Can I change the bot settings?
All your robots come preset with the latest recommended settings that should NOT be changed. We constantly monitor our trading systems and do system audits every quarter — this means your robot settings are always up-to-date for the current market conditions.
The only setting that you should adjust is the RISK SETTING, which should be set based on your risk tolerance. The default risk is set to one percent (1%) of your account per trade. (1% risk per trade on $10,000 account is $100 risk per trade)
To change the risk setting, Right-Click on robot chart and choose EXPERT ADVISOR -> PROPERTIES and select the INPUTS tab.
STEP 1 — Choose the Risk Mode: % Risk (default setting). Alternately, you can choose Fixed lot or Fixed $ risk per trade (only for Advanced users).
STEP 2 — Input your preferred % risk per trade (default setting is 1.0) See our risk guidelines below
STEP 3 — Press OK to confirm (Don’t press SAVE)
Here are our RISK guidelines
Conservative: 0.5% of your account per trade (5% drawdown expected or 10 losing trade Drawdown)
Average (Default setting): 1.0% of your account per trade (10% drawdown expected or 10 losing trade Drawdown)
Aggressive: 2.0% of your account per trade (20% drawdown expected or 10 losing trade Drawdown)