Instructions for working with EA Beast – Trading Systems – 17 March 2023

Welcome to the page that will help you set up the work of Beast Expert Advisor.

Before you buy:

1. Not all brokers allow scalping on their accounts. To check if scalping can be used with your broker, check the stop level for each pair in the list: USD CAD, USD CHF, GBP USD, EUR USD, EUR CHF, EUR GBP, EUR CAD, EUR AUD. It should be 0 as in the picture. If it’s greater than 0, you should look for another broker:

2. Check your terminal’s ping when connecting to your proxy. The Expert Advisor uses a night scalping strategy. Although the EA uses limit orders to enter trades, the liquidity of most currency pairs is still lower at night than during the day, so it is important to keep the Ping as small as possible to execute trades quickly and reduce slippage.

3. important: Do not use Expert Advisor on your personal computer, always use a VPS. When working on a personal computer, you can open or close windows, change the time period, etc., all of which NEGATIVELY affect the work of the advisor. The Expert Advisor has a built-in auto-calibration mode, which means that after starting the Expert Advisor on the chart, you should leave it alone and not touch it. Any action on the computer gives an additional load to the RAM, so there is a threat of freezing the terminal and slowing down the analysis of the work of the advisor.

After purchase:

Open the MetaTrader. Go to the MetaTrader settings and specify the address as shown in the figure:

With this action, the EA will automatically detect GMT and receive hack protection. If you do not add the site to the MetaTrader settings, the Expert Advisor will not work.

After purchase, write me a personal message and send me a screenshot where we will see the transaction number of your purchase. After that I will send you a code, like “8asdYxc27vsD”. This code should be copied and pasted into the advisor configuration window:

Attach the EA to the EURUSD M5 chart and write down all the pairs you want to use. Tools should be prescribed exactly as stated in the market overview.

Enable auto trading.

If you have done everything correctly, the Expert Advisor will open and in the upper right corner you will see a smiley face.

There will be useful information for you in the expert advisor panel:

The EA will automatically detect your GMT and adjust the EA to the right time in summer/winter. You can also see the list of used pairs.

Some tips from my experience:

  • Use a small and comfortable risk: 0.02 lots per $100 is enough to make a profit and not worry about each transaction.
  • Be cool with the losses. This is part of working in the forex market, it cannot be avoided.
  • It is important to understand: The Advisor is a program that gives you the opportunity to win automatically, that is, not to put your hands to work, that means: DO NOT interfere with the work of the advisor. Don’t close deals for him. Don’t change take profits or stop losses.
  • Use good known brokers with the right attitude for trading and with their clients. If you do not know which broker to choose, write to me, I will advise you several options.

Answers to possible questions:

Question: Do you have files set up?

Answer: There are no files set and there won’t be. All parameters for pairs are built into the Expert Advisor code and are automatically applied to pairs.

Question: Why transactions on real accounts differ from test results:

Answer: There can be several reasons. Beast is a scalping system. This is a very accurate work of the advisor. The slightest changes in the Expert Advisor’s environment can cause a difference between the test and the real trade. Each transaction always runs with slippage, and the larger the slippage, the larger the difference between transactions. The same difference can occur if you test one broker’s quotes and use the Expert Advisor on another broker’s quotes. Another reason for the difference between the results is the version of the expert advisor. My latest version of the EA has received many updates and has been used in signal accounts since 02/27/2023. Up to this point, the counselor was working a little weaker, but still showed a good result.

question: Which lot should I use?

answer: This question is individual. I can’t make a decision on the best way to trade for you because I don’t know how nervous you are when you downsize. The best option is to test with different lots, pay attention to the drawdown and choose a comfortable risk for you. For me, it’s 0.02 per $100.

question: Why is the stop loss so big? is it possible to reduce it?

answer: During the Rollover, prices make big bursts of activity. With a small stop loss, you can get many negative trades and make a loss. A stop loss of 1000 points is usually the best option for these advisors.

question: My trades have too little profit and the commission kills the profit.

answer: Expert Advisor works in two ways: Initially it is set to win. At a certain signal from my indicator, the advisor can receive information that the transaction is doomed to a loss. Then the Expert Advisor goes into “deposit saving” mode and starts the subsequent profit taking. This is a good way to minimize the loss. Sometimes, with tracking enabled, the advisor may earn less than the commission, this is normal. This means that the transaction was doomed and the ADVISOR used the deposit saving mode. I also advise you to use different discount services that give back or reduce commissions.

question: Can I use the Expert Advisor with other Expert Advisors in the same Meta Trader terminal?

answer: Some expert advisors are not compatible with the same terminal and may interfere with each other. I recommend using an expert advisor in a terminal. If you want your account to be developed by several expert advisors, just activate your account on different terminals.

Contact me with any questions and I’ll be happy to help!

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