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Copyright 2010, 2011, 2012 - Trade Strategists Limited All Rights Reserved

Please read this manual thoroughly its only 40 pages!

If you still have questions or unresolved issues then you can always get in touch with our support team here: www.leotraderpro.com/support Before opening a support ticket, please understand that our support team assigns priority to issues not covered by this manual. Tickets asking questions that are answered within this manual will not be responded to until all other tickets have been dealt with. This can mean a delay of up to 48 hours so please read this manual thoroughly first.

Copyright Information
REPRODUCTION AND OR TRANSLATION OF ANY PART OF THIS WORK BY ANY MEANS ELECTRONIC OR MECHANICAL INCLUDING PHOTOCOPYING BEYOND THAT PERMITTED BY COPYRIGHT LAW WITHOUT THE PRIOR WRITTEN PERMISSION OF THE PUBLISHER IS UNLAWFUL.

Copyright 2010, 2011, 2012 - Trade Strategists Limited All Rights Reserved

Author Website

: The Leo Trader Pro Team : www.leotraderpro.com

Publisher : Trade Strategists Limited

Disclaimer and Risk Warnings

Trading any financial market involves risk. The content of this e-book, its various associated websites and all related correspondence are neither a solicitation nor an offer to purchase or sell any financial instrument. Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative and educational purposes only and should not be construed as investment advice or strategy. No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this e-book. Past performance is not indicative of future results. By purchasing the software, subscribing to our mailing list or using the website you will be deemed to have accepted these terms in full. The Leo Trader Pro Team (authors), Trade Strategists Limited (publisher), their representatives and associates do not and cannot give investment advice. We endeavour to ensure that related websites are available 24 hours per day but we cannot be held liable if, for any reason, a site is unavailable. The information provided in this e-book is not intended for distribution to, or for use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. There are numerous factors related to the market in general and to the implementation of any specific trading program, which cannot be fully accounted for in the future of performance results, all of which can adversely affect actual trading results. We reserve the right to change these terms and conditions without notice. You can check for updates to this disclaimer at any time without notification. The content of this e-book and all related websites and correspondence are copyright and may not be copied or reproduced.

U.S. Government Required Disclaimer

Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the FOREX, futures and options markets. The past performance of any trading system or methodology is not necessarily indicative of future results.

Index
Foreword Setting Up Your Platform Installing Leo Trader Pro Using Leo Trader Pro Chart Status Information Explained Frequently Asked Questions 6 7 9 16 30 38

Foreword
We would like to take this opportunity to thank you for purchasing Leo Trader Pro. In a way, weve all made history together us by developing the next generation of automated FX technology and you for being amongst the first in the world to take advantage of this revolutionary Forex product. Its been a long road for us getting to this point, but we honestly believe that we have created something truly remarkable - something that traders will benefit immensely from and something that will change the lives of those who choose to embrace it. The technology that is now at your fingertips is some of the most advanced computer code in the world. We urge you to read through the instructions carefully before you begin trading. It never hurts to be thorough and, in trading, it pays to be doublycautious! Once again, thanks for making history with us!

Lets begin!

The Leo Trader Pro Team

Setting up your platform

Leo Trader Pro requires the MetaTrader 4 trading platform which is available from more than 95% of Forex brokers. Weve had excellent service from FinFX, which is also the brokerage where our own accounts are running Leo Trader Pro. That being said, youre free to use any other brokerage that youd like providing, of course, that they support MetaTrader 4.

New to MT4?
If you havent used MT4 in the past, then you can download MetaTrader and get a free practice account from the link below.
http://www.finfx.fi/download.php

Were sure that most users dont really need a long winded explanation to install something like MetaTrader as its very, very simple but just in case, weve prepared a small video for you if you need some assistance. You can find it here: MetaTrader Installation Video Now, once youre done with that, therere just a few settings that well need to take care of before we can get Leo Trader Pro installed. Navigate your way to Tools, and then Options in the MetaTrader menu.

Then, click the tab marked Expert Advisors then check AND uncheck the option boxes exactly as they appear below.

Simply put, make sure that the boxes with green arrows next to them are ticked, and the ones with the red arrows are not. Hopefully that was easier than falling off a log! Finally, click the OK button and were ready to start installing Leo Trader Pro but, first, be sure to close MT4... just click File then Exit.

