David EA v0.40
==============


Installation & Setup
====================
1.  Unzip the distribution file.
2.  Run "setup_David_EA_0.12-Alpha.exe".
3.  Select your MT4 folder as the installation folder. For example: 
    "C:\Program Files\MetaTrader 4".
3.  Restart MT4 terminal.
4.  Open chart.
5.  In navigator window look for "David EA" under expert.
6.  Drag "David EA" to chart window.
7.  Make sure "Allow live trading" is checked. In Safety section, check everything except "Confirm 
    DLL function calls".
8.  Go to Inputs tab. If you have ever installed old version of the EA you need to push reset 
    button.
9.  Click the value of parameter you want to change, then type value as you desire.
10. Enable "Expert Advisors" on tool bar.
11. At this point you should see a smiley on the right top corner of the chart window.


Input Settings
==============
1.  Slippage.
    Slippage reflects the difference in pips between price at open position order and price at the 
    real opened order due to market conditions, poor execution, etc.
2.  TrailingStop
    Profit in pips to determine when the EA starts to lock stoploss. Stoploss will be calculated as 
    current price (ask or bid) minus/plus the value of TrailingStop. To disable TrailingStop simply 
    put zero.
3.  TP_SL_Ratio.
    Ratio between take profit and stop loss.
4.  Risk & LotSize.
    Risk is a percentage of free margin risked in one open position. The value in Risk is used to 
    calculate the size of lots.
    If Risk = 0 and LotSize > 0, the EA will use the value of LotSize instead.
5.  ShowComment.
    Set it true to display comment on the top left of chart.
6.  ShowAlert.
    To enable/disable message box alert.
7.  VoiceAlert.
    To enable/disable voice alert.
8.  UseMACDEntry.
    To enable/disable MACD in entry signals.
9.  FastPeriod, SlowPeriod, & SignalPeriod.
    Period used in MACD.
10. UseStochasticEntry.
    To enable/disable Stochastic in entry signals.
11. FastStoK, FastStoD, & FastStoSlowing.
    Settings for fast stochastic.
12. SlowStoK, SlowStoD, & SlowStoSlowing.
    Settings for slow stochastic.
13. ServerTimeToGMT.
    The time difference between server time and GMT in hours.
14. UseSession1, StartSession1, EndSession1, UseSession2, StartSession2, EndSession2, UseSession3,
    StartSession3, and EndSession3.
    Params to use in sessions.


Version History
===============
0.40 2008.06.19 Alpha version.


Copyright
=========
David Aw is the copyright holder of "David EA". 


Disclaimer
==========
Trading foreign exchange carries a high level of risk, and may not be suitable for everyone. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

i-System, the developer of "David EA", will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on "David EA".


2008.06.18
Yogyakarta, Indonesia

i-System
i-system@telkom.net