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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How to tell Forex Experts from Forex Indicators

There is no file extension to distinguish between and forex Expert or forex Indicator. If you are not sure what you have, they you have to look at the code in MetaEditor. At the top of the code in MOST Experts there will be code such as Lots, Stop Loss, Take Profit, these would be Experts. Most MT4 forex indicators with say Custom forex Indicator in the code, and MT3 indicators with have things such as Separate Window, First Color, Draw Type and things of that nature. I can not code a single thing, but I can read. Some forex Experts have a wealth of information written inside the code for easy understanding.

When you drag the Expert from the forex Expert Advisors folder in MetaTrader to the forex chart and let if go, that is when a pop up window should show up. On the common tab will be a box that says allow live forex trading, check it. Inputs tab will be to make changes to the code if it's allowed. Then click ok. Forex Indicators taken from the Custom Indicators folder of MetaTrader will have a popup window as well, but no live trading. Just a list of settings, click ok and it should run.

If it's not, I would probably remove the Expert or Indicator from MetaTrader and try it again. I could be they are just in the wrong folders. Open the code to determine what it is, place it in the appropriate folder, compile it in that folder and start MetaTrader. From the Navigator menu, open forex Expert Advisors, drag the forex EA to the forex chart you want to run on and let it go, on the comon tab from the popup, click allow live trading and it should work. If it's an Indicator, it will be in the Navigator Menu under Custom Indicators.

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