Installing Leo Trader Pro

We very strongly recommend that you use our auto-installer to get things set up. If you did not use the auto-installer then the next thing you need to do is to navigate to where youve saved the Leo Trader Pro files, and hopefully, youll see something like this:

Youll notice that one is a dll file, while the other is an ex4 file. Thats not an exe file, which in computer terms is an executable fileso dont double-click on any of these because thats not going to do anything useful. What we want to do is copy each file separately and then paste it in to the right folder for MetaTrader 4 to be able to use it. The quickest and easiest way to do this is to first open up the folder where your MetaTrader 4 installation is sitting. To find it, locate the icon on your desktop that launches MetaTrader 4. Mine looks like this:

Right-click the icon with your mouse and select Properties.

Youll then see a window that looks similar to this one:

Notice the line highlighted in blue labelled Target? Thats the location of MetaTrader. You need to select everything BEFORE the word terminal, all the way from C:\ Just dont select the quote at the beginning. Heres an example:

You can do this simply by clicking once with the left mouse button and holding it down as you drag the cursor over the area that you want to select. Another way is to click once just after the quote symbol, hold down the Shift button on your keyboard and press the right arrow on your keyboard until you reach the last \ before terminal.

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Then, all you have to do is right-click the highlighted area and select Copy (OR simply press Ctrl+C).

Done? Excellent! Now that weve got the location of MetaTrader, we can open it up in Explorer. Go to Start and click Run (or just use the Windows key+R)

Youll then get a box that looks similar to this one:

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Now just right-click the highlighted area and select Paste (or press Ctrl+V).

Hit Enter and youll open up a window that looks like this one:

So, now weve got our MetaTrader window open, we can get our Leo Trader Pro files and drop them in.

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Remember these?

Good! Now right-click on LeoTraderPro.ex4 and select Copy.

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Then, we just go to our MetaTrader folder that we opened earlier, right-click on Experts and select Paste.

Thats it! Now we just have to get the dll file.

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So, we go back to the Leo Trader Pro folder, right-click on LeoTraderPro.dll and select Copy.

Now, its back to the MetaTrader folder to double-click on Experts, which will take you inside that folder, (were looking for a sub-folder this time) so right-click on libraries and select Paste.

Whew! All done!

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Using Leo Trader Pro

Now that weve got Leo trader Pro all set up, double-click the MetaTrader icon on your desktop and youll see a screen that looks like this one:

In the Navigator pane youll see Expert Advisors with a little + to the left of it. Click the + symbol. Youll then see Leo Trader Pro listed:

If Leo Trader Pro is NOT in the list then youve probably missed out an installation step so just go back through the last few pages of the manual.

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Assuming that everything went according to plan, if there are any open charts that youre not using, close them all down and then open a new EUR/USD chart.

This is done by clicking on the New Chart button thats just under File (Its the one with the green +). Now, drag Leo Trader Pro from the navigator pane onto the chart that you just opened.

As soon as you do that, youre going to see the following box come up. You may see the Inputs tab first so just switch to the Common tab if that happens:

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Now, this is very, very important. Just like before when we were setting up MetaTrader, make sure the boxes shown by the green arrows are checked, and the one shown by the red arrow is not. Confirm DLL function calls MUST be unchecked or Leo Trader Pro will be unable to function correctly.

Even more important... Leo Trader Pro is NOT a normal EA...

...it is a trade REPLICATOR Leo Trader Pro does NOT contain any strategy logic all trading instructions are sent instantaneously by our replication server.

** Very Important **
Regardless of the number of currency pairs you wish to trade, Leo Trader Pro must ONLY EVER be attached to ONE SINGLE chart (chart timeframe does not matter) but it will still trade all of the currency pairs covered by your user license(s) - this is a major and fundamental difference between a normal EA and a trade replicator.

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Okay, once thats done well look at the Inputs tab.

The values of each field can be changed simply by double-clicking in the data area of that row. Youll notice thats theres also a scroll bar on the right. There are a lot of settings here that you should pay close attention to so that you can make the most out of Leo Trader Pro. Lets go through each of the variables and values, one by one:

Version 1.XX As time progresses, we will release updates containing new features (and probably new sections and/or settings in this area) so this identifier will allow you to quickly see which version you have.

