Reference Guide

Instructions: If set to TRUE: Alert Box will display with step by step instructions of how to setup iDRAW

Debug: If set to TRUE: displays comments on each pending order including price, stoploss, takeprofit and broker time. Broker time will be displayed for the use of TimeFilter adjustments.

Email: If set to TRUE: An email will be sent at the first pending Order or Market Order (scalpmode) , then when the trade closed.

ScalpMode: If set to TRUE: Market Orders will enter instead of pending order placement. A buy order will enter at the break of the BuyStop_StepUpper. A sell order will enter at the break of the SellStop_StepLower. Adjust StepUpper/StepLower accordingly. Designed for the smallest timeframes and precise entry/exit strategies. i.e. Scalping.

TimeFilter: If set to TRUE, pending order or market order (scalpmode:true) will only enter if momentum activates the orders within the TimeBegin_Hour + TimeBegin_Min. Using TimeFilter can filter out unwanted ranging markets during Asian Session and filter out volatility before a news release. Trades will not enter before TimeBegin or after TimeEnd.

BuyStop_lot: Default at 0.01 lot. Please check with your broker’s minimum lot size and lot Step increments to ensure proper functionality.

BuyStop_StepUpper: StepUpper is a line above your trendline. This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, buystop1. StepUpper value is the distance away from your trendline that you want the pending/market order to enter. For example, if your trendline has acted as resistance several times, you may want the order to enter at your trendline. Therefore, the BuyStop_StepUpper value = 0. If your trendline has not acted as resistance, you may want the order to enter 10 pips above your trendline to avoid a false break out. Therefore, the BuyStop_StepUpper value = 100 ( 10 pips on 5 digit broker) or BuyStop_StepUpper value = 10 ( 10 pips on 4 digit broker). The BuyStop_StepUpper acts as a cushion to prevent false break outs on buy orders.

BuyStop_StepLower: StepLower is a line below your trendline: This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, buystop1. StepLower value is the distance away from your trendline that you want the pending order to be activated. For example, if you are trading the news and expect the market to move quickly, it is best to have the pending order activated before the news release to ensure your order is placed. If your pending order is not activated before the news release, it is possible that the current market price can go through the StepLower line and be too close to the StepUpper line preventing the opening of your pending order. By using pending orders at news releases you can ensure that your order has been entered to the broker and is ready to be triggered. This prevents slippage compared to using ScalpMode (market order) at volatile times. If current market price is above the BuyStop_StepLower, your pending order will be activated. Your pending order will be entered at the BuyStop_StepUpper trendline.

SellStop_lot: Default at 0.01 lot. Please check with your broker’s minimum lot size and lot Step increments to ensure proper functionality.

SellStop_StepUpper: StepUpper is a line above your trendline. This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, sellstop1. StepUpper value is the distance away from your trendline that you want the pending order to be activated. For example, if you are trading the news and expect the market to move quickly, it is best to have the pending order activated before the news release to ensure your order is placed. If your pending order is not activated before the news release, it is possible that the current market price can go through the StepUpper line and be too close to the StepLower line preventing the opening of your pending order. By using pending orders at news releases you can ensure that your order has been entered to the broker and is ready to be triggered. This prevents slippage compared to using ScalpMode (market order) at volatile times.
If current market price is below the SellStop_StepUpper, your pending order will be activated. Your pending order will be entered at the SellStop_StepLower trendline.

SellStop_StepLower: StepLower is a line below your trendline: This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, sellstop1. StepLower value is the distance away from your trendline that you want the pending/market order to enter. For example, if your trendline has acted as support several times, you may want the order to enter at your trendline. Therefore, the SellStop_StepLower value = 0. If your trendline has not acted as support, you may want the order to enter 10 pips above your trendline to avoid a false break out. Therefore, the SellStop_StepLower value = 100 ( 10pips on 5 digit broker) or SellStop_StepLower value = 10 ( 10 pips on 4 digit broker). The SellStop_StepLower acts as a cushion to prevent false break outs on sell orders.

iTakeProfit: All orders entered by iDRAW will include a TakeProfit value. Set accordingly.

iStopLoss: All orders entered by iDRAW will include a StopLoss value. Set accordingly.

