The Coin Selection parameter plays a crucial role in configuring the algorithm, as the choice of the asset directly affects the nature of the strategy, risk settings, and sensitivity. This parameter allows traders to either choose a preset asset, such as BTC/USDT, or manually configure the settings if the MANUAL option is selected. Choosing the right asset and the corresponding settings can significantly enhance the effectiveness of trading strategies.

Coin Selection offers two primary options:

1. MANUAL — a manual selection where traders configure sensitivity, risk, and other values independently, based on their analysis and strategy.
2. Preset assets (e.g., BTC/USDT) — predefined settings for specific assets. The algorithm automatically selects optimal parameters based on historical data and asset behavior.

Functionality: The primary function of Coin Selection is to determine the asset for trading. This choice influences the strategy used, the calculation of entry/exit levels, and risk management.

Coin Selection uses the following data types:

• String — a string value that defines the selected asset or mode (MANUAL or a specific pair, e.g., BTC/USDT).
• Strategy_settings — a structure containing the parameters for the selected strategy. This structure includes data such as sensitivity, stop-loss levels, take profits, and risk percentage.
• Enum (Enumeration) — used for predefined asset values, such as BTC/USDT, ETH/USDT, etc.

Interaction with other parameters:

• Sensitivity (Sens), Risk %, Stop-loss (SL %), and Take Profits (TP) directly depend on the selected asset. The algorithm adjusts these based on the chosen trading pair and its volatility.

Coin Selection allows for different strategies depending on the selected asset:

1. MANUAL:

• The trader manually configures all the parameters. This requires a deep understanding of the selected asset, its volatility, and trends.
• Strategies can range from short-term (e.g., intraday trading) to long-term (months of investment).

1. Preset strategies:

• For example, with BTC/USDT, the strategy is optimized for the asset's high volatility, considering historical data and trends.
• For less volatile assets like ETH/USDT, strategies might use lower risks and more conservative stop-loss levels.

Sensitivity: 18 — a medium value for trend consideration.
Risk: 2% — an aggressive strategy.
Stop-loss: 3% — accommodates high volatility.
Take Profits: 1%, 2%, 3% — phased profit-taking.

The choice of asset via Coin Selection determines how the algorithm builds the logic for opening and closing trades:

1. MANUAL:

• In this mode, the trader independently decides when and how to enter the market. The algorithm allows custom levels of stop-losses and take profits based on the asset’s volatility.
• Example: For less volatile assets, the trader might use lower stop-loss and risk values, maintaining a minimal percentage of losses.

1. Preset strategies:

• The trading logic is automatically configured. For the BTC/USDT pair, the strategy accounts for sharp price movements and the asset’s volatility.
• The algorithm automatically calculates entry and exit levels based on sensitivity and historical data.

Coin Selection appears in the interface as a dropdown menu where you can select between MANUAL and preset assets.
Visually, this affects the display of entry/exit levels on the chart. For preset assets, the levels are automatically adjusted based on historical data.

MANUAL is ideal for experienced traders who understand the specific characteristics of an asset and want to manually configure the strategy.
Preset assets are a convenient choice for less experienced users or those who want to quickly start trading using a ready-made strategy based on historical data.
Recommendations:

• If you’re trading highly volatile assets (e.g., cryptocurrencies), it’s recommended to choose a strategy with higher risk levels and flexible stop-loss settings.
• For less volatile assets like gold or indices, the strategy should be more conservative.

BTC/USDT:

• Use the preset parameters for trading this pair on short time frames. The algorithm adapts to high volatility and uses aggressive stop-losses and take profits.
• Example settings: Sens = 18, Risk % = 2, SL % = 3, TP1 = 1%, TP2 = 2%, TP3 = 3%.

MANUAL for long-term gold trading:

• Set low sensitivity (Sens = 10) to account for long-term trends.
• Set lower risk (Risk % = 1) and a stop-loss level of 1%, as gold is less volatile.

