Forex-Kitty — Quick Start Guide
From download to a running, licensed EA in about ten minutes. The same guide ships as a PDF inside your download package.
1. What's in your package
Your download Forex-Kitty-v1.20.zip contains:
- Forex-Kitty.ex5 — the Expert Advisor for MetaTrader 5
- SetFiles/ — 6 calibrated configurations (5 pairs + a $5,000 EUR/USD starter)
- Forex-Kitty-Guide.pdf — this manual
2. Requirements
- MetaTrader 5 with a hedging account (not netting — Forex-Kitty holds BUY and SELL positions at the same time).
- A broker offering the traded pairs at or below the EA's
MaxSpread(30 points default). - A VPS is strongly recommended for uninterrupted 24/5 operation.
- Internet access from the terminal for the hourly license check.
3. Install the Expert Advisor
- In MetaTrader 5, open File → Open Data Folder.
- Copy
Forex-Kitty.ex5intoMQL5\Experts\. - Right-click Navigator → Expert Advisors → Refresh.
4. Allow the license server (one-time, mandatory)
Forex-Kitty verifies your license once per hour. You must allow its URL, or it cannot confirm the licence.
- Open Tools → Options → Expert Advisors.
- Tick "Allow WebRequest for listed URL".
- Add exactly:
https://kitty-ea.net - Click OK.
5. Register your trading account
- Log in to your Customer Area.
- Under a license, enter the MT5 account number and select Live or Demo.
A single license covers 1 live + 5 demo accounts; the 5-pack covers 5 live + 20 demo. The broker is locked to an account on first use for security.
6. Load a currency pair
Each pair has its own calibrated set file with a unique magic number, so you can run several pairs in parallel from one terminal.
| Pair | Set file | Grid distance | Magic | Suggested deposit |
|---|---|---|---|---|
| EUR/USD | ForexKitty-EURUSD-10K.set | 150 pts | 260724 | 10,000 |
| EUR/USD (starter) | ForexKitty-EURUSD-5K.set | 150 pts | 260724 | 5,000 |
| EUR/GBP | ForexKitty-EURGBP-10K.set | 150 pts | 260725 | 10,000 |
| NZD/CAD | ForexKitty-NZDCAD-15K.set | 100 pts | 260726 | 15,000 |
| USD/CHF | ForexKitty-USDCHF-10K.set | 50 pts | 260727 | 10,000 |
| EUR/CAD | ForexKitty-EURCAD-15K.set | 50 pts | 260728 | 15,000 |
New in v1.20
Forex-Kitty now ships with a third entry engine, the EMA25 return opener: it starts
new cycles during calm drift phases when neither the sniper pullback nor the Bollinger re-entry fires,
entering in the direction of the higher-timeframe trend once price returns to its EMA25 base line.
The range-entry RSI levels moved from 40/60 to 45/55. In the full 2024–2026 real-tick backtest this
raised net profit while slightly lowering the maximum drawdown. A new $5,000 EUR/USD starter
configuration (0.01 lot grid) is included as ForexKitty-EURUSD-5K.set.
- Open the pair's chart and drag Forex-Kitty onto it.
- On the Inputs tab click Load and pick the matching set file.
- On Common, enable "Allow Algo Trading", click OK.
- Make sure the toolbar Algo Trading button is green.
7. How it trades
An ADX gatekeeper on M15 sets the regime: in a trend it waits for EMA-fan pullbacks with rejection candles; in a range it trades Bollinger re-entries confirmed by RSI. Positions are managed as a basket with a volume-weighted take-profit, an escape mode when the trend breaks, and a waterfall reduction where the best winner pays off the worst loser. Grid additions always require a fresh signal. From a set drawdown threshold a Money Pot sets aside realised profits and spends them to pay down the position furthest from price in the smallest tradable steps — balance-neutral, using the account’s own winnings.
By design, Forex-Kitty uses no stop-loss. Risk is managed through grid density, the waterfall reduction, the Money Pot and the optional hedge module — a deliberate strategy choice you should understand before trading live.
8. Support & risk notice
Questions? Use the contact form and include your license key.
Forex-Kitty is a software tool, not a financial service and not investment advice. Trading FX and CFDs involves substantial risk of loss and is not suitable for every investor. Back-test results are historical simulations and do not guarantee future performance. You are solely responsible for your trading decisions and the funds you put at risk.