# 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[​](#1-general--licensing "Direct link to 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[​](#2-risk-sizing--intraday-protective-controls "Direct link to 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[​](#3-position-risk-bounds--scale-in-controls "Direct link to 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[​](#4-challenge-mode--compounder "Direct link to 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[​](#5-progressive-risk--peak-protection "Direct link to 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[​](#6-account-drawdown--profit-caps "Direct link to 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[​](#7-stop-loss-take-profit-partials--exits "Direct link to 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[​](#8-trailing-stop--swing-trailing "Direct link to 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[​](#9-signal-engines--order-entry-controls "Direct link to 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[​](#10-session--day-filters "Direct link to 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[​](#11-market--volatility-filters "Direct link to 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. |