Panel settings explained

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Grid tab

Controls the doubling basket itself: how it starts, how far apart the orders sit, and when it's allowed to open a new one.

• Start lot — the size of the very first order in a basket. Every following order doubles from this, so this one number effectively sets the size of the whole basket.
• Orders in grid — the maximum number of doublings before the basket stops adding new orders (the "ceiling" order count).
• Grid step, $ — the price distance between one order and the next.
• New baskets, server hour — the hours (in the broker's server time) during which Midas is allowed to start a brand-new basket. Outside that window it keeps managing whatever basket is already open, but won't start another.

The tab also shows the arithmetic for your current settings directly: the full grid's total lot size, the loss at the last order if price never turns back, and the room left (in dollars of price movement) after all orders are filled before the account would be forced out. Change a number and those three lines update immediately — before you apply anything.

The same arithmetic for any settings, order by order: grid & stop-out calculator.

Autolock tab

Controls whether — and when — the lock arms itself, without you pressing the button by hand.

• Arm condition — off, or trigger by basket loss in dollars, by order number, or by remaining room to a stop-out.
• Threshold — the specific number for whichever condition you picked (e.g. "arm at −$300").
• How much to lock — a fraction of the basket (1/4, 1/2) or the whole thing (1:1).
• Warn before — an optional earlier heads-up (an alert, not an action) before the lock arms.

This tab also holds the reduce-while-locked settings: once a lock is standing 1:1, you can define a docup lot and a target to reduce the whole locked position down to, in small steps, instead of releasing it all at once.

Exit tab

Controls how a basket closes once it's in profit.

• Close the whole series — a target for the series total (floating basket + lock + anything already realized combined) that, once reached, closes everything.
• Take-profit & trail follow series total (advanced) — whether the trailing exit tracks the combined series number rather than just the raw basket.

Alerts tab

Controls what gets pushed to you and where.

• Where to send signals — Sound (a pop-up with a sound in the terminal), Phone (a push notification) or Both. See Phone notifications: step-by-step setup for how to set up the phone side.
• Signal at order (0 = off) — get a push once the basket reaches a specific order number, so you find out it's getting deep before you'd otherwise check.
• New adverse peak / Reversal from peak / Price back to lock — event-driven alerts around how far price has moved against a standing lock.

The rule: balance behind the lot

Every Grid-tab number above (start lot, step, order count) comes down to one question: how much room does your balance leave after the last order? The room depends on the lot, the number of orders, the step and the leverage; there is no fixed recommended amount — the grid calculator works it out for your own settings. The table is the calculator at its defaults (cent account, base lot 0.01, 11 orders doubling the lot, step $1.95, leverage 1:2000, stop-out 40%, gold around $4,170): the first column is the balance, the last is how far price can still go against the grid once all 11 orders are open. Twice the lot needs twice the balance for the same room. None of these balances rules out a stop-out — see Risk, plainly.

How to limit risk: protection and filters