USER GUIDE WESTERNPIPS CRYPTO TRADER 1.7. Bitcoin Arbitrage Trading Software & Crypto Bot

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1 USER GUIDE WESTERNPIPS CRYPTO TRADER 1.7 Bitcoin Arbitrage Trading Software & Crypto Bot Westernpips Group

2 WESTERNPIPS CRYPTO TRADER 1.7 ABOUT WESTERNPIPS CRYPTO TRADER 1.7 The company Westernpips Group presents a completely new product for the fastest growing and popular today's cryptocurrency market. The software Westernpips Crypto Trader 1.7 and EA Newest PRO Crypto Bot was created with the purpose of consolidating quotes from all the largest cryptocurrency exchanges, analyzing the received quotes and automatic conclusion of transactions on these exchanges. A large number of cryptocurrency exchanges gives unlimited bitcoin arbitrage opportunities for applying classical bitcoin arbitrage between these exchanges. Cryptocurrency arbitrage situations arise constantly and the opportunity to bitcoin earning on this now exists with our customers. Now Westernpips clients have a chance to use fast data feed from most popular cryptocurrency exchanges in Metatrader4/Metatrader5/cTrader terminals in special expert advisor Newest PRO Crypto Bot. The strategy of automatic trading includes the algorithm of classical arbitrage. At your choice in the program are implemented the most popular today crypto currency exchanges BITFINEX, BITSTAMP, BITTREX, BITMEX, GDAX, KRAKEN, POLONEX, LIQUI and others. New exchanges will be added regularly, so we can add any new crypto currency exchange at your request. You can start trading both with one pair of exchanges on the minimum amount of lots, or use all the stock exchanges available in the program. We have developed a unique interface that allows you to make multi leg arbitrage trading - that is, comparison and made arbitrage trading between all available exchanges. Much more bitcoin arbitrage opportunities for latency arbitrage trading will give you the function of importing quotes from crypto currency exchanges directly to the Meta Trader4 / Meta Trader5 / ctrader terminals. Quotes come directly from the Crypto- Currency Exchanges using API connection technology and this gives an advantage in speed ahead of Forex terminals. Expert advisor Newest PRO Crypto Bot 1.7 will trade automatically on the received quotations and your settings. 2

3 INSTALLING AND STARTING THE PROGRAM WESTERNPIPS CRYPTO TRADER 1.7 CUSTOMER IDENTIFICATION: HOW TO OBTAIN A LICENSE To access the program you need a login and password. First you need to install the programs on your VPS or computer (it's better to use a dedicated server or VPS). 1. Run the program installation file Westernpips Crypto Trader 1.7 Install.exe; 2. When the installation is complete, a shortcut appears on the desktop, start it; 3. The login form will start where you need to enter your and send a request for license registration at the first time in the Client Login field by clicking on the "SEND APPLICATION" button and when further starts simply press the "LOGIN TO CRYPTO TRADER" button; 4. To register a new license, you must:: a) Enter your in the field Client Login. 3

4 b) Click "Send Application" c) If the license registration request was successful, you will see a message Once our administrator has approved your request, you can enter the program with your new login. Requests for license registration are processed from 1-3 days. You can also contact our customer support and speed up the process of license activation. Skype: group.westernpips westernpips.group@gmail.com d) If you see another error message on the screen, contact us to resolve the problem. How to change your login if you forgot it or changed the IP or VPS server A license is created for a particular VPS or a computer that is bound to an IP address, and you can not use the same user name from another location. First of all, write a request to westernpips.group@gmail.com with a request to delete your old login. Once the administrator deactivates your old license, you will need to send a request for registration of a new license. Requests for removal and registration of the license are processed from 1-3 days. You can also contact our customer support and speed up the process of removing and activating the license. License replacement is free of charge at the request of the client. 4

5 5. If your license is active, you will see the main window of the program Westernpips Crypto Trader 1.7. When you start the program for the first time, you will not see a part of the information, because you need to set the configuration settings for connecting to crypto currency exchanges. Automatic trading will also be available only after you open accounts on the desired exchanges, top up them and enter information about API keys and Secret in the program settings. Read more... 5

