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Dynamic Pro Scalper

User Guide

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Content

1. Introduction …………………………………………………………… 3
2. Installation …………………………………………………………… 4
3. Additional Trades System …………………………………… 8
4. MAC Version ..……………………………………………………… 12
5. Settings ………………………………………………………………… 14
6. Terms of Use and Risk Disclosure .......……..………… 19

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Introduction

Dynamic Pro Scalper is one of the best Asian scalper on the market.
It is completely automated trading system developed for the
MetaTrader 4 trading terminal.

Dynamic Pro Scalper support 9 (nine) currency pairs. They are:


GBPUSD, USDJPY, GBPCHF, GBPCAD, EURGBP, EURCAD,
EURCHF, USDCAD and USDCHF.

With Dynamic Pro Scalper you can increase your trading income.
The robot has a unique and high-efficient trading strategy. Dynamic
Pro Scalper is compatible with all type of MT4 brokers - ECN, NDD
and STP. Dynamic Pro Scalper is a forex robot which has dynamic
volatility entry and exit levels

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Installation

Before installing Dynamic Pro Scalper, you will need to open an


account at some brokerage. There are plenty of good brokers that
offer good spreads and attractive bonus system – the broker
selection is a matter of personal preference in most cases. For your
convenience, we will share briefly a few good brokers: ICMarkets,
Alpari, FXPro, Pepperstone, etc. We do not oblige you in any to
choose any of the aforementioned brokers! We just give examples
to those traders who don’t have any experience with brokers yet.
Don’t forget – the broker selection is a personal choice.

After you open an account at a broker, you will have to install its
Metatrader 4 (MT4) platform to your personal computer or VPS.
99% of the brokers provide a MT4 terminal for trading. If your
broker does not, then choose another one. Dynamic Pro Scalper is
compatible ONLY with MT4 terminal platforms!

Once you are done with this, you are one step away from installing
the expert advisor (EA) to the MT4. Here the necessary steps for
completing this:

 Close your MT4 terminal, if it is running.


 Download “DynamicProScalper_v5.0_Installer.exe” from the
member area.
 Follow the installation steps by clicking “Next” until all steps are
completed.
 Start your MT4 terminal.

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Once you complete the aforementioned steps, you will need to set
up your MT4 terminal. Before attaching the EA to any chart, always
make sure your MT4 Options are like on the picture below:

Once you apply this, you are ready to attach Dynamic Pro Scalper to
a MT4 chart.

Use Dynamic Pro Scalper only on the following pairs: GBPUSD,


USDJPY, GBPCHF, GBPCAD, EURGBP, EURCAD, EURCHF,
USDCAD and USDCHF.

Use Dynamic Pro Scalper only on M15 time frame!

You are almost ready! Next you will have to enter your activation
code in the EA’s Properties. You can find your activation code in the
member area of our website (the Account page) here:

http://www. automatedforextools.com/account

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IMPORTANT: Each of the products you have has its own unique
activation code which is valid exactly 6 months for demo licenses
and 12 months for paid licenses. Once this code expires, you will
have to renew it – otherwise, you will not be able to use the EA!
This is completely FREE of charge! Here is how your Dynamic
Pro Scalper profile looks like in the member area after your
activation code expires:

After you click on the “Generate code” button, you will see this:

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Your new code will be “xxxxxxxxxx” (this is just an example code).
Now when you have the new code, you have to enter it in the EA’s
Properties, more precisely, the “activation_code” parameter. This is
the only way to continue using the EA after your old code expires!
The new code will be valid for another 30 days. After this, you have
to repeat the steps.

IMPORTANT: Do not share your code with anyone else! An


activation code may be bond to only one account. Our security
system tracks this! If a suspicious activity occurs, the tracking
system may block your activation code or even suspend your
license!

