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This short tutorial is about how to create a chart template in Metatrader 4 or Metatrader 5. The template is a comfortable function because you can prepare your chart instantly for trading. One mouse click, and your chart is ready for trading. What you need to do is create your chart once and save the template. First, prepare your chart as you need it: background color, candle color, indicator, expert advisors, etc. I made bull candles green and bear candles red, with Fractal and Bollinger Bands indicators attached to the chart. Once you have prepared the chart, press the right mouse button on the chart and press "Save Template." Now that your template has been saved, whenever you need to load the chart, simply right-click on the mouse and select load your template.

In this article, I will show you how to download history in the MT4 terminal, and in this way, you will get more precise results and avoid errors while backtesting robots or indicators. If you're testing without historical data, you will get mistaken results, so better download data for your desired forex pairs. It only needs to be done once in the terminal; if you have multiple platforms, repeat the process on each one. In MT5, you don't need to do anything by yourself because history data will be downloaded automatically. 1. Open MT4 > tools > history center. 2. In this example, I've selected EURUSD. Select your pair and press twice on each time frame. Wait until the field changes color, and repeat this process for each time frame. 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly, and monthly until all icons are green or yellow, then press on the pair icon above (in this example, EURUSD) and press a button to download. That's all. Be patient It takes some time if your internet connection is slow. After that, you're ready for back testing.

In this article, I will show you how to put two or more Forex indicators on top of each other in the sub-window of the MetaTrader4 or MetaTrader5 trading terminal. It's a very useful, comfortable, and quite interesting combination of two indicators in one sub-window. Each indicator's data is adapted to the data of the other indicator. In the applied price field, you need an indicator that has the "previous indicator's data" option. Most indicators on MetaTrader 4 have this option. If this is your first time seeing this, it can be a new way to create something special in your experience with forex. These indicator combinations can, in my opinion, be useful tools for scalping in shorter time frames. Use your imagination to create a profitable Forex strategy today. How do I apply indicators? For experimental purposes, try to drag the RSI indicator on the chart and then attach the Bollinger Bands indicator on top of that. Just set the previous indicator's data in the "applied price field" and press OK (like in the example below). If you want to attach more indicators, do the same process on the same sub-window. Once the job is done, you will see the combination like this: Try to do it with other indicators and try to set various settings, and you will see how interesting it can be. As you can see, that's not difficult at all. Like the other things in MetaTrader, it's the reason why a lot of people like this terminal, and it's one of the most popular Forex terminals for its own functionality and simplicity.

I think many people want to use several terminals of the same broker on the same PC, but they don't know how to do it. Especially for those who are new to MT4 or MT5. So in this article, I will show you how to install a few MT4 or MT5 terminals on the same PC. Actually, it's a very easy thing to do, and it will take you just a few minutes. 1. Go to your PC's local disk, where the program is installed. 2. Step: Go to "Program Files" or "Program Files (x86)" In the "Program Files" folder, you will find MT5 files. In the "Program Files (x86)" folder, you will find MT4 files. I will give you an example with MT4, and the same process is followed with MT5 as well. Step 3: Once you've found your broker's files, which you want to multiply and have another new terminal, simply copy the folder and paste it in the same directory. Once you've completed it, you'll notice the same folder beside it with a different name. You can copy as many terminals as you need. Everything will work fine. Step 4 is the last little step to finish it. Go to your copied terminal's directory. Create a desktop shortcut to make it easier to access it from the desktop. Step 5: Log in to your account (demo or live), and the terminal is now operational. I hope it was useful.

A lot of beginners don't know how to insert the EA, indicator, and other files in Metatrader 4 and Metatrader 5, so today I will show you how to do it. It's the same way for both terminals. It will be enough to do it once, and you will know it forever. 1. First, open your terminal. 2. Then go to > File > Open Data Folder. 3. Then go to >MQL4/5. 4. Choose what file you want to insert. If it's an Expert Advisor, then insert it in the "Experts" folder. If it's an indicator, then insert it in the "Indicators" folder. 5. I opened the "Experts" folder as an example. Copy your desired EA and paste it in this folder. 6. Then go to the terminal, move your mouse over Expert Advisors, and press Refresh; after that, you will see your EA instantly. Finally, you're ready to apply it to the chart. Recommended EAs: Trade Any Indicator EA MT4 Trade Any Indicator EA MT5 SuperTrend EA MT4 SuperTrend EA MT5 PRO RENKO EA MT4 PRO RENKO EA MT5 RENKO Charts Generator EA MT4 Hull Moving Average EA MT4 Hull Moving Average EA MT5 Half Trend EA MT4 Half Trend EA MT5 Candle Breakout EA MT4 Candle Breakout EA MT4

Today we will talk about the magic number, which you will find in every EA (expert advisor) in Metatrader 4 and Metatrader 5 as well. Many people don't know what this number means or what to do with it. After reading this article, you will find out that it is very simple to use this feature. Here is the magic number and where to find it. Actually, it is a unique identifier for each trade made by an EA, so you can use multiple Forex robots in the same terminal and each trade will function flawlessly.This also helps when you need to restart MT4 or MT5. After a restart, all robots still know their trades and successfully continue to trade as they're programmed. What combination of numbers can I use in this setting? It can be used with any combination of numbers except 0, because 0 means manually placed trades. Just in case, use only numbers and don't use any of the characters. Here is an example of how to set the magic numbers if only a few Forex robots are being used in the same terminal: 1nr. EA - magic number is 1234. 2nr. EA - magic number is 12345. 3nr. EA - magic number is 123456. In this example, all the magic numbers are set up correctly, of course. You can use any of your desired numbers. Each number must be distinct from the others. As you can see, it's very easy to set up this setting. How do I find a trade made by a specific EA with a magic number? Just hold a mouse arrow for a second on the trade, and you will see its magic number, so you will find every trade. Also, you can identify your trades by commenting on the trade as well. Here's an example of a trade that was manually entered. It's a very easy thing to do, as I promised, but still needs to be done. If you use the same EA on a few charts at the same time with the same magic number, you can get into some trouble, so never forget about this feature. Good luck. I hope that this article was useful for you. If you still have any questions, don't hesitate to contact us. Recommended EAs: Trade Any Indicator EA MT4 Trade Any Indicator EA MT5 SuperTrend EA MT4 SuperTrend EA MT5 PRO RENKO EA MT4 PRO RENKO EA MT5 RENKO Charts Generator EA MT4 Hull Moving Average EA MT4 Hull Moving Average EA MT5 Half Trend EA MT4 Half Trend EA MT5 Candle Breakout EA MT4 Candle Breakout EA MT4