Final Trailing Cease EA: Basket Shut
BASKET CLOSE SETTINGS
- BasketClose in Complete $ Revenue — When whole $ Revenue of all managed trades is larger than enter worth, it would exit all managed trades. For instance, if you happen to indicated 10, you then can be instructing UTS to exit all its managed trades when their mixed whole revenue exceeds $10. Default is 0, which is inactive.
- BasketClose in Complete $ Loss — When whole $ Lack of all managed trades is larger than enter worth, it would exit all managed trades. For instance, if you happen to indicated 10, you then can be instructing UTS to exit all its managed trades when their mixed whole loss exceeds $10. Default is 0, which is inactive.
- BasketClose in % DD (Fairness-Stability) — When % DD of all managed trades is larger than enter worth, it would exit all managed trades. For instance, if you happen to indicated 10, you then can be instructing UTS to exit all its managed trades when their mixed whole drawdown exceeds 10%. Default is 0, which is inactive.
- Basekt Shut in % Updraw (Stability-Fairness) — When % updraw of all managed trades is larger than enter worth, it would exit all managed trades. For instance, if you happen to indicated 10, you then can be instructing UTS to exit all its managed trades when their mixed whole updraw exceeds 10%. Default is 0, which is inactive.
- Intial Stability for Simulated DD/UD — allows you to set a simulated stability so you may engineer different DD/UD eventualities. As an illustration, think about the case the place you’ve gotten 20 EAs operating in your 10K demo, however you found that solely two are actually good and the others are problematic; maybe the 18 problematic ones are creating a large DD, and also you wish to set a contemporary new stability of $1000 to your two good EAs. So that you set the Intial Stability for Simulated DD/UD=1000 to your two good EAS, and so once you work the Basket Shut in % DD/UD choices, they’ll work on this contemporary and impartial simulated stability. Default is 0, which is inactive.
- New Guages for the Panel:
Stability | Basket Fairness | Basket Revenue | Basket DD% | Basket UD%
This may be helpful to “see” at a look how shut you’re to your explicit basket targets. Keep in mind, as a result of you’ll be able to isolate your managed trades with our superior filters, Basket Fairness doesn’t present the account fairness, however intead the extra particular Stability + managed commerce Revenue. And, when you’ve got chosen a simulated stability, then Stability can be the simulated stability, and Basket Fairness can be Simulated Stability + managed commerce Revenue.
Level of clarification. The basket shut choices apply to all managed trades. So when you’ve got chosen in your filters that you just wish to management solely EURUSD, GBPUSD with magic of 1234, then the basket shut choices will solely apply to their $ revenue, $Loss or %DD, $Updraw, ignoring the remainder of the uncontrolled trades in your account. Should you wished these Basket Shut choices for all of the trades in your account, you may open up the filters, ensuring you’ve gotten Filter Image Filter = Equal and Filter Image Situation = None to work on all symbols.
Level of warning. It’s advisable that, if you happen to simply wish to deploy the basket shut strategies and never any of the 16 trailing SL strategies, it is best to put OpenTradeActive=false and NewTradesActive=false. Principally, it will mechanically deselect all open and new trades. Or you may deselect them manually your self. Or put threshold out of attain, like threshold=1000.
Or, alternatively, you may commerce with any of the 16 trailing SL strategies AND any of the basket closes on the similar time. Your alternative.
✅ Hyperlinks
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