Forex Robotron Instructions v28

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The document discusses an automated forex trading software called Forex Robotron and provides instructions for setting it up and using it correctly.

Forex Robotron trades from 21-22 GMT in summer and 22-23 GMT in winter on 5-minute charts of certain currency pairs.

Forex Robotron requires patience and discipline as drawdowns are normal, and it looks for high probability trades rather than overtrading. Users should not expect profits every month and should continue using it for the long term.

V28

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Thank you for choosing Forex Robotron, the ultimate automated forex trading
solution for the, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, USDCAD 5-
minute charts!

This guide will help you get setup and running in just 5 minutes. If you have any
questions please email [email protected]

Robotron will only trade when it finds the highest probability entries based on
years of historical testing. It does require patience & discipline as with any
trading system.

As per the terms you agreed to when you purchased, there are strictly NO
refunds under NO circumstances.

Copyright (c) www.forexrobotron.com


Account Activation
Before you start using Forex Robotron on your account(s) you need to email
[email protected] with your MetaTrader account number(s) along
with your transaction id so that we can authorize and activate your account
to use Forex Robotron. Once we have received your request we aim to
activate your account number for you to use Forex Robotron on your
MetaTrader account within 24 hours. You will receive an email with your
license number once authorization is complete and you will then be able to use
Forex Robotron on your account. Each mt4 account requires a unique license
number.

Please contact us if you wish to change the mt4 account number or if you need
additional license(s).

Trading Hours
Forex Robotron trades 21-22 GMT when USA DST is on (i.e. summer) and 22-23
When USA DST is off (i.e. winter). You do not need to adjust the hours during
summer or winter, the hours are already set for you and GMT is automatically
calculated by the EA.

These are by far the best trading hours for Forex Robotron based on historical
testing over many years, they produce enough trades with high accuracy. It is
not necessary to over trade for long term results.

You only need to have your mt4 terminal running at these hours or outside
these hours if there are open trades for Forex Robotron to manage. If you want
to back test Robotron in the strategy tester then you will need to use GMT
data with DST auto offset or adjust the trading hours for your brokers historical
data (ONLY for back testing). You can use Birts Tick Data Suite for this.
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*VERY IMPORTANT INFORMATION*
Please read the following carefully. This is very important if you are to use
Robotron correctly.

Every single trading system will have periods of drawdowns or stagnation. This
can be days, weeks or even months when the trading results are at break even
or a small loss. This is completely normal and part of trading. There is no
trading system that does not go through such periods.

Forex Robotron is a long term fully automated trading solution that can have
up and down days, weeks and even months. But, based on historical testing it
has performed when run for sustained periods of time.

You will see months where there was a small loss, some users may have
started on that month and given up. But then the next month the robot may
have performed better and made a profit. The markets are constantly
changing.

Trading does require patience and discipline. Robotron will go days without
trading. Again, this is normal as it looks for the highest probability trades based
on 10+ years of back testing over historical data. It prefers to take few high
probability trades than hundreds of lower probability trades.

In extremely extensive testing, Robotron has gone through week’s even


months of stagnation but the overall results of testing are positive. Just
because it did not make 100% in the first few days or weeks, it does not mean
that it is not working. The markets are forever changing on nobody can be
100% correct 100% of the time.

So, a user may have a 0% week (break-even), followed by a -5% week and
perhaps then think the robot is “rubbish”. However, the following weeks could
be much better. It is normal for bad days, weeks and even months with any
trading system. If we keep giving up and go onto the next system, this is a
process that can continue forever because we never give any a real chance.

With patience and discipline, Robotron can do well according to our extensive
testing. The customer testimonials on the website help show this. Support are
happy to discuss any concerns with you.

