SmartOrder 2 User Guide

(April 2022)
© ActivTrades PLC

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ActivTrades SmartOrder 2 User Guide
Contents
1. General Information .........................................................................................................................3
2. Installation ........................................................................................................................................3
3. Starting Application......................................................................................................................... 10
4. Updating Application ...................................................................................................................... 11
5. Multi-language Function ................................................................................................................. 12
6. Usage and functionality .................................................................................................................. 13
6.1. Opening position..................................................................................................................... 13
6.2. Closing positions ..................................................................................................................... 13
6.3. Reverse positions..................................................................................................................... 14
6.4. Delete Pending Order ............................................................................................................. 14
6.5. Open new Pending Order ....................................................................................................... 15
6.6. Functions................................................................................................................................. 16
6.6.1. Close On Time ................................................................................................................. 16
6.6.2. Close All on time .............................................................................................................16
6.6.3. Close All on Equity ..........................................................................................................17
6.6.4. One cancel the other (OCO)............................................................................................17
6.6.5. Trade on time..................................................................................................................18
7. FAQ .................................................................................................................................................19

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ActivTrades SmartOrder 2 User Guide
 1. General Information

Smart Order 2 has been developed to optimize SmartOrder 1 by:

 Adding new design

 Improving one–click trading
 Optimizing performance
 Adding new updating software
 Enhanced security
 Adding multi-language function

SmartOrder 2 focuses on simplicity, but keeps most of the SmartOrder 1 functionalities

making this add-on more advantageous and user-friendly.

2. Installation

1. Close MetaTrader4 terminal. Uninstall SmartOrder 2 (if existing instance

is present) - press the "Win" key on the keyboard and search for "Add or
Remove Programs":

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 2. In the search field of "Add remove programs" search for SmartOrder2:

2.1. Uninstall everything in the search result

2.2. Unpacking SmartOrder 2 - from the downloaded package: SmartOrder2.msi
2.3. Choose installation folder:
The default installation folder is: “C:\Program Files (x86)\Activtrades PLC\SmartOrder2\”. It
should be changed to: “Data folder” of Metatrader4:
example:
“C:\Users\sdimitrov\AppData\Roaming\MetaQuotes\Terminal\A6DFBB1B8DE9672D23
28FF3445436DEC”

 Default installation path:

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  Required installation path:

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To get the right installation path open MetaTrader4 terminalFileOpen Data Folder.

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  Copy the path from the Windows Explorer and past it in the SmartOrder2
installation destination address.
 Click “Next” after the end of installation.
 If the installation is successful, in Data Folder of MataTrader4 folder “SO” should
be present.
 “SO” folder should contain the installation file for SmartOrder2 application.

3. Run „setup.exe“, form “SO” folder.

With all done by now, SmartOrder2 is installed. Icon of the application should be placed on the
Desktop.

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 3.1. Few more adjustments:

 From the list with Experts in MetaTrader4 terminal attach SmartOrder2 Expert to one
of the charts. During the attachment make sure to checkmark “Allow DLL imports”
and “Allow live trading”.

 In Metatrader4 from Tools menu select Options and go to Expert advisors tab in the
dialog window. Make sure that the checkbox “Allow automated trading” is marked.

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  Click the “Auto Trading” button in the MT terminal

4. Run SmartOrder2 by clicking on the desktop icon.

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ActivTrades SmartOrder 2 User Guide
 5. You can set your automated trading from the “Functions” tab

3. Starting Application

1. Start your ActivTrades MetaTrader 4 platform

2. Open the navigator window, attach the SmartOrder 2 Expert Advisor to a chart and
follow the below instruction:
a. Click “Allow live trading”, unclick “Ask manual confirmation”,
b. Click “Allow DLL imports”, unclick “Confirm DLL function calls”,
c. Click “Allow import of external experts”
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ActivTrades SmartOrder 2 User Guide
Note: Make sure the EA is only attached to 1 chart.

Start the “SmartOrder 2” using the shortcut located on your desktop.

4. Updating Application

If new updates are available, a confirmation message will appear when launching
SmartOrder 2.

To update SmartOrder 2 simply click “OK”.

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 5. Multi-language Function

SmartOrder 2 is available in following languages:

 English
 Russian
 French
 Italian
 Spanish
 Portuguese
 German
 Bulgarian

Use the drop-down menu to change the language.

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 6. Usage and functionality

6.1. Opening position

Use the drop-down menu to select a trading symbol. Use the Sell and Buy buttons to send a
market order to the broker. The volume is set in the “Lots” field. You can set your Stop Loss
and Take Profit in points.
Note: 1 point equals 0.0001 for 4 digit symbols (e.g. EURUSD), and 0.01 for 2 digit symbols
(e.g. USDJPY).

If the Stop Loss and Take Profit have not been set at the correct levels, as defined on our
website, the SL and TP fields will be highlighted in red and you will be unable to place an
order. Please bear in mind when setting the Stop Loss, the spread of the selected symbol
has to be added on top of the desired Stop Loss level.

6.2. Closing positions

All open positions are listed in the “Positions” tab.

There are 3 different options to close a position over the SmartOrder.

a) To close all positions for a specific symbol, use the drop down-menu, choose a
symbol and click “Close”.
b) To close one specific symbol, use the red “X” button next to the individual position.
c) If all open positions have to be closed immediately, choose “All” from drop-down
menu and click “Close”.

