# Presets & Set Files — Banana EA MT4 v6.0

Banana EA v6.0 ships with pre-configured `.set` files tailored for active evaluation phases, steady growth accounts, and conservative live capital management.

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## Official Strategy Phase Presets[​](#official-strategy-phase-presets "Direct link to Official Strategy Phase Presets")

Version 6.0 integrates active intraday risk controls directly into the official preset files:

| Preset Name               | Target Strategy Tier      | Daily Drawdown | Max Consecutive Losses | Re-Entry Cooldown | Recommended Sizing     |
| ------------------------- | ------------------------- | -------------- | ---------------------- | ----------------- | ---------------------- |
| `BEA-V6-CHALLENGE.set`    | Phase 1 / Growth Phase    | 4.0%           | 3                      | 30 Minutes        | 0.5% – 1.0% per trade  |
| `BEA-V6-VERIFICATION.set` | Phase 2 / Steady Phase    | 4.0%           | 3                      | 30 Minutes        | 0.5% – 1.0% per trade  |
| `BEA-V6-FUNDED.set`       | Conservative Live Account | 3.0%           | 2                      | 60 Minutes        | 0.25% – 0.5% per trade |

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## Preset Breakdown & Mechanics[​](#preset-breakdown--mechanics "Direct link to Preset Breakdown & Mechanics")

### 1. Growth Phase Preset (`BEA-V6-CHALLENGE.set`)[​](#1-growth-phase-preset-bea-v6-challengeset "Direct link to 1-growth-phase-preset-bea-v6-challengeset")

* **Objective**: Achieve systematic account growth while maintaining disciplined 4% daily drawdown protection.
* **Max Consecutive Losses**: Set to `3`. After 3 consecutive losing trades on the same calendar day, new entries are latched off until the next day reset.
* **Re-entry Cooldown**: Set to `30`. Following any single losing close, fresh signals are paused for 30 minutes. Scale-ins on existing open positions are permitted.

### 2. Steady Phase Preset (`BEA-V6-VERIFICATION.set`)[​](#2-steady-phase-preset-bea-v6-verificationset "Direct link to 2-steady-phase-preset-bea-v6-verificationset")

* **Objective**: Maintain consistent performance targets with controlled risk exposure.
* **Max Consecutive Losses**: Set to `3`.
* **Re-entry Cooldown**: Set to `30`.

### 3. Conservative Live Account Preset (`BEA-V6-FUNDED.set`)[​](#3-conservative-live-account-preset-bea-v6-fundedset "Direct link to 3-conservative-live-account-preset-bea-v6-fundedset")

* **Objective**: Prioritize capital preservation and drawdowns protection on live accounts.
* **Daily Drawdown**: Reduced to `3.0%` for enhanced capital protection.
* **Max Consecutive Losses**: Reduced to `2`.
* **Re-entry Cooldown**: Increased to `60` minutes to give markets time to settle after a loss.

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## How to Load and Save Presets[​](#how-to-load-and-save-presets "Direct link to How to Load and Save Presets")

1. Attach `BananaEA-Auto` to your chart.
2. In the EA properties dialog, select the **Inputs** tab.
3. Click **Load** and navigate to `MQL4/Presets/BananaEA/`.
4. Select the desired `.set` file and click **Open**.
5. Adjust your `LicenseSerial` and `MagicNumber` as needed.
6. Click **OK**.

Magic Number Hygiene

When running multiple charts or trading different currency pairs simultaneously, ensure each chart uses a unique `MagicNumber` (e.g. `6001`, `6002`, `6003`).