Copyright (c) www.forexrobotron.com


ECN Broker & Trading Accounts
A forex broker allows you to open trading accounts and trade forex through
the internet using a trading platform such as MetaTrader 4. You can trade on a
demo account to begin with and move over to a live account when you are
ready. There are many forex brokers to choose from and before you begin
trading, be sure your broker meets certain criteria. They should provide low
spreads, low commissions, fast execution and no limitations on stops. A broker
with an ECN/STP environment is your best choice as they will give you fast
execution, little slippage, tight stops and tight spreads. One of the best brokers
that we can recommend to open an account with is IC Markets They have
absolutely no restrictions and provide amongst the best possible conditions for
forex expert advisors.

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Email : [email protected]

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BINARY and MANUAL TRADING SYSTEM
ALL UNLIMITED VERSION FREE & PAID
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If you are already familiar with Meta Trader and have it installed on your
computer, you can skip this section. If not, then please thoroughly read this
section for instructions on how to install the Meta Trader trading platform and
how to activate the robot.

Click here to download the free Meta Trader trading platform which we will
use to run the robot. You will need to open a demo or live account to gain
access to the Meta Trader 4 download.

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After you have downloaded Meta Trader 4, followed the setup instructions and
the installation is complete, launch Meta Trader 4.

When you launch Meta Trader you can login to your demo or real account.
Click file – login and then enter your Meta Trader 4 account details.

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Email : [email protected]

FOREX EXPERT ADVISORS,


BINARY and MANUAL TRADING SYSTEM
ALL UNLIMITED VERSION FREE & PAID
Channel : https://t.me/fxyashwinstore
Channel : https://t.me/fxyashwinbest
Telegram Conact : @realprofitbo
Email : [email protected]

Copyright (c) www.forexrobotron.com


Forex Robotron mt4 Setup
In order to attach Forex Robotron to your EURAUD, EURCAD, EURCHF,
EURGBP, EURUSD, USDCAD 5-minute charts within MetaTrader 4, you will
need to place the required files into the correct folder of the MetaTrader 4
installation directory. This section will describe where you should place the
files ready for use. Please ensure you restart MetaTrader 4 after moving the
files so that they will appear in the navigator window of the client terminal.

• First locate the Forex Robotron (ex4) file on your computer. Once
located, move the Forex Robotron (ex4) file into the “experts” folder of
the MetaTrader 4 directory. To find this directory, go to the mt4
terminal and click file from the top left hand corner and then click “open
data folder”. From the data folder that has opened you must navigate to
“MQL4”. Move the Forex Robotron (ex4) file into the “experts” folder.
Restart the mt4 terminal. You should now see Forex Robotron in the
“expert advisors” drop down menu of the navigator window within mt4.
If you cannot see the navigator window load it from the main menu in
MetaTrader by selecting the “view” drop down menu.

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Email : [email protected]

• You now need to open the EURUSD chart to run Forex Robotron on.
Choose the EURUSD symbol and right click it then select “chart window”
to open a chart for that currency pair. Change the timeframe of the

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chart to m5 (5-minute chart) by right clicking the chart and selecting
periodicity.

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• You are now ready to attach Forex Robotron to the chart. Drag and drop
Forex Robotron from the navigator window onto the chart. You will be
displayed with a window. This window is where you set common expert
advisor properties and the unique input settings of Forex Robotron. In
the common tab you need to enable Forex Robotron. To do so, tick the
boxes: “enable alerts”, “allow live trading”, “allow DLL imports” and
“allow import of external experts”.

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• Now click the “inputs” tab and choose your lot or risk size and enter your
license number.