Now after you have the EA activated, you can watch it trade for you.
Once you attach it to a chart in a specific account for the first time,
our system will log your account number and “remember” it. Since
you have a restriction on the number of accounts used, you may
want to change your account at some point. You can do this in the
member area, more precisely, in the section below:

If you want to use the EA on another account, you will have to


delete your older one first before installing the EA on another MT4
account.

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Additional Trades System

The new version of Dynamic Pro Scalper comes with Additional Trades System.
This system dramatically improves Dynamic Pro Scalper performance and
makes it less broker dependent.

When Additional Trades System is enabled the robot opens additional trades
when the initial trade is negative. The additional trades are in the same
direction as the initial one. This let Dynamic Pro Scalper to close the trades
quickly and always on profit.

Additional Trades System is disabled by default. When enabled it will use our
best optimization for each supported pairs. Of course it can be configured
precisely from the users.

The advantage of the Additional Trades System is that when it is enabled


Dynamic Pro Scalper becomes less broker dependent. You know that during
Asian session most of the brokers increase dramatically the spreads. High
spreads means poor results. Therefore, we have developed this Additional
Trades Systems. It will let you make profits even in bad market conditions.

IMPORTANT: Not all supported pairs are good for trading with the Additional
Trades System. We have done our best to optimize the Additional Trades
System settings for each supported pairs but as we said not all are good.
Therefore, it is your duty to check which pairs are best if you want to enable the
Additional Trades System.

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How to use the Additional Trades System?
The Additional Trades System is very flexible. It can be configured and adapted
to different scenarios. It can work as:

1. Simple Grid
2. Grid & Martingale
3. Recovery System

We will try to explain in details how you can use this advanced system in all
possible ways.

1. Additional Trades System as a Simple Grid

Simple Grid means additional trades opened with X pips distance and same lot
size. Usually forex robots open an additional trade when the initial or previous
additional trade is negative. Grid based robots close the trades when total profit
is equal to Y pips.

By default, the Additional Trades System of Dynamic Pro Scalper is a simple


grid. But it is disabled. In order to enable this system, you have to set
Additional_Trades=true. Dynamic Pro Scalper will care for the rest.

To configure the distance between the additional trades you have to change the
value of the parameter Add_Trades_Distance. Its value must be in pips. But
have in mind that it is not the only condition to open the additional trades. We
have added a second condition by special indicator. To enable and disable this
second condition use the parameter Open_Add_By_Signal.

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NOTE: For some currency pairs enabling or disabling the second condition
(Open_Add_By_Signal) could be better. You may test both variants before to
set any value.

By default, the lot size for the additional trades will same as the initial trade.
For simple grid you don't need to make changes in the lot size. However, in any
case you can control this by the parameter Add_Trades_Lots_Multiplier. If you
increase its value the lot size for the additional trades will be higher than the
initial trade and vice versa.

2. Additional Trades System as a Grid & Martingale

The difference between Simple Grid and Grid & Martingale is only in the lot size
of the additional trades. While in the Simple Grid all additional trades have
same lot size in Grid & Martingale every next additional trade has bigger and
bigger lot size. This can be controlled by two parameters:

 Add_Trades_Lots_Multiplier: With this parameter's value you control


the lot size of the additional trades. The parameter is a multiplier which
means that the lot size of the previous trade will be multiplied with this
value in order to get the lot size for the next additional trade.
 Add_Trades_Martingale: Set TRUE in order to make Dynamic Pro
Scalper Grid & Martingale. When it is TRUE every additional trade will
have bigger and bigger lot size calculated by the multiplier
Add_Trades_Lots_Multiplier.

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It is very complex to calculate the Take Profit value when the Martingale is
enabled. Therefore, we suggest to use the parameter
Take_Profit_Money_With_Adds. Instead using Take Profit in pips we
recommend using Take Profit in money (your account base currency). This way
it will be better and the trades will be closed quickly in profit equal to
Take_Profit_Money_With_Adds value.

