USER GUIDE

Multi Terminal For Hidden Arbitrage

Westernpips Group © 2007-2019

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WESTERNPIPS PRIVATE 7
ABOUT WESTERNPIPS PRIVATE 7 PROGRAM
Updating always and everywhere! With these words, the company Westernpips Group
announces the start of sales the new generation software product Westernpips Private
7.

This is a unique, exclusive and truly private program created for you dear clients and in
many ways, it was created by you, since your requests and offers are our constant
stimulus to new horizons and new technologies for earning here and now!

All that is needed for real arbitrage trading, a set of irreplaceable strategies and all
possible connection methods now available in one program! Now you are not just
traders - with the new technology of direct trading access to the Meta Trader servers
you are an invisible trader and your trading style will remain a mystery to the broker!
Previously, this technology was available only to hackers and with each new build of
the terminal it was necessary to completely recode all the algorithms. Our team has
developed a new method of trading bypassing Meta Trader terminal. Through the TCP
protocol, orders are sent directly from our program to the broker's server and look like
manually opened transactions.

And that is not all! Due to the lack of communication with the Meta Trader terminal
and the rejection of the use of advisors, the speed of order execution has improved
by 30-50% and these are huge numbers for latency arbitrage. On many brokers, an
increase in the speed of order execution led to a complete lack of slippage or a
decrease in it (of course, we are talking about honest brokers with real order
execution).

So what are the main advantages of the new generation software:

- Ultrafast Trade without the Meta Trader Terminal using direct access technology
via TCP protocol;
- Multi terminal with unlimited possibilities for connection options fast / slow
broker.
- Reducing the load on the VPS and the ability to trade on a huge number of
accounts simultaneously without launching the Meta Trader terminals.
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 - Combined trading between FIX API and MetaTrader4 / Meta Trader5 / cTrader
terminals
- Three new 2 LEG algorithms for masking and covert arbitrage between different
accounts / brokers.
- All deals look like opened in manual mode (magic = 0, the broker will not see the
use of Expert Advisor, c transaction with manual execution marking).
- Bypassing plug-ins due to a new trading technique with the use of close
arbitrage entry strategy when we do not open a deal when a signal appears, but
close the deal by a signal.
- The speed of opening deals using the new technology is 15-70 ms faster!
- Time stamp in nanoseconds!
- Ability to connect fast quotes via ITCH protocol - the fastest method of obtaining
data.

- Powerful analyzer tick quotes!

- And much more will be implemented soon.

This is a program for professional HFT traders and those who already use other
products of our company. If you are still a beginner, then you should start with more
simple and inexpensive versions of our products.

Now you understand that this is not just an Expert Advisor - this is a full-featured
multi-terminal for trading, earning and embodiment of your ideas! Brokers have less
and less chance to detect arbitrage, and now you have even more time to earning!
Take your first step to HFT technology - start using Westernpips Private 7! Hurry up,
the number of licenses is limited!

You can follow the news and get more information on our website:

https://westernpips.com

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INSTALLATION AND STARTING OF
WESTERNPIPS PRIVATE 7 PROGRAM
CLIENT IDENTIFICATION: HOW TO OBTAIN A LICENSE
To access the program you will need a login and password.
First, you need to install the program on your VPS or computer (it is better to use a
dedicated server or VPS).

1. Install vc_redist.x64.exe and vc_redist.x86.exe from the Setup Files folder

2. Install the Microsoft .NET Framework 4.7.2 or later.
3. Run the installation file of the Westernpips Private 7 Install.exe program;
4. After the installation is completed, a shortcut will appear on the desktop, launch it;

5. The login form will start, where you need to first enter your email in the Client Login
field and send a license registration request by clicking on the “SEND APPLICATION”
button and on further launches simply press the “LOGIN TO WESTERNPIPS PRIVATE”
button;

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 6. To register a new license, you must:
a) Enter your email in the Client Login field.
b) Click the “Send Application” button
c) If the license registration request is successful, you will see the message

As soon as our administrator approves your request, you will be able to log into the
program with your new login. License registration requests are processed from 1-3
days.

