I’m fairly new to Forex and I’ve been spending the last several weeks fine tuning my software setup and that leads me to a dilemma. I’m currently using FXCM MT4 and from what I have experienced there is no line bar that you can grab on the chart and move it up and down to adjust your clean breaks and stop loss / profits etc…
Does anybody have a solution for this or recommend a software package that can do it?
It is painful to go to modify order and type it in and then submit the change order modifications all the time. I know with the non-MT4 suites it is possible but I like the functionality of Mt4 custom indicators, etc…
I can relate, it’s only one or the other…lol…you can never have it all. You could use 2 charts at the same time…mt4 for your indicators and trade station to execute the orders…I did.
In mt4 or trade station? I don’t use trade station anymore as I’m back with an mt4 broker.
Not a lot, but sometimes. I don’t like to move it any further away from my entry than my max, but I will adjust it up when in profit to lock in. I’ll set the trailing stop for that so I don’t have to myself. Then I just turn the trailing stop on & off as required.
You can do that in mt4, right click on the chart choose properties and in the common tab check the lower scale fix box, when you did that you can click anywhere on the chart to move it up and down and click anywhere in the right hand area where the prices are at to increase or decrease the height of the bars on the chart, also if the scale doesnt have enough scope to stretch for the chart your using for instance the monthly chart needs a lot bigger stretching room than the hourly chart, uncheck the scale fix box, close it out, then reopen it and check and recheck it, that makes it adjust to more scaling room.
