EA Manual: Produced after 2025 / For TNK

Introduction

We will explain the common parts of the EA we provide, including how to use it and parameters.
Versions produced from 2025 onward apply.
Depending on the EA’s specifications and source, there may be parameters that are not available, not used, or hidden. Also, wording may differ slightly depending on the version.
This article will be the latest update compared to the PDF manual provided at purchase (if available).
The explanations and images used below are for MT5; MT4 versions are the same. Any differences will be noted.

EA Setup Method

If you drag and drop the EA onto a chart of any FX currency pair, the chart will automatically switch to the EA’s currency pair and time frame.
(Automatic Chart Setup Feature)
When that happens, the candlestick colors change, and in the center you’ll see the symbol, time frame, and spread, with parameter settings displayed on the right side.
Other than that, it’s the same as the usual EA setup method.

Various parameter settings and other values are displayed at the top right.
The Lot size “Lots” shows the risk percentage inside parentheses only when compounding is enabled.
In addition, details of the parameters will be described later.

Simple Specifications Description

You can check simple specifications here.
Note: In MT4, see the “Version Information” tab
This area can be prone to human error during production, so please use it for simple verification only and do not rely on it completely.
Please set the number of bars higher than stated.

Parameter Examples

Parameters & Chart Comment

Note: Items shown within 【 】 appear in the chart comments.

1. Basic Settings

1. 1. Magic Number【Magic】
      EA identification number. Set a different value for each logic. If it duplicates with another EA, erroneous behavior may occur.
   2. Lots【Lots】
      Lot size for simple interest operation. The default is not a recommended value.
   3. Risk%【—%】
      Risk setting for compounding operation.
      This is the maximum loss percentage for drawdown selected in the compounding feature settings.
      ・Formula： | Free margin (or balance) × Risk% ÷ (SL value × Yen conversion) = Compounding Lot
      ・Example： Settings “Free Margin”: 1,000,000; SL 230; Risk 10%; Result ≒ 0.43 Lots
      ・Calculation Example： 1,000,000 [Free Margin] × 0.1 [Risk 10%] ÷ (230 [SL value] × 1000 [yen conversion]) ≒ 0.43 [Lot]
   4. Compounding Function【MM】
      Money management feature. You can choose from three options.
      ・0: Simple/Fixed
      If you are operating with a fixed lot, select this “Simple” option.
      ・1–2: Compounding
      From the options “1: Free Margin” / “2: Balance”, select the item to set the maximum loss percentage and calculate the lot accordingly.
      Note: In backtests for each compounding, values are read as rough estimates, so the lot calculation may differ from actual operation.

2. Filters & Trade Control

1. 1. Position Control【Buy TP/SL : Sell TP/SL】
      Control for buy, sell, or both, parameterized from the standard MT4 controls. It becomes switchable even for MT5 where it is not standard.
      If no trades are made, the TP/SL fields are grayed out.
   2. Hedging
      Default hedging specifications vary by EA.
      If a broker prohibits hedging, you can switch to accommodate it.
   3. Carry-over (Weekend Holding)
      Default behavior varies by EA.
      “true” = carry over enabled, “false” = carry over disabled.
   4. One-day Carry-over
      “true” means carry over enabled, “false” means carry over disabled.
   5. Triple Swap Stop Control【3xSwapTrade】
      Automatically detects three-times-a-week swap days internally and avoids entries around the right before each day. Timing of avoidance depends on the EA.
   6. Acceptable Spread Pips【Spread Lim/Ave】
      Spread allowed for trading.
      Displayed on the left side (Lim). If set to “0”, it automatically links to the internal average (Ave) of the measured spread and sets accordingly (details later).
   7. TP/SL Pips【Buy TP/SL　Sell TP/SL】
      If you can change TP and SL values, they will be shown in the parameter fields and can be modified. Input is generally in Pips (1 pip = 10 points).

3. Auxiliary Features

1. 1. Trade Information Recording【Recording】
      Calculates and outputs to csv each entry, close, TP/SL, and order failure, including spreads, slippage, latency, etc. (details later)
   2. Display of Trade History Line & Pips on Chart【Added beneath Comments】
      Shows the trade history line and gained pips from entry to close on the chart using MT4’s trade history. It can also run during backtests.
      Note: In backtests, pips display may be unavailable for some EAs.
      If you leave this on (“true”) while operating, MT4 may slow down. It is recommended to keep it off (“false”) except when viewing.
   3. Notification Comment Modification【OrderComment】
      If this is “false”, internal default strings are used. If set to “true”, the strings configured in the following 4 parameters are used.
      Note: While running, the comment can sometimes disappear.
      If that happens, it may affect trading, so this staged configuration was implemented.
   4. Notification Comment【OrderComment】
      
      If you set 3 to “true”, this comment is reflected and shown in the chart comments.
      If it exceeds 31 characters, it will be automatically truncated from the end.Note: Some brokers may have a maximum character limit other than 31.

