Updating Metatrader MT4: 2 useful tips
Metatrader MT4 is a very important piece of tool for forex traders. Making sure that it is working properly and bug-free is very important but updating it can sometimes produce haphazard outcomes i.e. missing settings or analyses.
We share 2 tips to make sure things don’t go wrong after an update.
Tip #1 – Saving your profile
MT4 allows you to save your personal profile i.e. settings and the charts that are open currently.
To save your profile
Click on File –> Profiles –> Save As
Save your profile under a new name.
In the event that your settings gets messed up by an update, then all you need to do is to load the saved profile.
To load your saved profile
Click on File –> Profiles –> Select the profile to load
Tip #2: Saving your analyses
Analyses i.e. all the technical studies that you have drawn on a chart like trend lines, Fibonacci rules, captions and so on can be saved easily as a ‘template’. In fact you can even copy it to another computer and work from there.
To save as a template
- Click on the chart with analysis you wish to save
- Click on Chart –> Template –> Save Template
- Enter a template name when prompted. Eg: AUDUSD_H4_Analysis
Alternatively, you can simply Right Click in the chart and select Template –> Save Template.
Extra Tip: If you have cloud storage such as Dropbox, Google Drive etc, you can save your analysis to these storages and use a physical medium like thumb drive to make computer – computer transfers.
With luck, the tips above should keep your trading platform in relatively the same shape before and after an update.
If you have any other tips which you use, do share in the comments below.
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Until next time, cheers!
Last time, many things that I wanted were just dreams, now I see them as possibilities. I’m looking forward to own pent-house suite in Manhattan overlooking Central Park because forex trading with Tflow® makes it possible. Find me on Google+