Mount Gold MT5 – Settings Overview – Miscellaneous – February 3, 2024

Screen panel:

Headline label: Show/hide screen panels

“Trade” button: Two more buttons will open for you to choose to open a buy or sell order.

Button* “Auto”: Enables/disables opening a new order set after closing the previous set. It does not affect the operation of the currently running set.

Button* “Close”: Opens two more buttons that allow you to close the running set or the last open trade if it matches the current Take Profit.

* Grayed button status means it is currently inactive.

Parameter overview:

· Play sound when profit ends

· Play sound while profits are tracked

· Magic number setting

· Set location description

· Set panel background color

· Select your account free amount mode based on margin, balance or assets.

· Set the account maximum free amount (%) to be utilized for trading

· Set the account risk amount per 0.01 lot to be used for the initial position.

· Sets a lot size fixation for the initial position if 0.01 amount at risk per lot to use for the initial position = 0.

· Set the lot size to maximum. Initial position if risk amount per 0.01 lot to be used for initial position > 0

· Activate/deactivate buy and/or sell positions

· Set a maximum value. Number of open positions

· Set a maximum value. diffusion

· Set a maximum value. Set position after initial position

· Set a minimum value. Distance between grid positions

· Choose a scaling mode: MathPower’s Fixed Volume, Arithmetic, Geometry, or Geometry.

· Set lot size for scaling mode “FixedVolume”

· Fixed Volume: Next Position Lot Size = Value

· Arithmetic: 1, 2, 3, 4, 5, 6, 7,… , <= maximum lot size

· Geometry: 1, 2, 4, 6, 8, 10, 12,… ,<= maximum lot size

· Geometry in MathPower: 1, 1, 2, 4, 8, 16, 32,… , <= maximum lot size

· Set a stop loss per position (liquid only affected positions when the cut-off limit is reached)

· Enable/disable drawdown reduction

· Set starting level to reduce decline

· Setting up lagging take profit activation

· Sets the overall percentage of profits saved after Take Profit is activated.

· Set trading period and time

· Set display screen panel during visual tester backtest mode