Toshko Raychev
Intelligent Trade Finder
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Toshko Raychev
Intelligent Trade Finder
Introduction Hi. In this document you can find the explanations for all parameters of Intelligent Trade Finder.
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Toshko Raychev
Intelligent Trade Finder
Parameters
PARAMETER Email ClickBankReceipt
DESCRIPTION The email you used for purchasing the product. Your ClickBank Receipt number. Note: If you bought via PayPal and didn't receive your ClickBank Receipt number, please contaqct support at
[email protected] and they will generate one for you. Please make sure to check "Allow DLL Imports" in the "Common" tab, otherwise the authentication won't work as well as "Allow Live Trading".
StartInMinimized
If set to true, the Trade Assistant will start in minimized version; if set to false, it will display entire dashboard autoimatically. Default Lot Size that will be used when entering a trade. Set this to 0 if you want to use RiskPercent parameter. The % of your equity to Risk when entering a trade. This will be active only if LotSize=0. The TA will automatically calculate the lotsize for you, based on the risk percentage you specify here. Slippage in pips (4-5 digit brokers auto adjustable) Magic number is an ID of the Trade Assistant. If you're using the Trade Assistant on different currency pairs, then you don't need to worry about this parameter. However, if you're using multiple instances of the TA on the same currency pair, but different timeframes (for example, you have it on EURUSD M5, EURUSD M15 and EURUSD H1), then you need to change the Magic number for each of the instances of the TA. It can be any number, it just has to be different from the ones on the other instances of TA (for example: EURUSD M5, Magic number = 4321; EURUSD M15, Magic number = 7545). Again, this applies only to the instance of ITF used on the same currency pair, if you're using it on different pairs (EURUSD, GBPUSD, USDCHF, etc), then the Magic Number can remain the same.
LotSize RiskPercent
Slippage MagicNumber
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Toshko Raychev StopLoss TakeProfit
AvgVolatilityTPDivider DynamicSLTP
DynamicSLTPRatio
PipsAwayFromSwings MaxStopLoss
MinStopLoss
UseSwingTrailing UseTREdgeClose CloseOnReverse
SoundAlert EmailAlert PushNotification
Intelligent Trade Finder Stop Loss in pips (Active only if DynamicSLTP is set to False). Basically, you can set the Stop Loss manually here. Take Profit in pips (Active only if DynamicSLTP is set to False). Basically, you can set the Take Profit manually here. Set this to any number to use it for Take Profit calculation, if set to 0 it will not be used (Active only if Dynamic SLTP is set to False). Dynamic Stop Loss and Take Profit. If you set this to True, it will automatically set the Stop Loss and Take Profit levels for you, per the rules of the system. If this is set to False, then the parameters above (StopLoss, TakeProfit, AvgVolatilityTPDivider) will be used. This parameter sets the Reward to Risk ratio. If 1 is used, then Take Profit Level will be the same as the Stop Loss level (i.e. 1:1). If 2 is used, then Take Profit Level will be double the value of the Stop Loss level, etc. (Active only if Dynamic SLTP is set to True). The number of pips away from the most recent swing point for the Stop Loss level. Maximum allowed Stop Loss (in pips). To deactivate this feature, use the value 0. Sometimes the setup occurs right after the news release which created big spike. If you use DynamicSLTP, it will search for the most recent swing point and place the Stop Loss there. To avoid having 100 or 200 pip Stop Loss, use this feature. For example, you enter the trade on M5 and MaxStopLoss is set to 35. If the most recent swing point is 50 pips away, the Stop Loss will be set at 35. If the most recent swing point is 20 pips away, the Stop Loss will be set at 20. Minimum allowed Stop Loss (in pips). To deactivate this feature, use the value 0. If your most recent swing point is very close, you can set the minimum allowed Stop Loss here. For example, you enter the trade on M5 and MinStopLoss is set to 10. If the most recent swing point is 6 pips away, the Stop Loss will be set at 10. If the most recent swing point is 20 pips away, the Stop Loss will be set at 20. Set to true if you want to use trailing based on Swing If set to True, it will close the trade in case of the TREdge cross to the opposite direction. Checks only on the candle close. If set to true, it will close the trade if the opposite signal comes in. For example, you are in a long trade and signal for entering the short trade comes in. If this parameter is set to True, it will close your long trade in that moment. Set this to True if you want the audible alert when a new trade entry is found. Set this to True if you want to receive an email when a new trade entry is found. Set this to True if you want the alert on your phone when a new trade entry is found.
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Toshko Raychev TimeOutBars
extern color ShortColor extern color LongColor extern color TextColor
Intelligent Trade Finder This value represents the number of candles that TA won't check for any new trades, after a trade has been closed. For example, you are in a short trade on M5 and you closed it in profit. If this parameter is set to 5, then the TA won't be looking for new trades on that pair for the next 5 bars or 25 minutes. Color for the short trades Color for the long trades Color for the text trades
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