🚀Quick Start Guide

First-Time Setup: Download Your Configuration ⚡ (Most Important!)

  1. 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 🧩

  1. 📥 Download your preferred .set file:

    • Balanced — default, well-rounded

    • Low Drawdown — conservative risk

    • Top Performance — aggressive returns

    • High Frequency — more opportunities

  2. 💾 Save the .set file to MQL4/Presets/

Step 2: Load the Configuration in MT4 📊

  1. Right-click your chart → Expert Advisors → Properties

  2. Open the Inputs tab

  3. Click Load

  4. Select your downloaded .set file → Open

  5. Set a Magic Number ≠ 0 (e.g., 616666) for automated trading

  6. Click OK

Step 3: Activate Automated Trading 🎛️

  1. Turn on Auto Trading (button should turn green)

  2. The BananaEA dashboard appears on your chart

  3. EA starts trading with your preset parameters


🅱️ Setup Path B: Trade Management Mode

Step 1: Configure for Trade Management 🛡️

  1. Follow Path A → Steps 1–2 (load a .set)

  2. Set Magic Number = 0 (activates Trade Management Mode)

  3. 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 ⚙️

  1. Ensure Auto Trading is ON (green)

  2. The panel shows “Trade Management Mode: ACTIVE”

  3. Place a manual BUY/SELL (no SL/TP needed)

  4. 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

  1. Start on demo for ~1 week

  2. Use Balanced preset or ATR-based management initially

  3. Watch the dashboard for insight

  4. 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:

  1. Right-click chart → Expert Advisors → Properties

  2. Load a different preset

  3. 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 GuideStrategy BreakdownRisk Management


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