ForexRealProfitEA v5.11 Manual 12.21.2010

2010 www.forexrealprofitea.
com
ForexRealProfitEA - real money proven

Forex robot (EA)
Current version: 5.11 - updated December 2010
Developer: ForexRealProfitEA team
Currencies: multiple currency pairs
Timeframe: M15
Website: http://www.forexrealprofitea.com
We would like to thank you for purchasing the ForexRealProfitEA robot, the robot that
doesnt talk much, but does much, the robot that doesnt need internet marketing to be
sold, but real live accounts published.
We truly believe that our robot will become one of the best robots in the world, because
prior to purchase anyone can see it at work by following our and our clients live account
links, right here.
As you can see, by the time our robot was available for purchase, it was already at
v5.09. If you are asking yourself why this happened, the answer is simple. This is a robot
that has been tested on live real money accounts BEFORE it has been released. With
the above in mind, it is very important to read this entire manual thoroughly before
making any attempt to use or back-test the robot, as there are some critical things that
need to be understood about risk and other robot settings.
1
2010 www.forexrealprofitea.com
TABLE OF CONTENTS
Disclaimer and risk warnings 3
U.S. Government Required Disclaimer 3
Getting started with ForexRealProfitEA 4
Installing the MetaTrader4 platform 5
Configuring the MetaTrader4 platform 11
Installing the ForexRealProfitEA 12
Updating the ForexRealProfitEA 15
Using and Configuring the ForexRealProfitEA v5.11 16
ForexRealProfitEA Settings 19
2
Disclaimer and risk warnings
This entire e-manual and all related websites and correspondence are copyright and
may not be copied or reproduced.
U.S. Government Required Disclaimer
Commodity Futures Trading Commissions Futures and options have large potential
rewards, but also potential risk. You must be aware of the risks and be willing to accept
them in order to invest in the FOREX, futures and options markets. The past
performance of any trading system or methodology is not necessarily indicative of future
results.
U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a

high level of risk, and may not be suitable for all investors. The high degree of leverage
can work against you as well as for you. Before deciding to invest in foreign exchange,
you should carefully consider your investment objectives, level of experience, and risk
appetite. The possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek
advice from an independent financial advisor if you have any doubts.
Clearly understand this: Information contained within this manual is not an invitation to
trade any specific investments. Trading requires risking money in pursuit of future gain.
That is your decision. Do not risk any money you cannot afford to lose. This document
does not take into account your own individual financial and personal circumstances. It
is intended for educational purposes only and NOT as individual investment advice. Do
not act on this without advice from your investment professional, who will verify what is
suitable for your particular needs & circumstances. Failure to seek detailed professional
personally tailored advice prior to acting could lead to you acting contrary to your own
best interests & could lead to losses of capital.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS

HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD,
SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE
THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-
OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH
THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
THOSE SHOWN.
3
Getting started with ForexRealProfitEA
The ForexRealProfitEA robot requires a MetaTrader4 trading platform which is freely

available from a wide selection of Forex brokers.
New users
If you do not have MetaTrader4 installed on your computer then you can download a
copy by going here and request a demo account.
http://www.mbtrading.com/metaTrader4.aspx
We personally like MB Trading because they have tight spreads that we need in order to
make true profits and because they are a true ECN broker that operates directly on the
FOREX market and are not a dealing desk like most commercial brokers. And also we
prefer them because ForexRealProfitEA was developed on their MetaTrader 4 platform
and it is having the best results here, however you are free to use any MetaTrader 4
broker you wish, but keep in mind to find a broker that offers minimum spreads for best
performance of ForexRealProfitEA and also make sure the broker has a good
reputation worldwide between its customers.
Broker requirements
ForexRealProfitEA works basically with any broker that can offer a MetaTrader4
platform, regardless of the account type, if it uses micro or mini lots, 4 or 5 decimal
quotations.
4
Installing the MetaTrader4 platform
Visit http://www.mbtrading.com/metaTrader4.aspx (or your broker website) if you have

