Welcome
October 6th, 2009
General
- What is Magic Lines for Forex? – Magic Lines is a visual order entry, management and risk control system for MetaTrader 4 that will optimize trading and improve your trading experience on the Forex and index market.
- Why should I use Magic Lines? – Magic Lines takes the hassle out of trading and puts speed, accuracy and risk management back. You will feel more secure and more in control. With some brokers you can’t put in stoploss and takeprofit when executing an instant order against market price. But when using Magic Lines, you can.
- Can I make more money with Magic Lines? – If you lose pips due to slow order entry, make typing mistakes, can’t modify a position quickly enough, forget to put stoploss or take profit, aren’t able to quicly calculate the lot size based on your risk, definitely YES.
- How much does it cost? – EUR 40(+tax) for a single personalized license (one trading account).
- I’m a broker. Can I license Magic Lines for my clients? – Yes you can. After you purchase one license you will receive full contact details and we can take it from there.
- Is there a refund? - Before buying Magic Lines we recommend that you test it on a demo account first and then buy it if you are satisfied.
- Can I test drive on a real account? Demo accounts behave differently. – We are working on a version that will expire after 10 days. However, we recommend testing Magic Lines on a demo account for now because you also should practice with a few trades to get the right feeling.
Technical
- Can I change the colors and the size of the lines? – Yes you can.
- Can I change the risk % from the default 1.5% to i.e. 2%? – Yes
- Can I use Magic Lines on more than one trade? – Yes, but only on a different currency pair.
- Can I use Magic Lines on more than one account? – One license is limited to only one account. If you trade different accounts you must buy more licenses.
Support related
- What about updates? – Magic Lines has a regular update release program. Updates will remain free unless ther is a major addition of functionality.
- What about support? – Support is limted to information on this website. You can ask questions in the comment panels and we will try to answer them.
Company related
- Who develops Magic Lines? – Magic Lines is a software project of MITC, a company based in The Netherlands. MITC develops specialized software for a variety of markets.
- Why don’t you publish an address or location? - We prefer to be contacted through e-mail or via the comments to reduce costs during the introduction of the application and above all avoid unsollicited e-mails and phone calls from other companies. If you need our contact details without first registering on this website, you can find us at the Dutch Chamber of Commerce.
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