FREQUENTLY ASKED QUESTIONS

1. Does AutoScaler Take All My Trades for me?

     No, not exactly.  You must place the first trade manually, including stops and targets, and after that AutoScaler will do the rest, adding in anywhere from 1-10 additional trades with stops and targets preset to your specifications.

2.  Does AutoScaler Work Only With Gold Charts?

     No, AutoScaler is designed to work with all currency charts PLUS Gold.  For the last several months, Gold has been trading much better than just about every currency pair you can name, and that's the reason you see so many Gold examples on this site.

3.  Do you have any backtest results I can look at?

     No, simply because this is NOT an EA that takes the first trade for you.  AutoScaler requires you to decide what direction price is about to move, and after you take the first trade, will do the rest of the work for you.

4.  Does AutoScaler only work with Market Orders, or does it also work with Pending Orders?

     Both.  You can either jump into a trade using the Market Order function of MT4, or you can place a pending order using the Stop/Limit function of the MT4 trade manager, and AutoScaler will kick into gear once your pending order goes live.

5.  Do I need to use Renko charts to use AutoScaler?

     No, AutoScaler will work with any MT4 charting setup, including Renkos, candlesticks, bars and lines.  Renkos are used in these examples because Renkos give a very clear view of price action, without all the noise and clutter you see on candlestick and bar charts.

6.  Can you suggest a certain trade system to use with AutoScaler?

     Yes.  In fact, part of the AutoScaler package includes a PDF that details 5 trading methods where 20 pips or more in profits is the expectation.  In the coming days we will be adding videos for each method to assist you in learning how to spot those trades, and in the next 30 days (around January 1, 2013, if not sooner) we will be adding a couple of EAs designed to alert you when one of those trade setups is available to trade.

7.  Can I use AutoScaler with another EA that takes trades?

     Yes, but only if you can get the signal from that other EA and enter the suggested trade manually.  The first trade taken with AutoScaler MUST be entered by you, manually, before the EA will kick into gear and do the rest for you.  We are looking into the idea of creating a different version of AutoScaler that WILL work with other EAs, but we do not have a timetable for release at this time.

8.  I bought AutoScaler but I cannot get it to take any additional trades.  What has gone wrong?

     The odds are very good that it is a simple matter of making sure the checkmarks under the Common tab are in the right place, and that you remembered to type the letters SY into the comments section of the MT4 trade manager when you placed your first trade.  If you did those things and AutoScaler is still not working for you, contact us at support@forexautoscaler.com and we will work with you to troubleshoot the problem.

9.  I purchased an older version of AutoScaler this summer.  Am I entitled to a free upgrade?

     Yes, once you've purchased AutoScaler you are entitled to free upgrades and customer service for as long as you trade.  This includes any and all newer versions of AutoScaler PLUS any new EAs we release in conjunction with AutoScaler.

10.  I bought a copy of AutoScaler for a few dollars from some clown on EBay (or some pirate site).  Will you still provide me with free upgrades and customer service?

     Are you kidding?  (For those who think I am making this question up, it is a duplicate of one I received a few months ago for another product, so I'm throwing it in here as well to make sure no one wastes their money buying knocked off software).  and just to make it perfectly clear, NO, YOU WILL NOT GET UPGRADES OR SUPPORT FROM US.  ASK THE PIRATE FOR HIS HELP.

 

AUTOSCALER HOME

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 futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

All information on this website or any product purchased from this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Simple4XSystem and any authorized distributors of this information harmless in any and all ways.
 

*Depending upon state and country laws - always seek professional advice.