Activating
Fedora
FX
in
your
MT4


There
are
2
VERY
important
rules
that
you
must
follow
in
order
for
Fedora
FX
to
work
correctly.




Fedora
FX
is
not
your
average
EA.
This
was
built
by
professional
traders
using
fibonacci
methods

and
at
times
may
require
manual
intervention
for
optimal
performance.






NOTE:
When
back
testing,
you
MUST
USE
visualization
mode
due
to
the
complexity
of
the
EA,
if
you

see
a
losing
trade,
try
back
testing
slowly
over
that
time
period
to
verify
the
loss.



1.

The
chart
time
frame
MUST
BE
1
HOUR


2.

The
time
at
which
you
turn
on
the
EA
is
important.



a.

You
want
to
do
the
following
in
order
to
have
Fedora
FX
start
correctly.


i.

Turn
on
your
Period
Separators.

This
can
be
done
by
going
to:
Tools
in
the
menu


bar
>
Options
>
Then
clicking
on
the
“Chart”
Tab



1.

Make
sure
the
check
box
for
“Period
Separators”
is
selected.


Before
clicking
the
Expert
Advisors
button
on
the
tool
bar
to
start
the
Fedora
FX
EA,
you
must
wait
until

there
is
a
1‐hour
candle
open
on
the
dashed
line.
This
represents
the
beginning
of
a
new
24‐hour
period.





View
Diagram
below:
NOTE
the
white
arrow.



By
having
all
our
Fedora
FX
users
follow
this
rule,
we
can
accommodate
all
brokers’
time
frames.




If there are no open trades at Friday’s close, turn the EA off, and reactivate it on the next week’s
Monday period separator. If a trade is open, leave EA on until it is closed. Reactivate EA on Monday’s
period separator. Repeat this process weekly.

VPS is highly important with the Fedora FX EA. If your computer or platform is restarted during the
day, you cannot just turn the EA back on at any time, as it will automatically draw a new Fib based on
the last high and low from the last immediate 24 hours, and not the 24 hours in the last period, where
it was drawn.

For this reason, we highly recommend setting up a VPS account with Forex VPS. We have a link on
our site for this service.








WE
ALSO
HAVE
VIDEOS.
Please
go
to
http://www.fedorafx.com
and
click
on
tutorial
videos.



Our
recommended
Leverage
is
based
off
of
our
live
forward
and
backs
testing
and
is
as
follows:




1
micro
lot
per
$200,
1
mini
lot
per
$2000,
and
1
standard
lot
per
$20,000.

This
would
be
5:1
leverage

We
do
show
more
aggressive
settings
in
our
back
test
to
show
potential
earnings,
but
ultimately
it
is
up


to
you
on
your
comfortable
leverage/risk
appetite.




IMPORTANT
NOTE:
The
settings
in
the
EA
are
default
for
5
decimal.

This

is
why
you
will
see
a
take
profit
value
of
100.
IF
YOU
ARE
ON
4
decimal

brokers
remove
one
“0”
from:
Hedgetakeprofit,
LockPipsThreshold,
and

LockPips
parameters
in
order
to
work
correctly.






Example:


$200
account
size
‐
Start
with
1
Micro
lot.


$2000
account

‐
Start
with
1
Mini
Lot.

$10000
account
–
Start
with
5
Mini
Lots.


If
you
would
like
to
change
settings,
here
is
what
the
following
parameters
represent:




Fedora
is
default
coded
for
a
5
decimal
broker
because
5
decimal
pricing
has
become
increasingly

prevalent
in
Forex
Broker
firms.
If
you
have
a
4
decimal
Broker,
you
must
change
pip
settings
in
your


inputs
as
such:




Hedgetakeprofit:
from
100
to
10,
or
the
take
profit
you
want
in
4
decimal
terms

LockPipsThreshold
from
50
to
5

Lock
Pips
from
20
to
2




Back
tests
vary
when
changing
these
settings.
We
have
found
good
results
with
the
default
settings,
and


also
with
a
take
profit
of
20
pips
and
50
pips,
when
you
change
the
threshold
to
10
pips
and
the
lock
pips

to
5
pips.




Method
Hedge
1
–
This
is
where
the
first
trade
goes
in
based
on
the
Fibonacci
level
and
stochastic.

