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Artemis_Sitter v3.55
Standard / Pro Editions
MT4 Expert Advisor
Copyright 2005-2009, Yannis Sferopoulos
[email protected]
You must read following acknowledgment and disclaimer very carefully and if you do
not agree in full with the terms and conditions stated in both of them,
DO NOT PROCEED WITH THE INSTALLATION AND / OR THE USE OF THE
EXPERT ADVISOR. The use of the expert advisor explicitly indicates that you have
read and agreed on all terms and conditions stated in the disclaimer and the
acknowledgment below.
ACKNOWLEDGEMENT
Artemis_Sitter is the property of the author, Yannis Sferopoulos. The expert advisor and any
related software or related document is owned by the author and protected by copyright law and
international copyright treaty. Therefore, you must treat both the software and the
documentation like any other copyrighted material. You are granted a non-exclusive license to
use the software, but it may not be copied, rented, leased, diffused or transferred in any other
way. You may not distribute, copy, emulate, clone, rent, lease, sell, modify, decompile,
disassemble, or otherwise reverse engineer, or transfer the software, or any subset of it. All
rights not expressly granted here are reserved by the owner. Purchase or rental of this product
does not transfer any right, title, or interest in the software. You are hereby notified that the
software product is protected by EEC Copyright Law and you may be held responsible by the
author for any infringement of such rights or violations of this agreement and will be prosecuted
to the maximum extent possible under law. It is forbidden to distribute this software or the
documentation, to third parties, including but not limited to, uploads to user groups, forums,
shareware, eBay, and in general any web sites, without the explicit written authorization from the
author.
DISCLAIMER
Any information herein and the use of the expert advisor should not be regarded by recipients as
a substitute for the exercise of your own judgment. Any opinions expressed in this content are
subject to change without notice and the author is not under any obligation to update or keep
current the information contained herein. Spot foreign currency transactions, options, derivative
products and futures are not suitable for all investors, and trading in these instruments is
considered very risky. Past performance is not necessarily indicative of future results.
Try the Artemis_Sitter expert advisor on a demo account first, until you fully understand how it
works and verify by yourself that it works correctly and as you expect BEFORE putting any real
money in it. An immense deal of work has been done to assure that all information supplied in
this document and elsewhere is as accurate as it can be, and in the same time, the software
including but not restricted to the expert advisors that can be provided as demo or registered
version, is functioning correctly without problems and bugs. However, the author, any of his
representatives, associates or partners do not give any expressed or implied warranty as to its
bug free operations or accuracy and will not accept any liability for errors, bugs, omissions or any
other problems that could come up from the use of the software, and cannot and in any way, be
held responsible for any damage, expenses, liability or losses that a user might sustain. Users are
in fact advised of the possibility of such damages, losses, or expenses and of course, neither the
EA nor the information contained herewith constitutes any solicitation or advice for trading.
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Artemis_Sitter v3.55 EA
TABLE OF CONTENTS
ACKNOWLEDGEMENT.................................................................................................. 1
INSTALLATION NOTES.................................................................................................. 3
What Artemis Sitter CANNOT do for you. ....................................................................... 6
What Artemis Sitter CAN do for you................................................................................. 7
Quick Info. .......................................................................................................................... 8
Settings / Parameters available. ........................................................................................ 10
1 click - manual orders entry shortcuts ............................................................................. 24
Version History................................................................................................................. 27
Licensing........................................................................................................................... 30
Error Codes and what they mean...................................................................................... 31
Comparative sheet between versions ............................................................................ 33
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INSTALLATION NOTES
You received a single file setup ( usually named Artemis Sitter Setup.exe_ ) which
has a dash an underscore at the end of the filename. This is done to prevent email
clients from blocking the attachment.
1. Save the file to your desktop
2. Rename it by removing the last dash, the file now should read Artemis Sitter
Setup.exe
3. Close your MT4 instance if open
4. Double click the file to start the setup process.
Follow the installation steps steps as described below. Please note that all the installed
files are virus / malware / spyware free and none accesses, uses, controls, shares or
send any personal information from your computer.
Click on Next > button
Read the EULA (end user license agreement) choose I accept and click on Next button
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When prompted for the destination folder, choose your MT4 MAIN installation folder
(do not point to \experts or any other folder inside the main folder)1
Click on Next
Verify your installation folder is correct and click on Install
Once installation is finished, open your MT4 instance, open the Experts Advisors section
from the Navigator window. You should see a new expert named Artemis_Sitter v3.55
Pro. The EA will be grayed out but it doesnt matter. This is because the source file is
not provided, but the EA will function properly.
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Go to Tools/Option on your mt4 menu and make sure that the settings on the Expert
Advisors tab are set as follows:
MAKE SURE YOU HAVE THE EXPERT ADVISORS BUTTON ENABLED
If everything is ok, you should see the smiling face on the top right
corner of your chart just after the EAs name.
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Right click on your chart, click on Experts Advisors and then Properties or press
F7
From the Common Tab Page, get sure that ALL the checkboxes are checked as
follows
Put the EA on the chart(s) where you want it to babysit your trades; dont forget to set
up the EA parameters to your own personal liking according to the way you trade and
mostly to exactly match your trade lot size.
What Artemis Sitter CANNOT do for you
The EA is not a fully automated trading system, meaning no trading logic is
coded within so it will never place a new order by itself.
(Unless you use the keyboard shortcut entry keys available in the Pro version).
The EA can only handle and babysit trades already open either manually or by
other EAs. So please dont ask how much you can make using the EA or what are
the best settings and what pairs can it be used with.
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What Artemis Sitter CAN do for you
The EA is developed to be an incredible trading tool which will help you handle
your manual trades in a most secure, reliable and proficient way using numerous
settings that can be adjusted to match your own trading system and style,
helping you get the most profit out of each trade.
Emphasis has been given to reliability and speed of execution, making
Artemis Sitter simply the best and top reliable expert advisor of its kind for all
traders. Either you are a professional or a junior trader, the Sitter will amongst
many other features, handle without problem any account type you may use,
any lot size, multiple lots position and any MT4 broker you trade with, no matter
if your broker uses the classic 2 and 4 digits or the new 3 and 5 digits for price
quotations.
Furthermore, a really ingenious interface allows you to take advantage of new