Below the version indicator are the 4 main sections of the Inputs tab. Each section is denoted by the === symbols on both sides of the section name. Section one is for Trade Controls.

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Section 1 - Trade Controls

AllowOpening This entry can be either true or false. When true, Leo Trader Pro is able to open new positions and, when false, it cant. The default setting is true.

AllowExiting This entry can be either true or false. If true, Leo Trader Pro is able to close existing profitable positions if required (partly overriding AllowClosing) and, when false, it cant, requiring trades to hit the take-profit level. The default setting is true.

AllowClosing This entry can be either true or false. If true, Leo Trader Pro is able to close existing positions as required (regardless of current profit/loss) and, when false, it cant, requiring trades to hit either the take-profit or stoploss levels. The default setting is true.

AllowReOpens This entry can be either true or false. If true, Leo Trader Pro is able to re-open positions at the current market price that were previously closed at a loss due to manual intervention or technical failure but remain open on the Leo Trader Pro server. While not ideal, this feature can be used to recover at least some of a potential loss. When set to false, locally closed trades will be ignored regardless of how or why they were closed. The default setting is false.

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AllowHedging This entry can be either true or false. The default is true but the correct setting is dependent upon which brokerage you use. Most US brokerages cannot allow concurrently open buy and sell positions on the same currency pair and must also enforce FIFO rules so, if you are a client of a US brokerage, set this option to false and do not run any other EAs or manual trading systems on the same currency pairs as Leo Trader Pro. This is another big reason why we like FinFX - they allow hedging, do not operate FIFO and are able to accommodate US clients.

AllowSymbols If this field is left blank, Leo Trader Pro will trade all pairs covered by your license. The main Leo Trader Pro product trades EUR/USD and GPB/USD. If, however, you only want to trade ONE of those two currencies, then you may enter one of the following two values into the field: EURUSD GPBUSD Note that if specifying a particular pair to trade, the symbol name must be in uppercase and be a six character string.

WaiveControl If, for some reason, you would like to manually take control of particular orders then enter the ticket number(s) into this field, separating multiple ticket numbers with commas. The specified trades will then no longer be managed by Leo Trader Pro.

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TradeComment If, for some reason, you would like to identify Leo Trader Pros trades in your account history then you may insert a value for the TradeComment variable. Its not really necessary, and anything you enter here is visible to your broker... certainly not for your eyes only.

MaxTimeSlip This setting specifies how long (in seconds) that Leo Trader Pro should continue trying to open a trade that has opened on our master platform. The default / normal value is 0, which means that Leo Trader Pro will continue trying indefinitely while the trade is still open on our master platform. One great advantage of this feature is that if your trading platform was offline when a trade was initially opened on our master platform and price has moved against the master order when your platform comes back online then Leo Trader Pro will open the order at a much better price on your account. Alternatively, you can specify a time period after which new trades will be ignored i.e. 120 (2 minutes). In that case, should Leo Trader Pro receive the trade information AFTER those 120 seconds have elapsed (or it was unable to place the trade with your broker within that time limit), then it will notify you and skip that signal. There are a number of factors that might result in a skipped signal, ranging from the inevitable and frequent disconnections from your brokers server to storms, poor network infrastructure, etc even downed cabling. You may tweak this setting at your discretion (keep in mind that this value is in seconds), but we think that the default value of 0 is best as it will then make every effort to open each trade for you.

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MaxVariance This value represents the maximum deviation (in pips) between the price a trade opens on the Leo Trader Pro server and the price available from your broker. The default setting is 5 pips. There is normally some small variation in price between brokers but, at times, this can vary dramatically so, if the price available from your broker when Leo Trader Pro receives a signal from the Leo Trader Pro server is more than 5 pips different, that trade will be skipped unless the variance returns to within the limits set. You may tweak this setting at your discretion but we think that 5 is a reasonable value considering the general profit targets.

MaxSlippage When an order is placed, the current price is not always available. Why did we place the word current in quotes? Well, in Forex, things move pretty fast so prices can change a lot in the few milliseconds it takes for you to receive a signal from the Leo Trader Pro server, and things can also change in the time it takes for your computer to pass that instruction to your brokers server. To clarify the difference, the previous setting (MaxVariance) is the acceptable difference (in pips) between the price obtained in the Leo Trader Pro master account and the price offered by your broker whereas MaxSlippage is the acceptable difference (in pips) between the price reported by your broker and the price actually achieved. Youre free to change this at your discretion but the default value of 3 pips is normally fine with most brokers. Note: With true ECN trading accounts, slippage is ignored.

