Affiliates
- FBS Partner
- bot Commission
All Clients using the EA need to be registered unthe the Alive FX FBS link.
Unfortunately There is no FBS commission for 2nd & 3rd level affiliates.
Earn 10% commission for every Bot you sell.
You need to sell 4 bots before commission is paid.
Once you have your 4 bots you will earn commission in the next month.
All commission earned before your 4th bot is not paid out.
How The Bot Works
Back Testing
Before Begining the back test. Close MT4 & reopen it. (This refreshes the EA in the Backtest part of MT4)
Good quotes are very important for correct backtesting.
1. Login into VPS.
2. Click the View tab (Top of the screen), then click strategy tester
3. Press the F2 button in your Keyboard
4. Double click at EURUSD symbol and M1 timeframe.
5. Press Download button and OK button in the next window.
6. After downloading press Download button again and press OK buttons twice in two next windows.
7. Close MT4 Then Restart MT4.
Modelling quality in backtesting should be at least 90%.
Once you have done the steps above watch the video below
1. Click View
2. Click Strategy Tester
3. Select Drop Down Menu
4. Choose EA.
5. Symbol | Choose Symbol dropdown menu(Choose Currency)
6. Model | Dropdown menu, choose every tick, most accurate.
7. Use Date| Check Date.
8. Select From Date.
9. Select End Date.
9. Check Visual Mode.
11. Move speed slider to Extrem right.
12. Select End Date (Same as date above).
13. Period | Choose the time frame.
14. Spread | Select Current.
15. Click Expert Properties.
16. Testing
17. Initial Deposit | Enter your deposit amount.
18. Click on inputs
19- 20. This is the Multiplier (19 & 20 must be the same value)
21-22. Must be 0.0
23- 24 Must be the same value. (Enter your lot size).
25 Must be 0.001
26 Maximum lot size.
27-28. Take Profit (both 27-28 must be the same value.
29. make 0.001.
30. Must be the same value as 27.
31-32. Pip Step. (both 31 & 32 must be same value).
33. Must be 0.001
34. Must be the same value as 31.
35. Max trades. (Enter your desired maximum trade amount).
36. Must be the same value as 35.
37. must be 1.
38. Must be the same value as 36.
37. X Percentage | This is the Equity Protector. (set it according to your risk profile.)
38. Click Save template (Give the template a name so you can find it easily)
40. Click OK
45. Click Start (It take about 1 minute to download the data.
46. A new chart will open called strategy. (you can watch the EA live.
47. Graph | once the test begins you can watch the graph in real-time.
48. Results | Once the Test is over you can view the results.
Bloomberg TV
How To Remove The Bot Off The Chart
How To Pause & Restart The Bot
- Pause The Bot
- restart Bot
- Is It Safe
How To Close Out Trades Manually
Exposure Explained
Take your open trades and divide by your capital then x by 100 to get to a % of open trades to capital invested.
Example
Capital = $1000
Open trades = $15
Exposure = 15 / 1000 x 100
Exposure% = 1.5%
This means that 1.5% of your capital is being used in trading. Or 1.5 % of the $1000 capital is being used in trading.No more than 1% exposure should be used on a slow day during non-volatile trading.
If you have more than 2% exposure, then you have over-leveraged your account and you may run into problems. You also may run the risk of blowing your account, which means you could lose all your capital or a portion of your capital as per your equity protection settings. the Bot takes 2-3 days to kick in, so before adding currencies or increasing the lot size wait for 2-3 days then check your exposure.
Forex Markets
This sets the tone for the day on what is going to happen to a currency.
AUD & NZD pairs are affected
Tokyo opens next at 01:00.
JPY & CHN pairs are affected
Frankfurt opens at 08:00
All European currencies are affected here but not in a major way.
09:00 London opens.
This is the 2nd biggest exchange in the world & major movements happen from 09:00
EUR & CHF pairs are affected here.
14:00 New York exchange opens.
USD and EUR are affected here as NY and London are open at the same time until 17:00
Expect massive movements here
http://forex.timezoneconverter.com/?timezone=Africa/Johannesburg&refresh=5
https://www.worldtimezone.com/forex12.php
Leverage
Micro Account Leverage = 1:500 (Not recommended)Open & login to FBS
Click on Your account number
Lost Trader & Investor Passwords For MT4
How To Calculate The Value of A PIP
Formula is: (close - open) * contract size * volume * convert rate
Here's an example:
EURUSD
close 1.15200
open 1.15000
contract_size 100 000
volume 1 lot
account in USD (or USD cents)
USD is quote currency here, so convert rate = 1
(1.15200 - 1.15000) * 100 000 * 1 = 0.00200 * 100 000 = 200 (USD/USD cent). So, profit is 200 * 1 = 200 (USD/or USD cent)
USDJPY
close 113.200
open 113.000
contract_size 100 000
volume 1 lot
account in USD (or USD cents)
JPY is quote currency, convert rate = 1/113 (for this example, depends on open price)
(113.200-113.000) * 100 000 * 1 = 0.2 * 100 000 = 20 000 (JPY/or JPY cent)
So, profit is 20 000 / 113 = 176.99 (USD/or USD cent)
MT4 Phone Setup
EMA 8 (Exponential Moving Average) = Red
New EA Update
Over Leveraging
Understanding How MT4 On The Phone Works
How To Read Forex Charts Using Moving Average Analysis
Resources & Links
Time Zone Converter
Trader Telegram Library(Free PDF Books)
Members Telegram Group
ROI Profit Calculator
Example
Profit = $1000.00
Move decimal 2 places
Profit = $10
Calculate ROI
Profit / capital X 100 = ROI as %
Capital = $1000
Profit = $10
ROI = 10 / 1000 X100 = 1%
How To Show Currency Pairs In MT4
Internal Transfer In FBS
Statistics MyFXBook
Telegram Channels
1. Training Group
This group is for the
1. FAQ for the EA
2. Bot Training For EA.
New training videos will be posted here.
https://t.me/joinchat/G9vXkg_pJV8yMnsuUT6LCw
2. Testimonials & Chit Chat
This group is for
General chit chat
If you want to talk about different bot setup, bitcoin, charts, politics, deposits, withdrawals, fees, etc. please feel free & engage. We all learn this way.
https://t.me/joinchat/G9vXkhYKAFulE8GRTX7PtQ
3. Important announcements
This channel is for important announcements (political & new bot setups) only.
Rule 1 in forex.
1. Protect Capital
https://t.me/joinchat/AAAAAE84hsLcOcUYOwX4hA
4. This channel is for Affiliates.
If you want to make more passive income you can sell the bots.
You will earn 10% commission for every bot you sell.
You will earn commission from every trade that is made by those bots you sold.
My income is 20x what I earn from the bots.
This is an incredible way to get very rich very quickly.
https://t.me/joinchat/G9vXkhISAXa2f_YOOSU43Q
5. Recruiting group
Send the below link to your friends so they can see the daily, weekly & monthly testimonials.
Social proof is the best was to convince people. Them seeing other people making money shows the system works.
The more people on the group the more trusted the concept.
6. Learn to Read A Forex Chart Mentoring Master Class
https://t.me/Learn_To_Read_A_Forex_Chart
Testimonial Calculator
How To Withdraw Capital & Profit Out Of FBS
