Gold Donkey MT5 – Detailed Description – Different – 24 March 2025

March 25, 2025

43

Gold Donkey Panel Description

1

Handbook putting Purchase/Promote orders, Allow/disable route(s) for automated buying and selling. Earlier than any commerce turns into to despatched to market, a “CONFIRM” butten is proven as much as keep away from opening an order by mistake.

2

„SESS. ON“ permits automated opening the day by day session. “SESS. 1nc” permits solely the following following session. “SESS. OFF” disables automated buying and selling.

3

Handbook closing of all trades of the present working session. It doesn’t affect any exterior positioned trades manually or by different Specialists.

4

Shows/hides the Information Occasions Panel

5

Takeprofit in factors for Drawdown Discount orders. (Ref. to six and seven)

6

Degree of Drawdown Discount begin order.

7

Permits/disables Drawdown Discount characteristic.

8

Min. placement distance between restoration orders in factors. This worth may be modified onscreen based on the personally market suggestion.

9

“TrM” (Path Revenue Mode) units the Restoration Scaling Mode: Restoration Lot measurement growing by: Fastened (FX), Arithmetic (AR), Geometric (GM) or Geometric by Math-Energy (GP)

10

“TrL” (Takeprofit Path Begin Degree): The variety of orders when beginning taking revenue.

11

Max. unfold reset button.

IMPORTANT:

To make use of Auto GMT and/or Information Filter, open Terminal-Tab “Instruments->Knowledgeable Advisors->Permit WebRequest for listed URL:” and add (with out Citation marks):

“https://www.worldtimeserver.com/time-zones/utc“

“http//calendar.fxstreet.com/“[_ GENERAL PARAMETERS _]

Permit new Session

If set to “false”, solely the present lively market trades together with presumably additional upcoming discount trades that belong to that session are regarded to be operated. After closing present orders, no extra buying and selling exercise takes place till setting the parameter to “true”.

Play Sound on Revenue Closing

Performs the sound just like “ta-ta!”, if the session turned closed.

Play Sound whereas Revenue Trailing

Performs the sound just like “tick-tick”, throughout Revenue Trailing exercise

Magicnumber

The usage of an distinctive Magic Quantity ensures that different specialists’ trades or manually opened trades can’t be influenced. Alternatively, care have to be taken to make sure that different specialists should not configured with the identical Magic Quantity. If the worth ‘0’ is about to the Magic Quantity, manually opened trades shall be included!

Order Remark

Fills the Remark area of trades with the right here preset textual content.

==================================================================

[_____ MONEY MANAGEMENT _____]

Acc. Danger Mode

If Cash Administration is used, presets the kind of how the out there account quantity turns into utilized. The most secure setting is ‘Margin’. Nevertheless, ‘Margin’ may not be all the time appropriate on Leverage 1:30 accounts which might be typically used within the EU nations due to their authorized restrictions.

Acc. Free Quantity (%) for use (All = 100%)

Limits the utmost quantity of whole stability for use by this Knowledgeable.

Acc. Quantity ($)/0.01 Lot for preliminary Order (0=disabled)

Units the a part of the account quantity for use per 0.01 Lot. The upper the quantity per 0.01 Lot, the decrease the buying and selling threat. Instance: Account deposit = $10.000, quantity/0.01 = $3.000 outcomes measurement of 0.03 Lot for every of the preliminary orders.

Acc. Fairness min. out there per 0.01 Lot

Units the minimal required free fairness to open an order based on the present restoration degree. If much less, the lot measurement of the following order turns into restricted to 0.01 Lot.

Lotsize Min.

Minimal Lot measurement to open an order.

Lotsize Max.

Most Lot measurement to be opened a single order. Doesn’t restrict the whole Lot measurement of working orders.

Unfold Max.

Most of allowed unfold to open or to function trades. If exceeded, pending orders develop into closed and market positions are stopping doable lively trailing revenue operations for the time of huge unfold.

==================================================================

[_ TRADING PARAMETERS _]

Allow Orders Lengthy

If set to ‘false’, placement of Purchase orders is disabled.

Allow Orders Brief

If set to ‘false’, placement of Promote orders is disabled.

Handbook Entry Path Distance

Trailing distance for manually entered orders. If a commerce was positioned and the worth strikes considerably additional in opposition to the buying and selling route, the ultimate entry worth may very well be higher than earlier than.

Handbook Entry Path Step

Refers to Entry Path Distance and defines the change on following the worth motion.

Max. Orders (incl. preliminary Order)

If set to a couple of, doable restoration orders would possibly develop into opened based on the sample. In that case solely orders in the identical route of the preliminary order are positioned.

Entry Cease Orders Distance Begin

Units the worth motion digital preliminary orders distance. Value motion will determine which route of the preliminary order will develop into triggered.

==================================================================

[_ CLOSING PARAMETERS _]

StopLoss (0=disabled)

Preset fastened Stoploss worth in Factors.

TakeProfit (0=disabled)

Preset fastened most Takeprofit worth in Factors.

==================================================================

Revenue Path Mode

Units the type of Trailing Revenue mode. ‘Percentual’ follows the worth with lowering distinction between the present worth and the digital Stoploss.

Revenue Breakeven Activation

Prompts the fastened revenue set by ‘Revenue Breakeven Activation Distance’. (See under)

Revenue Breakeven Activation Distance

Units the saved revenue earlier than beginning Trailing by ‘Bulk Trailing Activation’. (See under)

Revenue Bulk Path Activation by ATR

Permits revenue path activation by ATR degree as an alternative of utilizing the preset ‘Revenue Bulk Path Activation’ if the present ATR degree exceeds that degree.

Revenue Bulk Path %) saved @Bulk Path Activation

Percentual begin worth of the present Revenue Trailing that’s protected but. Relying of the preset Revenue Trailing Mode.

Revenue Bulk Path to Value min. Distance

Minimal distance to the digital Revenue Trailing worth in Factors.

Revenue Path Step

The step in Level(s) to trace the digital Revenue Trailing.

==================================================================

Restoration Add Scaling Mode