features either difficult to handle under MT4 platform or not available at all.
You can handle and move all your stops directly on the chart just using
your mouse and you can also use speedy 1 click shortcut keys to place any
kind of order you wish without the fuss of MT4 standard menus.
This includes straddles and any kind of pending or market orders and
even orders on Horizontal lines or Trendlines drawn on the chart,
everything highly definable to match your requirements.
The number of options available as to how a trade can be handled is really
stunning, most of them are briefly described below but also explained in details
later on in this users guide. Note that some options are available only in the Pro
version. See comparative sheet between versions at the end of this document.
Version history is available on page 27, licensing information on page 30
and Comparative sheet between Std and Pro versions on page 33.
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Artemis Sitter In a glance
The EA is designed to be used as an assisting tool for manual trading, meaning it
will babysit and manage any open trade manually entered and it will disregard
(unless you wish otherwise) any existing trade which might have been triggered
by another EA.
However, note that Artemis Sitter can also optionally - handle trades generated
by other EAs, giving the possibility to open automatically your positions based on
your EA and let Artemis Sitter and its extended capabilities take command of the
trade and baby sit as per your requirements.
It will allow you to place any kind of order by just using 1 key from your
keyboard, to move your stops using your mouse, to trail positions in various
ways and many other utilities described below.
Artemis_Sitter will do the following things once you put it / enable it on a chart:
It will immediately set both a masked SL and TP far away from your real
settings, hence disallowing the broker to actually see your real stops and profit
levels (but it will internally monitor your real settings and close position
accordingly if needed), or it can simply set your real SL and TP if you choose to
do so, according to your settings.
It will automatically secure a position, moving the stop loss at breakeven above
or below (depending on the position) your entry price by any number of pips you
wish to secure.
It will trail a position using a multitude of features, moving the SL according to
the number of pips you wish to use as a trail.
The trail can optionally start either from the very beginning of the trade, or after
the position has been secured (moved to break even) depending on your
settings.
You can optionally define any moving average to be used as a trail. For example
you could use 50SMA as your trail, or any other MA since you can define any of
the moving averages parameter like period, method and apply to constants.
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You can optionally use a 1 time stop los trail that will kick in just once as per
your settings and will then stay off.
You can optionally use the PSAR indicator commonly used with MT4 to trail your
positions.
You can optionally use the previous xx bars High or Low as a trail mechanism.
You can optionally use a step trail mechanism. It will move your stops by xx pips
for every yy pips price moves in your direction.
You can use multiple lot positions since Artemis_Sitter provides a scale out
mechanism and up to 6 different TP levels. This means that it will automatically
start to close portions of your initial lot size every time a TP level is reached.
Artemis Sitter provides a quick Stop & Reverse mechanism. You can reverse any
trade in progress using a keyboard combination. The EA will close currently
opened trades and initiate a new one in the opposite direction with the settings
entered in the EAs inputs. This is done by pressing the left Alt key (left side of
the keyboard) and the key R at the same time Alt+R
If theres 1 trade active, pressing Alt +R will close this trade and open a new one
in the opposite direction. If multiple trades are open, the EA will close them all
and open a new one in the opposite direction only if all the open trades are in
the same direction.
If the Use.PSAR.As.StopReverse parameter is set to true, the EA will do that
automatically on any PSAR change of direction.
There is also an automated Stop & Reverse mechanism based on the Parabolic
Sar indicator. If you enable this feature, then once Artemis Sitter sees that PSAR
changes direction and its new direction is against your trade(s), it will close this
trade(s) and initiate a new one in the direction of the indicator.
You can use your mouse to move your stops or take profit level directly on the
chart, without going through the fuss of editing your order the usual way.
You can use keyboard shortcut keys to place any kind of order and even a
straddle (both long and short pending orders). All pending orders can also be
handled manually through the mouse if set through the 1 click shortcuts.
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You can easily use trendlines and horizontal lines to place a trade through the 1
click shortcuts.
It will also provide a multitude of visual onscreen information for many things
amongst them, upcoming news showing you the impact of the news in
corresponding color (red for very volatile, orange for medium), your trades
history flagged on the chart with the P&L for each one etc
Settings / Parameters available
Lot.Size
Any value (in pips), but it must match your manual position lot size.
You can use whatever lot size you want to trade with either full lots or fractional
lots (mini or micro) depending on your broker. The value here will be use along
with the Take.Out.Lots parameter below to allow the EA to eventually support
scaling out positions (close partial values of the initial lot size by sizes defined by
following parameter).
Take.Out.Lots
Any value (in pips), but it MUST BE AN EXACT DIVISOR of Lot.Size. The value
here will be used by the expert advisor to partially close a multi lots position,
each time it has to do so, which in turn depends on the various take profit levels
below.
i.e. Lot.Size=1.20 Take.Out.Lots=0.40 (3 x Take.Out.Lots exactly equals Lot.Size)
Lot.Size=1.00 Take.Out.Lots=0.50 (2 x Take.Out.Lots exactly equals Lot.Size)
Lot.Size=1.00 Take.Out.Lots=1.00 (1 x Take.Out.Lots exactly equals Lot.Size)
Lot.Size=0.60 Take.Out.Lots=0.60 (1 x Take.Out.Lots exactly equals Lot.Size)
Wrong-> Lot.Size=1.20 Take.Out.Lots=0.50 (2.4 x Take.Out.Lots = Lot.Size)
As an alternative, you can now define your own scale out position for each one
of the 3 TP available instead of using fixed scale out portions of your lot.size
through the use of the Scale.Out.Lots parameters.
This is done with the use of the 3 parameters named
Actual.TP1.Lots, Actual.TP2.Lots and Actual.TP3.Lots.
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If the 1
st
one of these 3 parameters has any non 0 value, then the EA will use
the lot sizes specified in these 3 parameters to scale out your initial position
(Lot.Size parameter). If they are set to 0, then the EA will use the Scale.Out.Lots
parameter to evenly scale out your initial position.
But here also, these 3 parameters MUST be in accordance with your 3 take profit
levels. This means that if you choose for instance to scale out an initial position
of 0.7 lots, into 2 parts only, then you can specify for instance 0.4 for
Actual.TP1.Lots, set Actual.TP2.Lots to the remaining 0.3 lots (0.4+0.3 = 0.7)
and you MUST set Actual.TP3.Lots to 0.
In the same way, if you would like to close the same initial position of 0.7 lots,
into 3 parts, then you could use for example 0.3 for Actual.TP1.Lots (which will
aim at the 1
st
TP actual.TP1), 0.2 for Actual.TP2.Lots (which will aim at the 2nd
TP actual.TP2) and 0.2 for Actual.TP3.Lots for the 3
rd
TP level.
Its up to you to decide if you want to split a position into equal parts using the
scale.out.lots parameter (and setting Actual.TP1.Lots, Actual.TP2.Lots and
Actual.TP3.lots to 0), or if you want to use non equal parts and in this case no
matter the value of the Scale.Out.Lots set up your own lot values for each TP
through the use of the 3 Actual.TPx.Lots.
IT IS ESSENTIAL THESE PARAMETERS ARE SET CORRECTLY AND ALSO SET
ACCORDING TO THE LOT SIZE YOU USE FOR YOUR MANUAL TRADES
For example, if you have set the EA to handle a positions Lot.Size=1.2 lots with
a scale out of 0.4 but your actual position is using a lot size other than 1.2, then
you could face malfunctions in the EAs various functions especially in the scaling
