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Archangel X MT5 Settings Review & Full Analysis

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Archangel X MT5 Settings Review & Full Analysis 5
Archangel X MT5 Settings Review & Full Analysis 6

🔹 GENERAL TRADE SETTINGS

ParameterValueMeaning & Trading Impact
Allow New SequencetrueEnables the EA to start a new trading cycle after the previous one completes, allowing continuous operation
Strategy DescriptionOptional comment field to describe the trading logic used
Trade CommentCustom label shown in MT5 trade history for identification
Magic Number26062023Unique ID to separate Archangel X trades from other EAs or manual trades
Use Random Entry DelayfalseDisables random delays, ensuring precise and deterministic trade execution

🔹 SEQUENCE SETTINGS (GRID & ENTRY LOGIC)

ParameterValueMeaning & Trading Impact
ATR Period14Defines market volatility measurement for dynamic grid spacing
Pip Step15.0Initial distance (in pips) between grid orders
Pip Step Exponent1.5Expands grid distance exponentially, reducing risk during strong trends
Max Pip Step0.0No limit on grid expansion, allowing full volatility adaptation
Delay Trade Sequence3Delays grid continuation after initial entry to avoid noise
Live Delay0No live execution delay
Lot Multiplier after LD1.0Prevents lot escalation after delay, maintaining stable exposure
Combine Live Delay TradestrueMerges delayed entries into a single logical sequence
Trade DirectionLong & ShortAllows bidirectional trading based on market conditions
Max Orders (Per Direction)10Caps grid depth, protecting account from overexposure
Reverse Sequence DirectionfalsePrevents grid reversal, maintaining directional consistency

🔹 MONEY MANAGEMENT SETTINGS

ParameterValueMeaning & Trading Impact
Take Profit (Pips)50Fixed basket-level profit target
Stop Loss (Pips)0Disabled, relying on grid logic and equity control
Lock Profit Min Trades0Lock profit applies regardless of trade count
Lock Profit (Pips)30Secures floating profit once threshold is reached
Lock Profit CheckOn Bar CloseReduces false triggers from price spikes
Trailing Stop (Pips)10Protects profits dynamically as price moves
Trailing Stop CheckOn Bar CloseEnhances execution stability
Allow Same Pair & Direction TradesfalsePrevents overlapping sequences for risk control

🔹 COMPOUND SETTINGS

ParameterValueMeaning & Trading Impact
Use CompoundingfalseKeeps lot size fixed, avoiding balance-based risk escalation
Initial Balance Threshold10000Reference balance for compound logic (inactive here)

🔹 LOT SIZE SETTINGS

ParameterValueMeaning & Trading Impact
Lot Size0.1Conservative base lot suitable for medium accounts
Risk %0Risk-based sizing disabled (requires SL)
Lot Size Exponent1.2Mild scaling to balance recovery and drawdown
Max Lot Size1.0Hard cap to prevent runaway lot growth

🔹 WEEKEND CLOSURE SETTINGS

ParameterValueMeaning & Trading Impact
Close for WeekendfalseAllows positions to remain open over weekends
Day to Close (Friday)FridayOptional closing day
Time to Close (Friday)21:00Time-based closure option
Day to Open (Monday)MondayMarket re-entry day
Time to Open (Monday)01:00Market re-entry time

🔹 TRADING SESSION SETTINGS

ParameterValueMeaning & Trading Impact
Trade Custom TimesOffEA trades continuously without session restriction
Trading Session (Mon–Fri)00:00–23:59Full-day trading enabled
Action at Session EndComplete SequenceAvoids forced closure, safer for grid logic

🔹 EQUITY PROTECTOR SETTINGS

ParameterValueMeaning & Trading Impact
Max Running Loss ($)0Disabled equity drawdown cap
Restart EA After LossRestart Next DayCooling-off period after drawdown
Restart Next Day At01:00Time EA resumes operation
Restart After Hours3Delay before restarting EA
Daily Profit Target0No daily cap
Ultimate Balance Target0No absolute equity target
Global Equity Stop TypeAbsolute EquityEquity-based protection logic
Global Equity Stop0Disabled
Min Seconds Between Trades0No execution throttling

🔹 INDICATOR & FILTER SETTINGS

IndicatorStatusMeaning
RSIDisabledNo momentum filtering
EMADisabledNo trend confirmation
ADXDisabledNo trend strength filter
Bollinger BandsDisabledNo volatility extremes filter

➡️ Conclusion: Archangel X MT5 relies on pure price action and sequence logic, reducing indicator lag.


🔹 NEWS FILTER SETTINGS

ParameterValueMeaning & Trading Impact
Use High Impact News FiltertrueAvoids trading during major economic events
News Trades ActionComplete SequenceSafely finishes active grids
Close Trades Before News60 minReduces exposure before volatility
Pause EA After News60 minPrevents post-news whipsaw trades

✅ Final Summary

Archangel X MT5 is a professional-grade grid Expert Advisor built around ATR volatility logic, strict order limits, conservative lot scaling, and robust news protection.
Its indicator-free design ensures fast execution, low latency, and adaptability, making it ideal for traders seeking stable long-term performance with controlled drawdown.

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