MTDS setup for Forex

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MicroTrends Support

May 14, 2014 12:16

Originally from ticket #2881.

I can't get MTDS FOREX trades to register a P&L. Gold and Oil work fine, but not FOREX.
I assume I have a setting wrong.

Could you advise me on how to set up MTDS to trade FOREX?

Thanks,
Terry 

 

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  MicroTrends Support

  May 14, 2014 12:17

  When running on Forex- change your position size to one of the following as advised by your broker: 
  Micro Lots: 1000 
  Mini Lots:10,000 
  Standard Lots:100,000

  Run on whole Pips - 
  Control Center > Tools >Options > Data > Quote Currencies (FX) in PIP

  This will allow you stops and targets to be the same as futures for the most part: 
  e.g 
  Stop 20 
  Target1 20 
  etc

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