out mechanism.
Actual.TP1
Any value (in pips).
Actual.TP1.Lots
(Discussed above)
Actual.TP2
any value (in pips).
Actual.TP2.Lots
(Discussed above)
Actual.TP3
any value (in pips).
Actual.TP3.Lots
(discussed above) .
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These are the 3 different profit targets you can optionally use with the expert. Each
value is defined in pips from entry price, but you are not obliged in any way to use all 3
values. This depends on your initial Lot.Size and the Take.Out.Lots params and you can
either use only TP1, TP1 and TP2 or all 3 TPs.
The Actual.TP1 is mandatory and cannot be 0.
The 2 others can be 0 or any number of pips, depending on how many sub positions
you want your main trade to be broken in.
If your trade is to be handled as 1 position (Lot.Size = Take.Out.Lots) then both
Actual.TP2 and Actual.TP3 MUST BE SET TO 0.
If your trade is to be handled as 2 positions (Lot.Size = 2 x Take.Out.Lots) then
Actual.TP3 MUST BE SET TO 0.
Lets see some examples to make things clear. What is important to have in mind is that
all the values used with these parameters must match. You must give Actual.TP2 a
value other than 0 IF your Take.out.Lots value is HALF your Lot.Size (and keep TP3 to
0), and accordingly you must give a value other than 0 to Actual.TP3 if your
Take.Out.Lots is exactly at 1/3 than your Lot.Size
So here are some examples, with combinations for previous and current parameters
depending on how you would like your trades to be handled. You can have the EA:
1. Babysit a position which will be fully closed in one time, at Actual.TP1 = at +15:
- Lot.Size = 1.60
- Take.Out.Lots = 1.60 (=Lot.Size)
- Actual.TP1 = 15
- Actual.TP1.Lots = 0
- Actual.TP2 = 0
- Actual.TP2.Lots = 0
- Actual.TP3 = 0
- Actual.TP3.Lots = 0
OR
- Lot.Size = 1.60
- Take.Out.Lots = 1.60 (=Lot.Size) Any value
- Actual.TP1 = 15
- Actual.TP1.Lots = 1.60
- Actual.TP2 = 0
- Actual.TP2.Lots 0
- Actual.TP3 = 0
- Actual.TP3.Lots = 0
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2. Babysit a trade which will be handled in 2 steps (Lot.Size = Take.Out.Lots x 2) and
will be partially closed at 2 different times, one portion (0.60 lots) at +15 and remaining
at +25 :
- Lot.Size = 1.20
- Take.Out.Lots = 0.60 (=Lot.Size)
- Actual.TP1 = 15
- Actual.TP1.Lots = 0
- Actual.TP2 = 25
- Actual.TP2.Lots = 0
- Actual.TP3 = 0
- Actual.TP3.Lots = 0
OR
- Lot.Size = 1.20
- Take.Out.Lots = 1.20 (=Lot.Size) Any value
- Actual.TP1 = 15
- Actual.TP1.Lots = 0.70
- Actual.TP2 = 25
- Actual.TP2.Lots =0.50
- Actual.TP3 = 0
- Actual.TP3.Lots = 0
3. Babysit a trade which will be handled in 3 steps (Lot.Size = Take.Out.Lots x 3) and
will be partially closed at 3 different times, one portion (0.40 lots) at +15, second
portion (0.40 lots) at +25 and remaining at +50:
- Lot.Size = 1.20
- Take.Out.Lots = 0.40 (=Lot.Size)
- Actual.TP1 = 15
- Actual.TP1.Lots = 0
- Actual.TP2 = 25
- Actual.TP2.Lots = 0
- Actual.TP3 = 50
- Actual.TP3.Lots = 0
OR
- Lot.Size = 1.20
- Take.Out.Lots = 0.40 (=Lot.Size) Any value
- Actual.TP1 = 15
- Actual.TP1.Lots = 0.60
- Actual.TP2 = 25
- Actual.TP2.Lots =0.40
- Actual.TP3 = 50
- Actual.TP3.Lots = 0.20
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So you can consider Take.Out.Lots as the portion of your trade you want to close at
each Actual.TP level.
If the portion of your trade is the same as Lot.Size, then your trade will be fully closed
when the EA reaches the pips specified in Actual.TP1
You must set TP2 and TP3 to 0.
If the portion is half your lot size, then of your trades lot size will be closed when /
if EA reaches Actual.TP1 and the remaining half when / if Actual.TP2 is reached.
You must set TP3 to 0.
If the portion is one third your lot size, then 1/3
rd
of your trades lot size will be closed
when / if EA reaches Actual.TP1, another 1/3
rd
when / if Actual.TP2 is reached and
remaining 1/3
rd
when / if EA reaches Actual.TP3.
I hope the relation between Lot.Size, Take.Out.Lots and the 3 Actual.TP levels is now
clear, and you should know when to set a Actual.TP parameter to 0, or when to assign a
specific value. If not then this is the 1
st
thing you have to clarify getting in touch with
me as soon as possible.
=--- ADDENDUM 1 ---=
From version 1.82 of Artemis Sitter PRO, 3 more TP levels have been added for a total
of 6 different Take Profit levels now available to support more challenging exit
strategies.
What has been described in details about the relation and the use of the 3 standard
Take Profit levels is also valid for the 3 additional ones.
So if a trader wishes for example split his main trade into 5 parts and use 5 take profits,
he must make sure that the division of the Lot.Size parameter by 5 will match exactly
his Take.Out.Lots value AND must not forget to set the 6
th
TP to 0.
=--- ADDENDUM 1 ---=
Virtual.SL
Any value (in pips).
This is the SL that will be used to set up your manual trade stop loss (if none is already
specified) so this is the stop loss the broker will see but also the one that will be in play
if your MT4 connection is lost.
The EA must be working in order to use its internal mechanism for monitoring the real
SL and TP we have set so if your connection is stable you can use the masked SL (and
TP) and let the EA do the rest. If you wish to disable this feature you can set it to 0, in
which case the Actual.SL will be used and will update your manual entry.
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Actual.SL
Any value (in pips).
This is the amount of pips which the expert will use as a real stop loss. It will internally
monitor all your positions and if any one sustains a loss equal to the pips specified here,
the EA will immediately close this position.
Virtual.TP
Any value (in pips).
This is the initial TP that will be used to set up your manual trade take profit (if none is
already specified) so this is the TP the broker will see but also the one that will be in
play if your MT4 connection is lost.
The EA must be working in order to use its internal mechanism for monitoring the real
SL and TP we have set so if your connection is stable you can use the masked TP and
let the EA do the rest. If you wish to disable this feature you can set it to 0.
Standard.Trail.Pips
Any value (in pips).
This is the amount of pips which the expert will use to trail a position. This means it will
start moving your stop loss keeping it away from current price by the number of pips
specified here as soon as it can but without ever going back even if price does come
back.
Trail.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Standard.Trail.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
This parameter is available on almost all following trailing mechanisms,
which gives you great power and flexibility to combine different trailing
methods at different price levels.
Move.To.BreakEven.at.pips
Any pip value.
This is used to lock in a profit, when a trade is in profit by the number of pips specified
here. Price must exceed Entry price by this number of pips in order to lock in the profit.
How many pips will be locked is specified by the Move.To.BreakEven.lock.pips
parameter below.
Move.To.BreakEven.Lock.pip
Any pip value. You specify here the amount of pips to lock once the amount of pips
specified above by the Move.To.BreakEven.at.pips parameter is reached.
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Trail.With.MA
True or False.
If set to True then the value of the moving average specified below will be used as a
trail mechanism.
MA.Period
The moving average period / length you wish to use. For example if you wish to trail
your position using the 50 SMA moving average, you set this parameter to 50, if you
wish to use 34 EMA, set it to 34 etc (The type of the MA is not relevant here since it
will be described below)
MA.Method
We specify here the type of the moving average to be used. Here are the available
types:
0 = Simple Moving Average
1 = Exponential Moving Average
2 = Smoothed Moving Average
3 = Linear Weighted Moving Average
MA.ApplyTo
You can use any of the following applied price constants:
0=Close applied on close
1=Open applied on open
2=H or L applied on either High or Low. The EA will use the High as reference for
Short entries, and the Low for Long positions.
4=Median applied on Median (high+low)/2)
5=Typical applied on Typical (high+low+close)/3
6=Weighted applied on Weighted (high+low+close+close)/4
So if we want to use a 50SMA on close as a trail, we set:
MA.Period = 50
MA.Method=0
MA.ApplyTo=0
Whereas if we want to set the trail at 34EMA level on weighted, we set:
MA.Period = 34
