Do you need to pay taxes on your forex trading earnings? If you reside in Australia you do. With the free MetaTrader 4 script included in this post you will have your forex income calculated in no time.
If you’re using screenshots to take photos of your trading system’s trades as they happen and would like to insert a watermark on your charts, then this free code can help.
If you come across the cannot open file .ex4 error in MetaTrader 4 the fix is as simple as compiling your code. However, if you’re still stuck you might want to check if your code contains any errors.
How many lots do you need to enter if you only wanted to lose a fixed amount? There are several numbers you wanted to calculate a dynamic lot amount for each trade, these are: Entry Price Stop Loss Price Amount to Risk Value per pip (or point, tick) in account currency Profit/Loss Formula To calculate… Continue reading How To Calculate Number Of Lots Per Trade (Position Sizing)
The minimum expiration time you can apply on the default order of a new trade is 10 minutes from the time the order is active, but what if you wanted it less than this?
One way you can easily wipe-out an account is by not managing your currency risk effectively. Take the following example, where we have the following open positions: Long GBPUSD Short EURGBP Long GBPAUD Long GBPNZD Would you be comfortable if all these open positions were currently losing money and your robot trading system wanted to… Continue reading How To Minimise Currency Risk
How can you make your MetaTrader 4 software run faster? If you want to reduce the resources MetaTrader consumes on your computer then here are 5 easy things you can do without touching your Expert Advisor.
Which automated trading platform do you use? Here are the 3 most popular forex trading platform.
If you’re looking to get started with automating your forex system then the best way to get started is through MetaTrader 4.