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EquityLimit This is simply the minimum amount of equity (in the account currency) that must be available in your account before Leo Trader Pro is allowed to open a new position. For example, if you have a $1,000 trading account and set the EquityLimit to $800 then the account must have a minimum of $800 equity (after accounting for the floating profit/loss of existing open positions) before Leo Trader Pro can open a new trade. The default value of 0.00 basically disables the EquityLimit check.

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Section 2 Trade Management

RiskLevel The RiskLevel setting allows you to specify the size of your trades as a fixed lot size or, based on your preference for risk. If a value > 0 is entered i.e. 0.40, then Leo Trader Pro will use that value as a fixed lot size, regardless of available account equity. If a value of 0 is entered, the minimum fixed lot size permitted by your broker will be used. If a value < 0 is entered then Leo trader Pro will compute the lot size of each trade based on that specified risk level and free margin. So, if the value is below 0 for example, -5.00, then Leo Trader Pro will attempt to calculate the optimal lot size to risk no more than that amount (5%) of the available margin on the next trade. What is the formula used?
Account Free Margin x Risk Level% / Catastrophe SL (330 pips) / Tick Value

The resulting value is then adjusted to meet the risk requirement once margin has been taken into by account using this formula:
OrderSize / Account Free Margin x (Account Free Margin (Margin Required For 1.0 Lot x OrderSize))

Regardless of whether fixed or risk-based lot sizing is requested, Leo Trader Pro will adjust the order size, if needed, based on the values of the following two settings: MinLotSize and MaxLotSize. Important: RiskLevel is a per trade setting! Finally, the minimum and maximum permitted lot sizes specified by your broker will be checked and the order size adjusted if required. For example, if you specified 0.01 lots but your brokers minimum is 0.1, then the proposed order size will be increased to 0.1 lots to meet your brokers requirements.

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MinLotSize This setting (default: 0.00) allows the minimum requested lot size to be specified. This is of most use with risk-based lot sizing. If, for example, the pending order size is calculated at 0.02 lots but MinLotSize is set to 0.05, the larger (MinLotSize) value will take precedence. See RiskLevel for additional details.

MaxLotSize This setting (default: 10.00) allows the maximum requested lot size to be specified. This is of most use with risk-based lot sizing. If, for example, the pending order size is calculated at 2.42 lots but MaxLotSize is set to 1.50, the smaller (MaxLotSize) value will take precedence. See RiskLevel for additional details.

Once the above minimums and maximums have been assessed, the system double-checks that the final order size can actually be placed and will display an insufficient free margin available warning on the chart if appropriate.

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Section 3 Trade Scheduling This section contains entries for Sunday through to Friday, the values of which run from 00:00 to 23:59 Broker time. This essentially accounts for every minute of the available trading week so, if using the default settings, Leo Trader Pro will try to take advantage of all trade opportunities that present themselves. Should you wish to exclude certain times from your trading schedule, you can alter the trading period for any day at your discretion. For example, you might want to make Sundays trading hours 23:00-23:59 to avoid the normally wider spread right when the market opens. If you wish to exclude entire days i.e. no trading on Friday, then simply delete the entire content of the relevant field. IMPORTANT: This feature only affects the opening of positions the closing of orders will continue subject to the AllowExiting and/or AllowClosing options plus the stoploss and take-profit levels of individual orders.

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Section 4 General Settings ReceiptCode Your ReceiptCode is your user license for Leo Trader Pro it is the 8-character order number that you will find on your purchase receipt. When attaching Leo Trader Pro to a chart, this code must be entered in order for Leo Trader Pro to be authenticated by our server. Please note that if you also purchased a license for an additional Leo Trader Pro product (to access other currency pairs, for example) then you will have more than one ReceiptCode. In this case, you can either enter the other ReceiptCodes (separated by commas but no spaces i.e. A1A2A3A4,B1B2B3B4) or, you can use the additional license(s) on another account by installing additional copies of MetaTrader with additional copies of Leo Trader Pro.

