New trader seeking for help
xzo91369: Anyone has any suggestion for a new trader?
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Anyone has any suggestion for a new trader?
Anyone has any suggestion for a new trader?
Forum on trading, automated trading systems and testing trading strategies
How to Start with MT5, a summary !
Alain Verleyen, 2013.03.15 16:12
How to start with MT5 platform : summary.
As our topic about "How to start with Metatrader 5" is going to be huge, here you find a summary, with main links.
- A very good article to learn how to use this site.
- For a general overview of changements and improvements in MT5 plateform, read MetaTrader 5 - More Than You Can Imagine!
- Probably the biggest revolution is in management of trades : Orders, Positions and Deals in MetaTrader 5
- Vidéo : You can now change your stoploss/takeprofit by mouse directly on the chart.
- What is "trading on closed bar" ?
- About Signals : a mini-faq by newdigital, and some interesting information from his experience.
- Your first Expert Advisor ? Do you know you can create automated trading without programming ?
- Metaquotes has too his own Cloud network to help optimize your trading strategy. You have also plenty possibilities to backtesting a strategy.
- Vidéo : How to change period (timeframe) of current chart ? MT5 have many more available timeframes. (another method to do it).
- You want to try manual trading, but you don't even an idea how ? A very good system to begin.
- If you are using Linux, it'is possible to use MT5, but with some limitations.
For developpers.
- If you want to begin to programming with MT5, here is good step-by-step guide.
- If you come from MQL4, this article is a must.
- A very good and easy to understand article about use of arrays.
- Big news with MT5 is possibility to use OOP (Object Oriented Programming), specially we have now a Standard Library : great feature !
Work in progress, stay tuned :-)
Anyone has any suggestion for a new trader?
Besides the advice above by others, you can check YouTube for various trading styles and indicators. Most of the big claims of profits are FALSE. Send no money, just check the indicators, strategies, and trading styles for yourself on a DEMO account. Just blinding following YouTube systems will lose all your money almost immediately. But YouTube will give you lots of ideas to try out.
Market here will have a lot of free indicators and EAs as well as code share will have some basic indicators and EAs for you to experiment with.
Good luck
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