When trading with MetaTrader 4, managing risk is crucial. One of the key tools in your arsenal is an Expert Advisor (EA), which helps you keep track of your trades and risk levels.
Your EA not only determines the allowed lot size for each trade but also provides real-time updates on how much of your capital has been utilized and how much is still available for trading. This feature helps you maintain a clear overview of your trading activity.
Additionally, the EA displays both your current and total profit, giving you a comprehensive view of your trading performance. Understanding these metrics can significantly enhance your trading strategy and minimize risk.
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