Bober Real MT5 + SetFiles (Latest version) - Unlimited

Bober Real MT5 Settings Guide

Bober Real MT5 is a fully automated Forex Expert Advisor designed for systematic trading with configurable entry tools, volatility filters, position sizing, Stop Loss/Take Profit management, dynamic Take Profit, time controls, and an integrated economic-calendar filter.

The configuration shown in your screenshot is particularly focused on RSI-based entries, ATR filtering, percentage-based risk, dynamic Take Profit, a defined trading session, and a built-in calendar/news filter. Below is a complete explanation of every visible input and value.

Bober Real MT5 Settings Panel

Bober Real MT5 Input Settings

Core Trading Settings

🔹 type_order = ORDER_FILLING_FOK — Sets the order filling method to ORDER_FILLING_FOK (Fill or Kill), requiring the requested order volume to be filled according to the broker’s supported execution rules.

🔹 ReverseTrade = false — Keeps the EA’s normal trade direction active and does not reverse generated Buy or Sell signals.

🔹 ToolEnter = RSI — Selects RSI as the active entry tool used by the EA for its trading-entry conditions.

🔹 RSI304 = 10 — Sets the RSI-related period parameter to 10, determining the RSI calculation period used by the selected entry tool.

🔹 NoRSIbars = 2 — Sets the RSI bar-related parameter to 2, controlling the number of bars considered by the EA in its RSI entry logic.

🔹 MagicNumber = 44444 — Assigns 44444 as the EA’s unique Magic Number, allowing its trades to be identified separately from other automated or manual positions.

🔹 ATRperiod2 = 5 — Sets the second ATR calculation period to 5, controlling the volatility measurement used by the EA’s ATR filter.

🔹 ATR_to = 61.0 — Sets the upper ATR filter value to 61.0, defining the displayed upper boundary for the ATR-based trading condition.

🔹 indicatorTF = 2 Minutes — Sets the indicator calculation timeframe to 2 Minutes, meaning the configured technical indicators are evaluated using the 2-minute timeframe.

Lot and Risk Management

🔹 Inp_Lot = Percent — Selects Percent as the active lot-sizing method, meaning the EA uses percentage-based position sizing rather than relying exclusively on the Fixed lots value.

🔹 RiskPercent = 10.0 — Sets the configured risk percentage parameter to 10.0, which is used by the EA’s percentage-based money-management calculation.

🔹 Fixed lots = 0.1 — Sets the alternative fixed position size to 0.1 lots when a fixed-lot calculation mode is selected.

Stop Loss and Take Profit

🔹 StopLoss = 200 — Sets the standard Stop Loss parameter to 200, with the exact monetary/price-point interpretation determined by the EA and symbol’s trading specifications.

🔹 TakeProfit = 200 — Sets the standard Take Profit parameter to 200, establishing the configured fixed profit-target distance.

🔹 VirtStopLoss = 90 — Sets the Virtual Stop Loss parameter to 90, providing the EA with a separate virtual loss-management distance.

🔹 VirtTakeProfit = 13 — Sets the Virtual Take Profit parameter to 13, defining the configured virtual profit-target value.

🔹 Slippage = 3 — Sets the permitted slippage parameter to 3, controlling the acceptable execution-price deviation according to the EA’s internal implementation.

🔹 MaxSpread = 3.0 — Limits the configured maximum spread to 3.0, helping prevent new trades when the available spread exceeds the specified threshold.

Order Management

🔹 Distance = 1 — Sets the order-distance parameter to 1, controlling the minimum configured spacing used by the EA’s order-management logic.

🔹 Maxorders = 3 — Limits the first order group or trading sequence to a maximum of 3 orders according to the EA’s internal order-management rules.

🔹 Maxorders2 = 6 — Sets the second maximum-order parameter to 6, providing an additional order limit for the EA’s internal trade-management logic.

🔹 Smartlot = false — Disables the Smart Lot function, so the EA does not use its Smart Lot mechanism under this configuration.

🔹 NarrowSpreadclosing = false — Disables Narrow Spread Closing, meaning the EA’s special narrow-spread closing function is not active.

Dynamic Take Profit

🔹 UseDynamicTP = true — Enables the Dynamic Take Profit function, allowing the EA to use its adaptive Take Profit logic instead of relying exclusively on a static target.

🔹 ChannelBars = 200 — Sets the channel calculation lookback to 200 bars, providing the number of bars used for the channel-based Dynamic TP calculation.

The official Bober Real MT5 documentation describes Dynamic TP as an optional feature that adapts Take Profit using channel highs and lows.

Time Settings

🔹 Servertimefilter = true — Enables the server-time trading filter, allowing the EA to restrict trading according to the configured broker/server time window.

🔹 Start/Stop corrected by TimeDaylightCorrections() = true — Enables automatic correction of the Start/Stop schedule through the EA’s TimeDaylightCorrections() function.

🔹 StartHour = 23 — Sets the trading-session start hour to 23.

🔹 StartMinute = 0 — Sets the trading-session start minute to 0, creating a configured start time of 23:00.

🔹 StopHour = 0 — Sets the trading-session stop hour to 0.