MA.Method=1
MA.ApplyTo=6
NOTE: The level of the MA is based on previous closed bar, not on the MA value of
current bar.
Trail.Threashold.Pips
A threshold or slack we want to add to the moving average level, if any. For example, if
we set this parameter to 5, then if the EA uses the MA as a trail, it will add (or subtract
Page 17 of 37
depending if we are long or short) 5 pips to the moving averages price level.
Trail.MA.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Trail.With.MA.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
Trail.With.PSAR
True / False
If set to True then the value of the Parabolic SAR indicator will be used as a trail
mechanism.
Psar.TimeFrame
0 for current, or any other TF (5,15,30,60,240,1440)
PSAR.Step
0.02 (default) or any value you want
Psar.Maximum
0.2 (default) or any value you want
Use.PSAR.As.StopReverse
True / False
If set to True the EA will monitor any switch in the Parabolic Sar indicator. When PSAR
switches from its current direction to the opposite, if you have one (or more) trades
opened in the opposite direction of the new direction indicated by the PSAR indicator
then the EA will close them all and open a new one in PSARs new direction with the
settings set in the EAs inputs tab. You can set up the PSAR parameters (Time Frame to
monitor and PSARs parameters) on following inputs.
Trail.PSAR.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Trail.With.PS.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
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So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
Initial.1Time.Stop.Move
False or True
If set to True, this parameter add a 1 time stop move possibility (it will kick in once and
then stay off) based on the 2 following parameters.
Once.Price.Moves.Pips
Any number of pips
Once price has moved in our favor by the specified number of pips, the EA will then
move the stop by the number of pips specified below.
Move.Stop.Pips
Any number of pips
Number of pips by which the EA will adjust the stop.
Trail.HL.Previous.Bars.Count
0 = not used, turned off
You can enter here the number of bars before current bar you wish the EA to calculate
the highest high and the lowest low in order to use these as a trail stop. For example if
you set this to 5, the EA will calculate the lowest point from previous bar back to 5 bars
back and use this level as a trail stop for Long entries. As price bars continue to be
formed, this level is recalculate at every bar change and the trail moves accordingly.
Hence in an uptrend for example, the trail will adjust with the ongoing uptrend
evaluating at each bar change the next lowest level from previous 5 bars and move the
trail accordingly.
Trail.HL.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Trail.HL.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
Trail.By.Steps
True/False
Main switch to enable step trailing. Step trailing will allow you to trail your position by
moving for example the stops by 10 pips for every 30 pips price moves in your direction.
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For.Every.Price.Pips.Move
Any number of pips
This is where we initially define every how many pips we wish price to move in our
direction for the stop to be moved.
Move.Trail.By.Pips
Any number of pips
This is the number of pips we wish the EA to move our stops every time price move by
the number of pips specified above.
Trail.Steps.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Trail.By.Steps.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
Trail.By.ATR
True/False
Main switch to enable ATR trailing. ATR trailing will allow you to trail your position by
moving the stops based on a percentage from the pairs daily average true range. Both
ATR and the resulting stop loss are displayed on screen.
ATR.TimeFrame
1440 or any other valid TF
(0=Current, 5 = 5 Min, 15, 30, 60, 240 etc)
ATR.Period
5 or any number of days you wish to use to calculate the ATR.
ATR.Percentage
0.20 or any (decimal) number which reflects the percentage of the ATR that will be used
as a trail pips distance.
Trail.ATR.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Page 20 of 37
Trail.By.ATR.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
Trail.With.StopLine
True / False
If set to True then the value of the Artemis_StopLine indicator will be used as a trail
mechanism, always on current bar. Place the Artemis_StopLine indicator on the chart
to see the trail levels used. These levels are calculated with a formula derivate from the
well known Chandeliers exit.
StopLine.ATR.Range
1
st
setting used by the indicators ATR calculations.
15 (default) or any value you want
StopLine.ATR.Period
2nd setting used by the indicators ATR calculations.
14 (default) or any value you want
StopLine.ATR.Factor
3 (default) or any value you want
Trail.Stopline.Only.Last.Lot
True or False.
If set to True, this trailing method will be used on the last lot of your position only. It
will not affect the first lot(s) in case of a multi lot position.
Trail.Stopline.Start.After.Pips
Any value (in pips).
This is the amount of pips AFTER which the expert will use this trail method.
So if you use for example 40, the trailing mechanism will start after the position has
moved to +40.
If more than 1 trailing method is enabled the EA will move the stops according to the
method which will give the tighter stop for current position. Do not forget however that
you can specify different kick in levels for each one of the trailing mechanisms.
If none of the all previous methods are used (Trail.Pips=0 and Trail.With.MA=False and
Trail.With.PSAR=False, Initial.1Time.Stop.Move =False, Trail.HL.Previous.Bars.Count=0,
Trail.By.Steps=False , Trail.With.Stopline=False and Trail.By.ATR=False) then no trailing
will be used at all.
Page 21 of 37
To use any trailing method after the position has been secured to break even, just set
its Trail.xxxxxx.Start.After.Pips parameter to the same amount of pips used with
Move.To.Breakeven.At.Pips.
Manage.EA.Open.Orders
True or False
Allows the EA to handle trades generated by other EAs along with manual trades.
If your own EA with which you place your orders has no extended position handling
possibilities or for any other reasons you would prefer Artemis Sitter to handle the
trades generated by your own EA, you can set this option to True and the Sitter will take
care your trades. You will need to specify the magic number used by your EA in the next
option.
EA.Magic.Number.Used
The number your own EA uses for its trades. The Sitter can monitor trades from multiple
EAs, just input here there magic numbers separated by a comma.
Handle.All.Stops.Manually
True / False
If set to True ALL trail parameters and ALL stop handling mechanisms (Breakeven,
trails) are totally disabled since we are handling our stop loss and take profit level
ourselves using the mouse to move these lines.
The only stop related features that continue to work when this option is set to True are
the Scale Out mechanism and the initial SL and TP if the position has none set initially.
SEE ADDENDUM 2 TOWARDS THE END OF THE USERS GUIDE (page 35) FOR DETAILED EXPLANATIONS
ON HANDLING STOPS MANUALLY
V1.60 and upwards gives you now a mechanism to automatically close ALL your open
trades (no matter the pairs) based on running total profits or total losses. This is called
the basket options and you have the choice between the 3 different basket options
described below.
These parameters work in pairs since the 3 different basket options that can be used
have a parameter for profit and a separate one for losses, and it is suggested to only
use 1 basket of your choice if you want this feature, making sure all others baskets
parameters are set to 0.
One word of caution. ALL the parameters below are evaluated by the EA if they are set
to a non zero value. This means that you should only use 1 basket out of the 3 available
(but not restricted to), making sure the other baskets values are set to 0.
If more than one basket have non zero values, the EA will evaluate them all in the order
they appear below and eventually close the positions against ANY of the baskets
settings if needed. For instance if you set the Close.Trades.At.Plus.Pips to 200 but also
set the Close.Trades.At.Plus.Bal.Pct to 1.5 (%), then the EA will close all your trades
when their total gain reaches 200 pips OR if the total gain reaches 1.5% of your
balance, whichever comes first.
Page 22 of 37
If you wish to DEACTIVATE this feature (basket closure), just set all following 6
parameters to 0.
BASKET OPTIONS 1
Close.Trades.At.Plus.Pips