You can also contact our customer support and speed up the license activation
process.
Skype: group.westernpips
E-mail: [email protected]

a) If you see any other error message on the screen, contact us to fix the problem.

How to change your login if you forgot it or changed IP or VPS server

A license is created for a specific VPS or computer with an IP address binding,

and you cannot use the same username from another location.

First of all, send a request to email [email protected] with a

request to delete your old login. Once the administrator deactivates your old license,
you will need to send a request to register a new license. Requests to delete and
register a license are processed from 1-3 days. You can also contact our customer
support and speed up the process of removing and activating a license. Replacement
of licenses is free at the request of the client.

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 7. If your license is active, you will see the main window Westernpips Private 7

When you first start the program, you will not see some of the information, as for this
you need to add a broker to trade and log into your account to start trading. Automated
trading will also be available only after you open accounts on the brokers you need, replenish
them and add a new connection to the platform, only after that you can start automated
trading. To start and get acquainted with the interface of the program you need to use a demo
account.
We strongly recommend trading on a demo account for two weeks and only then proceed to
trading with real money. Software Westernpips Private 7 is a complex algorithmic program
and it requires the appropriate knowledge and experience in its use. Westernpips Group
does not bear any responsibility for all possible profits and losses incurred by the Client as a
result of the work of the program. Be extremely careful when using the program on real
money and do not leave the program unattended!

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WESTERNPIPS PRIVATE 7 PROGRAM
CONFIGURATION
DI RE CT T CP CO NNE C T TO MET A TR A D E R 4/5 BR OK ER S,
CO NNE CTIO N S ETTI NGS FI X A PI, ITC H P R O TOC OL
Westernpips Private 7 is a full-featured multi-terminal for hidden arbitrage,
supporting various formats for connecting to brokers and the ability to set up
simultaneous trading on an unlimited number of accounts and instruments.

List of available connection options:

- Direct MT4 TCP Protocol Trading;

Get quotes and trade directly via TCP protocol through a broker's server without
opening the Meta Trader 4 terminal and using expert advisors. Transactions look
like placed manually;

- Direct MT5 TCP Protocol Trading;

Get quotes and trade directly via TCP protocol through a broker's server without
opening the Meta Trader 5 terminal and using advisors. Transactions look like
placed manually;

- cTrader FIX Protocol Trading;

Getting quotes and trading under the FIX protocol.

- LMAX FIX/API Protocol Trading & Data Feed;

Get quotes and trading on the FIX protocol and the .Net API.

- FXCM FIX Protocol Trading;

Getting quotes and trading under the FIX protocol

- CFH Clearing FIX Protocol Trading;

Getting quotes and trading under the FIX protocol

- Fortex FIX Protocol Trading;

Getting quotes and trading under the FIX protocol
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- FIX Protocol Trading (at the request of the client add a custom broker
connection);
Getting quotes and trading using the FIX protocol on any broker at the client's
request (we will add a new connection using the provided documentation and
login information to the trading session).

- ITCH Protocol Market Data Feed (getting fast quotes only from the client’s
personal account);
Get quotes and configure the server part on the server provided by the client for
a direct connection to the broker's servers using the ITCH protocol.

- Trade Monitor 3.7 Data Feeder

Getting quick quotes from Trade Monitor 3.7 for all liquidity providers available
there, including free quotes from our servers from Lmax and Rithmic).

- Meta Trader 4/5 EA Connector

Getting quick quotes and trading on any Meta Trader 4/5 terminal through a
special connector advisor (a simpler and cheaper option).

To add a new connection, go to the tab

Find a list of available connections in the CONNECTIONS window.

Select the connection you need from the list and click the Add Connection
button, after which you will be asked to fill in a window with a login and
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password for the account, as well as a choice of trading server and other
connection settings that your broker should give you.

