If you are getting the Metatrader error: Ordersend Error 130, it could mean a few different things are going wrong. First, it might mean your stop loss is too close to the market price. Second, it might mean your take profit is too close to the market price. And Third, if you are placing a [...]

If you are getting the Metatrader 4 error: Ordersend Error 134, it means you do not have enough money in your account to place an order with the given lot size. What should you do?
 
Ordersend error 134 tends to happen a lot when people code expert advisors with a money management style that increases lot [...]

Okay, so you’ve completed your backtest using Metatrader Strategy Tester. Now let’s look at the results.

There are four tabs to look through: Report, Graph, Results, and Journal

So you’ve just gotten your hands on a hot new expert advisor and you need to know if this thing is really going to work. It’s time to get your hands dirty and start testing. There are two types of testing you should do: forward testing and backtesting.
 
But first, make [...]

Setting up Metatrader 4 for backtesting can be a tricky, time consuming, and a little frustrating if you aren’t entirely sure you have it all working properly. This article will guide you through the entire process from obtaining high quality minute history data to installing a separate backtesting account to importing and converting the [...]

Step 1: You will recieve a .ex4 file by email when you purchase the software. You need to navigate to the installation folder of Metatrader that you are running on your computer. Usually it is in the PROGRAM files directory. Once you have found this folder open up the EXPERTS folder. Simply drag the .ex4 file into this folder.