use_optimised_psar = False; Maximum_Risk = 3; Lots = 0.01; trade_at_cross_only = True; EachTickMode = True; for_entry="//////entry options"; open_with_psar = True; open_with_envelopes = False; for_exit= "//////exit options"; close_with_psar = True; close_with_envelopes = False; parabolic_sar= "//////parabolic stop and reverse"; psar = 0.0023; max = 0.3; time_frame_for_signal=0; envelope_settings= "//////envelopes"; envelopes_period_buy = 15; buy = 0.01; close_buy = 0.2; envelopes_period_sell = 15; sell = 0.01; close_sell = 0.2; time_frame_for_env=0; other_exit_options= "//////"; BreakEven = 2000; StopLoss = 2000; TakeProfit = 2000; TrailingStop = 2000; trading_time= "//////"; UseHourTrade = False; FromHourTrade = 0; ToHourTrade = 24; broker_options= "auto will detect max lots by broker"; auto_max_lots_allowed = true; Max_Lots_allowed = 50; normal_account = False; alerts= "notification options"; Use_popup_and_sound_alert = False; Use_Sound_only = False; email_notification = False; miscelaneouse= ""; comments = True; auto_magic_number = True; MagicNumber = 20; ok first on the list is (use optimised psar) this is the best psar settings i found in the tester most pairs are traded on a 5 minute chart this option will overide psar setting, including tf thats all it does, any other options can be added to this mode including tp, ts, sl, envelope options, ect...ect... and trade at cross this is the same settings as in all previouse versions for those who have been running previouse versions the transfer to the new version is simple drag ea to chart, set this option to true thats all, leave everything else to default exept trade at cross(il explain this next) for those who are not firmiliar use the main template below in the ea properties set use_optimised_psar = true; the indicators on the chart are not ever needed the ea will work fine on a blank chart but there on the chart for you to see whats happening now look at the chart after a tick of data is recieved from your broker the comments will be displayed within these comments are all of the settings being used and everything about everything any setting you change in the ea will reflect in these comments setup your chart to match these psar settings also the tf to use is displayed beside psar settings now il explain what you see in the comments iv included everything, so if you ever have a question or problem upload a screenshot of the current chart along with it i can see every setting il know the pair being traded, tf il know the account type and with some types of problems il need to know these things trade_at_cross_only this setting was formerly called single entry i have had alot of questions concerning it so i came up with a better name that fits this means we can only trade on the exact bar that we had a signal if you close the trade during this bar it will reopen (if tick mode true) if using envelopes, then we use psar as directional filter only but we trade only on exact envelope signal if you set this to false the ea will trade immediatly if conditions are met this means dont use sl or anything that will close the trade envelopes is a exeption though its not needed with envelopes there is advantages to this combination this setting should always be true unless you want to manipulate the ea to enter now these next setting need to be explained together so you understand the account type i have now coded the ea to use both account types maximum risk lots auto_max_lots_allowed Max_Lots_allowed normal_account max lots allowed is the limit your broker sets per trade ibfx mini can only trade to 50 lots in a single order this has caused tester errors you can manually set this lower if you want auto_max_lots_allowed the ea reads the info from the broker and sets max lots automatically so if you dont know the limit, this is for you maximum risk this is percent of free margin if you dont want to use money management, set this to zero you can now change the lot size normal_account by default the ea is for ibfx mini account there symbols have a m added (GBPJPYm) and mm is calculated diferent set this to true removes the m and calculates mm for a regular account this also makes it so if mm calculates under 0.1 lots is used on a mini its 0.01 this was also a cause for tester errors which is now fixed open_with_psar open_with_envelopes when price touches the upper psar, we go long if psar is under the current price, the direction filter is long vice versa for shorts if price touches or goes below the lower envelope, go long if price goes above or touches the upper envelope, close buy price above upper, go short price below lower, close short by default the envelope entry options are set to 0.01 deviation this makes it the same as enter at ma thats why iv removed the ma option you can set 4 seperate deviations for envelopes you can only set one period for buy one for sell auto_magic_number MagicNumber the ea sets a diferent magic number per pair the number used is displayed in the comments if for some reason you need to change the mn on a chart set this to false and MagicNumber will be used