Practical tips
Practical tips - different hints and life-hacks which are useful for a forex trader in various ways. Everything from banking and money transfer solutions, how-to guides and manuals, to equipment and useful software reviews. Subcategories: Workspace / MetaTrader
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How to extend the validity of a demo account in Saxo Bank
Saxo Bank is one of the most reputable brokers on the market. Their platform SaxoTraderGo allows trading a wide range of instruments as well as options, futures, and swaps. It is by far one of the most advanced trading ecosystems on the market that is available to retail traders. Taking this into consideration one can be surprised that unlike most brokers who offer unlimited demo accounts Saxo Bank demo account will expire in just 20 days. It is hardly enough time to learn the SaxoTraderGo platform, not to speak of testing any strategy in a live environment. Luckily there is a little hack that allows you to extend your demo…
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How to run replay in TradingView on two or several timeframes simultaneously
As of summer 2024 TradingView introduced a function that allows you to run replay on two time frames simultaneously, but I leave this post for those who would like to run the replay on two instruments at the same time or replay more than two timeframes. In theory, it is impossible to run replay in TradingView on more than one instrument and one timeframe at a time. However, there is a simple trick that allows us to bypass this limitation. If you open one instance of TradingView in the Windows desktop app and another in your browser you will be able to run a separate replay in each of these…
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How to change sounds in Meta Trader
This is a short instruction/tutorial on how to change alert sounds and sounds in general in Meta Trader. I will also show you how to turn them off completely. I made it for MT4 but will work also with MT5. 1. Getting new sound files – Metatrader Trader is using *.wav files for alert sounds, which is not so common these days anymore, so you need to convert your mp3 or any other format you have to wav. I use convertio.co for that. You just upload your file and choose wav as the output format and press convert. Select *.wav and press “convert”. Conversion may take up to a minute…
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Trader’s health and safety basics
As traders we have many things to look after, so we rarely think about how trading can influence our health. Especially at the beginning of a career, a trader has to cope both with technical and fundamental aspects of the market, and a full scope of feelings and emotions. No wonder, when in such conditions, one would not even think about such stuff as the ergonomics of a workspace, and work and safety principles. When one works at a company, these things are being taken care of by a health and safety officer, so there are not many occasions where one can acquire a habit of thinking and taking care…