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4X-MM Manual

1. f 2 5 Add Edit Delete USDCHF Trend 3 2 60 T 30 25 3 2 5 USDCHF Trend 3 280 T merdan za USDCHF Trend 0 USDCHF Trend 3 2100 T 55 40 3 2 5 Triggering Week trend 225 pip EURUSD Buy 3 250 T 15 12 371 3 Stopped 9 Recommended Harvester window The last Harvester section is on the recommended Harvesters which you can load directly from the 4X MM server Simply click on the Load Recommended Harvester button and a list of harvesters will pop up E Recommended Strategy waiting for server Symbol Gper_ Fommle___ Pree _Inerval Pereg Note _ _ TE a zi i 10 5 S eae Accept and Load Selected Chose the one or as many as you like click the Accept and Load Selected button at the bottom and voila the Harvesters have been loaded into your 4X Money Machine Now this is some pretty cool stuff 37 PART 4 1 Guru Module By clicking the 4X MM GURU button the GURU windows will open The Guru Module was designed so you could utilize trading tips from the most experienced and advanced 4X MM traders From time to time our designated GURU traders will offer their own personal views on the market harvester set ups trading signals comments warnings etc Through the GURU interface every 4X Money Machine user has the opportunity to not only see how the GURU is trading but also utilize these trading set ups as well 4X MM Guru
2. GBPUSD 3 2 20 T 7 5 2 1 5 Stopped chainlink w ID16 GBPUSD 372 20 T 7 5 2 1 5 Running chain link w ID16 Stop All GBPUSD 3 2 20 T 7 5 2 1 5 Stopped chain link w ID18 GBPUSD 3 2 20 T 7 5 2 1 5 Triggering chain link w ID18 USDCHF 342 100 T 55 40 372 5 Triggering Week trend 225 pip USDCHF ve 342 100 T 50 35 3 2 5 _ Triggering Day trend 200 pip p USDCHF w 3 2 90 T 45 30 3 2 5 _ Triggering 720 mim trend 175 USDCHF ws 342 70 T 40 30 3 2 5 Triggering 480 mim trend 150 Of course this is only a general outline and the real life results will depend on a number of factors including market volatility proper timing of the trade signals sudden price reversal just to name a few When setting up a Directional Buy or Sell or a Bi Directional Harvester Buy and Sell we have the option of choosing the Start Price between the current price or we can manually enter the price at which we want the Harvester to begin opening trades If we manually enter a price and this price is further away from the market than the pip value of the Trade Interval the Harvester will go into the triggering state and will wait until the specified price is reached and only then will it begin harvesting 27 Harvester PATENT PENDING Start and working paramaters p Stop parmeters conditions Details Symbol Ask Start Price Manual Stop ONLY
3. Harvester PATENT PENDING Start and working paramaters Stop parmeters conditions Details Symbol Primary trend I Manual Stop ONLY Offset Price l StoplD LimitlD Status x X a Stop on 9 11 2006 xl at Operation Second trend I When stopped start Harvester ID Trend x 7 I Total aggregate PIP P L I Reversal is greater than I Restart on next Trend Signal Trade Interval Tertiary trend Number of working orders I Trend Signal is changed Goto Triggering state opposite trend I These initial deals only Load Recommended Strategy Deal Formula doubleclick to edit Wait for next trends synchronisation T Cost Aver Every PIES F Use second Deal Formula Same as 1st Deal Formula for deals more than Ps from Start Pri Don t harvest over below Start Price Biksitom statt Fike Don t harvest between Start Price and first open deal Safe zone PO I Do not start this Harvester if signal or trigger comes between Add Edit Delete Pri Status Aver Price 3 l Triggering 5 mim trend 35 pip 4 Triggering 15 mim trend 50 pip 3 Stop All Triggering 30 mim trend 70 pip Triggering 60 mim trend 100 pi Triggering 120 mim trend 125 Triggering 180 mim trend 150 Triggering 240 mim trend 200 Triggering 360 mim trend 250 Triggering 480 mim trend 300 EURUSD a 3 2015 T 6 4 3 2 5 EURUSD a 32225 T 9 7 3 2 5 EURUSD ve 3 235 T
4. 2 Setting up the Harvester To set up a Harvester first we must choose a currency pair to trade Second we will need to select one of the Harvester types listed under the Operation pull down menu Trend Buy amp Sell Individual Buy Individual Sell or Signal which is for V I P clients only If the Operation TREND is selected we must then determine which and how many of the 12 available TREND indicators we re going to use This will depend largely on which type of trader you are A rule of thumb is to use shorter time frame intervals like 15 30 or 60 minute for quick short term trades 120 180 240 or 360 minute time frames for swing trades and 480 720 Daily or the Weekly time frames for longer term trades You can use trend signals from a single time frame or a multiple of up to 3 time frames 22 Harvester PATENT PENDING Start and working paramaters Stop parmeters conditions Details Symbol Primary trend Manual Stop ONLY Offset Price StoplD Limit Status EURUSD 60min I Stopon 9 5 2006 v at Operation Second trend F When stopped start Harvester ID Trend v 30 min z Trade Interval Tertiary trend a see aS m eversal is greater than a EE Il Restart next Trend Signal umber ol working orders I Trend Signal is changed IF Goto Triggering state opposite trend I These initial deals only Load Recommended Strategy Deal Formula doubleclick to edit I Wa
5. MONEY MACHINE User Manual PART 1 1 Introduction Thank you for the time you have taken to familiarize yourself with the 4X Money Machine My name is Joseph Nemeth and I am the creator of the 4X Money Machine as well as this User Manual which was designed to be your complete training guide of the 4X Money Machine software application and amongst other things it will cover 1 the Trends Module 2 the Manual Deals Module 3 the Harvester Module 4 the Guru Module and finally 5 the 10 Most Effective Harvester Strategies In addition it will show you how to navigate all of the other 4X Money Machine windows teach you how to utilize each and every 4X Money Machine function and control And finally it will give you useful tips for successful trading However please keep in mind that this User Manual is not intended to be a forex trading tutorial and therefore it does not teach the details and intricacies of the forex markets itself nor does it explain the basic forex terms like the pip 39 66 39 66 29 66 the lot long trade short trade market order stop order y limit order etc If you are not familiar with forex or the foreign exchange or do not have at least the basic knowledge and understanding of the markets please download and study the FOREX ON LINE MANUAL FOR SUCCESSFUL TRAIDING first which is available as a free download from our website at www
6. Profit STOP Entry 25 STOP Gap IE C Static Trailing fo fo Number of LOTs closed at Profit STOP Entry STOP Lass Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 250 T 25 15 Cancel The mathematical formula for setting the protective stops using the Profit Stop Entry and the Stop Gap looks like this For LONG TRADES Open price Profit Stop Entry Stop Gap Stop Sell Price For SHORT TRADES Open Price Profit Stop Entry Stop Gap Stop Buy Price OF COURSE the 4X Money Machine calculates and places all of the profit stop orders automatically 4 Static Stops and Trailing Stops Once we entered the Profit Stop and the Stop Gap we have an option to trail our Stop or not If we select the Static button the stop order will not be trailed However if we select the Trailing button the stop price will be trailed with respect to the chosen 13 trailing parameters The trailing parameters have two fields The first field entry indicates the number of pips the market must move before the stop is also moved or trailed in the same direction The second field entry indicates the numbers of pips the Stop Gap will increase every time the market moves the number of pips specified in the first field Deal formula Number of LOTs 2 PIP Profit Individual Deals 50 Pro
7. you must keep in mind that in spite of these individual currency characteristics forex markets can be highly unpredictable and every trading day can bring about new surprises unexpected market news unpredictable volatility etc It is because of these factors influencing the markets what may be a good trade today may not necessarily be a good trade tomorrow It would also be incorrect to say that there is an ideal or optimal Deal Formula Specifying the parameters of the Deal Formula is largely a function of personal preference risk tolerance and the personal trading style of each individual trader and may be different with each specific trading case In short the Deal Formula determines how each deal or trade is executed managed while it is still open and ultimately closed ideally with a profit 10 3 Number of Lots PIP Profit Profit Stop Entry and Stop Gap Every Deal Formula starts with the size of each individual trade i e number of lots Second we must specify in PIPS the desired profit target for each trade Deal formula Number of LOTs PIP Profit Individual Deals 50 Profit STOP Entry STOP Gap a j C Traillint l l Number of LOTs closed at ro Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 2 50 Cancel Once this profit is reached the entir
