Parameter Documentation

Cybertrade aims to make the possibilities of creating trading techniques as flexible as possible. Each trader has their own vision, trading plan and risk management. We know that adding new features and indicators will always be necessary and we are open to suggestions that may improve our product.

Contact us at suporte@cybertrade.com.br and let us know if we can help.

You can configure the EA to perform only buy trades, only sell trades or take advantage of both opportunities. Operations bought and sold at the same time do not are possible, but it is possible, using different magic numbers, to add the EA to the same symbol, configuring one to buy and the other to sell.

The magic number is very important when using more than one strategy on the same symbol. Each EA works only with the positions that were opened by it, therefore, two EAs launched on the same chart with different magic numbers will work separately, without affecting the work of the other. Even if you are working with only one EA per symbol, it is interesting to configure the magic number so that in the future you can analyze the profitability of different strategies.

Setting a description is optional and dispensable. When the EA launches entries, it adds the description of this setup to the operations comment. This description is shown in the trade history just like the magic number.

This parameter is for you to tell me what kind of information you will inform in the settings. If you choose to enter the information in ticks (advisable), all parameters below that request score information must be informed in this same rule.

The EA will only be active during market operating hours. If you choose to leave the EA always on, just leave the setting 00:00.

If these times are specified, the EA will only start a trade if it is within these times. If it is positioned when the time ends, it will remain with the execution of the last instruction launched. Any other new buy or sell signals will be ignored. (00:00 to bypass this setting

If a time is specified to close positions, when the specified time is reached, the EA closes all open positions. In some markets there is a great risk of "sleeping in position" and they have closing times for trading. It is advisable to close your positions minutes before the market is closed, in order not to be priced due to lack of offers. (00:00 to bypass this setting).

Upon reaching the configured loss value, the EA will not open new positions. It is important to note that open values ​​are not part of the calculation to verify the financial block, which only occurs when the positions are closed, where management is carried out.

The EA can also be configured to block new position openings if it reaches the established target.

With this parameter, you can use a percentage of your profit to make new entries. Suppose your daily profit is $100.00, when you enter a percentage of 25% of DrawDown, the EA will try to make new trades, if these new trades result in the loss of that 25%, the EA will be blocked until the market reopens. In the situation where the EA manages to make more profits, it will continue to open new positions, putting at risk 25% of the maximum amount obtained. Therefore, when the EA, for example, gets 200.00, it will continue to try to get more profits, but it will close its activities if the value in this example is less than 150. This parameter is for you to try to get more profits, without returning your total target profit daily and fits well in short scalper setups.

You can determine the maximum spread you are willing to pay. In symbols where the spread is floating, often the spread value is too high and it is not worth risking a position opening, so the EA ignores the entry signal for spreads above its configuration. Use zero (0) if you want to ignore this parameter.

After closing a position, the EA will wait for N candles to close before starting to reread signals. It is a temporary lock to aid risk management.

You can determine the maximum number of operations performed in the day. Remember that an operation can contain multiple entries. It is considered a completed trade when all entry positions have been finalized and no positions are open. After reaching the goal, ES will be blocked until the market reopens.

The maximum amount of losing trades on the day can also be configured. After reaching the goal, ES will be blocked until the market reopens.

First, I ask that you pay close attention to these parameters. You must inform the initial volume for opening positions (Initial input volume). The other parameters are optional and are used in different types of strategies and should be used with great caution. If you are making entries at different levels (Number of entries + Distance to new entries), you can increase the risk by multiplying the volume of new entries by the multiplier factor for new entries.

This multiplier can be a real number like 1.5. Care must be taken when using the increase in positions so as not to suffer too great a loss if the operation does not work out. To ease this exposure a little, you can limit the EA to a maximum volume per entry with the parameter (Maximum volume per entry), remembering that this is the maximum volume per entry and not the sum of all positions. It is also possible to alleviate exposure multiplication with the jump (Jumps N levels with each multiplication), increasing the risk by N by N levels.

Example1: InitialVol= 1, Number of entries = 10, Multiplier = 2, entries will be 1,2,4,8,32,64,128,256,512,1024. VERY CAREFUL!
Example2: InitialVol= 1, Number of entries = 10, Multiplier = 2, JUMP=2 the entries will be 1,1,1,2,2,2,4,4,4,8. MUCH BETTER!
Example3: InitialVol= 1, Number of entries = 10, Multiplier = 1.5, JUMP=1,Maximum = 4 the entries will be 1,1,1.5,1.5,3.37,3.37,4,4.

