The EA works as a grid trading system and it’s not a hedging trading system.
A grid trading system works best at a ranging market. This kind of trading style does not like a trending market.

Note:
The Grid Specialist EA is available now and you get an additional license special for the EA.
So you can run it in a separate account if you want.

Grid Specialist EA

Grid Specialist is an aggressive grid trading, you need a sufficient margin to sustain the temporary drawdown.
We test the Grid Speciliast EA at 5 different currency pairs: CHFJPY, EURAUD, EURCHF, EURUSD, USDJPY.
The EA has been increasing our account from $10,000 to 29,773 in 6 months.

Our current Forward test Report:

For Detail Statement from April 2009 to June 2009 with the account start at $13,410: CLICK HERE

For Detail Statement from May 2009 to November 2009 with the account start at $18,341: CLICK HERE

The cut losses above because we run EURAUD and CHFJPY (these currency pairs has been proven not to be a suitable currency pair).

Current Setting:

Start Equity: $13,000 at IBFX
Risk Setting: Aggressive (Risk:5 with Equity Protection set to 25%)

Our Current Forward Test:

Best Currency Pairs to Trade

CLICK HERE to DOWNLOAD The Best Currency Pair Analysis from our forward test.

Based on on our forward test and our analysis data from June 2009 – November 2009 above, the best currency pairs are:

1. USDJPY
2. EURUSD
3. EURCHF

These 3 currency pairs has been proven to make a continuous profit with maintain the drawdown below 10%.

Since we receive a lot of similar questions, from time to time we add the answer at this page, it will reduce our time answering similar questions and provide more trading support.

We divide the Q&A below into several sections:

A. COMMON QUESTIONS

1. My Forex Bling crashed when I attach the EA on the chart.
2. I don’t receive the login ID & password. How to get the new one ?
3. I saw the EA trades in your account. Why don’t I get any trades in my account ?
4. Why can’t I backtest Forex Bling ?
5. What is the current setting that you use in your forward testing ?
6. Why do the Thunderstorm EA and  Grid Specialist EA not in my package ?
7. Do you have suggestions which EA & currency pairs I should use ?
8. How do I set the correct Broker_OffsetHour ?
9. How many accounts can I  use using Forex Bling ? Can I use ForexBling in several demo account ?
10. I change broker. How to update my live account ? Do I need to subscribe again?
11. What is the latest Forex Bling version ? How do I update it ?

B. EVOLUTION EA

1. What is the best currency pairs for Evolution EA?
2. How to turn of other currency pairs in Evolution EA if I only want to run EURUSD ?

C. FREEDOM EA

1. Why do I receive message “Wrong TimeFrame please set on M15″ although I already change to M15 timeframe ?
2. Why do I receive message “No Optimized data for this pair, please refer to manual guide for correct setting” ?

D. FRACTALS-WIZARD EA

1. Why my Fractals-Wizard EA show losses but your account still show making profit ?
2. How do I run Fractals-Wizard EA at demo account ?

E. THUNDERBOLTS EA

1. Why does Thunderbolt EA open 5 positions at one time ?
2. Why does my Thunderbolt EA in my demo account open positions all the time (24 hours)  ?
3. What is the correct trading time for Thunderbolt EA ?

COMMON QUESTIONS:

1. My Forex Bling crashed when I attach the EA on the chart.

Almost of the crash problem has been solved with our new DLL. Please download the new DLL in our member area.
The zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL).

First, you need to install your MT4 folder OUTSIDE Windows Program Files or Document and Settings folder.

You can install at new directory
i.e:  C:\MT4\Your MT4 folder\

Then you need to take attention to two new parameters:

Use_MT4Folder_Below set to TRUE then   Fill Your_MT4_Folder with your current MT4_Folder.
It should be something like C:\MT4\Metatrader 4 Alpari UK

You need to input the folder location without “   ” sign.

This is correct:  C:\MT4\Metatrader 4 Alpari UK
This is NOT correct: ” C:\MT4\Metatrader 4 Alpari UK” => do not include ” ” in the folder location
This is NOT correct:  C:\MT4\Metatrader 4 Alpari UK\terminal.exe   => do not include terminal.exe

If you specify the folder location correctly, you Metatrader platform should never crash again.

Also please download the FOREXBLING INSTALLATION CHECKLIST and follow the 6 check list. It will solve most of the crash problem.

