Sensible Prop Ai V1.0 Set up & Setup Information
Welcome to SmartPropAi! This information will stroll you thru each step from buying the EA to configuring it for optimum efficiency.
Desk of Contents
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Enter Parameters Tutorial
Set up Information
Step 1: Buy & Obtain from MQL5
After Buy:
- Open MetaTrader 5
- Navigate to Market Tab
- Click on on View → Toolbox (or press Ctrl+T )
- Click on on the Market tab within the Toolbox window
- Entry Your Merchandise
- Click on on Purchases on the high of the Market tab
- Log in together with your MQL5 account if prompted
- Discover SmartPropAi V1.0 in your bought merchandise checklist
- Obtain the EA
- Proper-click on SmartPropAi V1.0
- Choose Obtain or Set up
- Look ahead to the obtain to finish
- It’s best to see successful message
Step 2: Confirm Set up
- Open Navigator Window
- Press Ctrl+N or click on View → Navigator
- Find the EA
- In Navigator, develop Knowledgeable Advisors
- It’s best to see SmartPropAi_V1.0 within the checklist
- For those who do not see it, right-click within the Navigator and choose Refresh
Step 3: Allow WebRequest (CRITICAL STEP)
⚠️ CRITICAL: For the AI mode to work, you MUST permit the EA to connect with the AI evaluation server.
- Open MT5 Choices
- Click on Instruments → Choices (or press Ctrl+O )
- Navigate to Knowledgeable Advisors Tab
- Click on on the Knowledgeable Advisors tab
- Permit WebRequest for Listed URL
- Verify the field: Permit WebRequest for listed URL
- Click on the Add button
- Enter the next URL precisely as proven:
https://api.openai.com
https://script.google.com
https://script.googleusercontent.com - Allow Knowledgeable Advisors
- Be sure the next field is checked:
- ✅ Permit automated buying and selling
- Click on OK to save lots of settings
Step 4: Connect EA to Chart
- Open a Chart
- Open any forex pair chart (e.g., EURUSD, GBPUSD, and so on.)
- Do NOT connect to a number of charts (will trigger duplicate trades)
- Connect the EA
- Technique 1: Drag and drop SmartPropAi_V1.0 from Navigator onto the chart
- Technique 2: Proper-click on the chart → Knowledgeable Advisors → SmartPropAi_V1.0
- Configure Settings
- The EA settings window will seem mechanically
- See the under for detailed configuration
- For fast begin, use these really useful settings:
- AI Mode: true (allow AI buying and selling)
- Mounted Lot Measurement: 0.01 (or your most well-liked measurement)
- Max Drawdown %: 4.0% (really useful for prop corporations)
- Present Panel: true (to see the dashboard)
- Permit Buying and selling
- Verify the field on the backside:
- ✅ Permit Algo Buying and selling
- Click on OK
Step 5: Confirm EA is Operating
- Verify Chart Indicators
- It’s best to see a blue hat icon within the top-right nook of the chart
- If the hat is grey, or is lacking, the EA isn’t working correctly
- Verify Auto Buying and selling Button
- On the high toolbar, click on the Algo Buying and selling button to allow it
- The button must be GREEN/highlighted when lively
- If it is gray, click on it to activate
- Verify Terminal Logs
- Open Terminal: View → Toolbox (or Ctrl+T )
- Click on the Specialists tab
- It’s best to see initialization messages like:
Sensible Prop Ai Brokers Initialized Portfolio Supervisor Agent: Related Market Analysis Agent: Scanning 15 markets Buying and selling Mode: LIVE
- Verify Dashboard Panel
- If Present Panel = true , it is best to see the SmartPropAi dashboard in your chart
- The panel exhibits real-time account stats, commerce historical past, and AI standing
Step 6: Preliminary Configuration Verify
Earlier than buying and selling, confirm these settings:
For Prop Agency Problem Accounts:
- ✅ AI Mode: true
- ✅ Lot Mode: Automated
- ✅ Scalp Commerce Threat: 0.50%
- ✅ Day Commerce Threat: 1.0%
- ✅ Swing Commerce Threat: 2.0%
- ✅ Max Drawdown %: 4.0% (modify to your agency’s guidelines)
- ✅ Max Trades Per Day: 10-15
- ✅ Allow Randomizer: true (really useful for prop corporations)
- ✅ Present Panel: true
For Prop Agency Funded Accounts:
- ✅ AI Mode: true
- ✅ Lot Mode: Automated
- ✅ Scalp Commerce Threat: 0.25% (extra conservative to guard funding)
- ✅ Day Commerce Threat: 0.50% (extra conservative to guard funding)
- ✅ Swing Commerce Threat: 1.0% (extra conservative to guard funding)
- ✅ Max Drawdown %: 3.0% (strict safety)
- ✅ Max Trades Per Day: 8-10
- ✅ Allow Randomizer: true or false (test agency coverage)
- ✅ Present Panel: true
For Private Reside Accounts:
- ✅ AI Mode: true
- ✅ Lot Mode: Automated or Mounted (your choice)
- ✅ Scalp Commerce Threat: 0.50% – 1.0%
- ✅ Day Commerce Threat: 1.0% – 2.0%
- ✅ Swing Commerce Threat: 2.0% – 3.0%
- ✅ Max Drawdown %: 8-10% (extra relaxed)
- ✅ Max Trades Per Day: 15-20 (or limitless)
- ✅ Allow Randomizer: false (not wanted)
- ✅ Present Panel: true
Step 7: Allow Cell Push Notifications (Learn AI Reasoning)
Get prompt alerts in your telephone each time SmartPropAi open a commerce.
