Hero EA Settings Guide – Other – 2 August 2023

Hero EA Settings Guide

MT4:mql5.com/en/market/product/102997

MT5: mql5.com/en/market/product/102998

The maximum power of the expert: Enable or disable maximum trade (signal)

If this setting is active, the number of signals or trades will increase.
If this setting is disabled, the number of signals or trades will be reduced.

Permission to trade Buy: Activation or deactivation of “buy” trades

If this setting is active, the expert will perform “buy” trades.
If this setting is disabled, the expert will not perform “buy” trades.

Permission to trade Sell: Activation or deactivation of ” Sell ” trades

If this setting is active, the expert will perform ” Sell ” trades.
If this setting is disabled, the expert will not perform ” Sell ” trades.

Breakeven Enable: Enable or disable breakeven settings

Enable this section if you want to use the breakeven settings

Suppose your trade is currently running and has more than 500 points in profit, and you want to close  the trade if the reversal and trading process is at a loss. To do this, enable these settings. That is, equal the loss limit with the opening price of the trade. In this case, if the trend returns, you will not lose and the trade will be closed with 0 points of profit and 0 points of loss.

Breakeven Point:

After reaching this amount of profit (based on the points), the expert sets the loss limit equal to the opening price of the expert.

In the previous section, we found out what these settings are. Now we need to set these settings to be activated after a few points of profit. In default mode, the expert activates these settings after reaching 50 points of profit. That is, after 50 points of profit, the expert equates the amount of the loss limit with the opening price of the same transaction.

magic Number:

If you want to run several experts at the same time, each expert must have a different magic number.
So with these settings, you can determine the magic number of this expert.
Also, if you want to run our expert in several different time frames, each time frame must have a different magic number.

comment for expert:

Comments are useful for identifying multi-expert trades.
If you have run several experts at the same time, with our expert comment, you will know which trade is for our expert.
In the default settings, the comment is equal to: Hero EA
You can set your own comment.
This setup is great when you run our Expert on multiple time frames.

custom risk:

Risk is variable by default. Between 1 and 7 percent. But in this version, you can specify the risk more precisely. For example, the risk is 1%, or 4% or…
For risk, we have put 6 options:
Automatic: Like the previous version, the risk varies between 1 and 6%.

about 0.5%
about 1%
about 2%
about 3%
about 4%
about 5%
Risk cannot be accurately determined. For example, it cannot be said that he always trades exactly 1%. If you want to be more precise than this, you should use the lot setting.

Set the Lot value manually:

From now on, you can set the lot amount manually. From 0.01 lots to 50 lots.
This mode is variable in the default settings. That is, in each trade, the lot amount is different.
If you change these settings, the expert trades with a fixed amount of lots in each trade.

take Profit Point 0==default:

You can adjust the TP value yourself. ( Based on points )

In the default mode (TP=0), the profit limit is determined by artificial intelligence.

stop Loss Point  0==default:

You can adjust the SL value yourself. ( Based on points )

In the default mode (SL=0), the profit limit is determined by artificial intelligence.