Frequently Asked Questions
What is Algorithmic Trading?
Algorithmic trading (also known as systematic or mechanical trading) is a way of defining trade goals, risk controls and rules that can make trading decisions in a methodical way.
It includes manual trading and fully automated trading using computer algorithms.
I am new to algorithmic trading, is your tools suitable for me?
Absolutely yes. Our tools are beginners friendly. Furthermore, our support-desk is ready to assist you anytime.
What is the minimum deposit required to get started in algorithmic trading?
Your broker decides the required minimum deposit. It could be as low as $100. However, we recommend starting with at least $1000 to get meaningful returns.
What are the limitations in free downloads?
There are no limitations associated with the free downloads.
Am I entitled to lifetime support for my purchases?
Yes. No matter if you'd purchased yesterday or a year ago. We'll help you with the same enthusiasm.
Do you provide a free trial or demo?
Yes. You can download a free demo for each product. The demo button is provided on the left side of the product description.
When you click on the download button, a demo of the product will be automatically installed in your Metatrader. Demo version is allowed to works only in the strategy tester.
- For an indicator, a demo will be installed in /Indicators/Market/
- For an EA, a demo will be installed in /Experts/Market/
How does the installation work?
Installation of our products is easy. Read the installation-guide if you are not familiar with the installation process.
I asked something about a free product. I've not received a response yet, why?
Please have patience. Our support team gives higher priority to the queries by premium customers (who has purchased at least one paid product).
You may receive a reply, but due to the limited time, we are unable to provide dedicated support to free users — many apologies.
Payments & License
What payment methods do you accept?
We accept Mastercard, Visa, American Express, Discover, and PayPal.
What to do if my payment is declined?
Our website uses a strict fraud monitoring system. Sometimes it can restrict legitimate buyers to complete the transaction. Please submit a support ticket to get your IP white-listed.
How does the product replacement work?
For any reason, if you are not satisfied with your purchase, we offer No-Question-Asked product replacement within 15 days of the original purchase.
How do I activate my license?
For premium products, you'll find the license key with your personal download link.
Enter this license key into the input settings of Indicator or EA. For the first time, it will take around 10-20 seconds to activate the license on your account.
On how many Computers/VPS can I use your product?
You can use it on as many computers/VPS as you want.
However, you'll be able to activate and use it on max. 3 Metatrader accounts (real + demo).
Do I need to provide my Metatrader account no. for license activation?
Our license management system is fully automated and secured using the 256-Bit encryption. You don't have to provide any account number.
I've spent all of my license activations. What can I do?
Please submit a ticket. We'll provide you an extra activation at no additional cost.
What is an Expert Advisor?
An Expert Advisor, commonly known as an EA. is a piece of software written specifically for the MetaTrader Platform.
An Expert Advisor is a trading robot that automatically places trades for you. They trade using fixed mechanical rules without any discretion.
I've no experience with automated trading. Is it easy to use an EA?
Generally speaking, it is relatively easy to install and deploy an EA on a trading account.
However, they work best when you also have a decent knowledge about the trading strategy that is programmed into the EA.
With an EA, how much percentage I can make per month?
You would be surprised to know that the world's top hedge funds make around 25-30% annually. Trading robots are great, but you should keep your expectations aligned with the reality.
What is magic number in an EA?
The magic number is like a unique ID that EA associates with its trades so that it can identify and manage them without interfering with the trades that are opened by other Expert Advisors.
Most of the time, there is no need to change the default magic number in EA's input settings. However, if you are running two or more EAs on the same account, make sure each of them is having a unique magic number.
How to backtest an EA?
In Metatrader, pressing the ctrl+R will bring up the strategy tester. In the tester, select the EA you want to test and choose the presented options such as backtest date, symbol, time-frame, etc.
When ready, click on the start button. Once completed, the EA backtesting result will be available on the screen.
Do I need a VPS to successfully run an EA?
If you want to run the EA 24/7 with consistent internet connectivity and peace of mind, you should use a VPS.
Can you recommend a reliable VPS provider?
We use ForexVPS to host our trading strategies. You can find and choose the nearest data center to your broker.
With them, our trades are usually placed rapidly with a latency of around 2.5ms.
What are Metatrader indicators?
MetaTrader indicators are speculation tools which can help you to identify market trends, cycles, zones etc. and provide evidence for the predictions about future price movements.
Can indicators trade automatically?
No. Indicators can provide vital information about the markets, but they cannot trade automatically like expert advisors.
How to find the best input parameters of an indicator?
Default inputs are usually the best parameters. A small change in values can be done to suit a particular symbol or time-frame. However, additional optimization of the input values will only lead to curve fitting.
Can I use your indicators on smaller time-frames like M1 or M5?
You can use our indicators on any time-frame you prefer, but smaller time-frames are generally not recommended to avoid the unnecessary noise in the market.
How can I receive alerts through push notifications on my mobile phone?
Its easy, follow the steps in this post.
How can I receive the alerts through email?
It is recommended to use the push notifications instead of email as they are instant and lag free. If you want to setup the email alerts, follow the steps in this post.