DPT FXPinoy 9.0 UsersManual
DPT FXPinoy 9.0 UsersManual
DPT FXPinoy 9.0 UsersManual
0 Users Manual
----------------------------------------------------EA Trading Strategy. The EA trading strategy is a combination of scaling / averaging and multiple
hedging strategy and based on 7 different timeframes (M5 up to W1) and combined it with 3 different
indicators namely the Bollinger Bands, Stochastic and WPR. The EA will automatically open an order Buy
or Sell on different price level based on different input parameters and conditions and will automatically
closed orders / positions once in profit and for version 9.0, it has an advanced hedging technique. By the
way, stop loss is not applicable in our trading system because I believed it will only slowly drain your
account anyway, we have a safety net and a trading plan to handle floating losses or drawdown of your
account, just keep on reading.
Whats new in DPT-FXPinoy EA version 8.9 & 9.0?
#1) You have now 4 options on how the EA will closed all open positions in profit;
#2) It is now working good on 5 digits broker including those trading instruments with 2 up to 5
decimal places;
#3) A new input parameter "FixProfitInPips" that will allow the trader to input the minimum number
of profit in pips the EA will closed, and;
#4) You can use 8.3 for any MT4 broker and it can open few trades only while 9.0 it can open many
trades with advance hedging technique and it is recommended for any MT4 broker that offer rebates.
I - Features & Benefits:
-------------------------------#1) The only EA / Forex Robot programmed to generate almost a 100% winning trades on real live
trading account
#2) Trading Strategy: Combination of Scaling / Averaging and Multiple Hedging Strategy and advance
hedging technique
#3) Low Minimum Fund of $10 on Cent account and $100 to $300 for Standard account depending on
MT4 Forex broker of your choice
#4) Target withdrawable profit of 5% to more than 10% a week is very possible
#5) We have a settings that can possibly double your profit within 2 weeks to 1 month
#6) Automatic lock or hedge trades at certain margin level to prevent your account from margin call and
at the same time to minimize drawdown
#7) Used 3 indicators and combined it with multiple time frames from M5 up to W1 for automatic opening
and closing of orders in profit
#8) Automatic hedging if there is a possible reversal of trend and you have also option to lock or hedge
your trades manually to prevent or minimize drawdown
#9) Automatic closing of all postions once the EA hit your desired withdrawable profit (WDrawProfit input
parameter) based on deposit / equity and you can withdraw your profit immediately
#10) No need to closed all open positions during weekends, news event and high volatility of the market
as we have safety net in EA to counter the trend
#11) Maximum positions of more or less 20 winning orders daily (open and closed positions)) depending
on your funds and settings and if you are using Instaforex as a broker. You can maximize rebates as
additional profit using these EA
#12) It can open more than 100 trades a day and closed them all in profit (see live trading history
statements on May 13, 2014 for EUR/JPY on my Facebook timeline);
#13) StopDrawdown feature will enable the trader to control drawdown or floating losses at minimal level;
#14) The EA can open SELL or BUY orders only and you have also an option for the EA to trade both at
the same time (Buy and Sell);
#15) The EA can trade on any MT4 trading platform of any forex broker and we have now a new settings
that you can apply for a particular broker of your choice;
#16) OrderSpreads value is now from 1 pip to hundreds of pips, it means the EA can generate more
since 2011 and until now and I keep on improving it with an objective to make it more profitable with
less drawdown and make Forex trading simple, easy and fully automated.
II - Input Parameters:
-------------------------Before you activate the EA everytime you open the MT4 trading platform, it is very important to input the
correct settings / parameters. If you are using Instaforex as a broker, set the leverage to 1:200 and if you
are using other Forex broker, set the leverage to 1:500.
LotSize - you can enter a value from 0.01 lot up to the maximum lot size allowed by the broker. If you are
using Instaforex the recommended LotSize is 0.01 for every $100 and for other broker, 0.01 lot for every
$300.