6 CONFIGURATION OF THE PROGRAM WESTERNPIPS CRYPTO TRADER 1.7 SETTINGS AND TRADING IN THE CRYPTO OF CURRENCY EXCHANGES, CONNECTION SETTINGS The current version of the program is connected to the largest exchanges for the bitcoin trade today: - BITMEX; BitMEX - Bitcoin Mercantile Exchange is a P2P crypto-products trading platform. - BITFINEX; Bitfinex is the world's largest and most advanced bitcoin auto trading platform. - BITSTAMP; First fully licensed bitcoin exchange in the EU. - BITTREX; Based and fully regulated in the USA and provide individuals and businesses a world class experience to buy and sell cutting-edge cryptocurrencies and digital tokens. - LIQUI; Liqui exchange are headquartered in Kiev, Ukraine. Small exchange with good latency opportunity. - GDAX; US based digital asset exchange with trading FIX API and REST API. Easy to deposit funds with Coinbase wallet, bank transfer, wire transfer, or digital currency. - OKCOIN; 6

7 OKCoin is the leading global bitcoin exchange. Secured with bank-level SSL encryption and cold storage. Distributed servers for high-speed bitcoin trading. - KRAKEN; The best bitcoin exchange is needed for serious and professional bitcoin traders. - POLONEX. US-based digital asset exchange offering maximum security and advanced trading features. This list will be constantly expanded as the program expands and its functionality. To get quotes you just need to start the program Westernpips Crypto Trader 1.7. Quotes from exchanges will enter the program automatically, you do not need to register an account on the exchange. For automatic trading, you will need to open accounts on those exchanges where you plan to trade and get the API key and Secret in your personal account on the website of each exchange. Write down and save this data. 7

8 It is necessary to activate the trading API for the API key, to obtain a balance, to obtain additional information (when creating a key, to set all possible checkboxes so that there are no errors in the atomic trade from the program). Also, some exchanges require you to bind IP addresses. Some exchanges are not available for trade with certain countries. Therefore, it is best to use VPS in London (UK). After you successfully registered on the exchange and received the API key and Secret, this data must be entered in the program Westernpips Crypto trader 1.7. To do this, press the "EXCHANGE SETTINGS" button and then click "OK" to save the settings. 8

9 When the connection settings to the exchanges are set correctly, you will see them in the program information table, as well as in the control panel of exchanges in the form of buttons with the names of each exchange. We tried to make an intuitive interface, so that even a beginner could easily understand it. Add and delete active exchanges in one click. If you want to add a stock exchange to the table, click on the button with the name of the stock exchange. Green buttons are active exchanges added to the table. Gray buttons are inactive, excluded from the stock exchange table. Inactive exchanges do not take part in automatic trading. All those exchanges that are in the list of information tables are feeling in the algorithm of comparing quotations and automatic trading. Automatic trading is started by pressing the "START" button. Also in the information table you can see your balance in dollars and bitcoin, as well as the minimum lot in bitcoin to start trading. Here, the current quotes for all exchanges are displayed and the quotes are compared to identify arbitrage situations. Current signals are highlighted in different colors. You can also make a purchase or sale directly from the program on the stock exchange. This is very convenient when you need to exchange part of the balance from bitcoin to dollars or vice versa. 9

10 A little bit about the arbitration strategy. For work, you need to keep your money in two wallets in bitcoin and dollars in half. You should always have enough money to exchange the required lot volume on the BTC purse and USD purse. The minimum volume of the lot for exchange on each exchange is its own, in the information table of the program you will be able to find this information and choose the optimal lot. Crypto currency exchanges, unlike forex, do not have leverage and the exchange is 1: 1. On some exchanges, the margin trading function is available. But we recall that for automatic trading from the Westernpips Crypto Trader 1.7 program you need to make margin trading active on the exchanges that you have chosen for trading. It is best not to use this method if you are not aware of all the risks of margin trading. For example: If you need to make a sell transaction for a pair of BTCUSD you need to sell your dollars from the USD purse and the necessary number of bitcoins will appear on your BTC purse. If you need to make a buy (buy) transaction for a pair of BTCUSD you need to sell your bitcoins from the BTC purse and the right amount of dollars will appear on your USD purse. How to start automatic trading in the program Westernpips Crypto Trader 1.7 When the connection to the exchanges is completed, you can start trading. After setting a few simple settings: lot, signal for opening and closing and other settings, you can press the Start button and the program algorithm will be started. Trade Settings: Open Signal the value of the signal to open a trade. It is calculated in points by the algorithm for calculating the current difference in prices between the two exchanges. When the difference in quotes exceeds the set value, the program will automatically open the opposite transactions on both exchanges. On one Exchange, Buy on another Exchange Sell. Amount the size of the trading lot (in BTC), the volume of BTC (bitcoin), the volume of BTC that will be exchanged when making deals. 10

11 Type Close type of signal to close the transaction. Convergence transactions will be closed when the difference in quotes between exchanges is less than the value of Close (in points); ByProfit Transactions will be closed when the total profit in USD is reached more than the value of Profit; ByHand - transactions are transferred to manual closing mode. The program will not close them until you click the Close button; Close the value of the signal to close the transaction. It is calculated in points by the algorithm for calculating the current difference in prices between the two exchanges. Режим Emulation mode - allows you to test the program in test mode at current quotes, while the program does not send requests to open and close transactions on exchanges, but simply emits their discovery. It is very convenient to get acquainted with the work of the program and the choice of those exchanges where you will trade on real money. When the signal appears, two opposite transactions will be opened on the exchanges and visually you will see them on the Active tab. Also here, information about the opening time / price, current quotes, profit and button for emergency manual closing of the transaction is displayed. The Order Status column displays the status of the execution of the request to open / close the transaction. The "Filled" status means successful execution of the transaction on the exchange. If errors occur or the exchange server fails to execute the transaction, the program will make 5 attempts in a row. If for some technical reasons, the transaction can not open / close on one of the exchanges, you will see the status with an error. This transaction must be manually deleted using the "Del" button, and also check on the stock exchange's website the possible reason for non-execution of the transaction. Very rarely it happens that at the time of sending the request to the stock exchange, the exchange is not responding. Or you have not added IP to the list of exchanges. Or you created an API key that does not allow automatic trading by API. 11

12 If the signal to close has been triggered, the program will automatically close the deal on both exchanges. All information about the actions of the program you can see in the log, here as information about the slippage and execution time of orders is displayed. The history of trading can be viewed on the History tab, the history of trades is saved and available at any time. For your convenience, the button is minimized settings, to expand the space for viewing the history of transactions, and also the button to stretch down. More detailed information about the program you can find on our website westernpips.com. Provide your life to the maximum with the new program Westernpips Crypto Trader

13 EXPERT ADVISOR NEWEST PRO CRYPTO BOT 1.7 HOW TO INSTALL EXPERT ADVISOR IN METATRADER 4 Install and run the terminal Meta Trader 4. Click Tools-Options-Advisors and then select the checkboxes. 3. Click (File) and then click (Open Data Folder). Open the folder that stores advisers, template and library dll. 4. Copy the folder Experts, Libraries, templates into the appropriate folders. 5. Restart the terminal Meta Trader 4. 13

14 6. Open m1 chart right instrument (currency pair). 7. Apply a template $Westernpips.com MT4 Templates. Tpl 8. In navigator you will find all available EAs for MetaTrader 4 4. Add EA Westernpips Newest PRO Crypto Bot 1.7 Classic to M1 chart and enter settings here 5. If you did everything correctly on the chart, an adviser with the quotes of that exchange will appear, which you specified in the settings 14

15 EXPERT ADVISOR NEWEST PRO CRYPTO BOT 1.7 HOW TO INSTALL EXPERT ADVISOR IN METATRADER 5 1. Install and run the terminal Meta Trader Click Tools-Options-Advisors and then select the checkboxes. 15

16 3. Click (File) and then click (Open Data Folder). Open the folder that stores advisers, template and library dll 4. Copy the content of EAs \ MQL5 in appropriate folders Experts, Libraries, templates. 5. Restart Meta Trader Open m1 chart right instrument (currency pair). 7. Apply a template $Westernpips.com MT5 Templates. Tpl 8. In navigator you will find all available EAs for MetaTrader 4 9. Add EA Westernpips Newest PRO Crypto Bot 1.7 Classic to M1 chart and enter settings here 16

17 10. If you did everything correctly on the chart, an adviser with the quotes of that exchange will appear, which you specified in the settings 17

18 EXPERT ADVISOR NEWEST PRO CRYPTO BOT 1.7 HOW TO INSTALL EXPERT ADVISOR IN CTRADER 1. Install and run the terminal ctrader. 2. On Tab "cbots", locate the folder that stores advisers. Right-click on any adviser, then "Show in Windows Explorer." 3. Copy adviser Westernpips.com Newest PRO ctrader to folder EAs \ ctrader 4. On the "Symbols" Open graphics m1 relevant currency pairs (tools) 18

19 6. Click on the tab "cbots". Click the + in front Adviser Westernpips.com Newest PRO ctrader. Select the currency pair (instrument name). 7. The settings window opens. Check the settings advisor. Be sure to register the name of the tool settings box "Symb". 8. Click "Apply" 19

20 9. Run adviser. Click Start cbot 10. If you did everything correctly on the chart, an adviser with the quotes of that exchange will appear, which you specified in the settings 20

21 DESCRIPTION AND SETTINGS OF ADVISOR NEWEST PRO 3.7 EXCLUSIVE GENERAL SETTINGS Here you will find a description of the general settings for all advisers. In the "Note" given the nuances of using those or other settings. Please read carefully and understand working of settings before trading. EA settings The default value Description WesternpipsSet1="<<< FAST DATA FEED OPTIONS >>>" WesternpipsSet1_1="0-Saxo; 1-Lmax; 2-CQG; 3-Rithmic;" ModeOfQuotes 1 UseSymbCode The selected data feed agent from the list: 0 - used OKCOIN fast data feed; 1 - used BITFINEX fast data feed; 2 - used KRAKEN fast data feed; 3 - used BITSTAMP fast data feed; 4 - used BITTREX fast data feed; 5 - used GDAX fast data feed; 6 - used POLONIEX fast data feed; If the name of the instrument in Meta Trader 4/5 is not different from the name of the tool of the fast data feed provider, use UseSymbCode = ; Note You can connect only to the one data feed agent from 1 chart. To connect all data feed, need to open an additional 4 charts on the same currency pair and for each graph hang Advisor settings for different data feed. This is done to conserve resources and speed the processing of quotes and trading algorithm. If the symbol in MetaTrader 4 has a prefix or suffix, need use UseSymbCode = true. For example, your broker has a symbol BTCUSDfx: "fx" is not needed. Just "BTCUSD". SymbCode BTCUSD Here you must specify the name of the symbol of the program from Westernpips Crypto Trader 1.7, for example: "BTCUSD" for POLONIEX exchange. SymbReturn This option need use only for Rithmic data feed. Some instruments here have reverse quotes. For example, CADUSD. For reverse to USDCAD use SymbReturn=true; 21

22 NEW ALGORITHM!!! AvtoShiftBid true ShiftAsk 0 ShiftBid 0 Automatic calculation of the shift (alignment) in prices between fast data feed provider and slow MetaTrader 4/5 broker feed. Shifting Ask prices relative to the Ask price of fast data feed provider Shifting Bid prices relative to the Bid price of fast data feed provider WesternpipsSet2="<<< OPEN ORDERS SETTINGS >>>"; MinimumLevel 4 MinGapForOpen 0 UseDynamicMinimumLevel DynamicMinimumLevelSpreadCo efficient 0.7 SignalMode 1 NEW ALGORITHM!!! AvtoSettings true Lag (GAP) of quotes between fast data feed provider and MetaTrader 4/5 broker feed in points at which the EA opens an order. Minimum Lag (GAP) of quotes in points at which the EA opens an order. Better use AvtoShiftBid = true for all time and instruments for get the best arbitrage signals. If you can calculate data feed Shift by manual can use ShiftAsk and ShiftBid settings. Can use only when AvtoShiftBid = ; Can use only when AvtoShiftBid = ; Advisers always counts signal with regard to spread the following formula: Entry signal = MinimumLevel + spread; Can use this option if you want control minimum gap for entry signal. For example if you will use MinGapForOpen = 6, EA never open order if gap less than 6 pips. Can use in brokers with Market Execution of orders. Automatic calculation of MinimumLevel. Spread factor for the dynamic MinimumLevel. Work within ; Signal calculation mode. In Mode 0: Sell signal is calculated by the formula: Fast Bid - Slow Bid; Buy signal is calculated by the formula: Fast Bid - Slow Bid; In Mode 1: Sell signal is calculated by the formula: Fast Ask - Slow Bid; Buy signal is calculated by the formula: Fast Bid - Slow Ask; The settings MinimumLevel, FixTP, FixSL, TakeProfit and StopLoss calculated automatically as spread coefficient (factor). This mode is used to trade the average value of the spread on For example: MinimumLevel = MinimumLevel*spread + spread; FixTP=FixTP*spread; FixSL = FixSL *spread; StopLoss = StopLoss *spread; TakeProfit = TakeProfit *spread; Better use AvarageSpreadUse =true on Market Execution brokers 22

