The parameter prompts the operate that shows
the data panel on the chart.
To ensure that the “Cash supervisor” operate to work correctly, the terminal needs to be totally seen
Account historical past.
3.12. Grid – Enabled – This parameter prompts the operate of making order baskets that works in
based mostly on the next parameters:
3.12.1. Grid – Lot calculation kind – Parameter defines the tactic of figuring out the dimensions
subsequent gadgets within the basket and has the next choices:
184.108.40.206. Begin – The quantity of every order within the basket would be the similar as
first order quantity.
220.127.116.11. Fibo – The quantity of subsequent orders within the basket will likely be elevated in keeping with
coefficients based mostly on the Fibonacci sequence, i.e. 1, 1, 2, 3, 5, 8 …
18.104.22.168. Sum begin – The quantity of subsequent orders within the basket will likely be elevated
by coefficients which are a collection of consecutive numbers, i.e. 1, 2, 3, 4, 5 …
3.12.2. Grid – Most – Purchase orders & Grid – Most – Promote orders – The parameters are decided by z
what number of orders might include a basket of a given kind.
3.12.3. Grid – Step – Kind – This parameter means that you can outline the best way by which the step is set
for subsequent orders within the basket and takes the next values:
22.214.171.124. Static – The gap for orders is fixed and decided by the Grid parameter
– Step – Factors
126.96.36.199. Dynamic – Add factors – The gap for subsequent orders is elevated by
worth in factors specified by the parameter Grid – Step – Dynamic – Factors or
Multiplier. The preliminary worth is outlined by the parameter Grid – Step –
188.8.131.52. Dynamic – Multiply – The gap for the following order will likely be
a a number of specified by the parameter Grid – Step – Dynamic – Factors or
Multiplier , the gap between the earlier two orders. For instance
by configuring the Grid – Step – Dynamic – Factors or Multiplier parameter equal to 2 and
Grid – Step – Factors parameter equal to 100 the gap between the second and the primary
the order will quantity to a minimal of 100 factors, between the third and the second
a minimal order of 200 factors, and between the fourth and third orders
minimal 400 factors.
3.12.4. Grid – Step – Factors – This parameter specifies the minimal distance in factors between
orders within the basket. If the “Grid – Use sign” parameter is disabled, meet
this situation ends in including new orders to the basket.
3.12.5. Grid – Step – Closed bars – The parameter prompts a operate that requires a step
between orders within the basket was reached after closing the interval candle,
on which the algorithm works.
3.12.6. Grid – Use sign – Choosing an possibility aside from “None” will activate the operate that can add orders
to the cart if, along with the “Grid – Step – Factors” situation, a further sign happens
imply intersection or sign on a stochastic oscillator.
184.108.40.206. The “Averages” possibility will allow the intersection evaluation of the averages.
220.127.116.11. The “Stochastic” possibility will activate the stochastic oscillator evaluation.
3.12.7. Grid – Oposite shut – This parameter prompts the operate that closes the primary and final ones
an order in a basket when the revenue in factors for each orders reaches the desired worth
parameter Grid – Reverse shut – Factors . The operate prompts when within the purchasing cart
there will likely be a minimal of three jobs.
3.12.8. Grid – Take revenue – Impartial – The parameter prompts the operate that’s in Grid mode
ignores different algorithm settings for figuring out the take revenue degree i
it’s decided on the distance specified by the Grid – Take revenue – parameter
Impartial – Factors.
When Grid is on, TP and SL ranges are calculated based mostly on the breakven degree
your complete basket of orders.
4. Phase Indicators means that you can configure the enter of Ichimoku, Customized indicators
Shifting Averages and Stochastic Oscillator.
4.1. The interval for the symptoms is set by the chart interval on which
the software program has began.
5. The software program attracts an data panel and coloured traces on the graph
brekeven, cease loss and take revenue ranges. Font and line colours might be configured in