✅ Basic Information & Restrictions

• Demo Account Only: The bot stops if running on a live account, enforced via Account.IsLive.

🔧 Parameters

Money Management

• MaxOpenPositions: Maximum number of simultaneously open positions.
• LotSizingMode: Lot calculation mode (Fixed / Balance-based / Peak balance-based).
• RiskPercentage: Percentage of account balance to risk per trade.
• FixedLotSize: Fixed lot size (when selected).

Trading Strategy

• DonchianPeriod: Period for Donchian Channel.
• SlMultiplierBuy/Sell: Stop-loss multiplier based on ATR (Buy/Sell).
• Tp1MultiplierBuy/Sell: Initial take-profit multiplier.
• TrailMultiplierBuy/Sell: Trailing stop multiplier.

Filters

• AtrPeriod: Period for ATR indicator.
• EnableAdxFilter: Enables ADX-based filtering.
• AdxPeriod, MaxAdxValue: ADX settings and threshold.

Cool-Down (Drawdown Management)

• EnableCoolDown: Enables temporary pause after losses.
• MaxLosses: Max consecutive losses allowed before pause.
• CoolDownHours: Number of hours to pause trading.

🧠 Strategy Logic

OnStart()

• Initializes indicators (Donchian, ATR, ADX).
• Checks for demo account only.
• Registers event handler for position closures.

OnBar()

• On each new bar:
• • Skips if cooling down or positions already exist.
  • Skips if ADX is above threshold (strong trend).
  • Otherwise, calls HandleEntry() to evaluate signals.

HandleEntry()

• Fade Breakout Logic:
• • If price breaks above the Donchian high then closes below → Sell
  • If price breaks below the Donchian low then closes above → Buy

ProcessOrder()

• Calculates SL/TP using ATR.
• Determines lot size via GetVolume().
• Executes market order using ExecuteMarketOrder().

ManagePositions()

• If initial TP is hit: closes half the position and moves SL to break-even.
• If no TP is set: applies trailing stop based on ATR multiplier.

GetVolume()

• Calculates volume based on selected lot sizing mode:
• • Fixed lot
  • Risk % of current balance
  • Risk % of peak balance

OnPositionClosed()

• Increments consecutive loss count.
• If losses exceed threshold, initiates cooldown period.

📊 Strategy Summary

• Fade Breakout Style: Reacts to Donchian breakouts by trading reversals.
• Uses ATR to adapt SL/TP and trailing stop to volatility.
• ADX Filter avoids trading in overly strong trends.
• Cool-down mechanism helps protect capital after consecutive losses.