Easy & Efficient trading on mt4! Is it possible?

Hi all,

Can someone please explain the easiest, most efficient way of trading on mt4 to help speed things up for me. I'm coming across from IG Index where I can trade directly on the charts using their dealthru charts function but i'm getting sick and tired of the screen freezes every time I go to make a trade so i'm going to start using mt4.

The only way I know to place a trade is to open a new order, pick my pair from the drop down, adjust the size, set my SL and TP then execute order. Surely there must be a quicker way than this. Is there nowhere you can pre configure these settings so that every order you open already has your trade settings filled in i.e stop loss is always set to 30, TP = 60 etc? Surely there must be a quicker way of doing this.

Excuse my ignorance if this is a really simple question. Hope someone can help.

Thanks.

Tritan

P.S. Should this be in a different sub forum area like platform tech?

hey tritan..... sounds like you might should look into scripts and hot keys..... they are made for speed.....

orders can be sent in seconds...... ibfx has quite a few premade scripts included with metatrader..... maybe your platform does also.....

assign a hot key sequence to the script and you'll be tradin in the fast lane.......h

Excellent hayseed. Sounds ideal. I'll look into them and get in the fast lane

Cheers

Just had a look and this is exactly what I was looking for. Thanks hayseed.

Just need to work out how to write scripts now

Why do that?

http://www.forexfactory.com/showthread.php?t=193727

Woah, cheers vx13. That's exactly what I needed as tried to write a wee script over the weekend for a B/S entry along with SL and TP pre set but it wouldn't work too well.

Appreciate it.

I have the same problem. Cant seem to work it out. The best platform for this is Ninja Trader but you have to pay for it. But it takes care of your problem perfectly. I am using it for demo and I love it. I would like to do exactly the same for meta trader. I want to pre set my SL and TP for 10 pips both and I want my position to move automatically to BE after it hits 6 pips. If there is someone who could tell me how to do it Id appreciate it. Please let me know how it worked out for you. Thanks

Or is there anybody who could write me step by step how to do it? I have no idea about scripts.

Thank you

This message might sound desparate because it is. I dont know where else to turn to. Even my broker has no idea (mb trading)

m.kay