Micheal Ekon Uduak / Profile

The article deals with the problem of conflict-free trading of several experts on the same МТ 4 Client Terminal. It "teaches" the expert to manage only "its own" orders without modifying or closing "someone else's" positions (opened manually or by other experts). The article was written for users who have basic skills of working with the terminal and programming in MQL 4.

General principles of considering orders in a large and complex program are discussed.

The article deals with realization of charts without skipped bars.

The article deals with convenient and efficient methods of information storage and viewing. Alternatives to the terminal standard log file and the Comment() function are considered here.

Examined are the most frequent mistakes that lead the first-time programmers to creation of a "super-moneymaking" (when tested) trading systems. Exemplary experts that show fantastic results in tester, but result in losses during real trading are presented.

In the article, an attempt is made to visualize the intensity of specific markets and of their time segments, to detect their regularities and behavior patterns.

The article describes an algorithm of volume increase of a profit trade. Its implementation using MQL4 means is presented in the article.

Forecasting financial time-series is a required element of any investing activity. The concept of investing itself - put up money now to gain profits in future - is based on the concept of predicting the future. Therefore, forecasting financial time-series underlies the activities of the whole investing industry - all organized exchanges and other securities trading systems.

The article demonstrates an alternative view of technical analysis, which is based on the principles of both the modern automatic control theory and technical analysis itself. It is an introductory article representing the theory with some practical applications of it.

The article describes rules of marking patterns of Wolfe Waves. You will find here details of constructing and rules of accurate marking, which help to find correct formations of waves quickly and correctly.

In this article we will check the well-known statement that "The whole day trading depends on how the Asian session is traded".

The article demonstrates the capabilities and potential of a well-known mathematical method coupled with visual thinking and an "out of the box" market outlook. On the one hand, it serves to attract the attention of a wide audience as it can get the creative minds to reconsider the trading paradigm as such. And on the other, it can give rise to alternative developments and program code implementations regarding a wide range of tools for analysis and forecasting.

The article deals with some issues arising when traders apply various money management systems to Forex trading. Experimental data obtained from performing trading deals using different money management (MM) methods is also described.

Knowing the direction of the price movement is sufficient for getting positive results from trading operations. Some information on the possible direction of the price can be obtained from the Japanese candlesticks. This article deals with a few simple approaches to forecasting the direction of the Japanese candlesticks.

The article deals with the automatic system for analyzing any trading account in MetaTrader 4 terminal. Technical aspects of a generated report and interpretation of the obtained results are considered. Conclusions on improving trading factors are drawn after the detailed review of the report. MQLab™ Graphic Report script is used for analysis.