Articles
The Golden Rule of Traders for MetaTrader 4
In order to make profits based on high expectations, we must understand three basic principles of good trading: 1) know your risk when entering the market; 2) cut your losses early and allow your profit to run; 3) know the expectation of your system – test and adjust it regularly. This article
Mechanical Trading System "Chuvashov's Triangle" for MetaTrader 4
Let me offer you an overview and the program code of the mechanical trading system based on ideas of Stanislav Chuvashov. Triangle's construction is based on the intersection of two trend lines built by the upper and lower fractals
Mechanical Trading System "Chuvashov's Fork" for MetaTrader 4
This article draws your attention to the brief review of the method and program code of the mechanical trading system based on the technique proposed by Stanislav Chuvashov. The market analysis considered in the article has something in common with Thomas DeMark's approach to drawing trend lines for
Expert Advisor for Trading in the Channel for MetaTrader 4
The Expert Advisor plots the channel lines. The upper and lower channel lines act as support and resistance levels. The Expert Advisor marks datum points, provides sound notification every time the price reaches or crosses the channel lines and draws the relevant marks. Upon fractal formation, the
Two-Stage Modification of Opened Positions for MetaTrader 4
The two-stage approach allows you to avoid the unnecessary closing and re-opening of positions in situations close to the trend and in cases of possible occurrence of divirgence
A Trader's Assistant Based on Extended MACD Analysis for MetaTrader 4
Script 'Trader's Assistant' helps you to make a decision on opening positions, based on the extended analysis of the MACD status for the last three bars in the real-time trading on any timeframe. It can also be used for back testing
Trend Lines Indicator Considering T. Demark's Approach for MetaTrader 4
The indicator shows trend lines displaying the recent events on the market. The indicator is developed considering the recommendations and the approach of Thomas Demark concerning technical analysis. The indicator displays both the last direction of the trend and the next-to-last opposite direction