INFINITYXO SETUP
Please use this page to setup the product InfinityXO if you purchased from MQL store. This product: https://www.mql5.com/en/market/product/82096
The instructions are fairly straightforward and in case you need help use messenger on the MQL chat.
Instructions for MT4 and MT5 are the same, albeit different EA.
Running InfinityXO: Run on Individual Charts. 1 X DAX X 15Min & 2 X DOW30 X 15Min
How to install EA to your MT4 folder here: https://www.youtube.com/watch?v=xAfN-NO7VE8
or MQL5 version: https://www.mql5.com/en/blogs/post/742670
Please open 1 charts of Dax40 and make them timeframe 15Min (Can also be called DE30/GER30/DE40 and so on)
Please open 2 charts of Dow30 and make them timeframe 15Min (Can also be called US30, DOW, DJ30)
The settings below are for GMT+2 broker (who become +3GMT in summer) this covers around 90% of Global broker server on MT4/5. If your broker is not GMT+2, revert to support for advice.
MAKE SURE magic numbers are DIFFERENT on each chart, (if you use set files they will be different anyway)
Always, the DAX chart 1 should starthour be the actual start of the 9am CET DAX open. (this is 10:00 on GMT2 broker and 08:00 in GMT0 zero broker)
Infinity does not use increase lot size, so it be set to 1. Adjust lot size and max lot size to suit.
DAX40 - 1 charts X 15 M (or 30M its immaterial)
Attach EA and load setfiles.
Should be like this for DAX
All user has to do, is enter the lot size they want EA to trade after they load the proper set file.
DOW30 - 2 charts X 15M (must be 15 Minutes chart)
Attach EA and load setfiles. Should be like this for charts 1 , 2 of the DOW30.
Again , insert license key and change to desired lot.
Risk/Lot Sizing:
Each signal uses a 25 point stop loss, so assuming broker is 1,0 lot = 1.0 euro/1USD per point, a loss would be -€25 or -$25 in the DowJones trade. So on a $1000 account using 2.0 lots is -5% risk per trade. Make sure you know full well the lot sizes of your broker, as sometimes 1.0 lot can 10.0 per point or even $25 a point. Right click the symbol properties in the MT4 Marketwatch and you will see contract specification., and contract size.
So, thats it, its quite straightforward and you will have 4 charts running when you completed.
As I mentioned above, this is for GMT2 brokers. This covers almost all brokers. However some brokers like Exness and a few others use GMT0, we will provide the set files for them, but all the time values will be 2 hours less than above.
Another thing to watch is 5 or 6 digit brokers, again like exness whose DAX quote looks like 14333.0, whereas these sets are designed for 7 digit quotes.
However, we have all necessary sets, contact us always and use demo at the start to get the EA dialled into your broker!!
Any questions, please email me, or chat below.
Claire Hancock
Client Relations.
AlnoTrade Intelligent Trading Systems
