1/ Key level theory : Basic key level 2/ See the summary of the keylevel status of the Scancharts at the keylevel tabs Each cell corresponding to Symbol (row) and Timeframe (Column) is a Scan chart...
1/ Install Trailing Stop: Install in TradeTool tabs => View Tradetool Settings. 2/ Principle of operation of TrailingStop mode. Step 1: When entering the order ( manual entry or autotrade ) . Tool will determine where to move TrailingStop for the first time (if TrailingStop mode is on...
1/ Open the Trade Tool settings panel ( Applicable to orders entered manually by the panel ) 2/ Custom settings: Open Buy Panel / Open Sell Panel ( Click to open the Panel and manually drag and drop entry , SL , TP ) + Click the Click to Buy / Click to Sell button to confirm the manual entry...
0/ Open Symbol/Timeframe Dialog (After opening SetupDialog keep pressing the button as shown) Interface of Setup Symbols/Timeframes : 1 / Find follow Type (Select the Symbols group) Market Watch : Group of Symbols you have opened in the Market Watch Panel ( Ctrl + M ) Majors (6 major forex pairs...
1/ Click to open SetupDialog settings panel ( settings apply to the currently open chart) Open SetupDialog : From the Main Panel, click the setupDialog icon. 2/ setup input parameters for current chart : //--- common_setup Push_Alert_EPS : Open to receive EPS alerts ( Engulfing/Pinbar Signal...
1/ The General Inputs settings panel ( General setting applies to all charts ) 2/ Custom settings: MagicNumber : This is the Code (you specify) to store the tool's data...
Common interface 0/ When opening the tool: Select the language and select the number of Panels - Yes = English : The display language is English. - Yes = MiniChart in Sub Panel : Tool will include 2 control panels, Main Panel and Sub Panel. - No = Vietnamese : Display language is Vietnamese...
When you place a pending buy stop order with a trigger price that is sensitive to the bid-ask spread, it's possible for the order to be triggered even if the chart does not reflect the price reaching the level you specified...
Multi Strategist (MS) is a strategy scanner and fully automated multi-currency Expert Advisor. This Expert advisor offers a streamlined framework for strategy scanning...
KNOW MORE ABOUT INREXEA Hello traders, This is Huson Chow and Joanne Yip from Hong Kong we have been developing all InrexEA trading products since 2016. We explored many various types of techniques, some are excellent but many of them failed and exposed us to many different kinds of mistakes...
This document describes some important steps in configuring the Indicator Automator EA. Due to the nature of this EA with many degrees of flexibility, not all steps can be explained. Further on there is a strong dependence on the structure and performance of the referenced indicators...
The Indicator Automator for MT5 is a flexible MT-5 Expert Advisor targeting the trading strategy development and the automated trading based on up to 4 external indicators. Link to Expert Advisor: https://www.mql5.com/de/market/product/93214 Getting Started Guide: https://www.mql5...
Getting rich by trading Forex can be a difficult and challenging goal. While it is possible to make significant profits through Forex trading, it requires a combination of factors such as knowledge, discipline, experience, and luck...
Technical and fundamental analysis are two complementary approaches to analyzing the Forex market and making informed trading decisions. Technical Analysis: Technical analysis involves using charts and other tools to identify trends and potential entry and exit points in the market...
Forex trading involves risk, and managing that risk effectively is a critical aspect of successful Forex trading. Here are some key steps you can take to manage your Forex risk effectively: Set a Risk Management Plan: A risk management plan should be a key part of your overall trading strategy...
Staying disciplined and patient are essential qualities for successful Forex trading. Here are some reasons why: Avoiding Impulsive Decisions: The Forex market can be volatile, and it can be tempting to make impulsive decisions based on emotions or short-term market movements...
Having a good understanding of each currency is important in Forex trading for several reasons: Understanding Economic Fundamentals: Forex prices are largely determined by the economic and political conditions of the countries whose currencies you are trading...
Continuously educating yourself and staying up to date with the latest developments in the Forex market is important for several reasons: Staying Ahead of the Competition: The Forex market is highly competitive, and staying informed about the latest developments can help you stay ahead of other t...
In a trading system, both the entry and exit are important. A well-planned entry can set a trader up for success, but it is ultimately the exit strategy that determines whether a trade will be profitable or not...