Setup Steps:
- Set up MT5 Cell App
- Obtain MetaTrader 5 from App Retailer (iOS) or Google Play (Android)
- Login to Your Buying and selling Account
- Open MT5 cell app and login together with your dealer credentials
- Get Your MetaQuotes ID
- In MT5 cell app: Faucet Settings → Messages
- You may see your distinctive MetaQuotes ID (numbers and letters)
- Write it down or take a screenshot
- Allow Push Notifications on (VPS)Desktop MT5
- Open MT5 in your pc/VPS
- Go to Instruments → Choices → Notifications tab
- Verify: Allow Push Notifications
- Enter your MetaQuotes ID from step 3
- Click on Check to confirm (it is best to get a notification in your telephone)
- Click on OK to save lots of
💡 Tip: With push notifications enabled, you’ll be able to immediately see every commerce the AI takes and browse the reasoning behind each choice – all out of your telephone, wherever you might be!
Enter Parameters Tutorial
This part explains each parameter out there in SmartPropAi and find out how to configure them for optimum efficiency.
🤖 TRADING MODE
AI Mode
- Setting: On/Off (true/false)
- Default: false
- Description: Prompts the Sensible Prop AI Brokers buying and selling system
Choices:
- ✅ true: Prompts all AI Brokers (Portfolio Supervisor, Market Analysis, Technical Evaluation, and so on.) will analyze markets and execute trades
- ❌ false: AI Brokers OFF – EA is not going to work correctly.
- MUST be set to true for SmartPropAi to work
- Setting this to false fully disables AI buying and selling
🧠 AI SETTINGS
Delay Entry
- Default: 5 seconds
- Description: Delays commerce execution to create distinctive timing patterns
Prop Agency Customers:
Set to 30-180 seconds (30 sec to three min) to make sure distinctive entry instances in comparison with different EA customers.
For Private Reside Accounts:
Preserve default 5 seconds
Allowed Symbols
- Setting: Textual content (comma-separated checklist)
- Default: *
- Description: Which forex pairs/symbols the EA is allowed to commerce
Configuration Information:
- * = Commerce ALL out there symbols (AI will analyze all markets)
- EURUSD,GBPUSD = Commerce solely EURUSD and GBPUSD (comma-separated)
- EURUSD,GBPUSD,USDJPY,GOLD = Commerce a number of particular symbols
- EURUSD = Commerce just one particular image
Examples:
Main Foreign exchange Solely: EURUSD,GBPUSD,USDJPY,USDCHF,AUDUSD,USDCAD,NZDUSD Metals: XAUUSD,XAGUSD Indices: US30,NAS100,SPX500 Blended: EURUSD,GBPUSD,XAUUSD,US30
💡 Tip: For prop agency challenges, contemplate limiting to 5-8 high-liquidity symbols to scale back threat.
💰 RISK MANAGEMENT
Lot Measurement Mode
- Setting: Select one (Automated or Mounted)
- Default: Automated
- Description: How the EA calculates place measurement
Choices:
Automated Mode
- EA calculates lot measurement based mostly on account steadiness and threat share
- Place measurement mechanically adjusts as your account grows/shrinks
- Greatest for: Prop agency challenges, rising accounts, constant threat administration
- System: Lot Measurement = (Account Steadiness × Threat%) / (Cease Loss Distance in {dollars})
Mounted Mode
- EA makes use of the precise lot measurement you specify in FixedLotSize parameter
- Place measurement by no means modifications no matter account measurement
- Greatest for: Testing, demo accounts, skilled merchants with particular place sizing methods
Suggestion: Use Automated for many situations
Mounted Lot Measurement
- Setting: Decimal quantity
- Default: 0.01
- Vary: 0.01 – 100.00
- Description: The precise lot measurement to make use of when Lot Measurement Mode is about to Mounted
Notice: This parameter is ONLY used when LotMode = Mounted
Scalp Commerce Threat (%)
- Setting: Decimal quantity (share)
- Default: 0.25%
- Vary: 0.10% – 3.00%
- Description: Threat per scalp commerce when utilizing Automated lot sizing
What’s a Scalp Commerce?