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• If you have set the common setting of expert advisors correctly then a
smiley face will appear in the right hand corner which means that Forex
Robotron is active on that chart. Double check the chart is on the 5
minute timeframe and that there are no errors in the experts tab of the
terminal window. If you have clicked “ok” and have a sad face displayed
in the top right hand corner of the chart, this means that expert advisors
are not enabled (Forex Robotron will not trade). To enable expert
advisors, click the “expert advisors” button which is normally located
near to the top of the trading platform. You may also need to navigate
to “tools” from the mt4 top menu and select “options” then in the
expert advisors tab ensure you have only checked the tick box for “allow
automated trading” and “allow dll imports”. Forex Robotron is now
analysing the market and will place/manage trades fully automated –
just make sure that you leave the MetaTrader platform running on your
computer or VPS. FOREX EXPERT ADVISORS,
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• Repeat this process forALL
theUNLIMITED
currency pairs you wish
VERSION to trade.
FREE & PAID
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Forex Robotron Input Parameters


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So far you have installed the MetaTrader 4 trading platform, logged into your
trading account and placed the Forex Robotron files into the correct folders.
You have loaded up the charts to run Forex Robotron on and selected the m5
timeframe. Experts have been enabled and you have set the risk or lot size and
license number in the Forex Robotron input settings.

In this section we will look at the different input parameters of Forex Robotron
in detail so you can gain on understanding of what each does and change them
should you require. This is also useful information for those who wish to
optimize Forex Robotron by testing different combinations of the input
parameters.

• Robot Name – Name used for Forex Robotron in trading terminal. This is
the name displayed in the comments of the “trade” and “account
history”.

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• License Number – You need to enter your unique license number for
your MetaTrader 4 account. If you have not received your license
number yet or want to change to a different account, please email
[email protected] with your mt4 account number.
• Max Spread – Maximum spread. Forex Robotron will not trade if the
current broker spread for the currency pair is greater than this value (the
spread can be equal to this value).
• Max Slippage – Maximum slippage. Slippage is the difference between
the quoted price and the actual price the trade is entered. Forex
Robotron will not trade if the price has moved greater than this value
(slippage can be equal to this value).
• Hour Start – GMT Hour Forex Robotron begins.
• Hour End – GMT Hour Forex Robotron stops trading. There can be
trades that are still open after these hours so keep your MetaTrader 4
terminal running at all times on your computer or VPS so the EA will
manage these trades for you.
• Lots – If you set risk to false then you must set fixed lot size here instead.
Make sure that you use a sensible lot size for your account balance
• Risk %– % of free margin to risk per trade. The risk % is calculated by
dividing the free margin by 100 and then multiplying this figure by the
risk. This gives us the amount in $ value that we will risk for the trade so
we divide that by the stop loss which gives as the value per lot. The
actual full risk is not always lost as you will find out more about from the
stop loss explanation below.
• Minutes Sleep – How many minutes the EA will sleep after a losing
trade. This is to avoid consecutive losing trades. Set to 0 to disable.
• Stop Loss – Stop Loss distance from entry. Forex Robotron uses a fixed
“safety” stop loss which is not always hit as the indicators used will
usually close the trade for a win or loss before hand. This has the
advantage that you do not actually lose the full risk per trade, so you will
actually lose less than expected some of the time.
• Take Profit – Take Profit target. Forex Robotron will usually close out a
trade using the built-in indicators as this allows for a more flexible and
less rigid approach to trading. FOREX EXPERT ADVISORS,
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• Min Profit – The profit (in pips) after commission must be greater than
this value for the dynamic close in profit to work. Historical testing
showed this value is best left at 0, so no need to adjust.
• Dynamic Close Loss – Set to true to use dynamic close when trade is in a
loss. If set to false, fixed stop loss is used. If you don’t like the small
losses from the dynamic stop loss, this set to false will keep a trade open
until it closes in profit OR hits the full stop loss which may help cut out
the frequent smaller losses. Obviously means a bigger loss when one full
stop loss does happen (rarely) but can increase the win rate.
• Dynamic Close Profit – Set to true to use dynamic close when trade is in
profit. If set to false, fixed take profit is used. You should leave this set to
true because the dynamic close for profitable trades works best to exit
at the best opportunity (based on 10+ years of testing).
• Trade Friday – Set to true if you want to trade Friday. This is advised to
be left false due to potential big weekend gaps that can cause big losses.
• Trade Sunday – Set to true if you want to trade Sunday. You may want
to set to false if your broker has high spreads at the Sunday open.
• Trade Short – Set to true if you want the EA to place sell trades – NOT
recommended.
• Trade Long – Set to true if you want to the EA to place buy trades
(default).
• Trading Aggressive – true = more trades but slightly riskier. False = less
trades but safer (best based on 10+ years of testing).
• Use ATR – true = only trade if ATR is below Max ATR level. Aims to avoid
volatile markets. FOREX EXPERT ADVISORS,
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• Max ATR– Only trade if ATR is below this level. ALL UNLIMITED VERSION FREE & PAID
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Set-Up Complete! Email : [email protected]

