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Usually this works: just drag the ea to the chart, make your settings (lotsize, pipstep etc.), enable the ea for live trading and dll-import and enable auto trading. If this does not work you should find some error logs in the terminal window (experts-tab). Reasons in this case could be with the...

It depends on the currency pairs you want to trade (and how much) and your balance. For me they weren‘t fine, especially in starting lotsize...

To open several charts make a right click on a symbol -> open in new chart window. Then drag the ea on it, the settings should open. On the second tab you can influence the direction (sell, buy or both). On the third tab you find the settings of the ea and can load set files e.g. Important...

Just open more charts and apply the ea to each of them. That‘s the way as well if you want to hedge your pairs (open two charts for each pair, change the magic number of one of them and set the ea to trade only buy on one chart and only sell on the other chart).

Thanks Osama for your support ;) These are some good hints but I wouldn‘t comply with all of them. An ea works as good as it‘s settings are and how good a user can handle it and his money- and riskmanagement. Just posting settings won‘t help to understand what the ea does. Imagine a risky...

Correct. That is the purpose of this option. To be safe (and if possible) you can restart your MT4 prior changing from false to true again. The creator of the ea is very busy, you may read the statement to his situation just a few posts before yours. Maybe he can’t answer the next time. And I...

please read again... How much pairs have you traded the same time? Which ones? What leverage has your account? What’s your initial lot size (default is 0.1which is a lot to much)? What was the account balance? If you are really interested in using this ea you should give some more information...

... please review again your settings and consider to choose another currencypair ;) Can you post your settings that burned your account, including leverage, number and name of pairs? Have you been trading with other ea in the same account? Maybe we could analyze the problem...

It can, I do this the same. You need to change the magic number. For every pair I use one chart only buy and one chart only sell. All the buy-charts are running under one magic number and all the sell-charts under another magic number. That works fine! Concerning the wrong lot calculations I...

If you just get bad results then you've got bad settings. If you could explain what "none of them are profitable" means in your eyes maybe we could help. You should learn how to control this ea and how to change it's behavior when editing the preferences. It tooks me several times/changes until...

This is one of the best features! It allows you to stop the trading automatically when you are about to change a strategy or want to get out of a currency pair. Or prior to big news. You can control your trading for just one pair/chart/direction and don't have to stop the trading on all charts.

So brother, what is the problem? The drawdown is under 6%, this is quite good for an ea, especially for your lotsize and multiplier. This is not "huge". Lets make a short calculation to get the point (and the risk you may are in): In standard settings PSM starts with 3rd trade and max. trades...