8. 2006 v at I When stopped start Harvester ID m Offset Price I Total aggregate PIP P L Reversal is greater than I Restart on next Trend Signal F Trend Signal is changed F Goto Triggering state opposite trend Load Recommended Strategy Deal Formula doubleclick to edit er F Use second Deal Formula for deals more than PIPs from Start Price _ Add Edit Delete Harv ID Symbol Oper Formula S Piice Interval Prereg Status Aver Price Note A GBPUSD Buy GBPUSD Sell GBPUSD Buy GBPUSD Sell USDCHF Trend USDCHF Trend USDCHF Trend USDCHF Trend 3 2 20 T 7 5 2 1 5 8 3 2 20 T 7 5 2 1 5 3 2 20 T 7 5 2 1 5 3 2 20 T 775 271 5 3 2 100 T 55 40 372 5 3 2 100 T 50 35 372 5 3 2 90 T 45 30 372 5 37270 T 40 30 372 5 chain link w 1D16 chain link w ID16 chain link w ID18 chain link w 1D18 Week trend 225 pip Day trend 200 pip p 720 mim trend 175 480 mim trend 150 3 Stopped 8 Running 8 Stopped 8 Triggering Triggering Triggering Triggering Triggering t Stop All This simply means that if an initial long order of a Harvester s trading sequence is entered at a price of say 1 2500 the next order will be automatically entered at 1 2515 the trade after that at 1 2530 and so on until the specified number of trades is exh
9. 3 3 5 3 3 4 Ti 5 3 3 Add Symbol j Delete Bid Ask j Recalc PIP Price J You can customize this table by adding new or deleting existing currency pairs by simply using the Add and Delete buttons at the bottom of the window However we do not recommend that you do any of those functions and use the currency pairs that came preloaded with the software 6 Quotes Window The Quotes Window displays the current up to the second REAL TIME bid and ask quotes i e prices for all currency pairs supported by the software Paes I Pos Pos Pos Pos Total pos Total pos Total pos Total pos 3 a 171 4282 Pos Pos 3371 2780 27 1 2854 Total 100000 1 4282 Total pos Total pos Total pos Pos Pos Pos 9 1 8855 8 1 8940 Total pos Total pos Total pos Total 300000 1 8999 Pos 18 1 2269 12 1 2363 Pos Total pos Total pos Total pos Total pos 2 3 3 a You can easily customize the appearance of this window by simply right clicking on your mouse and choosing the SETTING command from the pop up menu You can customize the type of font you d like to use the color of the font the color of the background or the border In addition you can set an upper and a lower limit alarm for each individual currency pair so the software will visually notify you when your set pri
10. IV Auto Accept amp Execute 4X MM Guru Deals Signals I Auto Accept amp Execute 4X MM Guru VIP Strategy IV Auto Accept amp Execute 4X MM Guru Harvesters Date amp Time Source Description _Accepted on Simply check the appropriate box in the GURU window and the 4X Money Machine can automatically execute not only all of the GURU s individual trades it can even set up duplicate identical harvesters which will also execute automatically provided the appropriate selection box is checked off That s the power of the GURU Module Please note that the GURU V I P strategy which is available to the V I P clients will execute in the same manner The Guru places a trade for his her own account and if you so desire the 4X Money Machine will execute the same trade for you as well 38 2 Working Orders Window The Working Orders window shows all working or pending orders which are waiting to be executed Working Orders Sis Cancel Selected Remove Selected Cancel ALL Orders Symbol OrdenD_ Direction _ Type Size Price HawiD These orders should be synchronized with the working orders inside of the Broker window From time to time when these orders are not synchronized due to internet disconnection failed order execution failed order acceptance by the broker or any other reason it may be necessary to manually adjust this situation There are two options for manual order modification You can cance
11. Money Machine is truly a remarkable trading tool It will automate your trading organize your trades and simplify your life as a forex trader We hope that you have found this information useful in helping you master the many functions of the 4X Money Machine We certainly hope that you will use it to your greatest benefit and have even more fun with it than our entire team while creating it So here s to you unlimited success May all of your trades be profitable For more information please visit our website at http www 4x mm com or email us at support 4x mm com 46 PART 5 10 BEST HARVESTER STRATEGIES 1 Individual Trends single time frames single multiple pairs 2 Individual Trends multiple time frames 12 max single multiple pairs 3 Multiple Trends primary secondary tertiary a Short term Harvesters b Swing mid term Harvesters c Long term Harvesters d Hybrid Harvesters 4 Chain Link Harvesters 5 Support Resistance Pivot Point Harvesters 6 Break Out Harvesters 7 Range Bound Harvesters 8 Let s get some PIPs Harvesters 9 Guru trading duplication 10 V I P clients customize your own signals 47
12. Start Price 5o Eiet I Don t harvest between Start Price 1 30 T 15 10 30 and first open deal Safe zone fao IV Do not start this Harvester if signal or trigger comes between 13 00 23 0 Add Edit Delete Harv ID Symbol Oper Formula S Price Interval Prereg Status Aver Price Note Al Start 0 USDCHF Trend 3 2 50 T 25 20 372 5 Triggering 180 mim trend 100 USDCHF Trend 3 2 60 T 30 25 372 5 Triggering QO 240 mim trend 120 Stop All USDCHF Trend 3 2 80 T 35 30 3 2 5 Triggering 0 360 mim trend 130 USDCHF Trend 3 2 70 T 40 30 3 2 5 Running 480 mim trend 150 USDCHF Trend 3 2 90 T 45 30 3 2 5 gt Triggering 720 mim trend 175 USDCHF Trend 3 2 100 T 50 35 372 5 Triggering Day trend 200 pip p USDCHF Trend 3 v Triggering Week trend 225 pip EURUSD 3 iT 15 12 371 3 3 J 5 Stopped i To run a Harvester we simply select one from the List of Harvesters and press the start button The Harvester will then initiate the trading sequence or go to the triggering state depending on the conditions that must be met Once the Harvester starts trading details of each individual deal will be displayed in the DETAILS Window on the right 36 Harvester PATENT PENDING Start and working paramaters Stop parmeters conditions Details Symbol Primary trend I Manual Stop ONLY i StoplD LimitlD Status USD
13. completely customize your trading patterns to fit your account your personal trading style your risk tolerance and your entire trading objective Deal formula Number of LOTs PIP Profit Individual Deals Profit STOP Entry 25 STOP Gap fis C Static Trailing 3 eh Number of LOTs closed at ia Profit STOP Entry 4 STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 3 2 50 T 25 15 3 1 Car The number of LOTs you want to take your initial profits on is specified in the Number of LOTs closed at Profit Stop Entry field 6 Stop Loss Orders The Stop Loss and Dollar Cost Averaging functions are both very defensive and loss preventive maneuvers designed to minimize losses when the trades don t go the way we would ideally like them to By entering a STOP LOSS amount in pips in the stop loss entry field you are telling the 4X Money Machine to place a stop loss order at a price equal to the specified number of pips away from your entry price Deal formula Number of LOTs 3 PIP Profit Individual Deals 50 Profit STOP Entry 25 STOP Gap 115 C Static Trailing E fi Number of LOTs closed at ia Profit STOP Entry 4 STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 3 2 50 T 25 15 3 1 16 For example if y
14. field but you cannot edit it by typing directly into this field In order to edit The Deal Formula you must double click on the Deal Formula field open the window again make the appropriate changes then close the window Manual Deal al ed Symbol EURUSD v Type Price Market X Deal Formula doubleclick to edit 3 2 50 T 20 10 371 3 V Cost Aver Every MV Same as Deal Formula 1 2816 1 2819 Bid Sell Ask Buy Last but not least you must decide if you re going to dollar cost average your trade in case the market would move against you This is a very sensitive area and you must exercise caution As a rule of thumb I never dollar cost average at intervals that are smaller than the average daily range of a given currency pair This means that I would never dollar cost average the EUR USD at less than 100 pips or the GBP USD at less than 150 pips which are their respective average daily ranges Next we will decide whether we will treat each dollar cost averaging trade provided that the market will go that far against us the same as the Deal Formula we discussed earlier I usually make this selection a simply check the appropriate box We are now ready to place the trade Simply click on the appropriate box SELL to go short or BUY to go long That s it Piece of cake Once you have placed the order if it is a market order it should be executed immediately and the trade should app
15. left mouse button Anytime you choose to close an open trade or cancel a working order you absolutely MUST manually adjust your 4X Money Machine in the appropriate window OPEN DEALS OR WORKING ORDERS in order to reflect these manual changes in your trading account 9 Trends Module Window The Trends Module is a graphical representation of the entire market Using extremely sophisticated proprietary indicators it determines trend direction in all supported currency pairs in 12 different time intervals Knowing the correct trend of a market is an invaluable tool of every successful trade Some traders feel that being able to recognize the correct trend is half of the trading battle because as the old adage goes The TREND is your FRIEND Trends Short Term SwingTerm Long Term 120 180 240 360 480 720 D OW EURUSD GBPAUD GBPCAD GBPCHF GBPIPY GBPUSD NZDUSD USDCAD USDCHF USDJPY stit oe oe ae ae sitztti gs bee e Lee 1 The 4X Money Machine s Trend Module currently supports 12 currency pairs each in the 12 most popular trading time frames 5 minute 15 minute 30 minute 60 minute 120 minute 180 minute 240 minute 360 minute 480 minute 720 minute the Daily time frame and finally the weekly time frame They are divided equally into 3 columns for Short Term traders Swing traders and Longer term traders The TREND module consists of GREEN arrows pointing up R
16. price makes a rapid jump and before the broker can execute this order at the old price your profit has been evaporated and your positions are showing a loss Not a good time to execute the Close All Deals on Profit function It is therefore best if you enter this time in the Reject Close All Deals on PIP Dollar Profit between field Please use the military time like 08 25 08 45 on the US east coast or 05 25 05 45 on the US west coast In Europe this would be the equivalent of 14 25 14 45 Use your own internal computer 44 clock and make sure that the time you enter in fact corresponds to the same time during which the major US economic news is released A I Artificial Intelligence close losing deals on of profit This is another proprietary intelligent function Iam not going to discuss the logic of this function but I will say that it is designed to help you close losing trades after you have already accumulated a certain amount of profit You can select from the pull down menu the percentage of profit from trades which you have already closed that you re willing to give up in order to close your existing losing trades The function will watch the trades and execute when the conditions for its execution are met Personally I keep the percentage of this A I function set at 40 50 Manual Limit and Stop Price adjustment The Limit Price and the Stop price buttons located at the top of the Open Dea
17. selecting the MARKET ORDER type the price selection will be grayed out because the order will be executed at market and there is no need to input the price In the next section we will cover the DEAL FORMULA 2 Deal Formula Window The main function of the Deal Formula is to a Provide Automatic Management of all trades and positions b Automate the execution of all Profit Stops c Maximize profits by automating Profit Trailing functions d Automate the Dollar Cost Averaging function and e Automate the creation of Free positions i e positions already in profit Deal formula Number of LOTs PIP Profit Individual Deals Profit STOP Entry STOP Gap ad Cc Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 0 Cancel The Deal Formula is one of the key elements of the 4X Money Machine In fact an incorrect Deal Formula set up may be the difference between success and failure Therefore proper care must be exercised when specifying each Deal Formula entry Successful traders realize that each currency pair has its own characteristics These include volatility average daily range trending cycles etc Understanding and knowing the properties of individual currency pairs will dramatically help you in becoming a more successful 4X Money Machine user Additionally
18. summary bar in between these two sections displays the current P L profit and loss as well as the amount of profit still needed in order to for the Close All Deals on Profit function to be activated In addition the Open Deals window contains some of the most important proprietary functions most of which literally OVERRIDE all of the other software functions we ve talked about so far 7 Close Deals on Profit All Open Deals This function closes all open deals on a predetermined profit target It is the most superior function because it overrides all other functions settings and Deal Formulas Individual Pairs This is the same as the previous function but applies only to each individual pair Individual Pairs and Individual Long and Short Distinguishes between the long trades and the short trades in each individual pair Please be careful setting this parameter One thing you DO NOT want is for the software to close of all your profitable long trades leaving you only with losing shorts trades or vice versa Therefore always set the parameter for the Individual Short and Long profit goal at several multiples of the parameter set for Individual Pairs 43 Exempt deals in running Harvesters this function does not take into consideration open trades of running Harvesters when Closing Deals on Profit The premise here is the fact that the profit on these trades should be maximized by virtue of the D
19. 1279 3 2 5 EURUSD a 32250 T 12 9 3 2 5 EURUSD lt 3 2 60 T 15 10 3 2 5 EURUSD a 322 70 T 15 10 3 2 5 EURUSD a 3 2 80 T 15 10 3 2 5 EURUSD ve 3 2 90 T 15 10 372 5 EURUSD a 3720100 T 15 10 372 1 51 0 u m N e WWW Because the Harvester is capable of placing multiple orders in both directions of the market from time to time especially after the market makes a fast turn in the opposite direction you might find that the market is trading below the initial price at which the Harvester started its trading sequence if going long or above the initial price if the Harvester started trading short Itis called the START PRICE Ifthe These initial Deals Only box is not checked and the Harvesting Over or Below the Start Price is 29 also not checked and the Harvester is still running that is it hasn t been stopped it will look for opportunities to place trades at the specified Trade Intervals even below or above its initial Start Price Now depending on the situation in the market this may not be desirable particularly if the market wants to go in the opposite direction Similarly you might have a situation where several of your Harvester deals have been closed stopped out with a profit or otherwise because the market has turned Yet if the Harvester is still running it will look for opportunities to open new trades at the specified Trade Interval
20. 4X MM com So if you re ready let s get started with an overview of the 4X Money Machine 2 What is the 4X Money Machine The 4X Money Machine is a sophisticated software application designed for both experienced and beginner forex traders alike The software helps them to 1 Automate their trading activity 2 Organize their trades and 3 Simplify the management of all open trades Utilizing Artificial Intelligence A L it is the only trading software application in the world capable of simultaneously managing unlimited number of trades in unlimited number of currency markets performing countless calculations that would be otherwise humanly impossible The software s main function is to maximize trading profits and minimize losses using proprietary logic and several patent pending technologies 4X Money Machine is divided into 4 main modules 1 The Trends Module 2 The Manual Deals Module 3 The Harvester Module and 4 The Guru Module The 4X Money Machine is simply the most technologically advanced personal forex trading tool ever developed 3 Main Window The Main Window is the main control panel for navigating the software It also illustrates the connection logic between the various individual modules of the software Additionally this is where the main module keys that will help us navigate the various screens and windows are located 4X MoneyMachine Ver 2 25 Ex 4X MM Se
21. CHF 480min v it Stopon 9 11 2006 at 1 2558 338227 Working Operation Second trend When stopped start Harvester ID 1 2513 338226 Working 1 2468 338225 Working Trend xj j X 1 2423 323904 Filed Trade Interval Tertiary trend M Total aggregate PIP P L 150 IV Reversal is greater than 60 4 il IV Restart on next Trend Signal Number of working orders V Trend Signal is changed 4 IV Go to Triggering state opposite trend I These initial deals only Load Recommended Strategy r Deal Formula doubleclick to edit IV Wait for next trends synchronisation 3 2 70 T 40 30 3 2 5 M CostAver Every 100 PIPs IV Use second Deal Formula M Same as 1st Deal Formula for deals more than Don t harvest over below Start Price 100 a eee I Don t harvest between Start Price 2 1 T 20 10 2 1 30 and first open deal Safe zone Bates je 480 mim trend 150 pip profit I Do not start this Harvester if signal or trigger comes between 18 00 08 0 Harv ID _ Symbol Oper Formula Price _ Interval Prereg Status Aver Price Note N Stop USDCHF Trend 3 2 50 T 25 20 372 5 2 Triggering 180 mim trend 100 Triggering 240 mim trend 120 Stop All Triggering 360 mim trend 130 _ Stovall Running 2423 480 mim trend 150 2 2 ji 5 4 USDCHF Trend 3 2 90 T aay 15 _ 2 Triggering 720 mim trend 175 USDCHF Trend 100 T 50 35 3 2 5 2 Triggering Day trend 200 pip p
22. ED arrows pointing down and blue horizontal lines A green arrow indicates the market is trending up in each of the given time frames a red arrow indicates the market is trending down and a blue line indicates there is no prevailing trend or one that is uncertain Please understand that the longer the time frame the longer the trend will prevail in other words the longer the time frame the stronger the trend The best part is that these trend indicators will help us identify the best times to enter into a trade You can resize the Trends Window by double clicking with your cursor anywhere on it or by simply dragging any of its borders PART 2 1 Manual Deals Module The Manual Deals Module was designed for rather simple and basic order entry However the trade management functions incorporated into the Module contain proprietary trade automation and management functions not available with any other software Manual Deal E led Symbol Type Price Market NE Deal Formula doubleclick to edit eee M Cost Aver Every M Same as Deal Formula 1 8938 1 8941 Bid Sell Ask Buy In order to place a trade we simply select the desired currency pair from a list of available pairs Once the currency pair has been selected we will then chose the order type either MARKET LIMIT or STOP and enter the desired price at which we d like the order to be executed by the broker Please note if
