Hello Jon,
It’s good to go through all risk management settings and set
up the max limit of trades and the max risk. Also, depending
on how many trades you want to take per signal, you can
enable the inputs “Trade TP2 Price” to
“Trade TP5 Price”. There is a pdf file included
in the download that explains each input if you’re
interested.
“Custom Symbols Settings” is used for symbols
that can have multiple names, for example the signal
provider can say “GOLD”, but MT4 has that symbol
as “XAUUSD”. Here’s the explanation:
- Custom symbol name- Symbol’s name in the signal
(GOLD)
- Use as symbol - Symbol’s name in MetaTrader
(XAUUSD)
- Lot size - Custom lot to be used with this
symbol
- Pip value - Custom pip value for price
calculation (if set to 0.1, 100 pips would mean 10.0)
Let me know if you have any questions