Hi. Besides Trading in The Zone, I think that all Brett Steenbarger books are worth it; specially "Enhancing Trader Performance". As a second book after "Trading in The Zone" it will guide you through the long way ahead to become a consistent ...

Trading Psychology That We Need To Succeed

Does the fact that it works inside metratrader affect your normal trading within that platform? Ok, I work as soft engineer so the reason about how I will answer you now. It depends on your system's RAM. I think MT4 uses 1Gb (I know it because I ...

Position Size to Reasonably Ensure Profit Level Receival

Hello Felipe (hola, qué tal). I have purchased url because it is integrated with Metatrader and the testing tick-data is free. So I would recommend you to get it instead of forex tester. It only works if you have an internet connection anyway ...

Position Size to Reasonably Ensure Profit Level Receival

Thank you! The feedback received, it was enough to me. Best regards, Gonzalo.

Metatrader 4 Tool to Improve Trading Orders

Hi all. Since you have been very kind to me, I would like to share the tool for free. Please read the license terms. Only for natural persons can download and use this software for free for their private purposes, including trading, of course. The ...

Metatrader 4 Tool to Improve Trading Orders

The profit function is directly taken from the server and it should be the difference between the initial account size and the current size. The API also has an order object which you can call to extract other details such as ticket id, comments, ...

Metatrader 4 Tool to Improve Trading Orders

Yes, good feature, when you change the SL the TP is changed according to the predefined ratio and vice-versa. And if you change it on the chart, the other is also reduced in the same manner. I can indeed enable a hook to catch the changes in orders ...

Metatrader 4 Tool to Improve Trading Orders

Another feature. I have tirggered a couple of trades on the wrong instrument. I will try the tool to change the instrument accoding to the one you are managing in Metatrader so that it detects clicks on the chart, chart window change, etc...

Metatrader 4 Tool to Improve Trading Orders

Hi, thank you for your comment. I have seen you need to open a live $500 account with them to opt for a license. Do you know if that license is subject to your subscription with them and if once you are not trading with them anymore the tool will ...

Metatrader 4 Tool to Improve Trading Orders

Hi Nicholishen and Pyhlo. Thank you for your suggestions. Seems a good choice for MT users swapping the buttons, and the rev button is also a good idea. Now you have to click the CLOSE button with the default configuration and then click on the ...

Metatrader 4 Tool to Improve Trading Orders

Added breakeven feature. Also the server field below allows connection for instance through VPN to a remote machine. Let's see if I have time to implement the buttons for pending and close orders, at this moment only the SELL and BUY buttons are ...

Metatrader 4 Tool to Improve Trading Orders

Hello goodways100, What do you mean with subs? Best regards.

Metatrader 4 Tool to Improve Trading Orders

Very nice tool. It is similar indeed but with dynamic additional features I have not implemented yet. As I was speaking about with Isabella, I have thought about including a trading wizard to create trade rules. One feature that it does not have yet ...

Metatrader 4 Tool to Improve Trading Orders

The account currency is used to calculate the cost of one pip of the current instrument and allow to calculate the risk involved with the position size. If you want to know how much will cost to your account 1 pip of EURGBP and your account is in ...

Metatrader 4 Tool to Improve Trading Orders

My idea is sharing it in the future for individuals without limitations for free but: I am not thinking about selling this because I have not time to maintain any type of commercial license so far. Maybe in a future stage, if the project is mature ...

Metatrader 4 Tool to Improve Trading Orders

I have added a few features regarding your comments such as: - Multiple order generation with a security check to optionally limit the number to 5 orders per click. It could be maybe 5 orders per instrument as a future improvement. - Pending orders ...

Metatrader 4 Tool to Improve Trading Orders

Ah, yes. I was thinking about creating entry rules, because I am using usually two simulatenous entries, one with a bracket and another without take profit level which initial SL level is moved to breakeven asap to let the position grow under ...

Metatrader 4 Tool to Improve Trading Orders

Hello. Very nice feedback from you all. I will respond to some of your points. First, this tool is just a bridge between Metatrader 4 and the user. All commands are directly sent to Metatrader and the quotes, account, market information, etc is read ...

Metatrader 4 Tool to Improve Trading Orders