- Brief-term trades (minutes to hours)
- Small revenue targets (10-30 pips)
- Tight cease losses (5-15 pips)
- Larger frequency
Configuration Information:
- 0.25%: Conservative (really useful for prop corporations)
- 0.50%: Average
- 1.00%: Aggressive (just for skilled merchants)
- Threat per commerce = $25
- If SL is 10 pips, lot measurement ≈ 0.25 tons
Day Commerce Threat (%)
- Setting: Decimal quantity (share)
- Default: 0.50%
- Vary: 0.25% – 4.00%
- Description: Threat per day commerce when utilizing Automated lot sizing
What’s a Day Commerce?
- Medium-term trades (hours to 1 day)
- Medium revenue targets (30-80 pips)
- Medium cease losses (20-50 pips)
- Average frequency
Configuration Information:
- 0.50%: Conservative (really useful for prop corporations)
- 1.00%: Average
- 2.00%: Aggressive
Swing Commerce Threat (%)
- Setting: Decimal quantity (share)
- Default: 1.0%
- Vary: 0.50% – 5.00%
- Description: Threat per swing commerce when utilizing Automated lot sizing
What’s a Swing Commerce?
- Lengthy-term trades (1-7+ days)
- Giant revenue targets (80-200+ pips)
- Wider cease losses (50-150 pips)
- Decrease frequency, greater reward
Configuration Information:
- 1.00%: Conservative (really useful for prop corporations)
- 2.00%: Average
- 3.00%: Aggressive (just for skilled merchants with massive accounts)
Necessary: The AI mechanically categorizes every commerce as SCALP, DAY, or SWING and applies the suitable threat share.
🛡️ DRAWDOWN CONTROL
Allow Drawdown Safety
- Setting: On/Off (true/false)
- Default: true
- Description: Prompts automated buying and selling halt when drawdown restrict is reached
Choices:
- ✅ true: EA will STOP buying and selling when max drawdown is hit (RECOMMENDED)
- ❌ false: EA will proceed buying and selling no matter drawdown (DANGEROUS)
The way it works:
- EA screens account drawdown in real-time
- When restrict is reached, EA blocks all new trades
- Buying and selling resumes mechanically the subsequent day
- Protects your account from catastrophic losses
Suggestion: ALWAYS use true for prop agency accounts
Drawdown Mode
- Setting: Select one (Mounted Quantity or % of Steadiness)
- Default: % of Steadiness
- Description: How drawdown restrict is calculated
Choices:
Mounted Quantity
Makes use of a fastened greenback restrict.
- EA calculates: Steadiness – Fairness = Present Loss
- Stops when Present Loss > MaxDrawdownAmount
- Instance: Set to $4,000 → EA stops once you’re down $4,000
Greatest for: Prop corporations with particular greenback loss limits (e.g., “$5,000 max every day loss”)
% of Steadiness
Makes use of a share that adjusts with account measurement.
- EA calculates: Max Loss = Steadiness × (% ÷ 100)
- Stops when (Steadiness – Fairness) > Max Loss
- Instance: 4% on $100k account = $4,000 max loss
Greatest for: Prop corporations with share guidelines (e.g., “4% max every day loss”)
Suggestion: Use % of Steadiness for many situations
Max Drawdown Quantity (cash)
- Setting: Decimal quantity (greenback quantity)
- Default: 4000.0
- Description: Most loss in {dollars} earlier than buying and selling stops
Configuration Information:
Set this barely under your prop agency’s greenback loss restrict to go away a security buffer.
Examples:
- FTMO $100k account: Every day loss restrict = $5,000 → Set to 4500 (leaves $500 buffer)
- FundedNext $50k account: Every day loss restrict = $2,500 → Set to 2250 (leaves $250 buffer)
- The5ers $100k account: Every day loss restrict = $4,000 → Set to 3600 (leaves $400 buffer)
Why go away a buffer? Protects towards slippage, unfold widening, or hole closes that might push you barely over the restrict.