0=Do not close = disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total number of pips gained from all positions compounded, reaches the
number specified here.
Use a positive number only, no decimals.
Close.Trades.At.Minus.Pips
0=Do not close = disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total number of pips lost from all positions compounded, reaches the
number specified here.
Use a positive number only, no decimals.
BASKET OPTIONS 2
Close.Trades.At.Plus.Amnt
0=Do not close / disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total amount of dollars gained (or your accounts base currency) from all
positions compounded, reaches the amount specified here.
Use a positive number only, decimals allowed but not really needed.
Close.Trades.At.Minus.Amnt
0=Do not close / disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total amount of dollars lost (or your accounts base currency) from all
positions compounded, reaches the amount specified here.
Use a positive number only, decimals allowed but not really needed.
BASKET OPTIONS 3
Close.Trades.At.Plus.Bal.Pct
0=Do not close / disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total amount of dollars gained (or your accounts base currency) from all
positions compounded, reaches the percentage specified here against your current
balance.
Use a positive number only, decimal number allowed
i.e. 2.5 meaning 2.5% of your balance, 3 (or 3.00) meaning 3.00% etc...
Page 23 of 37
Close.Trades.At.Minus.Bal.Pct
0=Do not close / disable this feature.
Any other value will result in the EA closing ALL the manually opened trades, on ALL
pairs once the total amount of dollars lost (or your accounts base currency) from all
positions compounded, reaches the percentage specified here against your current
balance.
Use a positive number only, decimal number allowed
i.e. 2.5 meaning 2.5% of your balance, 3 (or 3.00) meaning 3.00% etc...
Close.All.Trades.At.Time
True/False
If set to True, the EA will use next parameter to close all opened trades as soon as the
time below is reached.
GMT.Time.To.Close.All
GMT time setting in format HH:MM
Place.a.Trades.At.Time
True/False
If set to True, the EA will use next parameter to place an order as soon as the time
below is reached.
GMT.Time.To.Place.a.Trade
GMT time setting in format HH:MM
Order.Type
The kind of order to place at time above.
1=Place a Straddle
4= Place a BuyStop
5= Place a SellStop
6= Place a BuyLimit
7= Place a SellLimit
0= Place an order on a horizontal or a trendline
All orders placed either manually through the 1 click keyboard shortcuts or by the
GMT.Time.To.Place.a.Trade parameter, are placed using the
Pips.Distance.From.Price available in the EA settings. The EA will see if the trade to
be placed is a long or a short position and it will use Pips.Distance.From.Price to
place the order xx pips above or below market price at the time of the entry.
Trade.All.Pairs.From.1.Chart
This is a parameter for traders using the same settings on many pairs and trade many
pairs at the same time. If set to True, then you can put the EA on just 1 chart and the
EA will handle all the positions from all pairs without any problem.
Page 24 of 37
Disable.1Click.Orders
True/False
If set to True, the EA will not check for keyboard key combinations.
This SHOULD be set to true if you wish enter your trades manually without the use of
the shortcut keys in order to not trigger any trades by mistake while you use your
keyboard for tasks other than trading. Set it to False only if you do not use your
keyboard for other tasks and you wish to use the shortcut keys to place any kind of
order through this procedure.
Show.1Click.Shortcuts
True/False
If set to True, you will have a summary of the key combinations in the upper right
corner of your chart. Setting it to False disables the display (but not the use of the
shortcut keys which is disabled only by previous parameter)
1 click - manual orders entry shortcuts
All the key combinations used for placing new trades are used by pressing the left ALT
key, holding in pressed and pressing the letter or number (Use the numbers on the
Numeric Key Pad to the right of the keyboard only and make sure the
NumLock is ON) corresponding to the kind of order you wish to place.
Attention. For these key combinations to work and trigger the corresponding
orders, ticks/data feed must be fluently coming in. If price is not moving or
moving extremely slow, you will need to retry again until you see the orders
placed on the screen, or just keep pressed the Alt and tap the numbered
key constantly until you see the MSN message box indicating the order
is placed. Be careful to not overdo it since you may trigger that way more than
1 order if the Use.Pop.MSN.Alerts is set to False. If it is set to True, it will
prevent multiple orders as long as the MSN like message box is on your screen.
You are also advised to not use your keyboard for other tasks in parallel since at
times, what you may type in can trigger a key combination and consequently the
related order.
Page 25 of 37
ALT +1 = Open a STRADDLE (1 long + 1 short pending order)
ALT +2 = Open a BUY (Market)
ALT +3 = Open a SELL (Market)
ALT +4 = Open a BUY STOP
ALT +5 = Open a SELL STOP
ALT +6 = Open a BUY LIMIT
ALT +7 = Open a SELL LIMIT
ALT +9 = KILL ALL TRADES
ALT +R = STOP & REVERSE
ALT +0 = Open a position on horizontal / Trend line
(This is a new feature appearing in v1.90)
You can draw a horizontal line or trend line at any level you wish on your chart. This can
be a major support / resistance line or a custom ascending or descending trend line.
Once you have your line defined on the chart, all you have to do is to name the line with
a number corresponding to the type of order you want the EA to place at that level
when you will press the ALT+0 (zero) key combination.
In the example below, the trend line has been named 4, so the EA knows we need to
open a BUY_STOP order which corresponds to the Alt+4 1 click key combination.
So if after you have drawn your trend line, you press Alt + 0 at any time you see fit, the
EA will find the trend line, read its name (4) and it will know it must open a BUY_STOP
order at the value of the trend line on previous candle.
Page 26 of 37
The remaining settings are pretty much explicit and are described in the image below
Page 27 of 37
Version History
v3.30
- A bug involving the trail time frames and the Actual.TPx.Lots has been fixed.
Multiple magic numbers can now be used to handle trades from more than 1 EA
v3.20
- A Time Frame parameter has been added to all trail methods calculations not having one
already, so the readings and the stops are not modified when we change time frames up and down
while the EA manages the trades.
v3.10 (major version change due to the bug fix and new functionality)
- The EA can now handle all the trades from all the pairs from just one chart.
- The improvement from v2.10 has been taken to a step further.
All the trailing mechanisms available can now be used at different levels each one. This provides
a huge flexibility and gives new functionality and potential since different trailing methods can
kick in at different levels.
- A bug which prevented custom take out lot sizes to function correctly was fixed when used
with the new option to trade all pairs from 1 chart.
Page 28 of 37
Trailing positions mechanism is now more flexible since orders can start to be trailed from any
distance from entry price instead of only after break even.
v2.10
- Trailing positions mechanism is now more flexible since orders can start to be trailed from
any distance from entry price instead of only after break even.
v2.00
- All pending orders can now be handled manually with the mouse
(not only SL and TP levels but the main order itself).
- Possibility to close all opened trades at a specified GMT time
- Possibility to place a predefined order type (even a straddle) at a specified GMT time
- A new double ATR based trail has been added along with the addition of the corresponding
indicator for visual confirmation
v1.91
- Code Optimization.
v1.90
- Traders can now use a custom horizontal line or a trend line to place an order on the chart at
any time using the ALT+0 shortcut key.
Just draw your line at any time, name it using a number from the 1 click shortcut based on the
kind of order you wish to place (i.e for a Straddle name it 1, 4 for a Buy Stop, 5 for a Sell Stop, 6
for a Buy Limit, 7 for a Sell Limit) .
- Step Trailing now supports position scaling. When a position with multiple lots is scaled out,
the step trail continues to cover the remaining lots.
- New Trail possibility based on ATR

