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

 

Gold Donkey Panel Description

 

1

Handbook inserting Purchase/Promote orders, Allow/disable course(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“ allows automated opening the every day session. “SESS. 1nc” allows 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 Consultants.

4

Shows/hides the Information Occasions Panel

5

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

6

Stage of Drawdown Discount begin order.

7

Permits/disables Drawdown Discount function.

8

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

9

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

10

“TrL” (Takeprofit Path Begin Stage): 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->Professional 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 much like “ta-ta!”, if the session grew to become closed.

Play Sound whereas Revenue Trailing

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

Magicnumber

Using an distinctive Magic Quantity ensures that different consultants’ trades or manually opened trades can’t be influenced. Alternatively, care have to be taken to make sure that different consultants are usually 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 discipline of trades with the right here preset textual content.

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

[_____ MONEY MANAGEMENT _____]

Acc. Threat Mode

If Cash Administration is used, presets the kind of how the accessible 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 usually used within the EU international locations due to their authorized restrictions.

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

Limits the utmost quantity of complete stability for use by this Professional.

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 danger. 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. accessible per 0.01 Lot

Units the minimal required free fairness to open an order in keeping with the present restoration stage. 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 full Lot measurement of working orders.

Unfold Max.

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

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

[_____ TRADING PARAMETERS _____]

Allow Orders Lengthy

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

Allow Orders Quick

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 value strikes considerably additional in opposition to the buying and selling course, 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 value motion.

Max. Orders (incl. preliminary Order)

If set to multiple, doable restoration orders may turn into opened in keeping with the sample. In that case solely orders in the identical course of the preliminary order are positioned. 

Entry Cease Orders Distance Begin

Units the value motion digital preliminary orders distance. Value motion will determine which course of the preliminary order will turn into triggered.

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

[_____ CLOSING PARAMETERS _____]

 StopLoss (0=disabled)

Preset mounted Stoploss worth in Factors.

TakeProfit (0=disabled)

Preset mounted most Takeprofit worth in Factors.

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

Revenue Path Mode

Units the model of Trailing Revenue mode. ‘Percentual’ follows the value with reducing distinction between the present worth and the digital Stoploss.

Revenue Breakeven Activation

Prompts the mounted revenue set by ‘Revenue Breakeven Activation Distance’. (See beneath)

Revenue Breakeven Activation Distance

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

Revenue Bulk Path Activation by ATR

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

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

Units the Elevating issue of grid orders. Examples:

Fastened: 1, 1, 1,…

Arithmetic: 1, 2, 3, 4, 5, 6, 7,… <= max. Lot measurement

Geometric: 1, 2, 4, 6, 8, 10, 12,… <=  max. Lot measurement

Geometric ‘e’ to the Energy of two: 1, 1, 2, 4, 8, 16, 32,… <= max. Lot

Restoration Add Distance Acceleration

Units the Elevating issue of grid orders. Examples:

Restoration Add Order Distance

Units the Elevating issue of grid orders. Examples:

Restoration Add opening Path Distance

Units the Elevating issue of grid orders. Examples:

Commerce Frequence Acceleration (!!!Larger DD Threat!!!)

Units the Elevating issue of grid orders. Examples:

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

[_____ DRAWDOWN REDUCTION _____]

Drawdown Discount Use

Permits/disables utilizing of Drawdown discount.

Drawdown Discount Orders Begin (0 = disabled)

Variety of orders to begin Drawdown discount.

Drawdown Discount Revenue Begin

Trailing begin to gather revenue beginning with the most recent order.

Drawdown Compensation Begin (0 = disabled)

Units the minimal orders to make use of compensation the place probably the most worthwhile orders are trying to find shedding orders that may turn into compensated by the revenue of the worthwhile orders.

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

[_____ TRADING TIME SETTINGS _____]

Buying and selling time settings selfexplaining:

MO    Begin Hour (0 = disabled)

MO    Begin Min. (0 = disabled)

TU-TH Begin Hour (0 = disabled)

TU-TH Begin Min. (0 = disabled)

MO-TH Cease Hour (0 = disabled)

MO-TH Cease Min. (0 = disabled)

FR    Cease Hour (0 = disabled)

FR    Cease Min. (0 = disabled)

Cease Day December (0 = disabled)

In December the costs may turn into increasingly erratic because the buying and selling actions are fading for the top of yr shut. This causes poor liquidity available in the market.

Begin Day January (0 = disabled)

To start with of January, many merchants are nonetheless on holidays that outcomes the identical like in December. Due to this fact, it’s higher to begin buying and selling after the twond week of January.

 

[_____ NEWS FILTER SETTINGS _____]

Use Pause on Occasions

Allow Information Filter.

Draw Occasions Timelines

Allow Information Filter.

Use Auto GMT Replace

Permits/disables to make use of mounted GMT distinction.

GMT Distinction (Used if Auto GMT = Disabled)

Fastened distinction to GMT in hours

Present Information from Symbols

Units to indicate Information from chosen Symbols within the Information Occasions Desk.

Chosen Occasion Ranges

Choose Information Occasion ranges to be proven. Set ‘0’ for disabled ranges and ‘1’ for enabled ranges separated by comma.

Pause Low, …Center, …Excessive, …Very Excessive Affect

Set pause time in minutes earlier than/after the information, separated by comma.

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

 

[_____ INDICATORS _____]

Out there Indicator settings for optimization for different devices:

 

Channel Timeframe

Channel Interval

Channel Shift

Channel Deviation

==================================================================ATR TP Timeframe

ATR TP Interval

ATR TP Shift

ATR TP Issue

==================================================================ATR Volatility Timeframe

ATR Volatility Interval

ATR Volatility Shift

ATR Volatility Issue

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

RSI Timeframe

RSI Interval

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

MA Pattern Timeframe

MA Pattern Interval

MA Pattern Mode

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

 [_____ MISCELLANEOUS _____]

Show Panel in visible Tester Mode

If enabled, the Onscreen Panel turns into displayed in visible tester mode with all its performance together with operability of the buttons.

 

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