StopOrders - This is your Margin Level (%) and the recommended value is 2000. When it reach that
Margin Level(%), the EA will stop opening new orders. The lower the StopOrders more orders will be
opened by the EA and the higher the StopOrders it is more safer for your account to prevent or minimize
drawdown or floating losses.
WDrawProfit - This is were you need to input your desired target profit (%). I suggest at least 5% to 10%
profit depending on your deposit / Equity and once the target profit hit, the message "IT'S TIME TO
WITHDRAW YOUR PROFIT NOW..." will appear on your screen. See the ActivateClosedProfit parameter
below for additional information after the EA hit the target profit. After hitting the desired profit, whether
you withdraw the profit or not, you need to reset the EA. See the topic Resetting the EA.
StartingFund - you have to enter your starting fund (your initial or total deposit) as this is the basis for the
computation of profit and losses. You only need to change the value of this input parameter every time
you add fund to your account.
OrdersSpreads Lets say you input the value of 12, the opening of orders between the last order and
the next order have a gap or have a minimum spreads of 12. The minimum value is 1 and the maximum
is more than a hundreds depending on your risk tolerance, the smaller the value more orders will be open
by the EA. I recommend to set the value to 12 or above only for safe trading. By the way, if you are
trading Gold or any JPY pairs or currencies with less than 4 decimal places, any value you input or you
set will be ignored by EA and it means the EA will open orders at almost the same price level.
FixProfitInPips Using this input parameter, it will allow you to set the minimum number of pips the EA
will closed in profit. The recommended profit in pips is at least 12 and it means the EA will closed the
open orders with a minimum profit of 12 pips to more than 100 pips. If the value is set to 0, you will allow
the EA to closed the profit between 1 pip to more than 100 pips per closing trades.
Example:
LotSize
0.01
0.05
2.0
10
FixPofitInPips
0.12
0.60
24
120
# of Pips Profit
12 pips
12 pips
12 pips
12 pips
AutoHedging If the value is set to 1, automatic hedging is active and if the value is set to 0 automatic
hedging is disabled. By the way, if you manually open hedge position and the value is set to 1 the EA will
automatically closed the hedge position if already in profit. If the value is set to 0, the Alert Warning
signal is active and you have option to hedge it manually.
OrdersAll_0Buy_1Sell_2 - this feature will allow the EA to open SELL or BUY orders
only or they can trade them both at the same time (Buy and Sell). All = 0, the EA
will open Buy or Sell at the same time, B = 1, will open Buy orders only and Sell = 2,
will open Sell orders only.
Drawdown: I'm not using stop loss in my EA and it is not recommended. These EA was programmed to
generate a 100% winning trades but it cannot fully control drawdown but it can prevent margin call. We
have a recommended trading plan and as long as you stick and follow it, you will not incure big losses or
got a margin call.
III - Input Settings / Parameters:
Below are the recommended settings for trading with different MT4 forex brokers
with a minimum of $300 fund to run the EA properly and set the leverage to 1:400
or 1:500. You can try these 2 separate settings in 2 demo accounts trading all at the
same time and also for backtesting.
Settings that will open many orders / open positions (Medium Risk Settings)
---------------------------------------------------------------------------------------------------LotSize : 0.01
StopOrders :2000
WDrawProfit : 10
StartingFund : 300
OrdersSpreads: 17
FixProfitInPips: 0.12
AutoHedging: 1
StopDrawdown : 20
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
OrdersAll_0Buy_1Sell_2: 0
Safe settings with few orders (recommended for live trading)
--------------------------------------------------------------------------------LotSize : 0.01
StopOrders :3000
WdrawProfit : 10
StartingFund : 300
OrdersSpreads: 27
FixProfitInPips: 0.12
AutoHedging: 1
StopDrawdown : 20
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
OrdersAll_0Buy_1Sell_2: 0
Settings for Instaforex broker with a minimum of $100 fund and set the leverage to
1:200. You can try these 2 separate settings in 2 demo accounts trading all at the
same time and also for backtesting. If you want to try it in Cent account, the
minimum fund is $10 or $1000 cents and you change the LotSize to 0.10 and the
StartingFund to 1000.
