User Guide - Conquest Forex automated trading expert advisor

 

 

 

Computer requirements for using Conquest expert advisor

 

  • Broadband connection such as cable or dsl is required. 
  • You will need to leave your PC on to make more money.  Any open trades will be eventually closed when profit target is reached if your computer is off. 
  • If your computer crashes overnight restart it and boot up the Metatrader immediately so you can continue to profit
 

 

 

Forex trading accounts compatible with Conquest

  • Conquest is designed specifically to be used with either a 1:100 or 1:200 leverage at InterfankFX
  • a mini account is a forex trading account that has 1:200 leverage
  • a standard account is a forex trading account that has 1:100 leverage
  • compatible brokers can be found here
 

 

 

Downloading the Conquest into your Metatrader 4 interface

  • You need to place the Conquest Expert Advisor in the "experts" folder in the Metatrader 4  
  •  Save the Conquest.ex4  to C:\Program Files\Interbank FX Trader 4\experts
  • Close out the Metatrader 4 interface and reopen it

 

 

                                                                                                                                                                     Navigator window

Adding Conquest to a chart and getting it started trading 

 

  • By default Conquest  is recommended to be attached to the  EUR/GBP chart
  • To open a chart on the Metatrader,  right click on File .> New Chart > EUR/GBP
  • Go to Navigator window and click on "Expert Advisors"  and you will see Conquest in the folder
  • Double click on Conquest you will see this the box on the right.  Check box "Allow live trading"
  • Click OK
  • At the top of your screen click the box that says "Expert Advisors"  
  • You will now see Conquest up at the top right corner of your chart.
  • If it is active you will see a smiley face on the top right of your chart  
  • If it is NOT active and you see a frowning face double click on it and select "allow live trading" -------->
  • or click on the Expert Advisors button at the top of the Metatrader making sure you see green image.

    

  

 

Settings

 

Complete explanation of these settings is provided in the documentation after purchase.

 

Price Blocker or Hedge trade inputs

 

Hedge trade percentage

 

  • This is the size of the hedge  trade that is placed if the price were to trend out of the trading range.

 

 

Hedge margin level 

 

  •  If account drops down to a user specified  level the hedge trade will be activated.

 

 

Hedge Stop loss

 

  •  The specific price the hedge trade will close once price comes back to trading range.

 

Hedge Take Profit

 

  •  The specific price the hedge will close if the price keeps trending.