v1.84 through v1.89
- Code Optimization.
v1.83
- Enables a combination of multiple trail mechanisms, using the tighter one that will be
available from the methods used.
v1.82
- Adds 3 more Take Profit levels to give more flexibility to various exit strategies
v1.80
- Fixes a bug with ECN brokers (MT4 brokers using 3 and 5 decimals / digits in their quotes
instead of the usual 2 and 4 digits
v1.79
- Fixes a bug with when scaling out using the Actual.TPx.Lots parameters
Page 29 of 37
v1.78
- Fixes a bug with the Trail.Pips parameter resulting in closing trades at +1
- Stop Loss and Take Profit Levels handled directly on the chart with your
mouse. Select the TP and / or the SL lines placed by the EA on the screen and
simply move them to the desired levels. Your positions stops will be modified to
these new levels automatically.
- 1 click Manual Order Entry Management.
You can enter any kind of order as well as a straddle with just 1 keyboard key.
All shortcut keys displayed on screen as visual help
- 1 click Panic Close All Positions allowing you to immediately all open positions.
- Daily and Weekly pivots displayed on screen as well as daily open, high and low
in a very elegant way without cluttering the chart.
- Option to trail by high/low from xx bars ago
- Option to scale out a position by non fixed lot sizes.
- Option to trail by high/low from xx bars ago
- Option to trail by steps (for every x pips price moving, adjust SL by y pips)
v1.75
Fixes a serious bug with the Virtual.SL/Actual.SL.
Actual.SL was not working as expected.
v1.70
On screen display adjustments.
v1.60
- Minor bug fixes on display + Pip count now matching pips x lot size in display.
v1.50
- Adds options to close all open positions basket of trades (all pairs) either in profit or in
loss, with 2 different parameters 1 for profit and 1 for loss, based on :
a) a specified number of pips
(i.e. 150 pips profit and 100 pips loss for all open orders and pairs)
b) a specified amount in accounts currency
(i.e. $1500 profit and $1000 loss for all open orders and pairs)
c) a specified percentage from accounts balance
(i.e. 2.50% profit and 2.00% loss for all open orders and pairs)
- Code adjusted to support 3 and 5 digits Brokers
- Adds Pivots (daily and weekly) proximity sensor and warning.
v1.40
- Add PSAR trailing.
v1.30
- Fixes a bug which prevented the EA to run correctly if the EAs settings were not correctly
set and which unfortunately did not display any message. This is why the EA did not work if for
example the TPs were not set correctly according to
the Lot.Size / Take.Out ratio.
- Fixes a (small) bug when trailing a position with the use of a moving average. The spread
was added to the wrong side.
- Adds a manual Stop & Reverse feature which allows the closure of a currently opened
position and initiation of a new position in the opposite direction. This is done by pressing left
Shift+R
- Adds an automated Stop & Reverse feature based on the Parabolic Sar indicator which is
fully configurable in the EAs parameters
Page 30 of 37
Licensing
Both registered versions, Standard and Professional can also be used
unconditionally on any demo account and broker, without any restrictions.
The demo version is unfortunately no longer available freely and this is due
to the attempts to decompile the EA from the demo. A lot of work has been
made and a lot of time is invested for supporting and helping the traders
using the Sitter which as with most mt4 code is hardly respected despite the
relatively low annual fee. Full support is provided 24/7 to licensed users
through my email [email protected] for any question or problem you
can encounter, or help for specific settings that match your manual strategy.
However, note that new upgrades and new features will only be available on
the PRO version which will continue to evolve.
Annual Fees per version (for 1 live account):
Artemis Sitter STD : $100
Artemis Sitter PRO : $200
Additional licenses for additional live accounts can be acquired with 50%
discount for each additional license required after the first one.
STD registered version includes full support and updates which include a
bug fix. The PRO version additionally includes any new version (beside a
bug fix) that will come out within the subscription period. Furthermore,
Traders under the PRO license can formulate requests for additional features
that can be based on their personal trading style or system. These requests
will be evaluated and could be coded in a next version either free of charge
or against a nominal fee depending on what is asked and if it is something
that could be valuable for all the users.
All annual subscriptions are payable to my PayPal account [email protected].
Please mention the EAs name, desired version and live account number in
your payment (Not needed for the demo).
The subscriptions and the demo fee are non refundable and delivery is
usually within 2 hours from payment from 06.00 GMT to 16.00 GMT, but in
rare circumstances it could take longer, up to 48 hours.
Caution: In case a user closes an account and opens a new one or transfers
funds from one account to another, the initial license will not be changed
unless he can provide an email from the broker stating that the account for
which the EA was initially licensed was indeed closed. In that case he will
get a new license for the new account free of charge, otherwise the account
Page 31 of 37
change will be perceived as a request for an additional new license at 50%
the initial fee.
Error Codes and what they mean
9101 / 9103 - Your MT4 and/or EA check boxes are not correctly set
1. Press CTRL+O to open the MT4 Tools/Option window
2. Click on the Expert Advisors tab page
3. Set your check boxes as picture below
4. Press F7 to open your Expert options window
5. Click on the Common tab
6. Set your check boxes as picture below
9102 - The expert is Disabled. Check the button as shown below.
Page 32 of 37
9105 - The expert has expired.
9110 - The expert is not licensed for a live account. See licensing page 29.
9115 - The expert is not licensed for a live account. See licensing page 29.
6200 - The total TP.Lots do not match your Lot.Size
(Actual.TP1.Lots+Actual.TP2.Lots+Actual.TP3.Lots+Actual.TP4.Lots+
Actual.TP5.Lots+Actual.TP6.Lots MUST match Lot.Size)
6201 - Scale.Out.Lots CANNOT BE 0.00 OR LESS
6202 - The expert is disabled because the Lot.Size and Take.Out.Lots
parameters are not consistent with each other.
This means that Lot.Size divided by Take.Out.Lots leaves a reminder or gives a decimal
value. Refer to page 10 of this users guide for detailed explanations.
6203 - Actual.TP1 CANNOT BE 0
7301 1 TP level is set to 0 when it should have a non 0 value.
For example, if your Lot.Size is set to 0.2 and Take.Out.Lots is set to 0.1 this
Translates to 2 positions and that the EA expect to find a value in both TP1 and TP2.
Getting this error probably denotes that TP2 is set to 0.
7302 2 or 3 TP levels are set to 0 when they should have a non 0 value.
Same as above. TP2 and / or TP3 are set to 0 when they should have a value.
7303 - 1 TP level has a value but it should actually be set to 0.
For example, if your Lot.Size is set to 0.2 and Take.Out.Lots is set to 0.1 this
Translates to 2 positions and that the EA expect to find a value in both TP1 and TP2
BUT NOT in TP3. Getting this error probably denotes that TP3 is set to a non 0 value
when it should be 0.
7304 - Actual.TP1 CANNOT BE 0
Same as above. TP3 and / or TP2 have a value when they should be set to 0.
Page 33 of 37
Artemis Sitter Expert Advisor
Comparative sheet between versions
(All On Screen display options are optional and can be hidden if desired)
STD PRO Feature Details

