This section is used for advanced risk management settings

• Extended Points For Stoploss: Point added when placing Stoploss as declared in Volume Tab.

For example, in the Volume tab, place SL for the Buy order just below the Pin bar candle. The number of points that can be deducted from the initial SL price (the lowest price of Pinbar), shall be declared in this Extended Points for SL parameter.

• All SL At Same Price From: Set a common Stoploss for all orders at the same price from the first or last order.

  • First Entry: Use the Stoploss of the first status order as a common Stoploss.
  • Last Entry: Use the Stoploss of the last status order as a common Stoploss.

Note: If the first (or last) order has no Stoploss, the common Stoploss is calculated from the price of the first (or last) order using the declared Point.

• All TP At Same Price From: Set TakeProfit common to all orders at the same price from the first or last order.

  • First Entry: Use the TakeProfit of the first status order as a common TakeProfit.
  • Last Entry: Use the TakeProfit of the last status order as a common TakeProfit.

Note: If the first (or last) order does not have a TakeProfit, the common TakeProfit is calculated from the price of the first (or last) order using the declared Point.

• Max Risk Based On Account: Calculate the risk on the entire account.

• No: (default) FXCE Giga calculates the risk on transactions for each Magic No. declared in the General section.
• Yes: FXCE Giga calculates risk across the entire account, regardless of which transaction has the same Magic No. identifier.

• Max Risk Calculated by: There are 2 types of maximum risk calculation:

• • Percent (%): Calculate the maximum risk in %.
  • USD ($):  Calculate the maximum risk in USD.
• Max Risk Value: The maximum risk level (depending on the calculation type of Max Risk Calculated by. If the risk level exceeds this value, all orders will be closed.
• Show SL: 

Note: If Max Risk Value = 0, FXCE Giga does not close order based on maximum risk.

•  At Max Risk Disable Trade In (hours): Disable the Algo Trading function of MT5 for the specified period (hours) when the account reaches the maximum risk level. After this period, FXCE Giga will automatically re-enable the Algo Trading function of MT5.

  • Tick: Use the feature.
  • UnTick: Do not use the feature.