FAQ

Answers to the most popular questions

What is FAQ?

A frequently asked questions (FAQ) list is often used in articles, websites, email lists, and online forums where common questions tend to recur, for example through posts or queries by new users related to common knowledge gaps.

Questions about our Expforex.com

1What is this site and what will I find here?
This site was developed to support trading programs in the MetaTrader terminal.
On this site, you will find complete instructions and documentation for our programs developed by the Expforex team.
2Who you are?
We are a team whose main developer is Vladislav Expforex.
We have more than 15 years of experience in the trading market and the MetaTrader terminal.
We have created more than 100 original developments and completed more than 5,000 custom programming (Freelance)
Our programs are popular all over the world.
We have over 1000++ reviews. Welcome and read About us

About us

Information about us, our achievements and our trading expert advisors and utilities.

Questions about MetaTrader

1What is the MetaTrader trading terminal?
Client Terminal MetaTrader is a part of the online trading system. It is installed on the trader's computer and intended for:
  • receiving quotes and news in the online mode;
  • performing trade operations;
  • controlling and managing open positions and pending orders;
  • conducting technical analysis;
  • writing expert advisors, custom indicators, scripts, and functions in MetaQuotes Language (MQL);
  • testing and optimizing trading strategies.
Reliable online information is necessary for deciding to trade. For that, quotes and news are delivered at the terminal in real-time mode. Based on online delivered quotes, it is possible to analyze markets using technical indicators and line studies.
Expert advisors are allowed to work off the routine of observing markets and their own positions. Moreover, to ensure more flexible control over positions, several order types are built into the terminal.
You can read about Help about MetaTrader

All about MetaTrader

Read our articles about the MetaTrader terminal

Questions about Education and Trainig

1Will you teach me how to trade?
Unfortunately, we do not provide training for working in the trading market.
We are developers of trading utilities and assistants for MetaTrader.
You can read the tutorials in our Training section

Basic trading rules

You can study publicly available materials on the trading terminal and the trading market

Questions about trading expert advisor

1What is a trading expert advisor?
A Forex expert advisor (EA) is an automated system that monitors the Forex markets and provides signals when trading opportunities are identified.
2What is a Indicator?
Forex indicators are chart overlays that can help you identify signals and trends in the market based on patterns that have been tracked over time and calculated mathematically.
3What is a trading utility?
Trading utilities are assistants and additional tools to improve and facilitate work in the trading market. Utilities do work and perform functions that humans cannot do on their own.
4Can I download your program for MetaTrader?
Yes, you can download and install any of our programs for FREE!
Explore our Downloads section
5On which account can I use your free program?
You can use free trading utilities and experts (EA) on any account (real or demo) without time restrictions. It's absolutely free.
6On which account can I use your demo version of the program?
You can use our demo versions on a demo account without restrictions.
You can also use our demo version of the program on your real account on the USDJPY currency pair.
7How can I install your program in the terminal?
You can read our detailed instructions on “How to install an expert advisor (EA) in the terminal”.
8How to properly test a trading expert in the terminal?
9The adviser does not work. An advisor is installed on the chart, but it does not trade. The smiley doesn’t smile.
You need to allow the advisor to trade and enable the Autotrading button  AUTOTRADING .
Only after this will the advisor be able to trade. 
If YOU use my advisors, then on the  EAPADPRO  control panel, you can read the reason why the advisor is not trading. Reasons for failure of the advisor to work 
If the advisor smiles but does not trade, there are several reasons:
  1. The signal has not yet arrived; the advisor needs more time to open a position based on the signal. 
  2. The advisor tries to open it but receives an error from the server. You need to find out the cause of the error. To do this, open the advisor’s journal and look for messages with a red circle. Possible reasons why the advisor receives an error and solutions

