1. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
How to Install 10pipspro v3 Expert Advisor (10pipspro v3 Auto Forex Trading System).
Thank you for purchasing the 10pipspro v3 Expert Advisor! We will send updates and new
innovations for this EA to you for free whenever it is available. If you have any questions, you can
reach us by email at email@example.com
In this 10pipspro v3 Expert Advisor Package, you will receive 2 version of 10pipspro v3 EA for
live and demo trading listed below:
1. 10pipspro v3 Live YourAccountNumber
2. 10pipspro v3 Demo No Expiry
Please start the autotrading before the StartHour. Do not start the EA in between StartHour
and EndHour. This is to increase your winning percentage.
Example: If the time shown in Broker Time “Market Watch” is 15:49 now and the EA is
optimized StartHour=7 and EndHour=20, do not run it. You can run it only at 21:00
onwards the same day OR before 7:00 the next day.
Broker Server Time = “Market Watch” Time as shown above.
2. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
Copy your preferred 10pipspro v3 Expert Advisor .ex4 file version to the C:Program
FilesYour Meta4 Program Folder NameExperts folder.
For example, if you are using FXDD it should be copied into C:Program Files FXDDExperts
Folder. After you have copied the file into the folder, please restart your preferred Metatrader 4
If all are done correctly, the 10pipspro v3 Expert Advisor will be found in Navigator as shown
3. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
Open a new chart (M15) for any currency pair (We have optimized it for EUR/USD, USD/JPY,
and EUR/GBP) and in the Navigator windows, drag the 10pipspro v3 Expert Advisor to the chart
and a pop up screen as below will Appear.
Click on “Allow Live Trading” in Common tab as shown below.
4. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
Click On the Input tab and you will see the outlook as below.
In the MagicNumber, you can set the value to any number for different pairs. You must Not use
the same MagicNumber Value on different pairs. The Default Value is 0
For Example, here is the setting of MagicNumber Value for all our pairs.
EUR/USD Value= 111
GBP/USD Value= 222
USD/CHF Value= 333
USD/JPY Value= 444
EUR/JPY Value= 555
5. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
Lots=1.0 means 1 Lot, Lots=0.1 means 0.1 Lot
(If you wish to use your own fix lot size, please set PercentRisk=0)
StopLoss=300 (If you want to have lower stoploss value, you can change here. Our
recommendation is to leave the value at 300 pips)
For Optimized Pairs like EURUSD, USDJPY and EURGBP, please use the recommended
StopLoss value. If you are unsure about the settings, you can check it at 10pipspro.com
TakeProfit=10 (Recommended Value but you can set higher if you wish)
For Optimized Pairs like EURUSD, USDJPY and EURGBP, please use the recommended
Take Profit value. If you are unsure about the settings, you can check it at 10pipspro.com
This means that the EA only allow trades at certain time. Trading time will only open between
StartHour and EndHour. If you do not wish to use this feature, you can set it to false. Default
Value is True.
This means that the EA will start trading from 16:00 FXDD Server Time. If you are using other
brokers, please check the corresponding Server Time that match this FXDD Server Time. If you
are unsure about the time to key in for your broker, please consult us.
6. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
This means that the EA will look for opportunities to trade until 23:59 FXDD Server Time. If you
are using other brokers, please check the corresponding Server Time that match this FXDD
Server Time. If you are unsure about the time to key in for your broker, please consult us.
If PercentRisk = 5.0 means you are risking 5% of your account balance for the trade.
If you are trading EUR/GBP, and would like to risk 5% of your account to trade, then just
The reason is because 1 pip value for EUR/GBP is almost double compared to other USD
If PercentRisk=0, this mean Money Management is Disabled.
We strongly recommend that you diversify your currency pairs trading and run the EA on the 3
optimized pairs (EURUSD, USDJPY and EURGBP) in a single account instead of 1 currency pair
only. However it is up to you to decide how many pairs you wish to trade in a single account.
This means that the EA will only open maximum one order per day. If the current order for the
day did not close on the same day, the EA will carry forward this active trade to the next days
until it closes. The EA won’t open a second order on the next day if there is still an active trade
carried forward from the previous day.
If you want to trade more that one time per day, set OnlyOneOrderPerDay=false.
7. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
StartHour, EndHour, Broker Server Time “Market Watch”
Corresponding Broker Server Time “Market Watch” Examples
FXDD InterbankFX ODL
5 2 2
7 4 4
9 6 6
12 9 9
16 13 13
20 17 17
23 20 20
After series of backtesting, we have managed to find the best and highly recommended optimized
settings for EUR/USD, USD/JPY and EUR/GBP. Please go to 10pipspro.com and look out for
optimized settings for each currency pair.
StartHour and EndHour settings are different according to the pairs that you trade.
All these StartHour and EndHour settings had been optimized using FXDD broker MT4
Platform. If you are unsure about the time to key in for your broker, please consult us.
The optimized settings are as follow:
EUR/USD (1) EUR/USD (2) USD/JPY EUR/GBP
MagicNumber 111 111 444 666
Lots 1.0 1.0 1.0 1.0
StopLoss 154 200 69 161
TakeProfit 20 60 25 16
UseHourTrade True True True True
StartHour 5 16 7 12
EndHour 23 21 9 23
PercentRisk 5.0 5.0 5.0 2.5
OnlyOneOrderPerDay True True True True
The setting in EUR/USD (1) is recommended if you like to target 20 pips in a day
The setting in EUR/USD (2) means that trades can float longer days (can be 2 days or more)
The setting for this pair is the best among the 3 pairs because of smaller StopLoss value and if
you use moneymanagement with this pair, the profits can grow very fast.
The setting for this pair is the lowest risk among the 3 pairs because this pair is most
conservative and less volatile. The price movement can be so slow that one can fall asleep
We have not optimized for USD/CHF, GBP/USD, EUR/JPY. The 3 pairs above are good enough
to make you nice money and profits!
8. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
To allow autotrading by an expert advisor, click on the Expert Advisors button on the panels of
your preferred Metatrader4 Program.
If all is correctly setup, the right top corner of the M15 currency pairchart will appear the Expert
Advisor symbol with a smiley face as shown below.
If you did not enable the expert advisor, then you will see the symbol as shown below.
If you did not tick “Allow Live Trading”, then you will see “a sad face” symbol as shown
Voila! The 10pipspro v3 Expert Advisor is on autotrading mode and does not demand your
presence 24 hours per day again!
Make sure you computer is switched on and constantly connected to the Internet.
Enjoy your Trading!
9. 10pipspro v3 Installation Manual & Disclaimer Version 2.0
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and
Options trading has large potential rewards, but also large potential risk. You must be aware of
the risks and be willing to accept them in order to invest in the futures and options markets. Don't
trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell
futures or options. No representation is being made that any account will or is likely to achieve
profits or losses similar to those discussed on this web site. The past performance of any trading
system or methodology is not necessarily indicative of future results.
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.
No representation is being made that any account will or is likely to achieve profits or losses
similar to those shown. In fact, there are frequently sharp differences between hypothetical
performance results and the actual results subsequently achieved by any particular trading
program. Hypothetical trading does not involve financial risk, and no hypothetical trading record
can completely account for the impact of financial risk in actual trading.
All information on this manual is for educational purposes only and is not intended to provide
financial advise. Any statements about profits or income, expressed or implied, does not
represent a guarantee. Your actual trading may result in losses as no trading system is
guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to
hold FellowTraders and any authorized distributors of this information harmless in any and all
All rights reserved. The use of this manual constitutes acceptance of our user agreement.