Bollinger Bands Expert Advisor Documentation This Expert Advisor (EA) utilizes a Bollinger Bands-based trading strategy for informed entry and exit decisions...
The S&P 500 and Nasdaq Composite ended Thursday with small losses ahead of a major jobs report, retreating from record highs hit the day before. The Dow, however, edged up slightly...
One of the most popular myths is that EA's can't make profits consistently and long term, but is it really true? 🤔 In front of you are the statistics of the MiloBot PRO Expert Advisor since 2019. For those who don't trust images, you can look at the account monitoring site Myfxbook (myfxbook...
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...
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...
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 Labouchere System 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...
DON’T DO THIS MISTAKE IN BACKTESTING! (Foreword: if you like this post please consider to have a look at my profile: About Me ) When you backtest an expert advisor in strategy testing, the broker calls the data from its servers. This part is a little bit tricky...
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...