User’s Guide for

FiboActiveBot
M30 Time Frame

for auto & manual trading

www.eliteit4u.com
1. Installation and Setup. MetaTrader 4 Client Terminal
2.
VIDEO GUIDE: https://youtu.be/EbZSE6Nh3Ig

After you downloaded this package and got ex.4 files for installation, please
follow next steps. Open your MetaTrader4 and follow this path to the folder:
MT4 > File > OpendDataFolder > MQL4

LET ME HELP YOU TO FIND THIS NEW FOLDER:

Start MetaTrader4. Select File in the menu, Open Data Folder.

Open MQL4 folder – check the picture in the middle. We need Experts folder
inside of MQL4 folder.

Copy and paste ex.4 file inside Experts folder. Now RESTART MetaTrader4.

The file will appear under Navigator list. The

Navigator panel displays accounts, indicators,
expert advisors and scripts available. If you
followed the simple instruction above, you should
see Robot in Experts.
If you don’t see it there, please make sure you have placed the file in the
correct folder, as described.

Relaunch MetaTrader 4 and check it once again.

If it is still not listed there, contact our technical support by sending an email to:
denmurakami@gmail.com
 2. Open ANY CHART, set M30 timeframe.

A window with the settings appears. Open Common settings and enable Live Trading and
DLL imports. It is required for Auto Trade option. Please, make all the settings in the
“Common” tab the same as below.

In the “Inputs” tab, you’ll find the next parameters of the robot:

 Lot: lot size volume

 Lot2X: increase lot 2 times after loss trade
 Filter: kind of trend filter to reduce false signals if needed. Activated as soon as TRUE.
 OnAlert: sound alerts
 TakeProfit: fixed take profit value of the order
 StopLoss: initial stop loss value of the order
 FiboTP - by using this option your Take Profit will be different for each order and based on
Fibonacci levels.
 TrailingSL -make it true if you want to trail your Stop Loss level and fix possible profit
 TrailingSLStart - trailing Start point
 TrailingSLLevel - trailing distance between price and SL
Easy to use: if you have TSL Start on 9, TSL Level 6 - it means that at +15 Pips (Start +
Level) your SL moves to +9 Pips and follow the price on 6 Pips distance... trail SL each 2
Pips.

Click OK
 NEWS - BE CAREFUL
Nowadays there are lots of web resources that offer news on upcoming
economic events. You know how strong a news impact can be. It can ruin
any order or bring a sudden luck. But we do not recommend taking such
risks unless you are a devoted news-trader. It is better to skip high-impact
news, so please follow economic calendar! You can find it here
http://eliteit4u.com/online.htm

Money Management
Money Management in a single rule: Risk >>> Stop Loss >>> Lot size.
Risk 1-3% of your deposit per trade. Decide on a risk and based on price
action, set a Stop Loss. Now, calculate your Lot size volume that would match
with your risk.
For example: your stop loss is 10 pips, and your equity is 10,000$. You wish
to risk 2% of your equity in this trade, so you enter trade with 2 lots – so your
risk is 200$, or 2%.

COPYRIGHT
This software is copyrighted and may not be re-written or published without the author's consent.
The use of books and software is only allowed for personal use. Distribution of copies is not legal
and is protected by international copyright law.
Copyright © 2019. All rights reserved
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