In the world of trading, you can benefit from optimizing a trading platform in several ways. For instance, trading platform optimization ensures a faster trading execution, minimization of slippage, and overall enhanced trading efficiency. These aspects can lead to improved user experience and profitability. However, optimizing your trading includes refining your trading strategy by using back testing, efficient risk management, and adjusting certain parameters.
Read on to learn more.
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Essential Steps to Optimize Your Trading Platform
Here is a list of essential steps that can help optimize your MT4 trading platform.
Reduce Max Bars
Both MetaTrader platforms of MetaTrader 5 and MetaTrader 4 have “Max bars” in a chart. With that said, a great starting point to optimize your MT4 platform is by reducing the number of these Max bars in the chart field. Ideally, you should minimize this value by at least 50%, so you can actually optimize the performance of your trading platform.
Nonetheless, if you detect that the trading platform performance is still lagging, you must keep decreasing the value until the performance is smooth. You can navigate to history and decrease the volume of Max bars. However, minimizing the volume in the chart is often enough to improve the performance dramatically.
RAM Optimization
Another great strategy to optimize your trading platform is to optimize the memory. If you are an active trade
RAM Optimization
r, there is a high chance that you have more than one terminal open on your MT4 trading platform during a trading session. You might be managing various trading accounts, performing demo trading, or practicing a variety of trading strategies to see what works.
However, you should know that the number of MetaTrader platforms that you can run on your device depends on the available memory and the speed of your CPU.
With that said, you might run into problems if you are running MetaTrader on an older version of your PC or Mac. However, high memory usage can also be an issue with new computers, which can lead to annoying slowdowns. Optimizing the RAM can fix this issue.
Analyze Custom Indicators
Another efficient way to optimize your MetaTrader platform is by analyzing your custom indicators. You should know that if your CPU is overloaded all the time, then your MetaTrader 4 platform might stop responding, and there is a high chance that your custom-made indicators might be the real culprit behind the slowdowns.
On the other hand, the default indicators of MetaTrader 4 are usually optimized, which is why they do not cause slowdowns or affect the memory footprint of your computer. With that set, you should check out your custom indicators and delete them if necessary.
Educate Yourself on MT4 before Trading
To optimize your trading platform, it is certainly in your best interest to get educated on MetaTrader before you start your trading journey. Any potential issue that you might experience when using MetaTrader can be resolved very quickly, as the MetaTrader platforms have greatly improved since the initial launch on the market. Today, MetaTrader is considered the elite platform for online trading, especially the MT4 platform for trading forex and CFDs.
