PQ-GoldFirstMT5-1month
€ 29,00 for 1 month
License: 1 month | Valid for 1 IP | Premium Support | Recommended Inputs available
PQ-GoldFirst-MT5 User GuideWhat you need before starting with PQ-GoldFirst
MT5 broker account
- The Broker has to allow the use of Expert Advisors (bots) on their account (99% of the MT5 Brokers allow bots)
- Look for good trading conditions on Gold (XAUUSD): maximum spread of 3 pips (ex: the bid-ask prices should look smth like this: 1900,00 - 1900,30) | no commission if possible
- You can test on a Demo account for a period so you can get used to the bot
- Choose a Broker that you trust
VPS
- You need a VPS for continuous internet and electricity so the bot can execute its strategy correctly
- If you don't have a VPS, here are some options: https://ultrafx.com/prices-and-orders/#economicvpsld4 OR https://www.myforexvps.com/ - choose the PRO plan | any location is ok NL, LD or NY
- You can also use your home PC/laptop but you might have internet/electricity interruptions which will cause issues to the bot
- You can access your VPS from your PC/Laptop/Phone with the Windows Remote Desktop Connection application
Trading funds
- You will need enough money in your MT5 account so the bot will be able to execute its strategy at all times
- Recommendation: Start balance: 2500 USD | leverage: 1:500 |
- The lower the leverage, the higher the starting balance you will need
Run PQ-GoldFirst in just a few minutes
- Signup on this page and checkout: Free 10 day trial | No card needed now (1 min)
- Download product and user guide from your email (1 min)
- Setup and Launch PQ-GoldFirst in your MT5 platform (4 min)
- Download the .ex5 file from your email.
- In your MT5, go to File – Open Data Folder.
- Go to MQL4 – Experts and copy the .ex5 file here. Close this window.
- Open a chart of Gold (usually XAUUSD) and set the 1min timeframe.
- Allow Automated Trading, Allow DLL Imorts, and add the Prop Quant link: http://prop-quant.com/ on Allow Web Request for listed URL settings
- From the Navigator window, under Expert Advisors, drag and drop the PQ-GoldFirst (GF-1month-v.v OR GF-1year-v.v) to a GOLD (XAUUSD) chart
- Go to the Inputs tab and type your PQ Username in the Username field. You received your PQ username in an email when you first signed up for a PQ product.
- Start the EA: when all inputs are set, click OK and wait for a message: You are successfully authenticated. The EA is running.