The Boogie Pips v2 Manual.pdf - PUSHKIN

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THE BOOGIE PIPS v2 USER MANUAL Forex robots for MetaTrader 4 in MetaTrader Market www.ndfreedomtrades.thinkific.com The Strategy of The Boogie Pips Robot version 2 This Robot is suitable for Scalping, Day Trading, Weekly Trading and Monthly Trading. The preferred timeframe is M15, H1 and H4 HOW THE ROBOT OPEN AND CLOSE TRADES AUTOMATICALLY? The strategy of this Robot is that it opens one trade per currency pair at a particular timeframe. For example, if you insert the robot on H1 timeframe chart with GBPCHF currency pair and all the strategy requirement for the robot are all met, the robot will open a trade depending on the above strategy. The Robot open [BUY] when the Green "Bull" candlestick crosses the [Blue Line] from below and close when [Sell] position opens. The Robot open [SELL] when the Red "Bear" candlestick crosses the [Red Line] from above and close when [Buy] position opens. LONG TERM TRADING WITH THE ROBOT. For trading automatically with the robot always make sure your internet is stable for long term without any destructions. The Robot will open and close trades for you. It only open one position at a time and close it at high profit or less loss. A next trade position will be opened whenever the Robot Strategy requirements are met. CLOSING A TRADE MANUALLY. If the robot is on profit or loss and you decide to close the trade manually while all the strategy requirements are still valid and in auto trading, the robot will automatically open another trade depending on the strategy requirements. To manually close a trade respectively, you need to remove the robot first while the trade is still running then manually close the running trade. Right click anywhere on the market chart, navigate to “Expert Advisors” then click “Remove”. TRADING WITH THE ROBOT AGAIN AFTER MANUALLY CLOSING A TRADE. Go to the navigation’s market tab, drag and drop the Robot on market chart of your preferred currency pair and timeframe. When the Robot panel opens, go to “inputs” and set your preferred “stop loss and take profit” with proper risk management, then click ok. Always make sure that the “automatic trading” function is turned on [green] and showing a smiling emoji face on the top right corner of the market chart. DEFAULT INPUTS. (These inputs you can change them manually if you want by double clicking on the values) PREFERRED BROKERS: ECN or STP (with very low spreads that can sometimes be below 30) [The lower the spreads your broker has, the more profit and less losses you can make] PREFERRED PAIRS: USDJPY, GBPUSD, EURAUD, EURGBP, USDJPY, GBPCHF (highly recommended) This EA was tested to all major pairs. It was also tested in indices, commodities, indexes and futures. To trade successfully using this EA We recommend that you only trade low spread pairs. [ENVELOPES INDICATOR ON THE CHART] Make sure that you type in the “Envelopes Indicator” parameters as shown above. This indicator will assist you in knowing exactly when will the robot open and close a trade. It also help you to make decisions on which currency pairs are currently trending well compared to other currency pairs. This robot strategy indicator is suitable for Scalpers, Day Traders and Long Term Traders. For more info and inquiries kindly send an email: [email protected] [email protected] NOTE: The Robot does not open a trade each and every time you insert it to the market chart, unless its strategy requirement to trade is met, same applies in closing a trade. The Robot do allow you to manually place your preferred take profit and stop loss, in case you won’t want the Robot to trade long term [1 Month+] automatically. “Nature have its right time to reproduce, Humans have their right time to do certain activities, and a Robot have its right time to trade”