Money Printer EA MT5

**SETTINGS** **Max Orders** Maximum number of open trades permitted. **Open New Series** Enable or disable the initiation of a new order series. **Start Lots** Initial lot size for the first trade. **Trade Buy** Enable the EA to open buy trades. **Trade Sell** Enable the EA to open sell trades. **Use Hedge** Enable trading in both directions (buy and sell). If disabled, trading proceeds in one direction only. **Use Money Management** Activate or deactivate automatic lot size calculation. **Autolot – Free Margin per 0.01 Lot** Required free margin to open each 0.01 lot when autolot is enabled. **Lot Multiplier** Multiplier applied to subsequent trades. **TP (Take Profit)** Target profit in pips. **SL (Stop Loss)** Stop loss in pips, calculated from the first trade. **Grid Step** Distance between grid orders. **Trail Start** Price level at which the trailing stop activates. **Trail Step** Distance the trailing stop follows the price. **DD Reduction Algorithm** Drawdown reduction logic—closes the last profitable order together with the first losing order in the series to reduce drawdown. **Overlap Orders** Order number at which drawdown reduction begins. **Overlap Pips** Profit in pips required to close trades under drawdown reduction mode. **Magic Number** Unique identifier assigned by the EA to its trades. **Start Hour / End Hour** Time window for opening the first trade. **Maximum Lot** Maximum allowable lot size. **Maximum Spread** Maximum allowable spread for trading. **News Filter** Add “calendar.fxstreet” to the allowed URL list in the Expert Advisors tab to enable news filtering. --- **RECOMMENDED SETTINGS** For Forex pairs, set TP = 100. Default settings are suitable for the M15 timeframe on the following pairs: - EURUSD - GBPUSD - GBPJPY - AUDUSD - AUDCHF - USDCAD - NZDUSD - USDJPY - USDCHF **MINIMUM DEPOSIT** - Forex: $2,000 - Gold: $10,000