Frequently Asked Questions Print E-mail

I don’t have any experience of the Forex; can I still trade successfully with profit gain?

Answer: Of course, AugustForexGolem is for you. AugustForexGolem is made for all kind of forex traders i.e. for novice as well as for experienced traders.
Question: I heard about Expert Advisors [EAs] that do automated trading in MT4. Is AugustForexGolem also an EA?
Answer: Yes, it is an Expert Advisor for metatrader terminal.
Question: What Account Leverage is required for this EA?
Answer: Works with any leverage.

Which currency pairs can be traded with the AugustForexGolem EA?

Answer: AugustForexGolem can be used on: EURGBP, EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURCHF, GBPCHF, EURCAD, EURAUD, USDSGD, NZDUSD, EURNZD, AUDNZD, AUDCAD, AUDCHF, CADCHF etc. AugustForexGolem can be used either on any one of currency pair or more than one at once. We have seen better results when AugustForexGolem is used on EURUSD with 1-minute time frame
Question: Can you recommend some currency pairs out of these for optimum performance?
Answer: We have seen better results when AugustForexGolem is used on EURUSD.

Which timeframe does AugustForexGolem Trade?

Answer: AugustForexGolem EA works on 1 minute time frame chart [M1]

Is it difficult to setting up the EA?

Answer: It is very easy, less than a minute.
Question: If I got any problem or doubt regarding AugustForexGolem EA, then, Do you have any support?

We have exceptional customer support. Our experts are available 24x7 a week for assistance.


I already have an account with a forex broker. Can I setup the EA on my existing account?

Answer: Of course! AugustForexGolem EA can be setup on the MT4 terminals. It doesn’t matter how much your account is old.
Question: My broker is 5 Digit (means it shows prices like 1.41045 instead of 1.4104), will AugustForexGolem work? Just want to know: Is its working affected with 4 digit and 5 digits brokers?

Yes, it'll work. It automatically adjusts itself according to the 4digit or 5 digits as the case may be. You don’t need to do anything in this regard.

Question: My broker doesn't allow hedging, will it be a problem?
Answer: hedging is must for proper working of August Forex Golem EA.

Question: Will you provide optimum values of all parameters of AugustForexGolem EA?
Answer: Of course! all defaults values are optimum values.

Does AugustForexGolem EA require any kind of human intervention?


AugustForexGolem EA is a fully automated forex trading software. It doesn’t require any kind of human intervention. After purchase, you just install it and if you wish to change the default parameter values, you can. Then you have to leave it running on MT4. The only condition is that, your internet connection must be reliable.


What happens if I lose internet connectivity for a short time?

Answer: It is highly recommended that your internet must be connected throughout the trading hours. But if you got disconnected internet then no need to worry, simply reconnect the internet, and it will start working again. But if you remain disconnected for a long time, then you may miss many new trading opportunities. No new trades will be taken while internet is disconnected or your computer is power off.

Can I leave the EA running over night?


Of course! AugustForexGolem EA is a fully automated system and it doesn’t require any human intervention.


Do I need to keep on watching the Trading terminal and EA?

Answer: No need to watch it continuously. You can leave the EA running while you are at work.

Do I need to turn off the EA in weekend days (Saturday & Sunday)?


No need to turn off the EA in weekend days.

Question: Lastly, will it work with ECN brokers?
Answer: Of course! it works well with ECN brokers.

IF YOUR QUESTION IS NOT LISTED HERE, You may send your queries on This e-mail address is being protected from spambots. You need JavaScript enabled to view it


© 2015 All rights reserved.