metatrader 4 lot size calculator expert advisor

#Metatrader 4 lot size calculator expert advisor manual

> Hide S/L & T/P :To hide S/L & T/P, so the Broker doesn't close your trades but the EA himself, will close your trades using the visual lines shown in the chart. > Comment Orders :The default comment when the order is opened. > Default Money:The default Currency Value when you switch to your Currency. If an Expert Advisor has been successfully started, its name and icon appear. Click OK to start the Expert Advisors on the chart. This will bring up the Expert Advisor Properties window. The easiest way is to double-click on an Expert Advisor in the Navigator window or dragndrop it to a chart. Percentage is the x% of your Account Balance. To start an Expert Advisor, attach it to a chart. > Default Percentage:The default Percentage when you switch to percentage. > Default Take Profit (Points):The default Take Profit when you select 'Set up', on the orders Terminal. > Default Stop Loss (Points):The default Stop Loss when you select 'Set up', on the orders Terminal. > Default Lot Size: The default Lot Size when you switch to 'Lot Size'. > Simple to Use and ready to Backtest Magic Number: The Magic Number used for the trades, associated with the EA. The list of things that are most likely to fix Expert Advisors problems on MT4 client terminal: Autotrading option should be turned on in the top toolbar of the MT4 terminal window.

#Metatrader 4 lot size calculator expert advisor manual

You can also use this tool to can test faster your manual strategies, because Trade Risk Management can be perfectly used on backtestingįor new traders, this may become your favorite tool allowing you to easily control the risk of your trades, and train your skills trading on Backtesting.įor experienced traders, this is one amazing tool you would like in your arsenal to can manage your risk. Decide in advance the risk you want to assume using Stop Loss or Take Profit account percentage or specific amount of your currency. This is a calculator that allows you to manage your trade risk in every trade.