decided to use MB Trading as your forex broker, and click downloads tab and then the
download link for the MetaTrader4 platform. A window similar to the one below should
appear.
Note: With browsers different from Internet Explorer the Run option may not appear.
Choose the Save option instead, save the file on the desktop or any folder on the hard
drive and run it from that location.
5
You will very likely be asked if you trust the source of the file you are running and if it is
OK to continue. This is a Windows built-in security system and it is perfectly normal.
Just agree and click Run in any similar window that might appear at this time.
Note: Some anti virus software might give you some false virus alarms because
MetaTrader4 platform includes a protection code that prevents hackers to reverse-
engineer the software. This protection code looks like a virus and any warning about this
issue should be ignored.
6
Next you will see a window similar to this one, where you have to choose your preferred
language. Click Next to continue.
Read the License Agreement and check the box to agree with the terms. Click next to
continue (Next button is inactive until you check the box).
7
Choose the folder where you want MetaTrader4 to be installed. It is recommended to

install it in the default folder as you can find it anytime when reading this manual. You
will need to remember this folder in order to install the ForexRealProfitEA expert advisor.
As you make your way through to the installation process, different windows should
appear. Just click Next to all of them until you finish the setup process.
8
Leave the Launch MBT MetaTrader box checked in order to start the application.
After clicking the Finish button, your MT4 will launch.
Assuming that you already have an account open with your broker, go to the File menu
Login submenu, like in the picture above, to login into your account.
In the Login box type in your account number, also type in your password, choose
either MBTrading-Demo Server or MBTrading-Live Server, depending on which account
you want to login to, and check the Save account information box in order to login to
your account automatically each time you start the MetaTrader4 application.
9
Existing Users
If you already have MetaTrader4 installed on your computer, make sure that you have
the most recent version, under Help menu About submenu. At the time
ForexRealProfitEA is being launched this version is build 229. Under normal
circumstances, each time you start the application it will auto check for the latest build
and offer you the opportunity to update the version. If you find out that an earlier version
in installed on your system and you are not being offered the option to upgrade, please
check with the broker for assistance.
Assuming a newer build is available and everything works correctly, a window like this
one should appear.
Please click the Start button to update your MetaTrader4 platform. Once the update is
finished, click the Update and restart button.
10
Configuring the MetaTrader4 platform
Once MetaTrader4 has been installed, the next thing to do is go to the Tools - Options
Menu
Select the Expert Advisors tab and make sure to set the checks exactly like in the
picture below.
Click OK button to continue.
The next step is to install ForexRealProfitEA, but before that you have to close the
MetaTrader4 application.
11
Installing the ForexRealProfitEA
ForexRealProfitEA consist of 2 files:

- the robot file (ForexRealProfitEA.ex4)
- the support file (ForexRealProfitEA.dll)
First step in to logon to your own member account on www.forexrealprofitea.com
After doing so, go to the Download section and click on the robot setup file. Either save
the file on your computer desktop, or in a random folder at your choice or run it directly
from the window that pops up.
In the next window enter the following installation serial number for demo accounts only:
7LHN-8FBR-J7BL-FN77
12
Note: The Next button will stay inactive until you enter the correct serial number. Click
it to continue once it is active.
Read and accept the License Agreement to continue. Click Next to do so.
In the following window you will have to choose the destination folder of
ForexRealProfitEA. If you have multiple instances of MetaTrader4 platform installed on
your computer, you have to select the one that you have in mind to use the robot with,
because one license gives you the right to use the robot on ONLY 1 live account.
13
To continue click Next after you have chosen the right destination folder.
Next window is a summary of the installation process; review it and if you need to
change anything click Previous; if all is OK click Next.
Following that, you will see the installation progress. Once the process is done, click
Next to continue.
14
This is the final window of the installation process, where you have to click Finish to
complete it.
Updating the ForexRealProfitEA
In order to install an updated version of ForexRealProfitEA robot, simply visit

www.forexrealprofitea.com, logon to your member account, download the latest
installation file from the Download section, remove the old version from all the charts,
close the Metatrader4 platform, uninstall the old version of ForexRealProfitEA, install the
latest version and follow the same instructions described in the previous section of this
manual. After any installation process restart the MetaTrader4 application in order for
the changes to take effect.
Note: Do not perform any update or reinstallation process while ForexRealProfitEA