23 NEW ALGORITHM!!! AvarageSpreadUse TradeByPendingOrders true trading instrument. The average value of the spread is calculated for the all ticks from start trading. The new feature allows you to use pending orders to trade, which makes it possible to eliminate slippage. and AvarageSpreadUse = in Instant Execution (STP) brokers. For order Buy will use Buy Stop orders. For order Sell will use Sell Stop orders. DistanceForPendingOrdersInPips 1 PendingOrdersLifeTime 1 OrdersOpenIntervalMs 0 MaxAttemptsForOpenOrder 5 Minimum distance for install pending order in pips The lifetime of a pending order. If the time is over an order is deleted automatically. The interval between open new orders in milliseconds. The maximum number of attempts to open an order. The maximum number of open NTrades 1 orders for one trading instrument. Magic 0 The magic number of the order EAComment Wpips2016 Comments advisor in the order ShowCommentsInOrder TradeSideSet 0-Both;1-Buy;2-Sell true TradeSide 0 Show EA Comments in open orders. How to decipher the comments: G - Lag quotes (GAP) in which the advisor was open to the order. Lb - Lmax Bid Price; La - Lmax Ask Price; Sb - Saxo Bid Price; Sa - Saxo Ask Price; Rb - Rithmic Bid Price; Ra - Rithmic Ask Price; Cb - CQG FX Bid Price; Ca - CQG FX Ask Price; Mb - Meta Trader Bid Price; Ma - Meta Trader Ask Price; The choice of priority directions of trade Directions of trade If EA can`t open order from first attempt (because have requotes or other error) you can use this option. Advisor will try to open the order again and again until no attempt will end. The new version adds comments in transactions, that allow knowing, the prices at which there was a signal to the input and compare them. You can calculate the slippage at the entrance to the orders: Compare the prices on which to make a deal with the price indicated in the comments to the transaction (Lb and Ma), If you see a big difference, so this broker strong slippage. It is not appropriate for trading arbitrage. If TradeSide = 1, EA will open only Buy orders. 23

24 If TradeSide = 2, EA will open only Sell orders. WesternpipsSet3="<<< CLOSE ORDERS SETTINGS >>>"; FixTP 1 Floating, invisible to the broker TakeProfit in pips. If AvtoSettings = true, FixTP calculated automatically as spread coefficient (factor) by this formula: FixTP= FixTP*spread; FixSL 3 RealFixTP RealFixSL UseFixedStopLossAndTakeProfit true StopLoss 10 TakeProfit 100 Floating, invisible to the broker StopLoss in pips. Advisers always count FixSL with regard to spread. Automatic calculation of FixTP. This feature makes it possible to get the highest possible take profit and close the position when the quote gap will be minimal, that is, take all the profit on the signal. Automatic calculation of FixSL. Enable or disable the hard protective Stop Loss and Take Profit Hard protective Stop Loss for order Hard protective Take Profit for order ShirtStopLoss Use Shirt Stop Loss in open orders. ShirtStopLossK 2 Coefficient used to calculate the short StopLoss when the mode ShirtStopLoss = If AvtoSettings = true, FixSL calculated automatically as spread coefficient (factor) by this formula: FixSL = FixSL *spread; If you use RealFixTP = true, EA will calculate FixTP automatically FixTP is calculated as the difference between the GAP when entering into a order and slippage on the this order. If you use RealFixSL = true, EA will calculate FixSL automatically. FixSL is equal to the current order slippage, if the slippage is zero, it will be used a standard FixSL If you don`t want use hard protective StopLoss and Take Profit in orders use UseFixedStopLossAndTakeProfit = true; If AvtoSettings = true, StopLoss calculated automatically as spread coefficient (factor) by this formula: StopLoss = StopLoss *spread; If AvtoSettings = true, TakeProfit calculated automatically as spread coefficient (factor) by this formula: TakeProfit = TakeProfit *spread; The formula for calculating StopLoss = Spread * ShirtStopLossK; 24

