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① Shows the total number of strategies. ② Show strategies for a specific trading pair or list all available strategies. |
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Ⓐ The blue line on the graph represents the account balance. Ⓑ The green line on the graph represents the account equity. Ⓒ The white and gray vertical lines denote individual months of trading activity. Ⓓ The trading pair for which the strategy is designed. Ⓔ Profits in US dollars. Ⓕ Maximum drawdown as a percentage. Ⓖ Recovery factor. Ⓗ Profit factor. Ⓘ Test period. Ⓙ The [Copy] button allows you to copy the path of the settings file to the clipboard, simplifying its use in MetaTrader 5. Ⓚ Sharpe ratio. Ⓛ Expected payoff. Ⓜ Number of trades. Ⓝ Setting ID. |
CAN I USE MULTIPLE EAS WITH DIFFERENT SETTINGS ON A SINGLE ACCOUNT?Yes, you can use multiple EAs with different settings on a single account. However, it’s important to manage the risks carefully, as all the EAs will share the same account balance. Ensure you adjust lot sizes and risk parameters for each EA to prevent them from overloading the margin and exposing your account to excessive risk. Proper risk management will help you use multiple EAs effectively without compromising the safety of your account.
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WILL PRIZMAL WORK WITH MY BROKER / PROP FIRM?Yes, PrizmaL can be used with most brokers and prop firms. However, before using it, we strongly recommend testing it in the Strategy Tester on the quotes of each individual broker or prop firm. This will help ensure compatibility and optimal performance.
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CAN I INSTALL A PRIZMAL ON A GAMING LAPTOP?Absolutely! Most computers with basic specifications can run a trading EA. However, for optimal performance and reliability, we recommend using a Virtual Private Server (VPS).
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SHOULD I DEACTIVATE OR SWITCH OFF THE PRIZMAL DURING WEEKENDS?You can shut down your computer at the end of the week, but it's recommended to keep the MetaTrader 5 terminal running continuously, 24/7.
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WOULD YOU BE WILLING TO ASSIST WITH THE SETUP?I’d be happy to assist you with the installation. Please reach out to me via my profile on the MQL5 website.
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ON WHAT TIMEFRAME SHOULD I OPERATE THE EA?You can use any timeframe, it won’t impact the strategy's operation, as all timeframes are predefined within the EA.
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HOW DOES THE DRAWDOWN LIMITER WORK?This parameter is set as a percentage. When the drawdown reaches the specified level, all trades for the associated strategy will be closed.
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CAN STRATEGIE BE REMOVED WHILE TRADES ARE STILL OPEN?No, you should not disable the strategy while there are active trades. Wait until all trades are closed before disabling the strategy.
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IS IT POSSIBLE TO ADJUST THE RISK LEVEL WITH ACTIVE TRADES?Yes, you can adjust the risk level while trades are open, and it will not impact the strategy's operation.
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WHAT LEVEL OF LEVERAGE SHOULD I USE?The leverage level may vary for each strategy, but in most cases, you can begin with a 1:30 leverage ratio.
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IF I WISH TO INCREASE MY DEPOSIT, ARE THERE ANY SETTINGS THAT I NEED TO ADJUST?When making a deposit, no action is required from you, the EA will automatically adjust the lot size for subsequent trades.
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DO I NEED TO ADJUST MY GTM SETTINGS TO ACCOMMODATE DAYLIGHT SAVING TIME?No adjustments to these settings are necessary when Daylight Saving Time (DST) is in effect.
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DO PRIZMAL EXECUTE TRADES AUTOMATICALLY, OR SIMPLY GENERATE SIGNALS?The EA operates completely on its own, with no action needed from you.
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IS PRIZMAL AVAILABLE FOR METATRADER 4 PLATFORM?PrizmaL is exclusively developed for MetaTrader 5 and there are no plans to release a version for MetaTrader 4.
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