Sensitivity (Sens) is a parameter that controls how responsive the indicator is to price changes. The higher the sensitivity value, the more responsive the indicator becomes to even minor market fluctuations. This parameter is crucial for adjusting your strategy depending on your trading style, whether it's aggressive short-term trading or conservative long-term investing.

Sens allows users to adjust how the indicator interprets market data. It impacts the frequency of entry/exit signals and the adjustment of other parameters, such as stop-loss and take-profit levels.
Key Functions:

• Higher Sens values make the indicator more responsive to small price fluctuations, generating more trading signals.
• Lower Sens values make the indicator focus only on significant price movements, filtering out smaller fluctuations.

High Sensitivity (Sens = 30-50):

• Ideal for aggressive strategies such as scalping or day trading. The indicator will capture even minor price movements, resulting in more trading signals.
• For example, with highly volatile assets like cryptocurrencies, a higher Sens value will allow you to capture more short-term moves.

Low Sensitivity (Sens = 10-18):

• Suitable for long-term strategies. The indicator will respond only to significant price changes, reducing the number of trades but increasing precision.
• This setting works well with more stable assets like gold or indices, where tracking larger trends is important.

Sens is presented in the indicator settings as a numerical field where users can set the sensitivity level. On the chart, this is reflected by the frequency of trading signals or entry/exit levels.
With high Sens, the indicator will generate more frequent signals, while with low Sens, the signals will be less frequent but more selective.

BTC/USDT:

• Sens = 30 — captures every price movement on a 15-minute chart, making it ideal for short-term trading in a high-volatility market.

Gold (XAU/USD):

• Sens = 12 — filters out small price fluctuations on a 4-hour chart, focusing on long-term trends.

Purpose: Selecting a date allows you to analyze the market in a specific period, starting from the specified time, and apply the indicator based on historical prices.

Data Types: The parameter represents a calendar date. The user can select the exact date (e.g. 2023-01-01) from which the calculation will start.

How it affects strategies:
Backtesting: Allows you to test a strategy on a selected time frame to see how it performs under different market conditions.
Time Frame Tuning: Can help you see how a strategy behaves during specific historical periods, such as times of high volatility or during economic crises.

Recommendations:
Use Start Date to test strategies on historical data before applying them to live trades.
Set the Start Date to cover both periods of market ups and downs.

Example Usage:
Start Date = 2020-03-01: If you want to test how a strategy behaved during market declines due to a pandemic.
Start Date = 2022-01-01: To analyze the strategy during an economic recovery.

The Position parameter in a trading indicator represents how your entry, stop-loss, and take-profit levels are managed and displayed. This parameter allows traders to control and visualize these key elements directly on their chart, giving a clearer picture of their trade management and overall risk exposure. Proper use of this feature ensures that traders maintain a clear understanding of where they are in the market and can make informed decisions on managing open positions.

Position manages the visibility of critical elements of a trade: entry price, stop-loss (SL), and take-profit (TP) levels.
Adjustable Features:

• Show: Displays the entry, SL, and TP levels on the chart for easier visualization.
• Fill: Fills the area between the SL and TP levels, providing a visual cue for how close you are to hitting these levels.
• Risk %: Sets the percentage of the account balance you are willing to risk on a given trade.
• Break-even Target (BE Target): Specifies the take-profit level at which the stop-loss is moved to the entry price to secure a risk-free trade.
• Initial Deposit: This parameter is used to set the initial account balance for risk and trade sizing calculations.

Position includes various numerical and visual settings that influence how your trades are displayed and managed:

• Risk %: A numeric input that defines the percentage of your account balance to risk on each trade.
• BE Target: A numeric level that, when reached, will move the stop-loss to break-even.
• Show and Fill: These are toggle settings that control whether trade levels and filled areas are visible on the chart.
• Initial Deposit: A numeric value representing the starting capital, used to calculate trade sizes and risk.

Position settings directly impact the execution and management of your trading strategy:

1. Risk Management:

• Risk %: This parameter controls how much of your account is at risk in each trade.
• For example, setting Risk % = 2 means that you are risking 2% of your total account balance on the trade.
• Lower risk percentages (1-2%) are recommended for conservative strategies, while higher percentages (3-5%) might be used in aggressive strategies.

