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How to Track Forex Trading Strategies in MT4i

MT4i is a free automatic online trade journal for Forex traders. Learn how to use it and find out why this information can be so valuable.

Home / Trading Software Tutorials / How to Track Forex Trading Strategies in MT4i

Last updated: November 13, 2022
By Hugh Kimura

UPDATE (Nov. 13, 2022): This is one of my oldest posts and since I wrote this, I've found much better trading journal solutions. You can see my current recommendations here.

Update (October 1, 2014): MT4i is now FX Blue.

I was thinking that I have to create different accounts to track different strategies and it was something that I was dreading.

However, in going through the functions of MT4i today, I discovered that I am able to designate the strategy that I used on a trade to track the profitability of my systems.

This may or may not work for my purposes, but it can be useful so I thought I would post a quick tutorial.

I may need to use different accounts to trade different strategies, but while I am in the testing stages, this will probably be OK.

In order for this to work, you first have to setup a strategy in your MT4i account.

RELATED: Get the FREE Forex Hedging Guide Here

Next, you have to be running the MT4i Publisher EA in Metatrader.

The bad thing (or actually the good thing) is that you cannot change the strategy you used for a trade after the fact.

The strategy has to be input at the time of entry.

This prevents you from putting bad trades into a ‘trash' account to artificially boost the results of a certain strategy.

How to Do It

When you log into your MT4i account, go to the Stats tab, then the Strategies tab and click on Strategy Tags.

mt4i-strategy-tags1

Then in the next window, add a strategy tag.  It can be anything you want…the strategy name, the risk, etc.

mt4i-strategy-tags2

Once you saved the strategy in MT4i, then you have to turn on comment publishing in the MT4i EA in Metatrader.

While the EA is activated, press F7 to pull up the properties.

Then set PublishOrderComments to true.

mt4i-strategy-tags3

Then you are all set!

The next time you do a trade, don't forget to add your Strategy Tag to the comments box of your trade.

mt4i-strategy-tags5

 

 

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Category: Trading Software Tutorials Tag: Trading Journal

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader and researcher. The real benefit of trading that most people miss is that it's one of the most direct paths to deep personal development.

My goal is to help you master both the technical (strategies) and transpersonal (mindset) sides of trading so you can create more freedom in your life and be your truest expression of I AM.

Learn more about me here.

Don’t be satisfied with stories, how things have gone with others. Unfold your own myth.

- Rumi
Don’t be satisfied with stories, how things have gone with others. Unfold your own myth.

- Rumi

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