🔢 Indices Pulse EA MT5 – Complete Settings Guide and Parameter Explanation
Indices Pulse EA is an automated trading system designed for index markets, combining configurable entry algorithms, advanced risk management, trailing stop functionality, daily profit/loss controls, session-based trading filters and optional news protection.
The EA allows traders to customize entry logic, position sizing, stop-loss placement, and trading schedules to create a structured and disciplined trading environment.
🔢 Indices Pulse EA MT5 Parameters Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Core Settings
🔹 EA Magic Number = 109091 – Unique identifier used by the EA to manage and distinguish its trades from other EAs.
🔹 Slippage in points = 5 – Maximum allowed execution slippage is 5 points.
🔹 Max Spread in points (0 to disable) = 125 – Prevents new trades when the spread exceeds 125 points.
🔶 Trade Entry System
🔹 Chart Time Frame for Logic = 30 Minutes – Uses the M30 timeframe for signal generation and market analysis.
🔹 Entry System Type = Entry based on A – Activates Entry Mode A as the primary trade entry algorithm.
🔹 Value (for Entry Mode A) = 2 – Main parameter value used by Entry Mode A.
🔹 Value 1 (for Entry Mode B) = 11 – First configurable parameter for Entry Mode B.
🔹 Value 2 (for Entry Mode B) = 16 – Second configurable parameter for Entry Mode B.
🔹 Value (for Entry Mode C) = 7 – First parameter used in Entry Mode C calculations.
🔹 Value (for Entry Mode C) = 74 – Second parameter used in Entry Mode C calculations.
🔹 Value (for Entry Mode C) = 27 – Third parameter used in Entry Mode C calculations.
🔶 Trade Management
🔹 Close & Reverse on opposite signal = true – Closes existing positions and opens new trades in the opposite direction when a reverse signal appears.
🔹 Initial Stop Loss Mode = SR/R – Uses a support/resistance-based stop-loss calculation model.
🔹 Value of SR/R = 15 – Defines the support/resistance reference value used for stop-loss calculations.
🔹 Buffer points to add to SL = 300 – Adds a 300-point safety buffer to the calculated stop-loss level.
🔹 Risk to Reward Ratio for Take Profit = 2.0 – Sets a 1:2 risk-to-reward ratio for profit targets.
🔶 Trailing Stop Settings
🔹 Enable Trailing Stop = true – Activates dynamic trailing stop management.
🔹 Trailing Mode = Trail by points – Uses point-based trailing stop logic.
🔹 Profit to start trailing (in points) = 3000 – Trailing begins after the trade reaches 3000 points in profit.
🔹 Trailing distance (in points) = 500 – Maintains a 500-point trailing distance behind price.
🔹 Profit to start trailing (in currency) = 30.0 – Currency-based trailing activates after $30.0 profit.
🔹 Trailing distance (in currency) = 5.0 – Uses a $5.0 trailing gap when currency trailing mode is active.
🔶 Risk & Money Management
🔹 Lot Sizing Mode = Fixed Lot Size – Uses a fixed lot size instead of percentage-based risk management.
🔹 Fixed Lot Size (if mode is Fixed) = 1.0 – Opens trades using a fixed volume of 1.0 lot.
🔹 Risk Percentage (if mode is % Risk) = 1.0 – Risks 1.0% per trade when percentage-risk mode is selected.
🔶 Daily Profit & Loss Limits
🔹 Enable Daily Profit/Loss Limit = true – Enables daily account protection controls.
🔹 Calculate Daily P/L on whole account = true – Monitors profit and loss across the entire trading account.
🔹 Daily Profit Target (in currency) = 1000.0 – Stops trading after reaching $1000.0 profit for the day.
🔹 Daily Loss Mode = Fixed currency amount – Uses a currency-based daily loss limit.
🔹 Daily Loss Limit (in currency) = 500.0 – Stops trading after losing $500.0 in a day.
🔹 Daily Loss Limit (in %) = 4.0 – Alternative percentage-based daily loss threshold of 4.0%.
🔶 Trading Sessions
🔹 Enable Trading Sessions = true – Restricts trading to predefined trading hours.