4. Buy/Sell & Logic-Specific Parameters

1. 1. Operation Switch
      Active: true / Inactive: false
   2. TakeProfit
      You can change the maximum TP. Depending on the EA, it may vary according to the situation.
   3. 
      Maximum SL. Depending on the EA, it may vary according to the situation.
      This value is used in compounding calculations. If multiple SLs exist per logic, the maximum value of the active logic is used for calculation.

Chart Display

The chart display may switch among the following three patterns depending on the situation.
If you set the trade history line parameters to “true”, more display items will appear.
If for some reason it becomes inactive, the display will darken except for the magic number and lot.

Normal Operation

Normal Operation + Trade History Lines & Pips on Chart set to “true”

Inactive

In addition, if the EA set is detached due to platform updates, the comments may remain and the EA name on the top right may appear blank.
Be careful not to mistake this for normal operation when interpreting the chart as active.

Chart Comments Supplement

In addition to parameter items, the following items are displayed.
Items 2–5 are displayed when trade history lines are set to “true.” These are limited by the trade history stored in MT4/MT5.

1. 1. Swap【Swap B/S】
   2. Trade Counts
   3. Profit in Pips
   4. Profit Factor
   5. Risk-Reward Ratio / Win Rate

Built-in Auxiliary Features

We incorporate various auxiliary features to prevent human error.

1. 1. Auto Chart Setup
      Dragging and dropping the EA onto a currency chart automatically switches the chart and, once set, the colors change.
      For some brokers or accounts with symbol names like “GOLDmicro”, it may not work perfectly; in that case, please set manually.
   2. Chart Comments
      Layout of parameter info on the chart’s right side for easy viewing, with important items like “Magic Number” and “Lot” highlighted in color and larger text to prevent mistakes.
   3. Chart Changes When Status Error Occurs
      If trading is not possible, the chart screen darkens except for “Magic Number” and “Lot.”
   4. Central Chart Information
      Top row shows the symbol, bottom left shows the time frame, and the right shows the current spread in pips.
   5. Duplicate Magic Number Alert
      Only for MT4/MT5 on the same PC, if a duplicate seems to exist, an alert screen will appear.
      Note: If you shut down the PC without properly closing MT4/MT5, the end-of-session event may not be processed, causing a duplicate alert.
      There may be other unexpected alerts. If duplication is not an issue, you can ignore them and continue.
   6.  GMT0 Operation Prohibition Control
      Controls to stop operation for GMT0 brokers (Exness, Ava Trade).
      Other GMT0 brokers are not controlled.
      In principle, our EA operates only on GMT+2/+3 (daily 5 candles).
   7. Automatic Daylight Saving Time Control
      Automatically detects summer time by broker. When setting, the Expert tab will display:
      “No summertime”
      “American summertime”
      “European (UK) summertime”
      and content accordingly.
      This control is determined using brokers we know; for other brokers, judgments may differ.
      If you see a different display for your broker, please let us know.
   8. Notification Comment Disappearance Alert
      If the notification comment disappears, an alert will appear on MT4 and a notification will be sent to the mobile app. The chart comment’s notification portion will turn red.
   9. Trade Line, Pips Display & Simple Totals
      Visually displays the trade history on the chart.
      From entry to exit, it shows the trade line and earned pips, with a simple total shown in the right-side chart comments.
   10. Auto Spread
       Details described later
   11. Trade Information Recording (CSV Output)
       Details described later

Auto Spread Feature

If you set the parameter to “0”, the average spread is automatically calculated, and the internal spread filter value is set by adding a few pips to that average.
This eliminates the need to manually check the measured spread each time you set it.
The following are the specifications. Depending on the EA, the value added to the average may vary.

1. 1. If you set the parameter to “0”, it uses the internally measured average as the baseline.
   2. Manual setting, by entering a value other than 0, fixes that value.
   3. To prepare for early-morning sharp movements, the maximum value is internally capped at 8.0 pips.
   4. For early-morning logic handling, spreads may be set higher than 8.0 as needed.
   5. Right after installation, the average may not be stable, or early-morning not measured, leading to inappropriate values.
   6. Reloading MT5 or monthly data resets the accumulated data.
   7. Auto Spread does not function in backtests.
   8. If the chart stops updating, it will not refresh.

Trade Information Recording (CSV Output) Feature

【Storage Location】
“MQL4/MQL5” → “Files”

【Filename】
MT4: BrokerName_AccountNumber_TradeLog.csv
MT5: EAName_AccountNumber_TradeLog.csv
Note: In MT4, different EAs can be recorded in the same MT4 file. In MT5, a separate file is created per EA by design.