Settings that will open many orders / open positions (Medium Risk Settings)
---------------------------------------------------------------------------------------------------LotSize : 0.01
StopOrders :2000
WdrawProfit : 10
StartingFund : 100
OrdersSpreads: 17
FixProfitInPips: 0.12
AutoHedging: 1
StopDrawdown : 20
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
OrdersAll_0Buy_1Sell_2: 0
Safe settings with few orders (recommended for live trading)
---------------------------------------------------------------------------LotSize : 0.01
StopOrders :3000
WdrawProfit : 10
StartingFund : 100
OrdersSpreads: 27
FixProfitInPips: 0.12
AutoHedging: 1
StopDrawdown : 20
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
OrdersAll_0Buy_1Sell_2: 0
Recommended Settings for Trading Gold:
If you want to trade Gold using Instaforex broker you need a minimum fund of $200
or $20,000 cents on Cent account at 0.10 lot or $2,000 on Standard account at 0.01
lot with a leverage of 1:200. Below is the recommended settings for Cent account
with a minimum fund of $200 or $20,000 cents.
LotSize : 0.10
StopOrders :3000
WdrawProfit : 10
StartingFund : 20000
OrdersSpreads: 12
FixProfitInPips: 50
AutoHedging: 1
StopDrawdown : 50
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
OrdersAll_0Buy_1Sell_2: 0
Note: Any value you input in OrdersSpreads will be ignored by EA if you trade Gold,
any JPY pairs or any pairs with less than 4 decimal places that is why you will see
the EA will open many orders almost at the same price level.
All the settings above (except for LotSize) will take effect immediately every time
you change the value during trading. I suggest you try the 2 settings on 2 demo
accounts and trade them all at the same time with the same currency pairs, forex
broker, fund and leverage so you can see the difference in trading results.
Double Your Profit (High Risk Settings)
---------------------------------------------------You can try these settings below for a possible 20% to more than 100% profit within
2 weeks to 1 month as long as the trend is in favor of your account otherwise if the
trend goes against your account, your account will suffer big drawdown or floating
losses of up to -90% but we have a trading plan to counter those big drawdown. I
only recommend these settings using Instaforex as a broker (do not use this settings
with other broker) and if you have already a good hedging techniques and with at
least a minimum of 2 years trading experienced and will follow strictly our trading
plan that includes money management, risk reduction management and hedging. In
the settings below, assuming you have $100 fund the LotSize will be 0.03 or 0.01 lot
for every $30.
LotSize : 0.03
StopOrders :1000
WDrawProfit : 20
StartingFund : 100
OrdersSpreads: 12
FixProfitInPips: 0.34
StopDrawdown : 90 <--- you will allow the EA of up to-90% drawdown or floating
losses
OpenNewOrders : 1
AutoClosedProfit: 1
ActivateClosedProfit : 0
AlertOnTrendReversal: 1
Orders.All_0.Buy_1.Sell_2: 0
You can also try these settings in Cent account with a minimum of $3 only or $300
cents at 0.10 LotSize. By the way, before you try these settings on live account, I
suggest you try it 1st on demo account for a couple of weeks or months until you
already know how to handle big drawdown then you can go now live. Every time
you hit a small withdrawable profit of 10% to 20%, you need to withdraw the profit
then re-deposit the profit again and request for 30% bonus.
By the way, if you want additional profit on your live Forex trading via rebate?
Instaforex offer 1.5 pips for every closing trade and the amount is credited daily to
your trading account. You can check this link http://www.getforexrebate.com/?
id=7140887 on how rebate works and you can also create an account and attached
your live trading account to rebate system so you can earn rebates daily. They also
offer 30% and 45% bonus for every deposit / replenishment of your account and
they allow you to trade the bonus as additional capital and you can also withdraw
the bonus once you achieved the required lot volume. If you open Cent account, the
amount required to trade my EA is $10 or $1000 cents only with 0.10 lot or $100 for
Standard account with 0.01 lot plus they offered 1:1000 maximum leverage.