1. Break-even Strategies:

• BE Target: Moving a trade to break-even once a certain profit level is reached is a powerful strategy for minimizing risk.
• For instance, setting BE Target = 1 means that after reaching the first take-profit level, your stop-loss will be adjusted to the entry point, securing a risk-free trade.

1. Visualization Strategies:

• Show and Fill: Enabling these features enhances trade clarity by showing exactly where your entry, stop-loss, and take-profit levels are in relation to current price action.
• For visual traders, having these markers and filled areas provides immediate feedback on risk/reward ratios and the trade’s progress.

The Position settings affect how trades are managed and controlled once they are opened:

1. Risk Management:

• Setting an appropriate Risk % is crucial. If too much of your account is risked, even a few losing trades can significantly deplete your capital.
• Best Practice: Use 1-2% for balanced risk. This ensures that you can survive a series of losing trades without depleting your account.

1. Break-even Strategy:

• BE Target is a risk-reduction strategy that adjusts the stop-loss to the entry point when a specific profit target is met. This protects your account from further losses while allowing you to stay in a winning trade.
• Application: Useful for volatile markets where price swings can often turn a profitable trade into a losing one. Moving to break-even helps lock in safety without prematurely exiting the trade.

Position settings can be adjusted through the indicator’s interface, usually under the "Risk" or "Trade Management" sections.
Show and Fill are typically visual toggles that allow traders to display or hide trade levels on the chart.

• Show: Marks your entry, stop-loss, and take-profit points with horizontal lines.
• Fill: Visually fills the space between these lines, providing a clearer indication of how close the price is to your risk and reward levels.

Risk % and Initial Deposit are numerical inputs. They affect not only risk per trade but also how the account size is factored into trade sizing calculations.

BTC/USDT Example (Day Trading):

• Risk % = 2, BE Target = 1, Show = Enabled, Fill = Enabled:
• You’re risking 2% of your account on each trade. Once the first take-profit level is hit, the stop-loss moves to break-even. Visual indicators on the chart provide clear entry/exit levels.

Gold (XAU/USD) Swing Trading Example:

• Risk % = 1, BE Target = 2, Show = Enabled, Fill = Disabled:
• A more conservative setup where you risk only 1% of your capital per trade. The break-even point is triggered at the second take-profit level. You prefer clean charts, so only the key levels are shown without filled zones.

The Stoploss (SL) parameter is one of the most important tools for managing risk in trading. It determines the price level at which a trade will automatically be closed if the market moves against the trader’s position. Setting an appropriate stop-loss level helps prevent large losses and ensures disciplined trading. Proper stop-loss management is essential for maintaining a consistent trading strategy, especially in volatile markets.

Stoploss sets a predefined level where the trade will exit if the price moves unfavorably. This level is expressed as a percentage of the entry price.
Key Functions:

• Fixed Stoploss %: Allows traders to set a specific percentage at which the position will close.
• SL %: Determines the exact percentage difference from the entry price to the stop-loss level.

Purpose: The primary function of Stoploss is to protect the trader's capital by limiting the downside risk on each trade. It ensures that a losing trade is automatically closed before the losses become too large.

The choice of stop-loss is closely tied to your trading strategy:
1. Conservative Strategy:

• A tight stop-loss (e.g., 1-2%) is recommended for conservative traders who prefer minimizing losses. This approach is suitable for less volatile assets or when market conditions are unpredictable.
• Example: If trading a stable asset like gold, setting a Stoploss at 1% ensures that you are protected from major reversals while limiting potential losses.

2. Aggressive Strategy:

• A wider stop-loss (e.g., 3-5%) is better for more aggressive traders or for assets with higher volatility like cryptocurrencies. This approach gives the trade more room to fluctuate before stopping out.
• Example: On a high-volatility pair like BTC/USDT, setting a Stoploss at 4% prevents you from being stopped out by normal price fluctuations while still managing risk.

