ls double dragon ea installation guide

LS Double Dragon EA Installation Guide

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Ver. No. Ver. Date Revised By Description

1.20 March 19, 2017

Edward Khoo LS Double Dragon EA Installation Guide


1. Virtual Private Server (VPS) Set Up

We strongly recommended trader to rent a Virtual Private Server (VPS) to run the MT4

trading terminal attached with the auto-trading software (EA/Robot).

If you’ve signed-up with any Virtual Private Server (VPS), wait for the vendor’s email

containing the Remote Desktop Connection login Server IP, Username and Password

as shown below or similar:

Login to the server via Windows Accessories RDC (Remote Desktop Connection) –

mstsc.exe.

For Windows 10, you can get this RDC by accessing Start/All apps/ Windows

Accessories/Remote Desktop Connection. For convenience, create a short-cut on your

computer Taskbar by placing the mouse over "Remote Desktop Connection", right click

mouse and choose "more/pin to taskbar" or "create desktop shortcut.

Click on "Remote Desktop Connection" icon. Below window screen will appear. Click

"Show Options"

Enter details and tick "Allow me to save credentials", Click "Save", "Connect"


Enter password on next screen. Click "OK". Start accessing the VPS, on next screen tick on "Yes",

"Ok". When finished, login to the remote VPS computer screen.

2. Download LS Double Dragon EA software

From http://www.global3atm.com/products---.html, click on the button as shown to

download the EA and save on your VPS computer desktop. Unzip the File and you'll

find 3 folders: Experts, Libraries and Scripts, each containing some files.

If your Internet Explorer (IE) prevents you from downloading the Installer or any zipped files,

then at the IE browser, click Tools/SmartScreen filter, choose Turn off SmartScren Filter. And

you should be able to download the Installer program. As this file is more than 9 MB in size, so

be patient to wait for it to download completely before closing the IE.


3. Download MT4 Terminal Installers

- Within the VPS, download the MT4 Terminal Installer to the VPS Desktop from your

Broker website or from email sent by them. Save the Installer on the desktop.

You can also download from our website www.global3atm.com/ Products Section.

4. Install MT4 Trading Terminal

Look for the MT4 installer downloaded from step 3

<- Double click.

When below screen appears, Tick "Yes", Choose "Settings"

Enter additonal text or numbers such as "1234" at the end of the default Installation folder "C:\Program

Files (x86)\Starfish FX MT4" & Program group "Starfish FX MT4", Untick "Open MQL5.community

website"


Ensure to append suffix –x where x is anything, such as 1234 in the above example; this

nomenclature will enable easy management of multiple MT4 instances in future. Here enter –

1234 for the first installation. If second installation, just enter different number or character to

make it different from the previous installation.

<- Click “Next”.

Click “Finish” to exit MT4 installation. After a while, the Windows below appears. Click "Cancel".


Fill up the next Panel with your trading account ID and Password. Then click "Login".

If no Panel appeared, then go to MT4 Terminals


Fill up "Login" with your trading number and "Password" and change Server to starfishfx-Live.

An icon appeared on the Windows Desktop, change the Icon Name to by adding some

character or number at the end of the original name "Starfish FX MT4-1234"

5. Run MT4 and start the setup and configuration

Click on "File", "Login to Trade Account"


Choose "Tools", "Options", Go to Tab "Charts" tick box "Show period separators".

Go to "Trade" Tab, change "Deviation by default" to 10.

Go to "Expert Advisors" Tab and tick and untick as shown. Click "OK" to exit.

Close ALL charts on MT4, go to Top Left of MT4, click on "Create a new chart" button

and choose GBPUSD, a H1 chart to open it on the MT4 Terminal Desktop.


Expand the chart to full screen, click twice, click , click , Press ctrl key + G key.

Change time frame to H4.

Click template , "Save Template..." and enter word "Default", "Save" to exit.

Open one more trading account with the same broker and Install another MT4 Trading Terminal

set up as the above.


Download LS Double Dragon Supper EA from our website

http://www.global3atm.com/products---.html. Unzipped and Copy the

downloaded EA files as follows:

For each MT4 Terminal, Click "File", Choose "Open Data Folder",

Double click on "MQL4", there are 3 folders "Experts", "Libraries" & "Scripts"

6. Installation of LS Double Dragon EA

Make sure that your MT4 Trading number has been sent for our activation, otherwise

the EA will not work. Look for the downloaded unzipped LS Double Dragon EA folder as

explained earlier. There are three folders - "Experts", "Libraries" & "Scripts"

Copy all the Files in these three folders to the corresponding folders of the MT4

Terminals folders as shown in previous Section.

Close and re-open the MT4 Terminals, choose one GBPUSD H4 chart, go to left side of

MT4 Navigator / Expert Advisors folder to look for the "LS Double Dragon EA V1.20",

double click or click with left mouse and drag to the chart. Go to "Common" tab, choose

"Only Long", make sure that all the Ticks on the boxes are as shown.


