If you are an owner of Splitting Pennies the book, you are entitled to receive:
- Penny Splitter Forex Automated Strategy, an Expert Advisor for the Meta Trader 4 platform
- Forex educational materials, guides, and other information
- Splitting Pennies book updates
- Certificate – Sophisticated Forex Investor Click here to download Certificate in JPG
To receive your free copy of “Penny Splitter” automated strategy, you must register as an owner. Be sure to include your receipt # or order # from your purchase. Then you can download the Penny Splitter installer package by clicking here which will copy the EA to your broker folder. If you do not already have MT4 it will be installed for you. It will allow you to trade on any demo account, but each live account must be registered with Elite E Services.
Download Penny Splitter Meta Trader 4 Templates
Generally, Penny Splitter should use the following settings:
However, the parameters 12 and 13 should be adjusted according to pair and timeframe. The Lot size should be adjusted to the account balance size. For a 10,000 account, it is recommended to start trading with .01 or 1,000 units. This allows Penny Splitter to ‘leg in’ to a larger position, and will limit the floating drawdown on the account.
Penny Splitter requires hedging. If your broker doesn’t allow hedging, you must disable one of the two first settings ‘buy’ OR ‘sell’ and let Penny Splitter just buy or sell.