Minimum Deposit: $200
EA Permissions oooooooooooooo
Before opening the EA, click on the TOOLS option on your MT4 or MT5 to activate Auto Trading and allow DLL.
See image 1 below
Robot Input oooooooooooooo
Open the EA, click on the input then enter your License Key. Login to your Forexlify account, click or open License Key page section to get your License.
Trading Risk oooooooooooooo
Risk Percentage is the amount you are willing to risk per trade. (NOTE: risk per trade, not per account)
Maximum Daily Drawdown will be displayed on the chart.
Remove SL During Day Close Hunt
This settings allow EA to shift SL by 30 more pips during the swap (new day shift period) for trades they are left overnight. This will protect your trade from being stopped out from night candle spikes. The initial tight SL will be restored back automatically by EA.
Risk Per Trade:
The EA is programmed to restrict you from using excess risk. Your maximum Risk Per Trade depends on your leverage.
BTMM Setups: Drawdown
Maximum Daily Drawdown is displayed on the robot’s panel (dashboard). EA will stop trading for the day once the DD $ or % is reached.
BTMM Setups: Daily Profit
This is 2 times your selected risk per trade. If you are willing to risk 2% per trade, then your daily profit will be 4%.
IF YOU CAN'T AFFORD TO LOSE THAT AMOUNT, PLEASE REDUCE YOUR. RISK VALUE
Unknow Error Message
Kindly remove EA from other devices. If you run EA on both VPS and PC or if you attach EA to more than 1 chart, this error may occur.
Kindly use EA on single device then run it on just a pair only.
Error 133 Message
Your broker may have 2 types of pairs.
Example: GBPUSD and GBPUSD.xyz
If your tradable pair is the pairs with suffix (.xyz) then you can only attach EA to a chart of the same pair.
So kindly change your chart pair to any of your tradable pairs.SOLUTION:
Risk and Leverage Error Message
This error indicates that your select risk is more than what EA allow on your account leverage.
Reduce your EA risk setting or Increase your account leverage
EA Risk, Target or DD Not Accurate
EA captures your account starting balance for the day so any new deposit made on your account will not be applied same day. Which means your risk, max dd or daily target will be calculated using the DAY START balance.
Wait till next day, EA will adjust automatically.
EA Not Trading At All
This is usually due to bad or incorrect time.
Check your PC or VPS time (check vps if EA is on VPS, not PC). Set the time to AUTOMATICALY
EA Detaching From Chart
EA will automatically be removed from chart of an error occurs.
As soon as expert is removed, check your expert log or the pop up message to see the likely error.