IV - Resetting The EA
-------------------------------To reset the EA, you need to remove them on the M5 chart for a while then drag and paste them back
again on M5 chart and input the correct settings. There are some situations that you need to reset the EA
like after you withdraw the profit, StopDrawdown is hit or if you think your broker disable the EA.
V - Tips and Conditions To Run The EA Properly
---------------------------------------------------------------------#1) To check if the EA is active a smiley face will appear beside the EA not the sad face or "x".
#2) If you run the EA for the 1st time and you see a message "IT'S TIME TO WITHDRAW YOUR PROFIT
NOW" you didn't input the correct settings specially for "StartingFund". The StartingFund must equal to
the total Deposit or Equity so you need to reset the EA and input the correct settings.
#3) If you are using Instaforex as a broker, the minimumum fund is at least $100 at 0.01 lot or $10=$1000
cents at 0.10 lot all at 1:200 leverage and for other broker you need a minimum of at least $300 at 0.01 lot
with 1:400 or 1:500 leverage
#4) You need to trade 1 currency pair only for 1 account (dont mixed it with other currency pairs), if you
want to trade multiple currency you need to open another account.
#5) There are times when the EA closed your profit early with 1 to 3 pips win only or sometimes it didnt
closed the profit when they have enough winning pips so you have the option to closed the profit
manually.
#6) If you want to withdraw your profit and there are still open positions, you can open hedge positions so
that your Equity and Margin is freeze or lock and you can withdraw now your profit.
#7) There are some forex broker who disable the EA for a few minutes sometimes a few hours, you will
notice the EA if it is not active if the "Spreads" or rate didn't change it's value (the message beside EA), if
this happened you need to reset the EA or you may contact customer service of your broker.
VII - EA Messages:
--------------------------WAITING FOR GOOD SIGNAL. If you set the settings correctly, this is the 1st message that will appear
on your chart beside the EA after you installed and input the correct settings. It means the EA is waiting
for good signal and entry for the 1st order to open whether it is Buy or Sell order. Opening of 1st order
sometimes will take only few minutes sometimes for a few hours but it you are already waiting for so long
to open the 1st order by the EA, you can manually open it, then the EA will do the rest of opening
succeeding orders and closed it all in profit.
IT'S TIME TO WITHDRAW YOUR PROFIT NOW. It means the EA already hit the target profit you set in
"WDrawProfit" input parameter and based on the "StartingFund" you set in settings and now the EA
remind you to withdraw the profit. By the way, if you are a new user of this EA and if the 1st message
display on the chart after the installation is the message above, you set the wrong value in "StartingFund".
The value in "StartingFund" must equal to your total deposit. You need to reset the EA to continue again
the normal trading.
STOP DRAWDOWN AT XX.XX% IS NOW ACTIVE. It means your account already hit the drawdown or
floating losses of XX.XX% based on the value you set in "StopDrawdown". The EA will open an opposite
order of the same currency pair and will match the total lot size and the EA will temporarily freeze your
equity or account just to prevent them to gain more drawdown or floating losses. To removed the hedge
position in favor of your account, see Hedging topic in this users manual on "When to closed Hedge
Positions" manually. You need to reset the EA to continue again the normal trading.
NEW ORDER WAS DISABLED. Once this message displayed on your chart, the EA will not open new
orders and this is based on the value you input in "StopOrders", the default value is 2000. If the Margin
Level% is less than the value you input in "StopOrders" the EA will not open new orders but if the Margin
Level% is above the value of "StopOrders" it will open the next order once conditions are meet. It is
recommended that the value of StopOrders is 2000 or above because the higher the value, your account
is more safe against Margin Call or drawdown.
