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11+ years
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81
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Follow our daily analysis channel at https://www.mql5.com/en/channels/morningbriefing
Our portfolio on the Market at https://www.mql5.com/en/users/blueball/seller
If there are questions, just contact us and we'll be happy to help.
All the best and happy trading
Alain
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Please note I don't take freelance jobs any more. Thanks for your understandings.
I'll number every sentence so that you can refer to a specific number/sentence in case of questions.
1. If you open an EURUSD BUY Trade with 0.2 lot, your broker has to take the counter position of 0.2 lot EURUSD SELL
2. If your broker just routes your order to the liquidity pool, there is an institution playing the counterpart that takes this 0.2 lot EURUSD SELL
3. Via our data provider, we get the information that there is a 0.2 lot EURUSD BUY Trade running. It's anonymous, but we know it's an open live trading position.
4. We get and summarize all this trading information from many users, many brokers, and tons of trades - all centralized and anonymous from our data provider
5. Now we see how the crowd of retail traders is positioned for EURUSD. Do they buy, sell, or is it balanced?
6. This allows us to analyze if their judgement is right. Does the EU price go up when most retail traders, like you, have EURUSD BUY positions running.
7. Unfortunately, they are seldom right. In the utmost cases, the prices move in the exact opposite direction.
8. Maybe because the big boys of the counterpart side (point 1 and 2) know exactly where the retailers stand. So, it's easy for them to squeeze the retailers out.
9. Because of point 7, we analyze where the retailers stand and display it from the opposite side, the big boys' perspective.
10. If the retail crowd is 80% bullish (BUY) for the EUR, we display the EUR 80% bearish (SELL) in FX Volume because that's how the big boys see it because they hold the counter bet. And that's why FX Volume is so outstanding precise.
I hope this helps to get a better understanding, and please ask if there are questions left.
Most of us use a VPS to run our trading EA's 24/7, but how to monitor if these terminals are up and running? What if they crash, or shut-down due to an update? How do I get notified about that? That's where our Heartbeat Monitoring comes into play. It provides you a 24/7 monitoring for all your terminals & VPS. So, what do we need for that? 1. A free-of-charge user account at Cronitor , a professional monitoring service. 2. This tool running on a chart on your VPS. In case of MT5 or
Most of us use a VPS to run our trading EA's 24/7, but how to monitor if these terminals are up and running? What if they crash, or shut-down due to an update? How do I get notified about that? That's where our Heartbeat Monitoring comes into play. It provides you a 24/7 monitoring for all your terminals & VPS. So, what do we need for that? 1. A free-of-charge user account at Cronitor , a professional monitoring service. 2. This tool running on a chart on your VPS. In case of MT5 or
This utility EA is intended to download all historical data from your broker at once. Once dropped on a chart (it can be any chart), you will chose the symbols and timeframes to process in the inputs. Then all is automated. It can takes some time and what is done will be display on the Experts log. Of course it can only download data really available on the broker server. The process is depending of the MT4 "Charts" settings "Max bars in History" and "Max bars in Chart", if you want to be sure
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Originally posted at https://www.mql5.com/en/market/product/67755?source=Site+Market+Main+Rating006#!tab=reviews&id=review_20931396
Originally posted at https://www.mql5.com/en/market/product/67757?source=Site+Market+Main+Rating006#!tab=reviews
Originally posted at https://www.mql5.com/en/market/product/67757?source=Site+Market+Main+Rating006#!tab=reviews
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If you don't know SIEA ZEN yet, have a look at its product page at https://www.mql5.com/en/market/product/67755
👉 SIEA ZEN - major update 👉 Default risk live signal 👉 Dynamic risk live signal TRADING STYLE SIEA ZEN trades all 28 trading pairs based on the 8 major currencies, USD, CAD, EUR, CHF, GBP, AUD, NZD, and JPY. Our unique volume analysis determines market imbalance and how intense they are to spot reverse entry opportunities. SIEA ZEN closes all its positions at the end of every month and starts a new cycle at the beginning of the next month. In this way, we'll
due to the mass of available information, I was asked where to start.
So these are the most important basics:
1. A Simple Trading System -> https://www.mql5.com/en/blogs/post/677671
2. The relation between majors and cross pairs -> https://www.mql5.com/en/blogs/post/734686
3. How to benefit from real volume data -> https://www.mql5.com/en/blogs/post/733987
Free market analysis and trade examples https://t.me/STEIN_INVESTMENTS_NEWS
In case of questions contact us directly https://t.me/SteinInvestments
All the best and happy trading
Daniel
