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Posts Tagged ‘metatrader tips’

If you want to change the traditional arrows drawn by your indicators, here is the symbols that you can use in MetaTrader with their respective code :

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Sep 9th, 2010 | Filed under Uncategorized

<h1>How do stop orders work in MetaTrader?</h1> Buy stop, Sell stop and Stop loss orders do NOT guarantee an order will be filled at a certain price.  Your specified price is known as the stop price.  Once the stop price is met or exceeded, the order becomes a market order.  Market orders instruct the broker [...]

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May 17th, 2010 | Filed under MetaTrader General

You are able to manually set scale charts in MetaTrader by pressing F8 -> click the Common tab -> then select Scale fix.

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Mar 28th, 2010 | Filed under MetaTrader General

The current price shown on an MT4 chart is the bid price. When looking at a price bar or candle, you must add the spread to the high bid price to know what the high ask price would have been, or add the spread to the low bid price to know what the low ask [...]

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Feb 8th, 2010 | Filed under MetaTrader General

You receive the “Trade context is busy” message when you try to process two or more orders at the same time. If you have placed a trade and do not wait until it processes completely and then try to place the same trade or a different trade, the commands go into a loop and you [...]

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Feb 8th, 2010 | Filed under MetaTrader General

By using Chart Templates the chart background, bars colors, indicators and objects can be saved and used on other charts. To do this, setup any chart as you wish: set colors, superpose objects, attach indicators, etc. Then select the “Charts -> Template -> Save Template…” menu and save the obtained template as default.tpl

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Nov 26th, 2009 | Filed under MetaTrader General

To back test an expert advisor (EA) follow the steps below. Open the Strategy Tester window by pressing Ctrl+R Select the expert advisor you wish to back test Select the symbol you wish to back test Select a testing model (every tick model recommended) Set a testing period Press Start

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Nov 17th, 2009 | Filed under MetaTrader General

You can create several sets of symbols and switch between them. This can be very useful if you work with different groups of symbols (currency pairs, futures, etc.). This allows you to hide all “excessive” symbols and save your favourite symbols. Source: http://www.metatraderglobal.com/488/metatrader-tips-symbols-sets/

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Nov 10th, 2009 | Filed under MetaTrader General

If news is disabled your internet traffic will be reduced. To disable news simply open the “Tools -> Options” menu and un-tick the “Enable news” field in the “Server” tab. Source: http://www.metatraderglobal.com/479/metatrader-tips-save-bandwidth-disable-news/

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Nov 10th, 2009 | Filed under MetaTrader General

Your internet traffic can be reduced if the unused symbols are hidden. You are able to hide symbols several ways: 1. Right mouse click in the “Market Watch” window then select “Hide All”. 2. Select the symbol using the left mouse button then press Delete. 3. Right mouse click in the “Market Watch” window and [...]

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Nov 10th, 2009 | Filed under MetaTrader General