Forex Kinetics Advanced Price Action Trading System. All rights reserved

First Steps Configuration of your MT 4 terminal Installation of the trading system Attach the trading system to the chart License Records Activation of trading accounts Account Utility Tool Updating your license records Input Parameters Preset Files Chart information System information Account information List of Notifications Quick links Trading Environment Updates Contact Disclaimer Minimum technical requirements Required prerequisites Broker requirements

First Steps Configuration of your MT 4 terminal Before you install Forex Kinetics you need to configure your Meta Trader 4 terminal for automated trading. Step 1: Click at Tools, Options. Alternatively, press CTRL + O on your keyboard. Step 2: Search for the tab that says 'Expert Advisors' and click on it. Set checkmarks where stands: Enable Expert Advisors (except for Custom Indicators and Scripts) Disable experts when the account has been changed Disable experts when the profile has been changed Allow live trading Allow DLL imports Allow external experts imports There should be no checkmarks where stands: Ask manual confirmation Confirm DLL function calls

First Steps Installing Forex Kinetics on your PC, Laptop, VPS or VDS Step 1: Before you start the installation process, check if all Meta Trader 4 terminals are closed. Step 2: Execute the installation file and wait while the operating systems checks compatibility, required disk space and prerequisites. Step 3: Start the installation process by clicking on Next button.

First Steps Step 4: Read the EULA (End User Agreement) carefully. If, from what reason ever, you disagree with the EU- LA, click where stands I do not accept the terms in the License Agreement and then cancel. If you agree with the agreement, click on the Next button to continue with the installation. Step 5: Click the Browse button and specify the installation path.

First Steps The correct installation path is the route folder where your Meta Trader 4 platform is installed. It is important that you select the correct folder and path, otherwise Forex Kinetics will not be installed. When ready, click Next to proceed.

First Steps Note: If you find it difficult to find the platform folder, hover your mouse over the MT4 shortcut on your desktop. Click one time the right mouse button and then click where stands 'Properties'. After that, simply copy the path which is displayed next to 'Start in'. Paste it into the field 'Folder name:', remove the brackets at the beginning and the end and click the 'OK' button. Step 6: Click 'install' to start the installation process. If all trading terminals are closed, installation will start. Note: If not, a warning message will pop-up saying that all terminals have to be closed before you can continue. The following User Account Control message can show up: Do you want to allow the following program to install software on this computer? If it shows up, click ' and installation will continue. Step 7: After the installation is completed, click the 'Finish' button.

First Steps Attach the trading system to the chart Step 1: Open the Navigator Window (CTRL+N) and click on the *++ icon next to 'Expert Advisors'. Search for 'Forex Kinetics' and drag and drop the Expert Advisor to the chart. Double-click will work as well. Step 2: Click on the 'Common' tab and set the checkmarks as shown in the screenshot below. After that, click the 'Ok' button.

First Steps Activation of trading accounts In order to register your trading account(s), you will need to provide us by e-mail with the account number and the account name from your trading account. Please note, the provided account name/number combination needs to be exactly the same as shown in the navigator window. Otherwise, the license check will fail, and you will be not able to use the system until the license records have been corrected and updated. Account Utility Tool If you are not sure of your account name/number, you can use the built-in account utility tool. It can be found under 'Scripts' in the Navigator window. When you attach it to the chart account name, and number will be shown in a new window. To copy the information, simply press CTRL+C on your keyboard and paste the content to any text editor. Because of security and quality reasons, our staff reviews all license registration requests manually. During office hours, your request will be answered within two hours. Outside office hours and weekends it can take up to twelve hours. As stated in the End User License Agreement, only individual accounts can be registered. PAM, MAM and company accounts require an institutional license.

License Records Updating your license records If you need us to update your license records, simply send us a short e-mail and provide us with the account name/number combination of the account we should register. Note that you can use the system on up to three trading accounts. If you already registered three accounts and would like us to update your license records, you should provide us with information, which account, we should remove from the records. In case this information is missing, the oldest account will be replaced with the new account. Please note that master accounts and company accounts require a money manager license and cannot be registered if you purchased a regular license. If you need more information about the money manager license, please contact us.

Input Parameters Kinetics Factor Kinetics Factor allows you to control when the trade logic will be activated. Input can be any number between five (5) and thirty thousand (30000). Kinetics Min. Trigger Kinetics Min. Trigger is used to control the trigger level for new pending orders. Input value can be any number between one (1) and two thousand (2000). Note that the input value cannot be higher than the input value of 'Kinetics Max. Trigger'. Kinetics Max. Trigger While Kinetics Min. Trigger is used to control the trigger level for new pending order, Kinetics Max. Trigger is used to control when the pending order is canceled in case it is not executed when the set trigger level is reached. Input value can be any number between one and two thousand. Note that the input value needs to be higher than the value of 'Kinetics Min. Trigger'. Trend Trading Mode It can be set to 'true' or to 'false'. If set to 'true' orders only directional orders (trend following) will be placed by the system. If you set it to 'false', only counter trend orders will be placed. Money Management It can be set to 'true' or to 'false'. If set to true, Forex Kinetics will calculate the lot size based on the value 'Risk per trade' and 'Trailing Stop Loss'. As an example: If your actual account equity is ten thousand USD, 'Risk per Trade' is set to 2,00 (two percent) and value of the input parameter 'Trailing Stop Loss' is 10,00 (ten pips), the lot size of the next trade will be 2,00 lot. In case the trade will be stopped out, the loss will be two hundred USD. (2% of the account equity) If it is set to 'false', the input value 'Risk per trade' will be ignored by the system, and the value of 'Fixed Lots' parameter will be used for trading. Equity 100% (10k USD) Risk per trade 2% (200 USD)

