Dollar Pilot EA – Analytics & Forecasts – 14 July 2025

Here is the complete description of the input settings for the trading robot “Dollar Pilot”, categorized for ease of understanding and configuration:

Multicurrency Settings

• Add trading symbols: USDJPY,GBPUSD,AUDUSD

General Settings

• Main Magic Number: 12345
  A unique identifier for trades opened by this EA, ensuring no conflicts with other trading systems.
• EA Commentary: “Dollar Pilot”
  Custom label or comment attached to each trade for easy identification.

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Takeprofit and Stoploss Settings

• SL & TP Method: dynamic
  Defines whether stop-loss and take-profit levels are fixed or dynamic based on indicators.
• Fixed Stoploss (Points): 250
  Sets a fixed stop-loss in points.
• Fixed Takeprofit (Points): 250
  Sets a fixed take-profit in points.
• Auto Stoploss Ratio (ATR): 1
  Multiplies ATR values to calculate dynamic stop-loss (-1 disables).
• Auto Takeprofit Ratio (ATR): 1
  Multiplies ATR values to calculate dynamic take-profit (-1 disables).
• Extra Stoploss (Pips): 0
  Adds extra pips to the calculated stop-loss.
• Extra Takeprofit (Pips): 0
  Adds extra pips to the calculated take-profit.
• Limit Maximum SL: false
  Disables limiting the stop-loss to a maximum value.
• Maximum SL (Pips): 30
  Caps the stop-loss to this value when enabled.
• Adjust Lot Based on Maximum SL: false
  Prevents automatic lot adjustment when maximum SL is active.

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Risk Settings

• Lot Calculation Method: baseonbalance
  Determines how lot sizes are calculated (e.g., balance, fixed lot, etc.).
• Risk Per Trade (%): 2.0
  Specifies the percentage of the account balance at risk per trade.
• Fixed Lot Size: 0.1
  Assigns a static lot size for trades.
• Lot per Balance Size: 1000
  Uses a fixed lot size relative to account balance increments.
• Currency Amount Value: 10
  Sets a fixed lot size based on a specific currency amount.
• Maximum Lot Size: 60
  Caps the maximum allowable lot size.
• Minimum Lot Size: 0.01
  Sets the minimum allowable lot size.
• Decrease Lot After Loss (%): 0
  Reduces lot size by this percentage after a losing trade to minimize risk.

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Signal Settings

• Max Number of Trades: 99
  Limits the number of simultaneous open trades. Disabled when martingale is active.
• Maximum Spread Allowed (Points): 500
  Prevents trades when spreads exceed this value.
• Trade Direction: buy – sell or both
  Allows trades in both long and short directions.

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Same Order Settings

• Single Trade Per Symbol: true
  Restricts the EA to one open trade per currency pair at a time.
• Minimum Distance Between Trades (Points): 100
  Sets a minimum gap between trades on the same pair.
• Allow Hedging: false
  Prevents simultaneous long and short positions.

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Trading Hour Settings

Proprietary Firms Options

• FTMO Randomizer: false
  Adds random offsets to TP and SL values for proprietary firm accounts.
• Max Daily Loss (Currency): 500
  Prevents new trades if daily losses exceed this value.
• Max Daily Losing Trades: 10
  Stops trading after exceeding this number of losing trades in a day.
• Pause After Loss (Bars): 0
  Halts trading for a specified number of bars after a losing trade.

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Closing Based on Drawdown

• Max Drawdown Allowed (%): 60
  Stops opening new trades when drawdown exceeds this percentage.
• Close Trades on Max Drawdown: false
  Closes all open trades when the drawdown threshold is hit.

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Closing Based on Daily Target

• Daily Profit Target (%): 0
  Halts new trade entries upon reaching this daily profit percentage.
• Close All Trades on Target Hit: false
  Closes all trades upon hitting the daily profit goal.

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Closing Based on Time

• Close on Friday at Hour: -1
  Specifies the hour to close all trades before the weekend (-1 disables this feature).

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Trailing Stop Settings

• Enable Trailing Stop: false
  Activates the trailing stop functionality.
• Trailing Method: trbyfixed_distance
  Determines the type of trailing stop (fixed distance, ATR, etc.).
• Remove TP After Trailing Starts: false
  Deletes the take-profit level once the trailing stop is active.

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Closing Part of Order Settings

• Close Part of Order and Trail Rest: false
  Partially closes a trade and trails the remaining lot.
• Percentage to Close: 50
  Specifies the portion of the trade to close when trailing begins.

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Fixed Pip Trail Settings

• Trailing Start (Pips): 10
  Begins trailing after this profit level is reached.
• Trailing Distance (Pips): 7
  Maintains this distance between price and the stop-loss.
• Trailing Step (Pips): 1
  Adjusts the stop-loss in steps of this value.

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ATR-Based Trail Settings

• ATR Period: 14
  Number of periods for ATR calculation.
• ATR Timeframe: Current
  Timeframe used for ATR values.
• ATR Multiplier: 1.5
  Determines the trailing stop distance based on ATR values.

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Breakeven Settings

• Enable Breakeven: false
  Turns on breakeven functionality.
• Breakeven Start Distance (Pips): 100
  Initiates breakeven at this profit level.
• Breakeven Extra Pips: 0
  Adds extra pips to breakeven levels.

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Martingale Main Settings

• Enable Martingale: false
  Activates the martingale strategy for position sizing.
• Martingale Start Method: atr based or fix point
  Sets the distance calculation method for martingale entries.
• Takeprofit Method: average
  Method for calculating take-profit across all martingale trades.
• TP Distance Percentage: 70
  Percentage of distance between new and last orders for TP calculation.

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