Home

Scorpion / Publications

Forum

2

Forex Money Management, Part 1

Why Money Management? Best system will fail in long-term if it is without proper money management. On the contrary, bad system can turn profitable if used with a good money management. Currency trading always go through the cyclical ups and downs, where winning and losing are just part of the game

8

Upgrade Line Chart with Dots (MT4)

It's always tiring to hover mouse cursor over strings of points to locate close price . Wouldn't it be cool if MetaTrader ploted small dots at close price? Well, no need to wait for MT5 for such feature. Download yourself CloseDots indicator and plot it on any chart. Line Chart Line Chart with

0

Part 4 - Learn Forex Trading: Order Types

As a forex trader you have recourse to different types of orders in order to enter and exit the forex markets. These different types of orders allow you to specify precisely as to how your broker should fulfill your forex trades. This article explains the different order types that are possible in

29

sashken EA - 3rd Place at Automated Trading Championship!

Thanks to sashken for sharing this winning EA. You can download it below. The system is very simple: Buy when MA 7 crosses above MA 20, and sell when MA 7 crosses below MA 20. Set TP to 140 and SL to 100. You can follow the EA at ATC2006 . Enjoy

158

Phoenix EA - 2nd Place at Automated Trading Championship!

Thanks to Hendrick Stam for sharing this winning system and expert advisor. This EA (Phoenix 4 Contest) is currently 2nd place at ATC 2006 hosted by MetaQuotes. Phoenix_4_CONTEST.mq4: running live at ACT 2006. phoenix_ea_v5_6_03.mq4: the latest version. Hendrick: It’s time to start a new thread

7

Expert Advisor Upgrader - Turn Simple Into Superb

My next big FREE tool for forex community is the Expert Advisor Upgrader which is currently in active development. Expert Advisor Upgrader will help you turn a few lines of code into a professional expert advisor with above-standard features such as spread reduction, multi-chart support, trailing

7

dazler sar-ma (profitable in backtest!)

This cool system is originated from dazler, who asked me to code in metatrader expert advisor for free. Haven't done forward testing yet, but backtesting result from 2003 looks real good. I do believe the result can be replicated in forward testing. Enjoy! dazler: buy close> sar cross moving ave 10

0

Success and Failure

I think the success to anything does not simply lie on "Failure is okay; just keep doing it till successful." This is wrong. It urges you to blindly risk whatever it takes in hope that success would come at the end. Of course, success will come after a string of failures but at what price you have

4

CFTC to Impose 10:1 Leverage Limitation

CFTC is proposing new rules to limit the leverage on all retail forex transactions to a maximum of 10:1 at all US-based brokers. When passed, these new rules will effectively kill the US-based retail FOREX market. If you believe this is going to affect you, you may submit your protest to CFTC before

0

Part 1 - Learn Forex Trading: Forex Market Overview

Forex is a loose acronym for Foreign Exchange Market that originated in the 1970s around the time free currency exchange rates were introduced in the world. In forex markets, market participants determine the price of one currency against the other purely from market forces stemming from supply and