AXILGO PIP PIPER COPILOT – User Documentation (Part 2) – Miscellaneous – May 19, 2024

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AXILGO PIP PIPER COPILOT USER GUIDE

Advanced Compliance Manager Expert Advisor (EA) with integrated transaction manager with built-in risk calculator

memo: Use the “double arrow” icon in the bottom right corner of PP CoPilot full mode and compact mode.

Risk Reward Overlay

PP CoPilot comes with a trade execution overlay for pending orders. By default, this comes enabled in charts. Alternatively, you can toggle the icon on your dashboard to enable or disable this overlay.

Dragging the loss bar above the entry overlays a short entry, while the loss bar below the entry overlays a buy position.

The dashboard consists of three main parts:

One. Trade Conduct and Information Section

2. Risk Calculator Section

three. Trade Execution Department.

PP CoPilot also comes with an overlay tool that helps traders visually adjust entries, stops and take profits by splitting trade positions (up to 9) and setting multiple targets (up to 3).

This section consists of three parts. You can enable/disable these action/information panels by clicking on them.

all. Trade Action:

Close all: This will close all positions (both active and pending orders).
Close buy position: This will close all buy positions.
Closed Sell Position: This will close all selling positions.
Partial position liquidation: To partially liquidate a position, select the position, select the partial position as a percentage and click ‘Close Partial Position’.
SL will be: Move SL to BE for the selected location.

rain. account monitor

account monitor
This section displays important statistics for your account. This information provides a snapshot of your Loss Protection (DP), Distance to DP, Current PnL, Total PnL, Account Targets, Open Positions, Daily Opening Balance, Daily PnL, Weekly Opening Balance, Weekly PnL, and Open Balance.

Seed. news monitor

news monitor
This section presents the economic calendar. You can sort by this. call or importance.

Risk (%/$): For each position you execute through PP CoPilot Trade Manager, you can choose to calculate risk in % or dollar value.

SL(pips): Here you can set Stop Loss for Pips.

many: Lot size is automatically calculated based on your risk selection. Users can manually override lot settings.

RR overlay: that much Risk:Reward Here you can set the ratio. If you select multiple targets, PP CoPilot gradually adjusts the targets based on this value.

Number of transactions: In this section you can select the number of transactions you want to open. PP CoPilot Trade Manager splits your positions based on the total risk you choose. maximum split 9 locations This is allowed here.

Market Purchase: This initiates a market buy order based on risk and trade/target position.

Market Sales: This initiates a market sell order based on risk and trade/target position.

Target: Here you can select up to three objectives for your position.

Pending orders: Click this icon Open the ‘Risk Reward Overlay’ and place a standing order.