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In EmoGuardian all risk parameters are set by using the initial Graphic interface (GUI). This ensures that, some consistency checks are performed before loading the risk parameters.

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LET’S START! SET YOUR PARAMETERS

The first time you install the EA there will be no previous settings and all the fields of the tabs will be empty. You can just set the risk parameters as desired and press the update button when you are done. There is no room for misunderstanding about the parameters in use since they are visible in the interactive GUI interface.
  1. Load the EAs with the interactive GUI.
  2. Set the risk parameters on each tab of the interactive GUI.
  3. Update the parameters by clicking on the Update Parameters button.
  4. Activate EmoGuardian by switching the On / Off button on the top right corner.
After completing the initial four steps, if no warnings are encountered, the three central buttons will transition to blue, indicating that EmoGuardian is functioning correctly. At this stage, if you want, you can hide the “Interactive GUI” by clicking on Hide Interactive Panel! button to switch to the “Light GUI” mode. In subsequent installation of the EA, the first of the 3 warning labels in the center will say “Parameters Not Updated Yet” , this means that unless you change and update parameters, you will be using the same parameters of the previous installation. The first time you install the EA there will be no previous settings and all the fields of the tabs will be empty. You can just set the risk parameters as desired and press the Update Parameters button once you are done. For a thorough description of the GUI, check this section.

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Initial input variables

The input section is only meant to setup the mobile notification settings and the background notification system.

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Mobile Phone Notification Options

The notification options allow you to decide which notifications to receive on your mobile phone. Any operation taken by EmoGuardian to reduce size, flatten trades, closing trades partially etc. is reported on the Light GUI, however it might be annoying to receive mobile notifications for every operation. Thus, you can choose these three options:
  1. Not receiving notifications at all.
  2. Receiving only Main notifications (these are notifications about reaching any level of min/max equity or min/max loss that appear on the “Daily Limits” tab or in the “Time Ranges” tab.
  3. Receiving all notifications.
In other words, by choosing option 2, you will not be notified when a position size is reduced, or a single trade is flattened because it exceeds a risk value. Installation

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Standard background color

The color parameters specified here will only take effect when the ‘Use background colors to signal trading state’ option is selected in the interactive GUI. When enabled, the chart background will visually represent the current trading situation using distinct colors. If you use the default parameters, the background will turn: Red> means no trade is allowed. Blue> if there are any limitations. Green> means there is no active limitation in place. Installation

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The telegram remote controller

For a thorough explanation of how to use the telegram remote controller, please refer to the FAQ section here