Explanation of Settings

Volume (Lots):

Example: For EUR/USD, 0.1 equals $1 per pip movement.

Use Fixed Lot:

Yes: Trades will use the lot size you specify in Volume.
No: Lot size will be calculated automatically based on your account balance and the specified risk percentage.

Leverage:

Input your account leverage (e.g., 30 for 30:1 leverage).

Take Profit (Pips):

Defines the profit level in pips. Example: If EUR/USD moves from 1.0950 to 1.0949, it counts as 1 pip.

Use Trailing Stop:

Activates a trailing stop to lock in profits. Note: This feature is only enabled if "Stop Loss in Pips" is greater than zero.

Stop Loss in Pips:

The number of pips to define your stop-loss level.

Stop Loss in %:

For dynamic risk management. Example: Input "10" for 10% of your balance. If your account balance is $1,000, trades will close once losses reach $100.

Label of Position:

Assign a custom label for positions. This label will appear in your trading platform.

Use Time to Trade:

Restrict trading to specific hours.

From Hour:

Specify the starting hour (0-24).

To Hour:

Specify the ending hour (0-24).

Trade on Friday:

Decide whether to allow trading on Fridays.

Use Grid System:

If enabled, the cBot opens additional positions when price moves against the initial trade, calculating average profit across positions.

Take Profit in Grid System:

Define take profit in your account's currency.

TP Multiplier:

Overrides the take profit in Grid System. Example: Input "0.1" to set the take profit to 10% of the original take profit value.

Martingale Counter:

Specify the maximum number of positions the grid system can open.

Lot Multiplier:

Multiplies the lot size for each subsequent position in the grid system.

TP Increment:

Set a fixed take profit increment for grid positions. (Default: 1000)

Risk:

Used if "Use Fixed Lot" is set to "No." Example: Choosing "Maximum" calculates the largest lot size based on your account balance.

Maximum Lot:

The maximum lot size allowed by your broker.

RSI and Moving Average Settings:

Customize RSI and MA parameters to suit your trading strategy.