This

number
can
be
adjusted
but
the
stochastic
levels
have
to
line
up
correctly
for
the
trade
to
enter.




Method
Hedge
2
‐
If you change this to 100, it will get in on a trend reversal trade at the 100 fib level if
stochastic line up. It can win on these trades on our high probability stochastic setting, but if it does not win
right away, it can cause a glitch. If you leave that input at 1000, it will not get into a trade at the 100 levels so
you don’t have to worry about it. We watch that level closely in case it does not win immediately, and close the
trade out manually. If you are not watching and anticipating the 100 level trades, we recommend leaving
the setting to 1000.







Method
Hedge
3
‐
This
is
retracement
fib
level
where
the
current
order
will
take
a
stop
loss
and
a

reverse
order
will
be
entered.

This
number
can
be
adjusted.

*For
example‐‐
If
the
number
is
lowered
to


38,
the
current
trade
will
close
and
place
a
reverse
trade
at
the
38
percent
Fibonacci
level.





Hedge
Lots
Multiplier:
This
value
represents
the
martingale
strategy
of
how
much
to
increase
the
lot

size.
For
example:
if
set
to
2
the
system
will
multiply
by
2
and
so
on.





Hedge
Take
Profit
–
This
is
an
adjustable
take
profit
mark.

The
default
is
set
on
10,
but
can
be
adjusted.




Hedge
Lot
–
This
is
your
lot
size.

Recommended
at
absolute
maximum:

5
minis
on
$10,000.

Any
higher

and
you
are
getting
very
risky.




Max
Hedge
Allowed:
5
­
This
is
the
maximum
amount
of
times
the
EA
will
put
martingale
trades
in
at


double
the
previous
lot
size.
It
is
set
to
5
by
default,
but
depending
on
your
lot
size
and
risk
appetite,
you

can
adjust
this
number.
In
our
9‐year
back
test,
the
EA
never
went
past
the
4

th


martingale
entry
or


drained
an
account
with
our
recommended
settings.




Lock
pips
enabled
True/False,
this
is
set
to
true
by
default
as
we
lock
in
pips
without
broker
knowing.




Lock
pips
Threshold
=
5,
this
is
set
to
a
5
pip
profit
for
locking
in
pips.




Lock
pips
=
2,
this
is
how
many
pips
are
locked
in
at
5
pip
profit











Fedora
FX
does
NOT
hedge.
This
is
an
internal
reference.



This
information
should
be
all
you
need
to
enjoy
the
benefits
of
Fedora
FX.


Our
advice
to
you
is,
once
the
EA
is
running
‐
DO
NOT
stare
at
the
screen.
It
will
make
you
want
to
pull
the

trade
out
early;
you
need
to
trust
the
system.





Fedora
FX
has
a
hidden
stop
loss
system.
So
stop‐loss
hunting
can
be
avoided.
The
S/L
is
based
on
the

Fibonacci
levels.
They
can
range
from
10
–
50.
If
Fedora
FX
does
hit
a
stop,
it
represents
a
reversal
on
the

Fibonacci,
and
the
EA
will
place
a
trade
to
negate
the
initial
loss.


You
can
also
follow
along
with
our
live
account:


http://fedorafx.mt4stats.com

You
can
use
this
tracking
site
to
compare
our
trade
entries
to
ours.


Thank
you
for
using
Fedora
FX.
Contact
information
is
below.






Fedora
FX


[e-mail]

PH:
(407)
572‐6256


http://www.fedorafx.com

DISCLAIMER:

Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss
and is not suitable for every investor. Risks include the potential that changing political/economic
conditions may substantially affect the price/liquidity of a currency. Investors may lose all or more than
their original investments. The impact of such events is already factored into market prices. The leveraged

nature of FX trading means that any market movement will have an equally proportional effect on your
deposited funds and may work against you as well as for you. In no event should the content of this
correspondence be construed as an express or implied promise or guarantee from Fedora FX or Holland
Global Trading that you will profit or that losses can or will be limited in any way. Loss-limiting strategies
such as stop loss orders may not be effective because market or technological conditions may make it
impossible to execute such orders. Past results are no indication of future performance. Information
contained in this correspondence is intended for informational purposes only, was obtained from sources
believed to be reliable, but is in no way guaranteed.