FAQTHE YWY ROBOT V1.0

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Feedback and Trading results

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What is the YWY EA (Expert Advisor)?

■ An expert advisor (trading robot), commonly referred to as an EA, is a tool that automatically places and exits trades for you. The YWY EA works for MT4 platform only.

■ The YWY ROBOT uses the YWY strategy introduced by trader with nickname Uncle Lee on Telegram. The YWY strategy is a good trading system and verified by thousands of traders in Uncle Lee’s group, so that’s why I decided to automate this strategy.

■ With the YWY ROBOT you no longer have to worry if you are doing the right things or not and you no longer have to read the news and financial statements. Instead, the YWY ROBOT will do all these for you consistently because it has been told to do so.

■ All you have to do is to let the system work while following the defined rules of YWY strategy and you sit back and watch the trades play out.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com3

What is the YWY strategy?

■ The YWY strategy is described in detail in this video https://www.youtube.com/watch?v=Ywu58fKrW94&t=205s

■ The YWY strategy introduced by trader with nickname Uncle Lee on Telegram. The YWY strategy is a good trading system and verified by thousands of traders in Uncle Lee’s group, so that’s why I decided to automate this strategy.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com4

https://www.youtube.com/watch?v=Ywu58fKrW94&t=205s

What about Forex economic news impacts?

■ YWY EA has a live data feed of all important Forex news. These data are synchronized with the EA meaning the EA knows and can determine what to do and if to trade or not.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com5

Can I move my license to a different MT4 account ID?

■ Since your MT4 license is locked to your MT4 account ID the YWY EA will work only on the MT4 account number and name you have submitted during license registration. If you want to move your license to a different MT4 account ID please let me know. I will do this for you. Your previous account ID will be compromised then.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com6

How many pairs the EA is running and what time frames?

■ All forex pairs

■ Metals

■ Indices

■ Recommended to run on H4 timeframe.

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The EA trades with TP and SL?

■ Of course! The EA uses TP and SL. The EA allows to exit trades automatically when the major trend reversal detected.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com8

Can I run the YWY EA with other trading systems on the same MT4?

■ Counter-question! Do you put gasoline and diesel in the same car? The YWY EA is a very need the Melalrader4 station for himself.

■ When you run the EA, you CAN trade manual with the same MT4, but no install

another EAs.

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What happens when I add additional money to my account?

■ Nothing, if you select automatic position sizing based on account balance risk percent, it would increase the calculated lot size.

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Should I run the YWY EA on a VPS?

■ Yes you should, It makes so much sense to have the EA running on a VPS. You get a

high performance infrastructure with stable internet connection.

You do not know what VPS services provider suits this EA? Check my VPS

service, that is cheapest on the market and collocated in the U.S. Select your plan from $5 per month here:

https://forexautotradingtools.com/product-category/vps-services/

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https://forexautotradingtools.com/product-category/vps-services/

For how long will the trades be open?

■ It can be from a few hours up to few days.

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Can I attach indicators on the YWY EA chart?

■ Yes, you can attach any indicators on the chart with running YWY EA for visual purpose.

■ The EA calls and reads data from YWY indicators itself without loading them on the chart.

■ Be aware that loading many indicators onto a chart can slow down your VPS/PC performance.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com13

How to stop the YWY EA?

■ If you want to prevent the EA from opening new trades, then you need to turn off the MT4 auto-trade function. If there are still open trades on your account, you will take care of them manually until all are finished.

■ Since you have turned off the auto-trade function, no new orders will be taken.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com14

Can I close trades manual?

■ Yes

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Can I adjust money management like % of Balance?

■ Yes, you can. The YWY EA come with very advanced money management feature.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com16

What is the drawdown produced by the EA?

■ It depends on what is your capital and how many pairs do you run the EA on. On average 15-20% maximum.

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What is the monthly gain with the YWY EA?

■ YWY EA is recommended to run on H4 and it is based on the SWING YWY strategy introduced by Uncle Lee.

■ It is very potential EA for long-term. On average return of 30-50% per pair per year is very possible.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com18

How many trades are open at the same time? Does the EA fulfill the FIFO rule?

■ The EA takes only one trade per pair at one time and waits if price hits SL or TP or automatically closes the trade when it predicts the possible trend reversal. So it absolutely fulfills the FIFO rule.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com19

Is it possible to run the EA on specific hours in the day or specific days in the week?■ Yes. The YWY EA come with hours filter and weekday filter.

■ The hours filter works on MT4 (sever) time.

■ These filters allow EA to open new trades in specific times only, but running trades are still controlled by the EA.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com20

Is it possible to change input parameters of YWY used indicators?

■ Yes. The EA uses 5 indicators according to YWY strategy. They are: Semafor, Beast Super Signal, MA, TDI, Xprofuter.

■ All those indicators can be configured directly in the EA input interface.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com21

What is the minimum account balance it can start with?

■ You can start with $50 capital and trading on one major forex pair with 0.01 lotsize.

■ It is recommended to have at least $50/forex pair/0.01 lotsize (for GBPXXX pair it needs at least $100/pair/0.01 lotsize, for XAUUSD at least $500/0.01 lotsize).

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How to set up the YWY EA

■ EA comes with detail manual on how to set it up.

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com23

Where can we buy the YWY EA?

■ You can buy it on my official website:

https://forexautotradingtools.com/product/the-ywy-ea-v1-0-1/

Payment methods:

➢ Bitcoin (Recommended)

➢ PayPal

➢ Credit cards

Telegram: t.me/YWYEAGroup; www.forexautotradingtools.com24

https://forexautotradingtools.com/product/the-ywy-ea-v1-0-1/