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

Transcription

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. You can follow the news and get more information on our website: crypto trader 1.7 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: 3

4 a) Enter your in the field Client Login. 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 next you need select instrument for trading from the list: Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash. 6. Next 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 5

6 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. HOW TO SET UP MULTI CURRENCY TRADING SETTINGS AND TRADING IN THE BITCOIN, ETHEREUM, LITECOIN, RIPPLE, BITCOIN CASH CURRENCY In new version of software was added the ability to trade multiple currencies Bitcoin, LiteCoin, Ethereum, Ripple, Bitcoin Cash. Now you have even more opportunities for arbitrage trading in crypto currencies. At the same time, you can trade at once for five different crypto currencies of your choice. The balance for the chosen crypto currency will be displayed automatically in the trade table. It is also possible to exchange crypto currencies directly from the program by clicking on the buy / sell buttons. At any time you can transfer the balance from one Crypto currency to another. How to set up? 1. Find folder where software was installed and copy it: C:\ W e s t e r n p i p s C r y p t o Trader Create new folders in Descktop for trading different crypto currency at same time: Copy main folder to desktop and renamed folder to WCT BTC if you want trade Bitcoin Copy main folder to desktop and renamed folder to WCT ETH if you want trade Ethereum Copy main folder to desktop and renamed folder to WCT LTC if you want trade Litecoin Copy main folder to desktop and renamed folder to WCT XRP if you want trade Ripple Copy main folder to desktop and renamed folder to WCT BCH if you want trade Bitcoin Cash 6

7 3. Next open each folder and create Shortcuts for each currency folder (find Westernpips Crypto Trader 1.7.exe file and right-click Send to Desktop (create shortcut) If you done all right you will see in your desktop Shortcuts for start software for each crypto currency pairs. 7

8 Important: POLONIEX exchange not support trading via one API key same time in different flows. So you need trade only one crypto currency at same time in same PC. Please Not Start 5 software copy at same time. If you want trade in all currency pair at same time, you need use different API keys and different VPS for this. 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; Minimum Lot Size BTC Headquartered in Republic of Seychelles BitMEX is a cryptocurrency derivatives trading platform, a derivatives exchange that offers leveraged contracts that are bought and sold in Bitcoin. BitMex is a Bitcoin BTC leverage trading platform. BitMEX only accepts Bitcoin deposits. BitMEX only allows traders to deposit, hold and withdraw bitcoin. BitMex stands for Bitcoin Mercantile Exchange. Available languages: English, Chinese, Russian, Korean, Japanese. BitMEX only handles Bitcoin. All profit and loss is in Bitcoin, even if you re buying and selling altcoin contracts. BitMEX does not handle fiat currency. BitMEX allows trading with a high amount of leverage. Owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity. - BITFINEX; Minimum Lot Size BTC Headquartered in China - Hong Kong The largest and most advanced cryptocurrencies exchange. Bitfinex is a cryptocurrency trading platform, owned and 8

9 operated by ifinex Inc. which is headquartered in Hong Kong and registered in the British Virgin Islands. - BITSTAMP; Minimum Lot Size BTC Headquartered in EU - Luxembourg First fully licensed bitcoin exchange in the EU. Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits and withdrawals. The company was founded as a European-focused alternative to then-dominant bitcoin exchange Mt. Gox. While the company trades in US dollars, it accepts fiat money deposits for free only via the European Union's Single Euro Payments Area, a mechanism for transferring money between European bank accounts. Deposits via credit cards or wires incur a fee. - BITTREX; Minimum Lot Size BTC Headquartered in China - Hong Kong 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. Bittrex is a US-based cryptocurrency exchange headquartered in Seattle, Washington. The company was founded in 2013 by Bill Shihara and two business partners, all of whom previously worked as security professionals at Microsoft. The exchange is the thirteenth largest cryptocurrency exchange by daily trading volume, is renowned for the vast number of cryptocurrencies it has listed, and has a good reputation for its security. Bittrex is not a regulated exchange under US securities laws. - LIQUI; Minimum Lot Size BTC Headquartered in Ukraine - Kiev Liqui exchange are headquartered in Kiev, Ukraine. Small exchange with good latency opportunity. - OKCOIN; Minimum Lot Size BTC Headquartered in China - Beijing OKCoin is the leading global bitcoin exchange. Secured with bank-level SSL encryption and cold storage. Distributed servers for high-speed bitcoin trading. OKCoin is a digital asset trading platform providing spot trading services between the US dollar, Euro, and Japanese Yen as fiat currencies, and Bitcoin, Litecoin, Ethereum and other digital assets to customers around the globe. OKCoin Exchange China operated a CNY/BTC spot pair with margin trading from its Beijing entity, while OKCoin International operates a USD/BTC spot pair with margin trading and BTC/USD futures from its Singapore entity. At the moment, the head center of OKCoin is located in Beijing, with a staff of more than 140 people, about half a dozen specialists from abroad. - POLONEX. Minimum Lot Size BTC 9

