|
lots (100,000 currency unit) |
|
pips |
|
pips
A position will be liquidated when its unrealized profit reaches TakeProfit pips.
This is an pending order. Make sure to consider the stop level of your broker. |
|
pips
A position will be liquidated when its unrealized loss reaches StopLoss pips.
It is strongly recommended that StopLoss be set to prevent an excessive loss of your funds. However, if you do not want to set this value, leave it blank or enter "0". This is an pending order. Make sure to consider the stop level of your broker. |
|
pips
pips)
Trailing Stop Function continuously lifts up/down StopLoss level when the price is updated, to the new level TrailingStop pips above/below the price. It does not move StopLoss level to the new level when it is less favorable than the original level. TrailingStop function is enabled when TrailingStop is set above "1". This is an pending order. Make sure to consider the stop level of your broker. |
|
pips
Break Even function is triggered when the unrealized profit of a position reaches BreakEven pips. When triggered, it lifts up/down StopLoss level to the open price of the position, or the price BreakEvenMargin pips above/below it. It does not move StopLoss level to the new level when it is less favorable than the original level. |
| CounterOrder |
If enabled, Counter Order function immidiately takes a new position to the opposite directeion when a position is liquidated. Please be informed that the EA will always hold a position after the first one is taken when this function is enabled. |