Posts Tagged ‘MetaTrader’

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Setting up Email Alerts on MetaTrader 4 for Indicators or EA Alerts

In this video, you will learn how to setup Email alerts on your MetaTrader 4 platform. Choose “Tools” and then “Options” and the Email tab. You can use, it’s a free service. Some people have set up with Gmail or Yahoo server. Make sure you check the Enable check box. Then specify the SMP server, login, password values and the From and To email address. Now you can […]

MetaTrader 4 Tutorial - How to Measure Pips and Bars/Candlesticks on a Chart

This video will show you how to use the crosshair feature of MetaTrader 4 to measure the number of pips on a chart, as well as the number of bars/candlesticks. This feature could be very helpful to beginners and if you don’t want you can turn this feature off. When you look at the chart, sometimes you want to know how many pips market has moved from top to bottom or you want to know […]

How to Show Exact MetaTrader 4 Candle Range on Mouseover — MetaTrader 4 Tutorial

In this video, you will learn how use the candle range indicator. What is a candle range indicator? It is an indicator that shows you the range of the candle that your mouse is over. How does that work? Let’s go to indicators, then select custom and then select this indicator. Now you can modify its properties including the text color. Now, if you move […]

How to Quickly Flip through Forex Charts in MetaTrader 4 — MetaTrader 4 Tutorial

This very short MetaTrader 4 tutorial video will show you how to quickly flip through your charts, so that you can look for opportunities. This is particularly useful when you are starting the trading day and looking for opportunities in the market. You can just flip through your charts and find out what is good today, look at support and resistance levels and look at trade setups. […]

The Hidden MetaTrader Risk Reward Ratio Calculator — MetaTrader 4 Tutorial

This video shows you how to use the risk to reward ratio calculator in MetaTrader platform. But there isn’t really a built in calculator, but I can show you how to use one of the existing tools to calculate your risk to reward ratio. Basically, what we are doing is hijacking the Fibonacci tool. Let’s choose the Fibonacci tool and plot it on the chart. Right click and now we go to properties and we […]

How to Work with Chart Objects — MetaTrader 4 Tutorial

In this video you will learn how to use chart objects. It is pretty easy once you figure it out, but it can sometimes be confusing. This video will show you how to activate, move, edit and delete them. What are chart objects? They are things like horizontal and vertical trendlines, equidistant channels, fibonacci retracement levels and all that great stuff. […]

How to Download Historial Forex Data — MetaTrader 4 Tutorial

In this video, you will learn about how to download additional historical data in the MetaTrader 4 platform. There are 2 reasons why you may want to download some additional data. If you go to longer term charts, like the monthly charts, you want to see more monthly data. In addition, if you are doing back testing in MetaTrader platform, then you may want to download […]

Create a Trading Robot in the MQL5 Wizard

The MetaTrader 4 platform contains an editor for trading strategies called MetaEditor. It allows creating trading robots without programming. With the built in MQL5 wizard, we simply select the components and assemble a new Expert Advisor. The trading robots are comprised of 3 main units, which include the generation of buy and sell signals, trailing of open positions and money management. Start the MQL5 wizard and select the option generate Expert Advisor. The MQL5 […]

Risks, Distribution and Reviews of Trading Signals

How risky your signal provider trades and what other subscriber think of that? You can find answers for your questions in this video. In the “Signals” tab in your MetaTrader 4 platform, you can find the “Risks” tab. When selecting a signal, it is recommended to consider additional information. The “Risks” tab allows assessing the maximum losses during the lifetime of a signal. Absolute drawdown by balance shows the balance change in relation […]

How to Update, Renew the Rental Period and Reinstall Products

All your MetaTrader products are tied to your account or to your computer and available for you at any time. You will always know about updates, will be able to renew the rent or download a previously purchased product. The “Purchased” tab within the “Market” tab, in your MetaTrader 4 platform contains all your applications, magazines and books from the market. From this tab, you can download purchased and rented products, […]