Settings Overview — Banana EA MT4 v6.0

This guide details all input parameters in Banana EA Version 6.0, including intraday risk circuit breakers, scale-in bounds, challenge mode compounder, progressive risk reduction, market filters, and dashboard visual configuration.

1. General & Licensing

Parameter	Type	Default	Description
`LicenseSerial`	String	`""`	Official iTradeAIMS serial key required for live and demo chart execution.
`LogVerbosity`	Enum	`Quiet`	Logging detail level: `Quiet` (suppresses routine logs) or `State changes + reasons` (logs protective circuit state transitions).
`MagicNumber`	Integer	`6001`	Unique identifier for trades opened and managed by this EA instance.
`TradeComment`	String	`BananaEA v6.0`	Comment tag attached to MT4 trade executions.
`OptimizationSetName`	String	`""`	Preset file description label displayed on the Smart Risk Monitor dashboard.

2. Risk Sizing & Intraday Protective Controls

Parameter	Type	Default	Description
`LotMethod`	Enum	`% risk of balance`	Sizing calculation method (`0` = % risk of balance, `1` = $ risk amount, `2` = fixed lots, `3` = % equity).
`RiskValue`	Double	`1.0`	Risk value per trade (%, $, or fixed lots based on `LotMethod`).
`MaxDailyDrawdownPercent`	Double	`4.0`	Maximum equity loss allowed in a single trading day (0 = disabled). Exceeding this closes open positions and locks new entries until next session.
`MaxConsecutiveLosses`	Integer	`0`	New in v6.0: Maximum consecutive losing closes allowed within a trading day (`0` = disabled). Exceeding this pauses new signal entries until the next daily reset.
`ConsecLossCooldownMinutes`	Integer	`0`	New in v6.0: Minutes to block fresh signal entries following a losing trade (`0` = disabled). Scale-ins are exempt.
`ExcludeScaleInsFromLossStreak`	Boolean	`false`	When enabled, treats scale-in closes as part of parent position rather than independent streak outcomes.

3. Position Risk Bounds & Scale-In Controls

Parameter	Type	Default	Description
`MaxNotionalMultiple`	Double	`0.0`	Caps position notional exposure as a multiple of equity (`0` = disabled). Prevents tight-stop unbounded lot expansion.
`MaxPortfolioRiskPercent`	Double	`0.0`	Maximum total open risk across active trades on this chart as % of equity (`0` = disabled).
`MinFreeMarginPercent`	Double	`0.0`	Minimum free margin percent required after entry (`0` = disabled). Refuses trades that violate threshold.
`MultiTradeMode`	Enum	`Disabled`	Scale-in mode for adding secondary same-direction positions.
`MaxOpenTrades`	Integer	`3`	Absolute maximum number of open trades permitted per chart.
`ScaleInMaxRiskMultiple`	Double	`0.0`	Caps scale-in add-on risk as a multiple of remaining open risk (`0` = disabled).
`ScaleInLotMode`	Enum	`Inherit risk`	Sizing mode for scale-in entries (`Inherit risk`, `Fixed lots`, `Fraction of fresh entry`).
`ScaleInFixedLots`	Double	`0.0`	Fixed lot size for add-ons when `ScaleInLotMode` is set to Fixed lots.
`ScaleInBaseFraction`	Double	`0.0`	Fraction of fresh entry lot size (e.g., `0.25` = 25%) when `ScaleInLotMode` is set to Fraction.
`StartActive`	Boolean	`false`	When enabled, begins taking trades immediately on attach without requiring dashboard AUTO click (ideal for unattended VPS restarts).