LeftMargin This field simply stipulates the distance from the left margin of the chart that youd like Leo Trader Pro to begin displaying status messages. The default setting of 25 is usually sufficient to place the chart text created by Leo Trader Pro beyond Buy/Sell trade indications that MetaTrader displays against the left margin.

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ShowLevels This entry controls whether the neural network strength meter is displayed on the chart. If you are running Leo Trader Pro from a VPS (virtual private server) then you may wish to set this option to false in order to improve the responsiveness of your VPS. The default setting is true.

UseAlerts This entry specifies whether you want a more visual notification of system events that we consider important, rather than just having everything logged on the Experts tab. We suggest you leave this set to true at least initially.

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Thats it ... Were all done! Once youve gone through all the settings and either accepted the recommended defaults or tweaked them to your preference, simply click OK and youre ready to start trading. If everything is working then the top-right of your chart will show the array of strength meters with the current output levels for each of the seven neural networks that control Leo Trader Pro.

(Note the smiley face icon denoting the active status of the system)

Of course, things dont always go to plan!... As mentioned on the previous page, things do not always go to plan! The good news is that Leo Trader Pro is quite skilled at spotting mistakes you may have made when checking and changing the various settings. If it identifies any issues then it will pop up a window telling you exactly what it found and how to correct the situation. If required, this process will repeat until all issues have been resolved. Once everything is running correctly, youll be able to see the Processing Status bar moving which is there to show that Leo Trader Pro is working essentially, each time the status LEDs change, the system is checking for new trade instructions.

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Changing settings... If you need to adjust the settings for Leo Trader Pro then click the chart its attached to, then either press the F7 key until the EA parameters window appears, or click the smiley face in the top-right of the chart. You can then make your adjustments and resume operations by clicking the OK button.

Stopping Leo Trader Pro... If you need to stop Leo Trader Pro completely then select the relevant chart and right-click the smiley face icon. From the pop-up menu, select Expert Advisors followed by Remove.

Re-starting Leo Trader Pro... Dragging Leo Trader Pro back to the chart from the navigator panel will re-open the EA parameters dialog where youll need to review and adjust the settings as required (remember to re-enter your ReceiptCode!), then click OK to resume activity.

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Chart Status Information Explained

Leo Trader Pro is an informative system that tries to keep you fully aware of what has happened, what is currently happening and how it is going to operate going forward. It uses various methods to achieve this: Windows pop-up message boxes: These are used to alert you to the more critical situations that will generally prevent Leo Trader Pro from functioning i.e. issues with MetaTrader settings, incorrect Inputs values, etc. The MetaTrader pop-up alert window: This is used to tell you about things which are important (in our view) but are not going to affect the operation of Leo Trader Pro as they are normal events. If you wish to disable this notification method then set LogAlerts to false. The MetaTrader Experts tab: All operational notifications are recorded here which makes it simple to see what has happened with Leo Trader Pro and why. Please be aware that the Experts tab is cleared whenever MetaTrader is restarted. The chart itself!: Most information is reported through a central status display on the chart Leo Trader Pro is attached to. An example is shown below:

Lets go through each section in turn...

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This row shows: Broker: This is the time of the last price tick received from your broker. It is based on your brokers server clock and timezone. UTC Offset: This is the difference (in hours) between your brokers server time and UTC (Universal Co-ordinated Time). UTC is a world standard timezone based on a caesium clock and favored by military organizations around the world it is often referred to as zulu. It should not be confused with the older GMT timezone which is very similar but based on solar cycles. UTC: This is the actual UTC time. Local: This is the time shown by your computer clock. London, Tokyo, New York: These are the times (adjusted for daylight saving where required) in those global locations the information is shown for reference purposes only.

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This section shows: Active: These are the trading schedules for each day of the week. Opening, Exiting, Closing, Hedging, Symbols: These are the settings you have selected for each of the options shown. Un-managed: If Leo Trader Pro opens a position but was not connected to our server (because you had perhaps closed MT4 or had removed Leo Trader Pro from the chart, for example) when our server closed that position, the trade may still be open in your account when Leo Trader Pro is finally able to re-connect with our server (assuming that the position did not hit either the stoploss or take-profit levels before then). Leo Trader Pro will identify any such orders and notify you (with a pop-up window) that they must be managed manually because Leo Trader Pro no longer knows what to do with them. They will also be listed here as a reminder for you.

