n modern trading, there are different types of levels that traders use as reference points on price and time charts. Let's explore some of these levels: Horizontal Levels: Horizontal lines on a chart represent price levels...
In my morning forecast, I drew attention to the level of 1.2779 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and see what happened...
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time...
Hello traders, Today i traded Micro E-mini Nasdaq Futures Using "SUPPLY DEMAND EA PROBOT" . This EA was designed to place trades Automatically on Supply and Demand Zones. You have also the possibility to place trades Manually by clicking the Zone Label next to a Zone...
Why Trading Patterns will Kill You Softly Trading patterns may seem like a reliable way to make profits, but they can be deceptive. When these patterns disappear, they often don't return quickly, sucking money from your account and eroding your confidence...
The most common question of every client is: “How do I know if the Expert Advisor will be profitable or not before buying it”? Testing the EA on history and signals of real accounts, on which the EA works, is the only thing you should rely on before buying an EA...
Get the current promo starting June going through Aug 2024 only. BUY HFT HACKER MT4 or MT5 Buy HFT Hacker https://www.mql5.com/en/market/product/74421 and get Limitless Arbitrage or HFT Gold Scalper https://www.mql5.com/en/market/product/103005 https://www.mql5.com/en/market/product/89604...
Introduction The Monte Carlo method is one of the gambling system betting techniques, and it is a "casino strategy" that has a legend that it destroyed a land-based casino in Monte Carlo, Monaco...
In the fast-paced world of trading, efficiency and precision are paramount. Introducing Trade Board , the professional trade assistant designed specifically for MetaTrader 4 and MetaTrader 5 platforms...
The Dow Jones Transportation Average (.DJT) is down about 5% this year, in stark contrast to the S&P 500's (.SPX) 9% year-to-date gain and the Dow Jones Industrial Average's (.DJI) 1% gain, which topped 40,000 for the first time this month...
AI GEN XII EA SET UP After purchase the EA, please follow the steps below to set up the EA correctly. First, before adding the EA to the Chart , please open your Metatrader, navigate to " Tools " -> " Options " and click to " Expert Advisors...
How to set Montecarlo EA This is an EA that operates 6 logics (TYPE A to TYPE F) on multiple currency pairs. So it needs to be applied to 19 charts. The setting method is described below. 1.Setting method of TYPE Please set each EA to the following currency pairs and time frames...
Brief Summary: The nonfarm payrolls figure released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business, within the States...
When you backtest an expert advisor in strategy testing, the broker calls the data from its servers. This part is a little bit tricky. What most people are not aware of is that brokers store sort of ‘shaved data’. That is, brokers do not store 100% of live tick data flow in their servers...
How to Change the Indicator colors? In this example we are going to change the candle's purple color to yellow color. (remember this is just an example and you can use the same logic to change the rest of the colors...
How to Apply a Preset? After you click and drag the indicator to the chart and before you click Ok you will see a LOAD button click...
How to find an Indicator or an Expert After purchase? There are two ways to do this: From the MQL5 website. From MT4 and MT5. From MQL5 site: Step1: Go to your Profile on mql5 and clock on purchases as show in the below picture...
How to Buy and Install any Indicator or Expert in the market from mt4/mt5...
EUR/USD: Awaiting a Turbulent Week ● Recall that Monday, 27 May was a holiday in the US. However, on Tuesday, dollar bulls took control, and the DXY Index started to rise, bolstered by a significant increase in the US Consumer Confidence Index (from 97.5 to 102.0 against a forecast of 96.0...
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