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When placing orders from charts there is no need to remember which type of pending orders to use.
To place a pending order via a chart just right click with mouse on the desired point in the chart where you would like to place the order and select the “Trading” command in the menu. You will [...]
Read more about MetaTrader Tips – Placing Pending Orders Using Charts and view this post/page in full.To modify a working order or create a new Stop Loss and/or Take Profit order, double-click on one of these fields in the order line.
When the order window appears, enter the necessary values.
Source: http://articles.mql4.com/189
Read more about MetaTrader Tips – Modify Stop Loss and/or Take Profit Orders and view this post/page in full.Let’s look at how to optimize an expert advisor. In the example below we will look to optimize the size of stop loss and take profit.
Expert Optimization Steps
1. Open the Strategy Tester window by pressing Ctrl+R.
2. In the Strategy Tester window, select Expert Properties
3. Select the Optimized parameters ( in our example stop-loss [...]
The trading system in MetaTrader 5 differs from that of MetaTrader 4 in its basics. First of all, four types of trade operation execution are supported in MetaTrader 5: Market, Instant, Request and Exchange. Secondly, the new terminal accepts the strict delimitation between the notions of Order, Trade and Position.
To view the full article, please [...]
Read more about MetaTrader 5 Trading System and view this post/page in full.
