ForexCOMBOSystem Guide v5.0 (4in1) NF
ForexCOMBOSystem Guide v5.0 (4in1) NF
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4 in 1
With News Filter
User Guide &
Installation Manual
www.forex-combo.com
This product is developed by FXautomater (www.fxautomater.com)
9. Now you are ready to place the FOREX COMBO SYSTEM on the chart. Go to
View on the Menu bar and choose Navigator.The Navigator window will appear. In the
Navigator window expand Expert Advisors or Indicators by double clicking it. You
should now see all the Expert Advisors including the one you just inserted. You can
now place it on the chart by 3 different methods. You can either double click on the
indicator or right mouse click on it and choose Attach to a Chart or you can drag it
onto the chart.
10. Once the Expert Advisor is placed on the chart, the Settings window will pop
up. Here you can view the default settings and adjust them if you need to. Make
sure on the Common tab you have the Allow live trading box checked.
11. After you have placed the Expert Advisor on the chart,in the upper right hand
corner of your chart you should see a smiley face. This means the Expert Advisor
is running. If you do not have a smiley face but see a frown or anx, then make sure
again that under Properties, the Allow Live Trading box is checked. If it is and still
you do not have a smiley face there is one more place to check. Go to Tools on the
menu bar and choose Options. A popupwill appear and select the Expert Advisors
Tab. Make sure the Enable Expert Advisors box and Allow LiveTrading box are
both checked. Your Expert Advisor is now ready to open, modify and close trades.
Click Tools->Options and then in Expert Advisors tab select as is shown below:
IMPORTANT: FOREX COMBO SYSTEM will work on any broker with 4 or 5 digits price
quotes.It is not necessary to change any parameters for 5 digits price quotes.
IMPORTANT: If your broker is ECN, or if you see ERROR 130 in the logs, you
should chose Use_ECN_Broker=TRUE in the expert advisors inputs.
IMPORTANT: If you are not sure, that the brokers GMT_Offset shown on the chart is
correct, please contact us!
IMPORTANT: You should always test your Expert Adviser on a Demo account first to
check if your broker is compatible with your current Expert Advisor!
EVEN, IF YOU WANT TO BACKTEST FOREX COMBO SYSTEM, YOU SHOULD ACTIVATE
YOUR DEMO OR REAL ACCOUNT, WHICH YOU WANT TO USE FOR BACKTEST.
The online activation procedure may take some time. If you see that alert Online
validation is not passed ! more than 30 minutes, contact us at [email protected]
IMPORTANT: You should always test your Expert Adviser on a Demo account first to
check if your broker is compatible with your current Expert Advisor!
AutoGMT_Offset:
If AutoGMT_Offset = TRUE, the EA will calculate automatically the GMT Offset of
your broker.
If AutoGMT_Offset = FALSE, in this case you should chose by yourself the correct
GMT Offset in ManualGMT_Offset field.
ManualGMT_Offset In this field, you should chose the correct GMT Offset of your
broker by yourself, if AutoGMT_Offset=false, or if you want to make a backtest.
If you fail to set the GMT offset carefully you can get incorrect backtest results.
Ask your broker about their GMT Offset if you are not sure, or ask us.
Calculate_DST:
Calculate_DST=TRUE, when your broker changes its GMT offset during the summer
and winter (usually with +1 at the end of March and change it back to normal at the
end of October).
Calculate_DST=FALSE, when your broker has a permanent GMT Offset all the time
during the year.
INFO: DST - Daylight Saving Time often referred to as "Summer Time", "DST" or "Daylight Savings
Time" is a way of making better use of the daylight in the evenings by setting the clocks forward one
hour during the longer days of summer, and back again in the fall.
NOTE: If your Market Watch is frozen it is likely that the broker is closed for the
weekend and therefore the time displayed is not valid for calculating the GMT offset.
You should wait until your broker is open to set the proper GMT offset value. You
should also keep an eye on any possible switch from summer to wintertime which
occurs twice a year. Some brokers switch the time so you should adjust your GMT
offset again on these days.
UseAgresiveMM- true/false - toggles aggressive money management on and off per
singlefuture transaction. The purpose is to make up losses from past losing
transactions.Activatesonly if: UseAgresiveMM=true and TradeMMSys1(2,3,4)>0
FOREX COMBO SYSTEM will work on any broker with 4 or 5 digits price quotes.It is
not necessary to change any parameters for 5 digits price quotes.
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The only thing you should do after starting the EA is to select a value for the
"LotsSys1 (2,3,4)" or TradeMMSys1(2,3,4) parameter. If you wish, you can try
FOREX COMBO SYSTEM on a demo account, or you can trade with less significant
volumes at first.
We recommend you to select trading volumes in which five or six consecutive losses
of 60-70 pips (StopLoss) should not represent a problem for your account.
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IMPORTANT:You should always test your Expert Adviser on a Demo account first to
check if your broker is compatible with your current Expert Advisor!
RECOMMENDABLE
Case 2: If you set a parameter of TradeMMSys1(2,3,4)=2, the EA will trade at
relatively low risk = 2 per cent of your account per individual trade.
RECOMMENDABLE
Case 3: If you set a parameter of TradeMMSys1(2,3,4)=5, the EA will trade at
relatively normal risk = 5 per cent of your account per individual trade.
NOT RECOMMENDABLE
Case 4: If you set a parameter of TradeMMSys1(2,3,4)=10, the EA will trade at
relatively high risk = 10 per cent of your account per individual trade.
If you open a new account and this copy of the EA does not work on your new
account, please contact us and we will send you another copy of the EA.
Please remember that the EA will not function if MetaTrader4 closes, the
computer shuts down or your internet connection trips out.
IMPORTANT:FOREX COMBO SYSTEM will work on any broker with 4 or 5 digits
price quotes.It is not necessary to change any parameters for 5 digits price quotes.
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IMPORTANT: If your broker is ECN, or if you see ERROR130 in the logs, you should
chose Use_ECN_Broker=TRUE in the expert advisors inputs.
IMPORTANT: If you are not sure, that the brokers GMT_Offset shown on the chart is
correct, please contact us!
IMPORTANT: If you want to make a back-test of FOREX COMBO SYSTEM, you
should type right GMT_Offset_TestMode (the GMT offset of your brokers trading
server) in the EA inputs parameters. If you are not sure about your brokers GMT
offset, ask us!
IMPORTANT:You should always test your Expert Adviser on a Demo account first to
check if your broker is compatible with your current Expert Advisor!
[email protected]
We wish you successful trading!
Risk Disclosure:
You should be aware that trading Foreign Exchange carries a high level of risk, and you can lose some or all of your investment.
The high degree of leverage that is often obtainable in forex trading, can work against you as well as for you. The use of
leverage can lead to large losses as well as large gains. You must be aware of the risks and be willing to accept them in order
to invest in the futures and options markets. Don't trade with money you can't afford to lose.
Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is
likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical
performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of
hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical
trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading
losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.
By using FOREX COMBO SYSTEM, you acknowledge that you are familiar with these risks and that you are solely responsible
for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of
this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.
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