MT4 Connection – window for direct

connection to the broker server via TCP
protocol;
Login - Meta Trader 4 account number;
Password – Meta Trader 4 account
password;
Srv – data file for direct connection to
the broker's trading server; this file can
be found in the folder with the Meta
Trader 4 terminal via the File >>> Open
Data Folder menu >>> open the config
>>> folder select the required .srv file
with the name of the trading server ( For
example ICMCapitalUK-Real.srv);
Name – arbitrary name for the tab with
the created connection;

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Example of searching for the .crv file of the MT4 broker server

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MT5 Connection – window for direct
connection to the broker server via TCP
protocol.
Login - Meta Trader 5 account number;
Password – Meta Trader 5 account
password;
Server – IP address of the broker's
trading server;
Analyse servers.dat – a button to
search and extract the IP address from
the data file for direct connection to the
broker’s trading server; this file can be
found in the folder with the Meta Trader
5 terminal via the File >>> Open Data
Folder >>> menu open the folder >>>
select the required one servers.dat file;
A list of IP addresses will appear
automatically after which you will need
to select and connect to one of the
broker's servers.
Name – arbitrary name for the tab with
the created connection;

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An example of finding the servers.dat file of the MT5 broker server

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Lmax Fix Connection – window for direct connection to the server
Broker LMAX via FIX protocol.
Login – User Name from LMAX account;
Password – password from the account / personal account in LMAX;
Quote Session – data to connect to the session quotes;
Trade Session – data to connect to the trading session;
Name – arbitrary name for the tab with the created connection;
Accurate data for connecting to the Quote / Trade Session will be provided to you by a
broker, including SenderCompId, TargetCompId, Host, Port, Use SSL.

Similarly, the data are filled in to connect to other brokers with the FIX protocol.

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Lmax API Connection – window for direct connection to the server
Broker LMAX through API .Net.
Login – User Name from LMAX account;
Password – password from the account / personal account in LMAX;
Url – link to the LMAX trading server
Lmax demo account URL: https://testapi.lmaxtrader.com
Lmax real account URL: https://trade.lmaxtrader.com
Name – arbitrary name for the tab with the created connection;

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FastMatch Connection – window for direct connection to the server
FastMatch via ITCH protocol.
Login – User Name from FastMatch account;
Password – password from the account / personal account in FastMatch;
IP – Broker server IP address;
Name – arbitrary name for the tab with the created connection;

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After you fill in all the fields in the connection settings to the broker, you need to click
the “Accept” button to create a new connection or “Cancel” to cancel.

The list of added connections is stored in the CONNECTION table.

In the CONNECTIONS window, you can view current connections and edit / delete
them:

“Edit” - edit the current connection, change the connection settings;

“Remove” – delete current connection;

“Move Up” – move 1 line up;

“Move Down” - move down 1 line;

“Add Connection” - add a new account / connection to the broker;

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SET TI NG CO NNEC TI O NS WIT H MT4 / MT 5 BR OK ER
TH RO UG H E A C O NNE CTO R
In our program, it is possible to establish a simple connection with a broker through a
special adviser connector. This way of working is simpler and less expensive and gives
the opportunity to trade with Westernpips Private 7 to those who have not yet saved
up to purchase a tariff plan where there is a direct TCP Connect to Meta Trader 4/5
servers.

In order to install the adviser connector in the terminal you need to click
“Install MT4EA” or “Install MT5 EA”

The window for selecting broker terminals installed on your PC / server appears, tick
the terminals where you need to install the advisor:

Advisor connector will be installed automatically.

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Settings EA Connector Westernpips Private 7:

ChannelName – The purpose of the communication channel of the advisor with the
program, to establish the connection, the ChannelName must be equal to the symbol
name in the Westernpips Private 7 program.
ExpertSleepMs – frequency of data transmission / quotes by the advisor in
milliseconds.

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 A little about arbitration strategy.

The Westernpips Private 7 program works on several built-in Latency Arbitrage

algorithms (delayed price, price arbitrage, trading on lagged quotes).

