Manuals

R Factor Ultimate EA – manual

R Factor Ultimate

Installing Ultimate Scalper in the MetaTrader platform

After you purchase Ultimate Scalper, we send this software to you by email. You need to download this archive to your PC and extract it. If you don’t know with which program you can unpack, then use this free program – https://www.7-zip.org/

After unpacking the archive, we proceed to install the Ultimate Scalper Expert Advisor in the MT4 trading platform (MetaTrader 4). 

You must do this in the following way:

Open the root folder of your Metatrader platform:

Find the "MQL4" folder and open it:

Find the "Experts" folder and copy the Ultimate Scalper EA file into it:

Copy the indicators from the corresponding folder of the archive that you received after purchase to the "Indicators" folder:

Immediately after that, restart your platform. This must be done in order for the Ultimate Scalper Expert Advisor file to be initialized within your platform and made available for use.

Installing Ultimate Scalper on a quote chart

The R Factor advisor trades on the following currency pairs: AUDCAD, AUDUSD, AUDJPY, EURAUD, EURCAD, EURJPY, EURGBP, EURUSD, EURSGD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, USDCAD, USDJPY, XAUUSD.

However, it does not need to be installed on all quote windows of the listed assets. It works in one window! Accordingly, in order to start trading on all the listed assets, you need to install the R Factor advisor on just 1 window of any currency pair from the listed list. For example, on the AUDCAD currency pair window:

If not all of the currency pairs listed above are available in the market overview of your MT4 platform, right-click on the list of assets available on your platform and select “Shaw all” from the drop-down menu:

M15 timeframe must be set for open window

After that, activate the "automatic trading" function on your MetaTrader platform:

Find the "Navigator" button in the upper left corner of your MetaTrader platform. After opening the selection menu, find the "Experts" tab and the Ultimate Scalper EA located in it. Drag it with the cursor to each open quote chart:

After you drag the R Factor advisor onto the quote chart, a manual configuration window will open. Find the “Load” button and load the set file for automatic adjustment
this advisor:

In the archive that you received after purchase, you will find the “Set” folder. Through the internal navigation of your PC, find the “Set” folder and inside it select the set file for trading:

This set file will automatically change the internal settings of Ultimate Scalper so that it trades as efficiently as possible on this currency pair.

How to add a suffix to the settings

Some brokers display the names of trading assets with a suffix, for example: AUDCAD.pro or AUDCAD.ecn or AUDCADfx. If your broker also displays the name of the asset with the addition of a suffix, you need to specify it in the advisor settings. For this:

Set the corresponding variable to "True":

Enter the suffix that your broker adds to the name of the trading asset.

For example, if your broker has the asset name “AUDCAD.pro” then you need to enter “.pro” in the variable field, that is, all the characters that are written after the main name of the asset.

If the asset name is “AUDCADfx” then you need to enter ” fx ” in the variable field.

If you want to change the trading risk settings, you need to find the “Risk Settings” block, where you can intuitively enable fixed lot trading or activate the risk calculation function according to the size of your trading account: