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  • What is this? How did I get here?  TradeSlapper.com offers a sophisticated grid and Martingale strategy orchestrator designed to maximize your forex trading potential while allowing you to make a decent attempt at mitigating your risks by offering useful levers and dynamically responsive trade lot sizes based on your account balance. This orchestrator is called the Trade Slapper.

    Why is it called the 'Trade Slapper'?  The Trade Slapper orchestrates the trading efforts of other expert advisors: Trade Explorér or the FED bot. In a traditional trading scenario, these two expert advisors use their own logic to decide when to place a trade to enter the market and exit quickly, then utilize grid and Martingale strategies to handle trades that don't close quickly. The Trade Slapper 'slaps' these expert advisors by placing a long (buy) and short (sell) trade if there are no trades open for a given currency pair. One of these trades will likely close quickly. The other trade becomes the 'slap' that starts the Trade Explorér's or FED bot's grid and Martingale trade baskets to eventually close the group of trades when enough of them become positive. When trades in one direction all close, the Trade Slapper places another 'slap' trade in that same direction which either closes again quickly during busy price action or leads to another grid and Martingale trade basket for future resolution.

    Why does the Trade Slapper open 2 charts for each currency pair?  The two charts per currency pair handle the long (buy) and short (sell) side of the slaps. A copy of Trade Explorér or the FED bot will run on each chart and exclusively handle their respective buy and sell trades.

    Can I share the Trade Slapper with other people?  Yes, you are free to share the Trade Slapper, but anyone using it will be subject to the license agreement.

    Can I share my license key with other people?  You can try, but it won't work with a different account number. And even if it did work, you would be on the hook for the invoice for 10% of the earnings made by users of your license key, so... probably not a good idea.

    Can I backtest the Trade Slapper?  Due to the complicated nature of Trade Slapper's orchestration, it is not possible to backtest it (as far as we are able to tell - please let us know if you figure it out! We'll pay you for the information if it is repeatable in MT4).

    Can someone help me set up the Trade Slapper on my account?  At this time, no, but we are considering offering a Zoom option in which we might set up the first instance of the Trade Slapper for you, with you watching, and give you the opportunity to record the meeting. There may be a charge for this service.

    How do I change my account number or broker name tied to my product?  You don't need to change them. Just purchase another free product and set a new broker name and account number on it, then start using it.

    Which forex currency pairs is the Trade Slapper designed to work with?  The Trade Slapper is currently capable of and designed to trade with the following forex currency pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY.

     

    Registration and Download

     

    1. Sign into your TradeSlapper.com account or complete an account registration.
    2. Navigate to the Trade Slapper product page in the Store.
    3. Fill in your Broker Name and the Account Number you intend to use the Trade Slapper with. The account number can be for a real live account or a demo account.
    4. Read and accept the Trade Slapper license agreement and the Forex Trading Risk Statement and Liability Agreement.
    5. Add the product to your cart and check out.
    6. Navigate to Manage Purchases.
    7. Click on the Trade Slapper product title, picture, or the Manage button.
    8. Note the license key. You will need this and the email address you used to create your TradeSlapper.com account.
    9. Download the Trade Slapper.

     

    Installation

     

    1. After downloading the Trade Slapper, open the zip file.
    2. Open the MetaTrader 4 (MT4) instance in which you wish to use the bot.
    3. From within MT4, open its data folder by clicking on the File menu > Open Data Folder.
    4. The contents of the Trade Slapper zip file mirror the structure of the MT4 data folder. You can drag and drop the contents to the data folder or otherwise copy the files one folder at a time.
    5. Restart MT4, or right-click in the Navigator pane's Indicators, Expert Advisors, or Scripts folders, and select Refresh.
    6. Trade Slapper should show up under Expert Advisors in the Navigator pane.
    7. In the Tools > Options > Expert Advisers menu, ensure the following options are enabled:
      1. 'Allow Automated Trading' before loading the Trade Slapper, or, among other issues, none of the charts it opens will be able to place trades
      2. 'Allow DLL imports' is required to allow Trade Slapper to verify your license key and share closed transaction data
      3. 'Allow WebRequest for listed URL' and add 'https://tradeslapper.com' to allow Trade Slapper to verify your license key and share closed transaction data
    8. Open a new chart for any currency pair. It can be any one - it doesn't matter.
    9. Drag the Trade Slapper from the Navigator pane and drop it onto the currency chart opened earlier.
    10. Enter your FED bot or Trade Explorér credentials if you are using your own copy of one of these bots.
    11. Adjust your risk settings. Documentation on these settings can be found here.
    12. After you click Okay, Trade Slapper is going to close all your other charts and open new ones with specific trade options, magic numbers, etc, so consider this before you click Okay. After Trade Slapper has opened charts, you can revisit the Trade Slapper's options and set "Open all Charts" and "Close all Charts" to 'false' and click Okay to prevent this behavior from repeating when you may not want it to.
    13. Click Okay and sit back and watch! If you run into snags setting it up, please open a support request and we'll help you get started.

     

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