EAversion: The current version of the CNT EA. Do not change this field.
ReleaseDate: The releease date of this EA.
UseMoneyManagement: (Default: true) Use the MM by selecting AccountRisk (see below) and the MaxInitialSize (see below). If set to FALSE, it will not use MM (Money Management) and you have to set the FixedLotSize Parameter (see below)
IsThisAMiniAccount: (Default: false) Change to true if your account is a mini account. This is used to calculate the proper lot size.
AccountRiskPercent: (Default: 0.2) Percent of risk per pips. The formula is Account Balance / 10000 * AccountRiskPercent… You can check the lotsize in the Account Risk area once the EA has been initialized.
FixedLotSize: (Default: 0.1) Only works when UseMoneyManagement is set to “false”. This allows you to set the Lotsize for your trades. However, make sure you set this figure less than MaxInitialLotSize, or it will still trade at the Max setting.
MaxInitialLotSize: (Default: 3.2) The Maximum lot size for the EA, this setting overwrites risk percent.
AllowNewTrades: (Default: true) By changing this setting to false, the EA will not take any additional trades.
Username: Your CNT username. (Signup at http://www.currencynewstrading.com/register)
Password: Your CNT password.
Suffix: (Default: N/A) Some brokers use Suffix, if your broker use suffix, then enter them here.
UseStraddle: (Default: true) Enable straddling. If you change to false, it will stop the EA from taking trades.
SecToStraddle: (Default: 20) Seconds before the news release to enter straddle trades.
SecToCancel: (Default: 10) Seconds after the news to cancel straddle trades.
StraddleSL: (Default: 15) Initial Stoploss for the straddle trade.
StraddleTP: (Default 35) Initial Takeprofit for the straddle trade.
StraddleGap: (Default: 15) Pips between the current trading level to place the straddle trades. Note the smaller this number is, the easier for brokers to widen the spread and pick up both straddle orders. Change only if you know what you are doing.
StraddleTrail: (Default: 10) Trail stops for straddle trades.
EnableSound: (Default: true) Change to false to disable EA sounds
HighImpactOnly: (Default: false) Trade only high impact news releases… Recommendation is to trade ALL tradable releases.
ServerTimeOffset: (Default: 0) The difference between your MT4 broker server time the Meter. Not your PC Time…
Here’s the quick reference for your ServerTimeOffset Settings based on your Broker (MT4) Server Time:
- -9 GMT = 11
- -8 GMT = 10
- -7 GMT = 9
- -6 GMT = 8
- -5 GMT = 7
- -4 GMT = 6
- -3 GMT = 5
- -2 GMT = 4
- -1 GMT = 3
- 0 GMT = 2
- 1 GM = 1
- 2 GMT = 0
- 3 GMT = -1
- 4 GMT = -2
- 5 GMT = -3
- 6 GMT = -4
- 7 GMT = -5
- 8 GMT = -6
- 9 GMT = -7
- 10 GMT = -8
- 11 GMT = -9
If your broker uses 0 GMT, the you would put 2 in the ServerTimeOffset field.
ExcludePairs: Enter excluded pairs here in a comma separated format with no space and no ending comma, such as EURUSD,USDJPY,USDCAD This will tell the EA to skip these pairs from straddling.