To successfully work with this algorithm, you need to connect to a fast flow of quotes
directly from Westernpips Private 7 or via Westernpips Trade Monitor 3.7, as well as a
powerful VPS server (or dedicated server) with minimal ping to the fast quotes
provider and the broker where you plan trade. Choosing the right cent date is a key
point that should not be ignored. If you did everything correctly, you will receive fast
quotes at a speed of less than a millisecond and you will have a guaranteed
advantage in the speed of receiving data over a slow broker server.

Quotations hang occurs due to errors in the broker’s software and problems on its server.
The broker can also use the Bridge (bridge) connecting it with the liquidity provider. Due
to this, quotes can also slow down. Especially strongly, the difference in quotations is
noticeable on the large market volatility, at the time of the release of important economic
news, the publication of analysts of rating agencies, changes in economic data and so
on.

Westernpips Trade Monitor 3.7 is a universal software that allows you to get the fastest
quotes from the largest liquidity providers today: Rithmic, CQG, Interactive Brokers, CTS
T4 from America, Lmax Exchange, Saxo Bank, Gain Futures, IQ Feed Of Europe. To work
with these providers you need to open a demo or live account. For the use of quotes
may be charged a monthly fee.

You can also use free quotes via Westernpips Server Feed (our own fast quotes server
from Lmax Exchange and Rithmic).

In the Westernpips Private 7 software, you can trade a choice of several arbitration
strategies:

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To create a tab with a new strategy, click on the button and select a strategy from
the list of available ones.

One Leg – strategy of classic latency arbitrage on a slow broker. Used quotes from a fast
broker to open trades on a slow broker.

Two Leg Lock – bipedal arbitrage strategy between two different accounts / brokers
using quotes from a fast liquidity provider. The total locking positions on two accounts
allow you to control the duration of transactions by time and profit / loss in points.

Multi Leg Spread – spread trading strategy (correlation) between the same instrument
/ symbol on different brokers. Several brokers can participate in trading at once to find
the best price for buying and selling at price differences.

Two Leg Simple Hedge – the strategy of bipedal arbitrage between a slow broker and
a fast supplier of quotes where the locking position is set at a fast supplier of quotes and
allows you to hold a position on a slow broker for an arbitrarily long time to comply with
the broker’s rules.

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Алгоритм 2 Leg Lock Arbitrage – is the latest development of our programmers. The
main purpose of creating this algorithm was a complete disguise and a completely new
approach to arbitration. The classic arbitration algorithm creates a fierce competition of
players ahead of the prices at the entry point and there are less and less chances to
execute a transaction without slipping. In order to solve this problem and at the same
time preserve the profitability of the strategy, we developed a new algorithm in which
the arbitration signal no longer serves as an entry point into a deal, but rather, the
signal closes a long-open deal. At the same time, trading is conducted in parallel on
two different accounts of a slow broker (or on two different slow brokers). The broker is
less likely to recognize the use of arbitrage / scalping in your account because now the
duration of all transactions exceeds the specified limits, and the opening prices of
transactions do not coincide with the price gap point, in the history of the account all
transactions look chaotic - there are transactions with a different number of profit
points / loss and duration of time, and all this is a reliable method of masking and
protecting your account. To obtain an arbitration signal, a fast supplier of quotations is
used, and the transactions themselves are opened on different accounts / terminals of
two slow brokers. There is a smooth flow of capital between accounts and an increase
in the total total deposit on two accounts. The algorithm provides for the control of the
direction of buy / sell / full lock orders on both accounts, as well as the control of
possible risks.

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The Multi Leg Spread Arbitrage algorithm is a strategy for finding price
discrepancies for different brokers / quote providers. The discrepancy in prices must
exceed the value of the spread for successful trading. This strategy is applicable to any
trading instruments and our new algorithm allows analyzing several different brokers at
the same time and choosing the most advantageous price combinations for making
deals. The algorithm will select a pair of brokers from the ones you have added with
the maximum difference in prices and open a BUY transaction at the lowest price ASK
and a SELL transaction at the highest price BID, profit will be obtained when prices
return to their range or if the price diverges in the opposite direction. This method is
also called spread trading or correlation.

