Kestrel Expert Advisor Support
Support for the Kestrel expert advisor on MT4 covers the four things that decide whether the robot runs at all: where the file goes, which set file matches your level, what a VPS has to do, and what to check when the chart stays silent.
See pricing and licence levels
Setup
A clean setup is three guides in order: install the file, load the set file that matches your portfolio and level, then move the terminal to a VPS so it stays online.
That last one is not housekeeping. In the EURUSD Patient simulation (2010–2025, Dukascopy data) the strategy held open exposure through almost the entire period, so a terminal that is only on while you watch is not running the record you read.
Troubleshooting
An expert advisor that sits on the chart and never opens a trade almost always has one of ten ordinary causes, and ruling them out in the right order takes minutes rather than an afternoon. The checklist starts with the AutoTrading button and ends with a terminal still running an old copy of the file.
Nothing on these pages changes what the strategy does. Kestrel has no stop loss: a basket under water can stay open, and the floating loss is the risk you carry while it does. The figures for each portfolio and level are on the results pages.
Where this fits in the five steps
Buying and running Kestrel is five steps: choose your pairs, then Patient, Active or both for each; choose the level whose recommended capital matches your account; buy the annual licence; install on MetaTrader 4 and load the set files; then follow the record, where every figure carries its date, feed and period.
These four pages cover step four, the part between buying and a running terminal. Like the kestrel that hangs still in the wind, the software works by waiting well — these guides exist so nothing interrupts the wait. For everything before step four, start with Kestrel Forex Robot Price and Licence Levels.
Still stuck? Contact Daemon Digital LLC.
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Support
How to Install an Expert Advisor on MT4
Where the file goes in the terminal, how to switch automated trading on, and how to tell that the robot is actually running.
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Support
Kestrel Forex EA Settings and Set Files by Level
Which preset belongs to which portfolio and level, what a level changes, and the account size each level was sized against.
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Support
VPS for Your Forex EA: What You Need and Which to Use
What the terminal needs from a rented machine: latency to the broker, uptime and memory per MT4 window.
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Support
Expert Advisor Not Working? A Checklist to Fix It
Ten causes for a robot that is loaded on the chart but never opens a trade, in the order that finds the cause fastest.
Frequently asked questions
Do I need to know how to trade to run Kestrel on MT4?
No. Kestrel is software that you install on your own MetaTrader 4 terminal. You keep your account, your broker and your money, and you can switch the expert advisor off at any time from the terminal.
Does the expert advisor keep trading when my computer is off?
Only if the terminal stays online somewhere else. MetaTrader 4 has to be running for the expert advisor to act, which is why the terminal is normally left on a VPS rather than on a laptop.
Can I change the settings myself?
A set file selects the pair, the variant and the licence level for one chart, and it loads from the Inputs tab of the expert advisor in MetaTrader 4, the same way as with any other MT4 robot.
See pricing and licence levels
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