This section controls how the EA calculates lot sizes for each trade. You can choose between automatic lot sizing based on risk percentage, or fixed lot sizes.
⚙️ Settings Explained
1. Lot Size Calculation Mode
Copy LotMode = AUTO_LOT | FIXED_LOTSIZE | LOT_BY_BALANCE AUTO_LOT : EA automatically calculates lot size based on your risk percentage and Stop Loss distance.
✅ Best for consistent risk management
✅ Adapts to different Stop Loss sizes
⚠️ Requires proper SL in signals
FIXED_LOTSIZE : Uses predetermined lot sizes regardless of risk.
✅ Good for testing strategies
⚠️ Risk varies with SL distance
LOT_BY_BALANCE : Scales lot size with account balance.
2. Basic Risk Settings
Balance
Set to 0 → EA uses your current MT4 account balance
Set to specific value → EA uses this for risk calculations
Useful for testing with virtual balance
MaxRiskPerTrade
Percentage of balance you're willing to risk per trade
Example: $10,000 balance × 1% = $100 risk per trade
LotDefault
Used when LotMode = FIXED_LOTSIZE
This is your default lot for all trades
3. TP Level Configuration
MaxTPLevel
Sets the highest Take Profit level EA will use from signals.
Example:
Signal has: TP1, TP2, TP3, TP4, TP5
You set: MaxTPLevel = TP3
EA will only open orders for TP1, TP2, TP3
MaxOrdersPerSignal
1 = Open only 1 order per signal
3 = Open up to 3 orders (for TP1, TP2, TP3)
5 = Open 5 orders (one for each TP level)
numberOpenOrderConfig
NUMBER_BY_TP_SIGNAL : Opens orders based on TP levels in signal
Signal has TP1, TP2, TP3 → Opens 3 orders
NUMBER_BY_CONFIG : Opens orders based on MaxOrdersPerSignal
Even if signal has 5 TPs, opens only MaxOrdersPerSignal orders
4. Fixed Lot Per TP Level
Used when LotMode = FIXED_LOTSIZE
Example Scenario:
Signal: EURUSD BUY with TP1, TP2, TP3
5. Auto Lot Risk Per TP Level
Used when LotMode = AUTO_LOT
How it works:
For each TP level, EA calculates:
Example:
Pip Value: $10/lot for EURUSD
Calculation for TP1:
6. AllowPendingForDualEntry
When signal has 2 entry prices:
true: Opens 1 market order at current price + 1 pending order at 2nd entry
false: Opens only 1 market order, ignores 2nd entry
📊 Configuration Examples
Example 1: Conservative Trader
Result: Very low risk, takes profit at 3 levels with decreasing risk allocation.
Example 2: Aggressive Trader
Result: Higher risk, takes all 5 TP levels with front-loaded risk.
Example 3: Fixed Lot Scalper
Result: Simple setup, 0.10 lot per trade, only TP1.
Example 4: Balanced Pyramiding
Result: Classic pyramiding - larger position at closer TP, smaller at distant TP.
Example 5: Equal Risk Distribution
Result: Each TP level has equal 1.5% risk.
⚠️ Important Notes
When using AUTO_LOT:
Key factors:
Balance : Higher balance → larger lots
Risk% : Higher % → larger lots
SL Distance : Larger SL → smaller lots (to maintain risk)
Pip Value : Varies by instrument (EURUSD ≠ XAUUSD)
Common Mistakes to Avoid
❌ Setting MaxRiskPerTrade = 0 with AUTO_LOT
EA will fail to initialize
❌ Total risk > account balance
Example: 5 orders × 2% each = 10% total risk
With losing streak, can blow account quickly
❌ Not considering correlation
Opening EURUSD, GBPUSD, AUDUSD at once
All may move together = multiplied risk
❌ Using AUTO_LOT without SL
EA cannot calculate lot size
Will skip order or use default
💡 Best Practices
✅ 1. Start Conservative
✅ 2. Decrease Risk for Higher TPs
✅ 3. Test on Demo First
Verify lot sizes are reasonable
✅ 4. Monitor Drawdown
Max drawdown should be < 20%
✅ 5. Account for Leverage
Higher leverage ≠ higher profit
Use proper risk% regardless of leverage
🎯 Quick Start Recommendations
Small Account ($500-$2000)
Medium Account ($2000-$10000)
Large Account ($10000+)
If you have questions about lot sizing:
Check your EA logs for lot calculation details
Test on demo account first
Contact support with specific scenarios
Remember: Good risk management = Long-term success! 🚀
Last updated 3 months ago