Raingull© FOREX Automated Trading
Software FAQ
Frequently Asked Questions
 For
Raingull© V5 EA Robot:
What are the
best pairs to trade?
What is the best timeframe to use?
What does the term mean in your
EA: "Nature Of Market"?
What is the term meaning in
this robot: "Recessive Hedge"?
Can I use this EA in multiple accounts?
Can I run this EA in different charts?
How to install and use this EA?
Do I need to let my computer run
for 24 hours a day?
How to set parameters in the "Inputs" tab?
What is the best setting?
How to use RSS Feed service to
get the newest settings?
Can I change settings during the EA is
working?
Can I stop the EA and manually exit a
position?
I found that your EA is not good in
back testing, why?
If this EA is making money for you, why are
you selling your secret weapon?
I have installed your robot for one day, but it is not trading
yet, what is wrong?
How to remove this EA?
Why don't you answer my query
E-mail?
 For
Raingull© AutoTS EA Robot:
Why do I need AutoTS?
What does this EA can do?
How to install this robot?
How to set the EA robot?
Why sometimes this EA can
not take profit?
Why can't this
Raingull© AutoTS open trades?
Why can't this EA close all orders while "off quotes"?
Where to download AutoTS, is that free?
 For
Raingull©
Spectrum Indicator:
How to install this indicator?
How to read the Spectrum chart?
Can I trade by this indicator only?
I am using other Raingull EA robots, do I
need to install this indicator too?
Where can I download the indicator, is that free?
 For
Raingull© Telemetry Signal:
What can the Telemetry do?
How to
use your RSS feed service?
How to control S/L (Stop Loss) when we use Raingull© Telemetry?
How
long will a signal be valid?
How to set up
this signal generator? Is that free?
What are the best pairs to trade?
There are two Raingull© V5 EA Robots presently. The Raingull© V5-EU-A works
for EUR/USD only, and the Raingull© V5-AU-A works for AUD/USD only.
What is the best timeframe to use?
M5, M15, M30 and H1 will be proper timeframes. We prefer M5 and M30.
What
does the term mean in your EA: "Nature Of Market"?
The "Nature Of Market" is one of Raingull EA Robot's bases. The term "Nature
Of Market" means "Inertia" in here. In Physics, Sir Isaac Newton said: "An object at rest tends
to stay at rest and that an object in uniform motion tends to stay in uniform motion unless
acted upon by a net external force." It is his First Law of Motion (also known as the Law of
Inertia). Well, we guess Newton discovered the "Nature of the Universe" and he also revealed the
"Nature of the Forex Market" undesignedly:).
Every day, during the late America session and early Asia session, the Forex market is in a kind
of period of relative stability, like Newton said: "staying at rest". And it will "tend to stay
at rest" until the late Asia session and early Europe session. When European in mainland start
to work, news comes one by one, the "external force" comes likewise. While British join in, more
"external force" comes. All these forces will push the market out of rest. Then the Forex goes
"in motion and tends to stay in motion", through America session. Inertia is nature of
everything, it rules Forex too. Once Forex market is in "motion", it is not easy to stop.
So, Raingull© V5 EA Robot is looking for the "Break-Out" point between "rest" and "motion". It
monitors the market while most of currency pairs are sleepy, and keeps probing the "external
force". We all know Forex market is huge and vast, its "Inertia" is huge likewise. Just like a
train, a train is big and heavy, its power is strong. Once a train moves, it must go ahead on
the track until another stronger force brakes it. Raingull© V5 Automatic Trading Robot is not
aboard before the train moving. It steers clear of Forex market's rest session to screen out
noise signals.
What
is the term meaning in this robot: "Recessive Hedge"?
“Recessive Hedge” will help Raingull© V5 Automated Trading EA Robot to decide the direction. We
have known that Forex market will be in "motion" during Europe and America sessions, but which
way will it move? Once Raingull© V5 probes that some kind of "external force" comes, it will set
two virtual orders inside the program, two invisible hedging orders. Till one of them shows that
it is stronger than another, the direction is clear. Now the Raingull© V5 Robot knows where to
fly (long or short? buy or sell?), then turns these two "Recessive Hedge" orders into one single
real live position. This feature will screen out fake signals quite a bit. Further more, it
saves a bit spread costs than a real hedge trade.
Can I use this EA in multiple accounts?