3. Additional Trades System as a Recovery System

Additional Trades System could be used as a Recovery System with one single
recovery trade with higher lot size (risk). We have made some tests on the
supported pairs and this work perfectly. The idea is: instead to open several
additional trades to open one single trade with high risk and when the total
profit of the initial trade and the recovery trade is equal or greater than
Take_Profit_Money_With_Adds value to close the trades.

For the Recovery System it is very important to set correctly the distance
between the initial trade and the recovery trade. We also recommend to set
small value for parameter Take_Profit_Money_With_Adds. This will let Dynamic
Pro Scalper to close the trades quickly.

Pay attention also to Add_Trades_Signal_Period prameter. Higher period (time


frame) means more accurate results.

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MAC Version

Dynamic Pro Scalper is compatible with MAC and Windows OS based computers.
There are two different versions of the forex robot available in the member area
for downloading.

If your computer's operating system is different than Windows OS, then you
have to download the MAC version. The Mac version of Dynamic Pro Scalper
practically can be used on any operating system (Windows, Mac, Linux).

The MAC version uses different way for connecting to our server. Therefore, you
have to add our website address http://www.automatedforextools.com in “Allow
WebRequest for listed URL” list. You can find the here:

MT4 -> Tools -> Options -> Expert Advisors

Please check below images

If our website address is not added in the above list, the authentication process
will not pass and the robot will not work!

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Instructions for installing the MAC version

By clicking the “Download MAC version” button in the member area you will
download an archive which contains 2 files:

- One .ex4 file DynamicProScalper_5.0_MAC.ex4 It must be placed in the


"Terminal Data Folder\MQL4\ Experts " folder

- A screenshot with MT4 terminal options. Make sure that your MT4
terminal options are same. Add our website address in the "Allow WebRequest
for listed URL" exactly as pointed in the screenshot.

NOTE: To find the Terminal Data Folder go to MT4 terminal "Menu -> File ->
Open Data Folder"!

In case that you have any difficulties to install the robot on MAC computer or
you have a question contact us by creating a support ticket.

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Settings

Dynamic Pro Scalper is developed for the GBPUSD, USDJPY,


GBPCHF, GBPCAD, EURGBP, EURCAD, EURCHF, USDCAD and
USDCHF currency pair. Optimized settings for each supported
currency pair are integrated inside of the robot. When the robot is
attached to one of the supported charts the optimized settings for
this chart will be loaded automatically. Therefore, some of the
parameters of Dynamic Pro Scalper have values 0 (zero). This
means that optimized values will be loaded automatically according
to the currency pair.

The settings of Dynamic Pro Scalper


activation_code – this is the most important parameter to make “Dynamic Pro
Scalper” working. You have to set here your own activation code for this
product. If you don’t know it, check it out in the member area.

*** General settings ***


Allow_BUY – When this parameter is TRUE the robot will open BUY trades.
When this parameter is FALSE the robot will not open any BUY trades.

Allow_SELL – When this parameter is TRUE the robot will open SELL trades.
When this parameter is FALSE the robot will not open any SELL trades.

MagicNumber – make certain that all magic numbers of all your EA are
different. This is extremely important for the correct and safe functioning of the
expert advisors in the MT4 terminal.

Auto_GMT - change to false only if you want to use the Manual_GMT_Offset in


your live trading. In this case, please ensure that you have used the correct
Manual_GMT_Offset for your broker.

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Calculate_DST - if your broker switches the server time between winter and
summer Daylight Saving Time (DST), set Calculate_DST =true.

Manual_GMT_Offset - In back-test mode, please ensure that you have used


the correct GMT offset for your broker. Otherwise, your back-tests will be
incorrect.

Recovery – When the Recovery option is activated the robot will start to
compensate all previous losses with very smart algorithm. This option works in
combination with Auto_Risk – it must be activated also.

Auto_Risk - automatic risk management activates at values greater than zero.


Example: At Auto_Risk = 10, the EA opens positions equal to 0.1 lots for $1000
account free margin.

Auto_Risk_Max – The maximum risk permitted in the account during trading.


This option limits the risk when the Recovery is activated.

