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User Guide
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Content
1. Introduction …………………………………………………………… 3
2. Installation …………………………………………………………… 4
3. Additional Trades System …………………………………… 8
4. MAC Version ..……………………………………………………… 12
5. Settings ………………………………………………………………… 14
6. Terms of Use and Risk Disclosure .......……..………… 19
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Introduction
Dynamic Pro Scalper is one of the best Asian scalper on the market.
It is completely automated trading system developed for the
MetaTrader 4 trading terminal.
With Dynamic Pro Scalper you can increase your trading income.
The robot has a unique and high-efficient trading strategy. Dynamic
Pro Scalper is compatible with all type of MT4 brokers - ECN, NDD
and STP. Dynamic Pro Scalper is a forex robot which has dynamic
volatility entry and exit levels
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Installation
After you open an account at a broker, you will have to install its
Metatrader 4 (MT4) platform to your personal computer or VPS.
99% of the brokers provide a MT4 terminal for trading. If your
broker does not, then choose another one. Dynamic Pro Scalper is
compatible ONLY with MT4 terminal platforms!
Once you are done with this, you are one step away from installing
the expert advisor (EA) to the MT4. Here the necessary steps for
completing this:
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Once you complete the aforementioned steps, you will need to set
up your MT4 terminal. Before attaching the EA to any chart, always
make sure your MT4 Options are like on the picture below:
Once you apply this, you are ready to attach Dynamic Pro Scalper to
a MT4 chart.
You are almost ready! Next you will have to enter your activation
code in the EA’s Properties. You can find your activation code in the
member area of our website (the Account page) here:
http://www. automatedforextools.com/account
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IMPORTANT: Each of the products you have has its own unique
activation code which is valid exactly 6 months for demo licenses
and 12 months for paid licenses. Once this code expires, you will
have to renew it – otherwise, you will not be able to use the EA!
This is completely FREE of charge! Here is how your Dynamic
Pro Scalper profile looks like in the member area after your
activation code expires:
After you click on the “Generate code” button, you will see this:
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Your new code will be “xxxxxxxxxx” (this is just an example code).
Now when you have the new code, you have to enter it in the EA’s
Properties, more precisely, the “activation_code” parameter. This is
the only way to continue using the EA after your old code expires!
The new code will be valid for another 30 days. After this, you have
to repeat the steps.
Now after you have the EA activated, you can watch it trade for you.
Once you attach it to a chart in a specific account for the first time,
our system will log your account number and “remember” it. Since
you have a restriction on the number of accounts used, you may
want to change your account at some point. You can do this in the
member area, more precisely, in the section below:
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Additional Trades System
The new version of Dynamic Pro Scalper comes with Additional Trades System.
This system dramatically improves Dynamic Pro Scalper performance and
makes it less broker dependent.
When Additional Trades System is enabled the robot opens additional trades
when the initial trade is negative. The additional trades are in the same
direction as the initial one. This let Dynamic Pro Scalper to close the trades
quickly and always on profit.
Additional Trades System is disabled by default. When enabled it will use our
best optimization for each supported pairs. Of course it can be configured
precisely from the users.
IMPORTANT: Not all supported pairs are good for trading with the Additional
Trades System. We have done our best to optimize the Additional Trades
System settings for each supported pairs but as we said not all are good.
Therefore, it is your duty to check which pairs are best if you want to enable the
Additional Trades System.
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How to use the Additional Trades System?
The Additional Trades System is very flexible. It can be configured and adapted
to different scenarios. It can work as:
1. Simple Grid
2. Grid & Martingale
3. Recovery System
We will try to explain in details how you can use this advanced system in all
possible ways.
Simple Grid means additional trades opened with X pips distance and same lot
size. Usually forex robots open an additional trade when the initial or previous
additional trade is negative. Grid based robots close the trades when total profit
is equal to Y pips.
To configure the distance between the additional trades you have to change the
value of the parameter Add_Trades_Distance. Its value must be in pips. But
have in mind that it is not the only condition to open the additional trades. We
have added a second condition by special indicator. To enable and disable this
second condition use the parameter Open_Add_By_Signal.
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NOTE: For some currency pairs enabling or disabling the second condition
(Open_Add_By_Signal) could be better. You may test both variants before to
set any value.
By default, the lot size for the additional trades will same as the initial trade.
For simple grid you don't need to make changes in the lot size. However, in any
case you can control this by the parameter Add_Trades_Lots_Multiplier. If you
increase its value the lot size for the additional trades will be higher than the
initial trade and vice versa.
The difference between Simple Grid and Grid & Martingale is only in the lot size
of the additional trades. While in the Simple Grid all additional trades have
same lot size in Grid & Martingale every next additional trade has bigger and
bigger lot size. This can be controlled by two parameters:
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It is very complex to calculate the Take Profit value when the Martingale is
enabled. Therefore, we suggest to use the parameter
Take_Profit_Money_With_Adds. Instead using Take Profit in pips we
recommend using Take Profit in money (your account base currency). This way
it will be better and the trades will be closed quickly in profit equal to
Take_Profit_Money_With_Adds value.