23. EURAUD 1 6615 1 6618 EURCAD 1 4282 1 4286 EURGBP 0 6766 0 6768 EURJPY 148 61 148 64 EURUSD 1 2817 1 2820 GBPAUD 2 4759 2 4768 GBPCHF 2 3359 2 3362 7 GBPJPY 219 58 219 61 Working Orders GBPUSD 1 8937 1 8940 Ord Symbol Oper Sze Price Type ene at see 330400 EURUSD Buy 300000 1 2825 STOP WORKING 330399 EURUSD Buy 300000 1 2830 STOP WORKING USDCHF 1 2335 1 2338 USDIPY 115 93 115 96 330372 GBPUSD Sell 300000 1 8933 STOP WORKING It is divided into 4 distinct parts On top you will find the login password and the connection status area as well as your account financial information including your available equity or cash trading margin debit or min margin requirement unrealized and realized P L and trading commissions On the left hand side you have all of the currency pairs with real time price quotes On the right you have a list of all of your open positions and finally on the bottom is the list of all your working orders which for the most part should synchronize with the WORKING ORDERS window of the 4X Money Machine More on this later in the section dealing with the WORKING ORDERS WINDOW It is important to realize that the BROKER window of the 4X Money Machine was not designed for trade order entry however by double clicking on an open trade it is possible to close it at market Similarly it is possible to cancel a working order by simply double clicking on it with the
24. EURUSD we 3 2100 T 15 10 32 5 Triggering 480 mim trend 300 ONION ewww eoc0000000 This value is simply the distance in PIPs which the Harvester must maintain away from the market price in order to be allowed to place Over Below Start Price or Between Start price and Open Deal orders If the field is left empty or the value is less than the Trade Interval the software will prompt you to enter a correct value 5 Trading Time Restriction There are certain times during virtually every trading day when the forex markets are pretty much dead Hardly any price moves at all Well this is the time you DO NOT want to be trading and you should certainly not be opening any new trades and the 4X Money Machine should not be doing it either Why First Because the markets do not make enough of a move to generate a profit in order to warrant the trade and second because once the markets do start moving they could easily go against you For this purpose we have a function that will prevent the Harvester from initiating a new trading sequence meaning it will not attempt to open any new trades even if it receives a trading signal to do so 31 Harvester PATENT PENDING Start and working paramaters r Stop parmeters conditions Details Symbol Primary trend I Manual Stop ONLY Offset LimitlD x X F Stopon 9 11 2006 vf at Operation Second trend I When stopped start Harvester ID Trend X 7 Trade
25. Interval Tertiary trend Total aggregate PIP P L s P Reversal is greater than Z I Restart on next Trend Signal Number of working orders I Trend Signal is changed F Goto Triggering state opposite trend F These initial deals only Load Recommended Strategy Deal Formula doubleclick to edit I Wait for next trends synchronisation T Cost Aver Every PIES Use second Deal Formula Same as 1st Deal Formula for deals more than P Start Pri F Don t harvest over below Start Price iis tom stat bee I Don t harvest between Start Price and first open deal Safe zone PO IV Do not start this Harvester if signal or trigger comes between 13 00 23 vats Add Edt Delte Hary 1D Symbol Oper Formula S Price Interval Prereg Status Aver Price Note a 3 EURUSD Trend 3 2 15 T 6 4 3 2 5 EURUSD Trend 3 2 25 T 9 7 3 2 5 EURUSD Trend 3 2 35 T 12 9 3 2 5 EURUSD Trend 3 2 50 T 12 9 3 2 5 EURUSD Trend 3 2 60 T 15 10 3 2 5 EURUSD Trend 3 2 70 T 15 10 372 5 EURUSD Trend 3 2 80 T 15 10 372 5 EURUSD Trend 3 2 90 T 15 10 3 2 5 EURUSD Trend 3 2 100 T 15 10 3 2 5 Triggering 0 5 mim trend 35 pip 3 Triggering O 15 mim trend 50 pip Stop All Triggering 30 mim trend 70 pip Triggering 60 mim trend 100 pi Triggering 120 mim trend 125 Triggering 180 mim trend 150 Triggerin
26. Offset Price StopiD LimitiD Status EURUSD 1 2500 I Stopon 9 5 2006 v at Operation I Current Price I When stopped start Harvester ID Buy M Get Last z I Total aggregate PIP P L Trade Interval is o I Reversal is greater than I Festa j j J Number of working orders Upper range Ir 3 1 2750 rT I These initial deals only Lower range Load Recommended Strategy 1 2250 r Deal Formula doubleclick to edit V CostAver Every 100 PIPs Pl Deron V Same as 1st Deal Formula for deals more than PIPs from Start Pri P Don t harvest over below Start Price AIETE F Don t harvest between Start Price and first open deal Safe zone I Do not start this Harvester if signal or trigger comes between Add Edit Delete Harv ID Symbol Oper Formula Status Aver Pice Note _ _ s t 19 GBPUSD 3 2 20 T 7 5 2 1 5 Stopped chainlink w ID16 GBPUSD 3 2 20 T 7 5 2 1 5 Running chain link w ID16 Stop All GBPUSD 3 2 20 T 7 5 2 1 5 Stopped chain link w ID18 GBPUSD 342 20 T 7 5 21 5 Triggering chain link w ID18 USDCHF 342 100 T 55 40 372 5 Triggering Week trend 225 pip USDCHF 342 100 T 50 35 3 2 5 _ Triggering Day trend 200 pip p USDCHF w 342 90 T 45 30 32 5 m Triggering 720 mim trend 175 USDCHF we 342 70 T 40 30 3 2 5 Triggering 480 mim trend 150 This is a really cool function and we will
27. URGBP 5 min DOWN 11 09 12 20 15 4 MM Server Trend signal received EURJPY 5 min DOWN 11 09 12 20 05 4 MM Server Trend signal received CHFJPY 5 min DOWN 11 09 12 20 01 4X MM Server Trend signal received GBPCHF 5 min UP 11 09 12 15 12 4 MM Server Trend signal received EURAUD 15 min DOWN 11 09 12 15 00 4x MM Server Trend signal received GBPJPY 5 min DOWN 11 09 12 10 25 4 lt MM Server Trend signal received EURGBP 5 min NONE 11 09 12 10 11 4X MM Server Trend signal received AUDUSD 5 min DOWN 11 09 12 10 08 4X MM Server Trend signal received USDCHF 5 min UP 11 09 12 10 04 4 MM Server Trend signal received EURJPY 5 min NONE 11 N917 10 N4 Ax MM Serwer Trend sianal received CHEIPY R min NONE r Source Filter r Type Filter IV 4X MoneyMachine IV Manual Deals IV Opened Deals IV Broker WV Info M Success IV 4 MM Server IV Harvester IV Closed Deals IV Other NM Ero M Other Log File Browse Start Log Clear For the most part that s all the Activity Monitor is and the chances are that you will probably not need to change any of the Activity Monitor settings 6 Open Deals Window The Open Deals window is divided into two sections The upper section simply lists each individual open deal or trade while the bottom section shows the sum of all accumulated positions for each currency pair in each direction long or short showing 42 the average position price or the average cost basis The
28. austed If the Harvester started the trading sequence with the first order at 1 2500 going SHORT the next order would be placed at 1 2485 then 1 2470 and so on Obviously with different trade intervals which are based on various trading objectives a trader may have the price difference between individual orders of a trading sequence will vary The premise behind the Harvester strategies is to maximize profits from every significant market move by simply pyramiding the number of trades or continuing to add onto our position within reason of course as the market is moving in our direction while protecting each trade along the way Then when the market eventually turns our profitable trades will get stopped out and we will simply take our profits 25 So let s move on Once the TRADE INTERVAL is entered we will determine the NUMBER OF WORKING ORDERS within the trading sequence Here as well as during the previous Trade Interval selection we have to use common sense If we are setting up a Harvester using a trend signal from a short term time frame column which changes direction a lot more often logically we are not going to expect the same types of price moves as if we were trading longer term time frames We will therefore enter a smaller number of trades with short term time frame signals than swing signals and smaller number of trades with swing signals than with long term signal For example on a5 min char
29. ce is reached Additionally by double clicking on the BID or ASK price of any currency pair inside the Quotes Window the Manual Deals Window discussed later will pop open which will allow you to place simple manual deals right from the Quotes Window 7 ToolBar The ToolBar is simply another graphical representation of the main window i i a Pa Open Deals curent P L 0 00 Top To Die It can be dragged and positioned anywhere on your screen for example on the top to allow you to use your computer screen more effectively particularly while working on other projects The ToolBar also dispays the Broker connectivity light the 4X MM Server connectivity light GREEN connected RED disconnected as well as the total Profit and Loss of all currently opened trades 8 Broker Window The Broker Window is a graphical representation of your trading account It is used not for trading but rather for software communication with your broker E Broker Broker Login Password Connection type Status 4X_MM Demo yourlogin RNR Y Connected Disconnect V Auto Login V Save Pass Avl Equity Margin Req Unrealiz P L Cash Floating P L 25969 6962 0 31196 1735 Quotes All Symbols Open Positions Symbol Bid Ask A PIP P L AUDJPY 89 42 89 45 EURCAD Sell 100000 1 4282 1 4286 AUDUSD 0 7713 0 7715 GBPUSD Sell 300000 1 8999 1 8940 CADJPY 104 44 104 47 CHFJPY 93 97 94 00
