USER GUIDE – AZ Aurum Breakout EA
Methods to Use
Step 1: Setup and Technique Choice
The EA consists of a number of buying and selling methods, with extra methods deliberate for future updates.
Preset recordsdata are designed for particular setups. All the time guarantee the right file is used with the corresponding timeframe.
Vital pointers:
Technique 1 operates with the default parameters and doesn’t require any exterior file
Technique 2 should be used with the suitable preset configuration
When testing different setups, all the time apply the matching preset file
Step 2: Image Digit Configuration
All default configurations are primarily based on commonplace 2-digit pricing for Gold.
In case your dealer makes use of a 3-digit format, you possibly can regulate in two methods:
Use a preset file designed for 3-digit pricing
Or allow the inner digit adjustment possibility for Gold (3-digit mode)
This ensures that Cease Loss, Take Revenue, and different calculations are utilized appropriately.
Step 3: Time Settings
Appropriate time configuration is important for correct EA operation.
Out there choices:
Automated mode: the EA detects dealer server time
Handbook mode: set your dealer’s GMT offset manually
Correct time settings are vital as a result of the EA manages buying and selling periods and handles pending orders primarily based on market closing durations. Incorrect configuration might lead to trades being held throughout unfavorable situations.
Step 4: Information Filter
The EA features a information filter to assist keep away from buying and selling throughout main financial occasions.
Choices:
Allow the built-in information filter
Or manually pause buying and selling throughout high-impact occasions
Really useful strategy:
Use the customized information filter to manage which occasions must be averted
This helps cut back publicity to sudden volatility and value spikes.
Step 5: Unfold Management
The unfold filter helps forestall trades throughout unfavorable market situations.
Default worth is disabled, however handbook configuration is advisable.
Steered setup:
Verify the common unfold of your dealer
Set the utmost unfold to roughly twice the common worth
This helps keep away from poor commerce entries brought on by irregular unfold situations.
Closing Suggestions
- Use a low-spread dealer with secure execution
- VPS is advisable for steady operation
- All the time match the technique, timeframe, and preset configuration appropriately
- Take a look at settings in a demo atmosphere earlier than stay buying and selling
Select how the EA calculates lot dimension.
Lot dimension is calculated primarily based on a proportion of account fairness.
Instance: 2 means 2% threat per commerce.
Makes use of a continuing lot dimension for all trades.
Lot dimension relies on a proportion of accessible free margin.
Defines a base steadiness unit used for scaling lot dimension.
Lot dimension will increase proportionally with steadiness development.
Limits the utmost lot dimension.
Select the buying and selling technique.
Technique 1 → H1 timeframe
Technique 2 → M15 timeframe
Every technique has its personal inside settings.
For finest outcomes, use the right preset file for the chosen technique.
Used to match dealer value codecs.
Some brokers use totally different digit codecs for Gold (XAUUSD).
Instance: 2-digit or 3-digit pricing.
In case your dealer makes use of 3-digit Gold → choose the matching possibility
In any other case → preserve default setting
Goal revenue stage (factors).
Most loss restrict per commerce (factors).
The Break Even characteristic protects revenue by shifting the Cease Loss to a safer stage as soon as a commerce reaches an outlined revenue.
Flip the characteristic on or off
Revenue stage (factors) required to activate
Distance (factors) the place Cease Loss will likely be moved
If Begin = 20 and Step = 5 → as soon as commerce reaches +20 factors, Cease Loss strikes to +5 factors in revenue
Trailing Cease routinely adjusts Cease Loss because the commerce strikes into revenue.
Allow or disable trailing
Minimal revenue (factors) to start trailing
Distance used to maneuver Cease Loss
After reaching the beginning stage, Cease Loss follows the worth step-by-step, locking in revenue till the commerce closes
Controls when the EA is allowed to commerce.
Set GMT mode (Auto or Handbook)
Outline buying and selling session begin and finish time
Allow or disable buying and selling for particular days
This helps keep away from low liquidity durations and management buying and selling hours
Pauses buying and selling throughout vital financial occasions.
Allow or disable information filter
Set minutes earlier than information to cease buying and selling
Set minutes after information to renew buying and selling
Choose which information influence ranges to filter
This helps cut back threat throughout excessive volatility durations
Limits when new trades may be opened.
Management variety of lively trades
Restrict day by day buying and selling exercise
Cease buying and selling after revenue or loss limits
Shield account throughout drawdown
These filters assist cut back overtrading and handle threat successfully
Permits trades to be closed routinely below particular situations.
You possibly can outline guidelines primarily based on:
This gives extra management over commerce exits
Defines core buying and selling habits and security controls.
Max Unfold → Blocks trades when unfold is simply too excessive
Shut on Excessive Unfold → Removes pending orders throughout excessive unfold
Fee per Lot → Used for calculation if wanted
Embody Unfold in SL → Adjusts Cease Loss with unfold
Slippage → Most allowed execution distinction
Magic Quantity → Distinctive ID for EA trades
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