10 Headquartered in USA - Wilmington, Delaware US-based digital asset exchange offering maximum security and advanced trading features. This a US-based digital asset exchange offering maximum security and advanced trading features. Trade securely on the world's most active digital asset exchange. The vast majority of customer deposits are stored offline in air-gapped cold storage. Poloniex only keep enough online to facilitate active trading, which greatly minimizes risk and exposure. Poloniex auditing programs monitor exchange activity 24/7/365. Their job is to report and block any suspicious activity before it becomes a problem. Any funds you put into the exchange are only used to facilitate trading through traders account. Unlike banks, Poloniex do not operate on fractional reserves. - BINANCE Minimum Lot Size BTC Headquartered in China - Hong Kong Binance is a cryptocurrency exchange in China. History: CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info as the third member of the cryptocurrency wallet s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets. The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September By March 2018 the company had established offices in Taiwan. As of January 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion. In March 2018, allegations were made that Binance, along with OKex and Huobi, were fabricating up to 92.9% of the trading volumes on their platforms. Commenting on the study, author Sylvain Ribes said "I found ridiculously massive discrepancies between exchanges. Not the kind that can be easily hand-waved away, but the kind that can only be explained by some figures being overstated as much as 95%.[4] Following this, Binance announced its intentions to open an office in Malta after stricter regulations in Japan and China.[5] In addition, Binance plans to move to Jersey to expand its European influence, having achieved a exchange license there, and plans to add fiat pairs including the Euro and the British pound to its supported currencies. - CEX Minimum Lot Size BTC Headquartered in UK London CEX.IO is a cryptocurrency exchange and former Bitcoin cloud mining provider. As an online digital currency exchanger, CEX.IO offers trading cryptocurrency for fiat money, such as USD, EUR, GBP and RUB. The exchange charges 0% to 0.25% commission on trade operations, according to the Maker-Taker fee schedule.the list of cryptocurrencies introduced on the platform includes Bitcoin, Ether, Ripple, XLM, Bitcoin Cash, Dash, Zcash, and Bitcoin Gold - HITBTC Minimum Lot Size 0.01 BTC Headquartered in EU- London 10

11 HitBTC is a leading European bitcoin exchange which provides cryptocurrency trading services to institutionals, merchants and individual traders worldwide. The trading platform was founded in late 2013 and is under operation of Ullus Corporation. HitBTC provides trading operations for the most popular digital currencies (BTC, LTC, DOGE, QCN, NXT, FCN, BCN, and XMR) and prevailing fiat currencies (EUR, USD). For fiat deposits/withdrawals within the European Union, SEPA transfers are available and wires from other countries are accepted as well. HitBTC declares it's main focus on implementing cutting-edge technologies to cryptocurrency trading. The core matching engine is stated as the most advanced technological product in its class. It implements real-time clearing (T+0 settlement), advanced order matching algorithms and has been acclaimed for its fault-tolerance, uptime and high availability. - HUOBI Minimum Lot Size BTC Headquartered in China Beijing Huobi (Chinese: 火币网 ; pinyin: Huǒbìwǎng) is a Singapore-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, Korea, Japan and the United States. In August 2018 it became a publically listed company in Hong Kong through a reverse takeover. After its founding in 2013, Huobi become one of the largest cryptocurrency exchanges in China. Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals and shut down its Chinese website, but continued operating overseas as "Huobi Pro", a Seychelles-registered company. Huobi China continues to operate as a blockchain consulting and research platform. As of March 2018, Huobi processed around US $1 billion in trades daily 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. (only for some exchanges need enter API key and Secret key for get quotes). 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. 11

12 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. 12

13 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. 13

14 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. 14

15 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. 15

16 "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 Signal " 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. 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. Piramiding and Martingale: In new version software was added the function of pyramiding (martingale) for adding positions in case of signal expansion to several levels. To activate this function, you need to tick mark and select the type of pyramiding you need. "Line" - linear pyramiding in three stages without increasing the lot. The algorithm of the program at a given level of Open Signal will open transactions on a pair of exchanges and further with a further increase in the signal will add new positions on the levels Level 1, Level 2, Level 3. "Progression" is a classic martingale algorithm with an increase in the lot at each successive level. "Advance" - pyramiding martingale for your personal settings. 16