30. cycles The reality is that given enough time 1 98 of the major market moves are retraced by at least 50 and 2 80 of all moves are retraced by 62 of the original move This means that given adequate capital to sustain temporary drawdowns on the account and a proper dollar cost averaging strategy there is only a 2 chance that any trade would lose money For example if I open a long trade at 1 2500 and the trade goes 100 pips against me by opening another long trade at 1 2400 I have dollar cost averaged my cost basis to 1 2450 and only need a 50 pip retracement move to break even Suppose that the market still goes against me another 100 pips and I open another trade at 1 2300 This time my cost basis is only 1 2400 and even though the marked moved 200 pips against me from my original trade I am only 100 pips down on my entire position Of 17 course it is unwise to continue like this to infinity however by studying the major currency pairs you will find that almost invariably they all retrace at least 50 of their moves Personally I prefer to get out of a losing trade at break even than continually lose my stop loss orders to unscrupulous brokers Well if you decide to utilize this function built right into the software the 4X Money Machine will automatically open dollar cost averaging trades in specified dollar cost averaging intervals in the case of a trade going against you and no other overriding function c
31. d Trend Trend Trend Trend Trend Trend Trend 3 2 15 T 6 4 3 2 5 3 3 2 25 T 9 7 3 2 5 3 3 2 35 T 12 9 3 2 5 3 3 2 50 T 1279 3 2 5 4 3 2 60 T 15 10 3 2 5 4 3 2 70 T 15 10 3 2 5 aa 5 3 2 80 T 15 10 3 2 5 5 3 2 90 T 15 10 3 2 5 7 3 2 1001 T 15 10 372 5 8 Triggering Triggering Triggering Triggering Triggering Triggering Triggering Triggering Triggering Price ine Prereg Status Aver a Note 5 mim trend 35 pip a 15 mim trend 50 pin 30 mim trend 70 pip 60 mim trend 100 pi 120 mim trend 125 180 mim trend 150 240 mim trend 200 360 mim trend 250 480 mim trend 300 a sat E Stop AIl First we will determine the number of pips a market should move in order for the SECOND Deal Formula to kick in The idea behind the second Deal Formula is the fact that after the market has made a certain move in one direction it might be running out of steam so the second formula is set up more defensively than the first one 34 Deal formula Number of LOTs PIP Profit Individual Deals Profit STOP Entry 15 STOP Gap 110 Static Trailing fo fo Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Deal formula fi 30 T 15 10 30 Cancel Here we might trade fewer lots take a smaller profit protect our position quicker and have a much
32. e another look at this example Deal formula Number of LOTs 2 PIP Profit Individual Deals 50 Profit STOP Entry 20 STOP Gap jio C Static Trailing E z f0 Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 2 50 T 20 10 Cancel Say we opened a long trade at 1 2500 If we set the Profit Stop Entry at 20 with a Stop Gap of 10 this simply means that once the market moves 20 pips in our direction i e our trade gets 20 pips in the money or has a 20 pip profit a stop sell order will be automatically generated and entered at the equivalent of the Stop Gap below the market s price In other words when the price is 1 2520 a stop sell order with the price of 1 2510 will be automatically generated No need for you to wait sitting at the computer for the price to make a move the software watches the market and generates the orders automatically when the price warrants it Going the other direction if we opened a short trade and entered a Profit Stop Entry of 25 with a Stop Gap of 15 immediately after the price got down to 1 2475 after a 25 pip Profit Stop Entry move a stop buy order at 1 2490 would be automatically generated to reflect the Stop Gap of 15 1 2475 0 0015 1 2490 12 Deal formula Number of LOTs PIP Profit Individual Deals
33. e trade will then be automatically closed All you have to do is specify your desired profit in PIPS and the 4X Money Machine will then calculate the price for which it will AUTOMATICALLY generate a LIMIT order and send it to the broker for execution Third we will protect our position once it gets into profit with a Profit Stop Entry This simply means that once the position gained say 20 pips we might want to protect our profit with a regular STOP ORDER or a trailing stop For example suppose we opened a long position at 1 2500 and the price moved up to 1 2520 We might at this point want to place a sell stop order at 1 2510 to guarantee ourselves at least a 10 pip profit in case the market would turn on us Then if the market did turn in the worst case we would get stopped out at 1 2510 and still take a 10 pip profit Here we might simply leave the stop set to the same price or we might want to trail it more on this in a few minutes The Profit Stop Entry and the Stop Gap functions enable us to specify these type of protective orders 11 The beauty of the 4X Money Machine is that once the Deal Formula is set the software manages the entire trade from start to finish automatically without the need for additional human intervention With most trading platforms you would have to watch each trade and manually move your stop orders With 4X Money Machine everything is done automatically Let s tak
34. eal Formula of a running Harvester Close All Deals with All Harvesters to Stop This check box like the previous four functions also gives the trader an option to target a certain profit goal When this profit goal is reached however all Harvesters will stop and essentially there is no more trading until some of the Harvesters meet the conditions for new initiation of a trading sequence at which time the entire process starts up again 8 Profit Trailing Dollar Risk Very similar to a standard Trailing Stop this is an Artificial Intelligence function that will automatically trail a group of trades that has been already earmarked to be closed at a specified profit Unlike a trailing stop this function calculates the trailing value in dollars so as to maximize the profits even further Its objective is to close the least profitable deals of the group and let the most profitable ones run until they are stopped out using the Profit Trailing Dollar Risk parameter Reject Close All Deals on Profit There are times during a trading day when it could be detrimental to execute the Close All Deals on Profit Function This is during extreme or rapid price movements usually right after the US news at 8 30 am eastern time The Close All Deals function registers a profit and wants to close your open position so it sends a market order to your Broker to close these trades In the meantime however in that split second the
35. ear in the Open Deals window as well as the Open Positions section of the Broker window 20 Similarly all associated Limit and Stop orders should be showing in the 4X MM Working Orders window as well as the Working Orders section of the Broker Window awaiting execution Manual Deal Symbol EURUSD v Type Price Limit v 1 2500 Deal Formula doubleclick to edit 3 2 50 T 20 10 3 1 23 IV Cost Aver Every fi WV Same as Deal Formula 1 2815 1 2818 Bid Sell Ask Buy If your order was a STOP or a LIMIT order away from the current price you will find it waiting execution in the respective Working Orders windows That s it hope you had fun next we will dive into the Harvester 21 PART 3 1 Harvester Module The Harvester Module is the heart and soul of the 4X Money Machine It was designed to maximize the profit on each trade in all directions and on all currency pairs utilizing the various trade sequencing mechanisms incorporated into the Module It is like having several professional traders trading your account for you By clicking on the Harvester button the Harvester Window will open Currently the 4X Money Machine supports 4 types of Harvesters They are 1 the TREND Harvester 2 the Directional Harvester individual long or short 3 the Bi Directional Harvester both long and short at the same time and 4 the Signal Harvester V I P clients
36. es a combination of a long term time frame trend a swing time frame trend and sometimes even a short term time frame trend It is usually the shortest time frame trend that will initiate the Harvester trading sequence 3 The Trading Sequence The trading sequence of each Harvester is initiated or started when all selected trend signal are aligned in the same direction For example if we selected the 15 minute and the 60 minute trends as our primary and secondary trend indicators respectively trading will begin only after both the 15 min arrow and the 60 min arrow for the corresponding currency pair are of the same color i e they are pointing in the same direction The same applies if we choose all 3 trend signals If the arrows are already synchronized in the same direction or in the case of using just one trend indicator the trading sequence 23 will begin immediately unless we have checked the box WAIT FOR NEXT TREND SYNCHRONIZATION in which case the Harvester will be in a triggering state and it will wait there until all applicable trends are synchronized Harvester PATENT PENDING Start and working paramaters Symbol Primary trend EURUSD 60 min X Operation Second trend Trend v 20 min zA Trade Interval Tertiary trend 20 Number of working orders 15 min X T These initial deals only IV Wait for next trends synchronisation F Cost Aver Every PIPs Same as 1st Deal Formu
