UControl setup – Buying and selling Techniques – 14 July 2023

Good day everybody!
Right here we wish to present set up information and detailed description of UControl robotic, which have dwell buying and selling statistics since 2018 12 months and backtests since 2003 12 months.

Yow will discover our robotic right here: https://www.mql5.com/en/market/product/86636

Set up and configuration:

After you could have put in UControl robotic and opened its settings, you could have the choice to make use of the automated mode, through which every part is configured for you, or select the guide mode, through which you could have a possibility to make use of your individual settings.
The robotic will commerce on that foreign money pair, on the chart of which you put in it.

Automated mode:
We’ve got developed UControl in such a approach that the shopper can simply configure it in a few clicks, and the robotic will do every part by itself with the settings now we have already ready. On this mode, the EA works solely with the next foreign money pairs: AUDUSD, EURJPY, EURGBP and USDCAD. When you set up it on one other foreign money pair, the automated mode will swap to the guide settings mode – Use Your Settings.
The automated mode is ready by default, the settings parameters ought to be as follows:

AutoSettings – should be enabled in All Auto mode.
MaxDrawDown – right here you might want to specify in percentages what a part of deposit the EA will commerce on the foreign money pair you put in it on. In case of Cease Loss, the drawdown will likely be restricted by the desired degree of deposit. By default, the chance is 35%.

Guide mode:
AutoSettings – swap to Use Your Settings mode with the intention to configure all of the parameters manually (entry level, Take Revenue, and so on.). Or activate the Use Guide Lot mode if you wish to use your individual lot measurement (not an automated one), however on the identical time hold the automated buying and selling settings (entry level, Take Revenue, and so on.).
With the intention to use the guide mode, you might want to research the outline of all of the parameters, which you could find under.

Necessities for buying and selling:
The minimal deposit for buying and selling utilizing lot of 0.01:
AUDUSD – $450
EURJPY – $2300
EURGBP – $1200
USDCAD – $1600

Contemplating the particular options of the robotic algorithm, the minimal deposits for lot 0.1 will likely be as follows:
AUDUSD – $3100
EURJPY – $15000
EURGBP – $7300
USDCAD – $14000

The distinction within the minimal deposits is because of the truth that the minimal step of adjusting the lot measurement is completely different for the beginning lot of 0.01 and 0.1.

Really useful leverage:

If the chance is 100% for all of the pairs, use a leverage of 1:400 or increased (in any case, increased is all the time higher). If not all of the pairs are used, the leverage may be decrease, as much as 1:200.
Utilizing the chance of fifty%, the leverage may be 1:200.
Utilizing the chance of 25%, the leverage may be 1:100.
Utilizing the chance of 13%, the leverage may be 1:50.

Description of UControl robotic settings:

AutoSettings – That is the principle working mode of the EA. It has three choices:
           All Auto – It is a really useful mode, through which all calculations and settings are finished robotically for you, you simply must just be sure you have specified an appropriate drawdown restrict within the MaxDrawDown parameter. ATTENTION! This mode works solely with the next pairs: AUDUSD, EURJPY, EURGBP, USDCAD. When you allow this mode,            however set up the EA on a unique pair, it should robotically swap to a guide mode – Use Your Settings.
           Use Guide Lot – On this mode the automated settings nonetheless work, however the lot measurement will have to be specified manually within the ManualLot parameter. Additionally, the MaxDrawDown parameter doesn’t work on this mode, however will likely be robotically calculated from the desired ManualLot, in order to not disrupt the logic and reliability of the robotic.
           Use Your Settings – When utilizing this mode, all automated settings are disabled. The parameters of the guide settings are enabled within the “Use Your Settings” part on the backside, and also you additionally must specify the lot measurement within the ManualLot possibility. On this mode, the MaxDrawDown possibility doesn’t work. This mode means that you can commerce on any foreign money            pair.