🔹 Monday Session (HH:MM-HH:MM) = 09:30-23:00 – Trading allowed Monday between 09:30 and 23:00.
🔹 Tuesday Session = 09:30-23:00 – Trading allowed Tuesday between 09:30 and 23:00.
🔹 Wednesday Session = 09:30-23:00 – Trading allowed Wednesday between 09:30 and 23:00.
🔹 Thursday Session = 09:30-23:00 – Trading allowed Thursday between 09:30 and 23:00.
🔹 Friday Session = 09:30-23:00 – Trading allowed Friday between 09:30 and 23:00.
🔹 Saturday Session (Closed) = 00:00-00:00 – Trading disabled on Saturday.
🔹 Sunday Session (Closed) = 00:00-00:00 – Trading disabled on Sunday.
🔹 Close trades at session end = true – Automatically closes positions when the trading session ends.
🔹 Close trades at Friday session end = true – Closes all open trades before the weekend.
🔹 Close trades X minutes BEFORE session end = 5 – Positions are closed 5 minutes before session closure.
🔶 News Filter
🔹 Enable News Filter = false – Economic news filtering is currently disabled.
🔹 Currencies (comma-separated), empty for auto = USD – Monitors USD-related economic events when enabled.
🔹 Close trades before news = false – Does not automatically close positions before news events.
🔹 Stop trading X minutes BEFORE news = 10 – Would pause trading 10 minutes before news if enabled.
🔹 Stop trading X minutes AFTER news = 10 – Would resume trading 10 minutes after news if enabled.
🔹 News Calendar URL = https://www.forexfactory.com/calendar – Source used for economic news event monitoring.
🔢 Configuration Summary
🔹 Logic Timeframe: 30 Minutes (M30)
🔹 Magic Number: 109091
🔹 Maximum Spread: 125 points
🔹 Stop-Loss Mode: SR/R
🔹 SL Buffer: 300 points
🔹 Risk-to-Reward Ratio: 2.0
🔹 Trailing Start: 3000 points / $30.0
🔹 Trailing Distance: 500 points / $5.0
🔹 Fixed Lot Size: 1.0 lot
🔹 Daily Profit Target: $1000.0
🔹 Daily Loss Limit: $500.0 or 4.0%
🔹 Trading Hours: 09:30–23:00 Monday–Friday
🔹 News Filter: Disabled
🔢 Why These Settings Matter
🔹 The M30 timeframe helps reduce market noise and improve signal quality.
🔹 The Close & Reverse feature allows quick adaptation to changing market conditions.
🔹 The 2.0 risk-to-reward ratio seeks larger profits relative to risk.
🔹 The 300-point SL buffer helps avoid premature stop-outs caused by market volatility.
🔹 The daily profit and loss limits protect trading capital and enforce discipline.
🔹 The session controls ensure trading only occurs during active market hours.
🔹 The weekend close feature helps avoid gap risk between market sessions.
🔹 The spread filter prevents entries during unfavorable trading conditions.
🔢 Conclusion
Indices Pulse EA MT5 is a feature-rich automated trading system designed for disciplined index trading. With configurable entry modes, support/resistance-based stop-loss placement, dynamic trailing stops, strict daily risk controls, and session management tools, the EA provides a comprehensive framework for traders seeking structured and automated market participation. Understanding each setting allows users to optimize performance while maintaining strong risk management practices.
🔢 FAQs
❓ What timeframe does Indices Pulse EA MT5 use for trading signals?
The EA uses the 30 Minutes (M30) timeframe as its primary logic and signal-generation timeframe.
❓ What is the default risk-to-reward ratio?
The default Risk-to-Reward Ratio is 2.0, meaning the take-profit target is twice the stop-loss distance.
❓ How does the daily loss protection work?
The EA can stop trading after reaching either a $500.0 daily loss or a 4.0% drawdown limit, depending on configuration.
❓ Can the EA automatically reverse positions?
Yes. With Close & Reverse on opposite signal = true, the EA can close current trades and enter new trades in the opposite direction.
❓ Does Indices Pulse EA MT5 avoid weekend exposure?
Yes. The EA automatically closes positions at the end of Friday's session and does not trade on Saturday or Sunday.