4. Challenge Mode & Compounder

Parameter	Type	Default	Description
`AccountPhase`	Enum	`Phase 1 (Challenge)`	Declared account lifecycle phase (`Phase 1 (Challenge)`, `Phase 2 (Verification)`, `Funded`).
`UseChallengeMode`	Boolean	`false`	Enables progress lot scaling as account profit target approaches.
`ChallengeStartBalance`	Double	`0.0`	Challenge balance anchor (`0` = auto-capture starting balance on EA init).
`ChallengeTargetPercent`	Double	`10.0`	Target profit percentage required for challenge completion (e.g. 10%).
`ChallengeMaxLossPercent`	Double	`10.0`	Hard loss limit percentage from challenge anchor. Closes all positions and halts EA if breached.
`ChallengePersistState`	Boolean	`true`	Persists challenge state across terminal restarts. Set `false` once to clear saved state for new accounts.
`ChallengeBaseMultiplier`	Double	`1.0`	Lot size multiplier at 0% challenge progress.
`ChallengeMaxMultiplier`	Double	`3.0`	Lot size multiplier at 100% challenge profit progress.
`MinTradingDays`	Integer	`0`	Minimum distinct active trading days required by prop firm (`0` = disabled).
`MinTrades`	Integer	`0`	Minimum trade count required by prop firm (`0` = disabled).
`ComplianceSafetyBufferPercent`	Double	`0.2`	Safety buffer (% of anchor) added above target equity before compliance trades fire.
`ComplianceStopLossPips`	Integer	`20`	Stop loss distance in pips for checkbox compliance trades.
`ComplianceTakeProfitPips`	Integer	`2`	Take profit distance in pips for checkbox compliance trades.
`ComplianceSymbol`	String	`"EURUSD"`	Dedicated symbol for compliance trades (empty = chart symbol).

5. Progressive Risk & Peak Protection

Parameter	Type	Default	Description
`UseProgressiveRiskReduction`	Boolean	`false`	Progressively scales lot size down when account equity drops below starting balance.
`ProgressiveRiskFloor`	Double	`0.25`	Minimum lot multiplier floor at full drawdown depth (e.g. `0.25` = 25% of base risk).
`ProgressiveRiskDepth`	Double	`5.0`	Drawdown depth % from starting balance where the floor multiplier is reached.
`UseProgressivePeakProtection`	Boolean	`true`	Activates secondary giveback protection curve once equity cushion is built.
`ProgressivePeakUnlockPercent`	Double	`5.0`	Profit % above starting balance required to permanently arm peak protection.
`ProgressivePeakFloor`	Double	`0.50`	Minimum lot multiplier floor at full peak giveback depth.
`ProgressivePeakDepth`	Double	`5.0`	Giveback depth % from peak equity where peak floor is reached.

6. Account Drawdown & Profit Caps

Parameter	Type	Default	Description
`UseTrailingDDControl`	Enum	`Disabled`	Trailing high-water-mark equity drawdown mode (`Disabled`, `Close All + Lock`, `Lock Only`).
`TrailingDDPercent`	Double	`3.0`	Maximum equity drop allowed from peak equity before trailing DD action fires.
`UseWeeklyDDCap`	Enum	`Disabled`	Weekly drawdown protection mode (resets each Monday 00:00 server time).
`WeeklyDDPercent`	Double	`5.0`	Maximum weekly equity loss percentage from Monday-open balance.
`SessionProfitLockPercent`	Double	`0.0`	Stops fresh entries once session equity profit reaches this % of session-start balance (`0` = disabled).

