Algnostic Metatrader 5 - Trading Settings

Algnostic Metatrader 5 - Trading Settings



The trading settings are the core functionality of the Algnostic trading EA.

Stoploss type:
(Used in funded challenges. Just like them, we will reset the daily and total drawdown based on the time timezone and time of your prop firm.
  1. Trailing Threshold: Moving total loss value
  2. Static Loss: Static total loss value


Method for Profit/Loss: Used for the settings below where we calculate your total loss or daily loss values.
      Note: For calculations to be accurate, the Account Total Loss/Drawdown is always entered as a perce.



This a Funded Challenge?: Set to 'Yes' if you want to see banners for monitoring a funded challenge account.

Stop Trading when TP or SL is met:
  1. true: Helpful to force you to stop trading (auto-close trades) when your Maximum Daily Loss or Max Profit Value is met.
  2. false: Do nothing

Limit Profit per Trade:
  1. true: We will auto-close an active trade if your Max Profit Value is met.
  2. false: Do nothing

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