The Raingull© V5 is designed to run on one broker account only. If you want it running on multiple accounts
simultaneously, please install multiple MT4 software copies in different folders. Please do not
change accounts in broker's MT4 software while the Raingull© V5 is active as unpredictable results
could occur. If you want to look at other accounts, please disable the "Expert Advisors" button
on MT4 toolbars temporarily.
Can I run this EA in different charts?
The Raingull© V5-EU-A works for EUR/USD only, and the Raingull© V5-AU-A works
for AUD/USD only. These two EA Robots can run (or we can say "fly":)) on EUR/USD and
AUD/USD charts simultaneously.
How to install and use this EA?
To automate MT4, place the Raingull© V5 EA file (for example: Raingull
V5-EU-A.EX4) in the "experts" folder while MT4 is not running.
Start MT4. The Raingull© V5 EA Robot will appear in the navigator window
on the left under "Expert Advisors". Drag and drop the icon of the EA to the chart you want to
run it on (Be careful, Raingull© V5-EU-A works for EUR/USD only, and Raingull© V5-AU-A works for
AUD/USD only). This will result in a pop-up box that will allow you to enter any external variables
that may be needed on the "Inputs" tab. Before entering values, please check on "Allow live
trading" under the 'Common' tab. To enter values on the "Inputs" tab, please
double click the current value, enter or select the new value and then press the "Enter" on your
keyboard.
Numeric values must be sensible, do not contain commas or symbols. Some
external variables can not be set as decimal fraction, they must be set as integers.
The "Save" button allows users to
save their preferred settings with a file name of their choice for future use. Users can then reset the EA to
those values by loading that file, just click the "Load" button.
Click "OK" button to active the Raingull© V5 with your chosen settings.
There may be a delay of up to a few minutes caused by data feeding and
refreshing.
If everything was done right, there will be a tiny smiley face at the top right corner of the
chart (next to the name of the Raingull© V5). Besides, the chart will also show a summary of your
position at the top left corner. Well done! This EA is now up and running and the Raingull© V5 is
flying.
If there is no little face but a "X" at the top right corner of the chart,
it means the EA is not active. Please click the "Expert Advisors" button on MT4 toolbars (turn
it from red to green) to active the EA.
NOTE:
Make sure that you never deleted any indictor from MT4. If you did,
please download the newest edition MT4 again and reinstall it.
If the little face is not smiling, (if it has a frown) it means you did not check the "Allow
live trading" check box when you attached the EA robot to the chart. To fix this simply click the little
face, or press F7 on computer keyboard, or right-click anywhere on the chart and select "Expert
Advisors" from the drop down menu and then "Properties". On the "Common" tab, click to allow live trading and click "OK" button.
Smile!
By all means, users MUST forward test this EA carefully and thoroughly on a
DEMO account before using it in a live account. If you can not handle and control this EA
masterly and confidently in your certain broker's demo account yet, DO NOT rush headlong into
live trading! That could cause big loss.
Do I need to let my computer run for 24 hours a day?
Yes, if you can. The EA remains active on the chart while it monitors your position,
exits with your profit target, and reenters again when entry signals are triggered. Your
computer and MT4 software must be running for all of this to occur. If the EA is stopped, or
your computer is downed, or Internet connection fails for a while, then everything resumes again, the
Raingull© V5 can pick up where it left off and resume trading automatically.
How to set parameters in the "Inputs" tab?
Password (no need for Demo EA): Paste the
password provided individually for your account. Replace it with a new one each payment period.
The encoded Password contains account number, name, and expiry date, etc..
OrderModifyDiffer: Before this setting, Press
F9, or click "New Order" button on MT4 toolbars. On the pop-up "Order" box, select "Pending Order" in
"Type", there will be a note on the bottom of the box: "Open price you set must differ from
market price at least X pips.", write down the "at least X pips" part and close the pop-up
"Order" box (Be careful, do not click any "Buy", "Sell" of "Place" button in that box!). Then copy the "X" number
(integer only) which you wrote down before setting to this "OrderModifyDiffer"
option. Different brokers, different charts, different values, such as 0 on InterBank, 2~7
on Alpari, 4 on FXDD, 5 on ODL, and 10 on North Finance etc.. This setting will affect Trailing Stop
function.
Go_Open: Select "true" to active FULL
automated opening orders and enter a position. With this set to "false", it means you would
rather enter the market HALF automatically. An alert box (with an alert like this: "Raingull:
EUR/USD Ready to Open
Buy Order") will pop up once the buy or sell signals are triggered, and an alert E-mail will
be sent to you. If you confirmed the market conditions and decide to enter the market, click the
little smiley face, or press F7 on computer keyboard, or right-click anywhere on the chart and select "Expert
Advisors" from the drop down menu and then "Properties". Set "true" at "Go_Open"
option.
