Strategy 3 | Sell Trend Using | The Best Forex EA

A step-by-step screen-recorded tutorial by Alan Solarsh showing how to set up a Forex Expert Advisor (EA) on MT4 for selling (short) trades on EURUSD using the M15 timeframe. Key actions: open two EURUSD charts, set both to M15, verify the trend is below the 8 EMA/ATMA, attach the EA to the second chart and set position mode to 'Short only', enable Live Trading/DLL/External Experts, load or create an Inputs preset, compute lot size from real capital (exclude deposit bonuses) via a linked calculator (example: 0.03 on a micro account), set magic numbers (2020 for buys, 2021 for sells), save presets, and trigger a lot-size change to 0.01 when the second candle opens above the 8 EMA to switch strategies (ahead of video 2).
Questions this video answers
EURUSD on M15 timeframe.
8 EMA (referred to as ATMA; shown as a red and white dotted line).
Short only.
Allow Live Trading; Allow DLL import; Allow import of External Experts.
Buy (bars/longs): 2020; Sell (shorts): 2021.
Chapters
Alan Solar here, the passive income guru in this video tutorial explains to you how to use the EA and make exponential growth.
Right? So the first thing you're going to do is you're going to log into your VPS server.
So please pause the video.
Please go and log into your VPS server.
Now, once done, you can come back.
To this video and resume the video.
So what you're going to do is you're going to open up €2 US dollar charts. I presume you know how to do that. If you don't, you can just right click on EUR US dollar and you can just click on Chart window and then right click on EURUS dollar again and click on Chart window again twice. And that should open €2 US dollar charts.
So please pause the video. Go and do that.
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What you're going to do is you're going to click on the tab at the bottom here and you can click on M15 and then you're going to click on the other tab over here and then you're going to click on M15.
So please pause the video.
Please make sure that both charts are on M15.
Once done, you can come back to.
This video and resume the video.
Now what you're going to have to do is you're going to need to check where the currency is in relation to the 8 EMA. So you'll need to do that on your phone. So let's just go and check that out right now. Right. So as you can see, the trend is below the 8 EMA. If you don't know what the ATMA is, you need to go through my Learn to read a Forex chart course. Learn how to set up your MT4 according to the way I've set up my chart. That way you'll know exactly what the ATMA is. So this is the ATMA over here. It's the red and white dotted line. As you can see, the candle is below the 8 EMA. So the setup of this strategy is critical and you need to do it right from the beginning, otherwise you could lose money here. So it's below the atma, which means that we're in a cell. So what we're going to do is we're going to set up our charts for a cell. We're going to teach each chart, each one of these charts here is going to be a different is going to open different trades. So the first chart is going to be bar trades. Okay? Or, or Longer. Okay, B is before S for short or sell. So that will be chart one. So that's how you're going to remember it. The first chart is your buy or your long trades and your second chart is your short or your sell trades. Okay, so we're going to click on the second chart. Okay, so please pause the video, go and analyze the direction of the currency and then you can determine if you're going to be doing a buy or a short. Okay, so right now as you can see, the currency is short. So we're going to be opening only the EA for placing short or sell trades. Okay, so what you're going to do is if you already have the EA attached to your chart, what you can do is you can just right click and you can click on Expert Advisors and then Properties. If you don't have the EA already attached to the chart, you can then just double click on the on the EA and the chart and the EA will open. So I'm just going to right click.
And I'm going to go Expert Advisors.
And I'm going to go to Properties.
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So at any time that this video is going too fast, you can just rewind the video and just repeat the steps, right? So the first thing that you need to do is you need to click on the comments tab.
So please pause the video.
Please go click on the comments tab.
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Now if your EA window has opened like this, you can just hover your mouse over the blue horizontal line until your mouse becomes a diagonal line with two arrows, you can left mouse click down and just drag the screen window down so that you can see all the information.
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So over here, in this positions area here, there is an arrow with a drop down menu and you're going to click on short only.
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Please make sure that allows allow.
Allow Live Trading is clicked, Allow DLL import is clicked and Allow import of External Experts is also clicked.
So please pause the video.
Please go and do those steps.
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Now please click on the Inputs the inputs tab. And then if you already have a preset saved, you can just click on load and you can click on.
You can click on the preset that has got your, your, your preset saved. Okay? So whatever it is that's got your license in it.
So please pause the video, please go.
And do that step.
Now, once done, you can come back.