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Strategy 2 Leg Simple Hedge is a very convenient and easy way to disguise
transactions through a fast supplier of quotes. A slow broker and a fast supplier of
quotes are involved in trading where locking of transactions takes place to ensure
protection of an account on a slow broker against blocking / banning. The use of a new
strategy allows you to control the duration of transactions by time and profit / loss in
points. The main innovation in the algorithm was the entry model in the transaction;
now, at the signal of arbitration, we do not open the transaction, but close one of the
open transactions in the lock, which allows us to avoid slipping and hide the place of
the arbitration entry from the broker's eyes. To work with this strategy, you will need to
have a deposit for trading at a fast supplier of quotes.

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TRADING STRATEGY SETTINGS AND STARTING
AUTOMATIC TRADE IN
IN WESTERNPIPS PRIVATE 7 PROGRAM
ST R ATE G Y S ETTI NG S A ND P R OG R A M I NTE RF AC E
After the first launch of the program, you will need to add new connections to brokers
and then begin trading with the strategy. Choose a strategy and create a new tab.

To create a tab with a new strategy, click on the button and select a strategy from
the list of available ones.

A new window will appear with the strategy settings (1 Leg Classic):

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FAST Window – Here you can select the fast quotes source Provider from the list of
available connections and indicate the exact name of the Symbol tool.

SLOW Window – Here you can choose a slow broker for trading on your account (added
earlier to the list of connections) and indicate the exact name of the Symbol tool.

Trading Window – Here you can set up the trading strategy settings and its launch.

A detailed description of the settings for each strategy can be found in the tables below.
We have created the best algorithm for working on the latency arbitrage strategy. You have
access to the basic settings that will help you earn, without any difficulties. At your choice, we
offer all suppliers of fast quotes available today. Also available are settings for the speed of
the program and its modules for optimizing CPU usage and computer resource utilization.

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Chart Window – tick chart of incoming quotes and Gap values (divergence of quotes in
points).

Data Feed Analyse Window – The panel displaying the current values of quotes on fast
and slow brokers, as well as the signal Gap values for opening Buy / Sell transactions, the
current time stamp with nanosecond accuracy and the value of the trading lot.

Strategy Log Window – A detailed log of the strategy with the display of information
about all incoming signals, opening and closing of transactions, the amount of slippage
and possible connection errors.

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 Strategy Settings Table 1 Leg Classic:
SETTINGS NAME DESCRIPTION
Log Save log entries to a separate .logs folder
Chart Show Chart window with quotes comparison chart and Gap values
Save Save tick history in the .data folder with the possibility of further analysis through
the Analyzer window.
Slippage Maximum allowable slippage for opening / closing orders for brokers with Instant
Execution
Point The number of decimal places in the value quotes
This is a very important point and all calculations depend on it! Be careful!
For example:
For EURUSD: if you have a 5 digit quote of 1,12385, then PipSize = 0.00001
For EURUSD: if you have a 4 digit quote of 1,1238, then PipSize = 0.0001
For USDJPY: if you have a 3-digit quote 117.256, then PipSize = 0.001
For GER30: if you have a 2 digit quote of 11337.25, then PipSize = 0.01
For GER30: if you have a 2 digit quote of 11337.25, then PipSize = 0.01
For UK100: if you have 1 digit quote 7037,5 then PipSize = 0.1
Magic Magic trades (visible to the broker when its value is not equal to 0), if Magic = 0,
then all trades are visible to the broker as Placed Manually.
Sleep (ms) The frequency of the comparison cycle of quotes in milliseconds. The closer this
value is to zero, the greater the load on the VPS and the faster the analysis of
incoming ticks.
AutoShift Enable the automatic alignment of quotes between fast and slow broker.
ShiftBid Manual Bid Price Shift in points
ShiftAsk Manual shift of the Ask price in points
AutoSettings[Spread] Enabling the mode of calculating settings based on the value of the spread:
MinLevelOpen= MinLevelOpen*spread+spread; FixTP= FixTP*spread; FixSL=
FixSL*spread+spread; MinLevelClose= MinLevelClose*spread;
MaxSpread The maximum value of the spread on a fast supplier of quotes at which the signal is
searched. Protection against spread jumps on a fast supplier.
Open Allow the opening of transactions and automatic trading on the account.
Lot Lot size for opening a trade on a slow broker.
MinLevelOpen The magnitude of the difference in quotes in points (or in the spread factor if
AutoSettings = true) for opening a trade.
MinLevelClose The value of the reverse divergence of quotes in points (or in the spread ratio, if
AutoSettings = true) for closing the transaction.
If MinLevelClose = 0, then the transaction will be closed by the values of FixTP /
FixSL.
FixTP The profit in points (or in the spread ratio, if AutoSettings = true) for closing the
transaction. Virtual TakeProfit.
FixSL Loss value in points (or in a spread ratio if AutoSettings = true) for closing a deal.
Virtual StopLoss.

