Q: Are the parameter values in points or pips?

The values are in points! The value is derived from the Point variable.

Q: How can I ensure that the Exp Assistant works correctly with my broker?

To ensure Exp Assistant works correctly with your broker, make sure to:

Q: Can I use Exp Assistant with multiple accounts?

Yes, you can use Exp Assistant with multiple accounts by specifying different MagicNumbers for each account. This allows the assistant to monitor and manage positions across various accounts independently.

Q: Is Exp Assistant compatible with both MetaTrader 4 and MetaTrader 5?

Absolutely! Exp Assistant is fully compatible with both MetaTrader 4 and MetaTrader 5 , providing seamless functionality across both platforms.

Q: How do I install Exp Assistant?

To install Exp Assistant , follow these steps:

Question 1

Are the parameter values in points or pips?

Accepted Answer

The values are in points! The value is derived from the Point variable.

Question 2

How can I ensure that the Exp Assistant works correctly with my broker?

Accepted Answer

To ensure Exp Assistant works correctly with your broker, make sure to:

Question 3

Can I use Exp Assistant with multiple accounts?

Accepted Answer

Yes, you can use Exp Assistant with multiple accounts by specifying different MagicNumbers for each account. This allows the assistant to monitor and manage positions across various accounts independently.

Question 4

Is Exp Assistant compatible with both MetaTrader 4 and MetaTrader 5?

Accepted Answer

Absolutely! Exp Assistant is fully compatible with both MetaTrader 4 and MetaTrader 5, providing seamless functionality across both platforms.

Question 5

How do I install Exp Assistant?

Accepted Answer

To install Exp Assistant, follow these steps:

Question 6

What is Exp Assistant?

Accepted Answer

Exp Assistant is an expert assistant for MetaTrader 4 and MetaTrader 5 that efficiently manages your positions and automates essential trading functions, enhancing trading effectiveness.

Question 7

How does Exp Assistant manage trading positions?

Accepted Answer

Exp Assistant automatically sets Stop Loss, Take Profit, Trailing Stop, Breakeven, and Virtual Stops for your positions, ensuring you maintain full control over your trades.

Question 8

What should I do if my Expert Advisor cannot set Stop Loss or Take Profit?

Accepted Answer

Exp Assistant will automatically place Stop Loss and Take Profit orders, activate Trailing Stop, or move Stop Loss to Breakeven as needed.

Question 9

On which indicator is the Trailing Stop based in Exp Assistant?

Accepted Answer

The Trailing Stop in Exp Assistant is based on the Parabolic SAR indicator.

Question 10

What are the key features of Exp Assistant?

Accepted Answer

Key features include detailed account information, easy opening of BUY and SELL orders, automatic Stop Loss and Take Profit levels, Trailing Stop, Breakeven, management of Virtual Stop Loss and Take Profit, notifications, and closed position statistics.

Question 11

How does Exp Assistant display account information?

Accepted Answer

Exp Assistant provides detailed account information at a glance, allowing you to view all essential account details instantly.

Question 12

How can I open BUY or SELL orders using Exp Assistant?

Accepted Answer

You can quickly and conveniently open BUY and SELL positions through the user-friendly control panel on the chart.

Question 13

What is the function of Auto Move Stop Loss to Breakeven?

Accepted Answer

This function automatically moves the Stop Loss to the Breakeven level, protecting your positions from losses.

Question 14

Which notification channels does Exp Assistant support?

Accepted Answer

Exp Assistant sends notifications to your phone, email, and Telegram.

Question 15

How does Exp Assistant display closed position statistics?

Accepted Answer

Closed position statistics are displayed directly on the currency pair chart, including profit in deposit currency and pips.

Question 16

Can Exp Assistant manage virtual Stop Loss and Take Profit levels?

Accepted Answer

Yes, Exp Assistant allows you to manage both Virtual Stop Loss and Virtual Take Profit directly from the control panel.

Question 17

What are Virtual Trailing Stop and Virtual Breakeven?

Accepted Answer

These are virtual levels for Trailing Stop and Breakeven that provide more precise control over trades and are displayed on the chart as lines.

Question 18

How do I activate Exp Assistant?

Accepted Answer

To activate Exp Assistant, simply click the corresponding button on the control panel.

Question 19

What happens when I change settings in the Exp Assistant panel?

Accepted Answer

New parameters take effect immediately, and the Expert Advisor modifies the positions accordingly.

Question 20

How are Stop Loss and Take Profit parameters set in Exp Assistant?

Accepted Answer

Stop Loss and Take Profit are set in points (pips), and their values must meet the minimum requirements set by your server.

Question 21

What is Classic Trailing Stop in Exp Assistant?

Accepted Answer

Classic Trailing Stop allows automatic tracking of positions by modifying the Stop Loss into the profit zone based on defined parameters.

Question 22

How does Breakeven work in Exp Assistant?

Accepted Answer

Breakeven moves the Stop Loss to the entry level once the trade reaches a specified profit, securing the position against losses.

Question 23

What parameters are used to set up Trailing Stop based on Parabolic SAR?

Accepted Answer

Parameters include TrailingStopSAR (enable/disable) and Distance in points (pips), along with step and maximum settings for the Parabolic SAR.

Question 24

How does Exp Assistant handle Virtual Stop Loss in MT4 and MT5?

Accepted Answer

In MT4, virtual levels work with both positions and orders, while in MT5, they work only with positions.

Question 25

What occurs during virtual closing of positions?

Accepted Answer

When the price crosses the virtual Stop Loss or Take Profit line, Exp Assistant sends a command to close the position on the server, which may involve slippage or delays.

Question 26

Can Exp Assistant manage pending and limit orders?

Accepted Answer

Yes, pending and limit orders use real Stop Loss and Take Profit levels.

Question 27

What notifications can I receive via Telegram with Exp Assistant?

Accepted Answer

You can receive notifications about account events, position changes, and other important updates directly in Telegram.

Question 28

How does Exp Assistant display the end time of the current bar?

Accepted Answer

The end time of the current bar is displayed directly on the chart, enhancing market analysis.

Question 29

What limitations might I encounter when modifying Stop Loss and Take Profit?

Accepted Answer

Broker restrictions on the minimum Stop Loss level may prevent the modification of some levels.

Question 30

Where can I find more information about the EAPADPRO panel?

Accepted Answer

Additional details about the main blocks of the EAPADPRO panel can be found in our blog: EAPADPRO.

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