MetaTrader 4 allows trailing stop orders to be set from within the trade terminal.

The chart time on MetaTrader 4 reflects the server time, this time cannot be changed.

‘Trade Context is Busy’ is a common MetaTrader 4 error, the error occurs because MetaTrader 4 cannot process multiple requests at the same time, to fix this error simply close and open your MetaTrader 4 trading platform again.

The Metatrader 4 trading platform provides technical analysis, charting and Expert Advisors to help clients develop their own trading strategies.

There are several, but a useful one is maximum drawdown. If two different trading systems resulted in the same total return, look to which one had a tendency to lose more. The system that had greater drawdowns is more volatile.

The trailing stop is used to lock in profits. For example, you buy GBP/USD at 1.8241, and place a stop at 1.8231, with the trailing stop feature set at 50 pips. If and when the GBP/USD rate goes to 1.8291, your stop loss order will automatically move to 1.8281. This would lock in a profit of 40 pips. The stop loss order would move up continually every time the GBP/USD rate increases by 50 pips.