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Justin Perez

Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

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Page 1: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

Justin Perez

Page 2: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

INSTALLAING SHOCKWAVE

After Downloading your files. Copy the ex4 file to : Windows / Program files/

Metatrader4 / Experts

Then Copy the dll file to : Windows / Program files / Metatrader / Experts /

Libraries

Page 3: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

Restart Metatrader , and got to main tools bar and click on “Experts Advisors”

Button. Then click on “Navigator” button.

Open 15 Minutes time frame, EUR/USD pair.

In the dropdown list on your left side of the screen, click on “Experts Advisors”

then click on “Forex Shockwave” icon.

Page 4: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

A popup window will appear – robot’s settings – click “OK”.

Now you should see a smiley face on the upper right side of chart. That means the

robot was successfully installed.

Congratulations!

SHOCKWAVE SETTINGS

Before start using your expert advisor, you must first make sure that your

Metatrader’s settings and your robot’s settings allow it to work properly.

Metatrader’s Settings..

Go to main tools bar >> Tools >> Options >> Experts Advisors, Then copy the

settings below

Page 5: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

Robot’s settings…

Now Right click on chart, then choose Expert Advisors >> Properties >> Common

And copy the settings below…

Page 6: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

From Inputs tab, you should see the different parameters and settings used by

the EA to trade .. here are the default parameters

15M Chart EUR/USD Settings

Page 7: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

ECN Broker : if your broker is ECN broker then it should be “True”

Max Trades: Maximum number of trades – default is 2

Stop loss: 225 or 155

Take profit: 500

Trailing Stop: 5

Use Hour Trade: True – Allows the EA to trade at specific hours

From Hour Trade: 20 .. Start Trading Hour

To Hour Trade: 24 .. End Trading Hour

Please note that trading hours are set to GMT + 2, you will need to contact your

broker to know their offset time. And then reset the trading hours.

For example, if your broker’s GMT offset is +1 then your trading hours should be

from 19 to 23 instead of from 20 to 24

Lots: number of lots per trade, default is 1

MM: Auto money management system, default is “false”

Account is Micro: if your account is a micro account then it should be “True”

Risk: risk % per trade .. default is 5

ID: Robot’s ID or magic number .. use any random number

1M Chart EUR/USD Settings

ECN Broker : if your broker is ECN broker then it should be “True”

Max Trades: Maximum number of trades – default is 1

Page 8: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

Stop loss: 155

Take profit: 500

Trailing Stop: 4

Use Hour Trade: True – Allows the EA to trade at specific hours

From Hour Trade: 19 .. Start Trading Hour

To Hour Trade: 20 .. End Trading Hour

Please note that trading hours are set to GMT + 2, you will need to contact your

broker to know their offset time. And then reset the trading hours.

For example, if your broker’s GMT offset is +1 then your trading hours should be

from 19 to 23 instead of from 20 to 24

Lots: number of lots per trade, default is 1

MM: Auto money management system, default is “false”

Account is Micro: if your account is a micro account then it should be “True”

Risk: risk % per trade .. default is 5

ID: Robot’s ID or magic number .. use any random number

U.S. Government Required Disclaimer

Page 9: Justin Perez - forexstay.comforexstay.com/download/ea/Free Expert Advisor/Forex Shockwave...Metatrader4 / Experts ... Now you should see a smiley face on the upper right side of chart

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN

LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT

REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE

RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF

CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING

PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH

THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT

WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Commodity Futures Trading Commission Futures and Options trading has large potential

rewards, but also large potential risks. You must be aware of the risks and be willing to

accept them in order to invest in the futures and options markets. Don't trade with

money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell

futures or options. No representation is being made that any account will or is likely to

achieve profits or losses similar to those discussed on this web site. The past

performance of any trading system or methodology is not necessarily indicative of

future results.