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Strategy Settings Table 2 Leg Simple Hedge:
SETTINGS NAME DESCRIPTION
LockType Selecting the Buy / Sell / Full locking type
In Buy mode, when you first start the strategy, you place Buy orders on
a fast broker and Sell on a slow broker (trading is conducted only on a
slow broker and only on Buy signals; when a buy signal arrives, the Sell
order closes and after the profit / loss conditions occur on the
MinlevelClose or FixTP / FixSL signal, the locking Sell order is placed again.
In the Sell mode, when you first start the strategy, you place locking Sell
orders on a fast broker and Buy on a slow broker (trading is conducted
only on a slow broker and only on Sell signals, when a sell signal appears,
the Buy order closes and after the conditions for fixing profit / loss occur
on the MinlevelClose or FixTP / FixSL signal, the Buy locking order is
placed again.
In Full mode, at the first start of the strategy, locking orders Sell and Buy
are placed on a fast broker and Buy and Sell on a slow broker (trading is
conducted only on a slow broker by Sell / Buy signals, when a buy / sell
signal appears, the Buy / Sell order closes and after the occurrence of the
conditions for fixing the profit / loss on the MinlevelClose or FixTP / FixSL
signal, the Buy / Sell locking order is placed again.

LotFast Lot size for opening a transaction on a fast broker.

LotSlow Lot size for opening a trade on a slow broker.
MinOrderTime(sec) Minimum order duration in seconds. All deals will always be longer than
the specified value.
MinOrderPoint The minimum number of points (profit / loss) on open transactions in the
lock for the start of the signal trading algorithm

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Strategy Settings Table 2 Leg Lock Arbitrage:
SETTINGS NAME DESCRIPTION
LockType Selecting the Buy / Sell / Full locking type
In Buy mode, when the strategy starts for the first time, Buy orders are
placed on the first slow broker / account and Sell on the second slow
broker / account (trading is conducted on the first slow broker only by sell
signals, on the second slow broker only by buy signals). When a sell signal
appears on the first slow broker, the Buy order closes and after the
conditions for fixing profit / loss on the MinlevelClose or FixTP / FixSL
signal occur, the Buy locking order is placed again. When a buy signal
appears on the second slow broker, the Sell order closes and after the
conditions for fixing profit / loss on the MinlevelClose or FixTP / FixSL
signal occur, the locking Sell order is placed again.
In Sell mode, when the strategy is first launched, locking Sell orders are
placed on the first slow broker / account and Buy on the second slow
broker / account (trading is conducted on the first slow broker only by
buy signals, on the second slow broker only by sell signals). When a buy
signal appears at the first slow broker, the Sell order closes and after the
conditions for fixing profit / loss on the MinlevelClose or FixTP / FixSL
signal occur, the locking Sell order is placed again. When a sell signal
appears on the second slow broker, the Buy order closes and after the
conditions for fixing profit / loss on the MinlevelClose or FixTP / FixSL
signal occur, the Buy locking order is placed again.
In Full mode, when the strategy starts for the first time, locking orders
Sell and Buy are placed on the first slow broker / account as well as Buy
and Sell orders on the second slow broker / account (trading is conducted
on both accounts using buy / sell signals). When a buy / sell signal appears
on the first slow broker, the Sell / Buy order closes and after the conditions
for fixing profit / loss on the MinlevelClose or FixTP / FixSL signal occur,
the Sell / Buy locking order is placed again. When a sell / buy signal
appears on the second slow broker, the Buy / Sell order closes and after
the conditions for fixing profit / loss on the MinlevelClose or FixTP / FixSL
signal occur, the Buy / Sell locking order is placed again.
Lot1 Lot size for opening a trade on the first broker.
Lot2 Lot size for opening a trade on the second broker.
MinOrderTime(sec) Minimum order duration in seconds. All deals will always be longer than
the specified value.
MinOrderPoint The minimum number of points (profit / loss) on open transactions in the
lock for the start of the signal trading algorithm

