Adjusting Hedge Bot Settings

In this article, we’ll guide you through the process of adjusting your HedgeBot settings in Titan. Understanding these settings is crucial for effective use of the HedgeBot and ensuring that it operates correctly with your prop firm account or live account.

1. Right-Click the Chart:
   When HedgeBot is on the chart in MetaTrader 5 (MT5), right-click the chart.

2. Go to Expert List:
   From the dropdown, select Expert List and click on Properties for Titan HedgeBot.
   
   

1. Validation Email:

   • Enter your validation email, which should be the email used for your BlueEdge account.

2. Operation Mode:

   • Ensure that your Operation Mode is set according to your account:
     • If on a live account, set it to Receiver.
     • If on PropMT5 or DemoMT5, set it to Sender.

3. Magic Number:

   • The Magic Number allows different HedgeBots to communicate with each other. It is essential that both bots (Sender and Receiver) share the same Magic Number.
   • Example: If you set the Magic Number to 520 on the Sender, it must also be 520 on the Receiver for them to connect successfully.

4. Prefix and Suffix:

   • If your account uses different prefixes or suffixes for symbols (e.g., XAUUSD.PRO or PRO.XAUUSD), you must adjust these settings:
     • For suffixes, input the suffix (e.g., .PRO).
     • For prefixes, input the prefix (e.g., PRO.).
       
       

1. Dynamic Lots:

   • This option dynamically sets the lot size based on your current balance and other factors.

2. Dynamic Recover Amount:

   • Use this to help recover a specific amount of funds. For example, if your challenge cost was $387.26, input that amount to recover it dynamically.
     
     

1. Max Loss Limit:

   • Input the maximum loss limit for your challenge account. For example, a $100,000 challenge typically has a max loss limit of $10,000.

2. Challenge Account Size:

   • Enter the size of your challenge account. If it’s a $100,000 account, input $100,000. For other account sizes, input the appropriate amount (e.g., $50,000, $25,000, etc.).
     
     

1. Enable Start Balance on Restart:
   • Set this to True to remember your balance in case HedgeBot disconnects or your VPS restarts. This ensures that your balance and trades remain accurate after any disruption.
     
     

1. Set a Custom Balance:
   • You can adjust the custom balance to match your desired starting balance. For example, if your starting balance is $3,584, input that amount as the custom balance.
   • If necessary, you can also reset the balance.
     
     

1. Use Symbol Map:
   • This setting is typically not required and should be set to False. Therefore, Map 1 and Map 2 are not needed.
     
     

Adjusting your HedgeBot settings is essential for ensuring smooth communication between accounts and maintaining accurate balances. By following these steps, you can customize HedgeBot to suit your needs, whether it’s for recovering challenge fees or managing account settings. If you encounter any issues, feel free to contact BlueEdge technical support for assistance. Good luck trading!

To see a detailed walkthrough of this process, watch the video tutorial below:
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LOOM VIDEO LINK: 

https://www.loom.com/share/5a1cad988f1547d8aebdec19dba6b7f0
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