Parameters of Aeron EA [Aeron-AllPairs-2012-v3.ex4]:

  

UnlockCode

If you use Aeron on Demo accounts (virtual money account) then no Activation code is needed but it is mandatory for Real money account

  

MagicNumber

Aeron uses Magic number to distinguish its trades with other trades (either manually or by any other EA) in the same account.

  

Lots, AutoLots & Equity_for_Lots

Lots parameter will only work when AutoLots=False.

So if you want to set your own fix initial lots size then define Lots parameter and set AutoLots=False.

Now suppose AutoLots=True and Equity_for_Lots=1, then EA will open the initial lots size which can be open within 1% of Account Equity.

  

LotsMultiplier

If it is 1.5, and the first lots size is 0.02 then second lots size would be 1.5X0.02=0.03 and third lots size would be 0.03X1.5=0.045 = 0.05 and so on…

  

Distance

It is the distance in pips between 2 successive positions.

  

DistanceMultiplier

If it is 0.75, and Distance=75, then second position will be open at Distance=75pips, and third position will be open at Distance=75X0.75=56.25 = 56pips from second position, and so on…

  

Profit

If it is 0 then this parameter will be automatically calculated by EA & you can see its value on the chart. This is the value in USD (depends upon your account currency). If the profit of a single position or group of some positions is greater than or equal to Profit then EA will close them.

  

ProfitMultiplier

Its default value is 1.5. Suppose there is only 1 open position in your MT4 then above defined parameter Profit will has its default value. In another scenario if there are 2 open positions by this EA in your MT4 then value of this Profit parameter will be ProfitX1.5, similary if there are 3 positions then Profit parameter will be valued to ProfitX1.5X1.5

  

MaximumLots

It is maximum value of Lots size which you can see in your account by the EA. If it is 0.0 then it is automatic calculated and its calculated value can be seen on the chart.

  

TotalPositions

Total number of BUY + SELL positions which Aeron can open.

  

ResetDays

Here you can specify the number of days.

If any trade by EA is being old equivalent to ResetDays then EA will close out all positions and will fresh start.

  

ResetProfit

[this is the percentage of account balance]

Say ResetProfit=20 so now if all positions by Aeron EA is greater than or equal to AccountBalance X 20 /100 in profit, then EA will close out all positions and will fresh start.

  

ResetLoss

[this is the percentage of account balance]

Say ResetLoss=20 so now if all positions by Aeron EA is greater than or equal to AccountBalance X 20 /100 in loss, then EA will close out all positions and will fresh start.

  

AutoDilute & AutoDilute_StartAfter

In version-3 default we set it TRUE. If it is TRUE and AutoDilute_StartAfter=5... now... if there is already 5 positions are opened by Aeron EA, then AutoDilute parameter will come in action for further positions. If 6th position comes in profit then EA closes this 6th position with any loss making position[s], but cumulatively you will get profit. To reduce drawdown and protect your account we have introduced this parameter.

          

StartHour

EA will not open any trade before this time.

  

EndHour

EA will not open any trade after this time.

  

Comments

Comment string which will attach to each trade opened by Aeron EA.

  

  

All parameter's value whether it is automatically calculated or set by you is displaying on chart. If you found any value inappropriate then don't hesitate to contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it