37. fit STOP Enty 25 STOP Gap 15 C Static Trailing fio 5 Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 2 50 T 25 15 10 5 Cancel For example an entry of 10 5 means that every time the market moves 10 pips the Stop Gap will increase by 5 or that the trailing stop order will be moved by 5 pips every time the market moves by 10 This is pretty slick We can trail by 1 pip by 2 pips by 5 pips by 10 pips it s all just a matter of setting up the Deal Formula Let s take a look at a few more examples A trailing formula 10 0 means that every time the market moves by 10 pips the Stop Gap doesn t increase in other words the trailing stop will be moved by 10 A Trailing formula of 2 1 means that once the initial trailing stop has been set every time the market moves 2 pips the Stop Gap will increase 1 pip or the trailing stop price will be increased by 1 14 Deal formula Number of LOTs PIP Profit Individual Deals Profit STOP Entry 25 STOP Gap 15 Static Trailing 3 2 j Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only after Cost averaging has been triggered on PIP profit Deal formula 250 T 25 15 3 1 Cancel A Trailing Stop entry of 3 1 means that every time the
38. fset Price StopID Limit Status i j zx 5 Stop on 9 11 2006 gt at i Operation Second trend I When stopped start Harvester ID Trend X 7 Trade Interval Tertiary trend z P LEa e n ans eversal is greater than IS I Restart on next Trend Signal Number of working orders I Trend Signal is changed Go to Triggering state opposite trend These initial deals only Load Recommended Strategy Deal Formula doubleclick to edit Wait for next trends synchronisation I Cost Aver Every PIPs I Use second Deal Formula Same as 1st Deal Formula for deals more than Don t harvest over below Start Price Meton ice P Don t harvest between Start Price and first open deal Safe zone 30 I Do not start this Harvester if signal or trigger comes between mr E EE Harv ID_ Symbol Formula Interval Aver Price Note t EURUSD a 372015 T 6247372 5 Triggering 5 mim trend 35 pip EURUSD n 37225 T 977 372 5 Triggering 15 mim trend 50 pip E Stop All EURUSD vee 342 35 T 12 97372 5 Triggering 30 mim trend 70 pip EURUSD vs 342 50 T 12 9 3 2 5 Triggering 60 mim trend 100 pi EURUSD 342 60 T 15 10 3 2 5 Triggering 120 mim trend 125 EURUSD a 372070 T 15 10 3 2 5 Triggering 180 mim trend 150 EURUSD 342 80 T 15 10 372 5 Triggering 240 mim trend 200 EURUSD ws 342 90 T 15 10 3 2 5 Triggering 360 mim trend 250
39. g 240 mim trend 200 Triggering 360 mim trend 250 Triggering 480 mim trend 300 OUIYMNPeWWwW Generally there are 8 to 12 hours of this unproductive time If you live on the West Coast of the US this unproductive time is roughly from 1PM to 11PM i e 13 00 23 00 before the markets start moving again as the Europeans start their business day and start trading On the East Cost of the US it is roughly from 4PM to 2 AM 16 00 02 00 As for myself since I live in Europe it is from about 10PM to 8AM 22 00 08 00 So to make sure that you re not taking on any unnecessary trades from the dead time zone simply enter this time period which corresponds to your own internal computer clock in the military time format in the Do Not Start this Harvester if signal or trigger comes between field On the east coast it would be 16 00 02 00 west coast 13 00 23 00 Europe 22 00 08 00 etc Checking this box and entering the unproductive time frame which corresponds to your computer clock will save you a countless number of useless trades 32 6 Stop Parameters Now that we have determined what will trigger the initiation of a trading sequence we must also decide how we re going to stop it once the Harvester has run its course and hopefully added some profits into our account Harvester PATENT PENDING Start and working paramaters r Stop parmeters conditions Details Symbol Primary
40. im trend 200 Triggering 360 mim trend 250 Triggering 480 mim trend 300 EURUSD Trend 3 2 70 T 15 10 3 2 5 EURUSD Trend 3 2 80 T 15 10 3 2 5 EURUSD Trend 3 2 90 T 15 10 3 2 5 EURUSD Trend 3 2 100 T 15 10 3 2 5 ONO ewww First of all we can use the good old Manual turn off switch or we can select a date and time when we want the Harvester to STOP Personally I prefer the next three options We can stop the Harvester when it has accumulated a certain profit this is a sum of the closed deals and the open deals We can stop it when the market takes a turn and moves in the opposite direction certain number of pips and finally a Trend Harvested can be stopped when at least one of the trend signals changes After the Harvester stops it does not mean that all open trades are closed It means that the Harvester simply cancels all pending orders for new trades but still continues to manage all open trades By selecting the appropriate Restart on next Trend Signal or Go to Triggering State opposite trend check boxes the same Harvester will start up again when the selected conditions 33 are met This way a Harvester can be active indefinitely turning itself on and off whenever the conditions warrant it This is truly a one of a kind trading breakthrough 7 Harvester Deal Formula We dealt with a Deal Formula when discussing the Manual Deals Module earlier In fac
41. it for next trends synchronisation F Cost Aver Every PIPs I Use second Deal Formula I Same as 1st Deal Formula for deals more than PIPs from Start Pri I Don t harvest over below Start Price Airon Step Paice F Don t harvest between Start Price and first open deal Safe zone PO T Do not start this Harvester if signal or trigger comes between Add Edit Delete Hary ID Symbol Oper Formula Price Interval Prereg Status Aver Price Note kad t GBPUSD Buy 3 2 20 T 7 5 2 1 5 8 Stopped chain link w ID16 GBPUSD Sell 3 2 20 T 7 5 21 5 8 Running chain link w ID16 Stop All GBPUSD Buy 3 2 20 T 7 5 2 1 5 8 Stopped chainlink wID18 GBPUSD Sell 3 2 20 T 775 271 5 8 Triggering chain link w ID18 USDCHF Trend 3 2 100 T 55 40 3 2 5 Triggering Week trend 225 pip USDCHF Trend 3 2 100 T 50 35 372 5 Ea Triggering Day trend 200 pip p USDCHF Trend 3 2 90 T 45 30 3 2 5 Triggering 720 mim trend 175 USDCHF Trend 3 2 70 T 40 30 3 2 5 Triggering 480 mim trend 150 Generally speaking using a single 5 minute trend signal is not only NOT RECOMMENDED but it is highly discouraged because of its overall insignificance to the market as a whole It can however be used as an effective trigger in combination with other trend signals from other time frames A so called HYBRID Harvester utiliz
42. l History Save This is a real cool window to look at especially when it s full of profitable trades 4 Settings Window The Settings Window will allow you to customize the look of your 4X Money Machine Settings Jox Deal background color gt Profit Lost background color 4 Manual Deals E Proft E Harvester keah a l Lost EE fac Harvester trend Harvester signal AG i Request New Authentication 4 MM Guru IV Enable ToolTips r LMM Windows color 4 MM Guru Window X a iy T Use standard Windows color scheme Sound Alerts Sound File 41 For easy identification you can set the color of each trading operation change the colors of the individual window frames etc It is really self explanatory so I ll let you play with it on your own time 5 Activity Monitor The Activity Monitor logs all activity and communication between the 4X MM software and the 4X MM server such us trend signals error messages connectivity status etc as well as any activity and communication between the 4X MM software and your Broker E Activity Monitor 11 09 12 45 01 4 MM Server Trend signal received USDCAD 15 min NONE 11 09 12 40 03 4 MM Server Trend signal received GBPCHF 5 min NONE 11 09 12 35 49 4 MM Server Reconnecting 11 09 12 29 47 4 lt MM Server Reconnecting 11 09 12 23 46 4X MM Server Trend signal received E
43. l an order or you can simply remove it By canceling an order in the Working Orders window you are also sending a cancellation request to the Broker By removing an order you are not Whenever you make a manual modification to any working order make absolutely certain that every change is cross referenced with the Broker Window and that all of your Working Orders as well as all Open Trades are always synchronized with the Broker 39 3 Closed Deals Window This is where all of your Closed Trades are listed You can cross reference and sort them by individual currency pairs dollar amount of Profit and Loss PIP profit and loss Open and Closed date and time Harvested ID number and reason for the closing of the trade Closed Deals Time Filter Opened from 04 09 till 11 09 Closed from 04 09 till 11 09 Remove Selected Remove All History Save Deal Formula Size Ope pen Time Open Price Close Time i Tot PIP In Addition the History function on top of the window will allow you to compare individual trading days weeks months or simply look up any specified time periods History Filter Available Symbols IV Use Deals opened between filter 72 142006 9 11 2006 IV Use Deals closed between filter 72 1 2006 9 11 2006 Today Last week Last month 40 Closed Deals Time Filter Opened from 01 06 till 11 09 Closed from 01 07 till 11 09 Remove Selected Remove Al
44. la P Don t harvest over below Start Price I Don t harvest between Start Price and first open deal Safe zone pe I Do not start this Harvester if signal or trigger comes between Harv ID Symbol __ Oper Formula 19 GBPUSD 3 220 GBPUSD 3 220 GBPUSD 3 2 20 GBPUSD 3 2 20 USDCHF USDCHF USDCHF USDCHF 3 2 90 lt 37270 Stop parmeters conditions Manual Stop ONLY Details Offset Price StopiD Limitd Status I Stopon 97 5 2006 at I When stopped start Harvester ID I Total aggregate PIP P L I Reversal is greater than J Restart on next Trend Signal I Trend Signal is changed I Go to Triggering state opposite trend Load Recommended Strategy Deal Formula doubleclick to edit I Use second Deal Formula for deals more than PIPs from Start Price m T 7 5 2 1 5 T 7257271 5 T 725 271 5 T 7 5 2 1 5 3 2100 T 55 40 372 5 lt 322 100 T 50 35 372 5 T 45 30 3 2 5 T 40 30 32 5 Stopped Running Stopped Triggering Triggering Triggering Triggering Triggering ec0c000000 Dra Stop Alll chain link w ID16 chain link w ID16 chain link w ID18 chain link w ID18 Week trend 225 pip Day trend 200 pip p 720 mim trend 175 480 mim trend 150 Common sense will tell us to check the Wait for next trend synchronization box anyway because it is best to get i