This question is searched for in the following terms:
  1. the advisor doesn’t smile
  2. the advisor does not trade
  3. why is the advisor not trading?
  4. what is needed for an advisor to trade correctly
  5. MT4 advisors do not work
10I want to trade with your advisor, but I can’t find instructions on the parameters.
Each of my advisors contains complete instructions for use and setup.
We make the instructions as complete as possible.
Recently, we have added instructions to almost all of our Expert Advisors. 
In the BLOG Articles – Our Advisors section, you will find instructions for our advisors. Description of parameters, examples of use, and video instructions. 
This question is searched for in the following terms:
  1. advisor’s instruction
  2. advisor for forex, step-by-step instructions
  3. How to set up an advisor
  4. Expert Advisor input parameters
  5. extern input
11What is Magic (Magic Number) Magic or MagicNumber?
MagicNumber is the passport of any expert.
-1 means that the advisor monitors all magicians ( MagicNumber ). 
My advisor only monitors the currency pair ( Symbol ) on which it is installed. 
For example, The advisor is set to EURUSD and MagicNumber = -1; this means that the advisor monitors all positions on the EURUSD currency pair ( Symbol ).
If you change the MagicNumber, new positions are opened with a new MagicNumber. The advisor only monitors the set magic number ( MagicNumber ). 
Changing magics ( MagicNumber ) on different symbols ( Symbol ) does not make sense. The advisor only monitors the currency ( Symbol ) on which it is installed. 
If you want the advisor to work in different directions, then yes, you can specify different magics ( MagicNumber ):
  1. First chart EURUSD ONLY BUY> Magic ( MagicNumber ) = 1
  2. Second chart EURUSD ONLY SELL> Magic ( MagicNumber )= 2
  3. Third chart EURCHF ONLY BUY> Magic ( MagicNumber ) = 1
  4. Fourth chart EURCHF ONLY SELL> Magic ( MagicNumber ) = 2
  5. Fifth chart GBPUSD ALL> Magic ( MagicNumber )= -1
12What are the values ​​in the parameters in points or pips?
In points! The item is taken from the value of the  Point ()  variable
  • If you have a 5-digit or 3-digit broker, then 1 point = 0.00001 0.001 – 

Respectively, if you set parameter 155:
  1. then it will be 155 points or 0.00155 (if the currency pair has 5 characters)
  2. or 0.155 (if the currency pair has 3 digits) 

  • If you have a 4-digit or 2-digit broker, then 1 point = 0.0001 0.01 – 

​​​​​​​Respectively, If you set the parameter 155:
  1. then it will be 155 points or 0.0155 (if the currency pair has 4 characters)
  2. or 1.55 (if the currency pair has 2 digits) 

Remember: you set the number of points/pips / millipoints / points that you need. 
You write the value (in the field) that you need on a particular broker.
There is a lot of debate about what a point is and what a pip is.
We have universal values ​​(Point = Pips).
These values ​​are equal to the values ​​of your broker. 
All parameters of any of our advisers are calculated in the parameter that your broker server issues in the  Point variable.
Point
Returns the size of the current instrument in the quote currency. double Point(); Return value The value of the  _Point variable, which stores the size of the current instrument in the quote currency.

