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Auto Average True Range

$20.00 USD

Executions and Sizing

 How the EA Chooses Lot Size & Places Trades

 PositionSizeMode

 Decide whether to use a fixed lot size (StaticSize\_LotSizeRisk) or dynamically calculate the lot size as a portion of your equity (DynamicSize\_PercentageRisk).

 LotSizeRisk

 When PositionSizeMode is fixed (static), this is the exact lot size used per trade.

 PercentageRisk

 When PositionSizeMode is dynamic, this sets the percentage of account equity risked on each trade.

 StopLossPips

 Specifies how many pips away from the entry price the stop loss is placed to protect against big losses.

 TakeProfitPips

 Sets how many pips away the EA will lock in profit if the trade moves favorably.

 

 ATR Settings

 Measuring Market Volatility

 ATRThreshold

 The EA will only consider a new trade when the ATR (Average True Range) is at least this value, indicating sufficient volatility.

 ATRPeriod

 The number of past candles used to calculate the ATR. Higher periods yield smoother values, while lower periods respond more quickly to price changes.

 ATREntryBias

• Momentum: Trade in the same direction as the previous candle’s movement.

• MeanReversion: Trade in the opposite direction of the previous candle’s movement.

 

 Entry Cooldown Settings

 Pausing Between Trades

 EntryCooldown

 The EA will wait this many hours between trades to prevent overtrading and give the market a break.

 EntryCooldownTimeframe

 Chooses which timeframe’s candle data (open, close, ATR) to reference when applying the cooldown and volatility checks.

 

 Visuals

 Your On-Chart Information Display

 TextColor

 Pick your favorite colors to customize the profit/loss labels and their background.

 ValueColor

 Pick your favorite colors to customize the profit/loss labels and their background.

 BoxColor

 Pick your favorite colors to customize the profit/loss labels and their background.

 YAxisDistance

 Adjust these distances to position your profit/loss box at a comfortable spot on the chart.

 XAxisDistance

 Adjust these distances to position your profit/loss box at a comfortable spot on the chart.

 

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