25 NEW ALGORITHM!!! CloseWhenPriceEqual CloseOrderDelay 0 CloseTimer 0 DisableFixTP DisableFixSL MaxAttemptsForCloseOrder 5 true. If you use CloseWhenPriceEqual = true, The order will be closed only when the slow broker price will catch up with the fast data feed price. The minimum duration of the transaction in seconds. If your broker prohibits transactions of less than 1 minute, set this value to 60 seconds. Then the transaction will not close within 60 seconds. Forced closure order after a CloseTimer seconds. Disable use FixTP. Disable use FixSL. Expert close orders only by TrailingStop, if TrailingStop = true; The maximum number of attempts to close an order. WesternpipsSet4="<<< RISK MANAGMENT >>>" RiskPercent 5 Lots 0.01 max_lots 10 Lot size is used as a % of the deposit Uses a fixed lot size, if the parameter RiskPercent = 0. The maximum allowable size of the lot. If you use CloseWhenPriceEqual =true, necessarily need use DisableFixTP = true for disable closing order with FixTP. If you use CloseTimer = 10, EA will close order after 10 seconds and will not wait to achieve FixTP and FixSL. If you use this option, Expert close order only by TrailingStop, if TrailingStop = true, or if VirtualTrailingStop = true, or by CloseWhenPriceEqual function if CloseWhenPriceEqual = true. If you use this option, Expert close loss order only by hard Stoploss. If EA can`t close order from first attempt (because have requotes or other error) you can use this option. Advisor will try to close the order again and again until no attempt will end. If RiskPercent = 0, EA use the fixed lot size. If RiskPercent = 95, EA will trade by maximum lot size and maximum risk. Please use minimum lot size If you are using EA first for test new broker. Some brokers use plugin that limits the size of the lot. If you exceed the lot size (for example 10 lot) automatically 25

26 LotsCountSet="Lots Count: 0-Balanse; 1-Equity" LotsCount 0 LotsSignalPower MaxLossOnDepositInPersent 10 MaxProfitOnDepositInPersent 0 MaxLossOnDepositInUsd 0 StopTradingIfUnprofitableOrders MaxUnprofitableOrders 3 Calculation mode of the lot Mode allows you to increase the size of a lot, depending on the signal. With this setting, you can control the maximum loss on account in % of the deposit at the time of start-up advisor. With this setting, you can control the maximum profit on account in % of the deposit at the time of start-up advisor. With this setting, you can control the maximum loss on account in USD. Advisor to stop trading if the maximum number of unprofitable orders on a trading instrument exceeds the specified value instant by you. The maximum number of of unprofitable orders deteriorating execution of open orders or broker includes a slippage plugin. If the value LotsCount = 0, Lot calculates from the deposit amount. If the value LotsCount = 1, Lot calculates from the equity amount. If Gap was big EA put lot size more. If MaxLossOnDepositInPersent = 0 this function disabled. If MaxLossOnDepositInPersent = 10 then Ea will stop trading after loss of 10% of equity If MaxProfitOnDepositInPersent = 0 this function disabled. If MaxLossOnDepositInUsd = 0 this function disabled. If MaxLossOnDepositInUsd = 200 then Ea will stop trading after loss of 200$ If MaxUnprofitableOrders = 3 then Ea will stop trading after continuously 3 trades will open in loss WesternpipsSet5="<<< CONTROL SLIPPAGE PLUG-IN >>>" StopTradingSlippage OrderOpenSlippage 0 Advisor to stop trading if the different between Entry Gap and order open slippage will more than FixTP pips. Slippage for open order The innovative setting which will help control the slippage of a plugin by disabling Advisor automatically and inform you that the broker uses a slippage plug-in to your account. This value is used in all order open functions 26

