As a follow-up question, would the reset time be relative to the time on the local PC, the market watch time, or GMT?

There is a variable in the EA called Daily_Reset.

I believe this is time the EA uses to calculate the daily loss.

What number format is used for that variable, eg (00:00 UTC + 2) or seconds from 00:00?

I don’t know where to mention this but regarding the GBPUSD M1 EA in the “Professional Trading Strategies + 5 Bots Included” course:

The parameters in the EA do not align with the settings in the pdf

1. There are two stop loss parameters in the EA but only one in the pdf
2. There are two MACD settings in the EA and two on the setting pdf but there is no way of telling which one is which.

I would recommend including set files and labelling the timeframes in the EA.

Please let me know where in the EA to put the stop loss figures and MACD entries.