*** Video transcript ***
Did you knew you can open the same positions on your friend’s MetaTrader 4 account simultaneously even if it’s located in another country?
When you open trades in your MT4 account you can have the same trades opened on other MT4 accounts at the same time. And the best part of it is that you can set this up in like 5 minutes.
In this tutorial I will explain how it’s done.
When you launch or restart MT4, it might run live update automatically and restart without any prompt. I am sure you have seen this before, which sometimes is annoying. MetaQuotes are constantly improving their software and roll out these updates quite often lately.
Preventing updates does not necessarily mean that old MetaTrader 4 is better. We should be happy about updates because without regular software updates it would not work well.
However, if for some reason you do not want to update your MT4 platform, here’s a simple trick to prevent it from doing it. Admit it. Many times when you start your MT4 just for a quick script or indicator test it is quite annoying to see that MT4 is forcibly restarted without your knowledge to do an update.
In this blog post I will explain how you can program your MetaTrader 4 platform to close all open positions at a desired time. It is easier than you might think, but MT4 by default does not have such option. This is why we will need a special tool for that called “Timed Exit EA”.
Installing and running multiple MT4 client terminal instances on the same machine is easier than you might think. These days every MT4 user should learn how to do it.
This way you can open two, three or even more MT4 platforms on the same computer, login into different accounts and trade all of them at once. You can do this without the need to login-logout from the single MT4 platform. You will have all your accounts online at the same time, meaning you can trade your real and demo accounts simultaneously.
If you ever been using MetaTrader 4 platform I am sure at some point you faced some issues. As a programmer I know that any software can fail from time to time, but most computer programs are designed in such a way that they will print out error, warning or any other informational messages for the user so (s)he could understand what’s going on.
Earlier I have wrote about troubleshooting expert advisors on MetaTrader 4, but another important thing is to know how to properly read log files to find the cause of the problem.
If you are one of those users who hit their computer every time they face trouble with any of the Expert Advisors, indicators or scripts on MetaTrader 4 platform, I am sure you’ll find this blog post very useful.
Let’s talk Partial Close (a.k.a. scaling out of position). I will explain how you can close position partially in MetaTrader 4 platform and give you an opportunity to have automated Partial Close option.
I am sure you already know what Partial Close is, but in case you haven’t heard of it before let me explain.
Not showing your Stop Loss and Take Profit value to broker is fairly easy no matter what trading platform you are using. Simply you just do not set SL/TP values and no one will see it. Broker will not know about it and you can manually close the trade whenever you want. Broker will not know where your stop loss level is and they will not be able to “hunt” it. However, you won’t be able to watch after your trades 24 hours a day and this is where you need help from a special MetaTrader 4 app.