Input Parameters Risk per Trade This parameter is used to control the risk per trade in percent. Input can be anything between 0.01 and 100. Fixed Lots This input parameter allows you to specify the order lot sizes in case you disabled Money Management. Order Distance It allows you to specify the distance in pips between the actual market price and the pending order. Note that if your broker restricts your trading with minimum stop levels, the distance must be greater than the stop level of your broker. As an example: If stop levels of your broker are 5.0 pips, the input value needs to be at least 5.1. Trailing Stop Loss To ensure, trades cannot get out of control, the system will place for every order a trailing stop loss. Unlike an ordinary stop loss which is set at a fixed price level, a trailing stop loss modifies itself according to the movement of the price. Although you can use set any value between 0.1 and 30000, it is recommended to choose a trailing stop loss value between 6 and 50 pips. Trailing Take Profit This parameter is used to specify the distance between the actual market price and the take profit price level. Like the trailing sl, trailing take profit will adjust itself according to the moving market price. Max Take Profit Max Take Profit parameter is used to specify the maximum profit for an order. As an example: If you set it to forty pips, and the order has not been closed by the touching the trailing SL/TP, the system will close the order as soon the profit reaches forty pips. Note that the input value of ' Take Profit' should be greater than Trailing Take Profit value.

Input Parameters Max Take Profit It allows you to specify the maximum acceptable spread in pips. If you use aggressive settings for trading, you should choose a Max Spread value 100-130% above the average spread of your broker. As an example: if the average spread of your broker on EURUSD is 1.0 pip, the input value should be 2.0-2.3 pips. For moderate settings, the input value should be 70-100% above the average spread, and if you are using conservative settings, you should add 40-70%. Max Spread Tick Count Almost all brokers offer floating spreads. It means that the spread can, and probably will change with every incoming tick. 'Spread Tick Count' allows you to specify if trading should be disabled when the spread goes one time above the specified 'Spread' value, or if trading should be disabled when the average spread of the specified amount of ticks is higher than the input value of 'Spread Tick Count'. E. Protection (Execution Protection) Almost all brokers offer floating spreads. It means that the spread can, and probably will change with every incoming tick. 'Spread Tick Count' allows you to specify if trading should be disabled when the spread goes one time above the specified 'Spread' value, or if trading should be disabled when the average spread of the specified amount of ticks is higher than the input value of 'Spread Tick Count'. If you set it to 'false', and the spread goes above the specified 'Max_Spread', the system will not place any new trade(s) but existing pending orders (if any) will be not canceled. Order Comments If you use multiple different Expert Advisors on one trading account, order comments can help you to identify trades easier. If you set 'Order_Comments' to ' the system will add, Forex Kinetics as the order comment to every trade it places. If set to 'false', no comments will be added.

Preset Files In the folder /experts/presets/forex Kinetics 2 Set Files, there are preset files you may wish to use. The file name include symbol information. Please note that the standard sets are great to get started and to learn about the robustness of the system. To load or save a set file, make a right click on the chart, go to 'Expert Advisors' and click where stands 'Properties'. Alternatively, you can press F7 on your keyboard. Select the preset file you wish to load and click on the 'Open' button.

Preset Files After that, click on the 'Ok' button in the properties window. The process of saving a set file is identical, except that you need to click the 'Save' button instant the 'Load' button.

Chart Information System Information For convenient use of the system, all input parameters are displayed in the 'System Information' block. Account Information Below 'System Information', 'Account Information' section is displayed. It contains information about the actual free margin in %, account currency, Balance and the current spread. System Notifications There are three kinds of notifications. Informative, warning and error notifications. The purpose of informative notifications is to inform you about the actual state of the system. They do not require any action from your side. The same is valid for warning notifications. They let you know when trading has been disabled because of high spread, when E. Protection was activated or when the system detected a bad tick in the price feed. Error messages (red) do require manual intervention from your side. As the space on charts is limited, the messages itself are kept as short as possible. List of Notifications Collecting required price data for analysis. Please wait. This message is displayed when you attach the system to the chart after starting or restarting your trading terminal. Plus, it is also displayed after the system detected a possible bad tick and recollects the required amount of data new. Analyzing price action. New trade will be placed as soon as specified requirements are met. This message is displayed when everything is ok. If you see this message, you know that a new trade will be placed as soon the entry criteria you specified are met. Trading. Do not disconnect or close terminal.