Tight Stop-loss:

• Ideal for markets with low volatility. A small stop-loss reduces the risk per trade but increases the chance of being stopped out on minor market movements.
• Application: Day traders and short-term strategies often use tight stop-losses to protect their positions in quickly changing markets.

Wide Stop-loss:

• Suitable for volatile markets where price swings are common. A wider stop-loss gives the trade room to breathe, reducing the chance of being prematurely stopped out.
• Application: Swing traders or those holding positions for longer durations may opt for a wider stop-loss to accommodate larger price movements.

Stoploss settings appear in the indicator as a numerical input, where traders can specify the percentage of the stop-loss relative to the entry price.
Fixed Stoploss: If enabled, this feature locks in the stop-loss at the specified percentage and ensures consistency in trade exits.
Visualization on Chart:

• The stop-loss level is typically represented as a horizontal line below the entry price for long positions and above the entry price for short positions.
• Traders can see how far the current price is from the stop-loss level, providing a clear visual cue of how close they are to exiting the trade.

Tight Stop-loss (1-2%) is recommended for risk-averse traders or during periods of low market volatility. It helps minimize losses but increases the likelihood of early exits due to minor price fluctuations.
Wide Stop-loss (3-5%) is suited for more volatile markets or for traders who are willing to tolerate larger price swings in pursuit of larger profits. This approach reduces the chance of being stopped out by normal market noise but comes with the risk of higher potential losses.
Recommendations:

• For beginners or conservative traders, stick to a stop-loss around 2-3% to balance risk and avoid excessive losses.
• In volatile markets, consider using a stop-loss of 4-5% to allow for natural market fluctuations while still protecting your capital.
• Always adjust your stop-loss based on the asset’s volatility and your trading time frame.

BTC/USDT (High Volatility Market):

• SL = 4%: In a highly volatile market like cryptocurrencies, a 4% stop-loss allows enough room for the price to fluctuate without stopping out too soon.

Gold (Low Volatility Market):

• SL = 1%: When trading a stable asset like gold, a 1% stop-loss ensures that you limit your losses while keeping the trade in play during minor price corrections.

Stock Trading Example (Moderate Volatility):

• SL = 2-3%: For stocks like blue-chip companies that show moderate volatility, setting a stop-loss at 2-3% protects your position from unexpected downturns without being overly conservative.

Take Profits (TP) sets the price levels at which a trade will automatically close once a target profit is reached. These levels are typically defined as percentages of the entry price.
Key Functions:

• Multiple Take-Profit Levels: Most indicators allow traders to set multiple take-profit levels (e.g., TP1, TP2, TP3), enabling partial exits at different stages of the trade.
• Take-Profit %: This parameter defines how far from the entry point the trade will close when the price reaches a certain percentage gain.

Purpose: The primary function of take-profit settings is to lock in profits at predetermined levels, ensuring that traders capture gains without waiting for a manual decision. This automation reduces the chance of missing profit opportunities during rapid price movements.

Take Profits (TP) sets the price levels at which a trade will automatically close once a target profit is reached. These levels are typically defined as percentages of the entry price.
Key Functions:

• Multiple Take-Profit Levels: Most indicators allow traders to set multiple take-profit levels (e.g., TP1, TP2, TP3), enabling partial exits at different stages of the trade.
• Take-Profit %: This parameter defines how far from the entry point the trade will close when the price reaches a certain percentage gain.

Purpose: The primary function of take-profit settings is to lock in profits at predetermined levels, ensuring that traders capture gains without waiting for a manual decision. This automation reduces the chance of missing profit opportunities during rapid price movements.

Take Profit % is a numerical value representing the percentage of price movement from the entry point to the target price where the trade will be closed.
Multiple Take Profits can be configured, typically ranging from TP1 (first level) to TP3 (final level), allowing for phased exits at different profit targets.

Take Profits settings directly influence the outcome of your trading strategy by managing how profits are taken:
Short-Term Strategy:

• Smaller TP Levels: For traders focusing on quick, short-term trades, setting smaller take-profit levels (e.g., 1-2%) ensures that profits are captured rapidly during small price movements.
• Example: For a day trader working with volatile assets like cryptocurrencies, setting TP1 = 1%, TP2 = 2%, and TP3 = 3% allows you to lock in gains progressively as the price moves in your favor.