Go to the "Input" Tab, change changes on those marked in Red according to the recommended

capital size and leave other inputs at default as follow:

Chart = Use GBPUSD H4 Chart, other pairs require different optimization settings

note1 = Unsuitale for trading on Metals Variable, Indices, Futures, Index pairs,

caution = Use broker with low spread & Low latency

startlotsrecommended = Max. startlots size: Capital of 10K=0.04;5K=0.02;3K=0.01

start_lots: 10K=0.04, 5K=0.02 and 3K=0.01.

multiplier = 1.5, is the multiple of lot size increase from 3rd order onwards. Don't recommend

vary too much.

grid_size = 40.0, is the distance to start entering the next order when price moved away from

the last position.

take_profit = 20.0, this is the Take Profit (TP) in pip. If there many positions opened, the EA will

calculate the combined 5pip Take Profit and place Pending TP in the broker trading server.

Normally all pending orders will be closed instantly when hit target.

useTrailStop = false, do not use trailing stop function unless you know what to do

trailStart = 20, trailing start when price move 20 pips in profit.

trailStep=5, trail in step of 5 pips.

maxlotsizenote1 = when startlots=0.01 use 0.11, 0.02 use 0.23; 0.03 use 0.34,

maxlotsizenote2 = 0.04 use 0.46, 0.05 use 0.57, 0.06 use 0.68, 0.08 use 0.91

max_lots = 0.11 (lot), this restrict the maximum lot size that a particular order can open. So if on

the 10th order the lot size should be 2 lots but the EA will enter at only 1.5 lots.

max_trades = 15, this is the maximum number of order that the EA is allowed to open in any

particular direction. Very seldom it'll hit that number but if in extreme cases when market moved

away from your favorable direction too much, and your Capital has sufficient Margin Level, can

increase to any numbers.


use_equity_stopout = false, the default is set at false. If set at "true" then when your floating

loss has hit the % specified in the next field, the EA will close all positions and start afresh.

equity_stopout = 25 (%), can enter any % according to trader risk appetite. When

"use_equity_stopout" is set to true and when price move to a position whereby your floating

loss has reached say 25%, then the EA will close all orders and start afresh. In that case your

new capital will be the amount after taking the losses.

magic = 7777, use 2 different values for Only Buy and Only Sell charts if two charts are in the

same account. If for different account, then no need to have different Magic number.

After all are set, click OK to close.

Similarly, on the second account MT4 Terminal, click and select the GBPUSD H4 chart and

attach the "LS Double Dragon EA V1.200" EA to the chart from Navigator / Experts Advisors

folder, this time at "Common" tab choose "Only Short", at the "Inputs" tab change the magic

number, the other settings at default.

If you see at the top right corner of the chart with a smiling

face, the EA is working properly.

If you see an error message below – it means that the LS Doubel Dragon EA has not been activated by

the Company. Contact LS Capital Pte Ltd for activation.

Once activated, just open the MT4 Terminal and open the charts as described before.

Once the EA is loaded properly, you’ll be able to see a Smiling Face on the EA.

Once everything has been set properly, just let it runs. You can close the Remote Desktop

Connection and return back to your own computer screen.

You can install other MT4 Terminals in any other computers and login with the same

account number and password for the purpose of observing the trading activities and

results, but you must not attach any more EA to other terminals.

It may take some times for the EA to trigger any orders, so be patient. If after 1 to 4 hours you

observe that there is no trading at all, then check the Journal and Expert tab for any error and

inform us immediately.

In order to ensure safer trading with the LS Double Dragon EA, we strongly advise that

for any new installation, whether for Beginner or Existing User, to send your VPS login

details to L.S. Capital Pte Ltd. for final checking before commencing of trading. It’ll take

less than 2 minutes for us to check through all your settings.


Monitoring Trading from your IPhone or Android Phone

You can monitor from your IPhone or Andriod Phone by installing their apps. Search for MT4

app. from your mobile app store and select to install.

Just follow the instruction after installation.

Copyright Notice:

The information contained herein are copyrighted, no part or whole of this Guide could be

copied or passed on to anybody without the consent of the author and L.S. Capital Pte Ltd.

Disclaimer:

Trading in any financial markets, including Forex, carries RISKS. The value of investments

could be increased or decreased. And the investors may lose their entire investments. The

content of this set up guide must not be construed a guarantee of trading success. You are

advised to read our Disclaimer Statement written on our Software (EA) Purchase Form before

making any decision to start trading. Please consult your financial advisors for further

information about forex trading if you are in doubts.

To your Trading Success!

L.S. Capital Pte Ltd

2017-03-19

ls double dragon ea installation guide

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