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This section shows: TimeSlip, Variance, Slippage: These are the values you selected for MaxTimeSlip, MaxVariance and MaxSlippage. Shift: This is the computed difference between UTC on our server and UTC calculated from your PC clock. RiskLevel: This is the RiskLevel setting you specified but expressed as it will be evaluated either as a percentage of equity risked or as a fixed lot size. Remember that RiskLevel is a per trade setting so, if you have specified -5, for example, then each open trade will be risking 5% of your account. The default EURUSD/GBPUSD license can have two positions open at any time so a RiskLevel setting of -5 would potentially be risking 10% of the account. Min LotSize: This is the higher of the MinLotSize you specified and the minimum lot size permitted by your broker. Max LotSize: This is the value you specified for MaxLotSize. Equity Limit: This is the value you specified for EquityLimit.

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This section shows: Current free margin: This is the value of your account after considering margin requirements for existing positions. If you take your displayed account balance and add the floating profit/loss of all open positions then you will have the value of your equity. If you deduct the margin required for all open positions from your equity then you will have your current free margin.

Optimal amount risked: This is only displayed if using risk-based lot sizing and shows your selected RiskLevel as a monetary amount based on your Current free margin value. This should be compared to the Estimated amount risked value to ensure that you have no surprises when a trade opens. Estimated tick value: This is the monetary value of the smallest possible price move allowed by your broker if you opened a 1.0 lot buy order. It states estimated because it is based on the currency of the chart that Leo Trader Pro is attached to but the next trade may be for a different currency pair entirely. Tick size: This is the size of the tick referred to by Estimated tick value.

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Pending order size: This displays either the fixed lot size you specified or, if risk-based lot sizing is being used, the order size which most closely matches the Optimal amount risked value. Remember: The minimum / maximum lot sizes you specified and the minimum / maximum lot sizes required by your broker will have been applied to this value. Estimated amount risked: This shows the likely monetary risk of opening a Pending order size position. As before, it states estimated because it is based on the currency of the chart that Leo Trader Pro is attached to but the next trade may be for a different currency pair entirely. Note: If you have a mini or standard account (minimum lot size: 0.1 lots) with a small balance, the actual risk per trade can be disproportionately high so be mindful of this possibility and consider changing to a micro account if you could be affected by it. Tip: A warning message will be displayed on the chart whenever the minimum lot size settings cause the Estimated amount risked to exceed the Optimal amount risked. Estimated margin required: This reports the estimated margin required to open a Pending order size position. Once more, it states estimated because it is based on the currency of the chart that Leo Trader Pro is attached to but the next trade may be for a different currency pair entirely. If Leo Trader Pro determines that your Current free margin is too low to support opening the proposed position, it will display a warning below Estimated margin required.

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Thats pretty much all there is to it! That wasnt so hard, was it? We hope that you do great things with Leo Trader Pro. Thank you for being a part of the Leo Trader Pro Family.

Finally, wed just like to cover some questions that we get asked time and time again:

Q)

I purchased the standard Leo Trader Pro plus an additional license but I cannot find where to download the second EA (Expert Advisor) where do I go to download it? Leo Trader Pro is a replicator so there is nothing else for you to download. The system uses the ReceiptCode(s) that you purchased in order to know which signals to trade for you. Eventually, we will have a range of additional signals and all will be traded through the same single replicator.

A)

Q)

I attached Leo Trader Pro to a EURUSD chart and it refuses to let me attach it to GBPUSD chart what is the problem? How will it trade both currency pairs? Leo Trader Pro is a replicator, not a standard EA (Expert Advisor) so must only be attached to one chart. Even so, it will trade any and all currency pairs you hold licenses for.

A)

Q) A)

I attached Leo Trader Pro to a chart a few hours ago and there have not been any trades yet what is the problem? Most often, absolutely nothing! Remember that Leo Trader Pro is a replicator so trades will only appear in your account once they appear in ours. You can view our account via the statement on the main page of our website to confirm trading.

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Q) A)

Can I run Leo Trader Pro on my US trading account? Yes of course, however, we recommend obtaining an account with FinFx (http://www.finfx.fi.features.php) instead so that US traders can enjoy the relaxed, flexible European trading regulations rather than the restrictive NFA/CTFC rules enforced by US brokerages. This alone can increase your potential gains from Leo Trader Pro by a factor of 4 or 5!

