Bitcoin Wizard 1.7
| SET UP | |
|---|---|
| Symbol : | BTCUSD/BITCOIN |
| Timeframe : | M30 |
| Test Period: | 1/1-05/12/2023 Every Ticks |
| Type of account : | Standard, Premium, ECN, RAW, Hedging, Leverage 1:500 |
| Settings : | Need Setfile |
| Minimum/Recommended Deposit : | 100$/1000$ |
| Can work with other EAs : | BITCOIN WIZARD can work properly with other EA in the same account |
1. Manage Open Positions
- Pending Order: Enable/disable pending order
- Period in bars for indicators : How many bars should look back
2. Manage Lots and Money
- AutoLot: Enable/disable autolots
- if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Example: your Balance 1000, fill in 200, Autolot = 1000/200=5 x 0.01 =0.05, so every 200$ increase, the lot will increase by 0.01)
- if Autolot = false, fill in Start Lot: fill in the initial lot
- Maximal Lots: max lots per trade
3. Manage SL-TP Settings
- Stop Loss(in pips): Stop loss in pips
- Take Profit(in pips): Takeprofit in pips
4. Manage Trailing
- Trailing: enable/disable Trailing
- Trailing Start (in pips): Trailing starts in pips
- Trailing Size (in pips): Step trailing in pips
5. Manage BreakEven
- Break Even: enable/disable Break even in pips
- Break Even Start, in pips : Break even start
- Break Even Step, in pips : Break even step
6. Manage Commissions
- Include Commission: Enable it If the broker charges a commission
- Commissions per lot, in money: Fill in commission per lot in money
7. Time Management
- Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker’s server time.
- Trade Start Time: Time to start trade
- Trade End Time: Time to stop trade
- Trade in Monday: Enable trade in monday
- Trade in Tuesday: Enable trade in Tuesday
- Trade in Wednesday: Enable trade in Wednesday
- Trade in Thursday: Enable trade in Thursday
- Trade in Friday: Enable trade in Friday
- Trade in Saturday: Enable trade in Saturday
- Trade in Sunday: Enable trade in Sunday
8. Manage News
- Stop Trade by News: Enable/disable news filter
- Show News Only This Chart Currency: Only shows news for the current chart/symbol
- Indent after News, minutes
- Indent before News, minutes
- Enable light news
- Enable medium news
- Enable hard news
- Auto GMT : enable auto GMT
- If Auto GMT= false, Fill in GMT Offset
- Currency to display the news (empty – only the current currencies)
- Period news updates in seconds
9. Manage Others
- Max Spread (in Pips): maximum spread allowed
- Max Slippage (in Pips): maximum slippage allowed
- Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stop level.
- Magic number : EA identifies open positions based on this magic number.
Important Note :
- Bitcoin Wizard is quite sensitive to differences in slippage and spreads between brokers. Recommended spread <1200 points, the smaller the better. BTC spread comparison.
- Before making a purchase, please backtest it at your selected broker to see if it is suitable.
If you have any questions or need help with setting the Expert Advisor up, please do not hesitate to contact us through PM. We will always try to reply as quickly as possible.
Before buying this product, please make sure you understand the risks involved with trading and that past performance is no guarantee for future results.