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To calculate the signals, quotes from a fast supplier of quotations are used, and the trade
itself is conducted on two different accounts / brokers with slow quotes. It is necessary
to correctly fill in the names of the instruments on each supplier / account / broker.

FAST – fast quotes provider;

SLOW1- first slow trading account / broker;

SLOW2- second slow account / broker for trading;

Trading and placing locking orders goes between SLOW1 and SLOW2 accounts using
quotes from a fast FAST provider.

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Strategy Settings Table Multi Leg Spread Arbitrage:
SETTINGS NAME DESCRIPTION
Log Save log entries to a separate .logs folder
Slippage Maximum allowable slippage for opening / closing orders for brokers with
Instant Execution
Point The number of decimal places in the value quotes
Magic Magic trades (visible to the broker when its value is not equal to 0), if Magic =
0, then all trades are visible to the broker as Placed Manually.
Sleep (ms) The frequency of the comparison cycle of quotes in milliseconds. The closer this
value is to zero, the greater the load on the VPS and the faster the analysis of
incoming ticks.
Open Allow the opening of transactions and automatic trading on the account.
Lot The automatic lot size for opening a trade on the broker, the exact lot size for
each broker can be configured in the broker's quotes window.
MinLevelOpen The size of the difference in quotes / difference in points between the maximum
Bid value from all brokers (a Sell transaction will be opened on this broker) and
the minimum Ask value from all brokers (a Buy transaction will be opened on
this broker).
MinLevelClose The value of the reverse divergence of quotes in points for closing the
transaction.
If MinLevelClose = 0, then the transaction will be closed by the values of FixTP
/ FixSL.
FixTP The profit in points (or in the spread ratio, if AutoSettings = true) for closing the
transaction. Virtual TakeProfit.
FixSL Loss value in points (or in a spread ratio if AutoSettings = true) for closing a
deal. Virtual StopLoss.
MinOrderTime(sec) Minimum order duration in seconds. All deals will always be longer than the
specified value.

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To add a new broker to the Multi Leg Spread Arbitrage comparison and automated
trading algorithm, select a broker from the list of available brokers and specify the exact
name of the trading tool, then click the “Add Broker” button

The broker will appear in the comparison table:

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You can add an unlimited number of brokers to compare and trade between them. Do
not forget to choose the right lot size for each broker, depending on the conditions of
margin and leverage.

To remove a broker from the table, click on it and click the “Remove Broker” button.

To start automated trading, click the “Start” or “Stop” button to end / pause automated
trading.

The DashBoard tab is intended for viewing strategies and connections.

Here you can quickly start / stop trading by clicking the “Start” / ”Stop” button, as well
as view detailed information about the time / quotes / GapBuy / GapSell values as well
as open the saved history in the Tick Analyzer by clicking the button .

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Analyzing the saved tick history in the Analyzer window:

The tick history is stored in the .data folder.

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Detailed log files from the .logs folder store all the information about the trading history
and the saved tick history of quotes.

