Frequently Asked Questions (FAQ) Page

MyDayTrader MT 5 is our exclusive series of trading bots, each designed with a specific methodology to maximize your strategies in the financial market. All our bots carry the name MyDayTrader followed by the technical indicator they use, allowing you to easily identify the approach of each tool.

For example:

• MyDayMaTrader : Based on moving averages, it detects trends and signals to make buying or selling decisions.
• MyDayBolingerTrader : Uses Bollinger Bands to identify overbought and oversold zones, optimizing entry and exit timing.

Each bot is developed for MetaTrader 5 and is designed for traders looking for highly accurate and adaptable tools. With the MyDayTrader series, we offer you professionally designed bots that are tailored to market best practices, so you can trade with confidence under a single brand identity.

You can adjust:

- Stop Loss and Take Profit

- Start time to open operations: and the End time to open operations.

- Closing time for all operations

- Indicator values ​​in use

- (%) Fixed risk percentage per trade based on the account balance. Every time you have a winning or losing trade, the amount you risk will be adjusted based on the new balance. This approach helps protect your capital in case of losses and take advantage of profits when your account balance increases.

- Interval in seconds between operations

- Maximum number of operations per day

So far the standard version.

In the PRO version:

Partial close in % of lot and ratio: Allows you to lock in profits by closing a percentage of the lot at predefined profit levels. For example, close 25% of the lot when a ratio of 2:1 is reached in relation to the initial risk.

Trailing Stop by custom ratio: The user chooses the ratio where the trailing is activated and the level of protection of the Stop Loss (SL). For example, if you choose to activate it at a ratio of 2:1, the SL will move to a safety point that you define (such as a ratio of 1:1), securing part of the profit as the price advances.

The bot is available exclusively for MetaTrader 5 (MT5) . We do not currently offer versions for MetaTrader 4 or other trading platforms.

You can purchase the bot in our online store. We offer three versions:

• 7-Day Version : Perfect if you want to try out the bot for a short period before committing to a longer subscription.
• 30-day version : Ideal if you want to test the bot in the short term.
• 365-day version : For those who want to take advantage of the bot for a whole year.

• By purchasing the 365-day version, you get any parameter system designed for the bot for free. The name of the parameter system always starts with the name of the bot it works for.
• If you purchase the 30-day version, you get 50% off any parameter system designed for the bot, for free. The name of the parameter system always starts with the name of the bot it works for.
• By subscribing to our email newsletter, you receive a 10% discount on any purchase.

MyDayTrader MT5 is ideal for both beginner traders and experienced traders who want to automate a proven and simple strategy. You don't need to be a professional trader to benefit from the bot, although having a basic understanding of MetaTrader 5 and moving averages will be helpful.

You can use the bot on any market available in MetaTrader 5, such as forex , stocks , indices , and cryptocurrencies . It is flexible and can adjust to the conditions of different financial assets.

The bot is very easy to set up. After downloading it, you can install it in MetaTrader 5 in a matter of minutes, adjust the moving averages parameters and start trading. We also provide you with a detailed installation and configuration guide.

Once you complete your purchase in our online store, you will receive a link to download the bot's .ex5 file, along with a step-by-step guide on how to install and configure it in MetaTrader 5.

Yes, it's yours! You can use MyDayTrader MT5 on multiple trading accounts simultaneously during the period of the purchased version, without the need to purchase additional licenses.

Yes, you can use MyDayTrader MT5 on MetaTrader 5 demo accounts to test its functionality before using it on a live account.

Because the bot is a digital product, we do not offer returns once the file has been delivered. We recommend that you carefully review the product information before making your purchase. If you have any questions, our support team will be happy to assist you before purchasing.

The MyDayTrader MT5 bot is not specifically designed to stop trading during major economic events. If you prefer not to trade during news announcements or high volatility, you can manually disable the bot before such events.

The bot is optimized to run efficiently on MetaTrader 5 without consuming too many system resources. However, it is recommended that your MetaTrader 5 platform is running on a computer or server with enough capacity to handle trading operations without any issues.

Unfortunately, we are unable to provide a new file in case of loss. We strongly recommend that you back up your file in a safe place to avoid any inconvenience. If you need assistance or have any questions, please feel free to contact our support team.

You can subscribe to the newsletter from any page of our store. By doing so, you will receive a 10% discount code that you can apply to any purchase in our store, including the MyDayTrader MT5 bot and the Nasdaq Minute Master strategy.