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 6.3. Reverse positions
Choosing symbol from the drop-down menu and clicking “Reverse” will stop and reverse all
positions for the selected symbol. For example, if you have 3 Sell positions of 0.01 lot each
and 1 Buy position of 0.01 lot, the result will be 1 Buy position of 0.02 lots.

Choose “All” to reverse all your positions for all symbols.

6.4. Delete Pending Order

All pending orders are listed in the “Pending Orders” tab.

There are 3 different options to delete a pending order using the SmartOrder 2.

a) To close all pending orders for a specific symbol, use the drop down-menu,
choose a symbol and click “Delete”.
b) To close one specific symbol, use the red “X” button next to the individual order.
c) If all pending positions have to be deleted immediately, choose “All” from drop-
down menu and click “Delete”.

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 6.5. Open new Pending Order
To place a new pending order, click on “New” in the “Pending Orders” tab.

Use the drop-down menus to select the desired symbol and the type of the pending order
(BuyLimit, BuyStop, SellLimit, SellStop). The volume for the order is set in the “Lots” field.
You also have the possibility to set a Stop Loss and Take Profit in Points.

Note: 1 point equals 0.0001 for 4 digit symbols (e.g. EURUSD), and 0.01 for 2 digits symbols
(e.g. USDJPY).

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 6.6. Functions

The following functions are listed in the “Functions” tab:

Note: each function can be used more the one time.

6.6.1. Close On Time

This option/ rule allows the user to close a particular position at defined date and time. Click
on the “+” symbol to add the “Close On Time” function to your list of rules which is on the
right side in the “Functions” window. Enter a date and time when the position should be
closed. Use the drop-down menu to select the position. Click the "Start" button to activate the
rule.

When activated, the position will be closed on the first tick after the defined date and time.
After execution, this rule will be automatically deactivated.

6.6.2. Close All on time

In this section, the user can set a “Date and Time” rule to close all open trades. Click on the
“+” symbol to add the “Close All On Time” function to your list of rules. Enter a date and time,
when this rule should be executed. Click the "Start" button to activate this rule.

When activated, all position will be closed on the first tick after the defined date and time.
After execution, this rule will be automatically deactivated.

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 6.6.3. Close All on Equity

This rule allows the user to set a Stop Loss and Take Profit based on Target Equity.
Click on the “+” symbol to add the “Close All On Equity” function to your list of rules. Select
your equity, and choose the course based on the following equation:
 Current Equity > Target Equity = TakeProfit
 Current Equity < Target Equity = StopLoss

Click the "Start" button to activate this rule. When activated, whichever condition is met first,
all the positions will be closed. After execution, this rule will be automatically deactivated.

6.6.4. One cancel the other (OCO)

In this section, the user has the possibility of placing two conditioned pending orders.
Whichever conditioned order is met first, a position will be opened and the other conditioned
pending order will be cancelled.
Click on the “+” symbol to add the “One Cancel The Other (OCO)” function to your rules and
set up the desired conditions, order type and symbols. After the setup is complete click the
"Start" button. When activated, whichever condition is met first, a position will be placed in
the market and the other conditioned order will be cancelled. After execution, this rule will
automatically deactivate.

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 6.6.5. Trade on time

With the “Trade on Time” rule, users can send market orders (buy or sell) at a specific date
and time. Click on the “+” symbol to add the “Trade on Time” function to your rules (area on
the right in the “Functions” window). Set the trade time, the desired symbol from the symbol
drop-down box, trade operation (buy/sell), and volume. Stop Loss and Take Profit are
optional.
After the setup is complete click the "Start" button. When activated, a position will be opened
on the first tick after the defined date and time. After execution, this rule will then
automatically deactivate itself.

When a particular function is executed, an alert appears.

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By clicking on the alert symbol, a journal log will open displaying:

 The executed functions

 Time of execution
 And order number.

7. FAQ

Q: To which symbol must I attach the "SmartOrder" Expert Advisor?

A: Attach it to a Forex symbol of your choice. The Symbol selection in MetaTrader doesn't
affect the functions of the SmartOrder application

Q: If I want to trade more than one symbol, do I need to attach the Expert Advisor to all
charts?

A: No, you can only have one "SmartOrder" attached in your MetaTrader at a time. You can
select your symbols from within the SmartOrder application.

Disclaimer:

ActivTrades PLC is authorised and regulated by the Financial Services Authority, FSA registration number
434413. This User Guide is for information purposes only and should not be considered as investment advice or
an invitation to trade. Although every effort has been made to ensure the accuracy of the information contained
in this User Guide, the decision to act on any methods, ideas and suggestions presented is at the sole discretion
of user.

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This User Guide and all its content are the intellectual property of ActivTrades PLC. All rights reserved. Without
the express written permission of ActivTrades PLC this User Guide may not be copied, or reproduced in any way.
The content contained in the User Guide is for personal use only and cannot under any circumstances be
divulged to a third party.

This User Guide does not take into account your investment objectives, financial situation or needs. Forex, CFDs
and futures are leveraged products and carry a high degree of risk to your capital. They are not suited to all
investors and you can lose substantially more than your initial investment. Please ensure that you fully
understand the risks involved, and seek independent advice if necessary.

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ActivTrades SmartOrder 2 User Guide