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Now, over here in the section where it says your, your lot size, you now need to calculate what lot size you need to, you need to apply here. And, and how you do that is you must use the equity that you have. So if you're hedged and let's say you've put in $10,000 and $5,000 is involved in hedges, then you've only got $5,000 free capital. So the settings that you're going to be using is for $5,000. So I've got $5,703. This is a micro account. And I'm going to now go to the calculator to go and work out my lot size. And now if you applied a 100% bonus when you deposited your funds to your account, then your equity will be inflated. So if you, let's say you deposited $2500 capital and you applied the 100% bonus, then your equity is going to read $5000. But you don't have $5000, you only have $2500. So when you set up your lot size according to the calculator, you must use only your capital that you invested, excluding the 100% bonus. So above this video is the link to the calculator. So please click on the link above this video, go to the calculator, and let's go and work out your lot size.
So please pause the video, go and click that link.
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Right? So in the calculator, I'm going to put in there my capital size, I'm going to put in, click the Enter button and as you can see the lot size, the correct lot size for my equity, the available equity in my account has now been calculated.
So I'm now going to go back.
To my VP, my VPs, and I'm going to plug in there 0.03. So just make sure that it's 0.03, not 0.0.3. So remember that I'm working on a micro account. If you're working on a sent account, please use this section over here. Okay, so please pause the video, please go and do that step.
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Now in the magic number here section, please change this magic number to 2021. Okay, your bars are going to be 2020, your cells or your, your, your, your shorts. The magic number is going to be 2021.
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Please go and do that step.
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There's nothing else to do here except click on ok, just one more step. What you can do is you can save this preset. So I would save it as cell 0.03 2021. Now you know that this is for your, for the new strategy that you're going to be using. And then you can click on save and then you can click on ok and then the preset has been saved.
So please pause the video.
Please go and do those steps.
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Right, so now that the EA has been set up, what will happen is, is now to see the end of this chart you can click on over here, this little arrow over here and the, the bars will now be moved to the left. You can also add your template. But if you do add your template, you'll need to reset up your ea. So I'm going to show you that now. So I'm going to add my template, load template and on the desktop is the templates. So load, load, template and then go to desktop and then on the desktop is the Allen chart. And as you can see the EA has been removed. So we'll need to reload that ea. So we just double click on the ea, we click on load and we go and find that preset that we created. It didn't save. So we'll just use this preset over here and then we'll Change this to 0.03 and then we will check everything is we'll change the magic number to 20202021 and then we will save.
And we will say 2021 0.03.
And then we will just kick off over here and click on save and then click on ok. And as you can see now the.
There is a smiley face in the top right hand corner of my of my chart. And then a sell trade has been opened.
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Right, so now if you do have a few trades open, I what I would recommend is you just close out those trades in a loss and let's start the new strategy off properly. Don't worry about the loss. You're going to make plenty money to cover that loss. And let's start the strategy off correctly from the beginning. And now when what's going to happen is as follows. So I've just made a little picture for you to better understand.
What you need to be doing. So right now we're in a cell and that's the EA that you set up for the currency going down. Now when the currency reverses, this is when you need to be taking action. And this is what I want to show you right now. So it's not the first candle that opens above the atma. So this is the atma. If you don't know what the ATMA is, you need to go through my forex. Learn to read a forex chart. There's the link on the screen. Now highly recommend that you go through that. Otherwise you won't know what I'm talking about and what my lines are on the chart. When I'm showing you when the when the trend is going to reverse. So how will you know that the trend is going to reverse and how you know that the trend is going to has reversed is when the second candle has opened above the atma. So the red and white line is the atma. This is the first candle that's opened above the atm. As you can see, I've done it in red, which means that it's a warning not to trade yet. And the when the second candle opens above the atma, that is when you will then pause, change your lot size to 0.01 on on your sell bottom and you'll go on to video number two, which is the exciting part of where you're going to be making exponential growth. So please remember that when the second candle opens above the 8 exponential moving average, you will change your lot size on your cell EA to 0.01. Okay? And then you'll go on to video two. So where is the cell EA? Just remember that the cell EA is chart number two. Remember I said you B buy which is the the long which is before S or short. So this is the buy B meaning the first tab one and short sell which is chart number two. So you click on your chart, you right click on on the chart, you click on expert advisors, you click on properties and then over here to the server rebooted. And that's why I've had to reset this up again. You would change this over here to 0.01 and then you can save this preset. So let's do that let's go sell.
2021 0.01 so now you know that this is going to be your preset that you're going to use when you are going to.
Change your lot size down to 0.1 you can save it and then I'm not going to click OK because I want it still to be selling at 0.0 at 03 so I'm just going to click on cancel. So now you know which chart to to to be changing the lot size on when the trend changes to go in a north direction. Cool. So look out for video two when the trend changes hop onto the training website, go and watch video two, follow the instructions and let's scalp the market all the way up to the top and your sell trades will carry on buying or rather carry on opening trades in the cell direction and you'll make money in an exponential fashion which is really really exciting. So go watch video 2 when the trend changes and.
Follow those instructions.
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