PlaynaFX EA V1 User Manual
1. Introduction
Welcome to PlaynaFX EA V1, the most advanced automated trading system for MetaTrader 5. This manual will guide you through the installation, configuration, and optimization of your trading robot to achieve maximum performance.
Note: PlaynaFX EA V1 is designed for forex trading on MetaTrader 5 platform. Make sure you have MT5 installed on your computer before proceeding.
2. System Requirements
- Operating System: Windows 7/8/10/11, macOS (with Wine), Linux (with Wine)
- MetaTrader 5 platform (Build 2500 or higher)
- CPU: Intel i3 or equivalent (i5/i7 recommended)
- RAM: 4GB minimum (8GB recommended)
- Internet: Stable broadband connection
- VPS: Recommended for 24/7 operation
3. Installation Guide
3.1 Download and Extract Files
- Download the PlaynaFX EA package from your download link
- Extract the ZIP file to a temporary folder
- You should see the following files:
- PlaynaFX EA V1.ex5
- playnafxIndicator.ex5
- User Manual.pdf
- Settings folder with preset files
3.2 Installing to MetaTrader 5
- Open MetaTrader 5
- Click File → Open Data Folder
- Navigate to MQL5 folder
- Copy PlaynaFX EA V1.ex5 to MQL5\Experts folder
- Copy playnafxIndicator.ex5 to MQL5\Indicators folder
- Restart MetaTrader 5
- The EA should now appear in the Navigator panel under Expert Advisors
Warning: Always test the EA on a demo account before using it on a live account.
4. Configuration
4.1 Attaching EA to Chart
- Open a chart for your preferred currency pair (recommended: XAUUSD)
- Drag and drop PlaynaFX EA V1 from Navigator to the chart
- Click "Allow automated trading" in the Common tab
- Configure parameters in the Inputs tab
- Click OK to start the EA
4.2 Enabling Auto Trading
Ensure the AutoTrading button is enabled in MetaTrader 5 toolbar. You should see a green play icon.
5. Parameter Settings
5.1 Basic Parameters
- Lot_Size: Fixed lot size for trading (default: 0.01)
- AutoLot: Enable/disable automatic lot size calculation
- Risk_Percent: Risk percentage per trade when AutoLot is enabled
- Magic_Number: Unique identifier for the EA's trades
5.2 Trading Parameters
- Trade_Buy_Signals: Enable/disable buy trades
- Trade_Sell_Signals: Enable/disable sell trades
- Max_Orders_Per_Signal: Maximum orders allowed per signal
- Use_StopLoss: Enable/disable stop loss feature
- StopLoss_Percent: Stop loss percentage from entry price
5.3 Exit Strategy Parameters
- Exit_Strategy: Choose exit strategy type
- 0 - ZigZag Reversal
- 1 - Trailing Stop
- 2 - Trend Following
- 3 - Reversal Candle
- TrailingStop_Percent: Trailing stop distance (%)
- TrailingStop_Activation: Profit level to activate trailing stop
5.4 Indicator Parameters
- RSIPeriod: Period for RSI indicator
- MA_Fast_Period: Fast MA period
- MA_Slow_Period: Slow MA period
- ZigZag_Depth: ZigZag depth setting
- ZigZag_Deviation: ZigZag deviation setting
Tip: For conservative trading, use lower lot sizes and higher stop loss percentages.
← Back to Documentation