Risk_Level: Trade with this percentage of your account balance, up to 2
decimal places. Do not set it too high. For example, in a 400:1 leverage account, if
Risk_Level is more than 10.00, it is risky. If more than
20.00, it is
very dangerous. More than 30.00, sounds like a suicide attack. If it is the first time for you
to use this EA robot, do not forget to set
Risk_Level under 5.00.
TakeProfit_Level: Percentage of opening
balance profit to take, up to 2 decimal places. Besides, The Raingull© V5 will automatically
calculate and set T/P (Take Profit) prices and Trailing Stop prices in opening orders, once if
TP_Pip>0 or
Trailing_Stop=true (see below). When you
set
TakeProfit_Level>0, the EA
will take the quickest of this, or T/P, or Trailing Stop profit. And, if
Safe_TakeProfit is "true", the EA will take
the lowest of 4 parts: TakeProfit_Level, Safe_TakeProfit, T/P, or Trailing Stop profit. If
TakeProfit_Level is set to 0 then no profit
will be taken by target percentage, the EA will take profit by T/P, or Trailing Stop prices set
in opening orders, or Safe_TakeProfit.
TrailingStop_Level: Allow users' exit profit
to fall by this percentage (up to 2 decimal places) before exiting. If users set
TrailingStop_Level>0, it will be triggered
while
TakeProfit_Level profit has been reached. The
Raingull© V5 will follow the market up and not exit until it falls by this percentage from the
peak. The position will be closed and the trailing profit will be locked while it falls back
more than, for example, 15% or 30%. If the parameter is set to 0 then no trailing stop will be
used by percentage.
StopLoss_Level: Negative percentage of open
loss to stop, up to 2 decimal places. This option is good for avoiding so-called ""Stop Hunting"
while SL_Pip=0 (see below), because
the S/L price will be invisible in open orders, just calculated by the EA in the background. If
SL_Pip>0, The EA will automatically calculate and set Stop Loss (S/L) prices in open orders.
When you set StopLoss_Level<0, the
robot
will stop the quickest of this, or Stop Loss price. If StopLoss_Level is set to 0 then no
loss
will be stopped by target percentage, the EA will stop loss by S/L.
Turbo: A feature of the Raingull© V5. It
works well during a "Yo-Yo" market, helpful to enhance performances. But it needs users to judge
one thing by themselves: when the market is "Yo-Yo". If users can make sure "Yo-Yo" time is
coming, set Turbo to "true", otherwise
set it as "false". Generally please set it to "false", especially for inexperienced FOREX traders.
P_X: An integer parameter to calculate
indices by indicators. Normally refers to optimized demo
settings,
of course users can adjust it at will. 3~30 will be proper. Do not set it at 0;
TP_Pip: An integer to calculate and set T/P
(Take Profit) price. Users can set it to any plus number. If
it is set at 0, the EA will not set T/P price in open orders;
SL_Pip: Another integer to calculate and set
S/L (Stop Loss) price. Users can set it at any positive number. If it is set at 0, the EA will not set S/L price in open orders;
Trailing_Stop: Use "false" if you do not want
the Raingull© V5 automatically calculate and set Trailing Stop prices in opening orders. Normally
left it at "true". The EA will follow the market forward and not take profit until it moves back
by certain pips from the peak. The position will be closed and the trailing profit will be
locked while it pulls back more than, for example, 5 or 10 pips. If you have set
TrailingStop_Level>0 and
Trailing_Stop at "true", the one which leads
(profit's pulling back) is the first one will be triggered.
Open_Cost_Control: "true" will help you
control the orders' opening cost in fast market. "false" will allow the EA opening orders
immediately while open signals are triggered.
Close_Cost_Control: "true" will help you
control the orders' closing cost in fast market. "false" will allow the EA closing orders
immediately while close signals are triggered.
Spread_Cost: If
Open_Cost_Control or Close_Cost_Control
has been set to "true", the Raingull© V5 will not send orders while the spread
is wider than what you set here. For example, set 3 (integer only) pips for EUR/USD. While the
fast market comes, the spread of EUR/USD could go wild as high as 5 pips, the EA will ignore
signals and wait for the spread calming down to 3 pips or less before opening or closing a buy
or sell order.
