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Tailor EA (MT5) Expert Advisor Input Parameters Guide – Trading Systems – 9 June 2023

admin by admin
June 10, 2023
in News


Tailor EA (MT5) Expert Advisor Input Parameters Guide


This guide provides a detailed explanation of the input parameters for the Tailor EA Expert Advisor and how they affect the EA’s trading behavior, using pips as the unit of measurement.
Input Parameters
N_pips (ushort): The number of pips used for specific calculations in the EA strategy.

Min_Corridor (ushort): The minimum size of the trading corridor in pips.

Max_Corridor (ushort): The maximum size of the trading corridor in pips.

InpLots (double): The fixed volume for trading, in lots. If set to 0, the EA will use the value of the Risk parameter for lot size calculation.

Risk (double): The risk percentage to be used for lot size calculation. If set to 0, the EA will use the value of the InpLots parameter.

STOPLOSSMODE (SLMode): The stop loss mode (fixed or Fibonacci-based).

FixSL (int): The fixed stop loss value in pips, used if STOPLOSSMODE is set to fixed.

TakeProfit (int): The take profit value in pips.

Fibo_StopLoss (ENUM_FIBO): The Fibonacci level used for stop loss calculation if STOPLOSSMODE is set to Fibonacci-based.

Trailing (bool): Enable or disable the trailing stop feature.

InpTrailingStop (double): The trailing stop distance as a percentage of the current profit.

InpTrailingStep (double): The trailing stop step as a percentage of the current profit.

TrailingStart (double): The profit percentage at which trailing stop is activated.

Line (bool): Display additional lines on the chart for trading levels and the trading corridor.

m_magic (ulong): The unique identifier for the Expert Advisor’s orders.

MaxSpread (int): The maximum allowable spread in pips.

StartHour (int): The start time for trading, in hours.

StopHour (int): The end time for trading, in hours.

FridayStopTime (int): The time on Friday when trading should be stopped, in hours.

TailorNews (string): A label for news filter settings.

NewsFilterMode (bool): Enable or disable the news filter feature.

MinsAfter (int): The number of minutes after news release during which trading is not allowed.

MinsBefore (int): The number of minutes before news release during which trading is not allowed.

Configuration

To configure the input parameters for the Tailor EA Expert Advisor, follow these steps:
Open the MetaTrader platform and navigate to the “Navigator” panel.
Find the “Expert Advisors” section and expand it.
Locate the “Tailor EA” Expert Advisor in the list and double-click it.
In the “Inputs” tab of the “Properties” window, you will find the input parameters listed above.
Adjust the parameter values according to your preferences and click “OK” to apply the changes.



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