Sunday, February 8, 2009

PK.Trader is a small facility forex trading software

PK.Trader is a small facility forex trading software to help you train yourself to trade forex, find valid forex trading strategy, and make your demo or live tading activities more effective, more convenient, and more comfortable.

It using for forex Metatrader 4 as the background trading platform. Metatrader 4 is copyrighted product of MetaQuotes. The use of the forex terminal part of Metatrader 4 is free, and is widely used as technical analysis software in forex and many other trading communities.

PK.Trader consists of two parts: PKTrader.exe, and PKTrader.ex4.
For demo or forex live trading, you should copy and paste PKTrader.ex4 files to your Metatrader 4\experts directory, and copy and past PKTrader.exe to your Metatrader 4\experts\files directory.

Then RUN your Metatrader 4. (if your Metatrader 4 is alredy open, you should close it and then restart.) From Metatrader 4 menu ViewàNavigatoràExpert Advisors, find and attach PKTrader to the chart, of which the symbol you want to trade. You can attach PKTrader to different symbol charts as many as you like, since you might want trade more than one symbol. Each attached PK.Trader version will only take care of the trades of that symbol of that chart with magicnumber placed by PK.Trader.

Then double click the file PK.Trader.exe in the Metatrader 4\experts\files directory to start the exe file. Now you can do demo or live forex trading from the PK.Trader GUI interface. PK.Trader will help you place stoploss, takeprofit, move stoploss to breakeven, and automatically trail your stoploss according to your instructions set from PKTrader. You can also conveniently place pending orders from PKTrader GUI, and effectively manage your open positions from PKTrader GUI.

You can also use PK.Trader as a tool to practice your trading skills and find your winning forex strategy. To do so, copy and paste PKTrader into your Metatrader 4\tester\files directory. Double click the file PKTrader.exe in the Metatrader 4\ tester \files directory to start the exe file. Then from Metatrader 4 menu ViewàStrategy Tester. In the forex Strategy Tester interface, select PKTrader as the forex strategy you want test, then select visual mode. You can attach different forex indicators from MT4 to the testing chart to help you train your trading habits.

-Click Buy or Sell buttons will place markt long(buy) and short(short) orders for the specified symbol,with the specified lot size,stoploss,takeprofit, and slippage.
-Click cabr button will close all buys for the given symbol and place forex market sell orders for the symbol with equal sizes as of the closed sells, for the specified stoploss,takeprofit,slippage.
-Click casr button will close all forex sells for the given symbol and place market buy orders for the symbol with equal sizes as of the closed forex buys, for the specified stoploss, takeprofit, slippage.
-Click erase will erase the order if it is not sent to the MT server by the MT Client if your network is not in good shape.

Risk Disclose: the author of PK.Trader assumes no liability in any form for your forex trading results.

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