Multiple lot size positions supported The EA can baby sit a trade with any lot
number standard, mini or micro.
Full support for quotes with 3 and 5 decimals
and ECN/MT4 brokers
3 6
Scale out positions It can break an initial position up to 6 parts (3
for the STD version) allowing 6 different take
profit levels (3 for the STD version)

Masked SL and TP Initial SL and TP can be masked, the EA will
monitor internally the real SL and TP values,
the broker will see only virtual ones

Secure Positions to Breakeven
Can move SL to entry price + xx pips in order
to secure your position

Standard Trail Mechanism
Can trail a position via normal trail mechanism
(xx pips below price) either from start or after
position has been secured / moved to
breakeven

Advanced Trail Mechanism a) Through fully configurable Moving Averages
Stop will follow the MA level
b)
Through fully configurable Parabolic Sar
Stop will follow the PSAR level
c)
Initial 1 Time stop move.
Stop will be moved 1 time by xx pips when
price moves yy pips in our favor
d)
Through previous xx bars High / Low
Stop will follow the Low previous xx bars for a
long, the High of previous xx bars for a Short
e)
Through Step Trailing
Stop will be moved by xx pips for every yy
price move
f)
Through Chandeliers exit formula
Trailing Stop will be moved according to the
Artemis_StopLine indicator.
Page 34 of 37
g)
Through ATR Trailing
Stop will be moved by a percentage of its daily
range (displayed on screen according to the
settings used)

