# BananaEA Version 6.0 (Final MT4 Release)

Version 6.0 is the **final MT4 release** of Banana EA Auto. Built on the proven foundation of Version 5, Version 6.0 introduces intraday consecutive loss circuit breakers, re-entry cooldown protection, enhanced Smart Risk Monitor alerts, updated preset set files, and server-free Strategy Tester authorization.

END OF LIFE SCHEDULE — December 31, 2026

`BananaEA-Auto` MT4 v6.0 carries a hardcoded End-of-Life (EOL) timestamp and will **refuse to initialize after 2026-12-31 23:59:59**.

* **Rollover Removal**: If the date passes `2026.12.31 23:59:59` while the EA is attached, it will automatically remove itself from the chart.
* **Clock Requirements**: Expiration requires **both** your computer's clock and the broker's server clock to pass the date.
* **Hourly Alerts**: Visual and log alerts warn users starting **30 days prior** to the EOL date on chart attach and hourly re-checks.
* **Forward Platform**: **MetaTrader 5 (MT5)** is the designated forward platform for iTradeAIMS automated trading strategies.

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## What Version 6.0 Adds[​](#what-version-60-adds "Direct link to What Version 6.0 Adds")

* **Consecutive Loss Circuit Breaker (`MaxConsecutiveLosses`)**: Pauses new signal entries after $N$ consecutive losing closes within the trading day. Latches until the next daily reset.
* **Re-Entry Cooldown (`ConsecLossCooldownMinutes`)**: Temporarily halts fresh signal entries for $N$ minutes after any losing trade. Scale-ins remain exempt so existing positions can be managed safely.
* **Enhanced Smart Risk Monitor**: Displays explicit trigger reasons (e.g. naming whether daily drawdown, consecutive loss limit, or cooldown stopped an entry). Warns with an explicit **"Silently Unprotected"** status if all v6.0 protective limits are turned off.
* **Dual-Instance Collision Warning**: Alerts the trader if multiple EA instances are detected managing the same account or magic number simultaneously.
* **Updated Strategy Presets**: Pre-configured risk profiles (`.set` files) with active protective limits.
* **Server-Free Strategy Tester**: Strategy Tester runs authorize locally without sending per-run network requests to the license server.
* **`LogVerbosity` Input**: Select between `Quiet` (default) or `State changes + reasons` for clean, readable journal logging.

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## Protective Architecture Overview[​](#protective-architecture-overview "Direct link to Protective Architecture Overview")



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## Documentation Structure[​](#documentation-structure "Direct link to Documentation Structure")

1. **[Install & Upgrade](/banana-ea/mt4/docs/v6/install-and-upgrade.md)** — Installing v6.0, upgrading from retired releases (v5/v4 retired August 31, 2026), and EOL clock verification.
2. **[Quick Start](/banana-ea/mt4/docs/v6/quick-start.md)** — Getting started with v6.0 on MT4 charts.
3. **[Presets & Set Files](/banana-ea/mt4/docs/v6/presets.md)** — Pre-configured risk presets (`.set` files).
4. **[Settings Overview](/banana-ea/mt4/docs/v6/settings-overview.md)** — Complete input parameter reference.
5. **[Smart Risk Monitor](/banana-ea/mt4/docs/v6/smart-risk-monitor.md)** — Dashboard protections, streak limits, and cooldown status.
6. **[Trade Management & Scaling](/banana-ea/mt4/docs/v6/trade-management-and-scaling.md)** — Interaction of circuit breakers and cooldowns with scale-in trades.
7. **[Trading Days & Filters](/banana-ea/mt4/docs/v6/trading-days-and-filters.md)** — Session rules and unified day-boundary drawdown logic.
8. **[Backtesting](/banana-ea/mt4/docs/v6/backtesting.md)** — Offline strategy tester setup and parameter optimization.
9. **[FAQ](/banana-ea/mt4/docs/v6/faq.md)** — Frequently Asked Questions and transition to MT5.
10. **[Troubleshooting](/banana-ea/mt4/docs/v6/troubleshooting.md)** — Resolving collision warnings, streak locks, and clock alerts.

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[← Back to version chooser](/banana-ea/mt4/docs.md)