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Forex Steam user guide
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FOREX STEAM
Lifetime Membership
Forex Steam
Installation Manual and Success Guide
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Forex Steam
Installation Manual and Success Guide
The Best Spinner
Table of Contents
1. Table of Contents
2. Disclaimer
3. Set up a Broker
4. Install MT4 Platform
5. Install ForexSteam.ex4 and Misc.dll
6. Installation Continued
7. Authorize your Account
8. Attaching ForexSteam to the chart 9. Strategy & Input Changes
UPDATE: SEE MORE INSTRUCTIONS FOR Forex Steam Light Risk in Members Area!
Forex Steam
Installation Manual and Success Guide
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DISCLAIMER 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 discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. 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. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this website or any e-book purchased from this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Forex Steam and any authorized distributors of this information harmless in any and all ways. The use of this system constitutes acceptance of our user agreement.
Forex Steam
Installation Manual and Success Guide
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Before you can trade, you need to choose a Forex Broker. To make it easier on you
we have a recommended broker for this product, in FXOpen.
Click Here to Sign up now and get started.
For Forex Steam you can use either a live account trading REAL MONEY or a demo
account and start trading fake money first to make sure you have everything set up
properly. We suggest you start with the demo first.
Forex Steam
Installation Manual and Success Guide
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Install MT4 Platform Choose your language then select the installation folder.
When you run the program this is what you will see. You will be prompted to open an account. Just fill out the following information and you will be all set up with your broker.
If it prompts you to update the client, accept.
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Installation Manual and Success Guide
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Install Forex Steam Expert Advisor 1. Take the ForexSteam.ex4 file and copy it to where you installed the MT4
Platform. So C > Program Files > MetaTrader – FXOpen > Experts
2. Take the Misc.dll file and copy it to C > Program Files > MetaTrader – FXOpen > Experts > Libraries
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Installation Manual and Success Guide
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Installation Continued.. Close and Re-open the MT4 Platform. You will now have Forex Steam in the Navigator, I have highlighted it in a orange circle
below.
Now close all the charts except EURUSD, and Select M30 Timeframe.
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Installation Manual and Success Guide
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Authenticate Your Account (http://forexsteam.com/authentication/)
Before you can use Forex Steam your need to authorize your account. This is very
simple and will take only a few moments of your time.
You go to this page you enter your Username, whatever it is you want, and then your
Account ID. Which is the digits at the top left of your MT4 Console. See below.
So you go into the website and you enter your Username in this case Peter, and then the
Account ID, which in THIS CASE is 5879214 (YOURS WILL BE DIFFERENT).
We will continue on the next page showing you how to now attach Forex Steam to the
chart so that you can begin trading without any authorization issues!
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Installation Manual and Success Guide
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Now that you are in the MT4 Terminal and you have authorized your account you can
attach it to the EURUSD M30 Chart. Right click on Forex Steam and click Attach to a
chart.
You will see the screen below and have all them ticked exactly like this:
Here you will enter your username, in our example it was “PETER”, then your all set!
Strategy & Input Changes
The strategy for Forex Steam is based on market matching. Which means the EA
calculates the current trend and then attacks it. With this in mind we recommend that
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you use DEFAULT settings. We will change the settings and email you updates when
needed.
Input Changes
If you really want to make input changes you can but at your own risk. All the inputs
can be changes.
Lotsize – This can be changed to make the trades bigger or smaller. Increase the lotsize
for larger trades & more risk.
Stoploss – If you are watching the EA and you feel you have a good understanding of
when it needs to pull out of a trade then you can set this to a certain # or manually exit
a trade yourself, this is safe!
Takeprofit – Along the same lines as the Stoploss, if you are comfortable with a higher
or lower value, you can change this.
MagicNumber – Just needs to be different for multiple charts.
Stealth – 1 on 2 off, it just changes the look of your trades, doesn’t impact actual
performance. Hides from brokers.
Format Speed – Highest is 1000, it works with the stoploss, you can lower this if you feel
the trades aren’t exiting early enough for you. Lower in intervals in 100 for testing.
RiskRewardFragmentation – 1 on 2 off, we suggest you leave this on, it works with
stoploss takeprofit and lotsize to ensure that big trade exit points stay sharp and the
trades don’t fall back to breakeven.
This Concludes the Guide
Feel free to email any questions you have about the software to
[email protected] we look forward to working with you to better the system and
appreciate all the feedback that we get.