2. I don’t receive the login ID & password. How to get a new one ?

The first thing you need to do is Check your SPAM Folder. We always send the login ID & password, but sometimes it arrived in your Spam box.
To issue a new login ID & password:
- Go to our member area locate at: http://www.forexhope.com and select Member Area Menu.
- At the login page, select Forget Password.
- Fill your email address (the one that you used to purchase Forex Bling).
- Check your email address and your spam box.
Note: Your login id is your email address.

3. I saw the EA trades in your account. Why don’t I get any trades in my account ?

Mostly this problem that we detect on many clients, because you have an ECN Broker (Market Order broker) like FXCM.
For ECN Broker, you need to enable parameter ECN_MarketOrder = TRUE before the EA can trade on your account.
If you don’t know if your broker is an ECN or not, please consult your broker first.
But if you do not get any trades for several days, try set the ECN_MarketOrder = TRUE first.

4. Why can’t I backtest Forex Bling ?

EA cannot be used to backtesting due to synchronizing process with our server.
We make adjustment through the parameters according to the market conditions, so the current parameters that being downloaded from our servers may not suitable with past market.

If you need to know Forex Bling result in the past, follow the link below:

http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

5. What is the setting that you use in your forward testing ?

We will publish the settings for each EA inside our Forex Bling in our forward test, through the link below:

http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

6. Why do the Thunderstorm EA and  Grid Specialist EA not in my package ?

If you read our sales page below point no3, we already wrote:

(*) Due to our schedule, Thunderstorm EA and Grid Specialist EA will be delivered in October 2009. Members who purchase before October 2009 will get additional
30-day subscription.

We need to focus to Forex Bling installation support to the current EAs, before we add more expert advisors into your package.

7. Do you have suggestions which EA & currency pairs I should use ?

Although you can run Thunderbolt EA in EURUSD and USDGBP;  Evolution EA in EURUSD , USDJPY and USDGBP; Freedom EA in 10 currency pairs.
Running too many currency pairs will not make additional profit and it will be difficult to monitor.

You can one of the following currency pairs for each EA:

SCLAPING (with Risk= 3 to 5) :
Thunderbolt EA: 1st choice: EURUSD – 2nd choice: GBPUSD

TREND FOLLOWING (with Risk= 0.2 to 0.5) :
Freedom  EA: 1st choice: AUDUSD – 2nd choice: EURJPY

BREAKOUT (with Risk= 0.2 to 0.5) :
Evolution EA: 1st choice: EURUSD – 2nd choice: GBPUSD
FractalsWizard EA: 1st choice: EURUSD – 2nd choice: EURGBP

If you run ForexBling at NFA broker (that prevent long and short positions from one currency pair being opened  together in 1 account), our recommendation currency pairs for each EA:

You can also combine Forex Bling with your own favorite EA.
For example if you like our Thunderbolt EA or Fractals Wizard EA, you can use these EA only with other EA’s that you already have.

8. How do I set the correct Broker_OffsetHour ?

To set parameter Broker_OffsetHour, you need to know how many hours the difference between GMT time and your broker time.

If you want to know what time the GMT right now:

http://wwp.greenwichmeantime.com/info/current-time.htm

If you want to  know what time your broker server time:

Open the Market Watch (Ctrl+M). At the corner above of Market Watch window you will see your Broker Server Time.

Example how to set Broker_OffsetHour for Thunderbolt EA:

The correct trading time for Thunderbolt EA is: two hours/day as soon as New York market closed.
New York’s market close at 20:00 (GMT)

For more information when New York market close, go to this link:
http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

This is the example how to set Broker_OffsetHour at Alpari Broker:
The New York market close at Alpari server time at: 22:00 (2 hours ahead GMT).
So set: Broker_OffsetHour = 2

9. How many accounts can I  use using Forex Bling ? Can I use ForexBling in several demo account ?

You canuse ForexBling in 1 live account and several demo account. And you can change your live account number at any time.

To use ForexBling in demo account, first fill your Live account or any number at:

Your Active License [for SUBSCRIBER only]
FOREX BLING _________

Then when you run a demo account, fill the REGISTERED_ACCNUM parameter inside the EA with the number you filled at Your Active License[for SUBSCRIBER only] section.

10. I change broker. How to update my live account ? Do I need to subscribe again?

You do not need to subscribe again as long as you only use Forex Bling to one live account.

To change your live account number:
Login into Forex Hope Member Area locate at: http://www.forexhope.com
Select Member Area menu, and login using your email address and password

Then change your Live account at:

Your Active License [for SUBSCRIBER only]
FOREX BLING _________

11. What is the latest Forex Bling version ? How do I update it ?

The latest Forex Bling version is 909C (available in our member area).
The update contains fix on the error message box and additional Percentage_EquityUsed parameter.
You can save your setting first (.set and .tmp); before installing a new version.
Then download, unzip and replace all files (EA, directory and indicators) and restart your MT4.
If you have an open position, the EA will automatically continue to manage it.

