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SafeDroid

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SafeDroid user guide

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CongratulationsWelcome to the SafeDroid, one of the most sophisticated Expert Advisors on the Forex market. Congratulations on the purchase! You now have a very profitable automatic system that we’vetested for months now, both on demo as well as on real money accounts. The tests have shown the it is effective and profitable, and it is up to you to choose the risk / reward ratio and the profitpercentage. Unlike other Expert Advisors, we would like to keep you on the safe and profitableside of trading, because the greater the number of satisfied users, the bigger the number of soldrobots. And your satisfaction is our fundamental goal!

We would like to assure you that the robot will be regularly updated and by becoming a member to our website you will have your access pathway to the updates. Right now SafeDroid comes in two versions, very moderate and slightly more aggressive, but we can assure you that by the time we will develop more aggressive versions, generationg much more pips.

Before you get into the details of SafeDroid and Forex markets, we have to ask you to read the following statement:

Risk Disclosure StatementHYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN THIS DOCUMENT. IN FACT, THERE ARE FREQUENTLY HUGE DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.

HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITYTO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

U.S. Government Required Disclaimer: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 discussedon this web site in this manual. The past performance of any trading software or methodology is not necessarily indicative of future results.

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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.

Any statements about profits or income, expressed or implied, does not represent a guarantee.Your actual trading may result in losses as no trading software is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Forexzone Ltd. and any authorized distributors of this information harmless in any and all ways.The use of this software constitutes acceptance of our user agreement. Forex MarketsAlthough this Ebook is not intended as a comprehensive Forex guide, we’ve put together for you some bits and pieces that should help you understand the market, for to trade the market without understanding its principles is a huge mistake. Every new trader should become familiar with the terminology of Forex, because this basic knowledge will definitely help them to generate profits.

What is Forex market?

The foreign exchange market (Forex or FX) is a global marketplace where currency trading takes place. Currently it is one of the largest and most liquid financial markets in the world and includestrading between banks, currency traders, corporations, governments, and other institutions and individuals. The average daily volume in the global foreign exchange is continuously growing. In 2007 it was reported that over $3.2 trillion were traded daily on the Forex market.

There is no unified or centrally cleared market for the majority of FX trades, and there is very littlecross-border regulation. Due to the “over the counter” nature of currency markets, it is rather a number of connected marketplaces, than a single market. That is why there is not a single exchange rate, but a number of different rates. The main trading centers are: London, New York and Tokyo, but Hong Kong and Singapore are also very important. Currency trading takes place continuously throughout the day; when the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session. Forex market is open 24 hours a day, 5 days a week, excluding weekends.

London is the biggest foreign exchange market in the world and through its dominance in the market, a particular currency’s quoted price is usually the London market price. But this also means that while London operates, therte is the biggest liquidity on the FX market and there is take a decent profit.

On the FX market currencies are traded one against another. Each pair of currencies constitutes a different, unique product. The price of the first currency in the pair is expressed in the secondcurrency in the pair. So if we see EUR/USD and the price 1.6161 it means that the price for 1 euro is 1.6161 dollars. The most frequently traded pairs are those involving dollars, euro, yen and sterling. The most popular pairs are EUR/USD, USD/JPY and GBP/USD.

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There are several possible financial instruments on the FX market and those are:

• swap – the most common and most forward transaction type, where two parties exchange currencies for a certain period of time and agree to reverse the transaction at a later date

• spot – a two day delivery transaction the trade represents a direct exchange between two currencies and has the shortest time frame

• forward – one-way transaction, where two parties agree on a transaction on a future date, regardless of what the market prices are by that date

• futures – foreign exchange futures are exchnge traded forward transactions with standard contract sizes and maturity dates

• options – the market where the owner has the right, but not the obligation to exchange money denominated in one currency to another currency at a pre-agreed exchange rate; this is the deepest, largest and most liquid market in the world

Forex Terms GlossaryAsk – to buyBid – to sellBid/ask spread (pips) – the difference between the proposed buying price and the actual selling priceBearish – when the price is going down (downtrend)Bullish – when the price is goin up (uptrend)Base currency – first currency in a pair (example: EUR/USD)Counter currency – the second currency in a pair (EUR/USD)CPI – measure used to calculate the change in the prices of consumer goods in 200 categoriesGross Domestic Product – total market value of all goods and services produced within a country (GDP); it usually influences the exchange rate of the country’s currencyGoing long – investing in the base currencyGoing short – investing in the counter currencyLot - $100,000 contract valueMini Lot - $10,000 contract valueLeverage – the ratio between the money you deposit in your account to the actual value: if you use $1,000 to buy a Forex lot (contract) with a $100,000 value the leverage is 100:1Liquidity – financial ease of transaction, i.e. cashPip (percentage in point) – the measure of the smallest change in price amounting 1/10,000 of the value; if the EUR/USD price changes from 1.6161 to 1.6163 it changes by 2 pips. Pivot points – the tool to predict low and high points of the graph; pivot points show short-term trend and have to be recalculated each business dayTrading volume – the volume traded

Currency abbreviations:

