All strategies have drawdowns or periods when they face unfavorable market conditions. MAAB Trade Filter is specifically made to reduce negative effects on your account when combined with the Local Trade Copier. It is an easy solution to minimize drawdown and copy Master Account only when it is making profits. This tool also has the power to turn bad EAs and strategies into winners. Find out how MAAB Trade Filter makes it happen in this guide.
In forex trading, just like in every other kind of trading, the sad truth is that most traders lose money. Looking at long-term results, around 95% of forex traders are taking a hit. They’re not just failing to make a profit. They’re losing money.
But what if you could somehow use that to your advantage? Imagine if you could go back in time and do things differently. Turn that losing short trade into a winning long? You could be turning the kryptonite of everyone’s trading nightmares into pure gold! Just think of it.
Well, that’s the whole idea of reverse trading.
Cutting losses short and letting your profits run are the most discussed topics in the forex market. Reducing your losses is probably a more straightforward thing to do. If you see that the price is not going where you have anticipated but has turned around and moved against you, you would likely close your position even if the price hasn’t triggered your stop-loss order yet. On the other hand, it is much more challenging to let your profits run, as you never know whether the price will reach your anticipated target or start reversing before that.
It is disappointing to find the message “Trade disabled” on your MT4 platform. However, that is not fatal, and you can solve it by finding the reason for disabled trading and fixing it. In some cases, if the market is closed, there is nothing to resolve, but if the market is open and your trading functionality is disabled, you have to know what the issue is and how to solve it. In this article, we will look a the main reasons why trading can be disabled on the MetaTrader 4 platform and what to do to enable it.
Are you using your mobile device to trade when you can’t get to your desktop setup? Are you using one MetaTrader account to copy trades across to other accounts using the FX Account Cloning setup? Well, then you’ve probably run into the problem that the MetaTrader mobile app doesn’t allow trade copier software. Let me give you a hack that will enable you to do personal copy trading on Android or iOS and copy trades from one Metatrader to another across multiple devices.
MT4 has a rich tool base that traders can take advantage of. One of them is the possibility to place trendlines on charts. Whether you are trading a trend, range, channel, or any other trading strategy, you can easily benefit from MetaTrader 4 trendline drawing tools. Here is the scope of the article to answer these questions and show you how to do it.
If you’re looking for a forex robot that can make money this year, look no further. I’ve found two verified robots with real results. There are thousands of forex robots on the market, and most of them are scams (yes, that’s the sad truth everyone denies to believe). But these two forex robots look promising can make money if you use them with a good forex broker.
In this article, we are going to delve into the topic of how you can change leverage on the MT4 platform. Leverage enables traders to operate more significant amounts of funds on their balance. Basically, it is trading using borrowed funds, usually from your broker or their liquidity provider (most likely banks). 1:100 leverage means that a trader can trade with funds 100 times higher than he actually has, or in other words, for every U.S. dollar that he has, he can open a $100 position. That’s the power of leverage that you can harness for better or worse.
FX Account Cloning™ setup allows you to place the same Forex trades in many different Metatrader accounts simultaneously.
Did you know that you can run multiple MetaTrader 4 (MT4) or MetaTrader 5 (MT5) accounts on the same computer and place the same trades on all of them at once? The answer isn’t just that you can. It’s also easy and quick to do!
Many brokers often offer locally created web, desktop, or even mobile platforms for their users. However, none of them could be a match for the MetaTrader (MT4) platform, which has been a favourite choice for millions of traders since 2005. Even though it is by default used as a Forex platform, you can trade other financial assets such as indices, commodities, cryptocurrencies, or even stocks.