27 OrderCloseSlippage 0 StopTradingIfMaxSlippage MaxSlippage UseDynamicSlippage DynamicSlippageCoefficient Slippage for close order Advisor to stop trading if the maximum slippage when opening or closing the order exceeds the value instant by you in MaxSlippage set. 0 The maximum slippage for open order and close order, if slippage will more EA stop trading automatically The use of dynamic coefficient for the calculation of the slippage for open order. 1.2 Dynamic spread coefficient for the calculation of the order open slippage This value is used in all order close functions This value is used only when StopTradingIfMaxSlippage = true; WesternpipsSet6="<<< CONTROL EXECUTION PLUG-IN >>>" UseMaxOpenOrderExecutionTime MaxOpenOrderExecutionTime UseMaxCloseOrderExecutionTime MaxCloseOrderExecutionTime Using the control function at the maximum opening time of the open transaction. If this feature is enabled, EA will automatically stop trading if the execution of the order will bad (more than MaxOpenOrderExecuti ontime in ms) The maximum execution time of open order in miliseconds, when EA stop trading Using the control function at the maximum closing time of the close order The maximum execution time of close The innovative setting which will help control the execution of a plugin by disabling Advisor automatically and inform you that the broker uses an execution plug-in to your account. If this feature is enabled, EA will automatically stop trading if the execution of the order bad (more than MaxCloseOrderExecutionTime in ms). 27

28 order in miliseconds, when EA stop trading WesternpipsSet7="<<< SPREAD CONTROL TOOLS >>> MinSpreadOpenUse MinSpreadOpen MaxSpreadOpenUse MaxSpreadOpen 50 MinSpreadCloseUse Using the prohibition to open order if the spread is less than the MinSpreadOpen value 1 Minimum values of the spread at the opening of the transaction Using the prohibition to open order if the spread is more than the MaxSpreadOpen value MinSpreadClose 1 MaxSpreadCloseUse MaxSpreadClose Maximum values of the spread at the opening of the transaction Using the prohibition to close order if the spread is less than the MinSpreadClose value Minimum values of the spread at the closing of the transaction Using the prohibition to close order if the spread is more than the MaxSpreadClose value 50 Maximum values of the spread at the closing of the transaction WesternpipsSet8="<<< COMMISSION SETTINGS >>>" OrderCommissionCheck ManualComission Automatic calculation of order commission. Use in the case when your broker has a commission. You can set the size of the commission for the transaction manually, then the adviser will consider this value when opening and closing orders. If your broker use commission for the order, use option OrderCommissionCheck = true. To check the commission EA opens only one order with minimum lot size. Do not be alarmed. This will happen only 1 time

29 ComissionInPips 1 Manual set of Commission for the order Use only if in ManualComission = true; WesternpipsSet9="<<< TRAILING STOP SETTINGS >>>" UseTrailingStop TrailingStop TrailingStep UseVirtualTrailingStop VirtualTrailingStop VirtualTrailingStep Enable or disable Trailing Stop 1 Trailing Stop size in pips 1 TrailingStep size in pips true Enable or disable Virtual Trailing Stop (hidden from broker) 2 Virtual Trailing Stop size in pips 2 Virtual Trailing Step size in pips WesternpipsSet10="<<< ADDITIONAL SETTINGS >>>" ShowGraf true Enable or disable the display of all graphical objects on the screen. If you turn off the graphics reduces the load on the processor. ShowPriceLabel true Show the price label on the chart ShowAsk true Show the Ask price on NEW LOG!!! ShowLog SoundSignal UseTerminalSleepInMilliseconds true true true the chart Show the adviser log in Experts Tab Play Sound Signal when EA open and close orders This feature allows you to reduce the speed of reading the code in the EA, on which the speed code reading faster, the more powerful a server you need. When UseTerminalSleepInMilliseconds =, code reading speed is increased by 20 times, and is 0 ms. TerminalSleepInMilliseconds 20 Terminal Sleep Time in milliseconds WesternpipsSet11="<<< TIME OF TRADING SETTINGS >>>" It is now possible to control the trading