45. losing the deal for you Once the dollar cost averaging is triggered and the market eventually turns or retraces its original move against you the last entry in the Deal Formula Close All RELATED Deals after Dollar Cost Averaging has been triggered is designed to close a losing trade at or near break even Deal formula Number of LOTs PIP Profit Individual Deals Profit STOP Entry 25 STOP Gap fis C Static Trailing 3 fy Number of LOTs closed at Profit STOP Entry STOP Loss Individual Deals Close all RELATED Deals only atter Cost averaging has been triggered on PIP profit Deal formula 3 2 50 T 25 15 3 1 3 Cancel All you do is simply specify the number of PIPs of profit if any at which you would like to close the losing trades To cover my cost of trade commissions I just simply enter 3 18 8 Deal Formula rules In order to understand the concept of the Deal Formula the following Deal Formula rules will always apply gi If PIP Profit Individual Deals is specified a Limit order is generated to execute at the appropriate price The order size will then equal the original Number of LOTs minus number of LOTs specified to close at Profit Stop Entry Additionally a Limit order is generated to execute at the Profit Stop Entry price in the size of the number of LOTs specified to close at Profit Stop Entry s If Stop Loss Individual Deals i
46. ls window will allow you to manually adjust you open trades Simply highlight one of the open trades and then click on the button A small price window will appear simply enter the desired price adjustment and that s it you have manually adjusted a Limit or a Stop order associated with the open trade Manual Close of Deals vs Deal Removal Similar to the functions in the Working Orders window you can manually close or remove any open trade Simply highlight the trade click on the button representing the desired action confirm your action and the trade will close or will be removed By manually closing a trade in the Open Orders window you are actually sending a MARKET order to your Broker and all related pending orders i e existing Limit or Stop orders belonging to the open trade you re closing will be cancelled automatically However when you manually remove an open trade you are just erasing it from the window and this action does not reflect in the Broker window or in your Brokerage account So please when you manually remove a trade from the Open Window make absolutely sure that this is in fact what you want to do Also whenever you make a 45 manual modification to any open trade make absolutely certain that every change is cross referenced with the Broker Window and that all of your Working Orders as well as all Open Trades are always synchronized with the Broker Conclusion When used correctly the 4X
47. market moves by 3 pips the Stop Gap will increase by 1 pip etc etc Now why would anyone want to increase the Stop Gap in other words not trail the stop order by the same amount as the market is moving Because he she doesn t want to get stopped out of a profitable trade too early and wants to give his trade more room to play itself out particularly the longer the trade remains open as price corrections and retracements are inevitable and might be eminent 5 Taking Initial Profit on Part of the Position This is one of my very favorite functions It allows initial profit taking right at the Profit Stop Entry while we still adding onto our existing position The key here is to have sufficient capital to be able to trade multiple lots without overextending the account Personally I like to start trading with 3 lots and take initial profit off the table at the Profit Stop Entry on 2 of them This puts some profits in my pocket immediately and I still have one lot left that I am protecting with a profit stop and adding to my existing position to maximize my profit from the entire market move You would be surprised how these small profits can accumulate throughout an entire trading month Some traders prefer to start with 2 lots and take initial profit on half of their initial trade namely 1 lot In either case the 4X Money Machine tracks all the trades and all the 15 profits for you and gives you the ability to
48. nto a trend at its beginning and not at its end although there may be situations that will warrant initiating the trading sequence i e getting into a trade immediately Use your common sense and your best judgment here Next or in the case of selecting an operation other than TREND we will proceed to define the TREND INTERVAL and the NUMBER OF WORKING ORDERS 3 Trade Interval amp Number of Working Orders A trade interval is specified in PIPS and it determines how far apart of each other will the 4X Money Machine enter the trades of the Harvester s trading sequence For example if we set the Trade Interval say at 15 pips each trade order will be placed 15 24 pips away from the previous order in the direction of the TREND or the selected operation Harvester PATENT PENDING Start and working paramaters Symbol Primary trend EURUSD v 60 min 7 Operation Second trend Trend v 30 min F Trade Interval Tertiary trend 19 15min v Number of working orders 2 M These initial deals only IV Wait for next trends synchronisation M CostAver Every 100 PIPs V Same as 1st Deal Formula F Don t harvest over below Start Price Don t harvest between Start Price and first open deal Safe zone I Do not start this Harvester if signal or trigger comes between Details Stopib LimitD Status Stop parmeters conditions Manual Stop ONLY I Stop on 9 5
49. ou opened a long trade at 1 2500 with a stop loss of 50 the software would place a stop sell order at 1 2450 Similarly if you opened a short trade at 1 2500 the 4X Money Machine would automatically calculate the stop loss entry for you and placed a stop buy order at 1 2550 in both cases if the market got away from you by 50 pips these orders would be executed at a loss to you An extreme word of caution when trading with stop losses Inasmuch as the idea of get out of the market before the losses get really big seems like a logical one many brokers and banks have literally taken advantage of unaware traders and stopped them out of potentially profitable trades as some of these unscrupulous and dishonest trading institutions see stop orders as easy money Thousands of traders including myself have experienced unpleasant surprises when their own brokers have stopped out their profitable trades only a pip or two before the market resumed its rightful trend Do not fall prey to these deceitful brokers who will and can legally steal your stop orders If you have to use stop losses place them far away from the price action and make it difficult for the brokers to steal them from you 7 Dollar Cost Averaging As an alternative to stop losses some savvy traders like using dollar cost averaging instead They have recognized the fact that the 8 major world currencies do not crash only go through weakening and strengthening
50. rver XMM Guru Trends EZA CEs seient Working Orders Di J 4 4X MM Server Window 4X MM Server Window specifies the parameters for communication between 4X MoneyMachine and the 4X Money Machine Server 4X MM Server ox 4 MM Server Address 4X MM Server Port jat 3 160 190 252 fi 0001 Maximum delay to accept signal Status _ 4 MM Server Login 4 MM Server Password pouor peee IV Auto Login IV Save Password Stop Echo Test The first part of this information specifies TCP IP address and port The second one specifies the user Login and Password which are both necessary to connect to the 4X Money Machine Server In order for 4X Money Machine to perform all of its functions and to operate properly your software has to be connected to the 4X MM server This is indicated by the GREEN STATUS LIGHT as opposed to the RED STATUS LIGHT which indicates a disconnected status Simply click on the START button to establish a connection and make sure the auto login box is checked off for continual connection 5 Currency Table In the Currency Table window you can see the various currency pairs which you will be able to trade using the 4X Money Machine 8 Currency Table 8 6258 10 0000 8 6258 3 6253 7 7140 3 0003 18 9410 8 6258 10 0000 7 7140 9 0009 8 1076 8 6258 10 0000 10 0000 39 0003 3 1076 8 6258 3 3 3 3 3 3 3 3
51. s at the same prices as the deals which are already closed Again depending on the market action this might not be most desirable and for the novice 4X Money Machine users it is best if they check the box On the other hand these two functions can be particularly useful in situations when the market is trading in a narrow range and you are reasonably certain it will remain there In this case the Harvester can be set up to take advantage of these trades because the market is not going to run away from you very far if it is trading in a narrow range One of the currency pairs that tends to trade in a narrow range is EUR GBP Using the Harvester this way taking trades on both sides of the Start price even in both directions can prove to be a very effective trading strategy for some traders Generally speaking however novice traders should check both boxes to avoid any unnecessary headaches Finally whether you are trading with any of the two Safety Zone functions or not the Safety Zone field must contain a value in PIPs that is the same or greater than the TIME INTERVAL This is an additional safety measure in case you would accidentally forget to check the Harvesting Over or Below the Start Price box or the Harvesting between the Start Price and an Open Deal box or both 30 Harvester PATENT PENDING Start and working paramaters Stop parmeters conditions Details Primary trend Manual Stop ONLY Ot