trades are open!!!
Note: Always check the ForexRealProfitEA settings before letting it open any trade. As
with new versions, new setting parameter can become available and you need to know
what each parameter does, and how to set it.
15
Using and Configuring the ForexRealProfitEA v5.11
Configuration of ForexRealProfitEA robot is a very important step. Having installed the

robot, restart the MetaTrader4 and go to the Navigator pane on the left side. Clicking the
small [+] will expand the Expert Advisors section and will reveal all your installed robots,
including ForexRealProfitEA.
Note: Please note that ForexRealProfitEA icon is grey, while other icons in the list are
colored. This is a perfectly normal thing. Open source Expert Advisors, like Moving
Average for example, have colored icons. ForexRealProfitEA has a grey icon because
its source code is not open (the robot is protected).
To begin trading you will require any open M15 chart. You either can use an existing
chart or open a new one, but do not forget to set it to M15 timeframe by clicking M15
button in MetaTrader4. Left click the ForexRealProfitEA icon and drag it to the chart.
Changing the timeframe while the robot is already attached is not a problem.
Note: You can change it anytime but dont let the ForexRealProfitEA trade on other
timeframes, as this can become dangerous and can produce large losses.
Our recommendation is to use the ForexRealProfitEA with the following pairs:
EURUSD, EURGBP, EURCHF, USDCAD, USDCHF, and EURCAD. Our robot has the
best performance with these pairs. Two other pairs that have good results are CADCHF
and GBPCHF.
There is no limitation using the robot with any pair, but we strongly advise you to back
test any pair before trading live, and choose the best ones for live trading.
Other pairs except the recommended ones work well with Trend Filter set true.
When you drop the ForexRealProfitEA on the chart, a Properties dialogue will open
and one of the two windows below (common or inputs) will pop up (depending which one
was last used). This Properties dialogue can be accessed later on by pressing the F7
16
key on your keyboard or right clicking on the chart and choosing Expert Advisors and
Properties from the menu that appears.
Assuming that you followed the instructions given earlier in this manual in the
Configuring MetaTrader4 Platform chapter, the common tab should have exactly the
same settings as the one in the image. If not, please set it exactly the same.
The inputs tab is the one where you set the ForexRealProfitEAs parameters and license
keys (provided to you in the License Certificate). To change the values of any setting,
double click in the Value column.
After you drag the robot on the first chart and finish entering all the license information
and settings, use the Save button like in the image below to save all the settings for
17
future use. This will make the installment of ForexRealProfitEA on other charts a lot
easier.
Use the Load button for next pairs to load all the settings that you have previously
done.
By doing so you will not have to enter the license information each time you attach
ForexRealProfitEA to a chart. You will only need to change MaxSpread, MagicNumber,
TakeProfit or StopLoss, depending on your needs.
Note about the trading range:
In the summer time (DST in USA): 21:00 GMT - 21:59 GMT
In the winter time (USA): 22:00 GMT - 22:59 GMT
18
Next we will give you detailed explanations of each and every variable that can be set.
ForexRealProfitEA Settings
Account_Number
Please type in here your Live Trading account number (found also in the upper left
corner of the metaTrader4 window) provided by your broker when you opened the live
trading account.
Email_Address
Type in here the e-mail address that you used when you purchased the
ForexRealProfitEA (found also on your License Certificate)
KeyPrefix
Type in here the Key Prefix found on your License Certificate
Key1 / Key2 / Key3
Type in here the License Key1, License Key2 and License Key3 found on your License
Certificate.
TimeFrame = M15
- Our recommended time frame is M15.
- Do not use ForexRealProfitEA with other time frames unless you make several back
tests to see its results. Attach the robot to other times frames charts only if you are
totally satisfied with the back test results.
19
Currency = any
- Our recommendation is to use the robot with the following pairs: EURUSD,
EURGBP, EURCHF, USDCAD, USDCHF, EURCAD and GBPCHF.
- You can use other pairs too, there is no limit in doing that, but before you trade you
have to back-test anything that is not recommended by us.
Magic Number
Use a different MagicNumber for the same traded pair at the same time on different
charts.
UseAutoGMT
It is recommended to set the UseAutoGMT to true so the ForexRealProfitEA can
calculate correctly the difference between the GMT hour and the broker hour.
Do not forget to set the UseAutoGMT to false when you are doing back tests.
Set_StartHour
