The Trading MentorThe Trading Mentor

Carry Trade Strategy — MT5 Trading Guide

Carry trade profits from interest rate differentials between currencies by buying high-yield currencies against low-yield ones, earning daily swap payments.

Daniel Harrington

Daniel Harrington

Senior Trading Analyst · MT5 Specialist

Execute Carry Trade with Pulsar Terminal

Strategy Overview — Carry Trade

TimeframesD1, W1, MN1
Holding PeriodWeeks to months
Risk / Reward1:2 - 1:3 plus swap income
Difficultyintermediate
Best InstrumentsUSDJPY, AUDJPY, NZDJPY, USDTRY, USDMXN

Pulsar Terminal Features for Carry Trade

  • Trailing stop
  • Breakeven automation
  • Risk management

Trading Tools

Calculate your position size for Carry Trade

Position Size Calculator

Calculate optimal lot size based on your risk management

Risk LevelMedium Risk
Recommended Position Size
0.40 lots
Risk $200.00
Per pip $4.00
Risk: $200184£158

Based on standard forex lot ($10/pip). Adjust for different instruments. Always verify with your broker.

Risk/Reward Calculator

Visualize your risk-to-reward ratio before entering a trade.

Risk : Reward Ratio
1 : 2.00
Long · 50 pips SL · 100 pips TP
Potential Loss-$500.00
50p
Potential Profit+$1000.00
100p

Based on standard forex pip value ($10/pip/lot). Actual values may vary by instrument and broker.

Compound Growth Calculator

Project your capital growth with compound returns.

$13k$18k$32k
Final Balance
$32.3k
Total Profit
$22.3k
ROI
223%

Hypothetical projections only. Past returns do not guarantee future results. Trading involves risk of loss.

Forex Trading Sessions (UTC)

When each major forex market opens and closes.

0h4h8h12h16h20h0SydneyTokyoLondonNew York
London–New York overlap (13:00–17:00 UTC) — highest liquidity
Active trading session — spreads typically tighter

Times shown in UTC. Actual hours may vary by broker and DST adjustments.

Apply This Strategy

Daniel Harrington

About the Author

Daniel Harrington

Senior Trading Analyst

Daniel Harrington is a Senior Trading Analyst with a MScF (Master of Science in Finance) specializing in quantitative asset and risk management. With over 12 years of experience in forex and derivatives markets, he covers MT5 platform optimization, algorithmic trading strategies, and practical insights for retail traders.

Pulsar Terminal — Advanced MT5 Trading Panel

Master Carry Trade with Pulsar Terminal

Pulsar Terminal gives you the advanced tools you need to execute Carry Trade strategies on MetaTrader 5 with precision.

Get Pulsar Terminal

Risk Disclaimer

Trading financial instruments carries significant risk and may not be suitable for all investors. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered investment advice. Always conduct your own research before trading.