🔢 BTC AutoTrader EA MT5 Settings Guide
BTC AutoTrader EA is a professional automated trading Expert Advisor developed for Bitcoin (BTC) trading on the MetaTrader 5 platform. The EA features an advanced economic news filter, intelligent breakout confirmation engine, dynamic trailing stop, configurable risk management, pending order automation, GMT synchronization and comprehensive dashboard controls.
These settings allow traders to optimize performance while maintaining strict risk management in both live trading and backtesting environments.
🔢 BTC AutoTrader EA MT5 Settings Explained
🔶 EA Identification
🔹 MagicNumber (personalizza come vuoi) = 2025 – Assigns the unique Magic Number 2025 to identify all trades opened by BTC AutoTrader EA MT5.
🔶 Safety on EA Removal
🔹 Cancel pending orders when EA removed / chart closed = true – Automatically deletes all pending orders when the EA is removed or the trading chart is closed.
🔶 GMT Settings
🔹 Use Custom GMT Offset = false – Uses the broker's GMT time instead of a manually configured GMT offset.
🔹 Custom GMT Offset (hours) = 0 – Sets the manual GMT offset to 0 hours if the custom GMT option is enabled.
🔹 GMT Update Interval (seconds) = 30 – Refreshes GMT synchronization every 30 seconds.
🔹 Show Detailed GMT Info = true – Displays detailed GMT information on the trading dashboard.
🔶 Backtest – News from CSV File
🔹 [Backtest] Use CSV file for news (auto-active in Tester) = true – Loads economic news from a CSV file during Strategy Tester backtests.
🔹 [Backtest] CSV file name (saved in MT5 CommonFiles) = btc_news_history.csv – Uses btc_news_history.csv as the news database file.
🔹 [Backtest] Force CSV mode in LIVE (only for debug) = false – Disables CSV news mode during live trading.
🔶 CSV Builder
🔹 [BUILD] Start date for export = 2023.01.01 00:00:00 – Begins exporting historical news from January 1, 2023.
🔹 [BUILD] End date for export = 2026.12.31 00:00:00 – Ends news export on December 31, 2026.
🔹 [BUILD] Include HIGH impact news = true – Includes High-impact news events in the generated CSV.
🔹 [BUILD] Include MEDIUM impact news = true – Includes Medium-impact news events.
🔹 [BUILD] Build CSV when EA starts. Set TRUE once, then back to FALSE = false – Prevents rebuilding the CSV every time the EA starts.
🔶 News Filter Settings
🔹 Enable News Filter = true – Activates the built-in economic news protection.
🔹 News Importance (3=High, 2=Medium, 1=Low) = 3 – Filters only High-impact economic news.
🔹 Minutes Before News = 5 – Stops trading 5 minutes before scheduled news.
🔹 Minutes After News = 5 – Resumes trading 5 minutes after news.
🔹 FOMC Minutes After = 45 – Waits 45 minutes after FOMC events before trading again.
🔹 Check News Interval (seconds) = 300 – Refreshes news information every 300 seconds.
🔹 Maximum number of news events to track = 2 – Monitors a maximum of 2 upcoming news events.
🔶 News Debug Settings
🔹 Enable News Debug Logging = false – Disables detailed news debugging logs.
🔶 Backtest – CSV News Timezone (DST)
🔹 [Backtest] Auto-align CSV news time to broker server (DST) = true – Automatically synchronizes CSV news time with broker server time.
🔹 [Backtest] CSV timezone GMT of the file (0 = UTC) = 0 – Uses UTC (GMT 0) for the CSV file.
🔹 [Backtest] Broker server GMT in winter = 2 – Uses GMT+2 during winter.
🔹 [Backtest] Broker server GMT in summer = 3 – Uses GMT+3 during summer.
🔹 [Backtest] DST rule: 0=none, 1=US, 2=EU = 1 – Applies US Daylight Saving Time rules.
🔶 Risk Management
🔹 Risk Percentage = 5.0 – Risks 5.0% of account equity per trading cycle.
🔹 Stop Loss in percentage = 0.25 – Sets Stop Loss at 0.25%.
🔹 Take Profit in percentage = 15.0 – Sets Take Profit at 15.0%.
🔶 Lot Sizing
🔹 Use Fixed Lot = false – Uses dynamic lot sizing instead of a fixed lot.
🔹 Fixed Lot Size = 0.01 – Uses 0.01 lots when Fixed Lot mode is enabled.
🔶 Spread Control
🔹 Maximum Allowed Spread = 3000 – Prevents new entries when spread exceeds 3000 points.
🔹 Dashboard Update Interval (seconds) = 2 – Updates dashboard information every 2 seconds.
🔶 Visualization Settings
🔹 Show Support/Resistance Levels on chart = false – Hides Support and Resistance levels.
🔹 Show Buffer Levels on Chart = false – Hides buffer levels from the chart.
