Fxcore100EA Install - Guide v3
Fxcore100EA Install - Guide v3
me/ymsinforex
Note: The timeframe and number of charts you attach the EA determines the risk
exposure. The Lower the timeframe the higher the risk exposure. While the
higher the timeframe the lower the risk exposure. The more the number of charts
used the more the risk. So the higher the risk exposure the higher the profit and
the lower the risk exposure the lower the profit. Best option is low risk exposure.
Gradual growth of account keeps you safe and saves you from scary drawdowns. I
will not be liable to any setting used outside what is stated here.
Fxcore100 EA is a great Auto trading machine everyone can bank on.
Use the default setting of the EA. Do not adjust any settings on the EA
except you are changing the magic numbers as stated in step 9 and
the Lot adder.
The following account size is suitable on the following timeframe for a very Low
risk trading and long term target in years. Some users will surely become USD
millionaires before 10yrs target. Am a living example. If you don't belive you
won't become.
Use only EURUSD
The EA comes in 2 files, the Fxcore100EA_BUY and Fxcore100EA_SELL. So you will
be opening 2 charts of EURUSD, one for BUY EA and the other for SELL EA. If
you’re to use a timeframe into 4 charts, that means 2 EURUSD chart for BUY EA
and 2 EURUSD chart for SELL EA. If it’s into 6 charts, It means 3 EURUSD chart for
BUY EA and 3 EURUSD chart for SELL EA. If no number of chart is mentioned, like
where it says open H1 timeframe, then it means 1 EURUSD chart for BUY EA and 1
EURUSD chart for SELL EA making 2charts.
$10 to $1000 Open on cent account.
If your account capital fall between $50 to $1000, please create a cent account.
$100 in cent account shows equity of 10,000 and can use setting meant for
$10,000 account. Never run an account below $1000 on a dollar account.
Checkout brokers with cent account here 👉
https://www.earnforex.com/cent-forex-brokers/
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Avoid roboforex as their cent account don't allow 0.01 lot entry.
Timeframe setup
Below are the timeframes and number of chart for your account.
Bonus on your account is not included. If capital you funded is $5000, and broker
gave you 100% bonus making it $10,000, please use settings meant for your
actual fund which is $5000. Ignore the bonus. It’s useless here.
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$10,000 account and so on. Even $900 funded on cent account will show 90,000
as your account equity and you will use settings meant for a $90,000 account.
Installation Steps
Before installation of Fxcore100EA, kindly read the Risk Disclaimer at the end of this guide.
For those using more than 2 charts (1BUY and 1SELL), it’s very important you
read step 9.
Forex EA is best run on a VPS. Kindly go through the iozoom vps guide that was
sent to your email to know how to get a VPS and set it up.
Step1: Log into your VPS to install the MT4 Terminal. To do that, copy the MT4
installation file from your computer (probably in your download folder), then
open the VPS and paste it on the VPS desktop. Click and install your MT4 on the
VPS.
Step 3: Open the folder you downloaded it to, probably the download folder,
select the two files (Fxcore100EA_BUY and Fxcore100EA_SELL) and copy.
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Step 4: Then on your VPS, Open your MT4, click on File and click Open Data
Folder
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Step 5: Click to open MQL4, then click to open Experts and paste the two copied
files on the EXPERT folder
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Step 6: Close and reopen the MT4 again. Click and set Auto Trading on the MT4
Active. Clicking on it switches it ON and OFF. The picture below shows it’s ON,
Meaning that Auto Trading is Active.
Step 7: Open EURUSD chat. Open the timeframe suitable for your account size as
stated in beginning of this guide. Go to Expert list on the MT4 and right click on
the Fxcore100EA_BUY then click on Attach to a chart and click ok.
Step 8: Open another EURUSD chat. Open same timeframe as you did on step 7
for your account size. Go to Expert list on the MT4 and right click on the
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For those whose account size requires them to change the lot adder, double click
on the number to edit it and change it to the figure stated for your account size.
Then click Ok.
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The screen of your MT4 chart should look like the picture below.
Step 9. Some account sizes requires you open more than 2 charts.
For those opening 4 charts, it means you will have BUY EA on 2 charts of EURUSD
and SELL EA on 2 charts of EURUSD making it 4 charts. And for those opening 6
charts, it means you will have BUY EA on 3 charts of EURUSD and SELL EA on 3
charts of EURUSD making it 6 charts.
Note: For those whose account size requires them to open more than 2 charts,
then it’s very important you change the magic numbers of the BUY and SELL EA
for the extra charts so that it won't be same with the magic number of first 2
charts EA.
The BUY and SELL files already came with a different magic numbers which you
don't need to change if you are using only 2 charts of BUY and SELL EA.
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Double click on the numbers to edit it. Change it to any 4 or 5 digit numbers you
wish as long as they are not same with the ones already on other charts. This is
very important.
WARNING:
Change magic numbers of both the BUY EA and SELL EA. Just make sure that EA
on other charts does not have same numbers with any EA on another chart. After
that you click OK.
Kindly make sure you followed all the steps stated in this guide to avoid wrong
installation. Make sure you used the suitable timeframe and number of charts for
your account size.
Now your fxcore100 Robot EA is installed and read to start trading for you.
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Upgrading Timeframe.
When your account has grown to the next account size stated in timeframe setup,
there is need to change your timeframe.
First Example:
Your account of $7,000 have grown to $9,000, and you want to start using $9,000
timeframe setup. Since previous account size of $7,000 and the new account size
of $9,000 are using same H1, there is no need to close the chart nor close open
trades, just change only the LOT ADDER to 1.6. That’s all.
Second Example:
Your account has grown from $9,000 to $22,000. Since previous account size of
$9000 is on 2charts of H1, and the new account size of $22,000 requires 4 charts
of H1, don’t close the $9,000 chart of H1, just open more 2 chart of EURUSD on
H1 and attach the SELL and BUY EA file respectively. Don’t forget to adhere to
Step 9 instruction at this stage.
Third Example: Account size that requires you to close open charts. For instance,
your account has grown from $50,000 with 6 open charts of EURUSD to $80,000
that needs only 4 charts of EURUSD. You have to close all open trades before you
close 1BUY chart and 1SELL chart, remaining only 4 existing charts now. Change
the timeframes of the remaining 4 charts to M15. That’s all.
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www.fxcore100.com
GOODLUCK
RISK DISCLAIMER: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The
high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully
consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of
some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be
aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you
have any doubts. Attaching Fxcore100EA or any of our robot or indicator on your Forex trading account means you have
understood the risk associated with trading forex and will be liable for any loss of fund associated with market volatility and
leverage. YmsinForex or its representative(s) will not be responsible to any fraud activities carried out by anybody direct or
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of any losses arising out of any event or events beyond our reasonable control. We will not be liable to you in respect of any
business losses, including (without limitation) loss of or damage to Capital, profits, income, revenue, anticipated savings,
business, contracts, commercial opportunities or goodwill. Neither we nor any third parties provide any warranty or guarantee
as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on
the telegram page and website for any particular purpose. You acknowledge that such information and materials may contain
inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by
law. Your use of any information or materials gotten or purchased through our telegram page and website is entirely at your
own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or
information available through our telegram page and website meet your specific requirements
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