WARNING!!! POSSIBLE UP TREND @ X.XXXX / POSSIBLE DOWN TREND @ X.XXXX. These alert
message will appear if the AutoHedging input parameter is set to 0. If these alert warning pop-up on your
screen, the EA detect a possible Up Trend or Down Trend depending on your current open positions. If
your current open positions are all Sell and if the EA detect a possible Up Trend, this alert warning will
pop-up on your screen (and vice versa) with matching sound to alert the trader if he / she is away from
his/her trading terminal. If the trend reversal is strong against your account, the alert warning will continue
to pop-up on your screen. You have the option to apply a hedge position to prevent or minimize drawdown
or floating losses but you have to analyze 1st if the signal is valid or false alarm. You have to used your
own analysis and tools wherein you are comfortable for analyzing the movement of price before you apply
hedging. If you want to disable the Alert Warning, you have to set the "AlertOnTrendReversal" setting at 0
and setting it to 1 will activate it again.
LOSS!!! POSSIBLE UP TREND / DOWN TREND @ X.XXXX. If these message alert pop-up on your
screen continuously you have now the option to cut your losses for hedge position but you need to
analyze 1st if the signal is valid and not false alarm.
VIII - Our Recommended Trading Plan:
Drawdown Prevention. Drawdown or floating losses is like a desease, you have to prevent it at the early
stage before it become a serious problem and this is your task as a user of this EA, 10% manual trading
intervention and the 90% will be performed by the EA for generating a 100% winning trades. A better way
for preventing and minimizing drawdown is by appying the hedging strategy at an early stage of
drawdown like setting the "StopDrawdown" at 10 or 20. Your success in using this EA depend on how you
effectively apply hedging strategy and I can guarantee that if you apply it properly you can make
consistent profit everymonth.
EA for a while and closed the hedging positions manually only if trend go back in
favor of your account after you analyze the movement of price using your own tools
for analysis. Please take note that the last lot size open by the EA or you open
manually will be the lot size that will be used again once it open the next order, so
be carefull when your account is in hedging positions.
When to apply Hedging? The DPT-FXPinoy8.3 have a feature that will issue an
alert warning to the user if there is a possible reversal of trend against our account.
All you need to do is to analyze if the alert warning is valid or if it is a false signal.
When to closed our Hedging positions? You need to analyze first before you
closed your hedging positions. If you think the trend will now return on your favor
specially if the Buy orders are already in profit you need to closed it partially or if
the trend is now very strong in favor of your original position, you have to closed it
immediately.
Money Management:
----------------------------#1) Diversification of accounts - I highly recommended to diversify your
accounts at least 3 accounts on 2 or 3 different Forex brokers and on 3 different
trading instruments. Let's say you have $1000 fund divided it into 4 so $250 each,
you fund your 3 accounts with $250 each and the remaining $250 is use as standby
fund or a rescue fund. See Risk Reduction Management on how you can use the
standby fund or rescue fund. We diversify our accounts to minimize the risk involve
in forex trading.
#2) Lot size management and risk tolerance. If you are using Instaforex broker
for every $100 the lot size is 0.01 at 1:200 leverage and for other Forex broker in
every $300 to $500 the lot size recommended is 0.01 at 1:400 or 1:500 leverage.
You can see the big difference of fund requirements and in leverage because in
Instaforex with $100 StartingFund at 0.01 lot we have almost 15000% free Margin
Level on the 1st open order while on other Forex broker at $300 StartingFund at
0.01 lot they give only more or less 7000% free Margin Level on 1st open order. You
can check what I am telling you now by opening a demo account in Instaforex and
another demo account of MT4 forex broker of your choice and apply the same fund,
lot size and leverage and currency pair and you can see the big difference. If we
have higher free Margin Level, the EA will open more trades so the higher the
Margin Level it can open more trades and the higher the Margin Level our account is
far away or safe from Margin Call.
For risk tolerance, the EA have a new feature the "StopDrawdown". If you input the
value of 10 it means you will allowed the EA up to 10% drawdown or floating losses.
The EA will automatically open an opposite orders with the same currency pair and
total lot size of the open positions these to prevent and minimize drawdown. Check
above the topic regarding Hedging and on how you can unlock or closed orders with
hedging position.
