Monthly Archives: December 2021

Watch this step-by-step guide on how to place a Forex trade on the MetaTrader 4 (MT4) platform. This tutorial will also show you the different types of forex orders, including market orders, stop orders and limit orders. Watch the video below now and then make sure you’re using the correct order for the correct typeContinue Reading

MT4 Charts are an essential tool in Forex technical analysis and the MetaTrader 4 (MT4) platform, makes this analysis very easy-to-do. Watch this video tutorial to learn about charting basics and how to customise your charts in MT4 with varying parameters such as time conditions, chart styles and various horizontal or trend lines.Just remember thatContinue Reading

The Correlation Matrix shows the correlation between symbols over a configurable timeframe and number of bars, for example the last 100 H1 bars. Correlation is measured on a scale from -100 to +100: +100 means that the price movements in symbol A and B have been identical (“positive correlation”). -100 means that the price movementsContinue Reading

The Correlation Trader shows the correlation between symbols over a configurable timeframe, e.g. recent H1 bars. Correlation is measured on a scale from -100 to +100: +100 means that the price movements in symbol A and B have been identical (“positive correlation”). -100 means that the price movements in symbol A and B have beenContinue Reading

The Excel RTD app lets you do two things: Put real-time data into Excel using only Excel’s RTD() function. No macros; no programming; no XLL add-ins Send simple trading commands from VBA code in Excel You can run multiple copies of the Excel RTD app for different accounts, and then combine the data for thoseContinue Reading

The Market Manager does four main things: It shows a “watch list” of both symbol prices and open positions, with facilities for closing positions and opening new ones It shows headline information about the account, such as equity, balance, and margin usage. It shows a list of all open tickets, i.e. all open positions andContinue Reading

For active traders who require speed when entering and exiting positions in the market.  Allows the added flexibility of trading complex order types with a single click. Allows for orders to be placed directly from the chart Trade with multiple order types including OCO orders Sophisticated traders can multitask multiple positions from a single MT4Continue Reading

The Sentiment Trader displays information about current and historic long/short sentiment: the percentage of traders who currently have (or had) an open buy or sell position in a symbol. The figures are not technical analysis based on price action. They are calculated from real-money accounts which are being published to www.mt4i.com. For example: 5845 real-moneyContinue Reading

The Session Map shows your current local time in relation to “sessions” during the trading day, i.e. the core trading hours when institutional dealers are most active in Sydney, Tokyo, London and New York. (For example, Tokyo trading is defined as 11pm GMT to 8am GMT, or 8am to 5pm Tokyo time.) The Session MapContinue Reading

This advanced trade execution and analysis tool allows for quick, precision trading. A one-click trade manager with a plethora of built-in functions. Trade professionally, quickly and never miss that trade opportunity again! Quick opening of market, pending and OCO orders Close trades on an individual, selected, or all-trades basis Create templates for frequently-used or complexContinue Reading