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FXQuasar User Manual

The document provides instructions for installing the FXQuasar expert advisor (EA). It explains that users need to copy specific files (.ex4 or .ex5 and .dll files) to their MT4/MT5 folders, reboot their terminal, and drag and drop the FXQuasar EA onto a chart. Users also need to enable allowances for live trading, DLL imports, signal settings modification, and algo trading. Key parameters that can be configured include risk level, drawdown control, slippage, order filling type, and NFA compliance settings. A minimum deposit of $600 is required to use 0.01 lot size with the recommended 35% risk level.

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Alexandre Vassoler
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109 views2 pages

FXQuasar User Manual

The document provides instructions for installing the FXQuasar expert advisor (EA). It explains that users need to copy specific files (.ex4 or .ex5 and .dll files) to their MT4/MT5 folders, reboot their terminal, and drag and drop the FXQuasar EA onto a chart. Users also need to enable allowances for live trading, DLL imports, signal settings modification, and algo trading. Key parameters that can be configured include risk level, drawdown control, slippage, order filling type, and NFA compliance settings. A minimum deposit of $600 is required to use 0.01 lot size with the recommended 35% risk level.

Uploaded by

Alexandre Vassoler
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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USER MANUAL

HOW TO INSTALL THE EA:

Open your MT4/MT5 terminal. Go to File → Open Data Folder → MQL4/MQL5 → Experts. Copy and paste
FXQuasar.ex4 file (if you use MT4), or FXQuasar.ex5 file (if your use MT5) from the archive you received to the
mentioned folder.
Then go to File → Open Data Folder → MQL4/MQL5 → Libraries. Copy and paste ForexStore_1.4.dll file (if you
use MT4), or ForexStore_MT5_1.4.dll file (if you use MT5) from the archive to the mentioned folder. Reboot your
MT4/MT5 terminal.
Open an AUDUSD chart with ANY time frame. Drag and drop FXQuasar from the Navigator panel to the
open chart. Choose Common tab and check the boxes “Allow live trading” with “Allow DLL imports” (if you
use MT4) and “Allow modification of Signal settings” with “Allow Algo Trading” (if you use MT5) as it is
shown on the screenshot:

Choose Inputs tab, specify your desired risk, if needed (more information about all the parameters you can
find below), or keep the recommended default settings. We recommend to set the risk up to 35% (RiskLimit=35).
Minimum deposit needed for the EA is $600 for 0.01 lot.
Make sure that AutoTrading is enabled and the symbol “>” is running:

NOW YOU ARE READY TO START!


HERE YOU CAN READ MORE ABOUT ALL THE PARAMETERS OF FXQUASAR:

AutoRisk – the money management of FXQuasar. If “true” the EA will set lot size automatically, based on
your deposit and the risk you set. If “false” the EA will use lot size, which you can set manually in StartLot.
RiskLimit – a part of your deposit (in percentage) which the EA will use for trading. Doesn’t work if
AutoRisk is “false”. The minimum deposit which is required for the EA is equal to 100% risk. To be able to
trade with a lower risk your deposit should be bigger than the required deposit. For trading with the
recommended 35% risk your deposit should be $1800.
StartLot – lot size, which you can set manually. Doesn’t work if “AutoRisk” is “true”.
Drawdown Control – if “true” the EA works as usual and limits a drawdown. If “false” the EA removes all
StopLosses and stops limiting a drawdown. It helps to wait for a rollback to clients who are willing to take
that risk.
Slippage – slippage, which you can set manually.
NFA – if “Yes”, the EA will disable opening of possible opposite trades (no hedge) and apply FIFO rule. If
“No”, the EA will trade without NFA limitations. Hide Stops will hide SL and TP for all orders, if that is
needed, and the EA will close trades in the necessary moments at their Market prices, same as on our
account. Please notice, despite the fact of enabling NFA option, some brokers may show a FIFO error from
time to time, but it is not dangerous for the logic of the EA.
MT5 version of the EA has an additional parameter - Order_Filling_Type:
ORDER_FILLING_FOK – an order can be filled only in the specified amount. That is a recommended default
mode for a guaranteed proper work of the original strategy.
ORDER_FILLING_IOC – a trader agrees to execute a deal with the volume maximally available in the
market. In case of using this mode, there could be a violation in the strategy of the EA, and we cannot
guarantee a proper operation of the system in all kind of situations. Use this mode only if the default FOK
mode is forbidden and you are ready to put up with possible deviations in the strategy.
ORDER_FILLING_RETURN – in case of partial filling an order with remaining volume is not canceled but
processed further. In case of using this mode, there could be a violation in the strategy of the EA, and we
cannot guarantee a proper operation of the system in all kind of situations. Use this mode only if the
default FOK mode is forbidden and you are ready to put up with possible deviations in the strategy.

If you have any questions, please contact us: [email protected]

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