52. s specified a Stop Order is generated to the appropriate price Stop size equals Number of LOTs k Whenever a new updated quote for a currently traded currency pair is received an automatic Trailing Static Stop check is performed X If Trailing Static Stop is specified and the Profit Stop Entry price is reached the Static Trailing Stop is set to the appropriate Stop price Stop order size equals the original Number of LOTs minus number of LOTs specified to close at Profit Stop Entry At the same time the original Stop Loss order if previously set is canceled If Close all Related Deals after Dollar Cost Averaging has been triggered is specified a Limit order is generated at the appropriate price The size of the Limit order is the original Number of LOTs If the Profit Stop Entry price is reached the dollar cost averaging Limit order is cancelled If the dollar cost averaging Limit order is filled a Limit order at the price of average price for the entire position plus the PIP profit specified in the Close all Related Deals after Dollar Cost Averaging has been triggered field The size of the Limit order is the number of total open LOTs 19 9 Placing a Manual Trade Now than we have completed the Deal Formula we can close the Deal Formula window and we are almost ready to place the trade Notice how the Deal Formula appears in the Deal Formula
53. see it applied in more detail in the last section 10 Best Harvester Strategies Additionally we can specify upper and lower boundaries of the Harvester Again we will take a more detailed look at this function later in the Manual Last but not least especially if you are a beginner 4X Money Machine user please check the box These Initial Deals only The 4X Money Machine can be totally tireless and can place unlimited number of deals at the specified Trade Intervals in every direction We have discussed earlier why it is not wise to try to cover a wide price range At best the market is unlikely to make that large of a move at worst your orders could be getting filled at the worst possible price right before the market is ready to turn So in the beginning check this box Later as you become a more proficient 4X Money Machine user you can try to experiment but even then you should exercise extreme caution and DO NOT OVERTRADE 28 4 Safety Zone Safety Zone is a highly advanced function that is not recommended to be used by the beginner 4X Money Machine users However after you ve mastered the basic Harvester and Deal Formula set ups the safety zone function will add yet another dimension to your trading using the 4X Money Machine The Safety Zone trading is basically divided into two sub functions 1 Harvesting Over or Below the Start Price and 2 Harvesting between the Start Price and an Open Deal
54. t the Manual Deal Formula and the Harvester Module Deal Formula are identical Same setting up rules apply in both cases However the Harvester has an optional SECOND Deal Formula which you may or may not want to use I personally use the second Deal Formula for all Harvesters which consists of more than 2 trades Harvester PATENT PENDING Start and working paramaters Symbol Primary trend EURUSD v f X F Stopon 9 11 2006 v at Operation Second trend Stop parmeters conditions Manual Stop ONLY I When stopped start Harvester ID Trend X y Trade Interval Tertiary trend 15 Number of working orders 5 IV These initial deals only IV Wait for next trends synchronisation IV Cost Aver Every 100 IV Total aggregate PIP P L 100 IV Reversal is greater than 50 IV Restart on next Trend Signal I Trend Signal is changed IV Go to Triggering state opposite trend Load Recommended Strategy Deal Formula doubleclick to edit PIPs M Use second Deal Formula M Same as 1st Deal Formula for deals more than Don t harvest over below Start Price Don t harvest between Start Price and first open deal Safe zone 30 I Do not start this Harvester if signal or trigger comes between 50 PIPs from Start Price Add Edit Delete Details Offset Hew ID Symbol Oper Formula EURUSD EURUSD EURUSD EURUSD EURUSD EURUSD EURUSD EURUSD EURUSD Trend Tren
55. t we might see average price moves of only 15 25 pips Similarly on a 15 min chart we might see moves of maybe 20 35 pips It would therefore not make any sense to enter 5 orders with a 15 pip trade interval here because a 75 pip move in one direction would be highly unlikely That is not to say that it won t happen from time to time but on the average it is unlikely Let s play the conservative averages and let s not get greedy So as a general rule the number of trades we select for each Harvester depends on the previously set up Trade Interval the volatility of the currency we re trading and the expected move on a given time frame where on short term time frames we might want to cover a price move of a maximum of 15 35 pips get our quick profits and get out while on the swing time frame depending on the currency pair we might want to cover a price move of 30 to perhaps even 80 pips We will trade less because the trend signal changes less often but we can make a larger average profit per trade Finally using a longer term trend signal might warrant covering price moves of 75 pips and even more You will be trading less often but again there is a greater prospect of a larger average profit If you think about it this only make sense So let us quickly summarize this section 1 In Short Term trading using the combination of the Trade Interval together with the Number of Working Orders try to cover a 15
56. tighter stop loss After all the second deal formula only kicks in after the first so we already have some profits bag In the last section 10 BEST HARVESTER STRATEGIES I will be utilizing the second deal formula to a great extent 8 Harvester List Window So there you have it We have set up a complete Harvester now it s time to add it to the Harvested list by clicking on the ADD button Immediately the new Harvester is given its own ID number so that it can be distinguished from all the other Harvesters we might have running simultaneously If we decide that we d like to edit a running Harvester we must MANUALLY stop it first edit it and re start it again It is not possible to edit a running Harvester 35 Harvester PATENT PENDING Start and working paramaters Stop parmeters conditions J Details Symbol Ask Trig Move I Manual Stop ONLY Offset Price StoplD LimitlD JEuRUSD 3 II Stop on 9711 2006 gt at Operation Current Price I When stopped start Harvester ID Buy bad Total aggregate PIP P L 100 than 50 Trade Interval ic M Reversal is greater M Festa Number of working orders Upper range r lt I These initial deals only Lower range Load Recommended Strategy r Deal Formula doubleclick to edit 37250 T 15 12 3 1 3 IV CostAver Every 100 PIPs A Deal Formule V Same as 1st Deal Formula for deals more than I Don t harvest over below
57. to 35 pip price move and using a properly set up deal formula which we discussed earlier try to make a 30 to 70 pip profit 26 2 When Swing trading cover a 35 75 pip price move to make 70 to 150 pips 3 Trading Long Term you can cover a price move of 75 to 250 pips to make 150 to 500 pips in profits sometimes more Harvester PATENT PENDING Start and working paramaters r Stop parmeters conditions Details Symbol Primary trend Manual Stop ONLY Offset Price StopID LimitlD Status EURUSD v M I Stopon 9 5 2006 v at Operation Second trend I When stopped start Harvester ID Trend v 480mn Trade Interval Tertiary trend 20 120min v Number of working orders I Total aggregate PIP P L T Reversal is greater than Restart on next Trend Signal F Trend Signal is changed 4 I Go to Triggering state opposite trend I These initial deals only Load Recommended Strategy r Deal Formula doubleclick to edit IV Wait for next trends synchronisation MV CostAver Every 100 PIPs I Use second Deal Formula V Same as 1st Deal Formula for deals more than PIPs from Start Pri I Don t harvest over below Start Price be eed E e Don t harvest between Start Price and first open deal Safe zone me I Do not start this Harvester if signal or tris bet rigger comes between rer Ei TER Harv ID Symbol Oper Formula Interval Prereg Aver Price J t 19
58. trend I Manual Stop ONLY Offset Price StoplD LimttD Status o z E Stopon 9 11 2006 v at Operation Second trend I When stopped start Harvester ID Trend x y Trade Intervali Tertiary trend 15 Number of working orders I Trend Signal is changed IV Go to Triggering state opposite trend IV Total aggregate PIP P L 100 IV Reversal is greater than 50 IV Restart on next Trend Signal I These initial deals only Load Recommended Strategy Deal Formula doubleclick to edit I Wait for next trends synchronisation I Cost Aver Every FIs Use second Deal Formula I Same as 1st Deal Formula for deals more than Don t harvest over below Start Price Birsiiom ates bres Don t harvest between Start Price and first open deal Safe zone PO I Do not start this Harvester if signal or trigger comes between rar Dette Harv ID Symbol Oper Formula S Price Interval Prereq Status Aver Price Note 4 t ra 3 EURUSD Trend 3 2 15 T 6 4 3 2 5 EURUSD Trend 3 2 25 T 9 7 3 2 5 EURUSD Trend 3 2 35 T 12 9 3 2 5 EURUSD Trend 3 2 50 T 12 9 3 2 5 EURUSD Trend 3 2 60 T 15 10 3 2 5 Triggering 0 5 mim trend 35 pip Triggering 0 15 mim trend 50 pip a Stop All Triggering 30 mim trend 70 pip Triggering 60 mim trend 100 pi Triggering 120 mim trend 125 Triggering 180 mim trend 150 Triggering 240 m

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