Just look at that screenshot below, which shows that I have the same trading strategies on MyFxBook. Moreover, it would not be feasible for me to just go through each of them manually even using MyFxBook. But because they are more than 80 trading strategies running on this account, it would be close to impossible for me to choose and find those six trading strategies that show quite decent trading results. So, what I would like to focus right here is on these first six trading strategies. I have all the best trading strategies sorted by Return To Drawdown Ratio (Ret/DD Ratio) as shown in the screenshot above, the highest Ret/DD Ratio is 13.63 and then the next one is 6.77 and 3rd one is 5.96 and it goes down and down…īasically, I am not even interested in anything that is below 5 or 4, for example, we have 4.23 right here in the screenshot and then the next one goes down to 2.93, so I am not interested in something less than those, so none of those records are relevant to me anyway. What this indicator does? This indicator will group those trades by magic number and then it will show your trading results for each of those trading strategies.įor example.
#MT4 MAGIC NUMBERS HOW TO#
Learn How To Pick Best Trading Strategies With MyMT4Book Indicator I have a different magic number and there are 100s of trades generated for each magic number from those trading strategies. In the screenshot below, you can see that I am running more than 80 trading strategies and obviously not all of them fit into the screen because there are so many of them but each trading strategy is using unique magic number. This indicator was built especially for my customer needs to analyze trading strategies on MetaTrader 4 account. I am a programmer with 16 years of experience and also I am Forex trader mostly interested in automated trading strategies. I am the creator of the MyMT4Book indicator and also made other trading tools for the Meta Trader platform. Expert Advisors) running on a single Metatrader 4 account. In this video, Rimantas Petrauskas explains how anyone can easily analyze and monitor results of over 100 Forex robots (a.k.a.
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