• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trading Heroes

Trading Heroes

Forex Trading Education

  • Blog
  • Shop
  • About
  • Login

How to Track Forex Trading Strategies in MT4i

If you are looking for a way to automatically track your trading results, MT4i could be a good option for you. It will give you a lot of metrics that will allow you to figure out what you are doing well and what you can improve on. This post will help you get started.

Home / Trading Journal / How to Track Forex Trading Strategies in MT4i

By Hugh Kimura

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. 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.

Discount for TH Readers: Get your Forex Tester 5 coupon here

SEE ALSO: The Trading Books That Changed My Life

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

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

Related Articles

How to Turn Evernote Into a Kick-Ass Forex Trading Journal
How to Get Oanda to Work With MyFxBook
Trading Flash Cards: How to Speed Up Chart Pattern Recognition

Category: Trading Journal

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I help traders develop their trading psychology and trading strategies. Learn more about me here.

Top

 

Share This Article


First posted: August 29, 2011
Last updated: May 29, 2020

Primary Sidebar

Trading Guides

How to Figure Out Your Trader Personality Profile

The Best Trading Books Ever

The Ultimate Beginner’s Guide to Forex Backtesting

How to Create a Precise Trading Plan (with PDF worksheet)

Footer

Company

  • Support
  • About Trading Heroes
  • Trading Courses and Education
  • T-Shirts & Trading Gear

Tutorials & Guides

  • Recommended Trading Resources
  • Free Forex Trading Course for Beginners
  • The Trading Blog
  • Best Trading Books
  • Forex Trading Strategies
  • The Trading Lifestyle Podcast

Community

  • YouTube
  • Twitter
  • Instagram
  • Private Trading Community
  • Contact
Trading involves substantial risk and there is always the potential for loss. All content on this website is for educational and informational purposes only and is not trading, investment, or medical advice. You should be aware of the risks associated with trading and seek advice from an independent certified financial adviser if you have any doubts. Some links on this page might be affiliate links, where we get a small commission if you purchase through the link. It doesn't cost you anything extra and we only recommend products that we absolutely love. This site uses cookies and using this site means that you agree to the use of cookies.

 

CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

 

 

 

 

Copyright © 2007–2022 TrueLiving Media LLC | Terms | Privacy | Risk