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How to Setup ITM PDF Print E-mail
Monday, 11 February 2008

The installation and setup process for ITM is very easy. Follow the simple steps below.

 

1. Place the "Investatech_Trades_Manager.ex4" in the "\experts" folder of MetaTrader 4. For example if you are an Interbank FX customer youmost probably need to save this file under "C:\Program Files\Interbank FX Trader 4\experts\".

 

2. Restart your trading platform.

 

3. Open a chart. We recommend a chart that shows more volatility for example GBPUSD, EURUSD, or GBPJPY. The timeframe is not important.

 

4. Attach the EA to the chart. Make sure to enable live trading. For more information about attaching an EA to a chart click here to watch a video.

 

5. Change the inputs to the values you like. If you have not changed the values during the process of attaching the EA you may press F7 to see the inputs dialog box and make necessary changes. Here is a list of ITM variables and their meanings.

 

profit_cap: The minimum ratio of the open profit on multiple trades to the account balance in order to close the trades. This ratio is stated in percentage. For example 8 means, 8%.


Loss_cap: The minimum ratio of the open loss on multiple trades to the account balance in order to close the trades. This ratio is stated in percentage. For example 5 means, 5%.


manage_gridboxer: Whether to consider GridBoxer trades into calculations.


manage_pipboxer: Whether to consider PipBoxer trades into calculations.


manage_all_trades: Whether to consider all of the trades into calculations.

 

These are the only steps that you need to take. Leave the rest of it to ITM. We believe that you'll be amazed by the outcome.

 

 

Last Updated ( Monday, 11 February 2008 )
 
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