🔹 Update visuals every X ticks = 5 – Refreshes visual objects every 5 ticks.
🔹 Number of S/R levels to show = 1 – Displays 1 Support/Resistance level.
🔶 Trailing Stop Settings
🔹 Enable Trailing Stop = true – Enables automatic Trailing Stop management.
🔹 Trailing Start Level (percentage) = 0.06 – Starts trailing once profit reaches 0.06%.
🔹 Trailing Stop Level (percentage) = 0.04 – Maintains a trailing distance of 0.04%.
🔹 Trailing Step (percentage) = 0.02 – Moves the Stop Loss in 0.02% increments.
🔶 Pending Orders Settings
🔹 Pending Orders Expiration (hours) = 1 – Pending orders automatically expire after 1 hour.
🔹 OrderComment = BTC AutoTrader Order – Adds BTC AutoTrader Order as the trade comment.
🔶 Trading Hours Settings
🔹 Close pending orders outside trading hours = true – Deletes pending orders outside the configured trading session.
🔶 Anti-Fakeout Engine (V5.8)
🔹 Enable anti-fakeout engine (ON by default since V5.8) = true – Activates advanced breakout validation.
🔹 Bars for baseline volume (S/R timeframe) = 20 – Uses 20 bars as the baseline volume reference.
🔹 Vol signal: breakout vol must be >= mult x baseline = 1.2 – Requires breakout volume to be at least 1.2× the baseline.
🔹 Hold signal: min close position in bar range (0 = off) = 0.5 – Requires candle close to exceed 50% of its range.
🔹 Reject signal: max rejection wick/range (>1 = off) = 0.55 – Rejects candles with rejection wicks larger than 55%.
🔹 Body signal: breakout bar must close in breakout direction = true – Requires breakout candles to close in the breakout direction.
🔹 Close when >= this many signals flag a fakeout (1..4) = 2 – Closes trades when 2 fakeout conditions are detected.
🔶 Weekend Closure Settings
🔹 Enable Weekend Closure (V5.9: default OFF, BTC trades 24/7) = false – Keeps weekend trading enabled.
🔹 Hour to Close on Friday (Server Time) = 20 – Friday closing hour is 20:00.
🔹 Hour to Resume on Sunday (Server Time) = 23 – Sunday trading resumes at 23:00.
🔹 Close All Positions on Weekend = true – Closes all positions before the weekend.
🔹 Cancel Pending Orders on Weekend = true – Removes all pending orders before the weekend.
🔶 Trading Session
🔹 Trading Start Time (HH:MM) = 00:30 – Trading begins at 00:30.
🔹 Trading End Time (HH:MM) = 23:59 – Trading continues until 23:59.
🔶 Session Close Buffer
🔹 Stop new straddles + clear stale pendings N min before close = 10 – Stops creating new straddle orders and clears pending orders 10 minutes before market close.
🔶 Dashboard Control
🔹 Show/Hide Dashboard Panel = true – Displays the EA dashboard.
🔹 Dashboard X Position (default) = 10 – Places the dashboard at horizontal position 10.
🔹 Dashboard Y Position (default) = 30 – Places the dashboard at vertical position 30.
🔶 Dashboard Sections
🔹 Show Orders Info Section = true – Displays current order information.
🔹 Show Weekend Status Section = true – Displays weekend trading status.
🔹 Show Trading Hours Section = true – Shows active trading session times.
🔹 Show Trading Info Section = true – Displays trading statistics.
🔹 Show Support/Resistance Section = false – Hides Support and Resistance information.
🔹 Show Buffer Offset Section = false – Hides buffer offset details.
🔹 Show GMT Info Section = true – Displays GMT synchronization status.
🔹 Show News Status Section = true – Displays real-time news filter status.
🔢 Conclusion
BTC AutoTrader EA MT5 offers a comprehensive trading framework designed for automated Bitcoin trading. With configurable risk management, dynamic trailing stops, advanced news filtering, anti-fakeout breakout validation, pending order management, GMT synchronization, and customizable dashboard controls, the EA provides traders with the flexibility to optimize both live trading and backtesting while maintaining disciplined risk control.
🔢 FAQs
❓ What is the purpose of the News Filter in BTC AutoTrader EA MT5?
The News Filter automatically pauses trading around high-impact economic events to reduce unnecessary trading risk.
❓ Can I use a fixed lot size instead of dynamic risk management?
Yes. Enable Use Fixed Lot and specify your preferred Fixed Lot Size.
❓ How does the Anti-Fakeout Engine work?
It validates breakout trades using volume, candle body, wick rejection, and multiple confirmation signals to reduce false breakouts.
❓ Does BTC AutoTrader EA MT5 support trailing stops?
Yes. The EA includes an automatic percentage-based Trailing Stop with configurable activation, distance, and step settings.
❓ Can I customize the trading hours?
Yes. You can define the Trading Start Time, Trading End Time, weekend behavior, and pending order management to match your preferred trading schedule.
