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Guides for MetaTrader 5 and MetaTrader 4
Short guides to the lot, the exits and the stops in MT5 and MT4: real screenshots, the numbers worked out, and what the terminal does on its own.
What Do You Need Help With?
- 9 guides
- 4 free tools
- Real MT5 and MT4 screenshots
- Free to read
Before the Entry
Read the symbol's figures, size the lot, pick the order.
Managing the Exit
Take profit in steps, trail the stop, move it to breakeven or hide it.
Partial Close in MT5 and MT4
Closing part of a position by hand in the terminal, and six ways to set the levels for closing in steps.Read the guide
Multiple Take Profits in MT5 and MT4
TP1 to TP5 on one position, each closing its own share of the lot.Read the guide
Trailing Stop Types Compared
MetaTrader's built-in trailing stop and seven ways to trail a stop.Read the guide
NewBreakeven in MT5 and MT4
Moving the stop to the entry, with an offset for the spread and commission.Read the guide
NewHidden Stop Loss in MT5 and MT4
How virtual stops work, and what they depend on.Read the guideLimits and Choosing a Trade Manager
Cap the loss for the day, and know what to look for in a trade manager.
