Have one long and one short strategy per account

Due to the size of the online trading platform, there may be a limit to the number of strategies that you can have loaded on each account. For example, if you want to run two long trading strategies, you may need two accounts.

Also confirm if you have enough memory on your computer for two or more accounts. CoolTrade allows you to run one long and one short strategy per account. Experienced active traders may run two or more live long and short strategies, while having additional accounts for strategies that they are testing in a simulator mode.

The more robust the automated trading system, the greater the memory requirements. Check this before you sign up or purchase a new computer. If you sign up for more than one account, will your machine have enough RAM to run both or will you need to purchase an extra computer or more memory? If you have a Mac, ask if the software works on Mac, as not all do. You may want to have one computer dedicated only to your automated stock trading programs and run other word processing or spreadsheet programs on a separate computer.

 

Category: TIPS

Improved Input Settings in MQL4

I choose to see the changes as a good thing and as a simplified transition from MQL4 to MQL5, or a mixture of the two. If you want to continue to code in ‘old school’ MQL4 then you’re free to do so, nobody is forcing anybody to change the way they work to any large degree.

5 Forex Mistakes You May Be Making

No matter how long you’ve been trading or how successful you think you are, it’s possible that you’re still making some basic mistakes and don’t even realize it.

Take a look at the 5 most common Forex mistakes that traders make and see how many of them you’re guilty of. You might be surprised and who knows, you may even re-think the way you trade.

How to Install MQL4 Experts Advisors, Indicators and Scripts

Build 600 of MetaTrader 4 was a huge leap forward and has offered a great deal of improvements and benefits to the MQL4 coder, but it comes at a price.

Many users are confused initially and have a hard time navigating around the new interface and finding exactly where to install their expert advisors, indicators and scripts.

Category: FAQ

Easily and intelligently create a stock trading strategy

There should be a step-by-step guide to show novice traders how to create a trading strategy. Are there off-the-shelf strategies that are available for your use? Are there any fees involved or are they offered for free? Can you modify the off the shelf strategies?

Have one long and one short strategy per account

Due to the size of the online trading platform, there may be a limit to the number of strategies that you can have loaded on each account. For example, if you want to run two long trading strategies, you may need two accounts.

Simulate strategies in real time before running live

Most traders would agree that they'd like to "test drive" a system before using it. Some programs allow this through "back-testing," in which the program uses historical data to execute the trades and show you what they would have been.