Trailing: If set to TRUE, once the current market price is greater than value, Stoploss will be moved by the incremental value. For Example, value is 100 ( 10pips on 5 digit broker) and current order is at 11 pips of profit. At this point, the EA will move your stoploss to Breakeven. If current order is at 12 pips of profit, your Stoploss will be moved to Breakeven +1. If current order is at 15 pips of profit, your stoploss will be moved to Breakeven + 5 and so on.

iTrailingStop: Trailing stoploss incremental value. Once profit is greater than value, stoploss is adjusted accordingly.

SmartTrailing: If set to TRUE, your stoploss will be adjusted by the trending direction plus Average True Range. Optimized for H1 charts and designed to hold a profitable trade that has the potential to follow the long term trends in the FX market. ATR is implemented to tighten the stoploss during consolidation while loosening the stoploss during choppy sessions. No other StopLoss setting are necessary.

StopLossLine: If set to TRUE, you can close buystop1 with trendline sellstop1 or close sellstop1 with trendline buystop1. Designed for Break out Wedge patterns, but can be used in many other ways. For example, buystop1 entered on a breakout and then sellstop1 can be used as a trailing stoploss by placing the trendline from the low to the next higher low. Once momentum stops and reverses, the sellstop1 will close the Buy order and enter a sell order ( if using ScalpMode).

ChangeLineColor: To prevent multiple entries with the same trendline, once an order is entered, that trendline will change to this color. This feature can be used as a quick reference of what trendlines were activated and what trendlines have not been activated.
MaxLines: Default is 5 lines. You can place 5 buystop orders and 5 sellstop orders, without the need to adjust this setting. Therefore you can enter buystop1, buystop2, buystop3, buystop4, buystop5 and sellstop1, sellstop2, sellstop3, sellstop4, sellstop5. All can be used once per chart. If you have the need for more entry points, you must increase the MaxLines to your desired value. All active Trendlines will display StepUpper and StepLower dashed lines. If you do not see these lines, your MaxLines must be increased.

MagicOrderNumber: MagicOrderNumber value plus the trendline number for Buy orders and MagicOrderNumber value subtract the trendline number for Sell orders. Therefore, MagicNumber equals MagicOrderNumber # + Trendline # for Buy Orders.. If your MagicOrderNumber value is 100 and you have 10 buystop Trendlines, your magic numbers will be 101,102,103-110. If your MagicOrderNumber value is 100 and you have 10 sellstop Trendlines, your magic numbers will be 99,98,97-90.. You must change the magic numbers if you choose to use iDRAW on multiple charts with the same Currency pair. If one chart uses SmartTrailing and another chart uses Trailing on the same currency pair, you must change the magic numbers in a Block formation. For example, chart one MagicOrderNumber = 100, chart two MagicOrderNumber = 200, and chart three MagicOrderNumber = 300. By using this block formation, your expert advisor can be used on as many charts neede for the same currency pair.

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Display If set to TRUE: Colored Box is displayed behind comments for easier reference to comments

BackGround.Color Choice of Color for Display Box

Comments If set to TRUE: Displays the comments

Instructions: If set to TRUE: Alert Box will display with step by step instructions of how to setup iDRAW

Debug: If set to TRUE: displays comments on each pending order including price, stoploss, takeprofit and broker time. Broker time will be displayed for the use of TimeFilter adjustments.

Email: If set to TRUE: An email will be sent at the first pending Order or Market Order (scalpmode) , then when the trade closed.

ScalpMode: If set to TRUE: Market Orders will enter instead of pending order placement. A buy order will enter at the break of the BuyLimit_Trigger. A sell order will enter at the break of the Selllimit_Trigger. Adjust Trigger lines accordingly. Designed for the smallest timeframes and precise entry/exit strategies. i.e. Scalping.

TimeFilter: If set to TRUE, pending order or market order (scalpmode:true) will only enter if momentum activates the orders within the TimeBegin_Hour + TimeBegin_Min. Using TimeFilter can filter out unwanted ranging markets during Asian Session and filter out volatility before a news release. Trades will not enter before TimeBegin or after TimeEnd.

BuyLimit_lot: Default at 0.01 lot. Please check with your broker’s minimum lot size and lot Step increments to ensure proper functionality.

