Hello and welcome to Trading 4 Profits.
If you want to receive our trade signals that we personally take every day it will cost $100
per month, if you wish to test our signals we offer a free 10 day trial for demo trading
accounts only.
To start off with we would like to explain that investing and trading in the Foreign Exchange Markets (Forex) carry a high level of risk and to never invest more than you are willing to lose.
It is important that you use a VPS (virtual private server) for your live account, the MT4 platform & copier software need to be on 24hrs a day without disruption for the trade signal to be copied into your account, we recommend using Forex VPS based on our experience they are reliable and offer great support:-
http://www.forexvps.com/
We recommend you use Go Markets broker as they have the cheapest commissions in Australia and also offer excellent customer service with the highest leverage (500:1) To download your MT4 platform from Go Markets please use this link for a practice demo account: http://www.gomarketsaus.com/metatrader4/request-a-demo Once installed you can select leverage (500:1) and the dollar amount you wish to practice with.
To open a live account use this link: http://www.gomarketsaus.com/account-information Once your account has been established and you have put funds into it, you will need to request the highest leverage available to your account (500:1 for accounts less than 10k)
Installing MT4 onto your VPS/PC
1. Install into C drive and name it C:\MT4_slave_1 (do not install into program files) 2. Once you have completed new install, you will have 4 charts open by default, close all charts except for EURUSD and change to 1hr.
3. Next you need to email us your 6 digit login number to your account (not your password) for live accounts, or if you are using a demo account it will be a 7 digit number. The easiest way to find this number is to look at the top left corner of your MT4 platform.
See image below (top left of screen the number is 508071).
4. We will email you back with 2 attachments, one is the copier software that you will need to install and two is a file called yourname_slave.set that needs to be copied and saved into the “preset folder” you will find this folder under C:\MT4_Slave_1>experts>preset folder.
5. Then in MT4 go to Tools>Options>Expert Adviser tab and un-tick all boxes on right side of tab, make sure all boxes on left side are ticked. (see picture below)
7. Close MT4 and install the SCM Slave_Setup.exe into same directory you installed MT4,
C:\MT4_slave_1 (during install make sure you install Microsoft Visual C++ 2008 SP1 Redistributable Package)
8. Once copier install is completed then re-open MT4 then attach the SignalSlaveMySQL from the Navigator Window>Expert Adviser dropdown. Drag and drop onto 1hr EURUSD
9. Under Input tab, select load and look for the yourname_copier.set file that Hit ok to select it, hit ok to close and see if slave copier connects.
10. We suggest you use the Forex VPS Auto Boot software to ensure that if ever your VPS is shutdown for any unexpected reason that it once restarted it will automatically restart your MT4 platform. (MT4 should run 24 hours a day and never be switched off for any reason between 1pm - 10pm Australian time).
Log in to your VPS and you will see an icon on the desktop named ForexVPS AutoBoot; double click it.
In the Select Application field press the folder to the right and navigate to
Select terminal.exe file and press the open button. C:\MT4_slave_1. In the Service Name text field name it anything you like, eg. Trading4profits Signals MT4. Press the create button.
Close down the application using the close button or by pressing the x at the top right of the open window.
Frequently asked Questions,
Why trade Forex?
Forex is short for Foreign Exchange Market.
What is a VPS?
A VPS (Virtual Private Server) is like having a second computer away from your
home computer/PC. This allows you to have MT4 running 24hrs a day without
interruptions from power outages or internet failures that can happen to normal
households on any given day. This also allows you to have the Copier & MT4 setup
away from your home PC and avoids any accidental closures.
What is MT4?
MT4 stands for Metatrader 4, it is a trading platform that is used by almost all Forex
Brokers all around the world. This allows traders to place there orders from there own
computer to the broker and trades are executed instantly.
Do I need to know anything about Forex to make money with you?
No, but it is in your best interest over coming weeks to get yourself familiar with MT4
platform and the basics of how the Forex markets work. Your broker will normally
have very basic videos and tutorials available and there is unlimited info on the web.
So if you want to know more, get yourself educated.
Please use a DEMO account on a on different computer to get used to how this
platform works.
Can I choose my own broker?
Yes, you can use any broker you like. Just make sure you are not paying too much
commission, less than 2 pips (normally called the Spread) and you need high leverage,
not all brokers offer 500:1.
Can anyone else see my account balance or have access to my funds?
No, only you and your broker know how much money is in your account, and only
you can withdrawal funds. The copier software that is attached to your chart will
know how much capital is in your account and will calculate the volume your account
needs to trade. As your account grows the position will get bigger and if you have
loses or withdrawal funds it will reduce the position sizes according to your account
balance.
It is extremely important that your MT4 stays on 24hrs a day & do not touch this MT4 platform once setup is complete, use this strictly for the copier only.
