Skip to main content

Strategy Presets Guide

BananaEA can use MetaTrader .set files to load groups of EA inputs.

This page explains how to use preset files safely. Presets are not performance promises. They are starting configurations that must be checked against your broker, symbol, timeframe, and risk tolerance.

What A Preset File Does​

A .set file can store inputs such as:

  • Symbol or timeframe assumptions
  • Risk method
  • Stop loss and take profit settings
  • Trading hours
  • Signal toggles
  • Trade management settings
  • Alert and display preferences

Loading a preset changes EA inputs. Always review important settings before enabling AutoTrading.

Where To Put Presets​

Copy .set files into:

MQL4/Presets/

Then load them from the EA Inputs window using the Load button.

How To Load A Preset​

  1. Open the intended MT4 chart.
  2. Attach BananaEA or open its properties.
  3. Go to the Inputs tab.
  4. Click Load.
  5. Select the .set file.
  6. Review the loaded settings.
  7. Confirm risk settings before clicking OK.

Before Using A Preset​

Check:

  • Symbol matches the preset name or notes.
  • Timeframe matches the preset name or notes.
  • Risk method is understood.
  • Lot size calculation is acceptable.
  • Maximum open trades is acceptable.
  • Trading hours make sense for the symbol.
  • Broker spread and contract specifications are suitable.

Manual Configuration​

If you are not using a preset, configure settings manually and keep notes.

Start with:

  • Small risk.
  • Limited number of open trades.
  • Clear trading hours.
  • Only the signal groups you intend to test.
  • Demo testing before live use.

Trade Management Mode​

When Magic = 0, BananaEA may operate as a trade manager for existing trades instead of opening new automated trades.

Before using this mode:

  • Confirm which trades it will manage.
  • Review stop loss and take profit methods.
  • Check break-even, trailing, and partial-close settings.
  • Test on demo first.

Preset Testing Checklist​

  • Preset file copied to MQL4/Presets/.
  • Correct symbol chart opened.
  • Correct timeframe selected.
  • Preset loaded in EA Inputs.
  • Risk settings reviewed.
  • Stop loss and take profit settings reviewed.
  • Trading hours reviewed.
  • Demo test completed.
  • Experts and Journal tabs checked.

Updating Presets​

When a preset file is updated:

  1. Keep a copy of the old file if you need to compare behavior.
  2. Load the new file on demo first.
  3. Check changed inputs.
  4. Run a backtest or demo observation period.
  5. Use live only after you understand the changes.

Support​

If you need help, provide:

  • Preset file name.
  • BananaEA version.
  • Symbol and timeframe.
  • Broker and account type.
  • Screenshot of loaded inputs if relevant.
  • Experts and Journal messages.

Related pages: