Brokers only push a certain amount of data to Metatrader.
You need to source the data and download from a 3rd party like, Dukescopy. Then import that data into a separate Metatrader install, then use Period Convertor to convert the data into any required time frames.
Spread betting is just a tax efficient way of trading.
The market conditions might differ, spread, slippage, DMA, etc. But price action and charts are the same.
So you learn to trade, then once learned, you choose to spread bet, to not pay tax.
95% of traders lose.
Even though ESMA rules have made regulated brokers clearly state the percentage of traders that lose is between 60%/80%, depending on the broker.
I would never let anyone trade with my money using leverage. How ever small, there is a risk of the account balance being reduced to zero. And managing risk is the holy grail of investing or trading.
I'm surprised at the responses in the thread, given what Envid outlined. There are funds that...
If an EA is attached to a chart in MT5. Then the terminal is closed and opened. Should the EA by default be attached to the chart, or does the EA need manually attaching again.
I have an EA that some times is attached on start up, but mostly it's not.
When using a fixed stop loss, 'UseFixedSLDistance: SL distance in points instead of level.' set to true.
Is there a way of changing, 'SL: Default stop-loss value, in broker's pips.' without having to delete the indicator and reload with the desired change?
Am I doing something wrong or is that...
That works. But if you move the stop loss you have to press the TP button again else it uses the previous stop loss position for the calculation.
When the panel is minimized and you are moving the stop loss multiple times a day, pressing the TP button is a pain.
Anyway to make the indicator update the take profit line, without having to press the button on the panel.
Between placing a stop loss and take profit, then waiting for price action to trigger an entry, price levels change. The stop loss is a constant and the entry level and position size is...
More testing, it seems it's minimum volume and volume step parameters. It can be partly overcome by using a slightly higher risk percentage.
What confused me is, this was only a problem on a smaller account size on my previous broker.
I don't think it's minimum volume and volume step parameters.
Same account size,
When using an Activtrades MT5 spread betting 'hedging' account the position size is 0.6 lots but when using a 'netting' account the position size is 0.8 lots.
But when using a 'hedging' account on Admiral...
Ok thanks.
Not asking you. But is it possible for a programmer to change the code if that is the case and would it be a complex job, before I enter the wild west searching for one, lol.
Seems to work perfect on a larger account.
On a smaller account the sizing seems wrong when using a stop...
Yeh, I mentioned 'Spread betting' in case it would affect any thing.
Just checked on a Activtrades CFD account and the output seems to be more what I would expect and different to the spread betting acount.
Why would the spread betting account affect the calculations. Just seems a name to me...
Does this work on Activtrades spread betting MT5 as intended.
I have just changed brokers from Tickmill and the output risk seems different, when using the same variables. Account size and stop loss being the same.
I need a solution for MT5.
I have the MT5 version of that script which doesn't work for me. I read the script was updated to over come a MT4 build update though. Maybe that's the case for MT5.
Is anyone aware of a script or preferably an indicator that changes the time frame of all open charts at the same time when 1 chart is changed, for MT5.
I know you can save a profile for each time frame, but I have a lot of templates and the amount of profiles would be huge.
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