EA PIRANHA FX must be configured to trade on each of the recommended currency pairs. We have prepared special set-files for you to perform automatic configuration. After installing EA RIRANHA FX (received from us «MQL4» folder) in the root directory of the MetaTrader 4 platform, these set-files will appear in the directory «Presets» of your platform.
Once you have dragged EA PIRANHA FX to the chart of quotations, you will automatically open the EA settings window. Now, you need to click on the «Load» button to download the set file for automatic configuration. This will take you to the directory where you can select the set-files:
Select the correct folder to configure time-zone of PIRANHA FX. Your choice should depend on what time GMT the platform of your broker is used during the summer time (for example, if the platform of your broker is working in summer time GMT+3, then select the folder SummerGMT+3).
For example, the platforms of all recommended brokers (ICMarkets, Pepperstone or TickMill) work in the summer in timezone GMT+3. Therefore, to configure EA PIRANHA FX on the platforms of these brokers, you must use the folder «GMT+3»:
IMPORTANT! EA PIRANHA FX has a clear reference to the time of the exchange rollover that cannot be changed when broker switches to winter or summer time. Therefore, in order to exclude errors in the settings of EA in different year time, we chose the unified time standard– “summer time of broker”. This temporary option works both in summer and winter. Thus, when your brokerage company switches to winter or summer time, the time settings of EA PIRANHA FX do not need to be changed!!
Guided by the name of the set files, select the one that corresponds to the name of the currency pair and strategy:
For “mode#1” use the: EURGBP, GBPUSD, USDCHF.
For «mode#2» use the: EURUSD, EURGBP, USDCHF, GBPUSD
Thus, you will automatically configure PIRANHA FX on the selected for trading currency pair.
If you want to use PIRANHA FX on all recommended currency pairs, you need to:
- Open all required charts of these currency pairs in the MT4 platform.
- Change the timeframe of each quote chart to the M1 timeframe.
- Set for each charts EA PIRANHA FX.
- To use automatic configuration files the names of which corresponds on the selected currency pair.