USD (U.S. dollars) GBP (UK pounds) EUR (European euros) JPY (Japanese yen) CHF (Swiss francs) CAD (Canadian dollars) AUD (Australian dollars) CNY (China yuan) CZK (Czech korunas) HKD (Hong Kong dollars)

HUF (Hungarian forints) ILS (New Israeli shekels) INR (Indian rupees) KRW (Korean wongs) MXN (Mexican pesos) PLN (Polish zlotys) SGD (Singapore dollars) ZAR (SA rands) THB (Thai bahts)

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Trading psychologyMany experienced traders agree that the most difficult obstacle to overcome to become an effectivetrader is the psychology. On a daily basis you have to deal with some huge issues, such as ego, greed, discipline, endurance, determination, prudence, credibility. That is the first and most important reasonto invent a trading robot, or as it is called, an Expert Advisor. Implementing the robot you eliminate a lot of psychological hurdles that could influence your performance as a trader a lot.

Protecting your fundsEvery trader should first of all think about controlling the losses. It really does not matter how bigis your account, you should always afford a loss that occasionally can happen. The most difficult bit of money management is however to determine the risk ratio. Generally, itis said that you should never risk more than 2% of your account. On the other hand, when you’re trading account is very small, you can choose to use a larger % in order to build your account. So when you sign up for an account with a broker you should first:

• determine how big should your account be• check if the broker you’ve chosen allows for mini or micro accounts (if you want to open a

mini or micro)• check what the lot size is suitable for your account; you can do that on our website where

you will find the Lot Calculator in the Members Area

Remember, there are traders out there who prefer always to have mini accounts, because they can give them a lot more flexibility.

No matter if you have been trading for several years or are a newbie. There are some fundamentals to be followed, and these are:

• Keep your eye on the trend. The trend is your friend!• Cut losses.• Always use “stop-loss”.• Stick to the plan. • Use the leverage carefully. • Take a rest from the market.• Get yourself a SafeDroid Expert Advisor.

Starting upIf you don’t have a Forex account yet, you will have to find a broker. It is complietely up to you whichbroker you choose, but please note that not all of them will suit your needs. If you would like to establish a micro or mini account, then you will have to look for a broker who offers micro or mini account.

Anyway, when you’ve chosen the broker you have to open an account and download the Metatrader 4 platform. Although there are several other platforms available on the market, the Metatrader 4 is the most popular platoform. The majority of the Expert Advisors work with Metatrader 4, it is user friendly and even allows yourself to become a Forex Robot designer. Most of the brokers offer Metatrader 4, but sometimes they also offer their own trading platform. But as most of the robots have been tested on the MT4 and nobody really knows how those robots would work with other platforms, we highly recommend the METATRADER 4.

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Installation of the platformThe installation of the platform is fairly easy. When you’ll sign for the account you will be redirected to a page where you can downlowd the platform. Click on the “DOWNLOAD DEMO SOFTWARE” and save the file to your desktop or another location that you can easily recall itfrom. Choose the language from the setup menu.

Then read the Terms & Condition and tick the box as shown on the image below and click “Next” button.

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Select the destination from the browser and launch the installation as shown on the images below.

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When you have installed platform onto your computer, you will see a similar icon to this:

Double click on this icon and you will access the trading platform.

When you open the platform there will probably be several charts open. Close each of them by clicking the cross in the top right han corner, then go to the File in the menu and select “Open Account”.

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Now you will have to fill in your details again. Fill in every box and select a type of account of yourchoice. If you can afford a micro account, select a micro account. Even though it is a “play money” account you will learn more if you keep it realistic. Remember, you are here to learn how to trade and if you can afford $500, let the account reflect your real future deposit.

If you don’t feel like, you don’t have to fill in your real detais for the demo account. When youfinish click “Next”.

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When you finish you will be prompted to select a server, so just highlight the chosen one.

You will then see the details for your demo account. Please make sure you write them down, because you will need them in order to log onto your account in the future.

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NOW YOU HAVE FINISHED THE DOWNLOAD / REGISTRATION PROCESS.

Now when you are logged onto the platform, you will see a bar in the bottom right hand corner. It shows you the connection status.

By clicking select the currency pair EUR / USD. Select M30 (30 minutes) chart from the charts menu above the chart:

You are ready to start demo trading now and you can play with the paltform in order to get familiar with it, but please do not start any trades yet, unless until you learn more about Forex and implement the SafeDroid Expert Advisor.

Alternative platform installationAfter you signup for the account you will be redirected to a page where you can download the platform. You can download the platform if you wish but it is not necessary.Instead of downloading or installing the software you can have a EZForexHost Virtual Private Server (VPS) setup to host your trading platform. The VPS is always connected to the broker and configured to take full advantage of the SafeDroid Expert Advisor and is not affected by serviceinterruptions for disconnected internet and turning off or logging off of your computer.

Access http://4xzoneltd.exfhost.hop.clickbank.net to signup.

Click on the SIGNUP NOW button to be re-directed to the signup page.

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Enter the information requested on the signup page. Select the Broker of choice and the purchased SafeDroid Expert Advisor from the list and click on the Continue button.

