MetaTrader Australia

Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator’s position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with [...]

TAKE ADVANTAGE OF THIS SPECIAL OFFER BEFORE IT ENDS, 30th SEPTEMBER 2010 What is MYFX? MYFX is a platform that attaches to MetaTrader 4 and gives you full trade controls that professional traders use. If you are going to trade, then get the best platform to assist you. You can literally set-up your whole trading [...]

Pending orders are the client’s commitment to the brokerage company to buy or sell a security at a pre-defined price in the future. This type of orders is used for the opening of a trade position provided the future price quotes reach the pre-defined level. There are usually four types of pending orders available in [...]

<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 [...]

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 [...]

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, [...]