Questions about purchasing trading advisors and licenses

1How to buy your trading utility for MetaTrader?
2What license do I get?
By purchasing our program on the mql5.com website, you acquire the right to use it.
All intellectual rights to programs, program files, and documentation on the site belong to Vladon Expforex.
3How many real accounts i can use ?
You can install Expert Advisor on an unlimited number of live accounts.
But you should realize that each copy of the trading terminal uses CPU power and RAM. Each terminal downloads trading history and uses internet speed.
The more terminals are open, the slower the speed of new quotes.
Trading foreign exchange on margin carries a high degree of risk and may not be suitable for all investors. Please be careful and cautious.
4How many computers can I use?
You can install the program on 10 computers (Home computer, VPS server, work laptop, additional laptop, etc.).
5License and Activations This is important to know!
Each license allows you to use the purchased Expert Advisor for 10! Computers without limits on accounts and terminals.
This is necessary for the user to be able to install an Expert Advisor on a home computer, laptop, work computer, or VPS.
If your computer is subjected to a modification of “PC accessories” (HDD, SDD, Processor, Windows), then the activation disappears.
10 licenses (activations) are enough to use an advisor
6Can I sell my licenses?
Sale, resale, or transfer of a license for our program is not possible!
By reselling our program, you are violating the rules of the mql community and the expforex.com site! Also, when you transfer your username and password, you lose your activations, and you will not be able to use our program in the future. You will have to buy a new license.
7I want to get the open source code of the program.
The program is distributed "As is" with closed compiled code. Transfer of open source code and sale of open source code of the program is prohibited.
8Are the updates free?
Yes, all updates to our programs are absolutely free. If you purchased the full version of our program, you can install all updates for free from the terminal.
You can read more in the article "How to buy?"
9Can I rent your trading utility?
Yes, you can rent the program for a certain time (1 month / 3 months / half a year / 1 year).
Then, you will be able to use the program for a certain time.
You can also install a trading expert advisor or utility on up to 10 computers with no limit on the number of trading accounts!
10Can I download a demo version of Expert Advisor before purchasing?
Yes!! You can download any trading expert advisor or utility from our website absolutely free.
11Can I check the version? On which accounts does the demo version work, and for how long?
Yes, you can test any program on a demo account or a real account without time limits! 
All my demo versions: Expert Advisors downloads
I allow you to test my program for free on a demo account on any trading symbol! I also allow you to test my program on a real account, on the USDJPY currency pair! 
  1. Demo account: You can test the operation of my program on a Demo account on any symbol before purchasing.
  2. Real account: You can test my program on a real account on the USDJPY symbol before purchasing.
12Can I cancel my purchase? I made a mistake!
You can cancel the purchase only if you did not install the program after purchase!
Before you buy our program, I highly recommend downloading and installing the free version!!!!
13Can I get a refund?
No. Refunds are prohibited by market rules.
You can download the program free of charge to test the performance of Expert Advisor or Utility.
The profitability of any Expert Advisor is not guaranteed. You should be aware of all the risks associated with currency trading.
14What is the difference between the Paid version and the Demo version?
No differences.!!!
The demo version is the same as the full version. The only limitation:
  • On a real account, the trading advisor will only work on the USDJPY currency pair.
  • On a demo account, you can test our trading utility without restrictions on any trading symbol!

After checking the functionality of our utility, you can purchase the full version! ​
15Do you test your programs on a real account?
Yes, All programs have been tested on real and demo accounts! We have been developing trading utilities for over 15 years!
Example: Trade statistics for our Expert Advisors
The profitability of any Expert Advisor is not guaranteed. You should be aware of all the risks associated with currency trading.
16Is it possible to make a profit trading Forex?
The Forex market is a complex financial structure. Making a profit is a very complex and long process.
We cannot guarantee that you will make a profit in the Forex market. It is very dangerous, and you could lose all your money.
Therefore, We recommend using a demo account to learn market trading skills.
17Do you have set file?
We publish detailed instructions and documentation on the program's external parameters. Also we have Video tutorials about Expert Advisors.
We also create information and examples of how our program works. We develop universal trading advisors and trading utilities for the Forex trading market.
For any program to work, you must independently configure the trading utility to suit your requirements!
18I have an error, how can I solve the problem and report the error to you?
You can read our article "How to get log files" and write to us on our program page in the "Discussion" or "Comments" section.
19I like your program, I want to leave a review!
Thank you for your opinion. We are very pleased when you write us comments and reviews about our programs!
20Which broker do you recommend? Which account should I open?
  • For the MetaTrader terminal advisor version, I recommend   Recommended Brokers 
  • For an account with a deposit of more than $1000, I recommend the account type PRO Standart or ECN PRO
  • For an account with a deposit of less than $1000, I recommend the account type PRO Cent or ECN PRO
  • Leverage 1:100 or higher

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