BuyLimit_Trigger: Trigger is a line closest to your trendline. This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, buylimit1. Trigger value is the distance away from your trendline that you want the pending/market order to enter.

BuyLimit_Activate: Activate is the line further away from your trendline: This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, buylimit1. Activate value is the distance away from your trendline that you want the pending order to be activated. Your pending order will be entered at the BuyLimit_Trigger trendline value.

SellLimit_lot: Default at 0.01 lot. Please check with your broker’s minimum lot size and lot Step increments to ensure proper functionality.

SellLimit_Activate: Activate is the line further away from your trendline: This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, selllimit1. Activate value is the distance away from your trendline that you want the pending order to be activated. Your pending order will be entered at the SellLimit_Trigger trendline value.

SellLimit_Trigger: Trigger is a line closest to your trendline. This line is automatically drawn on the chart once you have drawn your first trendline and labeled that trendline, Selllimit1. Trigger value is the distance away from your trendline that you want the pending/market order to enter.

ReplaceTPatChannel: If set to TRUE, You can use the opposite Trendline as a Take Profit Value. For Example, you draw a Price Channel and a Sell order is entered at the top of your channel, then the take profit value would be the bottom of the channel. If a Buy order is opened, a Take Profit value will be modified to the top of the channel. These Take profit Values are equal to the Corresponding Trigger lines and not your Trendline value unless the Trigger Line Value is set to zero (0). Take profit values will update with each new Candle/Bar to ensure the most accurate value.

iTakeProfit: All orders entered by iDRAW will include a TakeProfit value. Set accordingly.

iStopLoss: All orders entered by iDRAW will include a StopLoss value. Set accordingly.

Trailing: If set to TRUE, once the current market price is greater than value, Stoploss will be moved by the incremental value. For Example, value is 100 ( 10pips on 5 digit broker) and current order is at 11 pips of profit. At this point, the EA will move your stoploss to Breakeven. If current order is at 12 pips of profit, your Stoploss will be moved to Breakeven +1. If current order is at 15 pips of profit, your stoploss will be moved to Breakeven + 5 and so on.

iTrailingStop: Trailing stoploss incremental value. Once profit is greater than value, stoploss is adjusted accordingly.

SmartTrailing: If set to TRUE, your stoploss will be adjusted by the trending direction plus Average True Range. Optimized for H1 charts and designed to hold a profitable trade that has the potential to follow the long term trends in the FX market. ATR is implemented to tighten the stoploss during consolidation while loosening the stoploss during choppy sessions. No other StopLoss setting are necessary.

ChangeLineColor: To prevent multiple entries with the same trendline, once an order is entered, that trendline will change to this color. This feature can be used as a quick reference of what trendlines were activated and what trendlines have not been activated.

MaxLines: Default is 5 lines. You can place 5 buy orders and 5 sell orders, without the need to adjust this setting. Therefore you can enter buylimit1, buylimit2, buylimit3, buylimit4, buylimit5 and sellslimit1, selllimit2, selllimit3, selllimit4, selllimit5. All can be used once per chart. If you have the need for more entry points, you must increase the MaxLines to your desired value. All active Trendlines will display Trigger and Activate as dashed lines. If you do not see these lines, your MaxLines must be increased.

MagicOrderNumber: MagicOrderNumber value plus the trendline number for Buy orders and MagicOrderNumber value subtract the trendline number for Sell orders. Therefore, MagicNumber equals MagicOrderNumber # + Trendline # for Buy Orders.. If your MagicOrderNumber value is 100 and you have 10 buystop Trendlines, your magic numbers will be 101,102,103-110. If your MagicOrderNumber value is 100 and you have 10 sellstop Trendlines, your magic numbers will be 99,98,97-90.. You must change the magic numbers if you choose to use iDRAW on multiple charts with the same Currency pair. If one chart uses SmartTrailing and another chart uses Trailing on the same currency pair, you must change the magic numbers in a Block formation. For example, chart one MagicOrderNumber = 100, chart two MagicOrderNumber = 200, and chart three MagicOrderNumber = 300. By using this block formation, your expert advisor can be used on as many charts neede for the same currency pair all with different setting.

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