User Guide

MT4 User guide

Step 1. Download the expert advisor myfx.ex4 by clicking here.

Step 2. Extract it to your MetaTrader’s “experts” folder (often located at. C:\Metatrader\experts\)

Build 600. To install myfx.ex4 properly, you have to copy the myfx.ex4 file into another folder. From the menu File, click on “Open Data Folder”. It will appear a window similar to the left picture below. Open the folder “MQL4″ and then the “Experts” folder. Copy myfx.ex4 there and restart your MT4.

Step 3. Run the Metatrader terminal.

Step 4. Open the EURUSD chart and click on it.

Step 5. Run the myfx expert advisor: expand the Expert Advisors section in the Navigator, scroll down to myfx and double click.

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Step 6.In the myfx Settings window, click the “Common” tab and set the settings as shown below.

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Step 7. Click the “Inputs” tab and set the expert parameters:

  • DisplayInfo – enables/disables the display of information about the account from which you copied the transaction.
  • AccountToCopy – account number to be copied. The required number can be found on the «Providers» page. For example, for SSCInvest the AccountToCopy parameter is 230733.
  • AccountPercentAllocation – level of risk in your account in relation to the account provider (specified as a percentage). For example, if you set this parameter to 50%, your account will use half as much risk as the account provider’s. Assuming that your account is the same size as the account provider’s, all transactions in your account will be half the volume.
  • StopLossAccount – amount of loss, at which trading must be stopped. If the total loss for the Account you are copying drops below this value, all trades will be closed and further trades will be impossible. For example, if you have $10,000 on your account and you have set StopLossAccount to $4000, then a loss on open + closed trades from the account you are copying of $4000 or more will cause all trades to be closed, and trading will cease.
  • Slippage – sets the maximum difference between the opening prices of the account provider and the subscriber (specified in points). If the difference in price is above this value, the transaction will not be disclosed in the subscriber’s account.
  • FilterPairs – the list of traded symbols separated by comma. This parameter is useful if you are not going to trade all pairs used by the provider. Leave it blank to trade all symbols.
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After setting the parameters click Ok.

Step 8. If the expert advisor is running, you should see a smiley face in the top right-hand corner of the graph. If you don’t see one, go back to the Step 6 and make sure you checked all the correct boxes.

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JForex User guide

Step 1. Download the strategy myfx.jfx by clicking here.

Step 2. Extract it to your Jforex Strategy Folder (often located at. C:\Users\YourProfileName\Documents\JForex\Strategies\)

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Step 3. Run the Jforex terminal.

Step 4. On the Workspace panel, right-click on Strategies and click on “Open Strategy”. Select the myfx.jfx file and click the Open button.

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Step 5. Run the myfx strategy: expand the Strategies section in the Workspace panel, right click on myfx and click on local run.

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Step 6. Configure the robot:

  • DisplayInfo – enables/disables the display of information about the account from which you copied the transaction.
  • AccountToCopy – account number to be copied. The required number can be found on the «Providers» page. For example, for SSCInvest the AccountToCopy parameter is 230733.
  • AccountPercentAllocation – level of risk in your account in relation to the account provider (specified as a percentage). For example, if you set this parameter to 50%, your account will use half as much risk as the account provider’s. Assuming that your account is the same size as the account provider’s, all transactions in your account will be half the volume.
  • Slippage – sets the maximum difference between the opening prices of the account provider and the subscriber (specified in points). If the difference in price is above this value, the transaction will not be disclosed in the subscriber’s account.
  • FilterPairs – the list of traded symbols separated by comma. This parameter is useful if you are not going to trade all pairs used by the provider. Leave it blank to trade all symbols.
  • DoNotOpenNewTrades – If you do not want to open new trades, please check this value. It will only manage the current open positions.
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After setting the parameters click Ok.

Step 7. The first time you run it, it may takes some minutes as it will load the trading history of your account. Just wait a little bit and, if the ‘DisplayInfo’ parameter is enabled, you will see a new tab called Myfx.

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