Manual for the panel “Trading History” – Other – 9 November 2023

Trading History – A program for trading and money management based on the history of quotes. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions.

Currently, the panel is available only for the Meta Trader 4 trading terminal.

Trading. Preparatory stage

To start trading on quote history, you need to pre-set up the terminal:

First start

After completing all the settings, you must click on the “Start” button, which will start testing. Please note that on the bottom left there is a speed slider that can be changed to speed up and slow down testing.

You can also pause it, which is what you will need to do.

Depending on what strategy you are testing, you may need indicators on the chart. They are added to the chart in the strategy tester in the same way as to a regular chart. To do this, click on the “Insert” – “Indicators” button and select the one you need. Below, using the example, I will add the “Alligator” and “Fractals” indicators to the chart.

Ready-made templates

To avoid having to adjust the appearance of the chart every time before testing, you can save it into a template along with all the indicators that are on it. To do this, after setting up a chart on history, right-click on the screen and select “Template” – “Save template”. Give the template a name and save it to the default folder.

Loading templates

For each trading strategy that you will test, I recommend preparing a set of templates that you can load onto the chart in a few clicks. In the example below, I will load a template with the “Fractal” and “Alligator” indicators. See how quickly you can get your chart ready.

Loading quotes

In some cases, when you try to start testing, the tester may simply not start. This may happen because you selected a date that is too old and there are simply no quotes in the terminal to test it. Most often, the terminal loads quotes on its own, but if it doesn’t do this, then you need to help it and load quotes manually.

This is done very simply. Let’s imagine that we are going to trade the GBPUSD currency pair and for this we need all available quotes for this instrument.

Go to “Tools” – “History Center” – Look for the desired currency pair – Select the desired timeframe and click load.

Make sure that the name of the instrument you intend to trade exactly matches the quotes you download. People often make the mistake of downloading quotes, for example for GBPUSD, and trading GBPUSD.m.

Trading instruments

Having dealt with the preparatory stage, we can move on to the description of the trading panel itself:

Money Management

The panel provides two ways of money management:

Fixed Percent Method

The essence of the method is that one trading operation always uses the same risk, which is set on the indicator panel. By default it is 1%, but you can increase and decrease it using the up and down arrows. The lot size in this case will depend on the size of the Stop Loss. The higher the Stop Loss size, the lower the lot size. The smaller the Stop Loss, the bigger the lot size.

Default percentage change step = 0.5. Can be changed in the external parameters of the indicator. The “stepPercent” parameter is responsible for this.

Trading Lot

Implies the use of a predetermined trading volume. To activate this money management method, click on the “Lot” button. The default volume = 0.1 lot and can be changed using the up and down arrows.

The lot change step can be changed in the external parameters of the indicator. The “stepLot” parameter is responsible for this.

TakeProfit, Breakeven, Trailing Stop

“Breakeven” – responsible for moving a trade to breakeven. As soon as the price moves into the positive zone within the range allowed by the broker, clicking on the “Breakeven” button will move your Stop Loss to the trade opening level.

“Trailing” – enables the “Trailing Stop” function. When the price passes a certain range (for example, 500 points on the fifth symbol after the dot or 50 points on the fourth symbol after the dot), the price moves to the trade opening level and moves along with the price as it moves.

It is important to note that for different currency pairs the trailing stop parameter must be selected separately, since different instruments have different volatility. The size of the trailing stop is determined by the “Trailing” parameter in the external parameters of the panel.

“TP” – responsible for setting the “Take Profit” order. The default ratio is 1 Stop Loss = 3 Take Profit. When you click on the “TP” button, Take Profit will be set. The ratio of Stop Loss to Take Profit can be changed using the down and up arrows.

Trade orders

The panel is capable of opening both immediate and pending orders. Currently available:

• Buy
• Sell
• Buy Stop
• Buy Limit
• Sell Stop
• Sell Limit

If you do not use pending orders in trading, you can remove it by clicking on the “PO” button in the upper left corner of the screen. In the example below, I turned off pending orders and left only immediate ones.

The “Close All” button is intended to close all orders on the current chart, as well as to delete all pending orders on the current chart.

Panel activation

In order to activate the panel, you need to click on the large square button in the center. After clicking it, two lines (orange and blue) will appear on the chart, and the spread will also be displayed under the current price line.

In the version of the “Trading Helper” panel for the real market, everything happens instantly. You can see an example of panel activation in the picture below. This is explained by the fact that any action performed by the panel is made with the arrival of a new tick on the chart, and ticks on the current chart are constant. The same applies to opening trades, which we will talk about a little later.

In “Trading History” everything works in an identical way. Any action (activating the panel, opening trades, etc.) with moving quotes occurs instantly. But, if you are paused, nothing will happen until you press the “F12” button, or turn off pause mode.

For example, if we activate the panel while paused, then you need to perform two actions:

• 1. Press the big square button
• 2. Press the “F12” key, which activates the arrival of a new tick

Below, using an example, I will first show how the activation of the panel works when quotes are moving, and then how the activation of the panel works when paused by pressing the “F12” button.

Now let’s look at the lines that appeared after activation.

Orange line – Potential Stop Loss level for immediate and pending orders. Must be placed where you intend to place your Stop Loss level.

Blue line – Level of a potential pending order. It doesn’t matter which one. Must be placed where you are going to place a pending order.

Information above the orange line

Above the orange line is information about a future immediate order. From left to right:

• Lot – Lot for the current trading operation
• $ – Risk in the deposit currency in dollars (risk as a percentage of the deposit)
• S/L – Stop Loss size in pips

Information under the orange line

Below the orange line is information on a future pending order. From left to right:

• Lot – Lot of the future pending order
• $ – Risk in the deposit currency in dollars (risk as a percentage of the deposit)
• S/L – Stop Loss size in points for a pending order

Spread