Hi Everyone !
I’ve finally finished the PIP school and I’ve spent about 20 hours the last 2 weeks watching and learning Forex ( Mainly from No Nonsense Forex )
Anyways after I’m done with my initial studies I’ve decided to start demoing and backtesting … This is where I’m starting to have lots of trouble
I’m quite familiar with TradingView as I used it previously for Stocks so I thought of using it for FX but apparently all the good indicators are on MT5
So I decided to get a Windows ( I use a Chromebook ) to use MT5
And MT5’s interface is not very friendly but there are a lot more functionality but here’s my main issue with the 2 charting software
Trading View ( Paper Trading , Blueberry Markets)
- Can trade in any lot sizes ! I trade small unit sizes so I was able to do trades at 1500 units whereby MT5 limits my trade to 1000 units each ( I can’t put 1100 , 1200 , 2500 units )
- Trailing STOPS !! I can’t set a trailing stop ! I’ve watched their blog and I still have no idea how to pop out the trailing stop menu which is really problematic.
MT5 ( Blueberry Markets , Oanda )
- I can set any orders I want ! Trailing , SL , TPs
- It’s ligghting fast as well which is great
- The problem I have with MT5 is that as stated above I can’t do specific lot sizes
I can’t do 0.0015 lots or 0.0025 lots it must be 0.001 , 0.002 etc I can’t go upwards of 5 decimals which is problematic for my current lot sizes.
So the question here is … am I doing something wrong ? or is it the problem with some brokers?
I’ve google and watched many comparisons but no videos brought up the issues im having
Any help would be lovely !