17 How piramiding function work? Trading and orders 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. 17

18 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. Technical log and how to find and fixed errors in your software In new version software was added a technical log, allowing you to track the actions of the program and all requests made at the opening and closing of transactions. This will quickly identify possible errors and technical problems both on the client side and on the side of the exchange. Important! When you find that software can`t open order in some exchanges or can`t get balance, min lot size, bid, ask prices you need check technical log of software 18

19 1. Find folder where software was installed and copy it: C:\ W e s t e r n p i p s C r y p t o Trader 1.7 \ T e c h L og In this folder, you will find a folder with the current date and next you need find exchange name where errors was finded: Open file with exchange name and check error code: This error mean that you enter not valid API key! Or you not add your IP to White list! This main error that can do our users. If you can`t fixed error yourself, please contact us and send you technical log arhive. Our support team will check it and solve all problems. 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

20 EXPERT ADVISOR NEWEST PRO CRYPTO BOT 1.7 HOW TO INSTALL EXPERT ADVISOR IN METATRADER 4 1. Install and run the terminal Meta Trader 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 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 20

21 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 21

22 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. 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 22

23 9. Add EA Westernpips Newest PRO Crypto Bot 1.7 Classic to M1 chart and enter settings here 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 23

24 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) 24

25 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" 25

26 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 26

27 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 >>>" ModeOfQuotes UseSymbCode Select from list false The selected data feed agent from the list 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 = false; 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 false 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; 27

28 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 false 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 = false; Can use only when AvtoShiftBid = false; 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 28

29 NEW ALGORITHM!!! AvarageSpreadUse TradeByPendingOrders true false 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 =false in Instant Execution (STP) brokers. For order Buy will use Buy Stop orders. For order Buy 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; Mb - 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. 29

30 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 false false 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 false 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; 30

31 NEW ALGORITHM!!! CloseWhenPriceEqual false CloseOrderDelay 0 CloseTimer 0 DisableFixTP DisableFixSL false false 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 31

32 LotsCountSet="Lots Count: 0-Balanse; 1-Equity" LotsCount 0 LotsSignalPower false MaxLossOnDepositInPersent 10 MaxProfitOnDepositInPersent 0 MaxLossOnDepositInUsd 0 StopTradingIfUnprofitableOrders false 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 false 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 32

33 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 false false 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 false 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 false 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). 33

34 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 false 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 false spread is more than the MaxSpreadOpen value false MinSpreadClose 1 MaxSpreadCloseUse MaxSpreadClose false 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 false false 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

35 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 false 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 = false, 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

36 UseTimer StartHour StartMinutes StartSeconds StopHour StopMinutes StopSeconds hours, use the Advisor false 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

37 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 =

38 CONTACT US The company Westernpips Group positions itself in the market as a high-tech company with its algorithmic systems, advanced IT infrastructure, large-scale developments and a wide range of various services. The programs is one of the main information products of the Company. Our team of highly qualified programmers is developing software for the Forex market and CFD`s as well as for the crypto currency market. Our software combines the largest liquidity providers (quotations) at the moment, and is a unique development of our specialists, created specifically for arbitrage trading with a lot of tools for arbitrage on Forex, CFD`s and crypto currencies that help you earn. Westernpips Group is one of the few companies that provide fast data feed directly from exchanges. As a result, our customers receive the fastest, most reliable and accurate quotes. Many large institutional traders rely on Westernpips Group's software in their arbitrage trading. WP group develops the most profitable trade systems in the Stock and Forex Exchange. Today HFT trading is one of the most popular, highly profitable and risk-free systems of trade. The Westernpips Group software has come a long way from the idea of arbitrage trading to the present day. More than ten years of hard work, constant updates and improvements. In new versions, 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 Forex market, CFD`s and the crypto currency market. We have expanded the list of trading platforms and stock exchanges for arbitration. Now you have even more chances to find a good broker and to break the jackpot. SKYPE TO: westernpips.com westernpips group.westernpips OFFICIAL WEB PAGES: TO: westernpips.group@gmail.com westernpips@gmail.com NEWEST PRO 3.7 EXCLUSIVE AUTHORS AND DEVELOPERS: SERGEY B. & SVETLANA B. WESTERNPIPS VICTOR M., SERGEY M. AND OTHERS FROM WESTERNPIPS GROUP Copyright All Rights Reserved