User’s manual.

SHORT GUIDE TO USE MYSMART TRADER

MySmart Trader is a Metatrader-based software which is very familiar among investors and traders. MySmart Trader is used to trade various financial instruments such as forex, stock indices, and commodities like gold, and others. This platform provides the tools and resources on the need to analyze the dynamics of prices of financial instruments, make transactions, create and use automated programs (See the Expert Advisor for more informations).

MySmart Trader can be installed on various media such as PC (Personal Computer), Laptop, Mobile Phone, and PDA. MySmart Trader is software that doesn’t use too large bandwidth (not using a Java application) so that even though your internet connection was minimal this software can still run well.

1. First of all you have to download the software MySmart First Trader, please click here

2. Once you download it you can install it directly on your PC.

 

HOW TO SIGN (LOGIN) TO REAL ACCOUNT:

To log into the Real Account (an account that can be used to trade for real), you must perform the following command:

1. Click "File" menu at the top left corner and Select "Login" in the MySmart Trader platform (see picture below)

2. Enter the number of live account Login and Password. (You'll Live login number and password get after you open a real account at PT. MySmartFx. Because the passwords are case sensitive, small letters, big and space is considered different), then click "Login".

If you select the box "Save account information", then you do not need to log in again every time you run the software MySmart Trader, unless you want to move into several different accounts. You can perform this action if you are using a computer / personal laptop. But if you do not use personal computers (computers that are used by many people), then this action is not recommended.

3. Wait for a few seconds as the server will be connected.

4. After you have successfully connected to the server, then your live login number will appear at the top of the MySmart Trader platform.

You can find out if your status either it is "Connected" or "Disconnected" to the server from the sign located at the bottom right corner of the display Trader MySmart like this:

Status: Connected

Status: No Connection

5. Also listed the amount of your money in the Account Balance, and you can start a Live Trading with the money you have.

 

MAIN SCREEN DISPLAY MySmart Trader 4

MySmart Trader has several main screen, those are:

1. Market Watch screen, which is useful to view the Bid and Ask prices. On this screen you can also right-click your mouse to adjust the columns such as adding columns Time, High / Low, Symbols, Specification details of each currency (Symbol - Properties), then issued a new Chart charts, etc. . To view or remove this screen, you can press "Ctrl M".

2. Navigator screen, the screen that contains data about your account and scripts/EA. To show or hide it you can press "Ctrl N".

3. Chart screen, the screen that contains the chart of currency pair movements.

4. Display Terminal, located at the very bottom. On-screen terminals have the menus:

  • Journal, the record of system’s information travel
  • Mailbox, which allows you to read important messages from administrators such as system changes informations, a clock off a big day, your demo account login data, etc.
  • Alerts, which are useful to provide an alarm signal to you when prices touch the level that you set previously
  • News, for market news
  • Account History, to look at your transaction records
  • Trade, to view your transaction is in progress or your order. It also shas the function to view your Account Balance, Equity, and Free Margin.

5. Signal Bar / Server Statu. This image indicates that you have been connected with the server and your MySmart Trader runs well. When the red all like this:, it means you are not connected to the server or there is a problem in your internet connection. You can click on the signal to re-scan or relocate your of server.

6. Toolbar, serves as a "shortcut" to perform various functions MySmartTrader.

You can slide or resize these screens, or can you hide them in accordance with your needs by click, drag and then be move them around and so forth (just like if you use other programs in Windows in general). You also can bring it back by pressing the "View" menu.

To view the full screen chart you can press the F11 key on your keyboard.

 

HOW TO DO TRANSACTIONS

There are two types of orders, those are:

1. Instant Execution (orders with a price on the spot)

2. Pending Order (orders to be executed if the price touches a certain price level you have set before, or commonly called a Limit Order / Stop Order)

You can do the transaction / order or change it at the market opening hours only. There are 4 ways to be able to conduct transactions:

- pressing the F9 key on your keyboard, or

- click 2 times on the currency pair, or

- click the "New Order", or

- Right click on the currency pairs column on the screen "Market Watch" and select "New Order"

 

On the order menu, there are several tabs, they are:

  • The "Symbol" tab, featuring types of instruments that you want traded. Example: "EURUSD, Euro vs. United States Dollars" means you are trading in Euro currency against the USD (EUR / USD).
  • The "Volume" tab, which displays the number of lots you wish to input, and when you input volume by 1:00 so that means you do transactions as many as 1 lot.
  • The "Stop Loss" (SL) and "Take Profit" (TP), are the tabs to fill the Stop Loss to limit your losses, and Take Profit for the target profit you want.
  • The "Comment" tab, if you want to give you a little note for those positions.
  • The "Type" tab, which is the type of your order, if you want to be executed directly on the spot (instant execution) or with a pending order.
  • Buy and Sell button, either you want to Buy or Sell (for instant execution), and if your order is to buy it will be executed at the Ask price, while to sell is the bid price. To execute the trade you just need to click on either one of the two keys.
  • Maximum Deviation tolerance is to limit slippage. When the price suddenly jump the distance of the price jump could be your tolerance for the execution of your order. Its default rate is zero.

 

 

If you choose the Pending Order in the column "Type", it will appear as follows:

In the "Type" tab in the "Pending Order", you can choose some type of limit order (LO) or a stop order (SO) that you want, those are:

  • Buy Limit, which set prices in order to BUY on bawahharga running now.
  • Sell ​​Limit, ie put a SELL order at the price at atasharga running now.
  • Buy Stop, which is put on prices in order BUY atasharga running now.
  • Sell ​​Stop, which put a SELL order at a price below the price running now.

 

Trailing Stop

MySmart Trader also provides the facility Trailing Stop, which is the facility to keep your profits run. The facility is located at the Trade column, just simply right click on the column trade and icons will appear above it. Trailing Stop function is one part of the risk management.

Trailing Stop works on the client side not the server as like Take Profit and Stop Loss do. The Take Profit and Stop Loss will still working and functioning even if your computer is turned off. However, Trailing Stop does not, it only works on the client side so that, you turn off your computer or break your connection then it will stop working.

 

EXPERT ADVISOR (EA)

Expert Advisor (EA) is a program that can be used to automate the analysis and trading process. This program allows you to get the output of technical analysis based on the signals obtained from the price movement data. The program was developed by program developers who are separated from PT MySmartFx.

MySmart Trader provides this EA tool on trading platforms, but for enabling this tool, you must have a real account (not a demo account).

EA that use scalping trading systems are not allowed.

To use an EA, you can choose the EA you want by clicking the icon on the screen Navigator Expert Advisor.

 

ACCOUNT HISTORY (See Transaction Report)

You can view reports of your transactions, and you can save or print. This report is very detailed. To do this, you can click right in the area of ​​the menu "Account History".

For other menus, such as setting the Time Period, Chart, Indicator, etc. you can do by right-clicking on the Chart screen, or by using the function menu at top.

 

USE IN THE PDA PHONE (MOBILE TRADING)

To use MySmart Mobile Trader on a PDA, how to use the software is almost exactly like the PC / Laptop, but with a smaller screen. For how to install software on the PDA can be read in the manual book of your PDA. PDA must use the Windows Mobile operating system.

For further information regarding the use of software MySmart Trader, you can contact our client support via live chat.

To get a detailed guide on the use of MySmart Trader please click here