🔢 Vega Bot MT5 – Complete Settings & Parameters Guide
Vega Bot MT5 is an advanced automated trading Expert Advisor for MetaTrader 5 that combines trend-following logic, swing structure analysis, SuperTrend filtering, Moving Average confirmation, RSI filtering and optional AI-assisted trade validation.
The EA includes extensive money management controls, news event protection, trailing stop management, and multi-layer trend confirmation to help traders identify high-probability market opportunities while controlling risk.
🔢 Vega Bot MT5 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Common Settings
🔹 Trade comment = Vega_Bot — Comment attached to all trades opened by the EA.
🔹 Unique Magic Number = 20251111 — Unique identifier used to manage the EA's positions.
🔶 Time Filter (GMT+0)
🔹 Time EA Start (Hour) = 0 — Trading begins at 00:00 GMT.
🔹 Time EA Start (Minute) = 3 — Trading starts at minute 03.
🔹 Time EA Stop (Hour) = 21 — Trading stops at 21:00 GMT.
🔹 Time EA Stop (Minute) = 59 — Trading ends at minute 59.
🔹 Time Friday EA Stop (Hour) = 16 — Friday trading stops at 16:00 GMT.
🔹 Time Friday EA Stop (Minute) = 55 — Friday trading ends at 16:55 GMT.
🔶 AI Module Filter
🔹 Use AI Model Check Entry = false — AI entry validation is disabled.
🔹 Minimum score to place pending = 3.4 — Minimum AI score required to allow a pending order.
🔹 Cancel pending below this score = 2.5 — Pending orders are canceled if AI score falls below 2.5.
🔹 Timezone offset vs server (London = 0) = 0 — No offset between configured timezone and London time.
🔹 Use AI Model For Trading Stop = false — AI-based trade exit management is disabled.
🔶 Money Management
🔹 Position sizing method (Fixed Lot, Risk %, or Fixed Money) = Use a fixed trading volume — Fixed lot sizing mode is active.
🔹 Fixed lot size when using FIXED_VOL mode = 0.01 — Each trade opens with 0.01 lots.
🔹 Risk percentage per trade when using FIXED_RISK mode = 2.0 — Risk per trade would be 2.0% if Fixed Risk mode is selected.
🔹 Enable automatic lot scaling based on account balance = true — Lot sizes can scale automatically with account growth.
🔶 Entry Settings
🔹 Entry buffer distance from swing high/low in points = 50 — Orders are placed 50 points from detected swing levels.
🔹 Maximum number of trades allowed per trend cycle = 10 — Up to 10 trades can be opened within one trend cycle.
🔹 Trading Strategy = BOTH — Both long and short trading strategies are enabled.
🔹 Higher timeframe trend confirmation filter = SUPER_TREND — SuperTrend is used for trend confirmation.
🔹 Minimum distance between consecutive orders in points = 200 — Orders must be separated by at least 200 points.
🔹 Maximum number of simultaneous pending orders = 3 — Up to 3 pending orders may exist at once.
🔹 Allow multiple entries at the same swing level = false — Prevents duplicate entries on the same swing structure.
🔶 Stop Loss & Take Profit
🔹 Stop Loss calculation method = FIXED_PIP — Uses a fixed pip-based stop loss.
🔹 ATR period for ATR-based SL/TP calculation = 50 — ATR period used when ATR mode is enabled.
🔹 ATR multiplier for dynamic SL/TP = 1.0 — Multiplier applied to ATR-based stop calculations.
🔹 Fixed Stop Loss distance in points = 3000 — Stop loss is set at 3000 points.
🔹 Fixed Take Profit distance in points = 3000 — Take profit is set at 3000 points.
🔶 Trailing Stop
🔹 Trailing Stop method = TRAILING_FIXED_PIP — Uses fixed-pip trailing stop logic.
🔹 ATR period for ATR-based trailing stop = 50 — ATR period used if ATR trailing is selected.
🔹 ATR multiplier for trailing stop calculation = 0.25 — ATR multiplier for trailing calculations.
🔹 Trailing step distance in points = 3000 — Stop updates every 3000 points of movement.
🔹 Trailing stop distance from current price in points = 300 — Maintains a 300-point trailing distance.
