5d • 📢 Announcements
Magic Box EA — Settings Presets Now Available
I've just added a new section to the classroom that I think is going to make a big difference for a lot of you - especially those who are still figuring out what all the settings actually do and how to dial them in for your situation.
What's in there
I've put together some settings presets — from absolute beginner right through to advanced virtual SL trading. Each one is a .set file you can load directly into the EA in about 10 seconds, no manual input hunting required.
But more importantly, each preset comes with four things:
a) What the settings actually mean.
Not just a list of values — a plain-English explanation of how that combination of settings works, why I chose those specific numbers, and what the trade-off is between them. If you've ever wondered why the EA behaves differently on different days, understanding the settings is the answer.
b) Honest pros and cons.
Every preset has genuine trade-offs. The simple fixed 1:3 preset is easy to understand but leaves money on the table when price runs past 3R. The trending preset lets winners run but gives back more profit before closing. The ranging preset locks in quick profits but exits too early in a trend. I've written both sides out honestly for each one so you can make an informed choice rather than just loading the one that sounds best.
c) What you might want to adjust next.
This is the part I'm most happy with. Each preset includes a "Want to take it further?" section — one, two, or three specific things you could add or change once the preset feels comfortable. Not a list of every possible setting, just the next logical step for that particular approach. The idea is a progression path, not an overwhelming set of options all at once.
d) The .set file itself.
Load it in MT5, paste your licence key and magic number, and you're running. The settings section in each preset also shows you the exact input label and section header from the EA — Section 1, Section 2, Section 3, and so on — so if you want to find and change something manually, you know exactly where to look.
Before you dive in — important context: These presets are starting points, not guarantees.
There is no setting combination that wins every trade, protects against every drawdown, or suits every market condition and every personality. Anyone telling you otherwise is not being straight with you.
What these presets do is give you a sensible, tested starting configuration for a particular style of trading — conservative, aggressive, trend-following, range-trading, manual entries, or somewhere in between. They remove the paralysis of staring at 40 inputs and not knowing where to start.
Your job from there is to:
- Run it on demo first — always, without exception
- Watch what happens — not just profits, but how it behaves in drawdown, how BE and trail fire, how different sessions affect results
- Notice what doesn't feel right — too tight, too loose, too much risk, not enough protection — and use the "take it further" suggestions to adjust one thing at a time
- Only go live when nothing surprises you — when you've seen the preset behave in both winning and losing conditions and your reaction to both is calm
The presets are calibrated around standard settings and standard market conditions. Your broker, your account size, your risk tolerance, and the specific market you're trading in will all affect how they perform. That's not a disclaimer to skip past, it's genuinely important context for what you're looking at.
Where to find them
The document walks you through the foundational concepts first — what a stop loss is, what R means, how breakeven and trailing actually work, what lot size does and why it changes between trades — and then goes into each preset in full.
If you're completely new, start with the concepts section before loading anything. If you've been running the EA for a while and just want to try a different approach, jump straight to the preset that sounds like your style and read the pros, cons, and "take it further" section before loading it.
Drop any questions in the comments below. If a setting doesn't make sense, if a preset doesn't behave how you expected, or if you want a recommendation based on your situation — ask. That's what this community is for.
These settings presets are provided for educational purposes. Past performance of any setting combination is not indicative of future results. All trading involves risk.
6
5 comments
Magic Box EA — Settings Presets Now Available
powered by
Suggested communities
Powered by