You are now hopefully set up and running Forex Robotron on your 5-minute
charts! If you get stuck at any point or did not understand something then
please contact [email protected] – we are very friendly and here to
help.

Copyright (c) www.forexrobotron.com


Troubleshooting
How to Improve Results?
• Consider turning off dynamic close in loss to minimise smaller losses and
increase win rate (will cause a bigger loss if stop loss is hit)
• Use a broker with better liquidity, execution speeds, tighter spreads and
lower commissions
• Run on all 6 pairs for most trades possible
• It is normal for every trading system to go through good and bad
periods, that is trading. Patience and discipline are always required

Why Are My Results Bad?


• Brokers spread/slippage/commission could be too high
• You are running on pairs that are not EURUSD, EURCAD, EURAUD,
EURCHF. EURGBP, USDCAD
• You are not using the default settings
• You have changed the trading hours (should be 22-23 always)
• You have set trade short to true (should be false)
• You have set dynamic close in profit to false (should be true)
• You have set min profit too high. Testing shows this best left at 0
• It is completely normal for every trading system to go through good and
bad periods. Trading does require patience and discipline
• You are trading in aggressive mode

Why Is It Not Trading?


• Market conditions - it is normal for there to be days without trades if the
market conditions are not suitable
• You do not have expert advisors enabled in mt4 and there is no smiley
face on the chart
• You do not have mt4 running
• You have set lot or risk size too high for your account equity and
leverage
• Check experts/journals tabs and logs in mt4 for any errors
• Your brokers spreads are too high. You can increase max spread to 15 to
check this FOREX EXPERT ADVISORS,
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Copyright (c) www.forexrobotron.com
Back Testing
If you want to back test Forex Robotron, you must test with real tick data, real
spreads, real slippage and commissions. You can use Birt’s Tick Data Suite for
tick testing in MetaTrader4 if required. You will need to do this if you want to
verify for yourself the results on the Forex Robotron website. You will not be
able to duplicate the results by using the data downloaded in MetaTrader 4
from Meta Quotes because this is not accurate tick data, does not use real
spreads, does not include commissions, does not have any slippage features
and is not GMT all year round with DST. GMT offset for the start and hours
must be adjusted according to your broker data time zone when back testing.
If using Birts TDS, GMT should be 0 and DST none. Robotron has auto GMT/DST
built-in. FOREX EXPERT ADVISORS,
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Contact
Channel : https://t.me/fxyashwinstore
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Email : [email protected]

If you need support please email: [email protected]. We will aim to


reply to you within 24 hours (excluding weekends). Please be patient and do
not send hundreds of emails, as soon as your email is read, it is replied to.

FOREX EXPERT ADVISORS,


BINARY and MANUAL TRADING SYSTEM
ALL UNLIMITED VERSION FREE & PAID
Channel : https://t.me/fxyashwinstore
Channel : https://t.me/fxyashwinbest
Telegram Conact : @realprofitbo
Email : [email protected]

FOREX EXPERT ADVISORS,


BINARY and MANUAL TRADING SYSTEM
ALL UNLIMITED VERSION FREE & PAID
Channel : https://t.me/fxyashwinstore
Channel : https://t.me/fxyashwinbest
Telegram Conact : @realprofitbo
Email : [email protected]

Copyright (c) www.forexrobotron.com

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