History Order Trades Script
The History Order Trades Script for MetaTrader is a trading tool that displays the records of past trade history.
Description
The History Order Trades Script for MetaTrader is a trading tool that displays the records of past trade history. It’s a script that would help you to evaluate your trading history to see what eventually became of your trade setups after you exited.
With this script, you can assess the number of your past trades that went in or against the direction of your setup and by how much pip.
The evaluation of your past trades is one of the best ways to grow in terms of experience in the financial industry. The experience is what will help you to make better trading decisions in the future. In essence, it helps you to know when to exit or hold a trade a bit longer for maximum profits.
Further, the MT4 script is recommended for novice/intermediate and advanced forex traders to evaluate their past trade performances.
How to Use The History Order Trades Script For MT4
The above image shows a blank chart of the AUDNZD pair. Now, let’s assume you want to see how your previous trades performed after they hit your Take Profit/Stop Loss. To do this, you simply open the History Order Trades script for MT4 and run it on your chart.
The above image shows the past trade taken on the AUDNZD pair that was identified by the script. It shows a buy trade, the Take previous Profit, and Stop Loss zones.
From the above image, you can see that the buy trade went a few pips in the favored direction but retraced and hit the break-even, and eventually took out the Stop Loss. This information clearly shows that but for the break-even, the trade would have been a loser.
Note that the ‘auto trading’ function is recommended to be turned on before running the script. Besides, the “Allow live trading” and “Allow DLL imports” are also recommended to be ticked before running the script.
Conclusion
History Order Trades Script for MT4 is an incredible forex trading tool that was programmed to display past trades to help you self-evaluate your strategy and trading style. Finally, it is free to download.
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