Notice: Solely used when DrawdownControlMode = Mounted Quantity
Max Drawdown % (%)
- Setting: Decimal quantity (share)
- Default: 4.0%
- Description: Most loss as share of steadiness earlier than buying and selling stops
Configuration Information:
- 4.0%: Beneficial for many prop corporations (4% every day loss restrict)
- 5.0%: For corporations with 5% every day restrict
- 3.0%: Extremely-conservative (leaves massive security margin)
- 8-10%: For private dwell accounts (extra relaxed)
Prop Agency Examples:
Prop Agency | Every day Loss Restrict | Beneficial Setting |
---|---|---|
FTMO | 5% | 4.0% |
FundedNext | 5% | 4.0% |
The5ers | 4% | 3.0% |
TopstepTrader | 2% | 1.5% |
E8 Funding | 5% | 4.0% |
Notice: Solely used when DrawdownControlMode = % of Steadiness
📊 TRADE LIMITS
Max Trades Per Day
- Setting: Complete quantity
- Default: 10
- Vary: 0 – 20 (0 = limitless)
- Description: Most variety of trades EA can execute in a single buying and selling day
Configuration Information:
- 0: Limitless trades (not really useful)
- 5: Conservative
- 10: Average (really useful for many customers)
- 15: Aggressive (high-frequency buying and selling)
- 20+: Very aggressive (just for skilled merchants)
Advantages:
- Prevents overtrading
- Reduces publicity to market volatility
- Helps cross prop agency analysis guidelines
- Protects from emotional/revenge buying and selling
Notice: Counter resets mechanically at midnight (dealer time)
🎨 DISPLAY
Present Data Panel
- Setting: On/Off (true/false)
- Default: true
- Description: Show the SmartPropAi dashboard in your chart
What the Panel Exhibits:
📌 Header:
- AI Mode standing (ON/OFF)
- Present drawdown vs most allowed drawdown
⚠️ RISK EXPOSURE Part:
- Open positions: Depend + greenback threat + threat %
- Pending orders: Depend + greenback threat + threat %
- TOTAL threat: Mixed positions + complete publicity
📜 TRADE HISTORY (Final 4 Trades):
For every commerce shows:
- Image, commerce sort (SCALP/DAY TRADE/SWING), motion (BUY/SELL)
- Entry worth, Cease Loss, Take Revenue
- AI reasoning (why the commerce was taken)
Choices:
- ✅ true: Present panel (RECOMMENDED – provides full visibility)
- ❌ false: Conceal panel (cleaner chart, however much less data)
💡 Tip: Preserve it true throughout preliminary setup to watch EA habits
🎲 PROP FIRM RANDOMIZER
Allow Prop Agency Randomizer
- Setting: On/Off (true/false)
- Default: false
- Description: Randomizes entry costs, cease loss, and take revenue to keep away from detection by prop agency monitoring algorithms
What it Does:
- Entry Worth: Randomizes by ±0-2 pips
- Cease Loss: Tightens by 0-5% randomly
- Take Revenue: Reduces by 0-5% randomly
- Creates distinctive, human-like buying and selling patterns
- Prevents algorithmic detection by prop corporations
When to Use:
- ✅ true: Prop agency CHALLENGE part (really useful)
- ✅ true: Prop agency FUNDED accounts (some corporations monitor)
- ❌ false: Private dwell accounts (not wanted)
- ❌ false: Demo accounts (not wanted)
The way it Works – Instance commerce:
AI Sign: BUY EURUSD at 1.10000, SL: 1.09900, TP: 1.10200
With out Randomizer: Executes precisely as given
With Randomizer:
- Entry: 1.10002 (randomized +0.2 pips)
- SL: 1.09905 (tightened by 5 pips = 5% safer)
- TP: 1.10195 (diminished by 5 pips = 2.5% nearer)
Notice: Randomization is at all times conservative (tighter SL, nearer TP = safer trades)
Suggestion:
- Problem Section: true
- After Funded: Verify your agency’s guidelines (most permit, some monitor)
📚 Want Extra Data?
For incessantly requested questions (FAQs), troubleshooting suggestions, and finest practices, please obtain the entire information or contact help:
- Telegram: @RalphJordanEA
- MQL5 Messaging: Contact developer by way of MQL5
Disclaimer
Necessary Threat Discover:
Buying and selling foreign exchange and CFDs includes substantial threat of loss and isn’t appropriate for all buyers. Previous efficiency isn’t indicative of future outcomes. SmartPropAi is a instrument to help buying and selling choices however doesn’t assure income. All the time:
- Commerce with threat capital solely (cash you’ll be able to afford to lose)
- Perceive leverage dangers
- Begin with demo accounts
- Comply with correct threat administration
- Comply together with your dealer’s and prop agency’s phrases
- Search impartial monetary recommendation if wanted
The developer of SmartPropAi aren’t liable for buying and selling losses. Use at your individual threat.
Model: 1.0 | Final Up to date: October 2024 | Information Model: 1.0
Thanks for selecting SmartPropAi! We want you profitable buying and selling and hope this information helps you maximize your outcomes. For those who discovered this beneficial, please go away a assessment on the MQL5 product web page. Comfortable buying and selling!