Do not use the multiplication factor without first testing the result very well. This setup is not for beginners!

Determine the base price for placing the targets in the parameters (StopLoss and TakeProfit from). In the case of entries at different levels, it is advisable to use the TakeProfit from the average price of the open position. Enter (StopLoss and TakeProfit distance) to calculate distance to targets. You may not inform these parameters, but the EA will not close the position and it will remain open. It is worth remembering that this information must be presented in ticks or points as specified in the "Information type" parameter above.

BreakEven - inform the distance to place the stop at zero to zero.
BreakEven Margin - if you want to guarantee some profit, use the margin so the stop is not zero to zero, but a profit margin.
Trailing trigger - distance for the trailing stop to be triggered.
Trailing distance - distance that the stopgain will be from the price to carry out the chase.

The use of the martingale does not require comments. Many people like other people. Use at your discretion and risk. The EA will multiply the new entries by two (volume*2) whenever it takes a loss and repeat this multiplication (number of attempts) times. Will return to starting volume when getting a win or reaching the number of attempts.

This feature is very interesting! When checking yes for this parameter, you must also specify a number of ticks to carry out the signal confirmation. This amount must be very small to be interesting. It is recommended that they be set between 3 and 10 ticks away. It works as follows: Upon receiving an entry signal in position, the EA waits for the next ticks before entering. If, for example, the signal is to buy and the price continues to fall, the EA waits for N ticks up before making a market purchase, improving the entry point. This feature is worth testing, especially when using multi-level input. If you are operating manually from the panel, you should note that when you click on buy or sell, the entry will actually only occur when confirmation occurs. The operational lines will be visible on the screen so you can see what is going on in the EA's calculations. This feature is worth testing.

You can disable the display dashboard in strategy tester during long tests to minimize cpu usage with the parameter (Display dashboard in strategy tester?) There is normally no need to disable it. You will be able to determine the coloring of the operation guidelines (Operational lines colors). We developed our EA always aiming to use the black background, it is advisable that you also choose the black background to better contrast with our determined initial colors.

This is where setups are born, this is the most important setup of the EA along with risk management and trading plan. In these settings, you will specify logical expressions based on information from indicators, so that the EA can perform operations automatically. The possibilities of setups are endless as each trader will use different parameters for each indicator. Below is an explanation of what each setting does so you can understand how it works.

Time to check the input signal => Here it must be specified whether the EA checks whether there is an entry signal every tick or every opening of a new period.

Demo codes => This parameter serves nothing more than to demonstrate the codes of each indicator and how you should describe it, as a reminder. Codes are not case sensitive.

Buy signal setup & Sell signal setup

Input signal => This is the place to add an expression so that when it returns 1, the EA enters the position. If this parameter is not filled in, the EA will not make any entries automatically. For example,(IPRICE[0,3]>IPRICE[1,1]) will give an entry signal when the price breaks the high of the previous candlestick.

Filter configuration => The filter signal serves as a preview signal, the EA only checks the input signal if the filter signal is satisfied beforehand.With this configuration you will be able to limit the inputs to a second condition. For example, we are set to buy on the previous candlestick breakout, but we will only execute this if the price is below the central moving average.(IPRICE[0.3]<ICMA[0.1])

Output signal => Use this option if you want to exit the trade with a signal. This signal is only checked if the EA is positioned and if it is verified as happened, the EA closes the position. Following our example that we bought on the fall of the price, we want to exit the trade when the price reaches the long average just above. (IPRICE[0.3]>ICMA[0.2])

Stoploss and Takeprofit price => Calculation configuration to obtain the stoploss or takeprofit position at the time of opening the position.

Signal for activation of automation => Suppose you want to create a setup that, after closing the position, requires a certain signal to occur so that you can enter new trades again, you determine this signal and the EA will wait for the signal to occur before checking the entry signal. The Keltner Channels setup for example, after finishing an entry, we must wait for the price to touch the central average to validate a next entry. While the robot is waiting for this previous signal, it will be in a waiting status and once the signal is confirmed it will go back to checking its input configuration.

When starting, wait for signal to activate? => This parameter is nothing more than the increment of the previous parameter. If true, when starting the EA, it will enter the previous signal waiting mode before starting to read the input signals.