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Forex99 Installation Guide

The document provides instructions for installing and configuring the Forex99 expert advisor (EA). It explains that the EA uses Keltner Channels and Heiken Ashi indicators to generate breakout trades. It lists the EA parameters and their recommended settings for different account sizes. Updates to the EA are noted, including adding multiple order filtering and an auto-start option. General usage guidelines are also provided, such as attaching the EA to multiple charts with a minimum $200 account per chart.

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Marlene
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© © All Rights Reserved
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100% found this document useful (1 vote)
245 views10 pages

Forex99 Installation Guide

The document provides instructions for installing and configuring the Forex99 expert advisor (EA). It explains that the EA uses Keltner Channels and Heiken Ashi indicators to generate breakout trades. It lists the EA parameters and their recommended settings for different account sizes. Updates to the EA are noted, including adding multiple order filtering and an auto-start option. General usage guidelines are also provided, such as attaching the EA to multiple charts with a minimum $200 account per chart.

Uploaded by

Marlene
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Disclaimer

Disclaimer ::Forex is always riskier. Forex99 will never promise you of, constant
profit for a long time. Due to market volatility, its subject to fail. Use it at your
own Risk. Do invest only the money that you afford to lose . There are 99% of
the traders lose their money in forex due to improper handling of trades.
Introduction

Dear Forex Traders and my Dear Buyers of this wonderful EA, Greetings to you
all. The EA “Forex99 ” is the result of my 10+ years of trials and analysis of forex
trading strategies and now it started yielding its results. There is a message for
those who don't believe Forex Automated Trading, that, Automated Forex
Trading using Robots are possible and its already started working for you !

The Forex99 is purely based on the breakout strategy of Keltner Channels.


Its also mixed with few secret technical strategies to make the orders fall in
profits.

In this Guide , I the author of the EA will present to you the complete
installation and set up information about the EA. I wish you all a happy auto
trading with my EA.
Copy Indicator and Expert in MT4 Folders

The EA is utilizing the parameters derived by the Keltner_Channels and Heiken


Ashi Indicators and they should be placed in the Indicator Folder of MT4. I will
tell you how to copy the Indicators and the expert Advisor (Robot) into that
folder.

1. Download the indicators from this Keltner_Channels.ex4 and Heiken_Ashi.ex4

2. Download the Expert Advisor sent through your email.

3. Copy both the indicator files into the Indicators Folder

4. Copy the Expert file into the Experts Folder

[ See Below to Know the location of Indicators and Experts Folder ]

To know the MT4 Folder,

A) Click File—> Open Data Folder


B) Click
MQL4— >
Experts or
Indicators
Attach the EA (Robot) to the Chart

Open in any chart (EURUSD ) on M30 Time Frame,

Go to Navigator Pane of MT4 and Click Experts —> Keltner Combined V5.1a
(Right Click) —-> Attach to a Chart
Configuring the Forex99

After Clicking Attach to the Chart, you will see a window like this
Know about the EA Parameters

EA Parameter Values Recommendations

AutoStart True True— The EA will start trading on fully auto mode
False— When you want to stop the EA , it will manage to complete the present phase of
trading and new cycle will not be started.
OrderExpiry_Hrs 4 The breakout orders (First) is stop order and if it not triggered within 4 hrs, it will be de-
leted
SlowMode True True— The EA is on Slow mode [Stable Profit]
False— The EA is on Fast mode [ Aggressive mode and not stable]
Start_Lot 0.01 This will be in effect when Auto_Lot_Calc is False .

OrderControl 36 The EA will make the 2nd order after x bars created since the first order bar

GapBTWorders 300 The minimum Gap between 2 successive orders

TP_Points 350 The Take profit in Points

TrailingStart 90 The Trailing will start when positive floating points is more than this value

TrailingGap 45 The gap between trailing stop and the current price

Auto_Lot_Calc False True—the start_lot will be based on the balance of the account
False—the start_Lot is set by the user
Risk_Percentage 5 When Auto_lot_calc is True, the start_lot will be calculated based on equity

Close_atEquityPErcentage 10 When the EA is opened in multiple charts, and the profit exceeds 10% of initial deposit ,
all orders opened by EA will be closed
KC_Breakout_Period 200 Keltner Channel Period for breakout calculation

KC_Intermediate_Period 100 Keltner Channel period for intermediate Orders

KC_Nonbreakout_Period 10 Keltner Channel Period for Non-Breakout orders

RSI_SellLimit 78 In Fast mode, Sell orders are based on this value

RSI_BuyLimit 22 In Slow mode, buy orders are based on this value.


SpreadLimit 50 If spread is more than this value, the orders will be placed. This will protect from high
volatility time in the market.
Initial_Deposit 500 The Close_atEquityPercentage is calculated by Initial_Deposit
Recommended Settings for Different Deposits

Start Lot Deposits Pairs Slow /Fast

0.01 200$ One Pair


EURUSD OR GBPUSD

0.01 400$ 2 Pairs


GBPUSD and EURUSD

0.01 600$ 3 Pairs


GBPUSD , EURUSD, AUDUSD

4 or 5 Pairs
0.01 1000$ GBPUSD,EURUSD,AUDUSD,USDJPY,
AUDJPY

Make sure that, the Spread of Charts is less than 20-25 Points
New Updates

• Making Multiple orders at same price is resolved

• AutoStart Option included

• Initial Deposit option added to enforce Closeatequitypercentage

• False Breakout Orders Filtering is added

• RSI HA orders, Keltner Breakout and intermediate secondary orders are


added

• All orders are attached with a magic identifier so that, it will not interfiere
with any other EA’s Orders.

• Spread Filtering is added to avoid situations such as high volatility in the


market.

Future Update may include :

• News Filtering

• To add Smart mode Option to make it even more stable

• And if any bugs reported by the users


General Information

1. Attach the EA for multiple charts on M30 Timeframe with same settings

2. Use minimum 200 USD for Single Chart

3. Minimum 15% - 30% profit per chart is expected per month.

4. For any Immediate Support contact : info@forex99.com

________________________________________________________________

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