FOREX SUGAR
Yes, trading in the Forex market is profitable

Forex Sugar EA Version-1.06


Parameters of ForexSugar [File B]- [Version-1.06]
  • File_A_Magic_Number: ⇨ This EA uses Magic number, so it can be used with other EAs or you can do manual trading as well in your account, this EA will not interfere in other tradings because of its Magic Number. This is the Magic Number of File-A.
  • File_B_Magic_Number: ⇨ This is the Magic Number of File-B.
  • Handling_Time: ⇨ Its value is in minutes.
    Forex-Sugar-File-B Expert Advisor will handle a position until its age is >= handling_Time.
    Say if Handling_Time=120, then if a opened position by Forex-Sugar-File-A is greater than 120 minutes old then only it will be handle by this Forex-Sugar-File-B Expert Advisor.
  • Lots_Multiplier: ⇨ If it is 2, then subsequent lots will open in multiplication of this factor. Say if first position which is handling by this EA is of 0.02 lots size, and if EA needs to open further position, then it will be of 0.02x2=0.04 lots size and so on ... ...
  • Distance: ⇨ It is the distance in pips between 2 successive positions.
    If you set it 23, then on 4digit brokers it is 23pips and on 5digit brokers it is automatically as 230 pips.
  • Distance_Multiplier: ⇨ If it is 1.2, then subsequent positions will open at distance equals to above parameter Distance multiplied by this parameter. Say if EA needs to open second position and Distance=23 then its distance from first position will be calculate as, 23x1.2=28.
  • Visible_Take_Profit_Pips: ⇨ This is TP which will be set to trade and is visible in your MT4.
    If you set it 150, then on 4digit brokers it is 150pips and on 5digit brokers it is automatically as 1500 pips.
  • Visible_Stop_Loss_Pips: ⇨ This is SL which will be set to trade and is visible in your MT4.
    If you set it 500, then on 4digit brokers it is 500pips and on 5digit brokers it is automatically as 5000 pips.
  • Internal_Take_Profit_Pips: ⇨ This is internal/hidden TP. If this TP value is lower than Visible_Take_Profit_Pips then EA will close position at this TP, you and your broker can not see this TP.
    If you set it 75, then on 4digit brokers it is 75pips and on 5digit brokers it is automatically as 750 pips.
  • Internal_Stop_Loss_Pips: ⇨ This is internal/hidden SL. If this SL value is lower than Visible_Stop_Loss_Pips then EA will close position at this SL, you and your broker can not see this SL.
    If you set it 300, then on 4digit brokers it is 300pips and on 5digit brokers it is automatically as 3000 pips.
  • Dynamic_TP: ⇨ It's default value is TRUE. If it is true then EA can close positions in profit according to technical indicators and irrespective to the above parameters- Visible_Take_Profit_Pips & Internal_Take_Profit_Pips.
  • Dynamic_TP_Starts_After: ⇨ If Dynamic_TP=True, and Dynamic_TP_Starts_After=4, then Dynamic_TP functionality will start to work only after 4th position, i.e. from 5th position.
  • Dynamic_TP_Factor: ⇨ It's default value is 1.3. It's bigger value means positions will close on small TP and vice versa.
  • Profit: ⇨ If it is 0 then this parameter will be automatically calculated by EA & you can see its value on the chart. This is the value in USD (depends upon your account currency). If there is only one opened position and its profit is equal to this parameter's value, then EA will close this position.
  • Profit_Multiplier: ⇨ Its default value is 1.1. Let us consider its value is 2.0 so now suppose there is only 1 open position in your MT4 then above defined parameter Profit will has its default value. In another scenario if there are 2 open positions by this EA in your MT4 then value of the above Profit parameter will be ProfitX2, similarly if there are 3 positions then Profit parameter will be valued to ProfitX2X2. Now when all opened positions cumulatively comes in profit equal to this new Profit value, then EA will close all of them.
  • Hourly_Incre_Percent: ⇨ It's default is 0.005
    It is the percentage of Account balance. Say if your account balance is USD1000, then 1000X0.005/100=USD0.05. So this is the value which you should earn at least hourly by this EA. So EA considers this amount all time in its calculations.
  • Maximum_Lots: ⇨ It is maximum value of Lots size which you can see in your account by the EA. If it is 0.0 then it is automatic calculated and its calculated value can be seen on the chart.
  • Total_Positions: ⇨ It is the total maximum number of buy+sell positions which EA is allowed to open.
  • Reset_Days: ⇨ Here you can specify the number of days. If any trade by EA is being old equivalent to ResetDays then EA will close out all positions and will fresh start.
    [Default value is 90 Days]
  • Reset_Profit: ⇨ [this is the percentage of account balance] Say ResetProfit=1 so now if all positions by ForexSugar EA is greater than or equal to AccountBalance X 1 /100 in profit, then EA will close out all positions and will fresh start.
  • Reset_Loss: ⇨ [this is the percentage of account balance] Say ResetLoss=20 so now if all positions by ForexSugar EA is greater than or equal to AccountBalance X 20 /100 in loss, then EA will close out all positions and will fresh start.
  • Comments: ⇨ This is the text attached with each trade.
  • Monday, Tuesday, Wednesday, Thursday, Friday:: ⇨ If you don't want to trade EA any weekday then set to FALSE. But EA will continue to manage already opened positions if any.
  • ALL DEFAULT SETTINGS ARE STRONGLY RECOMMENDED.

    Recommended Currency Pair and Time frame: Must be same which you are using for Forex_Sugar-File-A
  • Click here for parameters for File-A

If there is any doubt then please contact us at fs.brian.jones@gmail.com or through this Contact Form.