ACB System Installation Manual ACB System Installation Manual You should have the following folders and files in your ed package: 1. Indicators 2.Template 3. ACB Trade Assistant EA 4.Library File
Installation:
(i). In your Metatrader 4, go to Files>Open Data Folder
(ii). A new directory will open like below; you need to put your template file in the folder "templates"
(iii). Double click on the folder "MQL4”, You need to copy the system files like below:
(iv). After copying all the files to their corresponding locations restart your MT4.
(v). Open a new chart and load the ACB template like this:
(vi). If you have done it correct, system will ask for your Receipt number to your license (it's a one-time process and it will never ask for this again)
System will start working immediately after you insert your receipt number.
(vii). Congratulations, you have successfully installed the system.
Best possible way to use ACB Forex Trading Suite:
The ACB strategy always remains focused on quality more than quantity. So the number of trading signals can be less but there are more chances to get success with them. To overcome this situation, we recommend using the ACB Trading Suite on 22 currency pairs with 5 time frames simultaneously.
Recommended Pairs to trade: EUR/USD USD/CHF GBP/USD USD/JPY USD/CAD AUD/USD EUR/GBP EURAUD EURJPY CADJPY GBPJPY AUD/NZD AUD/CAD AUD/CHF
AUD/JPY EUR/NZD CHF/JPY EUR/CAD NZD/JPY NZD/USD GBP/AUD GBP/CAD
Recommended Time Frames: M15 M30 H1 H4 Daily
How to monitor 22 currency pairs on 5 time frames together: We could have designed ACB system in such a way that so that it would be providing trading alerts on all 5 time frames using a single time frame but there can be many flaws and inconsistency using this approach and there is also a better way to achieve this. You can use separate instances of Metatrader 4 with same (or different, it’s your choice) dedicating each one to a single time frame. This is the best possible way to use ACB Forex Trading Suite. Example:
Metatrader A for M15 time frame. Metatrader B for M30 time frame. While both of the Mt4 A and B can have same trading or different. So if you want to use ACB system on all the 5 time frames then you will be required to run 5 instances of Mt4 at once. Running 5 Mt4 at the same time need lots of computer resources hence you should use a trading PC with good configuration (or VPS).
How to install different instances of Metatrader 4 with same : This is an easy task. When installing Mt4 you just need to change the installation location to a different place (different from the previous one). Once installed, you can using the same in all mt4 together. You will also need to install ACB Forex Trading Suite with each of the mt4 separately, the whole process can be seems like a trouble at first but believe me it totally worth it.