🔹 Minimum profit in points before trailing starts = 330 — Trailing activates after 330 points profit.
🔶 SuperTrend Filter
🔹 Timeframe used for SuperTrend calculation = 1 Hour — SuperTrend calculations use the H1 timeframe.
🔹 SuperTrend indicator period = 10 — SuperTrend period setting is 10.
🔹 SuperTrend multiplier factor = 5.0 — Multiplier value used by SuperTrend.
🎯 Moving Average Filter
🔹 Timeframe used for Moving Average filter = 1 Hour — MA calculations use the H1 timeframe.
🔹 Fast Moving Average period = 21 — Fast MA uses period 21.
🔹 Slow Moving Average period = 200 — Slow MA uses period 200.
🎯 RSI Filter
🔹 Timeframe used for RSI calculation = 1 Hour — RSI is calculated on H1.
🔹 RSI period = 14 — RSI period length is 14.
🔹 RSI slow moving average period = 45 — Slow RSI MA uses period 45.
🔹 RSI fast moving average period = 9 — Fast RSI MA uses period 9.
🔶 High & Low Settings
🔹 Swing sensitivity factor for ZigZag / structure detection = 1.3 — Controls swing detection sensitivity.
🔹 Minimum retracement ratio to confirm a valid swing = 0.5 — Requires a 50% retracement for swing confirmation.
🔹 Maximum number of bars to confirm a swing point = 20 — Swing must be confirmed within 20 candles.
🔹 Minimum candle size factor for swing validation = 0.5 — Minimum candle strength required for swing confirmation.
🔹 Enable drawing swing structure on the chart = false — Swing structures are not displayed.
🔶 News Filter – General
🔹 Enable news filter = false — Economic news filtering is disabled.
🔹 Lock minutes BEFORE news = 15 — Trading pauses 15 minutes before news events.
🔹 Unlock minutes AFTER news = 15 — Trading resumes 15 minutes after events.
🔹 Look-ahead days for NEXT search = 1 — Searches news events one day ahead.
🎯 Actions During News
🔹 Close positions during lock window = true — Open positions are closed during news lock periods.
🔹 Delete pending orders during lock window = true — Pending orders are removed during lock periods.
🔹 Retry actions every N seconds (during lock) = 2 — Rechecks every 2 seconds.
🎯 Impact Filter (Derived Medium)
🔹 Accept derived HIGH impact = true — High-impact events are recognized.
🔹 Accept derived MEDIUM impact = false — Medium-impact events are ignored.
🔹 Accept derived LOW impact = false — Low-impact events are ignored.
🎯 Special Events
🔹 Only CPI/NFP/Rate; ignore general impact = false — General economic events are also considered.
🔹 CPI events = false — CPI-specific filtering disabled.
🔹 NFP events = false — NFP-specific filtering disabled.
🔹 Interest rate decision events = false — Interest rate event filtering disabled.
🔹 CPI/NFP/Rate must be HIGH = true — Only high-impact versions of these events qualify.
🎯 On/Off UI
🔹 ON.OFF UI = true — Enables the EA’s graphical control interface.
🔢 Conclusion
Vega Bot MT5 is a sophisticated trend-following and swing-trading Expert Advisor that integrates SuperTrend, Moving Averages, RSI confirmation, advanced money management, optional AI scoring and robust news-event protection.
Its extensive customization options allow traders to tailor entries, exits, risk controls, and market filters to fit various trading styles and account sizes while maintaining disciplined trade execution.
🔢 FAQs
❓ What timeframe does Vega Bot MT5 use for trend confirmation?
Vega Bot MT5 uses the 1-Hour timeframe for SuperTrend, Moving Average, and RSI calculations.
❓ Is AI entry validation enabled by default?
No. Use AI Model Check Entry = false, meaning AI validation is disabled by default.
❓ What Stop Loss and Take Profit values are configured?
The default configuration uses 3000 points Stop Loss and 3000 points Take Profit.
❓ Does Vega Bot MT5 include a news filter?
Yes. The EA includes a comprehensive news filter, although Enable news filter = false by default.
❓ How many trades can the EA open in a single trend cycle?
The EA allows a maximum of 10 trades per trend cycle according to the current configuration.