7. Stop Loss, Take Profit, Partials & Exits

Parameter	Type	Default	Description
`SLMethod`	Enum	`Candle Range`	Stop loss calculation mode (`Candle Range`, `ATR`, `Fixed Pips`).
`SL_Value`	Double	`1.0`	Value used by selected SL method (multiplier or pips).
`TPMethod`	Enum	`ATR`	Take profit calculation mode (`Disabled`, `Risk:Reward`, `ATR`, `Fixed Pips`).
`TP_Value`	Double	`5.0`	Value used by selected TP method.
`BreakEvenMethod`	Enum	`ATR`	Break-even trigger method (`Disabled`, `Fixed Pips`, `Candle Range`, `ATR`).
`BE_Value`	Double	`2.0`	Trigger value to move stop loss to break even.
`PartialCloseMethod`	Enum	`ATR`	Partial close calculation mode (`Disabled`, `Fixed Pips`, `Candle Range`, `ATR`).
`PartialClosePercentage`	Double	`0.5`	PC1 close percentage (`0.5` = 50% of position size).
`PC_Value`	Double	`1.0`	PC1 trigger value.
`PC_Level2_Percentage`	Double	`0.25`	PC2 close percentage (`0.25` = 25% of remaining lots, `0` = off).
`PC_Level2_Value`	Double	`2.0`	PC2 trigger value.
`PC_Level3_Percentage`	Double	`0.25`	PC3 close percentage (`0.25` = 25% of remaining lots, `0` = off).
`PC_Level3_Value`	Double	`3.0`	PC3 trigger value.
`TMExitTemplate`	Enum	`Partial Only`	Remainder position exit policy following partial closes.

8. Trailing Stop & Swing Trailing

Parameter	Type	Default	Description
`TrailingMethod`	Enum	`ATR`	Trailing stop mode (`Disabled`, `Fixed Pips`, `ATR`, `Candle High/Low`, `Moving Average`).
`TrailActivationCondition`	Enum	`None`	Gate condition before trailing begins (`None`, `After BE`, `After Profit`).
`Trail_ActivationValue`	Double	`5.0`	Activation trigger value (pips or multiplier).
`Trail_DistanceValue`	Double	`2.0`	Trailing distance (pips, multiplier, or MA period).
`TrailMinimumMovement`	Double	`1.0`	Minimum price movement in pips before trailing step updates.
`TC_CandleBuffer`	Double	`2.0`	Candle buffer in pips for manual TC button trailing.
`ST_SwingLookback`	Integer	`100`	Lookback bar count for fractal swing trailing (ST button).
`ST_SwingBuffer`	Double	`2.0`	Buffer distance in pips above/below swing highs/lows.

9. Signal Engines & Order Entry Controls

Parameter	Type	Default	Description
`EntryEngineMode`	Enum	`Banana Classic`	Continuation signal detection mode.
`UseB1`	Boolean	`true`	Enable B1 Banana buy/sell signals.
`UseB2`	Boolean	`true`	Enable B2 Banana buy/sell signals.
`UseB3`	Boolean	`true`	Enable B3 Banana buy/sell signals.
`Enable_Seed_TP`	Boolean	`false`	Enable Seed TP buy/sell signals.
`Enable_Seed_TTP`	Boolean	`false`	Enable Seed TTP buy/sell signals.
`OrderType`	Enum	`Pending Orders`	Order execution mode (`Market Orders` or `Pending Orders`).
`BuyBuffer`	Double	`1.0`	Entry buffer pips above signal high for buy pending orders.
`SellBuffer`	Double	`0.1`	Entry buffer pips below signal low for sell pending orders.
`BuSLBuffer`	Double	`0.1`	Additional stop loss buffer pips for buy orders.
`BeSLBuffer`	Double	`1.0`	Additional stop loss buffer pips for sell orders.
`MinimumSL_Pips`	Double	`3.0`	Minimum allowed SL distance in pips (`0` = disabled).
`MaximumSL_Pips`	Double	`0.0`	Maximum allowed SL distance in pips (`0` = disabled).
`CancelAfterBars`	Integer	`8`	Cancels unfilled pending orders after N closed bars (`0` = disabled).
`PendingEMAInvalidationMode`	Enum	`None`	Cancels pending orders if a bar closes across the specified EMA.
`EnablePendingOrderHistory`	Boolean	`false`	Logs pending order snapshots to CSV and global variables.