Additional Trades System could be used as a Recovery System with one single
recovery trade with higher lot size (risk). We have made some tests on the
supported pairs and this work perfectly. The idea is: instead to open several
additional trades to open one single trade with high risk and when the total
profit of the initial trade and the recovery trade is equal or greater than
Take_Profit_Money_With_Adds value to close the trades.
For the Recovery System it is very important to set correctly the distance
between the initial trade and the recovery trade. We also recommend to set
small value for parameter Take_Profit_Money_With_Adds. This will let Dynamic
Pro Scalper to close the trades quickly.
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MAC Version
Dynamic Pro Scalper is compatible with MAC and Windows OS based computers.
There are two different versions of the forex robot available in the member area
for downloading.
If your computer's operating system is different than Windows OS, then you
have to download the MAC version. The Mac version of Dynamic Pro Scalper
practically can be used on any operating system (Windows, Mac, Linux).
The MAC version uses different way for connecting to our server. Therefore, you
have to add our website address http://www.automatedforextools.com in “Allow
WebRequest for listed URL” list. You can find the here:
If our website address is not added in the above list, the authentication process
will not pass and the robot will not work!
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Instructions for installing the MAC version
By clicking the “Download MAC version” button in the member area you will
download an archive which contains 2 files:
- A screenshot with MT4 terminal options. Make sure that your MT4
terminal options are same. Add our website address in the "Allow WebRequest
for listed URL" exactly as pointed in the screenshot.
NOTE: To find the Terminal Data Folder go to MT4 terminal "Menu -> File ->
Open Data Folder"!
In case that you have any difficulties to install the robot on MAC computer or
you have a question contact us by creating a support ticket.
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Settings
Allow_SELL – When this parameter is TRUE the robot will open SELL trades.
When this parameter is FALSE the robot will not open any SELL trades.
MagicNumber – make certain that all magic numbers of all your EA are
different. This is extremely important for the correct and safe functioning of the
expert advisors in the MT4 terminal.
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Calculate_DST - if your broker switches the server time between winter and
summer Daylight Saving Time (DST), set Calculate_DST =true.
Recovery – When the Recovery option is activated the robot will start to
compensate all previous losses with very smart algorithm. This option works in
combination with Auto_Risk – it must be activated also.
HiddenMode – When this parameter is TRUE the robot will not set any Stop
Loss and Take Profit to open trades. The SL and TP will be hidden for the
broker. This parameter can be used only if you are sure that your broker is not
fair with you.
Close_On_Profit – When this parameter is TRUE the robot will close open
trades only on profit or when the price hits the stop loss value.
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Channel_Period – the period of the main indicator.
Friday_Stop_Hour – with this parameter you can control when the robot to
stop trading on Friday. By default, this parameter has 24 as a value. This
means that the robot will trade to the end of Friday. For example, if you set
Friday_Stop_Hour=20 – this means that the robot will stop trading at 20:00 pm
on Friday and will not open any new trades until the end of the day.
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Additional_Trades - When this parameter is TRUE the robot will open
additional trades when the initial trade is negative. The additional trades are in
the same direction as the initial one. This let Dynamic Pro Scalper to close the
trades quickly and always on profit.
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trades will be with greater lot size than initial trade. In such cases it is better to
use take profit in money instead pips. It is easier to recover and the trades will
be closed quickly.
MT4->Tools->Options->Email
- Set Mobile_Push_Notification=true
- Enable mobile push notifications in MT4->Tools->Options->Notifications
- Enter you Metaquotes ID in MT4->Tools->Options->Notifications
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Terms of Use and Risk Disclosure
FOREX trading has large potential rewards, but also large potential risk. You must be aware of
the risks and be willing to accept them in order to invest in the FOREX markets. Don’t trade
with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell
currencies, 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.
Trading foreign exchange on margin carries a high level of risk and is not suitable for all
investors. The high degree of leverage can work against you. As with all investments, you
should not invest money that you cannot afford to lose. Before deciding to invest in foreign
exchange, you must carefully consider your investment objectives, level of experience, and risk
appetite. Additionally, you must be aware of all the risks associated with foreign exchange
trading and seek advice from an independent financial advisor. Past results are not necessarily
indicative of future success.
By using Dynamic Pro Scalper, or any other product of this website, you acknowledge that
you are familiar with these risks and that you are solely responsible for the outcomes of your
decisions. We accept no liability whatsoever for any direct or consequential loss arising from
the use of this product. It's to be noted carefully in this respect, that past results are not
necessarily indicative of future performance.
Your purchase or testing of Dynamic Pro Scalper serves as your acknowledgement and
representation that you have read and understand these TERMS OF USE and that you agree to
be bound by such TERMS OF USE ("License Agreement").
Copyright Information
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