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What is Monte Carlo Method The Monte Carlo method is a popular betting strategy that uses probability and statistical models to make informed betting decisions...
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...
The brokerage company NordFX has summarized the trading results of its clients for May 2024. The performance of social trading services, PAMM and CopyTrading, as well as the profit earned by the company's IB partners were also evaluated...
Introducing the first forex advisor using AI with GPT-4o that actually applies it in trading, not just in words. I'd like to write a little more detail about what the GPT-4o model includes. GPT-4o: next-generation AI The main event of the day was the announcement of the new flagship model GPT-4o...
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...
Top 10 Expert Advisors in the market - which of them will keep it up in June 2024? First and foremost, a number of rules to define a good strategy: Diversification. A good strategy should be able to trade many symbols...
Hi, This EA use price action for the strategy. Recommend using M15 Time Frame My recommendation broker : Tickmill : https://bit.ly/ProTickmill Icmarkets : https://bit.ly/RawICMarkets TradingPro : https://bit.ly/ScalpXTradingPro FusionMarket : https://bit.ly/RegFusion FBS : https://bit...
Hi everyone, In this short blog post, I want to describe how the CLS Algorhytm and company operate. I have mapped their institutional operations and added it all to the ICT Template . After watching this video you will have basics for the your day trading strategy...
Understand My Professional Smart Trading System: Join the My MQL5 Channel to Stay Updated: https://www.mql5...
Russia and China can withdraw their financial operations from the influence of the West. The countries are able to develop independent transaction mechanisms among themselves. For example, through regional banks, sanctions against which do not interfere with their work...
On Tuesday, the Nasdaq hit 17,000 for the first time on strong gains in Nvidia shares, while the S&P 500 ended slightly higher and the Dow Jones Industrial Average fell as Treasury yields rose. Shares of Nvidia (NVDA...
In order to understand why you need the Prop Controller module, firstly, let's understand what this module is. The Prop Controller module is built into the Expert Advisor and its task is to prevent the drawdown on your account from being exceeded...
At the close of the trading day on Monday, the US stock market showed positive dynamics, spurred by strong growth in the technology sector, utilities and commodities segment. The Dow Jones Industrial Average rose slightly, adding 0.01%. Meanwhile, the broader S&P 500 rose 0...
For yesterday's day the EA made 2 trades for buying, the profit amounted to $1040. That's how in 1 day the EA brought +1% on FTMO account. In trading the most important quality is discipline, you don't need to make unnecessary trades...