Q) A)

Does my computer need to be left running? In order for Leo Trader Pro to be able to replicate our trades into your account, you need to keep MetaTrader and Leo Trader Pro running and connected to the internet during normal trading hours (17:00 EST on Sunday through to 17:00 EST on Friday)

Q) A)

Can I run Leo Trader Pro on my live account and a demo account? Sorry, not without purchasing an additional license as each license is limited to a single demo or live account at a time.

Q) A)

Do I need a VPS (virtual private server)? Unless your home internet connection is very poor (or you cannot leave your computer running during the day) then there is no need for you to rent a VPS.

Q) A)

I want to trade Leo Trader Pro on a new account how do I register the new account number with you? There is nothing you need to do our licensing system only monitors simultaneous connections to our server, not your account number or account type (live / demo).

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Q) A)

Can I run Leo Trader Pro with other EAs on the same account? In most cases, yes you can but you should not do so if you have a US (NFA-regulated) trading account or if any of the other EAs use negative (less than zero) Magic Numbers. The only incompatible EA we are aware of is Forex BulletProof.

Q) A)

Why is the stoploss so wide? Because it is a requirement of our strategy - it allows each trade to breathe and provides us with a very high win rate.

Q) A)

Will I receive system updates / upgrades? You will receive all updates / upgrades to the replicator which you should install immediately. Updates to the strategy are made remotely and will therefore be replicated automatically.

Q) A)

How will I be notified of updates / upgrades? You will see pop-up messages in MT4 which include the download location. You will normally need to expand the popup message window to read the entire message. Alternatively, visit our download page occasionally and compare versions: http://www.leotraderpro.com/replicator.php

Q) A)

Can I change the stoploss / set a trailing stop? Only if you use the WaiveControl feature, but that defeats the object of using Leo Trader Pro and is likely to adversely affect your results quite significantly.

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Q) A)

I get a warning about too many IP addresses The "Too many simultaneous IP addresses" warning is normally due to you being allocated a new IP address after a temporary disconnection of your internet connection. This IPswitching is an issue of your ISP, not specifically your own system. ISPs have a limited pool of IP addresses to share between clients and allocate them on demand. ADSL connections naturally drop during the day and some ISPs simply take an active IP address back into the pool when a disconnection occurs and allocate another when the connection comes back up. If it's a recent issue then it might resolve itself but, if not, there are three things you can try: 1) the simplest is to get a VPS and run LTP from there 2) contact your ISP and get a static IP for your service 3) set your current IP address as a static IP in your router Option 3 is usually enough to grab your old IP address from your ISP's IP pool after a disconnection but it isn't guaranteed and your ISP may not like it.

Q) A)

Why cant I run a back-test? Because Leo Trader Pro is a REPLICATOR - it only knows about the currently active positions in our master account.

Q) A)

I think there may be a configuration problem Start by double-checking all settings against the screenshots in the manual. If that doesnt highlight anything then review the Experts & Journal tabs plus the most recent LTP log files in the "experts\files" folder. If any warnings / errors are being reported that you cannot understand then open a support ticket and upload the log file so that we can assist you: http://www.leotraderpro.com/support/

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Q) A)

Which chart and/or timeframe should I attach to? Leo Trader Pro isnt an EA - its a REPLICATOR that mirrors trades on our server, which means that the chart currency and/or timeframe you attach it to arent relevant. Having said that, we do suggest that you attach the replicator to either an EURUSD or GBPUSD as this allows for more accurate calculation of the estimated cash risk of each trade (displayed on the chart) but thats just for information purposes and doesnt affect trading in any way.

Q) A)

The chart has showed Initializing for several hours Remember that the system cannot initialize if the markets are closed (depending on your broker, approximately 17:00 EST on Friday through to 17:00 EST on Sunday). If the markets are definitely open (the time will be updating in the Market Watch window) then the most likely cause is a configuration issue so go back through the manual and check all settings.

Remember... if you get stuck or just need a little help at any point, you can reach our support staff during normal market hours (17:00 EST Sunday through to 17:00 EST Friday) by going here: http://www.leotraderpro.com/support

Happy Trading!

The Leo Trader Pro Team

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