README for WUKAR_WB EA_Trail_v1_7.ex4
===========================================================

DISCLAIMER: This EA is free. We do not assume any liablities out of using this
EA. Use it at your own risk. If you are using this EA it means you have agreed
to the above terms.
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This readme is for providing additional documentation to users of WUKAR_WB EA.
We will illustrate the usage in a typical SELL order. Please reverse for BUY. The
purpose of the EA is to perform many functions in stealth mode.

SECTION A ( STOP LOSS )
------------------------------------------
This is one of the main reason why this EA exist. Several traders complain of
notorious brokers, who are involved in Stop Loss hunting.
We will determine many of the other functions with the Risk you specified in PIPS.
This avoids extensive inputs from your side. Also it helps to visualise everything
in relation to the Risk you are willing to take for the trade. Hence StopLossPips
is mandatory.

HIDDEN STOP LOSS   ---------------------------------------------------------------------------


SELL ORDER         ---------------------------------------------------------------------------


SECTION B ( HARD STOP )
----------------------------------------
This is your emergency stop to save you from loss on power outage. Major news
release etc. Ideally this emergency stop should not be hit. It just serves you from
having major drawdown in the rarest of rare occations. This is mandatory because
we calculate many function from this emergency stop loss.

ACTUAL STOP LOSS  ---------------------------------------------------------------------------



HIDDEN STOP LOSS   ---------------------------------------------------------------------------


SELL ORDER         ---------------------------------------------------------------------------


SECTION C (TAKE PROFIT)
------------------------------------------
This is the reward you expect for your trade. Expressed in  no of times your
risk. WUKAR uses 1:1/2 Risk:Reward ratio. Set this to False is you want your 
profits to run.
Add commission is in Pips. You can roughly work out the commission your
broker charges you for the Order plus differncence in fills. Commission is
expressed in PIPS. This simply added to your Take Profit has no effect
if you set Hide Take Profit to false.

ACTUAL STOP LOSS  ---------------------------------------------------------------------------



HIDDEN STOP LOSS   ---------------------------------------------------------------------------

SELL ORDER         ---------------------------------------------------------------------------


HIDDEN TAKE PROFIT  ---------------------------------------------------------------------------



SECTION D (BREKEVEN)
-------------------------------------
Breakeven is expressed in PIPS and do not set if you are afraid your broker
will hunt the stop. Breakeven overrides emergency stop and sets a hard strop
once order becomes profitable

SELL ORDER        ---------------------------------------------------------------------------
ACTUAL STOP LOSS  ---------------------------------------------------------------------------
                                                        |
                                                        |
                                                        v
                                                      price
HIDDEN TAKE PROFIT  ---------------------------------------------------------------------------


SECTION E (TRAIL STOP)
--------------------------------------
- Trail Stop can be used to reduce loss by preventing hitting of hidden SL by
setting OnlyProfit to False.
- It can be used to increase your wins by preventing profit trades from becoming
a loss by setting setting EnableTrail to true.
- It can be hidden all the time by setting HideTrail to false.
WARNING: Setting trail stop can vastly create differene for the trade. For example
if you did not set Trail Stop, you may have hit Take Profit. 


ACTUAL STOP LOSS  ---------------------------------------------------------------------------


HIDDEN STOP LOSS   ---------------------------------------------------------------------------




SELL ORDER         ---------------------------------------------------------------------------
                                                        |
HIDDEN TRAIL STOP   ---------------------------------------------------------------------------
                                                        |
                                                        v
                                                      price
HIDDEN TAKE PROFIT  ---------------------------------------------------------------------------

Happy Trading !

