🚀Quick Start Guide
First-Time Setup: Download Your Configuration ⚡ (Most Important!)
Choose Your Setup Path below:
🅰️ Path A: Download & load a professional preset (recommended)
🅱️ Path B: Trade Management Mode (for manual entries)
🅰️ Setup Path A: Download & Load a Configuration
Step 1: Get a Professional Optimization Set 🧩
🌐 Visit: iTradeAims Optimization Sets
📥 Download your preferred .set file:
Balanced — default, well-rounded
Low Drawdown — conservative risk
Top Performance — aggressive returns
High Frequency — more opportunities
💾 Save the .set file to
MQL4/Presets/
Step 2: Load the Configuration in MT4 📊
Right-click your chart → Expert Advisors → Properties
Open the Inputs tab
Click Load
Select your downloaded .set file → Open
Set a Magic Number ≠ 0 (e.g.,
616666
) for automated tradingClick OK
Step 3: Activate Automated Trading 🎛️
Turn on Auto Trading (button should turn green)
The BananaEA dashboard appears on your chart
EA starts trading with your preset parameters
🅱️ Setup Path B: Trade Management Mode
Step 1: Configure for Trade Management 🛡️
Follow Path A → Steps 1–2 (load a .set)
Set Magic Number = 0 (activates Trade Management Mode)
Click OK
Step 2: Risk/Exit Configuration 🎯
Your optimization set includes professional risk/exit rules:
Risk controls from large-scale testing
SL/TP logic aligned to preset style
Position sizing matched to your risk method
Step 3: Activate Trade Management ⚙️
Ensure Auto Trading is ON (green)
The panel shows “Trade Management Mode: ACTIVE”
Place a manual BUY/SELL (no SL/TP needed)
BananaEA applies SL/TP and management within ~1–2s
🔎 What You’ll See
🤖 Automated Trading (Magic ≠ 0)
Dashboard shows:
📈 Real-time signal/filters based on preset
🔔 Trade notifications
📊 Ongoing performance metrics
🛡️ Risk status & guardrails
EA automatically:
🔍 Scans for valid patterns/signals
📝 Places orders with preset logic
🛑 Sets SL and manages risk
🎯 Secures profits via preset exit rules
🧭 Trade Management (Magic = 0) — v3.11.2+ Enhanced
Enhanced Info Panel shows:
✅ Trade Management Mode: ACTIVE
🔢 Live managed trades count
🎯 Current R:R ratios and ATR values
📊 Real-time trade monitoring
Interactive Trade Panels with Buttons:
🎛️ Individual trade panels appear next to each open position
❌ One-click close buttons for instant full position exits
🔄 Dynamic updates as trades open/close
🧹 Smart cleanup removes panels when trades close
📍 Professional positioning next to trade info on chart
EA automatically manages YOUR trades:
🛑 Applies precise SL (ATR-based/fixed/candle-based)
🎯 Applies perfect TP matching your R:R configuration
⚡ Updates management within 1-2 seconds after entry
🧩 Handles each chart/symbol independently
👆 One-click exits via close buttons on each trade panel
NEW v3.11.2 Features:
Always-visible trade panels that persist through minimize/maximize
Smart button positioning that doesn't interfere with trading
Intelligent cleanup removes orphaned buttons when trades close externally
🧠 Perfect For These Trading Styles
👨💼 Professional Manual Traders
You place entries; EA perfects exits & risk
Result: Consistent R:R without manual effort
👥 Copy-Trading Users
Standardize exits across heterogeneous signals
Result: Cohesive, risk-aware portfolio behavior
📊 Multi-Symbol Portfolios
One EA per symbol with its own preset
Result: Tailored management per market’s volatility
🧪 Learning Traders
Focus on entries & market reading
EA handles exit math and risk discipline
⚡ Quick Success Tips
✅ Immediate Wins
Start on demo for ~1 week
Use Balanced preset or ATR-based management initially
Watch the dashboard for insight
Change one setting at a time
🛡️ Risk Essentials
Keep per-trade risk ≤ 2 % (use Risk Percent)
Start with small lot sizes
Monitor daily/weekly drawdown on the panel
Keep a simple trade journal
📱 Mobile + VPS
EA runs 24/5; VPS recommended
Trade Management Mode pairs great with mobile entries
🧭 First-Time Notes
Demo First
Run 1–2 weeks on demo
Learn the EA’s behavior & confirm expectations
Position Size (Guidelines)
Beginners: start at 0.01 lots or 0.1% Risk
~€1,000 accounts: 0.01–0.02 lots
~€10,000 accounts: ~0.10 lots start point
€50,000+: scale proportionally
Risk Warnings
All trading involves risk
Start small; only risk what you can afford to lose
Past performance ≠ future results
Market regimes change
🔄 Switching Presets Later
Yes — switch anytime.
How:
Right-click chart → Expert Advisors → Properties
Load a different preset
Click OK (watch for confirmation in Experts tab)
When to switch:
After ≥ 1 month if results diverge from expectations
Your risk tolerance or account size changes
Market regime shifts
Development Team Instructions.
Common path: Low Drawdown → Balanced → (optionally) Top Performance → (optionally) DAX Specialist
✅ Launch Checklist
Ready to trade like a pro? Your next stop: Installation Guide → Strategy Breakdown → Risk Management
💬 Questions? Join Our Active Community!
🎯 Get setup help from experienced traders
✨ FREE Support • ⚡ Quick Answers • 🎓 Setup Assistance • 📈 Trading Tips
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