EVOLUTION EA:

1. What is the best currency pairs for Evolution EA?

Based on our forward testing, the best currency pairs is EURUSD. Then follow by GBPUSD.

2. How to turn of other currency pairs in Evolution EA if I only want to run EURUSD ?

Open the EA properties then set FALSE to Trade_USDJPY and Trade_GBPUSD parameters.

FRACTALS WIZARD EA:

1. Why my Fractals-Wizard EA show losses but your account still show making profit ?

Based on the report that has been sent to use, most common problem is your broker allow the minimum lot-size is 0.1, not 0.01.
Please check your trading history and check if your trades show all trades using the same account size (i.e 1.0).

Fractals-Wizard should open two different lot-sizes using High Volatility trades and Low Volatility trades.

If your trades only show 1 lot-size for both High Volatility trades and Low Volatility trades will cause losses at your account.

You can open the Comment section at your trading history to know which ones are High Volatility trades (B-trade) and which one are Low Volatility trades (S-trade).

2. How do I run Fractals-Wizard EA at demo account ?

DO NOT fill your demo account at:
Your Active License [Only for Demo Account - by Invitation]

Instead fill your Live account or any number at:
Your Active License [for SUBSCRIBER only]
Then when you run a demo account, fill the REGISTERED_ACCNUM parameter inside the EA with the number you filled at Your Active License[for SUBSCRIBER only] section.

FREEDOM EA:

1. Why do I receive message “Wrong TimeFrame please set on M15″ although I already change to M15 timeframe ?

This problem has been solved in the new version (Sep 10, 2009).

Please download the new version from our member area.
The new zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL).
Then restart your MT4 platform.

2. Why do I receive message “No Optimized data for this pair, please refer to manual guide for correct setting” ?

Freedom EA current version works with the following currency pairs:

EURUSD, GBPJPY, AUDJPY, EURJPY, GBPUSD, USDCAD, AUDUSD, USDCHF, USDJPY, NZDUSD

You DO NOT need run all currency pairs above. Running too many currency pairs is not effective.

We run our FREEDOM using 5 currency pairs below:
EURUSD, USDGBP, USDCHF, USDJPY, AUDUSD and EURJPY

Based on 6 months forward test, we found that the best 2 currency pairs are: AUDUSD and EURJPY

THUNDERBOLT EA:

1. Why does Thunderbolt EA open 5 positions at one time ?

Thunderbolt EA open 5 positions at one time but the closing method is different.

Consider it as a diversification. Other than open 1 position = 1.0 lot-size, the EA open 5 positions 0.2 lot-sizes.

If you don’t like the EA open too many positions, you can decrease it by setting the Agressive_Level (default=5) parameter to  lower value.
(i.e. Agressive_Level=3 if you want the EA open maximum 3 postions at one time).

2. Why does my Thunderbolt EA in my demo account open positions all the time (24 hours)  ?

The problem only happen in demo account at some broker, although it doesn’t happen in Live account.
This problem has been solved in the new version: Thunderbolt909b.ex4

Please download the new version from our member area.
The new zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL). Then restart your MT4 platform.

3. What is the correct trading time for Thunderbolt EA ?

The correct trading time for Thunderbolt EA is: two hours/day as soon as New York market closed.

Right now New York’s market close at 20:00 (GMT)

For more information when New York market close, go to this link:
http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

You need to set the Broker_OffestHour correctly.

This is the example how to set Broker_OffsetHour at Alpari Broker:

The New York market close at Alpari server time at: 22:00 (2 hours ahead GMT).
So set: Broker_OffsetHour = 2

Note:
If you want to know what time the GMT right now:
http://wwp.greenwichmeantime.com/info/current-time.htm

We have been working almost a year in Forex Bling program.
And for the past 5 months, we show our forward performances which made every month.

I finally got the time to write some description about our Forex Bling program.

Please download our Exclusive Report with Complete Trading Record for each of the trading system inside Forex Bling program.

Download Forex Bling Exclusive Report.

Click at the Report picture and save the Pdf file into your computer.

We also have Forex Bling interview and some new tutorial videos.

Thank’s to Mr. Bruce Muir from Expertadvisorfx.com who conduct the Interview.

I hope you like the interview video above….