TakePropips Trading

Management Solutions
Installation Guide
https://www.takepropips.com

©2021-2023 TakePropips, All Rights Reserved. Rev 8, 04/23

 Important Notice
Please Note: This product is manufactured and sold only by TakePropips. Please be aware of
the unauthorized seller selling this product. This software can only be purchased at
https://www.takepropips.com/

If you trade with TakePropips Trading Management Solutions, you are doing so at your own
discretion. TakePropips and/or its owner will not accept liability for any loss or damage,
including without limitation to, any loss of profit, which may arise directly or indirectly from use
of the product.
Warning: TakePropips Trading Management Solutions is protected by copyright law.
Unauthorized reproduction, distribution and/or modification of this program, or any portion of
it, may result in severe civil and criminal penalties, and will be prosecuted under the maximum
extent possible under law.

Other Resources:
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You can manage your license on our licensing dashboard: https://dashboard.takepropips.com
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Please follow the step-by-step instructions for proper installation.

Step 1. Activate your accounts license.

To activate your license, you will need to log in on our licensing dashboard:
https://dashboard.takepropips.com
Your login detail is sent to your email after you made your order, so please make sure to check
your inbox. If you can’t find it on your inbox, then check your spam/junk folder.

After logging in, click the “Licenses” menu and it will list all the products you have purchased.
Find the product you want to activate and then click the “View / Edit Accounts” link.

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From here, you can manage and activate your live and demo accounts.

Then you need to determine the MT4 account number(s) you want to activate on your license.
Your MT4 account number is located on the left side of MetaTrader’s program -> Navigator
Panel -> Accounts -> Broker -> Demo / Live. You can also find the current account number
running on your MT4 on the upper left corner of the MT4 terminal. You can also find these
numbers on your broker’s account page.
In the example screenshot below, the MT4 account number is 4681366.
You will also need to determine whether this account is a demo or live account.

It is highly recommended that you first use a demo account during the learning phase of this
trading system.
Note: Your MT4 account number will be tied to your license to secure the program and prevent
uncontrolled distribution. The MT4 account number is safe to provide to us and it will only be
used to secure your licensed copy.

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Enter the MT4 account number. If it’s a live account, then enter the account number on the
“Live Accounts” field, and if it’s a demo account, then enter the account number on the “Demo
Accounts” field.
If you try to enter a live account in the demo accounts field, then your license for that account
will not work, so make sure to input the account number on the correct field.
Then click “Save”.

Step 2. Download the software.

If you just made your purchase, then you will be directed to the download page right after
checkout and an email will also be sent to you for the download link.
You can also download the software on our licensing dashboard:
https://dashboard.takepropips.com

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Step 3. Extract the zip file.
After you have downloaded the software, you will need to extract the zip file. Right click on the
zip file and select “Extract All…” or “Extract files…”.

If it asks for a password, then please enter takepropips.com

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Step 4. Copy the file.
Open the extracted folder and go to “Experts” folder. Then right click on the file and click
“Copy”. We will paste this file later on your MQL4 Experts folder.

Step 5. Open your MetaTrader 4.

After opening your MT4, go to the upper left corner of the terminal and click “File”, then click
“Open Data Folder”.

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Step 6. Open MQL4 folder.

Step 7. Open the “Experts” folder.

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Step 8. Paste the file we copied on Step 3 to this “Experts” folder.

Step 9. Go back to your MetaTrader 4 terminal and click “Tools” and then
“Options”.

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Step 10. Go to “Expert Advisors” tab.
Make sure to check the options “Allow automated trading”, “Allow DLL imports”, and “Allow
WebRequest for listed URL”.
Then paste this link: https://ec.forexprostools.com/
Then click OK.

Step 11. Make sure “AutoTrading” is ON (Green play icon).

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Step 12. Refresh the Expert Advisors list.
Go to the Navigator window under your Market Watch. If you do not see the Navigator
window, then you can enable by pressing CTRL + N or go to “View” and select “Navigator”.

Then right click “Expert Advisors” on Navigator window and click “Refresh” so that the EA we
pasted will appear on the Expert Advisors list.

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After refresh, you should see the “TakePropipsTradingManagementSolutions”.

Step 13. Copy your license key.

Sign into your account at https://dashboard.takepropips.com
Go to “Licenses” menu and click “View / Edit Accounts”.

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Copy your license key and make sure your MT4 account number is activated from Step 1.

Step 14. Open a new chart.

Make sure to open a new blank chart so we can apply the EA. You can do this by going to “File”
and select “New Chart”. You can select any instruments to open the chart.