Entry_Hour_1=0
Exit_Hour_1=8
Expiration_Hour_1=100
Entry_Hour_2=12
Exit_Hour_2=16
Expiration_Hour_2=20
Entry_Hour_3=0
Exit_Hour_3=0
Expiration_Hour_3=100
Entry_Hour_4=22
Exit_Hour_4=24
Expiration_Hour_4=100 |
These are Time Filter settings (your local
city/town time,
integers only). Traders can pick out favorite periods to enter and exit
market, or clear all positions. For example, if you want to trade
during 22:00 ~ 7:59, 12:00 ~ 15:59, and close all orders at 20:00,
simply set them like left column.
If all Entry_Hour
and Exit_Hour
are set to 0, it means the EA will stop working all day. If you want it working
non-stop, only set one of the 4 pairs of Time Filters to 0 ~ 24. For
example, Entry_Hour_4=0 and
Exit_Hour_4=24, leave others (excluding
Expiration_Hour) to 0.
If you want to disable
Expiration_Hour, just set it as any
integer bigger than 23. |
Safe_TakeProfit: Select "true" to act on a
kind of conservative profit (approximated 1% profit for 100:1 leverage accounts when risk_level=10%, if leverage is
400:1, it will take 4% profit when risk_level is 10%). In a "yo-yo" market, profit comes hardly and goes easily.
For some traders, it may be more comfortable to take a 1% profit at once than to hold positions for
a long breath-taking time waiting for an non-guaranteed 10% or higher profit, or worse - loss. Otherwise, setting "false" will act on
TakeProfit_Level set before.
CallingMinutes:
The Raingull© V5 can send users a summary or alert by E-mail. For example, if
you set CallingMinutes to 100 (integer
only), the EA will send you a summary once every 100 minutes. On MT4, you can enable the
notification E-mail function in menu: Tools>Options>Email tab. You even can input your cell
phone E-mail address in that tab then you will receive the summary or other alerts by text
messages on your mobile phone. Set it to 0 will turn E-mail notices off.
MarginAlertLevel: For avoiding the "Margin
Call", users can set an alert. For example, your broker's Margin Call level is 100%, set 200.50
(up to 2 decimal places) or other comfortable level for you in here, while the "margin level" drops to or lower than 200.50%
(or other safe level you set), the
EA will send an E-mail to warn you that perhaps you need to think about adding some funds before
the "Margin Call". Set it to 0 to disable this function.
What is the best setting?
It is hard to say what is the best setting. It depends on your trading style
(aggressive, conservative, modest, or just at-will etc.), capital, psychology, experience, even
timing etc.. We are giving some optimized demo settings here, just
for reference and help. And we strongly suggest users to optimize and find out the best suitable
settings by themselves.
How to optimize settings?
Firstly, Download History Data:
1. Open MetaTrader MT4 platform.
2. Open Options in the Tools tab in upper menu bar.
3. Click Charts tab.
4. Change both “Max bars in history” and “Max bars in chart” to “10000000” or bigger.
5. Close Options window.
6. Open History Center in the Tools tab in upper menu bar.
7. Double click Currency Pair M1 button.
8. Click “Download” button.
9. When download complete, close History Center window.
Secondly, Open Strategy Tester:
1. Select Expert Advisor
2. Select currency pair
3. Select “Open Prices Only”.
4. Check Use date box. Then set test date range (From date – To date)
5. Select period (Time Frame)
6. Check Optimization box
7. Click Expert properties
8. Click Testing tab
9. Set test Initial deposit
10. Click Inputs tab
11. Then set Start-Step-Stop values for each variable to test
12. Then Click OK
13. Click Start
14. After Optimization test is complete, click Optimization Results tab
15. Right-Click on a results row and an Options window opens
16. Click Set Input Parameters and test settings are transmitted to Expert properties
17. Reset Model “Open Prices Only” back to “Every Tick”.
18. Click Start. Then Strategy Tester runs back test on new settings.
If you are satisfied at this back test result, then you get your "best"
settings.
How to use RSS Feed service
to get the newest settings?
If you are using Internet Explorer - most used internet browser, please
make sure it is the newest edition. If it is not,
upgrade it. Return to our demo
settings page and simply click the
 button on IE's tool bar, then
you can subscribe and view the feed on your browser directly.
And you can view our RSS feed in a couple of other ways, such as:
Firefox new browser;
or you can download a free RSS Feed Reader, such as
GreatNews or
Bloglines etc.