This is the hour when the robot starts trading. The recommended StartHour for trading is
21 GMT for the summer time and 22 GMT for the winter time.
Important note: If you are using the robot with UseAutoGMT set to false, when setting
StartHour, you have to calculate the difference (called GMT offset) between GMT hour
and broker hour and add it to the GMT hour!!!
Example given:
If your broker hour is GMT+2, then recommended StartHour is 21+2=23
If your broker hour is GMT-4, then recommended StartHour is 21-4=17
For the hour 24 use 00.
20
Note: If you are not sure about GMT offset please double check with your broker,
because failing to set this parameter correctly can cause big losses.
Set_StartMinute:
This is the minute after the StartHour when the robot starts trading. The recommended
StartMinute is 0.
Set_EndHour:
This is the hour when the robot stops trading. The recommended EndHour for trading is
21 GMT for the summer time and 22 GMT for the winter time.
Important note: If you are using the robot with UseAutoGMT set to false, when setting
EndHour, you have to calculate the difference (called GMT offset) between GMT hour
and broker hour and add it to the GMT hour!!!
Example given:
If your broker hour is GMT+2, then recommended StartHour is 21+2=23 in the summer
time and 22+2=00 in the winter time.
If your broker hour is GMT-4, then recommended StartHour is 21-4=17 in the summer
time and 22-4=18 in the winter time.
For the hour 24 use 00.
21
Set_EndMinute:
This is the minute after the EndHour when the robot stops trading. The recommended
EndMinute is 59.
Very important note for Set_StartHour and Set_EndHour: Do not forget to check the
GMT offset of your broker when daylight changes occur and adjust the Set_StartHour
and Set_EndHour accordingly.
Set_Lots
This setting defines the dimension of the open position when money management is not
used. This parameter has no effect if MoneyManagement is set to true.
Note: You have to check if the lot size you intend to use is allowed by the broker. If the
lot size you intend to use is not permitted by the broker (it is lower then the minimum
permitted lot size or exceeds the maximum permitted lot size), the lot size will be
adjusted automatically to the assessed limits. For example, if you want to set the lot size
to 1 micro lot (0.01 lots), check if your account allows micro lot trading.
Recommended SetLots is 0.01 (1 microlot) for each $150-$200 of you account balance.
Example given: If your account balance is between $450 and $600 recommended
SetLots is 0.03
22
Set_MaxSpread (in pips)
This input prevents trades to be open if the spread offered by the broker is higher then
this value.
The lower the spreads, the larger the profit.
Recommended values for Set_MaxSpread:
- EURUSD = 2.5 pips
- EURGBP = 3.0 pips
- EURCHF = 4.0 pips
- USDCAD = 5.0 pips
- USDCHF = 4.0 pips
- EURCAD = 7.0 pips
- GBPCHF = 6.5 pips
Set_Slippage (in pips)
If you or a robot make an order to open a position or close an open position, and until
the order gets through at the broker the current price for that pair changes, the broker
will give you an off quote error message. This usually happens when internet
connection is poor or when price changes happen quickly. The Set_Slippage value
defines the maximum deviation in pips accepted for opening or closing a position, from
the price that the open or close order was placed at. Recommended Set_Slippage
is 1.
23
UseStopLoss
This setting is used to stop the losses when an open order develops against you. You
can either choose to use the Stop Loss or not. If you set this parameter to false the
ForexRealProfitEA will not let you loose all the money from the account. It has a
dynamic Stop Loss in its code that will close a loosing position at a certain time. If you
choose to set the UseStopLoss to false, we recommend you to make back tests to see
if the performance of the robot is acceptable to you with this setting.
Our recommendation is to set the UseStopLoss to true.
Set_StopLoss (in pips)
This setting defines the maximum value in pips when the robot will close a loosing
position. As said before, ForexRealProfitEA uses a dynamic Stop Loss algorithm.
Set_StopLoss defines the maximum loosing limit. The higher the StopLoss value is, the
bigger the profits are on long term. Of course you dont have to exaggerate with
increasing the StopLoss value, as in case of doing so and a disadvantage situation
occurs, you can suffer big losses.
Our recommendation for Set_StopLoss is 100 pips for any of the recommended pairs,
except EURCHF which can be set to 60 pips.
Some of the recommended pairs never touched the 100 pips Stop Loss value in 10
years of back test. If you choose to set a different value please make back tests with that
setting to check the ForexRealProfitEAs performance.
24
UseTakeProfit
This setting is used to close a winning position at a certain number of pips. You can
either choose to use the Take Profit or not. If you set this parameter to false the
