On this page you can get step by step instructions on how to install and configure Swing Trade Bot.
If you don’t have an archiver on your PC, you can unpack the archive with the product using this free program – 7zip.
Next, repeat the step-by-step installation shown in the video below:
Zoom out each quote chart window you have open to the minimum. This MUST be done in order for the indicators (which the expert advisor uses) to work correctly:
Money Management
By default, Swing Trade Bot comes preset for automated money management. These default configurations are tailored for trading with the lowest risk possible.
Therefore, if your goal is to trade with the lowest possible trading drawdown (not exceeding 5% of the maximum trading drawdown), then it's advisable to stick with the default money management settings. Such configurations are ideally suited for those participating in Prop Firm challenges and for capital management scenarios where traders face stringent conditions concerning the maximum trading drawdown, typically capped at 5% max D.D.
For those aiming to take part in Prop Firm challenges and capital management, especially under the constraint of a 5% maximum drawdown limit, we recommend employing the “Swing Trading System” strategy, which entails conducting no more than one trade at a time. Should the maximum trading drawdown parameter not be a constraint for you, adjustments can be made to the risk level within the advisor settings.
Navigate to the manual settings of the trading bot on each currency pair window and adjust the "N deposit units to increase" setting to either "1000" or "500".
