How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019



How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019


How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019


How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

Setting up an Expert Advisor like SSA Fixed It Lite is simple. Please make sure you are using a recommended broker and VPS
(

more information)

There are just 4 simple steps:

  1. Buy and download
  2. Setup SSA in Metatrader 4
  3. Choose your portfolio
  4. Configuration of INPUTS parameters




How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

    1. Buy and Download:

    Buy SSA Fixed It Lite here or in your MetaTrader 4 Market.

    In case of questions on how to buy and download an expert advisor, please consult MQL5s
    help pages


    How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

      2. Setup SSA in Metatrader

      • Drag SSA Fixed It onto recommended pair and timeframe (see 3. Choose your portfolio)
      • Activate “Allow live trading”
      • Setup INPUT parameters (see 4. Configuration of INPUTS parameters)
      • When finished will all pairs and timeframes, activate “AutoTrading”
      • That’s it, SSA will handle the rest!


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

      3. Choose your portfolio



      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

      Tipp: Download portfolio as Excel file here
      and automatically calculate your individual stop loss!


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

      4. Configuration of INPUTS parameters

      Here you will an explanation and recommendation for all setting you can adjust in the expert advisors “Inputs” tab:


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019


      Magic Number:

      • Please use a different magic number on each chart
      • Also please make sure the magic number does not conflict with the number of existing EAs running on the same account.


      Maximum spread in points:

      Please consult your brokers homepage and multiply value in points by 1.5. Our recommended broker is ICMarkets,
      use the number in column “EA value in points”:


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019


      Broker Type:

      Choose “ECN” for ECN, raw spread accounts, if not sure choose “Non-ECM”


      NannyMode:

      “Nanny mode” is the default mode and will miss some opportunities because it is focused on quality over quantity. “No Nanny mode” will
      trade every available opportunity.


      Fixed Lot and Balance per Lot (IMPORTANT!):

      Trading variable lot size depending on your equity:

      • Activate by setting “Fixed lot” to “0”
      • Set your individual risk setting “balance per lot”:


        • Low Risk: 200.000 (standard setting and recommended)
        • Medium Risk: 100.000
        • High Risk: 50.000 (not recommended)
        • Very High Risk: 25.000 (not recommended)


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019 High risk and very high risk settings should
      not be used without you own portfolio simulations and therefore is for

      experts only!


      How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019 Example: 100.000 balance per lot trades 0.01 lot
      per 1000$


      Basket take profit in points:

      Please consult ICM spread table above for correct take profit value for each pair (100 or 1000)


      Equity drawdown stop %:

      This setting is used as stop loss for each pair (or baskets of positions). If the pair (or basket of positions) hits the equity drawdown stop,
      this pair (or basket of positions) will be closed. 

      Please set this to either the maximum overall drawdown you are willing to accept (-50 = drawdown of 50%) for all pairs or use individual drawdown
      per pair. For orientation please use the table of recommended pairs above. For example: EURUSD has a max. historic equity drawdown of 5.56%
      so a good individual drawdown for this pair would be 7% (enter -7 in INPUTS). 

       

      Please be aware of:

      • US customers: to use first in and first out (FIFO) it will be necessary to trade one time-frame per
        account. Trading several time-frames on the same account is likely to create first in first out conflicts since each instance of the EA
        control the trades generated by that EA and not the trades of other instances of the EA.
      • If the relative drawdown is too high, simply increase the balance per lot to reduce
        the relative drawdown to a level that matches your risk preference.
      • The “Equity Drawdown Stop %” setting may be used as overall stop-loss level
      • Ensure there is at least 500 bars of history and chart before running the EA: MT4 -> Tools -> Options ->
        Charts



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How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019
How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019
How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019
How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019
How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019

How To Configure SSA Fixed It Lite - Trading Strategies - 4 October 2019