ForexRealProfitEA will still close the winning positions following its dynamic Take Profit
algorithm.
Our recommendation is to set the UseTakeProfit to true.
Set_TakeProfit (in pips)
This setting defines the maximum value in pips when the robot will close a winning
position. As said before, ForexRealProfitEA uses a dynamic Take Profit algorithm.
Set_TakeProfit defines the maximum number of profit pips when UseTakeProfit is set to
true.
Our recommendation for Set_TakeProfit is:
- EURUSD = 10.0 pips
- EURGBP = 10.0 pips
- EURCHF = 10.0 pips
- USDCAD = 10.0 pips
- USDCHF = 10.0 pips
- EURCAD = 10.0 pips
- GBPCHF = 10.0 pips
Note: The Set_TakeProfit can be defined with decimals also.
25
InvisibleMode
When using the InvisibleMode, the true Take Profit and Stop Loss values are not
displayed to your broker.
Our recommendation is to use the InvisibleMode only for non ECN brokers.
Characteristics of the ECN broker: A type of Forex brokerage firm that provides
its clients direct access to other Forex market participants. ECN brokers don't
discourage scalping, don't trade against the client, don't charge spread (low
spread is defined by current market prices) but charge commissions for every
order.
Characteristics of the retail or commercial broker: Retail Forex Company acts
as the market maker for all your trades. They shade prices, widen spreads
arbitrarily, and trade against you. The advantages retail brokers provide are that
you can open an account with very little money, they give you crazy leverage, and
usually you can demo trade on their platforms until you learn what you're doing.
Most of them also have micro and mini lots so you can trade very small sizes.
UseTrendFilter
When this is set to true, ForexRealProfitEA uses a trend filter and opens transactions
only in the direction indicated by the trend of a superior timeframe. It is recommended to
set the UseTrendFilter to true for all the other pairs that are not recommended in this
manual. It is highly recommended to make back tests even if you set the UseTrendFilter
to true.
26
NFA
ForexRealProfitEA doesnt do hedging, but if you use multiple expert advisors on the
same account and the broker doesnt allow hedging, then when NFA is set to true,
ForexRealProfitEA doesnt open positions that are in hedging situation even though it
has a trading signal.
When NFA is set to false, ForexRealProfitEA can come in a hedging situation with
other expert advisors installed on the same account.
AFMP (account free margin protection - %)
Default value for AFMP is 75%.
This parameter prevents new positions to be open if, by doing so, more than 75% of the
free margin is being used.
Example given:
- Account balance = 1000 USD
- Free margin = 410 USD
If AFMP = 60%, next trading signal uses 50 USD margin, resulting into a 410-
50=360 USD free margin remaining, which is less than 40% free margin so this position
will not be open.
P01
ForexRealProfitEA internal parameter. Default value is 12. Use only default value or
values provided in the member zone area.
27
MoneyManagement
Money management is a system that automatically calculates the size of the open
positions according to the accounts balance.
Our recommendation is to set MoneyManagement on true because it produces more
consistent profits.
MM_Option
This option calculates the risk according to Account Balance, Account Equity or Account
Free Margin. Its settings are as follows:
1 Account Balance
2 Account Equity
3 Account Free Margin
Default MM_Option is 1 (risk calculated based on the accounts balance).
This option is very useful in choosing between conservatory and aggressive risk strategy
or when using multiple expert advisors on the same account.
Risk percent
It calculates the size of the next open position according to the stop loss value.
This value defines the maximum amount of money (in percentage) of your current
Account Balance, Account Equity or Account Free Margin (depending on MM_Option)
that you can loose on a single trade for a certain pair when the stop loss is hit.
Example given:
- Risk percent=5 and Set_StopLoss=100; ForexRealProfitEA will loose 5% of the money
if 100 pips stop loss is hit;
28
- Risk percent=8.5 and Set_StopLoss=50; ForexRealProfitEA will loose 8.5% of the
money if 50 pips stop loss is hit.
DO NOT TRY TO TRADE 8 PAIRS ALL WITH THE RISK SET TO 15% BECAUSE
YOU WILL RISK MORE MONEY THAN YOU HAVE INTO YOUR ACCOUNT!!!
(15% X 8PAIRS = 120% RISK!!!)
Internals
As the text says, DO NOT change anything below this line or the robot will stop working.
Some useful advice:
You can get cash back on all your FOREX trades, win or lose, with
CASHBACK FOREX ! Getting that money back, you can pay for your VPS
and have it for free.
Use this link http://www.cashbackforex.com to get cash back on all your
FOREX trades, win or lose.
Hoping that you understood how our expert advisor works, we wish you
happy trading and MAY THE PIPS BE WITH YOU!!!
We wait for your feedback on our forum at www.forexrealprofitea.com/forum
29

