FxMagnetic™ Software Update History - FxMagnetic™ - Candlestick Pattern Indicator for MT4

2023-08-25

Added “Pattern Flexibility Selector” parameter for Hammer, Hanging Man, and Pinbar patterns.
Added “Lookback bars” parameter.
Added ability to set minimum and maximum “risk:reward” ratio when picking best results from all optimization variations.
Added ability to export all optimization variations into the CSV file and have your own delimiter set for cross-compatibility with different country standards.
Display an “Optimization in progress…” message when running optimization.
Added notification “NOT ENOUGH HISTORY DATA TO DISPLAY 50 SIGNALS” to let the user know there’s not enough data to display all trading signals according to chosen settings.
Improved warning message when the indicator is set to run Optimization with too many variations. A message with info is printed in the EXPERTS tab at the bottom of MT4.
Other small improvements.

Added “Trading Mode” parameter, which allows choosing if the EA should operate in the “Indicator Sync” mode or “Independent Mode“.
Added “Pattern Flexibility Selector” parameter for Hammer, Hanging Man, and Pinbar patterns for use when running EA in “Independent Mode”.
Added “Lookback bars” parameter for use when running EA in “Independent Mode”.
Improved Money Management settings to calculate the right lot size on all MT4 brokers and instruments.
Display the “Next lot size” information on the chart.
Display a “Not enough margin” warning if the trader sets the risk too high.
Other small improvements.

Added notification “NOT ENOUGH HISTORY DATA TO DISPLAY 50 SIGNALS” to let the user know there’s not enough data to display all trading signals according to chosen settings.
Improved warning message when the indicator is set to run Optimization with too many variations. A message with info is printed in the EXPERTS tab at the bottom of MT4.
Other small improvements.

Improved Money Management settings to calculate the right lot size on all MT4 brokers and instruments.
Other small improvements.

Fixed problem with incorrect lot sizes being used on some pairs.
FxMagnetic Autotrader (EA) shows what the next lot size will be according to the risk parameters and Stop Loss. If EA runs in “Indicator Sync” mode, it will use the Stop Loss set in the indicator dashboard.
If Stop Loss = 0 (not set) and FxMagnetic Autotrader (EA) is set to use “Risk Per Trade (%)” money management mode, the EA shows an explanation that it cannot calculate lot size for % risk without SL. In such a case, EA will use the minimum possible lot size set by your broker (usually 0.01).

‘Divide by zero’ error is fixed when “SL (pips) (max)” is set to zero during the optimization.