Tutorials

How to Download Historical Data from a Broker on MetaTrader 4

In this guide, we will cover how to download historical data from your broker using MetaTrader 4. Historical data plays a crucial role in backtesting trading strategies, which allows traders to

How to Improve Strategy Settings in Under 5 Minutes

In this tutorial, we will guide you on quickly re-optimizing your trading strategy settings in under 5 minutes using the FxMagnetic indicator. Introduction When you switch to a different account and a

How to Use Trade Filters with FxMagnetic

In this tutorial, you will learn how to use trade filters with FxMagnetic. These Trade filters help filter out bad trades and pick the trade direction more accurately. By the

Spotlighting Top Strategies with MyMT4Book

In this tutorial, we will show you how you can quickly spot top trading strategies on your MetaTrader 4 (MT4) account using the MyMT4Book Success Strategy Scanner. Introduction MyMT4Book is a simple

How to Calculate the Right Lot Size + Formula

Why Focus on Risk Management? Managing risk is a shield against your potential losses. Risk management in Forex trading is crucial for several reasons. Firstly, it safeguards your trading capital, preventing

Troubleshooting Most Common FxMagnetic Indicator Issues

In this tutorial, we’ll shed light on troubleshooting the most common issues with the FxMagnetic indicator. Introduction The FxMagnetic Indicator is a tool designed for Forex traders. It helps in identifying potential

How to Set Up FxMagnetic AutoTrader

In this tutorial, we will guide you through setting up the FxMagnetic Autotrader and address the common installation issues and troubleshooting methods. For this guide, we’ll use FxMagnetic Engulfing AutoTrader.

Mastering MetaTrader Alert Systems for Efficient Trading

In this tutorial, we'll explore the MetaTrader and FxMagnetic alert systems. Understanding and mastering the alert systems will help you improve your trading efficiency. Whether for FxMagnetic or any future

Broker Data Paradox: The Variation in Historical Data Across Different Brokers

In this guide, we will introduce you to the concept of the Broker Data Paradox and how it affects your trading decisions. If you’re using two different platforms for trading,