May
13
Written by:
AAMB Forex
5/13/2009 12:35 AM
What is and How to get the Verification Code ?
The VerificationCode is the licence that will allow you to execute the Expert Advisor on a real broker Account. It contains the information that determine the type of expert advisor (micro, mini, standard) that was purchased.
To get your verification code, you need to send to AAMB the name of your account after the payment.
You need to start the expert advisor latest version available on the web site on your live account and send to Forex AAMB the name that will appear in the Alert :
"Contact Forex AAMB for registration - Requested information is : #YOURACCOUNTNAME# .
We need exactly this information to send you the good verification code.
What is the recommend parameters for AAMB-1 ?
The two parameters TradeSizeStep and InitialTradeFactor is controlling the expert advisor exposition on the market. TradeSizeStep is the size in $ of the lot traded by the expert advisor. We recommend to not use leverage and to set it at the level of your account equity. Ie, if you have 1'000$ on your account, use 1000 for this parameter.
Which Version for Mininal Risk ?
Micro version can only be ran on micro accounts and allows to test the expert advisor with a minimal risk. Contract size must be 10'000 and minimum lot size must be 0.01 in order to be able to trade 1'000 EURUSD.
Error: Divide by Zero - What is it ?
Your expert may generate this error if he is not able to define the lot size for trading according to your TradeSizeStep parameter. For example, the ea can't trade 100 EURUSD on a Mini or Standard account. This trading size is only possible on Micro accounts.
The InitialTradeFactor allows to increase the initial position opened by the expert advisor but to keep the value of TradeSizeStep for increasing the position when necessary. Using a value different that 1.0 will increase the exposition and the risk.
If you want to use different parameters, test them using the Strategy tester before going live on the market. Feel free to post your settings on this site to get feed back from the user community.
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