Trail can start at any distance All trailing methods can now be set to start at
any desired distance from entry price

Stop and Reverse Feature Close a position and open the opposite one,
either through a keyboard key combination or
Psar switch

SL and TP directly adjusted on
screen using your mouse
You can move and adjust SL and TP levels by
clicking on them and moving them to the
desired levels just using your mouse

Remove all open orders based on a
predefined time of the day
You can define a specific time (in GMT) at
which all open orders will be automatically
closed by the EA

Place any kind of order including a
straddle (both a long and a short
pending position) at a specified
time of day.
You can define a specific time (in GMT) at
which the EA will place automatically for a
pending order. This can be any type of orders
including a straddle, a buy stop, a sell stop, a
buy limit and a sell limit. This order is placed
at a predefined by you distance in pips from
market price at the time of entry.

Trade Basket options 3 Basket options available to shut down ALL
trades when profit or loss reaches a predefined
level allowing to close all trades at + or
a) xx total number of pips gain or loss
b) xx total dollar amount gain or loss
c)
xx percentage based on account's balance

Immediate order entry You can use predefined keyboard shortcut
keys to trigger any kind of order. Shortcuts are
visible on screen.

Order Entry based on custom
horizontal lines or on custom Trend
lines.
Using just a 1 click keyboard combination, you
can use your own custom horizontal or trend
lines to place an order at any time you see fit.
Orders can also include a straddle or any type
of stop or limit order.

On screen upcoming news info You can have a visual reminder of upcoming
news events along with the expected impact /
volatility
Page 35 of 37

MSN like alerts and email
notifications
Displays all EA major actions in a nifty alert
box and sends an email informing you of these
actions if you are not on your computer.

On screen Pivot display
You can have neat and clear daily pivot display
on the chart

On screen Pivot proximity
warnings
You can have warnings on screen when price
comes close to a pivot (daily and weekly)

On screen trade history display
You can have all your trades clearly shown on
screen with entry and exit levels and the profit
or loss realized on each trade

On screen enhanced
informations
A multitude of valuable on screen display from
market times, currency ranges, account and
currency P&L etc

Full Support and life time new
updates
Only the PRO version will continue to evolve
and all traders registered under this version
will receive full support and all new upcoming
versions free of charge as long as they remain
subscribers. Furthermore, requests from the
traders who would need adjustments or new
features are evaluated and could be coded in
next version, either free of charge or with a
nominal fee depending on what is needed and
if this addition can be valuable to all the users.
Page 36 of 37
=--- ADDENDUM 2 ---=
The handling your Pending Orders (entered through the 1 click shortcuts) and any Stop
Loss and Take Profit using your mouse. This is a very nifty feature which allows you to
move the SL and the TP levels of each trade directly on the chart using simply your
mouse.
By moving for example the SL line on the chart, the EA automatically modifies your stop
loss directly in the order (you will see it change in the Terminal window) so it matches
exactly the current level of the SL line where you leave it on the chart.
This feature gives you the total liberty to evaluate yourself where exactly you wish the
stop to be placed and most important, it changes the order automatically without any
other time consuming moves from your side.
Here is how it works.
As soon as the parameter named Handle.All.Stops.Manually is set to True, 2 new lines
will be automatically drawn on the chart, 1 line for current SL and 1 line for current TP.
After double clicking on the lines to select them (you will see a small dot at both ends
of the line), you will then be able to move them at will, up and down on your chart.
You will see that the EA automatically modifies the related order according to the line
you move (SL or TP) and the level you just leave the line put will be the new orders
value for the SL or TP accordingly. Simple isnt it?
Pictures below are self explanatory.
Page 37 of 37
=--- ADDENDUM 2 ---=