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If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: EUR/USD Timeframe: M30 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for EUR/USD, M30: MINIM_DAILY_PROFIT = Minimum...
In the Year of the Dragon, let’s pay attention to the Chinese yuan. It seems there is not something interesting about it. But don’t you know, there are actually two yuan? And both of them are Chinese. This is a rather strange and atypical monetary system. Interesting? Read on...
The euro-dollar exchange rate (EUR/USD) continues to experience very fluctuating trading sessions without a clear directionality and could impose itself upwards only after exceeding the target of 1.11400. In the best case scenario for the bulls, once the 1...
Table of Contents Description Metatrader 5: Testing of Expert Advisor in the terminals Metatrader 4: Testing of Expert Advisors in the Terminal MetaTrader 5: Setting the optimization and saving the file SET Multicurrency testing and optimization in the MetaTrader 5 terminal MetaTrader 4: Setting...
Table of Contents Description How to install Expert, Robot, EA and Expert Advisor? EAPADPRO and advisers from EXPFOREX Green and Red smile How to install the indicator? How to install the script? How to install the library file? How to download file setup (.SET) to the Expert Advisor...
LEVELS MANAGER Product Link > Levels Manager Market Maker ( trading panel ) tool designed to help traders optimize their trades and maximize profits for manual trading...
If you've ever thought or heard something like this, in the title, it's almost certainly not true. MQL programs are compiled by native MetaEditor's tools and executed inside MetaTrader under its full control. By design, MQL program does not and should not contain any means to break the terminal...
From a technical perspective the EUR/USD pair is struggling with a 20 SMA at around 1.0950 while a directionless 200 SMA provides support around 1.0845, the first support level for this week...
One Gold EA One Gold MT4 https://www.mql5.com/en/market/product/106352 One Gold MT5 https://www.mql5...
Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from January 1 to 5, 2024...
Hello traders, Today I spotted 2 trading setups and l placed 4 positions in total. 3 of them were in green and 1 of them was in a half loss. My first trade was a long setup on USDCAD M30...
Start. Deal with XAU/USD. Fishing is one of the most ancient ways to get food and there is no person who does not know how to catch fish with a fishing rod. Rod, line, float, weight and hook. What else is needed, besides bait on a hook, in order to catch fish...
There is no universally "best" trading model in the Forex market as the effectiveness of a model depends on various factors, including market conditions, individual trading styles, and trader preferences...
1. Trend-Following Models: Definition: These models aim to enter in the direction of the existing trend. Use of Indicators: Moving Averages, Trendlines, and trend confirmation indicators such as the Average Directional Index (ADX). 2...
Long-Term Traders: Long-term traders may place more emphasis on entry, as their decisions often rely on thorough analysis and long-term market trends. Short-Term Traders (Day Traders, Scalpers): Short-term traders may prioritize precise exits to capture small, quick profits...
Entry Points: Technical Analysis: Utilize chart patterns, trendlines, and technical indicators to identify potential entry points. Look for confirmations from multiple indicators to strengthen your trading decisions...
The world of Forex (foreign exchange) trading offers a myriad of possibilities for individuals seeking to generate income. However, it's essential to approach this market with caution, understanding the associated risks and making informed decisions...
In this blog I am going to share the real experience of my routine as a successful trader using system i coded in MT5 1. Manual Research : I started researching manually on chart with no indicator attached. I understood price action and fibonacci which is what made me successful...
According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair's high liquidity, which ensures narrow spreads and favourable trading conditions...
