Vega Risk Shield #048
USD 4,500
One-time Payment
Included
- Vega Risk Shield #048
More details
- Vega Risk Shield — User Guide
- 1. Overview
- Vega Risk Shield EA is a risk-focused Expert Advisor for MetaTrader 5.
- Its core purpose is to protect trading equity by combining:
- • ATR-based SL/TP management
- • Dynamic Position Sizing (risk % or fixed lot)
- • Equity Guard (daily loss limit, max drawdown, minimum equity)
- It can run in Risk Manager mode only (default) or trade automatically using a simple ATR
- Channel Breakout strategy.
- 2. Input Parameters
- Symbol & Magic
- • InpSymbol: Leave blank = current chart symbol, or enter symbol manually (e.g.,
- "XAUUSD").
- • InpMagic: Unique identifier for EA’s trades.
- Entry Signal (optional)
- • InpSignalMode:
- o Signal_None → EA works as a Risk Manager (no trades).
- o Signal_ATR_Channel_Breakout → EA auto-trades using ATR channel breakout.
- • InpMAPeriod: EMA period for baseline.
- • InpATRPeriodSignal: ATR period for entry channel.
- • InpATRMultEntry: ATR multiplier for breakout levels.
- Risk & Position Sizing
- • InpRiskMode:
- o Risk_FixedLot → Use fixed lot size.
- o Risk_BalancePercent → Lot size = % risk of account balance.
- • InpFixedLot: Lot size if fixed mode is selected.
- • InpRiskPercent: % of balance risk per trade (e.g., 1.0 = 1%).
- • InpATRPeriodSLTP: ATR period for SL/TP calculation.
- • InpSL_ATR_Mult: StopLoss distance = ATR × multiplier.
- • InpTP_ATR_Mult: TakeProfit distance = ATR × multiplier.• InpUseBreakeven: Move SL to BE after profit ≥ ATR × multiplier.
- • InpUseATRTrailing: Enable ATR-based trailing stop.
- Equity Guard
- • InpEquityGuardEnabled: Enable/disable guard.
- • InpMaxDailyLossPct: Daily loss limit (% of equity at session start).
- • InpMaxDrawdownPct: Maximum allowed drawdown since session start.
- • InpMinEquityToTrade: Block trading if equity falls below this.
- • InpDailyResetHour: Session reset hour (broker server time).
- Execution Filters
- • InpMaxSpreadPoints: Maximum spread (in points) allowed to open trade.
- • InpSlippagePoints: Allowed slippage (points).
- • InpMaxOpenPositions: Maximum simultaneous trades by this EA.
- • InpAllowLong / InpAllowShort: Allow buy/sell.
- Display
- • InpShowPanel: Show/hide on-chart status panel.
- 3. Trading Logic
- Risk Manager Mode
- • No trades are opened.
- • EA monitors equity guard rules and manages existing trades (breakeven + trailing).
- ATR Channel Breakout Mode
- • EMA baseline ± ATR × multiplier defines channel.
- • If price > upper channel → Buy.
- • If price < lower channel → Sell.
- • Lot size, SL, and TP calculated dynamically based on risk settings.
- 4. Equity Guard Rules
- • Trading stops if:
- o Equity < MinEquityToTradeo Daily loss ≥ MaxDailyLossPct
- o Drawdown ≥ MaxDrawdownPct
- • Panel shows status: OK or BLOCKED.
- 5. Recommended Settings (Safe Start)
- For EURUSD M15
- • Risk Mode: Balance %
- • Risk Percent: 1.0
- • SL = ATR × 2, TP = ATR × 3
- • MaxDailyLoss = 5%, MaxDrawdown = 20%
- For XAUUSD H1
- • Risk Percent: 0.5 (due to high volatility)
- • ATR Period: 14
- • Entry ATR Multiplier: 1.2–1.5
- • SL = ATR × 2.5, TP = ATR × 4