Instructions for installing Magic FX

Instructions for installing Magic FX

29 ноября 2020, 16:04
Alexey Bolshakov
1
3 109

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Download the user manual https://Manual Magic FX

Download set files and tests https://Sets Magic FX

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1:

You need to decide which broker you will trade with. This is necessary in order to select the correct folder with the GMT set files.

We always trade according to the broker's summer GMT both in winter and in summer, which they set in the MT4 terminal.
No need to change the time when changing GMT.

Read the Magic FX manual. It says how to find out the broker's GMT.
If you are in doubt about choosing the right folder with GMT set files, ask me.

For the IC Markets broker, use the folder with the GMT+3 settings files.

The broker I trade with. The account type is Raw Spread.

https://www.icmarkets.com

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2:

Read the Magic FX manual to enable the news filter.

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3:

How to install Magic FX in the MT4 trading terminal.

Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD

You need to use two EURAUD installation files.

You need to open two charts and set EURAUD 1 on one chart and EURAUD 2 on the second chart.


You need to open five Windows (five charts)of the M5 timeframe. 


1


And set the corresponding set file for each currency pair.

1. To do this, click on the EA smiley face.

2. Next, click the Load button.

3. And set the corresponding set file for each currency pair.


2


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4:

Decide on the size of the trading lot based on your deposit and preferences.

Money management:

To use the Fixed_Lot, set the Auto_Lot=0 parameter.

If you use a fixed lot (Fixed_Lot parameter)
0.01 lot for every 200 usd average risk
0.01 lot for every 100 usd high risk

If you use automatic lot (Auto_Lot parameter)
Auto_Lot=5 average risk
Auto_Lot=10 high risk

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List of brokers to select the desired folder with set files.


Broker  /  Folder To Use


A:

Admiral Markets GMT+3 Folder

Alpari Use GMT+3 Folder

Axitrader Use GMT+3 Folder

ATC Brokers Use GMT+3 Folder

ActivTrades Use GMT+2 Folder


C:

CM Trading Use GMT+3 Folder


E:

Exness Use GMT+1 Folder


F:

Forex.com Use GMT+3 Folder

Fusion Markets Use GMT+3 Folder

FTMO Use GMT+2 Folder

FP Markets Use GMT+3 Folder

FXTM Use GMT+3 Folder

Forex4you Use GMT+2 Folder

FBS Use GMT+3 Folder


H:

HYCM Use GMT+1 Folder

Hugo's Way Use GMT+2 Folder


I:

IG Markets Use GMT+1 Folder

IC Markets Use GMT+3 Folder

ITEXSYS Use GMT+1 Folder


L:

LQD FX Use GMT+1 Folder

LiteForex Use GMT+2 Folder


N:

NPBFX Use GMT+1 Folder


O:

OANDA Use GMT+3 Folder


P:

Pepperstone Use GMT+3 Folder

PaxForex Use GMT+3 Folder


R:

RoboForex Use GMT+3 Folder


S:

Swissquote Bank Use GMT+2 Folder


T:

Tickmill Use GMT+3 Folder


V:

Vantage FX Use GMT+3 Folder

VALUTRADE Use GMT+3 Folder


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