Welcome to AUTORITHM! This comprehensive guide will walk you through every step of setting up and using your AI-powered trading robot. Whether you’re a beginner or an experienced trader, this guide will help you maximize your trading potential with our 10-layer AI system.
Download and Install
After purchasing AUTORITHM from the MQL5 Market, the EA will automatically appear in your MetaTrader 5 Navigator under Expert Advisors.
Configure Required URLs
⚠️ Important: For AUTORITHM to function properly, you must add the following URLs to your MetaTrader 5 allowed URLs list:
How to add URLs:
- Go to Tools → Options
- Click on “Expert Advisors” tab
- Check “Allow WebRequest for listed URL”
- Add both URLs above to the list
- Click OK and restart MetaTrader 5
3
Drag and Drop
Simply drag the AUTORITHM EA from your Navigator onto any chart. A settings window will automatically open where you can configure all parameters.
4
Enable Auto Trading
Make sure the “AutoTrading” button in your MT5 toolbar is activated (it should be green). Without this, AUTORITHM cannot place trades.
Configure Required URLs
⚠️ Important: For AUTORITHM to function properly, you must add the following URLs to your MetaTrader 5 allowed URLs list:
How to add URLs:
- Go to Tools → Options
- Click on “Expert Advisors” tab
- Check “Allow WebRequest for listed URL”
- Add both URLs above to the list
- Click OK and restart MetaTrader 5
3
Drag and Drop
Simply drag the AUTORITHM EA from your Navigator onto any chart. A settings window will automatically open where you can configure all parameters.
4
Enable Auto Trading
Make sure the “AutoTrading” button in your MT5 toolbar is activated (it should be green). Without this, AUTORITHM cannot place trades.
⚙️ Essential Configuration
🕐 Setting Up Trading Hours
One of the most important settings is defining when AUTORITHM should trade:
1
Trading Start Time
Set your TradingStartTime (default: “06:00”). This is when AUTORITHM begins analyzing the market each day.
TradingStartTime = “08:00″ // Start trading at 8 AM
2
Trading End Time
Set your TradingEndTime (default: “20:00”). AUTORITHM will stop opening new positions after this time.
TradingEndTime = “18:00” // Stop trading at 6 PM
💡 Pro Tip
Choose trading hours that match your broker’s most active sessions. For EUR/USD, consider 8:00-18:00 GMT for optimal liquidity.
💡 Pro Tip
Choose trading hours that match your broker’s most active sessions. For EUR/USD, consider 8:00-18:00 GMT for optimal liquidity.
🛡️ Risk Management Setup
Protecting your capital is crucial. Here’s how to set up proper risk management:
| Parameter | Recommended Value | Description |
|---|---|---|
| RiskPercentage | 1.0 – 2.0 | Risk per trade as % of account balance |
| UseAutoLotSizing | true | Let AUTORITHM calculate optimal position sizes |
| FixedLotSize | 0.01 | Manual lot size (only if auto-sizing is disabled) |
⚠️ Important Warning
Never risk more than 2% of your account per trade. Start with 1% and increase gradually as you gain confidence with the system.
🎯 Martingale System Configuration
The Martingale system is AUTORITHM’s most powerful feature, but it requires careful setup:
Understanding Martingale Parameters
1
Profit Target (MartingaleProfitTargetPips)
This is the profit target in pips for closing ALL martingale positions. Default: 120 pips.
MartingaleProfitTargetPips = 100.0 // Close all at 100 pips profit
2
Loss Limit (MartingaleLossTargetPips)
Maximum loss before closing all positions. Default: 1000 pips. This is your safety net!
MartingaleLossTargetPips = 800.0 // Emergency stop at 800 pips loss
3
Volume Multiplier (MartingaleMultiplier)
How much to increase lot size for each new position. Default: 1.5 (50% increase).
MartingaleMultiplier = 1.3 // Conservative 30% increase
4
Maximum Orders (MartingaleMaxOrders)
Maximum number of positions in a sequence. Default: 10. Lower is safer!