Lots – fixed trading volume. If Auto_Risk>0, the Lots parameter will be


deactivated.

Slipage - maximum allowed slippage in standard pips.

Max_Spread - maximum allowed spread in standard pips.

Stop_Loss – stop loss value in standard pips.

Take_Profit – take profit value in standard pips.

TradesComment – The value of this option will be used as a comment during


opening of trades.

HiddenMode – When this parameter is TRUE the robot will not set any Stop
Loss and Take Profit to open trades. The SL and TP will be hidden for the
broker. This parameter can be used only if you are sure that your broker is not
fair with you.

Close_On_Profit – When this parameter is TRUE the robot will close open
trades only on profit or when the price hits the stop loss value.

*** Strategy settings ***


Trading_Hours – best hours when Dynamic Pro Scalper shows best results.
Dynamic Pro Scalper is an Asian session scalper and therefore the trading hours
are limited. By default, this parameter has value “default”. This means that the
robot will use best optimized hours for the supported currency pairs. The value
of this parameter is visible over the information box.

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Channel_Period – the period of the main indicator.

Exit_Distance – a break in pips that triggers a positions closing.

Entry_Break - a break in pips that triggers a positions opening.

Min_Volatility - minimum market volatility.

Exit_Profit_Pips – a minimum profit (loss for a negative value) on which the


position will be closed from the main exit logic.

Reverse_Profit – a minimum profit on which the position will be closed, if a


market reverse is detected.

Exit_Minutes – when this amount of minutes exceeds the position will be


close, if the current profit is greater or equal to the Time_Profit_Pips parameter.

Time_Profit_Pips – a profit in pips (loss for a negative value) on which the


position will be closed when the position live in minutes is greater than the
Exit_Minutes parameter.

*** Monday - Friday settings ***


Monday_Start_Hour – with this parameter you can control when the robot to
start trading on Monday morning. By default, it will start at 00:00 am. If you
want to stop trading on Monday morning, then you have to set a valid hour for
example Monday_Start_Hour=5 – the robot will not trade before 05:00 am on
Monday morning.

Friday_Stop_Hour – with this parameter you can control when the robot to
stop trading on Friday. By default, this parameter has 24 as a value. This
means that the robot will trade to the end of Friday. For example, if you set
Friday_Stop_Hour=20 – this means that the robot will stop trading at 20:00 pm
on Friday and will not open any new trades until the end of the day.

Friday_Close_Trades_Hour – with this parameter you can set the robot to


close all open trades at a specific time on Friday. For example, if you set
Friday_Close_trades_Hour=22 – this means that the robot will close all open
trades at and after 22:00 pm on Friday. This parameter has 24 as a value by
default. This means that it will not close the open trades at all. All open trades
will remain over the weekend.

*** Additional trades settings ***

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Additional_Trades - When this parameter is TRUE the robot will open
additional trades when the initial trade is negative. The additional trades are in
the same direction as the initial one. This let Dynamic Pro Scalper to close the
trades quickly and always on profit.

Max_Add_Trades – Maximum number of additional trades which the robot


may open.

Add_Trades_Distance – Minimum distance between the additional trades in


pips.

Open_Add_By_Signal – This parameter has 3 possible values: YES, NO and


DEFAULT. When its value is YES, the additional trades will be opened only by
signal generated by special indicators, mathematical calculations and the value
of the parameter Add_Trades_Distance. If its value is NO, then the robot will
check only the parameter Add_Trades_Distance value. If its value is DEFAULT,
then the most optimized value for the current currency pair will be used.

Add_Trades_Signal_Period – The period of the main indicator used in


Additional Trades System when taking decision to open an additional trade or
not to open. The robot will use this value only when Open_Add_By_Signal is
YES.