10. Session & Day Filters

Parameter	Type	Default	Description
`UseTimeWindow`	Boolean	`true`	Master toggle for session time window filtering.
`UseSession1`	Boolean	`true`	Enables European / Session 1 trading window.
`Session1_StartHour`	Integer	`10`	Session 1 start hour (broker server time).
`Session1_StartMinute`	Integer	`0`	Session 1 start minute.
`Session1_EndHour`	Integer	`13`	Session 1 end hour.
`Session1_EndMinute`	Integer	`0`	Session 1 end minute.
`UseSession2`	Boolean	`true`	Enables US / Session 2 trading window.
`Session2_StartHour`	Integer	`16`	Session 2 start hour.
`Session2_StartMinute`	Integer	`15`	Session 2 start minute.
`Session2_EndHour`	Integer	`17`	Session 2 end hour.
`Session2_EndMinute`	Integer	`45`	Session 2 end minute.
`UseDayOfWeekFilter`	Boolean	`true`	Master toggle for day-of-week trading filter.
`TradeMonday` – `TradeSunday`	Boolean	`true`	Individual toggles to allow or block trading on specific days.

11. Market & Volatility Filters

Parameter	Type	Default	Description
`ATRPeriod`	Integer	`20`	ATR calculation period for volatility filters and stops.
`Filter_EMA_Fast`	Boolean	`false`	Enable Fast EMA filter.
`FastEMA_Value`	Integer	`11`	Period for Fast EMA.
`Filter_EMA_Slow`	Boolean	`true`	Enable Slow EMA filter.
`SlowEMA_Value`	Integer	`21`	Period for Slow EMA.
`Filter_EMA_SLOWEST`	Boolean	`true`	Enable Slowest EMA filter.
`EMA_SLOWEST_Input`	Integer	`70`	Period for Slowest EMA.
`EMA_SLOWEST_Strict`	Boolean	`true`	Requires strict EMA alignment hierarchy (Fast < Slow < Slowest).
`Filter_MA_Crossover`	Boolean	`true`	Enables moving average crossover filter.
`TrendFilterMode`	Enum	`Classic EMA Stack`	Trend filter mode (`Classic EMA Stack` or `Regime-Aware Anti-Chop`).
`UseEMASlopeFilter`	Boolean	`false`	Requires slow EMA slope to exceed minimum ATR-normalized threshold.
`UseEMADistanceFilter`	Boolean	`false`	Requires price distance from slow EMA to exceed ATR threshold.
`UseADXTrendStrengthFilter`	Boolean	`false`	Requires ADX trend strength to exceed minimum threshold.
`UseATRFilter`	Boolean	`false`	Enables ATR-based maximum stop loss filter.
`MaxATRMultiplier_Banana`	Double	`2.0`	Maximum allowed SL for Banana momentum signals (xATR).
`MaxATRMultiplier_Seed`	Double	`1.5`	Maximum allowed SL for Seed precision signals (xATR).
`UseDailyRangeFilter`	Boolean	`true`	Filters entries if daily range exceeds ADR percentage limit.
`MaxDailyRangePercent`	Double	`125.0`	Maximum allowed daily range as % of 20-day ADR.
`UseSessionMovementFilter`	Boolean	`true`	Filters entries if session movement exceeds ADR percentage limit.
`MaxSessionMovementPercent`	Double	`25.0`	Maximum allowed session movement as % of ADR.
`Use10OClockFilter`	Boolean	`true`	Filters trades based on reference open price direction.
`TenOClockHour`	Integer	`10`	Reference hour for open price filter.

1. General & Licensing​

2. Risk Sizing & Intraday Protective Controls​

3. Position Risk Bounds & Scale-In Controls​

4. Challenge Mode & Compounder​

5. Progressive Risk & Peak Protection​

6. Account Drawdown & Profit Caps​

7. Stop Loss, Take Profit, Partials & Exits​

8. Trailing Stop & Swing Trailing​

9. Signal Engines & Order Entry Controls​

10. Session & Day Filters​

11. Market & Volatility Filters​