Now you can receive our optimized settings once if they are updated. If you no
longer want to receive the updates, just delete the feed in your feed reader
and you'll no longer receive them.
Can I change settings during the EA is working?
No. Please do not change settings while the Raingull© V5 is active as
unpredictable results could occur. If you want to change chart settings (for example, time
frame), please disable the "Expert Advisors" button on MT4 toolbars temporarily. Setting may be changed during a trade and they will be applied while it is
next appropriate. To modify settings, just click the little face, or press F7 on computer
keyboard, or right-click anywhere on the chart and select "Expert Advisors" from the drop down
menu and then "Properties" to get to the current properties. After finishing modifying, click
"OK" button.
Can I stop the EA and manually exit a position?
Yes, you can. Simply click the the "Expert Advisors" button (from green to
red) on toolbars to stop the EA. To resume, click the the "Expert Advisors" button from red to
green. If you wish to manually exit a trade, please right-click the chart, select
"Expert Advisors" and "Remove". Open trades can be closed by hand.
I found that your EA is not good in back testing, why?
A correct back testing method and an entire database are very important.
Before doing back testing and optimization, please make sure your database in MT4 is entire (unfortunately mostly users' databases are not). Based on a wrong database, the back testing
result will be definitely wrong. We can try to get better databases here:
http://www.alpari-idc.com/en/dc/databank.html, but sometimes even their databases are not
entire either.
Our EA Robots are designed based on "open price" data, that means users need
to choose "Open prices only" model to optimize these EAs firstly, after that, you can choose "Every
tick" model to recalculate it. Then you will find our EA Robots get very good back testing
results, like these:
Raingull© V5-EU-A 1 year
Raingull© V5-EU-A 3 months
Raingull© V5-AU-A 1 year
Raingull© V5-AU-A 6 months
No matter how good or bad, you've probably heard the saying "past performance does
not predict future performance". Experienced traders know that back testing means nothing. If you want to see
a real result about this EA's performance, you must do forward testing. We encourage you to
take the advantage of 30-day free trial to test this EA under real
time live market circumstances, instead of dead data.
If this EA is making money for you,
why are you selling your secret
weapon?
Because:
A, This is not our sole EA, and it is not the only EA making money for us
either. We have other secret weapons.
B, We were cheated by a fly-by-night broker which is located in Winnetka, IL
and New York.
In that live account, all our hard earned money were stolen, sweat and toil was robbed,
family happiness was sacked, love and trust were looted. We have to sell
some of our precious seeds to exchange for some cash to keep ourselves in the FOREX market.
There is a feature in FOREX market - High Leverage. For example, at 400:1 leverage, every dollar
in cash gives us the potential to increase our own investments exponentially. If we make an
additional $1,000 from EA selling, we can invest as much as an additional $400,000 in the
market. This will help us to cover our loss made by those warlocks.
I have installed your robot for one day, but
it is not trading
yet, what is wrong?
Please confirm:
1. Is there a "X" at the top right corner of the chart? If yes, it means
the EA is not active. Please click the "Expert Advisors" button on MT4 toolbars (turn it
from red to green) to active the EA.
2. Is there a frowning face at the top right corner of the chart? It
means you did not check the "Allow live trading" check box when you attached this EA
robot to the chart. To fix this simply click the little face, or press F7 on computer
keyboard, or right-click anywhere on the chart and select "Expert Advisors" from the drop
down menu and then "Properties". On the "Common" tab, click to allow live trading and click
"OK" button.
3. Make sure that you never deleted any indictor from MT4. If you did,
please download the newest edition MT4 again and reinstall it.
If everything was done right, there will be a tiny smiley face at the
top right corner of the chart (next to the name of the Raingull© V5). Besides, the chart
will also show a summary of your position at the top left corner.
This EA Robot usually runs some strict rules inside, so sometimes you could
get few trades, especially during some big news or events days. Safety is everything in FOREX
trading. If you really want to get more trades, set Turbo
to "false" please.
How to remove this EA?
If you wish to remove this EA, please right-click the chart, select
"Expert Advisors" and "Remove".
Why don't you answer my
query E-mail?
Firstly, your E-mail might be screened out by spam mail filter.
Secondly, most answers of queries can be found in this website. Please read
Instructions, FAQ and
Tips just a little bit carefully, they almost have explained
everything.
Welcome to ask questions if you really can not find the answer. |