Add_Trades_Lots_Multiplier – This parameter controls the lot size of the


additional trades. By default, the lot size is equal to the initial trade lot size
(Add_Trades_Lots_Multiplier=1). If the value of this parameter is lower than 1
then the additional trades will be opened with lower lot size than the initial
trade. If the value is greater than 1 then the additional trades will be opened
with greater lot size than the initial trade. Add_Trades_Lots_Multiplier is a
multiplier and you can easily calculate the additional trades lot size. For
example, if the initial trade lot size is 0.1 lot and you set
Add_Trades_Lots_Multiplier=1.5 then additional trades lot size will be: 0.1 x 1.5
= 0.15 lots

Add_Trades_Martingale - Set TRUE in order to make Dynamic Pro Scalper


Martingale strategy. When it is TRUE every additional trade will have bigger and
bigger lot size calculated by the multiplier Add_Trades_Lots_Multiplier.

Take_Profit_With_Adds – Take Profit value in pips when there are opened


additional trades. When the total profit of initial trade and the additional trades
is greater or equal to Take_Profit_With_Adds value the robot will close all
opened trades.

Take_Profit_Money_With_Adds – Take Profit value in money (usually your


account base currency). This parameter is very useful in case that you have set
Add_Trades_Lots_Multiplier greater than 1. This means that the additional

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trades will be with greater lot size than initial trade. In such cases it is better to
use take profit in money instead pips. It is easier to recover and the trades will
be closed quickly.

Stop_Loss_With_Adds – Stop Loss value in pips when there are opened


additional trades. When the total loss of initial trade and the additional trades is
greater or equal to Stop_Loss_With_Adds value the robot will close all
opened trades.

NOTE: Some of the parameters of Additional Trades Systems have


default value 0 (zero). This means that the most optimized values for
the currency pair will be used. These values are integrated inside of the
robot!

*** Notification settings ***


Email_Notification – When its value is TRUE the email notification will be
enabled. In order to use properly this type of notification you have to configure
your MT4 terminal Email configurations correctly. You can find them in:

MT4->Tools->Options->Email

Mobile_Push_Notification – When its value is TRUE Mobile PUSH notification


will be enabled. In order to use properly this type of notification you have to do:

- Set Mobile_Push_Notification=true
- Enable mobile push notifications in MT4->Tools->Options->Notifications
- Enter you Metaquotes ID in MT4->Tools->Options->Notifications

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Terms of Use and Risk Disclosure

U.S. GOVERNMENT REQUIRED DISCLAIMER

FOREX 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 FOREX markets. Don’t trade
with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell
currencies, 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.

Trading foreign exchange on margin carries a high level of risk and is not suitable for all
investors. The high degree of leverage can work against you. As with all investments, you
should not invest money that you cannot afford to lose. Before deciding to invest in foreign
exchange, you must carefully consider your investment objectives, level of experience, and risk
appetite. Additionally, you must be aware of all the risks associated with foreign exchange
trading and seek advice from an independent financial advisor. Past results are not necessarily
indicative of future success.

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.

By using Dynamic Pro Scalper, or any other product of this website, you acknowledge that
you are familiar with these risks and that you are solely responsible for the outcomes of your
decisions. We accept no liability whatsoever for any direct or consequential loss arising from
the use of this product. It's to be noted carefully in this respect, that past results are not
necessarily indicative of future performance.

Your purchase or testing of Dynamic Pro Scalper serves as your acknowledgement and
representation that you have read and understand these TERMS OF USE and that you agree to
be bound by such TERMS OF USE ("License Agreement").

Copyright Information

REPRODUCTION AND OR TRANSLATION OF ANY PART OF THIS WORK BY ANY MEANS


ELECTRONIC OR MECHANICAL INCLUDING PHOTOCOPYING BEYOND THAT PERMITTED BY
COPYRIGHT LAW WITHOUT THE PRIOR WRITTEN PERMISSION OF THE PUBLISHER IS
UNLAWFUL.

Copyright © 2015 – Automated Forex Tools, www. automatedforextools.com - All Rights


Reserved

Author: Automated Forex Tools Team

Website: www. automatedforextools.com

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