🔹 StopMinute = 50 — Sets the trading-session stop minute to 50, creating a configured stop time of 00:50.

🔹 Trading Session = 23:00–00:50 — With the server-time filter enabled, the displayed settings define an overnight trading window from 23:00 through 00:50.

The official product parameters identify the StartHour, StartMinute, StopHour, and StopMinute inputs as the EA’s daily trading-window controls.

Calendar and News Filter

🔹 if true, skip today’s session when GBP/USD news hits trading window = false — Disables the option to automatically skip the entire day’s trading session when GBP/USD news occurs during the configured trading window.

🔹 detailed logs for calendar load/filter & today checks = false — Disables detailed diagnostic logging for the economic-calendar loading, filtering, and daily-news checks.

🔹 start window for earlier by N hours (e.g., 3 -> StartHour-3h) = 1 — Sets the earlier news-filter window adjustment to 1 hour, allowing the calendar filter to begin checking from the configured session start minus 1 hour.

🔹 block only if >= this impact = CALENDAR_IMPORTANCE_LOW — Sets the minimum economic-calendar importance level to CALENDAR_IMPORTANCE_LOW, meaning events at or above the configured Low importance threshold can be considered by the news filter.

The official Bober Real MT5 description confirms that the EA includes an automated built-in news-calendar filter for avoiding significant economic events.

Status Panel Settings

🔹 ShowStatusPanel = true — Enables the on-chart Status Panel so the EA’s current status and information can be displayed on the trading chart.

🔹 PanelCorner = Left upper chart corner — Positions the Status Panel in the upper-left corner of the chart.

🔹 PanelX = 10 — Sets the horizontal panel offset to 10 pixels/points according to the EA’s panel positioning system.

🔹 PanelY = 15 — Sets the vertical panel offset to 15 pixels/points according to the EA’s panel positioning system.

🔹 PanelFontSize = 10 — Sets the Status Panel font size to 10.

🔹 PanelColorOK = Lime — Uses Lime as the display color for normal/OK status information.

🔹 PanelColorBlock = Tomato — Uses Tomato as the display color for blocked or restricted status information.

🔹 PanelColorNeutral = Silver — Uses Silver as the display color for neutral status information.

🔹 PanelBg = Black — Sets the Status Panel background color to Black.

Testing Setting

🔹 TesterMoneyWithdraw = false — Disables the Tester Money Withdraw function, so simulated withdrawals are not enabled under this configuration.

Key Features of This Bober Real MT5 Configuration

🔹 RSI Entry System — ToolEnter = RSI with RSI304 = 10 and NoRSIbars = 2 configures the displayed RSI entry parameters.

🔹 ATR Volatility Filter — ATRperiod2 = 5 and ATR_to = 61.0 define the visible ATR filtering parameters.

🔹 Percentage Risk Mode — Inp_Lot = Percent with RiskPercent = 10.0 activates percentage-based position sizing.

🔹 Defined Trade Protection — StopLoss = 200, TakeProfit = 200, VirtStopLoss = 90, and VirtTakeProfit = 13 provide multiple configured trade-management levels.

🔹 Dynamic Take Profit — UseDynamicTP = true enables adaptive Take Profit, while ChannelBars = 200 defines its channel lookback.

🔹 Spread Control — MaxSpread = 3.0 helps restrict trading when the available spread exceeds the configured threshold.

🔹 Overnight Trading Window — The server-time filter is enabled with a configured session from 23:00 to 00:50.

🔹 Economic Calendar Filter — The configuration includes a GBP/USD news-session option, calendar diagnostics, a 1-hour pre-window adjustment, and CALENDAR_IMPORTANCE_LOW as the impact threshold.

🔹 On-Chart Status Panel — ShowStatusPanel = true displays the panel in the upper-left corner with PanelX = 10, PanelY = 15, and PanelFontSize = 10.

Conclusion

The displayed Bober Real MT5 configuration combines RSI entry logic, ATR filtering, percentage-based money management, static and virtual SL/TP parameters, Dynamic Take Profit, spread protection, time filtering, and an economic-calendar module.

The active configuration uses ToolEnter = RSI, RSI304 = 10, NoRSIbars = 2, ATRperiod2 = 5, and ATR_to = 61.0. Position sizing is set to Percent with RiskPercent = 10.0, while the alternative Fixed lots = 0.1 remains available.

For trade management, the displayed values are StopLoss = 200, TakeProfit = 200, VirtStopLoss = 90, VirtTakeProfit = 13, Slippage = 3, MaxSpread = 3.0, Distance = 1, Maxorders = 3, and Maxorders2 = 6.

The configuration also enables Dynamic TP with ChannelBars = 200, while the trading schedule is controlled by Servertimefilter = true for the 23:00–00:50 session. The calendar module uses a 1-hour earlier checking window and CALENDAR_IMPORTANCE_LOW as its displayed impact threshold.

According to the official product page, Bober Real MT5 is designed as a fully automated Forex EA and includes RSI/ATR entry parameters, Dynamic TP, time filtering, and news-calendar filtering. The developer also notes that results can depend significantly on using appropriate settings, so the values shown here should be tested against the intended symbol, broker, spread, and account conditions before live deployment.