CLOUDPips Hoshi Setup Guide

This guide goes through Hoshi's Inputs tab, group by group. Just starting? Load Default.set and change only RiskPercent: every default is the setting we backtested.

Start Hoshi in 3 steps

Attach Hoshi to an XAUUSD chart set to D1. The chart's timeframe only affects how the chart loads: Hoshi reads the timeframes it needs by itself
Rented on cloudpips.io: paste your License Key (it starts with CPH-) into License_Key, the first row of the Inputs tab. It's in My licenses (bought on MQL5? skip this)
Load Default.set with Load in the Inputs tab (choose and download a preset)

Every signal the bot skips is printed in the Experts tab with the reason.

Every setting in the Inputs tab

In the same order as MT5's Inputs tab. Every default is the setting we backtested. If you change a strategy setting, run your own backtest first.

Setting	Default	What it does
`License_Key`	empty	Your License Key from cloudpips.io, pasted with no spaces before or after (rented version only; the MQL5 version doesn't have it)
`TradeDirection`	BOTH	Which side may trade: both, buy only, or sell only
`Entry1_Breakout_H4`	true	Entry 1 (main): trade a break of the H4 high or low. No fixed take profit: the stop follows the trend, and the trade closes when the trend turns
`Entry2_Breakout_H8`	true	Entry 2: an H8 breakout, with a wider stop, held longer than entry 1
`Entry3_Breakout_D1`	true	Entry 3: a D1 breakout, adding a trade when the first is in profit
`Entry4_Trend_M5`	true	Entry 4: trade with the trend on M5. It takes part of the profit early, moves the stop to break-even, then trails the profit
`Entry5_Trend_M15`	true	Entry 5: trade with the trend on M15, managed like entry 4. All 5 entries can hold trades at once, so the total risk can be several times `RiskPercent`. Turning an entry off = fewer trades, and results that differ from the backtests
`Enable_Kaze_Filter`	true	Wind filter: trade only when the market is active enough, skipping signals in a quiet market. The current Kaze level is on the panel
`Kaze_Min`	1.0	Minimum activity: 1.0 = as active as usual for that time of day. Higher = fewer trades
`Kaze_Require_Rising`	false	The activity must also be rising
`RiskPercent`	1.0	The main one to change. Risk per trade as a % of balance: roughly what a stop loss costs. Default.set uses 1, Aggressive.set 2. If the balance is so small that the lot falls below your broker's minimum, Hoshi uses the minimum lot, so the real risk is higher (use a Cent account for small balances)
`Fixed_Lot`	0.0	A fixed lot size instead of `RiskPercent` (0 = use `RiskPercent`)
`Max_Lot`	0.0	The largest lot per trade (0 = no limit)
`Use_SL_TP`	true	Leave it at `true`: every trade has its own stop loss, as in every preset. `false` = an experimental basket mode: trades open without a stop loss and close only all together
`Basket_TP_Pct`	0.0	Basket mode only: close all trades when their open profit reaches this % of balance
`Basket_SL_Pct`	0.0	Basket mode only: close all trades when their open loss reaches this % of balance (0 = off)
`Max_Open_Positions`	0	Basket mode only: the most trades open at once (0 = no limit)
`Enable_EquityTP`	false	Close all positions at once when combined open profit reaches a target, then keep trading. It watches the whole account, so other bots' trades count too
`Internal_EquityTP_Pct`	0	The open-profit target as a % of balance
`Enable_TargetProfit`	false	Stop trading when profit reaches a target: Hoshi closes all its trades and stops until you restart it from the panel
`TargetProfitPct`	0.0	The profit target as a %, from the balance at the start of the cycle
`Enable_DrawdownCut`	false	Emergency drawdown cut: close all trades and stop the bot. A last safety net; if you turn it on, set it at a level you can genuinely live with
`MaxDrawdownPct`	0.0	The open loss, as a % of balance, that triggers the cut
`Enable_AutoLimit`	false	Limit how many positions can be open at once
`Max_Buy_Trades`	8	Most buy positions
`Max_Sell_Trades`	8	Most sell positions
`Enable_DailySLLimit`	false	Stop for the rest of the day after a number of stop losses (days follow your broker's server time)
`Max_Daily_SL_Hits`	0	Most losing trades per day
`Enable_DailyTPLimit`	false	Stop for the rest of the day after a number of winners
`Max_Daily_TP_Hits`	0	Most winning trades per day
`Enable_DistanceFilter`	false	Don't open a new trade too close to an existing one
`Min_Distance_Points`	1000	Minimum distance from an open position (points)
`Structure_Timeframes`	M15,H1,H4,H8,D1	Timeframes whose market structure the panel shows (display only, no effect on trading)
`Enable_WithdrawSim`	true	Show the withdrawal simulator box on the chart
`Withdraw_Profit_Pct`	50.0	% of each profitable day's profit to simulate withdrawing
`Magic_Number`	668800	Hoshi's ID for its own trades, to tell them apart from others. Change it and the panel's figures start from zero. Each entry adds to it: entry 1 = 668810, 2 = 668820, 3 = 668830 / 668831, 4 = 668870, 5 = 668880

Changing settings while running

Double-click the EA's name in the top-right corner of the chart (or press F7)
Edit the values in the Inputs tab and press OK

Open trades stay open with their stop loss. On MQL5 Virtual Hosting, Migrate again after changing settings.

Capital and VPS

Minimum balance: 1,000 USD on a Standard account, or 10,000 USC on a Cent account ($100). See How much capital do I need?
VPS: recommended, so the bot looks after its trades 24/5. See Set Up a VPS
Running Hoshi with another CLOUDPips bot: use a Hedging account and set RiskPercent to 0.5 on each. Don't pair it with Kumo: Kumo's H4 entry is already inside Hoshi. See Can I run two bots on the same account?

Next step

Choose the preset that suits your account: Hoshi Presets Compared (Default, Aggressive)