====== MQL Options ======

===== Introduction =====

These options set the exported Expert Advisors' parameters.

You can later review or change these parameters when you attach the Expert to a MetaTrader chart.

===== Entry Protections =====

The Entry Protections can prevent the opening of a new position when activated.

  * **Max spread (points)** - prevent an entry if the current spread is higher than the set value. Her "point" means a change of the least significant price digit.
  * **Max open positions** - prevent entry if we already have such a count of open positions in this trading account.
  * **Max open lots** - similarly to the previous option, it prevents entry if we already have such or a higher number of open lots.

===== Daily Protections =====

These options are suitable for Prp-firm's accounts because they terminate a challenge if the account exceeds particular values.

When such protection is activated, it closes the current open positions and suspends trading until midnight.

  * **Maximum daily loss (currency)** - the maximum daily loss of the account measured in the Account's currency.
  * **Maximum daily drawdown %** - the maximum drawdown per cent for the last 24 hours.


===== Account Protections =====

The Account Protections close all open positions and suspend the algorithmic trading.

  * **Minimum equity (currency)** - activates when the account reaches this value.
  * **Maximum equity drawdown %** - activates when the curent drawdown reaches this value.
  * **Maximum equity (currency)** - activates when the account reaches this value. (Suibale for Prop-firms)

===== News Filter =====

Prevents the opening of new positions shortly before news and resumes trading after the news.

  * **News priority** - select which news can suspend our entries:
    * **News filter disabled** - no news can prevent new entries.
    * **High news filter** - only the "High" priority news can stop new entries.
    * **High and medium news filter** - news with "High" and "Medium" priority can prevent a new position from opening.