some clarification re inputs

Blaiserboy · **Joined:** Mon Oct 11, 2010 7:45 am **Posts:** 13

I am attaching a snag with arrows drawn to some places on the inputs page.

Could you clarify how each of those work.......

I do not have any idea as to what the 'B_Symbol_LS_0' would refer to.

And of course I would like to learn how to use the money management tools.

Thanks.

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

For the first 2 arrows. The fields are used to decrease the lot size after a loss. The type is used to select and automatic step (reduction at a % value) or a fixed amount. Look at page 13 of the Strategy Builder for mt4 user guide - it has the general guidelines used in MT5. Sorry we still do not have documentation for mt5.
B_Symbol_LS_0 is a variable to backtest the lot size of Buy
B=buy
Symbol=symbol (could be a pair i.e. EURUSD)
LS lot= size
You can also find:
TP= take profit
SL= stop loss

Blaiserboy · **Joined:** Mon Oct 11, 2010 7:45 am **Posts:** 13

molanisfx wrote:

For the first 2 arrows. The fields are used to decrease the lot size after a loss. The type is used to select and automatic step (reduction at a % value) or a fixed amount. Look at page 13 of the Strategy Builder for mt4 user guide - it has the general guidelines used in MT5. Sorry we still do not have documentation for mt5.
B_Symbol_LS_0 is a variable to backtest the lot size of Buy
B=buy
Symbol=symbol (could be a pair i.e. EURUSD)
LS lot= size
You can also find:
TP= take profit
SL= stop loss

I think you said I can include a symbol name in that space or several symbol names...?

Slowly but surely i will catch on....

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

The Symbol on B_Symbol_LS_0 means that in your strategy you use current symbol - so it works for any symbol.
If in the startegy builder you add a BUY icon and select a pair like EURUSD, the generated variable will be:
B_EURUSD_LS_0

You make the changes in the strategy builder, not in the code

Blaiserboy · **Joined:** Mon Oct 11, 2010 7:45 am **Posts:** 13

molanisfx wrote:

The Symbol on B_Symbol_LS_0 means that in your strategy you use current symbol - so it works for any symbol.
If in the startegy builder you add a BUY icon and select a pair like EURUSD, the generated variable will be:
B_EURUSD_LS_0

You make the changes in the strategy builder, not in the code

Use multiple 'Buy' Icons.?

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

Each buy icon (and sell icon) will generate its own variable in mt4. If you use 2 buy icons, you will have 2 mt4 variables that you can use in backtesting.
Pair Variables, The builder automatically creates variables for each currency pair
included in the forex strategy. These variables contain values for lot size (LS), take profit (TP),
stop loss (SL) and trailing stops (TS). I.e. For a EURCAD strategy, typical values include :
S_EURCAD_LS_0, S_EURCAD_TP_0, S_EURCAD_SL_0, S_EURCAD_TS_0, B_EURCAD_LS_0,
B_EURCAD_TP_0, etc

Pair variables are constructed using the following standard:
Order Type First letter (Buy or Sell) + Currency Pair + Variable Use (LS, TP, SL,
TS) + Reference Number
i.e. S_EURCAD_LS_0 is a variable for a Sell order, for EURCAD, and has the value for
the Lot Size. B_EURCAD_TP_0 is a variable for a Buy order, for EURCAD, containing
the Take Profit Value. Use these variables to optimize your EA when back‐testing
your strategy in MetaTrader

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some clarification re inputs