First Setup & Configuration

RelicusRoad Pro is on your chart now, but it is still on its factory settings, and a factory chart is a busy chart.

By the end of this chapter you will have told the indicator what kind of account you trade, chosen a single strategy to learn, hidden the things you do not need yet, set a couple of alerts, and saved all of it as a template you can reuse.

Work through it in order. Each step builds on the one before, and the whole thing takes about fifteen minutes.

Step 1: Tell it about your account

Open the indicator’s input settings. On MetaTrader, right-click the chart and choose the indicator’s properties; on TradingView, click the gear icon next to the indicator’s name.

Find the account type setting first. Personal is the one for an ordinary broker account, and it leaves every target and limit for you to set. Challenge practice is for practising on a demo account with your own target and drawdown levels, where drawdown means how far your account is allowed to fall from its high point before you are out.

Three more settings sit next to it:

• Challenge account size — the size of the account you are trading, for example 10,000 USD.
• Challenge account phase — demo, phase 1, phase 2, or live.
• Profit target display — whether your target shows as a percentage or as a dollar amount.

Set these honestly. They are what the indicator uses to show you how close you are to your own limits, so a made-up number makes the readout useless.

Step 2: Choose one strategy

RelicusRoad Pro ships with seven strategies. A strategy is a ready-made recipe: it says which tools to use together and when to act. Choosing one in the settings switches the matching features on for you, so you do not configure anything by hand.

If you are new, pick one marked easy. Strategy #3 and Strategy #7 are the gentlest places to begin, and the full Strategies section explains each one properly.

Prefer to build your own mix? Select the custom strategy option instead. That hands every feature back to you, so you switch things like the liquidity levels, support and resistance, signal lines, action levels, arrows and market sessions on or off yourself. It is the right choice later, once you know what each one does. It is a poor first move.

Tip: One strategy, for at least a few weeks. You cannot tell whether a strategy suits you if you swap it every other day.

Step 3: Clean up the display

A chart you cannot read is worse than no indicator at all, so switch things off freely.

Three things are worth keeping on whatever you trade. Action levels mark areas where price may react before they fully form. Market sessions show when London and New York are open, which is when most movement happens. The candle timer counts down to the close of the current candle, so you know how long you have before the bar you are watching is final.

If your computer is slow or the chart stutters, switch off the historical arrows, drop the multi-timeframe analysis, and stop running heavy features on the very low timeframes. The Customization options chapter covers the appearance settings in detail, and Advanced settings covers the rest.

Step 4: Set a few alerts

Alerts tell you something happened while you were not looking at the screen. You can set them for price reaching a support or resistance level, price breaking through a liquidity level, the previous day’s high or low giving way, an arrow appearing, a trend change, or a session opening or closing.

Keep it to three to five active alerts. Give different signals different sounds, so you know what happened without looking. Test them against past price data before you rely on them. And turn them off around high-impact news, when everything fires at once and none of it means much.

Step 5: Save it as a template

Do not skip this step. It saves you the most time later.

On MT4 or MT5, right-click the chart and choose Save Template. Name it so you will recognise it later, something like RR_Scalping_EURUSD rather than template2. From then on you can apply the whole setup to a new chart in one click.

Then back it up. Export your indicator settings, take a screenshot of your inputs, write down anything unusual you changed, and store your license keys somewhere safe.

Step 6: Test before you risk money

Run your setup on a demo account for a week before any real money touches it. In that week, check that every signal draws the way you expect, that alerts fire when they should, and that you can actually place and close the trades your strategy asks for. Keep a short record of what happened.

The point is not to prove the strategy makes money in a week. It cannot. The point is to find the setup problems and the hesitations now, while they are free.

Mistakes people make here

Switching everything on. It is the easiest trap to fall into. Every feature enabled means a chart so crowded you stop seeing any of it. Start with the handful your strategy needs and add more only when you miss them.

Guessing the account numbers. If the account size or phase is wrong, every target and limit the indicator shows you is wrong too.

Setting a target you cannot reach. Pick a target that matches the account size and the strategy, and size your positions so a normal losing run does not end your account. Losses are part of trading, and a setup that assumes otherwise breaks the first week.

Never saving a template. You will rebuild the same configuration five times and get it slightly different each time.

Questions people ask

How long should I practise before going live? At least a week on demo to shake out the setup, and longer if you are new to trading. A month is a sensible target if you want more confidence.

Can I use different settings on different charts? Yes. Save one template per setup and apply whichever one fits the chart in front of you.

What if I change my mind about the strategy? Choose another one in the settings and the features adjust themselves again. Just give the first one a fair run before you do.

Where do I ask for help? The Discord community has channels dedicated to setup questions, and the user manual chapter maps out the rest of this book.

Remember:

• One account type, one strategy, and only the features that strategy needs.
• Save a template the moment the chart looks right.
• Test on demo first; the week it costs you is the cheapest week in trading.

Your chart is ready. Now it is time to learn to read what it is drawing, and we start with the tool everything else hangs off: Road Levels.