Now that you have learned the strategy details, how you will work closely with the TrendBot EA to identify intermediate trend opportunities and manage the risk, you have completed a backtest to see exactly how TrendBot is taking trades, you are ready to set up your account, register your account number with us, and join us in the Team Bot Trading Room I Slack.
The trading room in Slack is called trendbot, and that is we communicate real time on all things regarding the TrendBot EA, identifying opportunities and implementation.
TrendBot EA License Activation
Once you have registered your account number with us, you will receive an email with the TrendBot EA, date of the license activation and the account number you have registered. Confirm this number is correct as it will only work with that account. TrendBot will cease to work a few days after your membership expires. That way if there is a problem there is enough time to fix it before expiration. You will receive a new email with the TrendBot EA upon renewing your membership.
VPS & Recommended Brokers
VPS (Virtual Private Server) is a server that runs 24/7 and allows you to run your trading account outside of your own computer. As MT4 must be on at all times this will ensure that your account is running at all times. Brokers offer VPS services but we don’t recommend them for obvious reasons. There are many companies out there offering VPS services, and you can find the one we use in our Recommended Brokers Section.
For information on our recommended brokers and VPS service click here.
This is the end of the TrendBot EA details. Once you have marked each lesson complete, go ahead and take the final quiz to test yourself that you understand the strategy and what it takes in order to successfully implement the plan.