question mark Smart Algo Trader - manual

Repeated questions
Learn how to work Smart AlgoTrader Trading-platform. Login, Change parameters etc.
  1. SmartAlgoTrader_manual   Login
  2. SmartAlgoTrader_manual   Get a Demo account and SAT-KEY
  3. SmartAlgoTrader_manual   Trade a Real account
  4. SmartAlgoTrader_manual   Choose risk level
  5. SmartAlgoTrader_manual   Upgrade licence panel
  6. SmartAlgoTrader_manual   Upgrade licence dialogue
  7. SmartAlgoTrader_manual   Payment dialogue
  8. SmartAlgoTrader_manual   Payment
  9. SmartAlgoTrader_manual   Update version
  10. SmartAlgoTrader_manual   Compare deposit to equity.
  11. SmartAlgoTrader_manual   Composition of the portfolio.
  12. SmartAlgoTrader_manual   Receive email notificatios.
  13. SmartAlgoTrader_manual   Brokers report.
  14. SmartAlgoTrader_manual   System sound.

Repeated questions:

  1. Q: "How do i choose strategies?"
    A: The platform is 100% automatic. You just start it and it does all trades + strategies.
    You can not choose from them.

  2. Q: "How do i know which strategies are being used?"
    A: All strategies are complete secret. They are a new invention and give you advantage on the regular trader.

  3. Q: "Is a FREE DEMO account available?"
    A: Yes. Download the Trading platform and register from it.

  4. Q: "Do i need to use another software to trade?"
    A: No. Forget all abut other trading platforms. This one includes all you need (and even more).

  5. Q: "Dear Isaac
    I am interested in your service but the process is not clear to me.
    Am I correct in saying that I need to download your software, have an account with FXCM and then pay you your fee based on amount traded and licence period.

    Once that has been done then you provide a key code that I type into your software plus my fxcm details and the system runs from there depending on the risk level I choose?

    Please clarify ASAP."

    A: "Hi there.
    You have summarise the process perfectly.

    Anyway, i recommend starting first with an FXCM demo account (i can arrange one for you), just to make sure that the software runs well on your computer, and you are able to cope with it (mainly not being agitated buy the ups and downs occurring in the process of the algorithm adjusting itself to developing market conditions).

    Please, download and register using the software.
    Use the manual for instructions.

    Good luck with it!

  1. Login

  2. SmartAlgoTrader_manual
    In order to login to the trading software you need to:
    • Select between Demo/Real account.
    • Fill in your account number and password (provided by the broker).
    • Fill in your SAT-KEY (provided by Smart AlgoTrader).
    • Check "accept the license agreement".
    • Check "Remember login". (optional)
      If you check "Remember login", the computer will "remember" all parameters, except the password.
    • Click login button.

    • Back to Top

  3. Get a Demo account and SAT-KEY.

  4. SmartAlgoTrader_manual
    In order to Get a Demo account you need to:
    • Select Demo account.
    • Click button "need a FREE DEMO..." and follow instructions.
    • After getting account number. Fill in your Demo account number (provided by the broker).
    • Click button "Get Demo Sat..." and follow instructions.
    • After getting SAT-KEY. Fill in your SAT-KEY (provided by Smart AlgoTrader).

    • Back to Top

  5. Trade a Real account.

  6. SmartAlgoTrader_manual
    In order to Trade a Real account you need to:
    • Select Real account.
    • Fill in the amount of money you deposit in the account. (see example of 11161.25).
    • Fill in the amount of commission (in pips).
      (Tip: you can fill 4.5 if you want minimum gain of 4.5 pips when you sell).
    • Fill in the Maximum spread (in pips) that you are willing to pay for a trade.
      If you check "Remember login", the computer will "remember" all parameters, except the password.
    • Continue to log in.

    • Back to Top

  7. Choose risk level.

  8. SmartAlgoTrader_manual
    Some risk levels are available in the trade:
    • Select 32 For the lowest risk level.
    • Select 12 For the highest risk level.
    • After selecting, confirm a yes/no message box.

    • (Choosing a high risk level will result in a more volatile trade pattern).
      Back to Top

  9. Upgrade licence panel.

  10. SmartAlgoTrader_manual
    The SAT-KEY(user licence)serve individual account.
    (One licence per one account. Real or Demo require both licences).
    A Demo licence is FREE, however it is limited to trade up to 55,000 USD
    and has to be renewed every month.
    A Real account SAT-KEY is limited to trade up to 55,000 USD, but can be renewed for up to 12 months at a time.
    Trading a bigger amount of money requires one more account and a purchase of another SAT-KEY.
    • Click the "Upgrade licence" button to start the "Upgrade licence dialogue".

    • Back to Top

  11. Upgrade licence dialogue.

  12. SmartAlgoTrader_manual
    • Choose the Maximum amount of money you wish to manage (up to 55000).
    • Choose the number of months you wish to manage the account (up to 12 months).
    • Remember the Pin code (changes every 10 minutes).
    • Click to open the Payment dialogue (will open in your internet browser).

    • Back to Top

  13. Payment dialogue (opens in your internet browser).

  14. SmartAlgoTrader_manual
  15. Payment.

  16. SmartAlgoTrader_manual
    Your request by this time is recorded in the system.
    Clicking the "PayNoy" button will complete the process.
    A Demo account will be directed to a Demo approval page and can start trading.
    A Real account will be directed to a PayPal payment. Trading will be permitted only after PayPal approval.
  17. Update version.

  18. SmartAlgoTrader_manual
    From time to time a new version is available for upgrade.
    Pop up message indicates that.
    Upgrade is a must and not an option.
    • Click "Update" to start the automatic process.

    • Back to Top

  19. Compare deposit to equity, Pie chart.

  20. SmartAlgoTrader_manual
    In this pie chart you can see the change of the account balance, compared to the original deposit.
    The blue slice is the starting point of the account (the original deposit).
    The green slice is the current value of the account (the equity, includes open positions as well).
  21. Composition of the portfolio.

  22. SmartAlgoTrader_manual
    In this bar chart you can see the current composition of the portfolio.
  23. Receive email notifications.

  24. SmartAlgoTrader_manual
    In this panel you can actually set the Trading Platform to send you notifications
    about the account state. To avoid SPAM and system abuse, the trick is that you send the email to yourself, using
    your own "Gmail" account.
    Tip: You can open a new "Gmail" account for that matter.
    • Choose the frequency of emails sent to you. (20 minutes, 60 minutes, 3 hours).
    • Fill in your "Gmail" user name and password.
    • Check the check box.
    • Click to send Test Mail.

  25. Brokers report.

  26. SmartAlgoTrader_manual
    Click to get Brokers report.
  27. System sound.

  28. SmartAlgoTrader_manual
    Click to start/stop System sound.
    The default is Sound-off.

Further reading

Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics. Manage a trading account with the software is available for new investors. For further details please continue to Automatic account management services .
Please notice: Trading foreign exchange should be carefully planed. Any trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Please be aware that a possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should never invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Useful links:
ALGORITHMIC CURRENCY TRADING   Automatic account management services for currency trade   Silver Lines trading algorithm hosting services

Video examples

Watch video examples of short term trading. All recorded at real time for your convenience.

Charts list

A list of charts that demonstrates the Trading Algorithm buying and selling points. Please select your choice of currency pairs:

Suggested search terms

More search terms for your benefit, from the smart algo-trader blog and articles.