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2010 www.forexrealprofitea.

ForexRealProfitEA - real money proven

Current version: 5.11 - updated December 2010

Developer: ForexRealProfitEA team

Currencies: multiple currency pairs

Disclaimer and risk warnings 3

U.S. Government Required Disclaimer 3

Getting started with ForexRealProfitEA 4

Installing the MetaTrader4 platform 5

Configuring the MetaTrader4 platform 11

Installing the ForexRealProfitEA 12

Updating the ForexRealProfitEA 15

Using and Configuring the ForexRealProfitEA v5.11 16

Disclaimer and risk warnings

U.S. Government Required Disclaimer

U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a

*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS

Getting started with ForexRealProfitEA

The ForexRealProfitEA robot requires a MetaTrader4 trading platform which is freely

Installing the MetaTrader4 platform

Visit http://www.mbtrading.com/metaTrader4.aspx (or your broker website) if you have

Choose the folder where you want MetaTrader4 to be installed. It is recommended to

Configuring the MetaTrader4 platform

Click OK button to continue.

Installing the ForexRealProfitEA

ForexRealProfitEA consist of 2 files:

Updating the ForexRealProfitEA

In order to install an updated version of ForexRealProfitEA robot, simply visit

Note: Do not perform any update or reinstallation process while ForexRealProfitEA

Using and Configuring the ForexRealProfitEA v5.11

Configuration of ForexRealProfitEA robot is a very important step. Having installed the

Our recommendation is to use the ForexRealProfitEA with the following pairs:

Note about the trading range:

In the summer time (DST in USA): 21:00 GMT - 21:59 GMT

In the winter time (USA): 22:00 GMT - 22:59 GMT

ForexRealProfitEA (found also on your License Certificate)

Type in here the Key Prefix found on your License Certificate

Key1 / Key2 / Key3

It is recommended to set the UseAutoGMT to true so the ForexRealProfitEA can

and broker hour and add it to the GMT hour!!!

If your broker hour is GMT+2, then recommended StartHour is 21+2=23

If your broker hour is GMT-4, then recommended StartHour is 21-4=17

For the hour 24 use 00.

and broker hour and add it to the GMT hour!!!

time and 22+2=00 in the winter time.

time and 22-4=18 in the winter time.

For the hour 24 use 00.

and Set_EndHour accordingly.

used. This parameter has no effect if MoneyManagement is set to true.

Set_MaxSpread (in pips)

The lower the spreads, the larger the profit.

Recommended values for Set_MaxSpread:

- EURUSD = 2.5 pips

- EURGBP = 3.0 pips

- EURCHF = 4.0 pips

- USDCAD = 5.0 pips

- USDCHF = 4.0 pips

- EURCAD = 7.0 pips

- GBPCHF = 6.5 pips

Set_Slippage (in pips)

if the performance of the robot is acceptable to you with this setting.

Our recommendation is to set the UseStopLoss to true.

Set_StopLoss (in pips)

position. As said before, ForexRealProfitEA uses a dynamic Stop Loss algorithm.