MartingaleMaxOrders = 6 // Maximum 6 positions
5
Order Spacing (MartingaleOrderSpacingPips)
Distance between each martingale order. Default: 100 pips.
MartingaleOrderSpacingPips = 80 // 80 pips between orders
Recommended Martingale Settings by Account Size
| Account Size | Max Orders | Multiplier | Spacing (Pips) | Risk % |
|---|---|---|---|---|
| $500 – $1,000 | 4-5 | 1.3 | 60-80 | 1.0% |
| $1,000 – $5,000 | 5-6 | 1.4 | 80-100 | 1.5% |
| $5,000+ | 6-8 | 1.5 | 100-120 | 2.0% |
📰 News Protection Setup
Protect your trades during high-impact news events:
1
Enable News Protection
Set EnableNewsProtection = true to activate the news filter system.
2
Configure Time Buffers
PreNewsStopMinutes = 90 (stop trading 90 minutes before news)
PostNewsStopMinutes = 45 (resume trading 45 minutes after news)
3
Select Impact Levels
Choose which news impact levels to filter:
• FilterHighImpactNews = true (recommended)
• FilterMediumImpactNews = true (recommended)
• FilterLowImpactNews = false (optional)
🔧 Advanced Features
🎯 Trailing Stop System
Lock in profits as trades move in your favor:
- EnableTrailingStop: Set to true to activate
- TrailingTrigger: Profit needed to start trailing (default: 90 pips)
- TrailingDistance: Distance to maintain from current price (default: 15 pips)
📊 Volatility Protection
Avoid trading during extreme market conditions:
- EnableVolatilityProtection = true: Activate protection
- MaxVolumeMultiplier = 4.0: Cancel trades when volume spikes 4x
- MaxPriceChange = 40.0: Maximum safe price movement in pips
🛡️ Weekend Protection
Automatically close positions before weekends:
- ActivateWeekendShield = true: Enable weekend protection
- FridayCloseHour = 21: Close positions at 9 PM on Friday
- FridayCloseMinute = 0: Exact minute to close
🚀 Getting Started – Quick Setup Guide
🎯 Beginner-Friendly Settings
If you’re new to AUTORITHM, start with these conservative settings:
RiskPercentage = 1.0 MartingaleMaxOrders = 4 MartingaleMultiplier = 1.3 MartingaleOrderSpacingPips = 80 MartingaleProfitTargetPips = 80 MartingaleLossTargetPips = 600 EnableNewsProtection = true ActivateWeekendShield = true
📈 Monitoring Your Trades
What to Watch
- Drawdown: Monitor your account’s maximum loss from peak
- Active Positions: Keep track of how many martingale positions are open
- Daily Profit/Loss: Review performance at the end of each trading day
- News Events: Be aware of upcoming high-impact news
When to Adjust Settings
- After 1 week: Review risk percentage based on performance
- After 1 month: Consider adjusting martingale parameters
- During high volatility: Temporarily reduce risk or pause trading
- Before major news: Ensure news protection is active
⚠️ Final Reminders
- Always test new settings in a demo account first
- Never risk money you can’t afford to lose
- Start with small position sizes and increase gradually
- Monitor your trades regularly, especially during the first week
- Keep a trading journal to track your progress
🆘 Troubleshooting
Common Issues and Solutions
❌
EA Not Trading
Solution: Check that AutoTrading is enabled, trading hours are correct, and you’re not in a news blackout period.
❌
Too Many Positions Opening
Solution: Reduce MartingaleMaxOrders and increase MartingaleOrderSpacingPips.
❌
Large Drawdowns
Solution: Lower your RiskPercentage and MartingaleMultiplier. Consider reducing MartingaleMaxOrders.
🎉 Congratulations! You’re now ready to start your automated trading journey with AUTORITHM. Remember: patience and proper risk management are the keys to long-term success!
🚀 Quick Start
- Install AUTORITHM
- Set trading hours
- Configure risk (1-2%)
- Set martingale parameters
- Enable news protection
- Start with demo account
- Monitor and adjust
⚠️ Safety First
- Never risk more than 2%
- Start with demo trading
- Monitor daily drawdown
- Keep emergency stop ready
- Revie
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