Page 80 - TakePropips Trading Management Solutions

P. 80

I turned ON Auto-Trade on the dashboard but its not opening any trade. What should I do?

First, please make sure that “Allow live trading” on the Common tab is checked.

Second, please double check the “Experts” tab on the Terminal window of MT4 to make sure there are
no error messages that is preventing the EA from opening trades. If you see any errors, please message
us at info@takepropips.com

Third, please check the Auto-Trade Filters on the input settings of the EA as it could be that the enabled
filters are too restrictive and it may be preventing the EA from opening trades. E.g., If you enable
success rate analysis and you set the success rate percentage to 90, it means that the EA will only open
trades when the success rate is above 90%. This will make the EA reject any trade signals with less than
90%-win rate, so as a result, you will get less trading volume.
Fourth, check the “Max Spread” and “Max Slippage” setting on the Auto-Trade Management dashboard
and make sure to give enough room for the pair you want to auto-trade.

Fifth, check the lot size that you have set on the Auto-Trade Management dashboard to make sure it can
open the trade with the available free margin that you have on your account.

Also, be aware of the timeframes in which the EA is auto-trading. E.g., If you set the EA to auto-trade on
H1 and H4 timeframes, then it will take more time for the EA to open trades since it is trading on higher
timeframes, so you will need to be more patient in this regard. The EA also will not auto-trade if there is
already an opened trade for that particular pair.

I am getting errors on the “Experts” tab when the EA is running. What does it mean?

75 76 77 78 79 80 81 82 83 84 85