Long-Term Strategy:

• Larger TP Levels: In long-term or trend-following strategies, take-profits are typically set farther from the entry point to capture larger moves.
• Example: Swing traders holding positions over days or weeks might set TP1 = 5%, TP2 = 10%, and TP3 = 15%, aiming to capture larger portions of the market’s movement.

Phased Exits:

• Multiple take-profits allow for partial exits at different stages. This reduces risk by securing some profits early while leaving part of the position open for potential larger gains.
• Example: A trader could take 50% of the position off the table at TP1 (1%), 25% at TP2 (3%), and leave the final 25% for TP3 (5%).

Take-Profit Levels:

• In short-term strategies, quick exits (e.g., TP1) are often used to lock in small profits before the market can reverse.
• In long-term strategies, traders typically aim for higher TP levels, letting the trade develop over time before closing out.

Phased Exits:

• Phased exit strategy: By gradually exiting a trade at multiple take-profit levels, you can balance the desire to lock in early gains while still keeping some exposure to larger market movements. This approach lowers overall risk while maintaining the potential for higher returns.

Risk-Reward Ratio:

• The relationship between stop-loss and take-profit levels is crucial for determining whether a trade is worth taking. A risk-reward ratio of at least 1:2 is typically recommended, meaning the potential profit (TP) should be at least twice the distance from the stop-loss.

Take Profit settings are generally adjusted via numerical inputs, where traders define the percentage levels for TP1, TP2, and TP3.

Visualization on Chart:

• TP Levels are displayed as horizontal lines above the entry price for long trades and below for short trades.
• These lines provide a clear visual representation of where profits will be taken, helping traders monitor progress toward their targets.

Multiple Take Profits: When multiple TPs are set, each level appears distinctly on the chart, showing which percentage of the trade will be closed at each point.

Short-Term Traders:

• For day traders and scalpers, it’s recommended to set lower TP levels (1-3%) to ensure you capture quick profits from short market movements.
• Multiple Take-Profits: Consider using phased exits at different profit levels to lock in gains progressively.

Long-Term Traders:

• For swing traders or investors, higher TP levels (5-15%) are ideal for capturing larger trends.
• Use multiple TP levels to secure partial profits early, while still leaving a portion of the position open for significant moves.

General Recommendations:

• Always align your take-profit levels with the asset’s volatility. For highly volatile markets, keep tighter take-profits, while for more stable markets, aim for larger TP levels.
• Ensure that your risk-reward ratio is at least 1:2 or better to make trades worth the risk.

Cryptocurrency Day Trading (BTC/USDT):

• TP1 = 1%, TP2 = 2%, TP3 = 3%: These levels allow the trader to progressively take profits on a volatile asset, securing gains quickly while still leaving room for potential upside.

Gold Swing Trading:

• TP1 = 5%, TP2 = 10%, TP3 = 15%: For a more stable asset like gold, using higher take-profit levels ensures that the trader can capture larger price movements over days or weeks.

Stock Trading Example:

• TP1 = 3%, TP2 = 6%, TP3 = 9%: For moderate volatility stocks, setting multiple take-profits helps balance early profit-taking with exposure to further gains.

InfoPanels are a tool that provides a clear display of key data and indicators directly on the screen. InfoPanels allow traders to quickly assess current market conditions, important metrics, and performance without needing to check multiple areas of the chart or platform.

InfoPanels display essential information such as:

• Current position status (open/closed positions).
• Performance metrics, including profit/loss.
• Risk management data, such as percentage risked in a trade.
• Indicator values for quick reference, including stop-loss and take-profit levels.

Purpose: The goal of InfoPanels is to simplify data access and improve decision-making by presenting crucial information in a clear, concise format.

InfoPanels are displayed on the chart as overlay panels, making the data visible without obstructing other chart elements.
Typically, the panels are small, yet configurable, allowing the user to decide the placement and size on the screen to best fit their workflow.