Berma Money EA Users Guide

This can be a semi-automatic knowledgeable advisor that trades the grid system. The thought is to regularly take totally different positions out there, after which calculate the break-even degree for them. When the costs go this break-even by a predetermined distance all opened orders are closed.

Berma Cash EA Panel.

When the “Berma Cash EA” is added on the chart a panel that has 5 motion buttons seem. You should use these buttons to enter a brand new place. You may also, power the EA to shut the present place manually.

1- Purchase Button. To enter the market with a purchase order for the primary time.2- Shut Purchase. To shut the shopping for grid, even when it did not attain its goal.3- Promote Button. To enter the market with a promote order for the primary time.4- Shut Promote. To shut the promoting grid, even when it did not attain its goal.5- Shut All. To shut all opened orders if there are two opened grids for purchase and promote on the identical time.

How does “Berma Cash EA” work?

After getting into with the primary order within the grid relying on the person’s alternative, the order is modified by including the hidden take revenue.If the order take revenue is hit, then the EA waits till the person hits the set off once more.If the value moved towards the primary order with a predetermined worth referred to as “Grid Steps” then:

1- A brand new order is executed.2- The Break-even for all opened orders will probably be calculated.3- New take revenue after the break-even will probably be calculated.4- All opened orders will probably be modified with the brand new take revenue goal.5- The earlier steps from 1 to 4 will probably be repeated once more if the value moved towards the final order with the identical distance within the “Grid Steps” parameter.6- The repetition will go till the “Max Variety of trades” is achieved.7- If take revenue is hit for all the present opened orders at any time the grid will finish with earnings and the entire course of repeat from the start.8- The person can end the grid at any time if he needs by clicking on one of many three exist buttons (Shut Purchase – Shut Promote – Shut All).

Berma Cash EA cease losses.

Every order on the grid has its personal cease loss.

The gap between the entry of a place and its’ cease loss equals the entire grid dimension.

If the Skilled Advisor opens the utmost variety of trades, however doesn’t attain the Take Revenue goal, it’s going to begin regularly executing Cease Loss orders.

The sensible half concerning the “Berma Cash EA” is that on earnings it exits all opened positions on the identical time, however when in losses it executes stops losses regularly.

Berma Cash EA Inputs.

1) GROUP ONE: MONEY MANAGEMENT SETTINGS

Preliminary lot Measurement for the primary place within the grid.

Lot Measurement Exponent The multiplying dimension for the following order. For instance, if “the Preliminary Lot Measurement” is 0.01 and “the Lot Exponent” is 2 then, the lot dimension of the grid will go like this: 0.01 – 0.02 – 0.04 – 0.08…and so on.

Take Income in factors [Min=10] The revenue distance after break-even measured in factors. Default is 50 factors (or 5 pips). It shouldn’t be lower than 10 factors (or 1 pip).

Grid Steps in factors [Min=10] The gap earlier than opening a brand new order within the grid measured in factors. Default is 50 factors (or 5 pips). It shouldn’t be lower than 10 factors (or 1 pip).

Grid Exponent The multiplying distance for the following order. For instance, if “the Grid Steps” is 100 and “the Grid Exponent” is 2 then, the lot dimension of the gap between positions on the grid will go like this: 100 – 200 – 400 … and so on.

Most Variety of Orders [Min=2] The default is 15, but it surely shouldn’t be lower than two.

Skilled’s Magic Quantity This can be a distinctive quantity that’s set by the person to assist the EA handle the buying and selling orders. The person ought to set a distinct magic quantity for every chart on the platform.

2) GROUP TWO: EXPERT STYLE SETTINGS

EA Nook: You may select the chart nook to point out the EA Panel.

Chart Shift 30% You may shift the chart by 30% to the left for a greater view.

Set Chart on Foreground: The default is fake.

Purchase Breakeven Colour The default is Lime Inexperienced.

Promote Breakeven Colour The default is Coral.

Order’s Sound Alert: You may play an alert sound on order execution. The default is true.

Bear in mind to threat what you afford to lose.

When you’ve got any questions then please, contact me by way of a non-public message or, write them within the remark part.

Muhammad Al Bermaui, CMT