Ricochet

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552987

Suggested range

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The ID the EA stamps on its own orders so it never touches positions it did not open. Change it only if another EA on the same account happens to use the same number.

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3

Suggested range

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How far (in pips) a market order may fill from the requested price before it is rejected. Three pips is a working default for EUR/USD; it does not affect the backtest.

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true

Suggested range

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The setup is evaluated once per closed M5 bar. The published record was measured this way; turning it off lets the same condition fire repeatedly inside a single bar.

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7

Suggested range

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The RSI length read on the bar that closes outside the band. Seven is deliberately short — the EA is looking for a spike, not a trend.

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0

Suggested range

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0 = close price, the measured setting.

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7

Suggested range

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The RSI length read on the bar that closes back inside the band. It uses the same length as the outside bar so the two readings are directly comparable.

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0

Suggested range

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0 = close price, matching the other RSI.

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500

Suggested range

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The 500-bar centre line of the Bollinger band. On M5 that is roughly 1.7 days of price, and a buy is only allowed while the returning bar closed below it.

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2.0

Suggested range

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The centre line itself does not use the deviation, but the value is kept identical to the other bands so all five readings come from one band definition.

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0

Suggested range

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0 = close price, the measured setting.

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500

Suggested range

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Length of the band read on the bar that leaves the range downward. Same 500 bars as every other band on this build.

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2.0

Suggested range

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Two standard deviations. Widening it makes the setup rarer, narrowing it lets ordinary noise qualify as a stretch.

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0

Suggested range

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0 = close price, the measured setting.

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500

Suggested range

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Length of the band read on the bar that returns. It is a separate reading from the outside bar because the band itself moves between the two bars.

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2.0

Suggested range

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Two standard deviations, matching the outside bar so the same line is used for leaving and for coming back.

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0

Suggested range

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0 = close price, the measured setting.

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500

Suggested range

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The mirror of the lower-band reading, used for the short side. Same 500 bars.

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2.0

Suggested range

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Two standard deviations, symmetric with the long side.

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0

Suggested range

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0 = close price, the measured setting.

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500

Suggested range

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The short-side mirror of the lower return band. Read on its own bar for the same reason.

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2.0

Suggested range

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Two standard deviations, matching the rest of the build.

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0

Suggested range

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0 = close price, the measured setting.

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0.1

Suggested range

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A fixed lot for every position — it never scales with equity and never increases after a loss. The published record used this size on a 10,000 USD balance.

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52

Suggested range

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The stop attached to a long the moment it is sent, in pips. It is never moved, so a losing long costs about this much and no more.

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52

Suggested range

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The target on a long, the same distance as the stop. The edge has to come from being right more often than wrong, not from a wider payoff.

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52

Suggested range

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The stop attached to a short, mirroring the long side exactly.

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52

Suggested range

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The target on a short, the same distance as its stop.

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1

Suggested range

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One position at a time. A new setup is ignored while a trade is open, which is what keeps a bad stretch from turning into a stack of correlated losses.