To install an update version make sure you completely remove the existing version off your MT4 account. Follow the guidance in the AB3 videos section.
AB3 Resources
The purpose of this room is to provide holders of a AB3 licence updates and access to the charts showing the optimum targets for each currency and time frame recorded.
The software
The latest version of the software can be downloaded from here. We are currently on version 1.0.5.
https://1drv.ms/u/s!Ag1g7SN_IkyEgZwvVOOe-pvPrdgTww?e=Mfiees
Autotrading checklist
This is a check list for those struggling to get their system autotrading.
Note that the most common error I am seeing is that the chart is not a live chart. If you open a new account it is often just a standard chart will be showing. It is worth just checking that you can place a manual trade off this chart with a small position. If you cannot there will be one available. Often theses have a ! or other symbol after the name of the pair.
There are a few different DLL buttons to ensure they are checked as shown in the pictures below.
Checking the chart is live
Checking your DLL settings are on
Current MT4 settings for the auto trader
If you want to copy the settings that Kym is currently using you can see theses below. Note in terms of reward he is looking for a 1.2 return on the 30 min Euro and 60min USD/CAD. He is not currently trading the 60 minute euro as the average true range has fallen. For the EUR/JPY i am targeting 1.3 return on the 60 minute timeframe. Note that the start and end times will vary subject to your own brokers time, i.e. some run ahead of UK current time.
Note the USD/Cad is currently set up to trade between 08:00 to 09:59 and the 12:00 to 14:59. It is switched off on Fridays.
EUR/USD Note currently off
The settings above are based on the market watch time of the broker I have used thus may differ to what you are using. Note the Euro settings are based on a 30 minute time frame. The same settings could be used on the 60 minute time frame.
USD/CAD
The settings above are based on the market watch time of the broker I have used thus may differ to what you are using. Note the USD/CAD settings are based on a 60 minute time frame. The trading times are 08:00 to 09:59 and then 12:00 to 14:59 Monday to Thursday and off on Fridays
EUR/JPY
The settings above are based on the market watch time of the broker I have used thus may differ to what you are using. Note the Eur/Yen settings are based on a 60 minute time frame. The off set for longs may still need to be adjusted to allow for the spreads of your own broker.