JewelForex documentation

From first bot to supervised deployment. No system can remove market risk, so the workflow is designed to limit exposure and make every decision testable.

1

Create

Sign in, open Build, choose Auto Work or Manual, and select your platform, pair, timeframe, and risk.

2

Review

Check the generated source and safety inputs: stop loss, minimum risk/reward, spread cap, daily loss, drawdown, margin level, and trades per day.

3

Compile

Download .mq4 or .mq5, open MetaEditor with F4, place the file in MQL4/Experts or MQL5/Experts, and compile with F7.

4

Backtest

Use Strategy Tester (Ctrl+R) with realistic spread, commission, and at least six months of data. Reject unstable or overfit results.

5

Demo-test

Run on a broker demo account for two to four weeks. Confirm execution, symbol suffixes, trading hours, lot size, and logs.

6

Operate carefully

Start at low risk, monitor the Experts and Journal tabs, keep AutoTrading and your VPS under your control, and stop after abnormal behavior.

Built-in circuit breakers

Generated EAs stop opening new trades after the configured daily equity loss, peak-equity drawdown, trade-count, spread, or margin threshold is reached. Existing positions still follow their stop loss; gaps and slippage can exceed planned losses.