{"id":5159,"date":"2011-08-29T23:16:12","date_gmt":"2011-08-30T09:16:12","guid":{"rendered":"http:\/\/www.tradingheroes.com\/?p=5159"},"modified":"2022-11-13T22:42:58","modified_gmt":"2022-11-14T05:42:58","slug":"how-to-track-strategies-in-mt4i","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/how-to-track-strategies-in-mt4i\/","title":{"rendered":"How to Track Forex Trading Strategies in MT4i"},"content":{"rendered":"

UPDATE (Nov. 13, 2022):<\/strong><\/span> 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<\/a>.<\/p>\n

Update (October 1, 2014):<\/strong> MT4i is now FX Blue<\/a>.<\/p>\n

I was thinking that I have to create different accounts to track different strategies and it was something that I was dreading.<\/p>\n

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.<\/p>\n

This may or may not work for my purposes, but it can be useful so I thought I would post a quick tutorial.<\/p>\n

I may need to use different accounts to trade different strategies, but while I am in the testing stages, this will probably be OK.<\/p>\n

In order for this to work, you first have to setup a strategy in your MT4i account.<\/p>\n

Next, you have to be running the MT4i Publisher EA in Metatrader.<\/p>\n

The bad thing (or actually the good thing) is that you cannot change the strategy you used for a trade after the fact.<\/p>\n

The strategy has to be input at the time of entry.<\/p>\n

This prevents you from putting bad trades into a ‘trash' account to artificially boost the results of a certain strategy.<\/p>\n

How to Do It<\/h2>\n

When you log into your MT4i account, go to the Stats tab, then the Strategies tab and click on Strategy Tags.<\/p>\n

\"mt4i-strategy-tags1\"<\/p>\n

Then in the next window, add a strategy tag.\u00a0 It can be anything you want…the strategy name, the risk, etc.<\/p>\n

\"mt4i-strategy-tags2\"<\/p>\n

Once you saved the strategy in MT4i, then you have to turn on comment publishing in the MT4i EA in Metatrader.<\/p>\n

While the EA is activated, press F7 to pull up the properties.<\/p>\n

Then set PublishOrderComments<\/em> to true<\/em>.<\/p>\n

\"mt4i-strategy-tags3\"<\/p>\n

Then you are all set!<\/p>\n

The next time you do a trade, don't forget to add your Strategy Tag to the comments box of your trade.<\/p>\n

\"mt4i-strategy-tags5\"<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":2022,"featured_media":1022338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201007],"tags":[201650],"class_list":["post-5159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-software-tutorials","tag-trading-journal","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"\nHow to Track Forex Trading Strategies in MT4i - Trading Heroes<\/title>\n<meta name=\"description\" content=\"MT4i is a free automatic online trade journal for Forex traders. 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