Peace Of Mind MT4 (Latest version) - Unlimited

🔢 Peace Of Mind MT4 – Complete Settings Guide

Peace Of Mind MT4 is an automated trade copier Expert Advisor designed for MetaTrader 4. It provides configurable trade-copying functionality, flexible lot calculation, fixed lot sizing, delayed trade copying, and customizable Stop Loss options. The EA also includes connection settings that allow traders to configure communication with its designated server.

Its input parameters offer control over copied trade volumes, execution tolerance, trade identification, and connection reliability. Understanding these settings is essential for configuring Peace Of Mind MT4 correctly and ensuring that copied trades follow the intended money management rules.

Peace Of Mind MT4 Settings Panel

⚙️ Trade Copier Activation Settings

🔹 activate_copier_after_x = 0: Sets the activation threshold for the trade copier to 0. This parameter determines when the copier becomes active according to its internal activation logic. The exact meaning of the threshold depends on the EA implementation.

⚙️ Lot Size and Money Management Settings

🔹 S1 = recalculate Lot by this koeficient: This is an explanatory section label indicating that the following LotKoef parameter recalculates the copied trading volume using a multiplication coefficient.

🔹 LotKoef = 1.0: Sets the lot calculation coefficient to 1.0. This means the copied lot size is multiplied by 1.0, maintaining the calculated volume without additional scaling.

🔹 S2 = if set, force Lot to this value: This section label explains that the ForceLot parameter can override the calculated lot size with a predefined fixed volume.

🔹 ForceLot = 0.0: Sets the forced lot size to 0.0. This indicates that no positive fixed lot override is configured, allowing the EA to use its regular lot calculation instead.

🔹 S3 = is set, use this amount for every 0.01 Lot if higher than calculated above: This explanatory label describes the MicroLotBalance setting, which specifies an account-balance-related amount for each 0.01 lot when the configured condition is met.

🔹 MicroLotBalance = 0.0: Sets the micro lot balance parameter to 0.0. No positive amount is configured for this additional lot-sizing condition, so the corresponding calculation is not activated by a positive value.

⚙️ Trade Execution and Copying Settings

🔹 delay = 10000: Sets the trade-copying delay parameter to 10000. This controls the configured delay in the copier’s execution process. The exact time unit, such as milliseconds, should be confirmed from the EA documentation.

🔹 PipsTolerance = 500.0: Sets the permitted price difference tolerance to 500.0 pips. This parameter defines the acceptable price deviation when processing copied trades, according to the EA’s internal execution logic.

🔹 Recopy = false: Disables the recopy function. This setting prevents the corresponding recopy mechanism from being activated, helping control repeated copying of previously processed trades.

🔹 magic = 786: Assigns the Magic Number 786 to the EA’s trading operations. This identifier helps MetaTrader 4 distinguish copied positions from trades managed by other Expert Advisors.

🔹 Prefix = (Empty): Leaves the trade comment prefix empty. No additional prefix is added through this parameter when identifying copied trades or processing their associated comments.

🔹 Suffix = (Empty): Leaves the trade comment suffix empty. No additional suffix is configured for copied trade identification.

🔹 CopyDelayedTrades = false: Disables delayed trade copying. The EA will not activate its specific delayed-trade copying functionality while this option remains false.

⚙️ Stop Loss Settings

🔹 StopLoss_Des = 0 mean no stop loss: Sets the Stop Loss distance or description parameter to 0. According to the input description, a value of 0 means no Stop Loss is applied through this setting.

🔹 StopLoss_usd = 0.0: Sets the monetary Stop Loss parameter to 0.0 USD. No positive monetary Stop Loss amount is configured, so this parameter does not establish an additional USD-based loss limit.

⚙️ Server Connection Settings

🔹 Server_Address = tsrv.rshforex.com: Specifies the server address as tsrv.rshforex.com. This is the configured server endpoint used by Peace Of Mind MT4 for its trade-copying communication.

🔹 Connection_Timeout_Seconds = 20: Sets the connection timeout to 20 seconds. This defines how long the EA waits for a server connection attempt before considering it timed out.

🔹 Connection_Retries = 9999: Sets the maximum connection retry parameter to 9999. This provides a high retry allowance, allowing the EA to repeatedly attempt reconnection when communication with the configured server is interrupted.

🔢 Conclusion

Peace Of Mind MT4 offers a configurable trade-copying system with flexible lot management, execution controls, Stop Loss options, and server communication settings.

The current configuration uses LotKoef = 1.0, ForceLot = 0.0, and MicroLotBalance = 0.0, meaning no additional fixed lot override or positive micro-balance adjustment is configured. Trade recopying and delayed trade copying are both disabled, while the Magic Number is set to 786.

For server communication, the EA uses tsrv.rshforex.com, with a 20-second connection timeout and 9999 connection retries. Traders should pay particular attention to the PipsTolerance = 500.0 setting, the delay = 10000 parameter, and the Stop Loss configuration before using the copier on a live trading account.

Since both StopLoss_Des and StopLoss_usd are configured without a positive Stop Loss value, traders should ensure that appropriate risk protection is available through the source EA, copied trade settings, or their own account management rules.