Manual trading guides
Practical guides for traders who trade by hand in MetaTrader 5 and 4: formulas, examples and common mistakes.
How to calculate lot size by risk in MT5 and MT4: formula and examplesThe formula, EURUSD and gold examples, commission and lot step.Breakeven in MT5 and MT4: moving the stop loss to entry by hand and automaticallyWhen to move the stop to entry and how to cover the commission.Trailing stop in MT5 and MT4: types, settings and common mistakesPoints, ATR, fractals, MA, SAR — what to pick and how to set it.Risk-reward ratio: setting take profit at 1R, 2R and 3RWhat R is, the win rate you need, and expectancy.Hidden stop loss in MetaTrader: what it is, pros and risksHow a virtual stop works and why you need a safety stop.Trading the news: protecting a position before NFP, CPI and Fed decisionsWhat happens on NFP and how to prepare a position.Partial close in MT5 and MT4: banking part of the profitHow to close part of a position, and minimum lot limits.How to manage MT5 trades from your phone: terminal on a VPS, panel in your pocketMobile MetaTrader, a VPS and controlling an EA from your phone.Gold lot size (XAUUSD): point value and sizing by riskGold point value, dollar stops and lot by risk.“Invalid stops” error in MT5 and MT4: causes and fixesWhy the stop will not set and what to do.How to install an Expert Advisor in MetaTrader 5 and 4: step by step, and why it is not workingThe Experts folder, Algo Trading, WebRequest and common problems.How to close all positions at once in MT5 and MT4Bulk close in MT5, the MT4 workaround and closing at a money target.Prop firm risk rules: daily loss limit, max drawdown and lot sizeDaily limit, overall drawdown and choosing your risk per trade.MT4 or MT5 for manual trading: the differences and which to chooseWhat differs for a manual trader, and when to switch to MT5.