Note: The settings shown on this page for the Traide Ringer are default settings. You can edit the settings to accommodate your trading style and habits. We don't make any recommendations and only share information from the experience shared by the global forex trading community.
Instructions For Setting Up Traide Ringer
- Download the Traide Ringer Files Download Now
- Locate the traideringer.zip file on your VPS.
- Could be in the Downloads folder
- Could be on the Desktop
- You can download from the website
- Extract the contents of the zip file.
- There are two files: TraideRinger.ex4 and traideringerdll.dll
- Place the two files in the proper directories.
- The ex4 file goes in the Experts MQL4 directory
- Copy the TraideRinger.ex4 file.
- Navigate to Experts directory in MT4 and paste it there.
- File > Open Data Folder > MQL4 > Experts
- The dll file goes in the Libraries MQL4 directory
- Copy the traideringerdll.dll file.
- Navigate to the Libraries directory in MT4 and paste it there.
- File > Open Data Folder > MQL4 > Libraries
- Refresh Advisors in the MT4 Navigator box to get Traide Ringer to appear in the list. Open the following currency chart:
- The ex4 file goes in the Experts MQL4 directory
- EURUSD
- AUDUSD
- AUDJPY
- EURJPY
- USDJPY
or (for smaller accounts) just
- EURUSD
- EURJPY
- USDJPY
- Drag Traide Ringer from the Navigator box to all of the currency charts to activate the EA on the charts.
- This dialogue window should pop up when you drag the EA to the charts.
- Go to the common tab on the dialogue box
- Check Allow modification of Signals settings
- Set inputs in the dialogue box (IMPORTANT watch the video at the beginning of this article, the settings listed below are the default settings. Use the settings that you are the most comfortable with.)
- Email: Enter the same email that is on your eaconomy account
- Password: Enter the same password that is in your eaconomy account
- ==========Expert Settings==========
- Weekly Goal: 5% (adjust this for what you want, the software will stop trading when this is reached)
- Equity Protector (%): (When you are using a demo account set this to 100% to get comfortable with the software. After your demo time and before starting with a live account, set this to the comfort level of your choice based on what you experienced during your demo period. Most live users run 40-50% but this is up to you.)
- Stop Running After Equity Protection: Yes
- Fixed Lot Size: ((.01 per $1000)) read this article on lot sizes
- Level Range: 21.0
- Max Levels: 12
- Moving Average Period: 20
- Range Multiplier: 1.0
- Position Multiplier: 1.5
- Trading on 4 Digit Broker: (IMPORTANT watch the video at the beginning of this article)
- ==========News Settings==========
- Stop Trading for News: Yes
- When to Stop Before News: 60 Minutes
- When to Start After News: 60 Minutes
- ==========Trading Times==========
- Wait 2 Hours After Market Opens
- Trade on Sunday (GMT): Yes
- Trade on Monday (GMT): Yes
- Trade on Tuesday (GMT): Yes
- Trade on Wednesday (GMT): Yes
- Trade on Thursday (GMT): No
- Trade on Friday (GMT): No
- Trade on Saturday (GMT): No
- Set the currency charts to 1day time frames
- Go to Tools > Options > Expert Advisors and make sure your settings look like these here in the window with the two boxes checked.
