✎Saturday, 4 October 2014 | 03:19 | 1 Silence
LAB 2 - How To Set Up Insta Trader :
1. Once you open the Insta Trader application, click New Chart > Forex Major > GBPUSD. Then click Maximize button to wider the graph view. Click twice on Zoom In button as well to get clear view.
2. Click Candlesticks and Chart Shift. Next, right click on the graph and click Grid to hide it. We may change the graph colour by right click again and click Properties.
3. To make it easier to look, set Bar Up and Bull candle to Lime colour, Bar Down and Bear candle to Red colour. Then click OK.
4. Click Insert > Indicators > Trend > Moving Average.
5. Set Period to 9 and change colour Style to Aqua. Also set MA method to Exponential. Then click OK.
6. Repeat step 4, set Period to 26 and change colour Style to Red. Then click OK.
7. Click Insert > Indicators > Oscillators > MACD.
8. At Parameters tab, set Fast EMA to 12.
9. At Colors tab, set Main to Lime, Signal to Red.
10. Click Add button and set colour Style to White. Then click OK.
11. Now you have finished set up your Insta Trader. Lastly if you wish to save this set up, click Templates > Save Template...
12. Click New Order to start transaction.
13. If line 9/Aqua > line 26/Red, then Buy. If line 26/Red > line 9/Aqua, then Sell.
So, in this situation you have to Buy because line 26/Red is under line 9/Aqua.
14. Once you buy, a new order will appear on Trade tab. Click twice on the S/L section of the order to set stop loss and take profit. Based on Price on the left side of the S/L, plus the price to 20 on the Take Profit and minus the price to 60 on the Stop Loss.
15. Now, you have succeed to set up stop loss and take profit. So, it will automatically stop when the profit reach 20 or loss reach 60. You may click OK to close the confirmation window.
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✎Saturday, 4 October 2014 | 03:19 | 1 Sparkling
LAB 2 - How To Set Up Insta Trader :
1. Once you open the Insta Trader application, click New Chart > Forex Major > GBPUSD. Then click Maximize button to wider the graph view. Click twice on Zoom In button as well to get clear view.
2. Click Candlesticks and Chart Shift. Next, right click on the graph and click Grid to hide it. We may change the graph colour by right click again and click Properties.
3. To make it easier to look, set Bar Up and Bull candle to Lime colour, Bar Down and Bear candle to Red colour. Then click OK.
4. Click Insert > Indicators > Trend > Moving Average.
5. Set Period to 9 and change colour Style to Aqua. Also set MA method to Exponential. Then click OK.
6. Repeat step 4, set Period to 26 and change colour Style to Red. Then click OK.
7. Click Insert > Indicators > Oscillators > MACD.
8. At Parameters tab, set Fast EMA to 12.
9. At Colors tab, set Main to Lime, Signal to Red.
10. Click Add button and set colour Style to White. Then click OK.
11. Now you have finished set up your Insta Trader. Lastly if you wish to save this set up, click Templates > Save Template...
12. Click New Order to start transaction.
13. If line 9/Aqua > line 26/Red, then Buy. If line 26/Red > line 9/Aqua, then Sell.
So, in this situation you have to Buy because line 26/Red is under line 9/Aqua.
14. Once you buy, a new order will appear on Trade tab. Click twice on the S/L section of the order to set stop loss and take profit. Based on Price on the left side of the S/L, plus the price to 20 on the Take Profit and minus the price to 60 on the Stop Loss.
15. Now, you have succeed to set up stop loss and take profit. So, it will automatically stop when the profit reach 20 or loss reach 60. You may click OK to close the confirmation window.
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