The basic Metatrader 4 platform comes with an insufficient one-click-trading panel and basically no risk and money management options. In order to improve our trading results and in order to calculate our risk in pips or percent within seconds we need to provide our Metatrader 4 platform with additional tools.
In this video tutorial I will show you two basic Metatrader Add Ons that will turn your MT4 into a professional trading machine like the whs future station or ninja trader. Although there are many free additional tools for the Metatrader for download on the mql market place available, most of them don’t work properly or cause other problems. This is why you should rely on a well tested system as malfunction in trading tools in most cases cause severe losses. So today we are talking about mainly two tools: The Admiral Supreme Edition and the ActivTrades SmartOrder2 tools by means of which you can quickly scale in and out your positions and calculate your risk per position with a single click of a mouse button. You can find these tools with: