Braintrading System Metatrader Edition.pdf

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BrainTrading® System 7
BrainTrading® System 7.0
Manual
Version 7.0
MetaTrader Edition
BrainTrading®
Solutions
BrainTrading® Solutions
© Copyright 2006 by BrainTrading, Inc. All rights reserved
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CONTENTS
I. Welcome to BrainTrading System
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II. General Trading Rules
3
III. Getting Started
3
IV. Installation Procedures
4
V. Setup Procedures
4
VI. BrainTrading System Error Messages
12
VII. How To Use BrainTrading System
12
VIII. Money Management
33
IX. General Exit Rules
36
X. How to use Alerts Module
37
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I. Welcome to BrainTrading System
Congratulations! You have just purchased one of the best selling trading software on the market.
BrainTrading System provides 100% computer-generated buy/sell/exit signals. Signals are precise and timely
for both real-time or end-of-day market data. No more guesswork in trading.
With many years of collective feedback from BrainTrading System users worldwide and continuous endeavor
in research, we have now brought the BrainTrading System to a new level of excellence. The new BrainTrading
System version 7.00 is now available for MetaTrader Platform.
II. General Trading Rules
Outline:
Buy at strength and sell at weakness
Be more than willing to take small losses
Be more than willing to switch positions
Stick with the big trend till BrainTrading System says to exit
Always place stops immediately after entering a trade
Only move stops in the desired direction
Turn your mental power into profit
III. Getting Started
A. Requirements To Run BrainTrading System
Computer with Minimum Requirements:
Intel compatible 500 MHz CPU computer
64 MB RAM
10 MB free hard disk space
Win95/Win98/WinNT/Win2000/Win2003Server/WinXP
Platform Requirements : MetaTrader by MetaQuotes Software Corp.
B. Getting Familiar with Your Platform
Before install BrainTrading System, please make sure that Windows, MetaTrader are installed and running
properly and you are familiar with the following topics:
1. Installing new indicators.
2. New “Chart Window” setup.
3. Receiving real time data.
4. Inserting indicators to a chart
5. Formatting indicators
The above six topics are basic and essential for using MetaTrader and BrainTrading System. If you have
any questions about these issues, please read the MetaTrader help or call MetaQuotes Software Corp.
technical support lines . MetaQuotes Software Corp. also provides on-line support at
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IV. Installation Procedures
You may find BrainTrading Software and MetaTrader Platform installation instructions in ‘ Installation.pdf
file.
IMPORTANT: One license of BrainTrading System can only work at one specific computer. You may
not transfer BrainTrading System to another computer. Make sure which computer to use before doing
this installation.
V. Setup Procedures
Following topics are designed to help you for a quick start. By no means they can replace the MetaTrader
Users’ Manual or their online help. If you have further questions, you may refer to MetaTrader help.
1. How to open a chart.
To create a new chart press the button New on the main panel (or click the main menu File --> New Chart) and
choose the right currency. Or click with a right mouse key in the Market Watch window on necessary
instrument and pick Chart Window :
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2. How to change Chart Time Interval.
MetaTrader has several periodical chart formats: M1, M5, M15, M30, H1, H4, D1, W1. You can switch from
one to another by clicking buttons on the panel, through the menu Charts -> Periodicity or by clicking on the
proper chart with a right button and choosing in the menu Periodicity.
3. How to change from one instrument to another.
To change from one currency pair chart to another, click on the desired instrument at Market Watch tool bar and
drag to the chart window.
4. How to change Type of chart.
To switch the type of the chart (Candlesticks, Bar charts or Line chart) use buttons on the main panel, menu
Charts or by clicking Alt+1 , Alt+2 , Alt+3 .
5. How to enable/disable automatic Scroll of chart.
Check/Uncheck ‘Scroll On/Off’ button at main panel:
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