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 Running Quick Quotes from Trade Monitor 3.7

1. Next, you need to run the Westernpips Trade Monitor 3.7 program to connect fast
quotation providers or advisors connectors in Meta trader 4 / Meta Trader 5 /
cTrader / Ninja Trader 8 terminals (from the Multi Connectors folder).

Instructions for launching fast suppliers of quotes are on our website:

https://westernpips.ru/Arbitrage_Forex_Software_Trade_Monitor_3.7_Exclusive_User_Guide_New!.pdf

Description of the program Westernpips Trade Monitor 3.7 is on our website:

https://westernpips.ru/new_version_westernpips_ea.html

BRIEF INSTRUCTIONS ON STARTING WESTERNPIPS TRADE MONITOR 3.7

1. Install Westernpips Trade Monitor 3.7 (the installation file is located in the
program files folder).

Run the program by clicking on the shortcut on the desktop

A login form will appear where you need to enter your email and click the “Login To
Trade Monitor” button. If you do not have a registered login, click the “Send
Application” button and wait for the license to be activated.

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Next, in the main window of the program, select the supplier of fast quotes you need
by clicking on the button with the name of the supplier or on the “Multi Connectors”
button to select other suppliers from the list. Next, enter your login and password and
click the “Start” button to start the quote monitor. By clicking the “Instruments” button
you can select the available trading tools.

To connect to free quotes from our server, select the “Use server Feed” checkbox
and just click the “Start” button (no need to enter your login and password!). This
feature is only available for suppliers Lmax and Rithmic.

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After that, the monitor will start with quick quotes.

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 BRIEF INSTRUCTIONS ON STARTING QUICK QUOTES ON MULTI CONNECTORS
TECHNOLOGY FROM THE META TRADER 4 / META TRADER 5 / CTRADER / NINJA
TRADER TRADING TERMINALS

1. Launch Westernpips Trade Monitor 3.7

2. Install the Meta Trader 4 trading terminal
3. Copy the contents of the “MT4 Connector” folder to the experts and Libraries
folders of the Meta Trader 4 terminal (Files >>> Open Data Folder)

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 4. Launch the advisor connector Westernpips Newest PRO 3.7 Exclusive MT4 Connector on
the currency pair or instrument you need:

Instructions for running advisors connectors in other platforms can be found here:
Meta Trader 4 API
http://westernpips.com/MetaTrader_4_Data_Feed.html
Meta Trader 5 API
http://westernpips.com/MetaTrader_5_Data_Feed.html
cTrader API
http://westernpips.com/cTrader_Data_Feed.html
NINJA TRADER 7/8 API
http://westernpips.com/NinjaTrader_Connector.html

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CONTACT US
The company Westernpips Group positions itself in the market as a hightech
company with its algorithmic systems, advanced IT infrastructure, large-scale
developments and a wide range of various services. The programs is one of the main
information products of the Company.

Our team of highly qualified programmers is developing software for the Forex
market and CFD`s as well as for the crypto currency market. Our software combines the
largest liquidity providers (quotations) at the moment, and is a unique development of
our specialists, created specifically for arbitrage trading with a lot of tools for arbitrage
on Forex, CFD`s and crypto currencies that help you earn.

Westernpips Group is one of the few companies that provide fast data feed
directly from exchanges. As a result, our customers receive the fastest, most reliable
and accurate quotes. Many large institutional traders rely on Westernpips Group's
software in their arbitrage trading.

SKYPE TO: OFFICIAL WEB SITES:

westernpips.com http://westernpips.com
westernpips http://westernpips.ru
group.westernpips http://westernpips.cn

E-MAIL TO:
[email protected]
[email protected]
[email protected]

WESTERNPIPS PRIVATE 7 AUTHORS AND DEVELOPERS:

SERGEY B. & SVETLANA B. WESTERNPIPS
VICTOR M., NIKOLAY.Ch, SERGEY M. AND OTHERS FROM WESTERNPIPS GROUP
Copyright © 2007-2019 http://www.westernpips.com All rights reserved.

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