USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019


USER GUIDE


USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019


CAP RSI Trading EA

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When loading the EA to any chart, you will be presented with a set of options as inputs. Do not despair if you think they are too many, because
parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  1. INITIAL TRADE SETUP


  • Initial Trade Type: Select initial trading strategy. EA come with two type of trading strategy.
  • Order Type: Select Initial type from any of below


    • Both Side (Long and short): EA follows both long and short when a signal is found.
    • Any Single Side: EA follows only one signal – long or short (which signal come first).
    • Long Side Only: EA follows only a long signal.
    • Short Side Only: EA follows only s short signal.
  • Initial Lots Type: Select initial lots type.
  • Initial Lots: Initial lots size.
  • XBalance: Select your balance
  • LotsizePerXBalance: Put lots size will be increase base your XBalance
  • MaxLots: Max Lots size (0-Mean Disable).
  • DailyMaxTrade: Set daily max initial order (0-Mean Disable).
  • Trend Filter: Set trend filter. 
  • EA CONFIGURATIONS
    • Max Grid Trades (0-Disabled): Max grid trades.
    • GAPs: Minimum distance to open a grid trade.
    • Grid Trade Only in Signal: EA opens a grid trade when a valid signal exists.
    • Grid Trade Only New Candle: If true, the EA opens only one grid trade per candle.
    • Close trade on opposite signal: If true, the EA closes a trade when the opposite signal is
      found.
    • Min Profit($) for opposite trade close: Select minimum profit for EA close trade when opposite signal found. If you set 0
      then EA close all trade when opposite signal found what ever trade loss or in profit. 
  • LOTS MANAGEMENT
    • LotsType (For Grid): Select lots type.
    • LotMultiplier (For Grid): Lot multiplier for the second and subsequent orders.
    • AddLots (For Grid): Value of add lots.
    • FixLots (For Grid): Value of fixed lots.
    • CustomLots (For Grid): Custom Lots for grid trade separate by semi-colon(“;”).
  • PROFIT/LOSS MANAGEMENT
    • Profit Behavior: Select Profit Behavior.
    • TakeProfit: Value of a take profit for an initial trade.
    • Loss Behavior: Select Loss Behavior.
    • StopLoss: Value of a stop loss for an initial trade.
    • Profit In Currency: Currency in profit.
    • After Number Of Order: “Currency in profit”, active after this number of order reach.
  • TRAILING MANAGEMENT
    • Trailing Type: Select Trailing type: Average means TR will be set to work on average trade price. Classic means TR will be set
      based on individual trade price.
    • Active Trailing: true – activate trailing (default – false).
    • Trailing Stop: Distance from an order open price in points for a trailing stop.
    • Trailing Step: Step in points for a trailing step to trigger.
  • TIME CONFIGURATIONS
    • GMT Mode:  if True, EA auto calculate your broker GMT time zone. 
    • ManualGMTOffset: if you select GMT Mode-Manual GMT then you have to put your broker correct GMT.
    • StartTime: Start trade trade hour.
    • MaxHourToTrade: Max hour to trade from StartTime.
    • MondayTrade to FridayTrade: Weekly day true/false.
  • ENABLE NEWS TIME
    • EnableNewsFilter:  To enable News Stop Trading (does not work in tester!).
    • LowNews, MidleNews, HighNews – Filter news importance level.


    IMPORTANT – 
    To enable News Stop Trading and AutoGMT, tick the “Allow WebRequest” option and add this two URL:

    1. http://ec.forexprostools.com
    2. http://time.is/UTC

    to the list of URLs for WebRequest. To do this, open Tools > Options > Expert Advisors. Check the option “Allow WebRequests for listed
    URL:”. Add the following:  

    “http://ec.forexprostools.com”,“https://time.is/UTC” and press “OK”. The EA takes news from the specified websites.


    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019


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    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019
    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019
    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019
    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019
    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019

    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019

    USER GUIDE - CAP RSI Trader EA - Other - 26 September 2019