Soft Manager

THE BITCOIN CORE – USER MANUAL & CONFIGURATION GUIDE


Expert Advisor for BTCUSD (Bitcoin)
Developed by Eriksson Systems

βœ… 1) BASIC SETUP (LIVE TRADING)

βœ… 2) BACKTESTING SETTINGS (IMPORTANT)

To get realistic results, use these settings:

Recommended Test Period

πŸ“Œ 2018 β†’ Present (if your broker has the data)

Recommended Modeling Method

πŸ“Œ 1 Minute OHLC (Open/High/Low/Close)

Do NOT use:

  • Every Tick

  • Real Tick Data

Reason: tick data often contains incorrect spreads/gaps and differs heavily between brokers.
The EA is designed to calculate trades on new M1 candle openings, so tick testing gives no benefit.


⚠ If Your Backtest Looks Different Than EA Page Results

This is usually caused by:

  • bad broker spread/commission data in tester

  • poor quality historical feed

  • using tick modeling instead of M1 OHLC

Also recommended:
πŸ“Œ Backtest risk based on Starting Balance / Fixed Balance
(not equity-based), to get a more stable and realistic performance view.


βœ… 3) MAGIC NUMBER & COMMENT

  • Always use a unique Magic Number

  • If using multiple EAs, each EA must have a different magic number

  • Prop firms: use a custom trade comment (optional but recommended)


βœ… 4) RISK SETTINGS

Prop firms:
πŸ“Œ Low risk recommended

Portfolio use (multiple EAs):
πŸ“Œ Use manual risk and equal weighting (example: 1% per EA)


βœ… 5) EXIT MODELS

The EA uses 3 exit styles for diversification:

  • Trailing stop (main exit)

  • Take profit (some trades)

  • Time-based exit (some trades)

πŸ“Œ Recommended: keep all enabled (default).


βœ… 6) TIME FILTER

Time filter options:

πŸ“Œ Recommended: Standard

Strict = fewer trades but higher selectivity.
OFF = more trades.

⚠ Time filters are optimized for brokers using GMT+2 / GMT+3.
If your broker uses another timezone: use Time Filter OFF.


πŸ›‘ 7) DAILY DRAWDOWN PROTECTION (PROP FIRMS)

πŸ“Œ Recommended: Enable Daily Drawdown Protection

Set your max daily loss below the prop firm limit.
Example: if prop firm allows 5% daily loss β†’ set 4%.

This will close all trades (including other EAs) to protect the account.


πŸ“… 8) FRIDAY CLOSE OPTION

Enable only if:


πŸ’° 9) MINIMUM BALANCE

Very small accounts (example $200) are not recommended.


βœ… QUICK RECOMMENDED SETTINGS (BEST DEFAULT)

βœ” BTCUSD
βœ” M30 timeframe
βœ” Low risk (prop firms)
βœ” Time filter = Standard
βœ” Daily DD protection = ON
βœ” Backtest from 2018+
βœ” Modeling = 1 Minute OHLC
βœ” Unique magic number per EA


DISCLAIMER

Trading involves risk. The Bitcoin Core can experience losing periods. Past results do not guarantee future performance. Always test on demo and use proper risk settings.



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