Agree to the terms of service at the bottom of the next page and click on the Continue button.Complete the payment information.Now your VPS subscription to EZForexHost is completed. Your VPS will be setup with the trading platform of the broker selected during signup and the SafeDroid Expert Advisor. You will be emailed with instructions on how to access your VPS. Follow the instructions in the email to logon to your VPS.When you have logged on to your VPS, you will see a similar icon to this:

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Double click on this icon and you will access the trading platform. When you open the platform there will probably be several charts open. Close each of them by clicking the cross in the top right hand corner, then go to the File in the menu and select “Open Account”.

Installing SafeDroidOnce you have got Metatrader 4 successfully installed on your computer it is time to install the SafeDroid Expert Advisor. The installation is not a very complicated process – you just need to follow the instructions step by step. Shall you experience any problems, please do not hesitate to contact us at: www.my4xstore.com/contact

Step 1If you followed the download instructions in the members area of the website correctly, you should have a ZIP file on your computer.The file contains the following attachments:

A) An Expert Advisor file (SafeDroid.ex4)B) A Library file (SafeDroid.dll)C) This instruction manual (Instruction_Manual.pdf)

Now you should unzip the Advisor and Library files.

Step 2If your Metatrader application remains open, you should now close it. The Expert Advisor directory is usually under the “experts” subfolder of the MT4 installation folder. You can use your Windows browser to browse it.

Find Metatrader 4 in your Program Files folder and find “experts” subfolder. Copy the SafeDroid.ex4file to that subfolder.

Then open the “libraries” subfolder in the “expert” subfolder. Copy the SafeDroid.dll file from the zippackage to the “libraries” subfolder in the “experts” folder.

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Step 3Open your Metatrader4 platform to check if the operation succeeded. If it did, you should see the Expert Advisor’s name in the drop down navigation menu of your MT4.

Step 4Launch the Expert Advisor by performing the following operations:To allow autotrading by the Rrobot, click the Expert Advisors button on the panels of the MT4

Double click the expert (SafeDroid); you will see the following window:Check “Enable alerts”, “Allow live trading”, “Allow DLL imports” and “Allow import of external experts”. Uncheck “Ask manual confirmation” and “Confirm DLL function calls”. Confirmby clicking“ok” button.

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Open “inputs” in the left hand upper corner of the window. The following window will appear (next 2 images):

On the images above you can see all the preset parameters of the advisor.

• “__________” displays the description of the product . The EA has been designed for EUR/USD M30 and H1 graphs.

• License_Number – please enter the number you received when you purchased the EA. • User_Login – please enter the login you chose when buying the Expert Advisor. This is the

same login that you use to operate your account at www.my4xstore.com • User_Password – please insert your password, the same you received when purchasing the

Expert Advisor.

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• Strategy_ID – number used to track the transaction. Please insert any 6-digit sequence in order to let the robot open trades, or leave the parameter as it is. If you turn off the Robot (e.g. for weekends) please memorise or write down the the Strategy_ID and re-enter it when you launch it. This will provide the robot with all the necessary data on past operations.

• Transaction_Level – this allows you to define the number of trades opened at the sametime. There are 3 available levels: if you set “0”, the robot will open 1 trade at a time, if you set “1”, the robot will open 2 simultaneous transactions, if you set “2”, the robot will open 4 transactions at a time. If you change the Transaction_Level to a higher (e.g. from „1” to „2”) while transactions are open, you will increase the number of allowed trades. This is important also because the EA increases the lot size when a certain number of profittransactions has been closed.

• Safety_Level – Automatic Lot Control Technology feature - defines the lots you wantto trade and allows to increase the lot size when a certain number of profit trades hasbeen closed. There are 3 levels: if you set “0” this feature will be off; if you set to “1” it will increase the lot size 2 – 3 times (meaning that if you initially Transaction_Level to “0, Safe_Level to “1” and Order_Size to 0.1 after certain amount of won trades it will automatically increase the lot size to 0.2 or, if the market conditions allow, even to 0.3); if you set the Safe_Level to “2” it will increase the lot size 3 – 6 times. Please check what lot size is suitable for your account and choose the value.

• Expected_Profit – defines the profit you expect from one transaction.• Order_Size – defines the lot size.• Stop_Loss – defines the stop loss.

SafeDroid will work only if you insert all the necessary parameters. When you have preset the EA and allowed live trading, you will see the following message displayed on the graph:

When the EA is ready you should see a smiling face image in the top right hand corner:

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These are the default settings for SafeDroid:

Licence_Number - (you need to insert it)User_Name - (you need to insert it)User_Password - (you need to insert it)Strategy_ID – 192837Transaction_Level – 1Safety_Level – 1Expected_Profit – 50Order_Size - 0.1Stop_Loss –150

Remeber to set the Transaction_Level and Safety_Level parameters in accordance with your account size.

If you want to turn your platform off for the weekend remember to insert the same Strategy_ID when you launch it again. NOTE: Shall you have any queries do not hesitate to contact us at: www.my4xstore.com/contact

We wish you successful trading.

Forexzone Ltd.www.safedroid.com