1. What’s the minimal stability required?
You can begin with a small or giant amount of cash as you favor.
Simply guarantee your account has sufficient funds to open trades. For instance, if the leverage is 1:1000, you can begin with as little as $100.
2. What’s the minimal leverage required?
Any, suggest 1:500. In case you use a low leverage account, then it is advisable to deposit a bigger amount of cash to have sufficient funds to open trades.
3. Are there any concerns concerning the unfold degree?
Suggest: 100-250 for US30 pairs (2 digits sort)
4. Any recommendation on choosing a Dealer?
EA is at the moment operational on brokers corresponding to IC Markets, Tickmill, Vantage, …. (all 2 digits for US30 pair)
Suggest: IC Markets
5. Can EA be used alongside different EAs on the identical account?
Sure, it may.
6. What do the ten activations imply when shopping for EA efficiently?
Upon profitable buy of EA, you should have 10 activations. With every activation, EA will be put in on an infinite variety of buying and selling accounts, terminals, and brokers on the identical pc. Solely when putting in EA on a distinct pc will an activation be used up. This implies you need to use EA on an infinite variety of buying and selling accounts on as much as 10 totally different computer systems.
Downloading up to date variations of EA is just not counted as an activation.
Handle your units successfully. In case of VPS rental, select a long-term plan and the choice to resume the present VPS as an alternative of renewing the VPS tackle. This manner you need to use the EA for an infinite time.
7. Do you could have any recommendation on selecting and utilizing VPS?
Relating to VPS, should you solely plan to make use of EA on 1 or 2 accounts, a minimal configuration of 1GB RAM and 1 core CPU, 16GB storage reminiscence is sufficient to meet your wants. If you wish to run EA on extra accounts, think about using the next configuration VPS.
MQL5 additionally offers their very own VPS service, which is appropriate for brand spanking new prospects utilizing EA for the primary time and don’t wish to deeply contain in VPS operation, as every thing is already built-in into the system and customers solely have to hire VPS, pay and press the ‘Synchronize’ button.
In case you desire a ‘’true’’ digital pc, the place you possibly can set up extra accounts, EA as you want, then you shouldn’t use the MQL5 VPS service, I like to recommend merely selecting an area service supplier, the place they’ll help you in your native language and simple fee.
8. What settings are the EA sign account utilizing for go prop funded?
It’s as much as your plan. I’m utilizing low danger set file for prop funded.
9. Can EA be used for Propfirm problem? What ought to I take into accout?
Sure, EA can. However not promise 100% go.
Let verify this weblog to know extra element: Move prop problem in 14 buying and selling days
10. Can EAs be used to commerce Gold, BTC?
No.
11. Can EA be used to commerce different forex pairs?
You may strive, however suggest solely US30 Pair
12. What are the variations between Threat modes?
Let verify right here: https://www.mql5.com/en/blogs/publish/756912
13. What’s the anticipated revenue and danger with every Threat mode?
It relies upon closely on market construction, and there’s no fastened quantity. You may confer with backtest information to estimate for your self.
14. How ought to I proceed with backtesting?
You must use information from dependable sources (Tickstory, Tick Information Suite, and many others.) and make the most of the ‘Each tick’ mannequin with MT4/5 when conducting backtests. This ensures extra dependable backtesting outcomes.
15. EA can be utilized as an funding channel to carry secure long-term earnings?
Sure, all of my EAs are aimed toward attaining sustainable long-term profitability.
16. Is there any distinction between the MT4 and MT5 variations? Which model ought to I select?
There is no such thing as a distinction in buying and selling operations between the MT4 and MT5 variations of EA.
17. Set up generally encounters the “ZERO MONEY” error.
This can be a verify for the prop account. Please observe these steps to set it up:
1. For MT4: Choose “Account historical past” => Proper-click => Select “All historical past”.
2. For MT5: Please set it up when the market opens or message me (as this notification is uncommon in MT5).
18. How do I do know if EA has been put in efficiently?
After profitable set up, the EA will place purchase/promote cease orders. You will notice this after one candle closes.
19. Do you could have some other communication channels corresponding to telegram, discord? Is there a gaggle for EA customers?
Please verify hyperlink in bio: https://www.mql5.com/en/customers/lothimailoan/information
20. Some days EA is totally silent, is that this regular?
Sure. It’s regular.
21. Why is the buying and selling exercise on my account totally different from yours, regardless that we use the identical settings file?
Please learn that totally different brokers could have totally different worth information. Even the identical dealer nonetheless has totally different spreads between account varieties. All of those result in variations in buying and selling actions, though small, they’ll nonetheless happen.
22. If the EA incurs losses exceeding the set share for a day or for your complete account, what occurs?
The EA will robotically cease buying and selling and won’t open extra orders if it reaches the each day loss restrict. It’s going to additionally robotically cease completely if it hits the account loss restrict.
