Forex

Education

Money Manager

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

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. 

 

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

At present I am onlty running the system on the eur/jpy. I will update on any changes to this in the near future.

There are a number of MT4 accounts that I recommend. The account with the tightest spreads and no charges is Trade Nation, you can sign up for an account from here

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 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 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.