FAQ
General
Can I use the applications with any broker?
In general, yes. Applications such as the Stop Loss Manager, Meta Extender, Expert Advisor Builder, and Custom Expert Advisor can be used with any broker. However, for ready-to-use Expert Advisors, the situation differs. Given that the spread and order execution speed significantly impacts a trading strategy's performance, a broker must meet specific minimum requirements to be deemed suitable for executing a trading strategy.
Is the trading framework open-source available?
The entire trading framework is a closed-source solution, and its code is unavailable for private or commercial projects.
Can I change the account associated with my subscription?
Absolutely! You can change the account associated with your subscription at any time. Please navigate to the Promotion or Subscriptions tab within your dashboard. You can add or remove live and demo accounts per your plan's limitations.
What happens if my subscription expires?
If your subscription expires, access to the downloadable installer will be revoked, and any active applications will automatically shut down during the next connection to the license server. If local stop loss or take profit limits have been set, they will be converted to server-based limits to safeguard your trade.
Is it planned to support other trading platforms besides MetaTrader?
There are no plans to adapt the code base to other trading platforms.
How can promotional subscriptions be offered for free?
Due to participating in affiliate programs such as being an introduction broker, it is possible to offer the applications for free. The partners will pay a commission to compensate for the free promotion subscriptions.
Stop Loss Manager
When will the Stop Loss Manager be available for MetaTrader 5?
The Stop Loss Manager for MetaTrader 5 is planned to be released. However, there has yet to be a precise date of release.
Meta Extender
Will the Meta Extender ever be compatible with MetaTrader 5?
Due to particular compatibility challenges between MQL4 and MQL5, the Meta Extender for MetaTrader 5 is not planned to be released shortly.
Expert Advisor Builder
Can a Martingale system be developed with the Expert Advisor Builder?
Strategies based on martingale systems involve doubling down on losing trades, which can lead to substantial losses if a winning trade does not occur soon enough to recover the losses. Additionally, it requires a significant amount of capital to maintain the increasing trade sizes. Hence, due to the high risk involved, it is impossible to realize strategies like that.
How can I use buy stop-limit and sell stop-limit pending orders?
By leveraging certain functionalities of the hysteresis feature, executing stop-limit and selling stop-limit pending orders is possible. This unique approach to managing pending orders has many advantages that are impossible to use with traditional stop-limit orders.
What additional patterns will be included in the pattern search engine?
The chart pattern search algorithms to be included soon are the following:
- Bullish wedge
- Bearish wedge
- Bullish trend channel
- Bearish trend channel
- Bullish triangle
- Bearish triangle
- Shoulder head shoulder top
- Shoulder head shoulder bottom
- Double top
- Double bottom
- Triple top
- Triple bottom
- Rectangle top
- Rectangle bottom
- Bullish symmetrical triangle
- Bearish symmetrical triangle
What additional patterns will be included in the Fibonacci search engine?
The Fibonacci pattern search algorithms to be included soon are the following:
- Bullish Gartley-ABCD Fibonacci
- Bearish Gartley-ABCD Fibonacci
- Bullish Gartley-222 Fibonacci
- Bearish Gartley-222 Fibonacci
- Bullish butterfly Fibonacci
- Bearish butterfly Fibonacci
Expert Advisor
When can I expect the Expert Advisors to be compatible with MetaTrader 5?
There are no plans to release the ready-to-use Expert Advisors for MetaTrader 5.
MT5 Tick Data
Why isn't MT4 tick data offered?
MetaTrader 4, without any add-ons, does not support real tick data management. Moreover, the strategy tester integrated into MetaTrader 5 is superior, so using it instead of the MetaTrader 4 version is generally recommended. Given that the trading modules generated and processed with Expert Advisor Builder and Custom Expert Advisor are compatible with MetaTrader 4 and MetaTrader 5, there is no practical need to adapt the tick data solution to MetaTrader 4.
Why is only tick data offered and not M1 data?
MetaTrader 5 can automatically generate M1 data series when tick data is available. Therefore, there is no need for explicit generation of M1 data. You can run tests when the MT5 Tick Data is installed within any timeframe.
How can I adjust if my trading server timezone differs?
The tick data is set to UTC+02:00 and includes Daylight Saving Times (DST). If you need to operate in a different timezone, you can utilize the shift options provided with all signal generators. This shift option allows you to adjust the signal detection to your server's timezone.
If the provided options do not meet your requirements, a service is available for custom tick data adaptation tailored to your needs.