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MUST KNOWs of MDHS

Things You MUST KNOW about MDHS

Last updated on 30 May 2008

1. Install a new MT4 platform and open a demo account before you login and request for a demo EA.*NEW

2. Student ID or NRIC(Singaporeans and Malaysians) or passport(foreigners) and email are required for login to request for FATS. *NEW

3. It is important to sign up with our Forex Broker to open a Live Account with this link.  Click Here
(Regarding question 'Who referred you to Interbank FX?', please fill in FX1 Group Holdings. Filling otherwise may delay your application by 1-2 weeks) *NEW

4. The maximum tradable fund size of the EA is US$ 10,000.

5. Leverage is 1:200.

6. EA should only be used on a MINI account where the contract size is 10,000 per lot.

7. Use only 4 CHARTS, EUR/USD, EUR/CHF, EUR/JPY & EUR/GBP.

8. The time frame used for the 4 charts is HOURLY.

9. Ensure there is a SMILEY FACE at the upper right corner & comments on each chart.

10. UseCashOutAtPT is a parameter to determine whether the EA should continue trading or not. By setting it to True, it instructs the EA to stop trading after it has hit its designated profit target. To re-initiate the EA, the user is required to remove all the EAs & re-attach the EAs back to the 4 charts.
(True = Semi-automated)*NEW

11. By setting UseCashOutAtPT to false, the EA will be fully automated and automatically reset a new profit target and continue trading set by set. (False = Fully-automated)*NEW

12. Please DO NOT manually close any trade as it will affect the result.

13. Internet connection and computer must be left ON at all times except for non-trading hours, i.e. from Sat 6am to Monday 6am.

14. It is NORMAL to see floating loss in hedging strategy.

15. To ensure accurate computation of profits & lot sizes, it is Mandatory to enable display of "All History" at all times.

16. The EA could take anywhere between 2 days to 1 month to hit its profit target.

17. Though the Demo EA is valid for three months, it will only be inactive after the last set of trades is closed.

18. If 'FX1 GH – LPOA2.pdf' has not been signed after the free subscription period, the Live EA will complete the last set of trade and ceased operating.

19. In order to be eligible for Live EA, at least 1 month of profitable demo statement must be submitted through our website at www.fx1holdings.com/mdhs.
 
 
Forex Trading involves substantial risks. You are advised to carefully evaluate if such a financial tool is suitable for your financial status. Though the program has been tested, it is important to highlight that past results does not equate future performances. As market is dynamic, the risk of total loss of capital is still possible. Clients have to understand simulated results has its limitations and does not equates to any live performances. For a full risk disclosure, please refer to FULL RISK DISCLOSURE.