30 UseTimer StartHour StartMinutes StartSeconds StopHour StopMinutes StopSeconds hours, use the Advisor Scheduled convenient for you, or to set the start time advisor to the news. 9 Hour when EA start trading 00 Minute when EA start trading 00 Second when EA start trading 22 Hour when EA stop trading 59 Minute when EA stop trading 59 Second when EA stop trading FEATURES AND SETUP OF ADVISOR NEWEST PRO 3.7 EXCLUSIVE HEDGE This version of the adviser was invented to increase the duration of transactions, thereby circumventing the prohibition on broker transactions of less than 1-2 minutes. Algorithm locks arbitrage transactions, added parameter TimeHedge (trade duration in seconds), after this time closes opposite orders. You do not lose the spread. Everything else is the same as in the classic version. This version will help you outwit your broker and withdraw earned money on arbitration. EA Settings The defa ult valu e TimeHedge 120 Description Note Time hedging transactions in seconds When you open a transaction adviser to wait or stop profit and hedge deal. After the expiration of the lock closes TimeHedge adviser. In this version, not the values of StopLoss and TakeProfit

31 FEATURES AND SETUP OF ADVISOR NEWEST PRO 3.7 EXCLUSIVE HIDDEN This is a unique Algorithm Hidden Arbitration. Now the broker does not suspect that you are making arbitrage transactions. Transactions are protracted indefinitely, and is not used locking. Transactions camouflage each other and is a revolutionary approach to arbitrage trading. Added the new variables adviser TimeHedge and HedgePoint, which allow you to control the length of transactions and the minimum number of points, after which the transaction will be closed. EA Settings The default value Description Note Time hedging When you open a transaction TimeHedge 120 transactions in adviser to wait or stop profit and seconds hedge deal. After the expiration of the lock closes TimeHedge adviser. In this version, not the values of StopLoss and TakeProfit. The number of points When you open a transaction on which the adviser to wait or stop profit and transaction is hedged. hedge deal. After a time HedgePoint 1 TimeHedge Advisor calculates the amount of points stop and profit transactions hedge. While this value does not exceed the value HedgePoint, Advisor closes hedge. Used under a limited broker on the minimum number of points to close the deal. If the broker prohibits transactions of less than 10 points, set HedgePoint =

32 CONTACT US Website westernpips.com c 2009 to the present day is a software developer (advisors) for the market Forex (FX). Our main product - High-Frequency Robot Newest, Arbitration adviser, the principle of operation is based on the backlog (hovering) quotations. Forex Advisor Newest - unique in its kind of trading system that allows for fractions of a seconds look to the future. This is a kind of time machine in the financial market. Forex Advisor Newest Pro 3.7 Exclusive - This High-Frequency expert advisor (Arbitrage EA), the principle of operation is based on the backlog (hovering) quotations. Newest EA has come a long way from the onset of the idea of arbitration until today. More than five years of hard work, constant updates and improvements. The new version Newest PRO 3.7 Exclusive. We took into account all the nuances and shortcomings of previous versions. Now it is a professional trading system, a set of software products that allow you to cover the entire market Forex and CFD. We have expanded the list of trading platforms for arbitration. Now you have even more chances to find a good broker and hit the jackpot. SKYPE TO: westernpips.com westernpips group.westernpips TO: westernpips.group@gmail.com westernpips@gmail.com westernpips@mail.ru westernpips.asia@gmail.com OFFICIAL WEB PAGES: NEWEST PRO 3.7 EXCLUSIVE AUTHORS AND DEVELOPERS: SERGEY B. & SVETLANA B. WESTERNPIPS VICTOR M., IGOR K., SERGEY M. AND OTHERS FROM WESTERNPIPS GROUP Copyright All Rights Reserved