By the way, if you want to trade Gold in Instaforex, you need a minimum of $2000
at 0.01 LotSize or $200 ($20,000 Cents at 0.10 LotSize) and for other broker, you
have to test it 1st on demo account to know the fund required trading Gold.
#3) Regular withdrawal of Profit. I highly recommend to make regular
withdrawals of profit when you hit a target of at least 5% to 10% and you can set
this value at "WDrawProfit" settings. It's important to make regular withdrawals of
profit because we didn't know when the huge drawdown will hit or take place
specially if there is a news with big impact on the currency we trade.
Risk Reduction Management.
If your account have more than 30% drawdown or floating losses, I suggest you start to apply hedging
strategy or just in case you still continue to gain more floating losses or drawdown and reach more than
70%, you can adjust the leverage to 1:1000 at client cabinet and login again at your MT4 trading platform
to take effect the adjustment you made and it will give you more extra Margin Level that will allow you to
recover from drawdown. Just in case your broker didnt offer 1:1000 leverage, you can use the standby
fund or rescue fund. I suggest you add at least 30% of fund based on your account balanced. Just in case
your account is currently in hedging positions adjust only the leverage or used the rescue fund if the
trend is now in favor of your account. It is also important to adjust the value of StopOrders to a higher
value like 5000 and also set the value of OpenNewOrders to 0. If everything is back to normal now, you
can set the leverage back to its normal leverage and the settings to its orginal value by resetting the EA
and also you need to withdraw the rescue fund including the profit so you can use it again if the same
thing happened again. By the way, you have also an option to cut your losses if you think the trend
against your account will continue for a long time based on your own analysis and W1 time frame.
Your success in trading using my Forex Trading System and EA will depend on how you effectively apply
our Trading Plan specifically Money Management and Risk Reduction Management strategy and Hedging
techniques as the EA was programmed to generate a 100% winning trades but it was not programmed to
prevent or minimize drawdown so your only task in using this EA is to prevent or minimize drawdown.
Upon using my DPT-FXPinoy EA / source code and Forex System, you agree not to sell, decompiled or
distribute without my consent but you can edit and modify the source code (if you purchased the source
code) for your own personal use only.
Important Tips and Reminders Before Using The EA
--------------------------------------------------------------------------#1) Trade 1 currency pair only on 1 account, do not trade multiple currency pairs using 1 account. All
versions of DPT-FXPinoy EA was programmed to trade 1 pair only on 1 account.
#2) Do not put the EA on multiple timeframes, I recommend to put the EA on M5 timeframe only.
#3) If you want the EA to open Buy orders only, you need to set the value of OrderAll_0Buy_1Sell_2 to 1,
if you want to open Sell orders only, you need to set the value to 2 and if you want the EA to open both
positions, set the value to 0.
#4) If you want the EA to stop opening new orders / positions, set the value of OpenNewOrders to 0 and if
you want the EA to open new orders again, set the value to 1. By the way, once the value you set in
StopOrders have been hit based on Margin Level%, the value you input in OpenNewOrders has no effect.
#5) If you want the EA not to open hedge positions, set the value of AutoHedging to 0.
#6) To protect your account from margin call, big drawdown or if there is a possible high impact news that
will affect the currency pair you trade, you can set the value of StopDrawdown to the nearest percentage.
For example, the current drawdown or floating losses of your account or equity is -15%, you can set the
StopDrawdown to -20% or 20 and once it hit, the EA will open 1 hedge position equal to the total lot size
of the opposite orders and the EA will freeze the Equity of your account. You can unlock or release the
hedge position manually once the market or trend is in favor of your account.
#7) Changing the value of input parameters will take effect immediately in the EA except of the LotSize,
you can only change the value of LotSize if there is no open orders or positions.
Risk Disclosure
-----------------------Any trades placed upon reliance of these system are taken at your own risk for your own account. Past
results are not necessarily indicative of future performance.
Good Luck!!!
DPT-FXPinoy