Chart Information Displayed when there is a pending or executed trade. Note that you should not close the chart or terminal while there is an open trade. New build version is available Update notification is displayed whenever a new build version is available. Trading temporarily disabled because of high spread. This warning notification is displayed when the spread is higher than the specified 'Max_Spread' value. It means that trading is temporarily disabled, and that it will be continued as soon the spread becomes lower than the 'Max_Spread' value. Broker widened Spread! E. Protection prevented bad fill of trade and deleted the pending order successfully. If you set the parameter 'E.Protection' to 'true' (enabled), and the spread goes above the specified 'Max_Spread' value, Forex Kinetics will cancel pending order(s), and you will see this message. Forex Kinetics detected possible bad tick in the price feed of your broker. Price data for analysis will be recollected shortly. As bad ticks can have a negative impact to analytic results of the system, Forex Kinetics analyzes the quality of the price feed in real time. If a possible bad tick (miss priced quote) is detected you will see this message for ten seconds. After that, Forex Kinetics will start to recollect required data for analysis. If you are seeing this message more than one or two times a week, it indicates that the price feed of your broker is of low quality, and you should notify your broker about. No license for this account. 'No license for this account' message is displayed when our license server could not find the account in the database. It's displayed when you just installed Forex Kinetics and attached it for the first time to the chart, and whenever you try to use it on an account that is not registered. Forex Kinetics cannot be used on terminals which do not support fractional pricing.

Chart Information If the system detects that the price feed does not support fractional pricing the message shown above is displayed. Broker restriction (Stop Levels) detected. To use Forex Kinetics with this broker, you need to change your settings. Although most brokers do not restrict trading of their clients with stop levels, some do. In case the system detects such a restriction, and the minimum stop level is higher than the specified 'Order_Distance' value, this notification is displayed. Forex Kinetics cannot be used on this instrument. Forex Kinetics can be used on five currency pairs. If you attach it to another chart, the system will notify you. Quick links At the bottom of the system window, you will see several quick link icons. They are all clickable and give you one-click access to our support, the user community and this user manual. There are also quick links to our social media profiles and our blog, giving you the possibility to connect with us on Facebook, Twitter, Google+ and read our latest blog posts.

Trading Environment Minimum technical requirements Internet Connection Your Internet connection should be stable. The connection speed must be not slower than 500kb per second. If your Internet connection is unstable or very slow, you might consider using a VPS for trading instead of your local computer. Operating System Forex Kinetics is compatible with the following operating systems: Windows Server 2003 and 2008, Windows XP Service Pack 2, Vista, 7 and 8. Required Prerequisites The installer requires.net 2.0 or higher. It is usually automatically installed with the OS. If it is not installed on your Computer, you can download it from here: http://www.microsoft.com/en-us/download/details.aspx? id=17851 Meta Trader 4 build 450 or higher If you are using an older version of Meta Trader 4, you must update the build version of your terminal. Broker Requirements Your broker must support fractional pricing Fractional pricing is the actual industry standard and there are only a few market makers left that do not support fractional pricing. In case it's not supported by your broker, you will be not able to use the system with this broker. Usage of Expert Advisors must be supported Very few brokers do not allow usage of automated trading systems. If your broker does not allow usage of Expert Advisors, you will be not able to use the system with this broker.

Trading Environment Supported Currency Pairs and Time Frames Forex Kinetics can be used on the following currency pairs: EURUSD EURJPY GBPUSD GBPJPY USDJPY For convenient visual analysis, we recommend using M5 (five minute). Updates Build updates are free of charge. When a new build update is released, Forex Kinetics will notify you by displaying the following message in the System Notifications section. New build version is available. When you see this notification displayed, simple click where stands 'Click here to update' and install the new build version as described here. Contacts Whether you have a question about Forex Kinetics or would like to provide us with your feedback or testimonial. We are here for you and would love to hear from you. Contact us. We also invite you to join our forum. There you can exchange ideas, set files and discuss all trading related topics with other clients of our company. To join the forum click here.

Risk Disclaimer Currency trading offers large profit potential, but includes also large risk potential. Therefore, currency trading on margin is may not suitable for all individuals. The high leverage offered on the currency exchange can work against you as well as for you. By using software from Forex 21 you agree to hold Forex 21 and everybody who is involved in developing, production and distribution free from any responsibility. Any live trading you do, you are doing at your own discretion and risk! Before you make investment or trading decision, it is important that you inform yourself carefully about the opportunities and risk. This includes not only financial aspects but also legal and fiscal ones. Before you get started with trading in the foreign exchange market, you should consider your trading and investment goals, objectives, trading experience and your personal risk tolerance. You should be also aware of the existing possibility of losing some or all of your equity. For this reason, it is highly recommended that you invest only funds you can afford to lose. Make sure you are aware of all possible risks associated with trading currencies on margin online. If you have questions or concerns, you should contact an independent financial advisor. CFTC Rule 4.41 HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IM- PACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. THE RISK OF LOSS IN TRADING FOREIGN EXCHANGE (FOREX) CAN BE SUBSTAN- TIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. Source: http://www.cftc.gov