Wednesday, November 6, 2024

Montecarlo EA Guide – Buying and selling Methods – 2 June 2024

How one can set Montecarlo EA
 

That is an EA that operates 6 logics (TYPE A to TYPE F) on a number of foreign money pairs. So it must be utilized to 19 charts.

The setting methodology is described under.

 1.Setting methodology of TYPE

Please set every EA to the next foreign money pairs and time frames. There are 19  charts in complete. Choose TYPE A to TYPE F from the inputs setting (Pull down).

 
Then, the logic sort will seem on the high left of the chart as proven under.
        

The time frames and foreign money pairs set for TYPE A to TYPE F are as follows.

 

TYPE A

Time Body5M

Foreign money PairsUSDJPYEURJPYGBPJPYAUDJPYCADJPYCHFJPY

TYPE B

Time Body5M

Foreign money PairsUSDJPYEURJPYAUDJPYNZDJPY

TYPE C

Time Body1H

Foreign money PairsGBPJPY

TYPE D

Time Body1H

Foreign money PairsEURUSD

 

TYPE E

Time Body15M

Foreign money PairsUSDCAD

 

TYPE F

Time Body1H

Foreign money PairsUSDJPYEURJPYAUDJPYNZDJPYCADJPYGBPJPY

 

 As soon as all settings are full, the 19 charts will seem like under.

2. Parameters

Explanations of inputs aside from logic sort choice are as follows.

Inputs Rationalization
Allowable Spreads A filter to forestall entry when the unfold widens past the set worth. Spreads change relying on the dealer, so it’s essential to set them individually.
tons The preliminary lot earlier than the Monte Carlo methodology is activated and lot fluctuations start. The worth will be set from 0.03 tons or extra.
Set the identical worth on all charts.
Enter GMT for winter time Enter the winter time of dealer you utilize.
Summer season setting Enter the summer season settings of the dealer you utilize. Enter 1 for US, 2 for EU, and 0 for None.
Account historical past reference begin date and time for Montecarlo calculations The Monte Carlo methodology fluctuates the lot whereas referring to the buying and selling historical past, however it’s attainable to set the reference begin date of the transaction historical past. In different phrases, if you need to reset the lot fluctuations based mostly on the Monte Carlo methodology, in the event you enter that date, you may be returned to the preliminary lot, and the Monte Carlo methodology will begin from there.

3. Notice

The magic quantity is fastened and incorporates “24562456” and “24562457”. Can’t be modified.

This EA can’t be run with the opposite EA in the identical account as a result of this EA use buying and selling historical past.

The preliminary lot quantity must be the identical for all 19 charts.

Proper-click on the “Account Historical past” tab and choose  “All Historical past”.

4Heaps setting

The lot setting for the developer’s public account are as follows.

0.08 Heaps / 300,000 JPY

※Based on the specs, it may be set from 0.03 tons or extra.

Dwell Buying and selling

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