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How to use mt4 strategy tester

How to use mt4 strategy tester

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On the toolbar at the top is a “New Order” button. When you click this, you will be prompted with a dialog box like the one below. You would choose the amount of Lots to be traded beside where it says 8775 Volume: 8776

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MetaTrader9 (MT9) is the most popular retail trading platform available when it comes to Forex trading and is offered by most brokers with very few exceptions.

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Enter your account credentials. Make sure to leave Save Password checked. That way, MT9 will remember your log-in credentials for the next time you launch it.

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Once the order is closed, you can go to your account history in the terminal section and you will find the details about the recently closed order:

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After that, you will get the following window, where you can adjust your Take Profit and Stop Loss levels either by entering the values directly or by using the “copy as” buttons:

The Stop Loss feature allows you to maximize the likelihood of limiting your potential losses. Therefore, you can follow the same process above to create an order, in addition, you will need to input the stop loss value that you have previously defined.

Similarly, you can use vertical lines to mark an important period in your chart. To draw a vertical line, go to the line studies toolbox, click the button and then press anywhere in the chart where you would like it to appear.

It is recommended to stick with the default location. The installation wizard or app store will guide you through the required steps needed to get up and running.

using the order window When you’re ready to place a trade, go to ‘tools’ and click ‘new order’. This will bring up the ‘order’ window. Alternatively, you can press F9 on your keyboard.

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