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By EliteIT4U Team
User's Manual
http://www.hybtrader.com
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Start MetaTrader4. Select File in the menu, OpenDataFolder.
You will be in a special MT4 folder: its name may vary depending on your broker.
But that’s the folders you will see:
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Open MQL4 folder – check the picture in the middle. Here you will find
Experts folder: Copy and paste panel inside Expertsfolder.
Now RESTART MetaTrader4.
The files will appear under Navigator list.
The Navigator panel displays all the accounts, indicators,
expert advisors and scripts available to you. If you followed
the simple instruction above, you should see H-Trader in
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Experts.
If you don’t see it there, please make sure you have placed
the file in the correct folder, as described above. Relaunch MetaTrader4 and check it
onceagain.
If it is still not listed there, contact our technical support by sending an email to:
denmurakami@gmail.com
VIDEOGUIDE: https://www.youtube.com/watch?v=ScSj-RLp6Mw
A window with the settings appears. Open Common settings and enable Live
Trading and DLL imports. It is required for Auto Trade option. Please, make all the
settings in the “Common” tab the same as below.
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Then switch to Inputs settings. These are variable parameters
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Click OK. ALL OTHER OPTIONS ARE ACTIVATED PANEL
After you install it, you will need to get KEY from me. Check the PC
CODE that appears after the installation and send it to me directly to
denmurakami@gmail.com
I will generate you a key. When you get the
key, insert this key into PC CODE field and
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press enter. Yes, right on the chart: enter the
key, double click and press Enter.
Click OK and then indicator will start work and show all details!
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Save your chart from
useless information.
EASY!!!
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Let's focus on each panel.
2. Time Frame: as soon as you add extra pair on current chart, you
are able to chose TF of that pair too. Also, you can add same pair and
chose higher TF. Then you will be able to see visually upcoming trend
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3. Classic: you
can add 3 classic
indicators on the
chart: Stochastic
(STH), RSI, EMA.
They have
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PART 2. Trading options:
1. Buy/Sell: You may open Buy or Sell order by clicking this button.
When you click it, a new instant order with a specific Magic Number is
placed. This way H-Trader does not affect other manual orders that
usually go with zero magic numbers.
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2. Lot size, Take Profit, Stop Loss: Basic options for trading
are placed within a single panel so you can control it at any time. You
don’t need to go to Inputs of the indicator as they are all here, at a chart.
You set here Take Profit, Stop Loss values, Lot Size. In addition, you
may set here Breakeven and Trailing Stop Loss if needed.
Take Profit: target profit in Pips for auto TRADE/ manual orders if support
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StopLoss: max possible loss in Pips for auto TRADE / manual orders if support
Lot: lot size for auto trade option
Smart Stop Loss/Take Profit: if you chose SMART in TP and SL, it will use previous 25 bars for
important levels and calculate SL/TP based on it. Anyway, There are some limits there... Take Profit
won't be more than 100, less than 20. Stop Loss will be 80 Pips max, 30 Pips min. Always, TP will
be higher than Stop Loss.
3. Options: you can add trailing Stop Loss and BreakEven for
trading. Chose BE(BreakEven) or TrailSL(Trailing Stop Loss) or both
BE/TSL.
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BE: value of profit in Pips when you want to move Stop Loss to
+1 Pips
T-Start: trailing SL start point, in Pips.
T-Level: distance between trailing SL and price.
Easy to calculate: If you have T-Start 5 and T-Level 5, means that at +10
Pips profit, SL moves to +5 Pips(Start) and follow the price on +5 pips
distance(T-Level). Each 1 Pips.
4. Magic: H-Trader means that indicator won't manage all manual orders. It will manage just AutoTrade
orders and manual orders made from the panel. But it won't manage all manual orders. If you make it ALL -
this indicator will manage all manual/AutoTrade orders.
You may enter when you see a relevant signal. For extra safety you may also
check higher TF signal and time of news releases. Do not trade at weak
market.
PROFITTIP№1:BREAKEVEN/TRAILINGSL
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Activate BreakEven at 7-10 pips profit level. It helps to secure almost
every order! Use Stop Loss and Take Profit that is relevant for the
selected timeframe. If you manage fast orders you can reach an
extremely high win/loss ratio of about 75% and up to 90%. That's why we
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added auto TRADE feature. Please use it for the instant auto entry!
PROFITTIP№2:NEWS-BECAREFUL
Nowadays there are lots of web resources that offer news on upcoming
economic events. You know how strong a news impact can be. It can ruin any
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order or bring a sudden luck. But we do not recommend taking such risks
unless you are a devoted news-trader. It is better to skip high-impact news, so
please follow economic calendar!
MoneyManagement
Money Management in a single rule: Risk >>> Stop Loss >>> Lot size.
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Risk 1-3% of your deposit per trade. Decide on a risk and based on price action, set
a Stop Loss. Now, calculate your Lot size volume that would match with your risk.
For example: your stop loss is 10 pips, and your equity is 10,000$. You wish to risk
2% of your equity in this trade, so you enter trade with 2 lots – so your risk is 200$,
or 2%.
PUSHUPNOTIFICATIONS
PUSH UP NOTIFICATIONS: on your Android & iOS device.
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#2 Launch MT4 on your PC, click Tools – Options and past the code there.
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EMAIL NOTIFICATIONS:
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Idea of trading.
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Do not trade with last money; do not put all your savings in it. I believe that somewhat
about $200-300 is good enough for a start. So, do not focus on trading as your daily
obligation. You need good market conditions, if you miss the signal, do not go in, skip it,
wait for the next signal! Don’t force the market, it will not adapt to your orders…
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Turn Force majors into advantages.
News impact may be disastrous if you ignore economic events calendar. Check it and get
ready – close or open orders depending on your needs. I would rather close… But most
traders are so much deep in thoughts with stop losses and profits that they just forget
about news.
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Double stop to potential losses: Stop Loss. BreakEven.
No matter how wonderful our system is, it is the manual system. It gives signals, but it is
you who compare them with market reality, check filters and select Stop Loss, Take Profit.
Security must be your primary task. We have tried to eliminate almost all false signals,
but if you start trading before news or forget about Stop Loss, our system will be not really
responsible for it. So please ALWAYS mind the safety of your deposit. Do not set high lot
sizes and use all filters available. Don’t place an order if you are not sure about it.
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COPYRIGHT
This software is copyrighted and may not be re-written or published without the author's consent.
The use of books and software is only allowed for personal use. Distribution of copies is not legal and is
protected by international copyright law.
Copyright © 2017. All rights reserved