The following is a list of answers to frequently asked questions about trading with the MultiTrendTrader Expert Advisor and the Metatrader 4 platform.
If the answer to your question is not included, don't hesitate to contact me.
You need a MT4 trading account with a broker. In order to be able to use the full capacity of the expert advisor, hedging needs to be permitted.
Furthermore, I strongly recommend to use a VPS (Virtual Private Server) where you can store your MT4 platform and run the EA 24 hours a day.
Further information, e.g. about the installation, will be provided upon your order and payment.
No, this is not possible. A single licence is always limited to one broker account.
After I have received your payment I will activate the EA to be used on your MT4 account. You will either receive an email with the files attached or I will provide a download so that you can easily download and install all the required files.
This question only arises when you want the EA to trade on the same instrument multiple times but with different settings as e.g. for the loss recovery function.
Example: You want the EA to run on EUR/USD on the H1 and H4 chart but with individual loss recovery settings for each time frame.
In this case it is required to adjust the BaseMagicNumber for each chart so you can distinguish each of your trades. Save the settings under Preset with a distinct name, e.g. EURUSD_H1 and EURUSD_H4. This will enable you to drag&drop these saved presets from the folder to your chart.
Please note that each time frame is allocated to a magic number +x, M1 = 1, M5 = 2, M15 = 3 etc. If you want the EA to run on one chart simultaneously with different settings, you need to differentiate the BaseMagicNumber by 10 pips minimum.