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Step 15. Apply the EA to the new chart.
Apply the EA to the chart by dragging it to the chart or just by double clicking the EA.

Step 16. Check Common tab.

You will see a dialog box after applying the EA to the chart. Now go to “Common” tab and make
sure “Allow live trading” and “Allow DLL imports” are selected.

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Step 16. Insert License Key.
Then go to “Inputs” tab and paste your license key on the “LICENSE KEY” input, under the
“Value” column.

Step 17. Add suffix (If applicable)

Go to the Market Watch window. If you don’t see the Market Watch window on your MT4
terminal, then you can press CTRL + M or go to “View” then select “Market Watch”.
Then check if the pair names on your broker have any suffixes. Suffix means a special
character(s) added at the end of the pair name. Example: EURUSD.m, which means .m is your
suffix. Another example is XAUUSD.pro, which means .pro is your suffix.

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If the pair names on your broker have a suffix, then you will need to add this on the “Symbol
Suffix” input setting of the EA. You can refer to the Troubleshooting section of this document if
you need more help in adding different type of suffix to the EA.
If there is no suffix on the pair names, then leave it blank.
Press OK.

Step 18. Go full screen.

If the dashboard on your screen cuts off, then you can go full screen by going to “View” and
click “Full Screen”. The dashboard is best used on full screen mode.

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Congrats! The EA has been installed successfully. Please review the user manual provided to
you in the zip file so you can understand all the features available on this system. It is
recommended that you start first on a demo account to familiarize yourself with how the EA
works and all its functionalities.
If you have any questions or still need help installing the EA, please email us at
[email protected]

Troubleshooting
The pair names that I want to add on the dashboard have a suffix (Example, EURUSD.m), how
can I implement this?
Example #1: You want to add pairs with the same suffix on the dashboard. Example: EURUSD.m,
USDCAD.m, XAUUSD.m NAS100USD.m, and GBPUSD.m (all pairs have same suffix of .m)

You will need to enter the suffix on the “Symbol Suffix” input setting. For example, if your brokers
symbol for “EURUSD” is “EURUSD.m”, then you will need to enter “.m” on this input.

If you are adding any inputs on “Additional Pairs List” or “Custom Pairs List”, then you need to input the
pair names without suffix and enter the suffix on the “Symbol Suffix” setting.

Example #2: You want to add pairs with 2 or more different suffixes on the same dashboard. Example:
EURUSD.m and XAUUSD.pro (.m and .pro suffix are different)

You will need to switch the “Currency Preset” to “Custom Pairs List” and manually type the pair names
including the suffix on the “Custom Pairs List” input setting. You cannot input the suffixes on the
“Symbol Suffix” because you are adding pairs with 2 or more different suffixes.

Example #3: You want to add pairs with a suffix AND pairs without suffix on the same dashboard.
Example, EURUSD.m and GBPJPY (EURUSD has suffix and GBPJPY does not have suffix)

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You will need to switch the “Currency Preset” to “Custom Pairs List” and manually type the pair names
including any suffix on the “Custom Pairs List” input setting. You cannot input the suffix on the “Symbol
Suffix” all pairs will use this setting to append the suffix on every pair names.

How can I customize the pairs shown on the trading dashboard?

You can go to the input settings of the EA and select your “Currency Pairs Preset” setting. The default is
set to 7 Major Pairs but you are able to change this. You can also add non-FX pairs such as Indices,
Commodities, and Crypto in addition to the currency pre-set by adding the pair names on the setting
“Additional Pairs”.

If you do not want to use currency presets, then you can switch the Currency Pairs Preset setting to
“Custom Pairs List”. Then input all the pairs you want to show on the dashboard on the setting “Custom
Pairs List”.

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Currency Presets settings:

Major 7 Pairs includes:

EURUSD;GBPUSD;USDJPY;USDCAD;AUDUSD;USDCHF;NZDUSD

Major 14 Pairs includes:

EURUSD;GBPUSD;USDJPY;USDCAD;AUDUSD;USDCHF;NZDUSD;EURGBP;EURJPY;EURCHF;EURAUD;GBPJP
Y;GBPAUD;GBPCHF

Major 28 Pairs includes:

AUDCAD;AUDCHF;AUDJPY;AUDNZD;AUDUSD;CADCHF;CADJPY;CHFJPY;EURAUD;EURCAD;EURCHF;EURG
BP;EURJPY;EURNZD;EURUSD;GBPAUD;GBPCAD;GBPCHF;GBPNZD;GBPUSD;GBPJPY;NZDCHF;NZDCAD;NZ
DJPY;NZDUSD;USDCAD;USDCHF;USDJPY

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