Overview This is the STANDARD EDITION of the ULTIMATE STRENGTH DIFFERENTIAL series. The indicator graphically shows the STRENGTH/WEAKNESS of the BASE currency relative to the QUOTE currency on any chart it is placed. It is an RSI based indicator that is backed by solid mathematical and statistical computation involving a robust method of determining statistical median of a sample The strength of each currency is calculated across all the pairs in its matrix. Depending on the chart it is placed
Overview This is the PREMIUM EDITION of the ULTIMATE STRENGTH DIFFERENTIAL series. The indicator graphically shows the STRENGTH/WEAKNESS of all the major currencies in the FOREX market (USD, EUR, CAD, JPY, GBP, NZD, AUD and CHF). It is an RSI based indicator that is backed by solid mathematical and statistical computation involving a robust method of determining statistical median of a sample. The strength of each currency is calculated across all the pairs in its matrix. Data from 26 currency
Overview This is the FIBONACCI version in the Pivot Point Plotter Series. It is a robust indicator that dynamically calculates and plots FIBONACCI daily pivot points on your chart irrespective of intra day timeframe on which the indicator is placed.Kindly note that it is a DAILY Pivot Point Plotter for DAY TRADERS who trade on intra day timeframes (i.e. 1MIN, 5MIN, 15MIN, 30MIN, 1H and 4H) on MT4 platform. This indicator is an absolute day trader companion. Features Dynamically calculates a
Overview This is the WOODIE version in the Pivot Point Plotter Series. It is a robust indicator that dynamically calculates and plots WOODIE daily pivot points on your chart irrespective of intra day timeframe on which the indicator is placed. Kindly note that it is a DAILY Pivot Point Plotter for DAY TRADERS who trade on intra day timeframes (i.e. 1MIN, 5MIN, 15MIN, 30MIN, 1H and 4H) on MT4 platform. This indicator is an absolute day trader companion. Features Dynamically calculates and p
Overview This is the CAMARILLA version in the Pivot Point Plotter Series. It is a robust indicator that dynamically calculates and plots CAMARILLA daily pivot points on your chart irrespective of intra day timeframe on which the indicator is placed. Kindly note that it is a DAILY Pivot Point Plotter for DAY TRADERS who trade on intra day timeframes (i.e. 1MIN, 5MIN, 15MIN, 30MIN, 1H and 4H) on MT4 platform. This indicator is an absolute day trader companion. Features Dynamically calculates
Trend detecting indicator that draws a blue support line when the market grows and a red resistance line when the market falls. Works on a\ll currency pairs and timeframes. The main advantage of this indicator is drawing support and resistance lines from a higher timeframe that can be used for placing stop loss. Input Parameters Description: HeadHour - in case you need to draw a higher timeframe. StarTime - sets the higher timeframe. BarIstiri - calculated bars. BarPeriod - the number o
This indicator lets you define your own custom pattern instead of other common candlestick patterns which everyone knows about like the Doji pattern. Once the indicator knows the pattern you want it to look for then it will go through past and future bars on the chart, make them visible to you, and gather statistics. These statistics include the percentage of bullish and bearish candles that immediately followed the pattern. So the user will have a statistical advantage in knowing what type the
El comercio según las líneas de apoyo (support) y resistencia (resistance) tiene muchas ventajas y sigue siendo uno de los instrumentos en el arsenal del trader. Otro método de cálculo de varias líneas de apoyo y resistencia horizontales es el uso de una fórmula basada en los valores del máximo (High), el mínimo (Low) y el cierre (Close) de la barra anterior. La fórmula calcula los niveles de apoyo que contienen un punto de apoyo (pivot), así como tres niveles de apoyo y resistencia. Estos nivel
Fractal Support/Resistance Clusters is an indicator that draws support and resistance lines based on fractals whose sources have not yet been broken and are therefore still relevant. A fractal is relevant as an indicator of support or resistance when the price of its previous opposing fractal has not been broken. Clusters of support and resistance zones are derived using the density-based spatial clustering of applications with noise (DBSCAN) algorithm and can be drawn on the screen. These clus
Gann Fibo Lines Gann technique and fibonacci technique combined. Introduction WD Gann was a very intelligent and successful trader. He won many millions with his analysis. But at his time, there was no computer who can calculate complex algorithm. So now I have improved the idea from the Gann Angles. The old technique was to find a average price rising per time unit. So we get a trendline with its value. And other trendlines with some simple multiplier (x2 , x4 , x8 and so on) My Id
AlievTM Orders by Button is a unique trade panel for MetaTrader 4 that include the main and the most important functions. Using it your can send all types of orders: buy, sell, buy stop, buy limit, sell stop, sell limit, close, delete. You can choose lots, stop levels and offsets, filter position to be closed by magic numbers and symbols. Unique Features of the Panel: Allows testing the manual strategy of the EA in the tester.Convenient visually. Works with any brokers, account types, timef
The Expert Advisor sets the specified order grid depending on orderType value: 2: BuyLimit 3: SellLimit 4: BuyStop 5: SellStop 6: BuyStop - BuyLimit 7: SellStop - SellLimit 8: BuyStop - SellStop 9: BuyLimit - SellLimitParameters: LotSize - lot size.TP - take profit.SL - stop loss.CountOrders - number of opened orders in each direction.MagicNumber - magic number.FirstShift - distance from the current price, at which orders are to be placed.SecondShift - distance between placed orders.RepeatMode
Cuando el tiempo lo es todo, este indicador se mostrará cuando comprar y vender Punto rojo indica el precio es ir hacia abajo, punto azul indican el precio es ir arriba Abierto comprar posición cuando punto rojo a la parte inferior Abierto vende posición cuando punto azul llegar a la cima Es tan fácil! El comercio de feliz!
Our "Trending Topik" Forex Expert Advisor works based on several non-lagging Forex indicators and combined with price action confirmation on a big time frame searching current major trends and looking for the best momentum on 3 small timeframes with built-in target percent equity to lock our profit. It works on EURUSD, AUDUSD, USDJPY, GBPUSD and EURJPY. ROI per month from 10-45% and low dd max 30%. Trending Topik EA Concept EA Trending Topik is the latest development of the efficient
This indicator was built based on Moving Average, but it always reset counter at the first bar of day/week/month. Simple arrow signal to show buy/sell signal. 3 lines of moving average can be used as price channel, this is market trend also. time_zone option allows choosing time for trading and session movement analysis.
This indicator displays Commitments of Traders data released every week by the CFTC. Please make sure that you download MWC_3L.dat file into the folder [...]/MQL4/Files. A more detailed instruction can be downloaded here. Main data folder: www.myweeklycot.com/cot/voll/2014/… Files: MWC_3L.dat - Net Positions for Non Commercial, Commercial and Non Reportable (In this order) MWC_OI.dat - Open Interest MWC_COXNC.dat - COX Non Commercial for P12,P26,P52,P156 MWC_COXC.dat - COX Commercial f
Pair’s RSI is an auxiliary indicator that can be used in conjecture with Pair’s Spread, Pair’s MACD and Pair’s Momentum Indicators for optimizing the timing of opening or closing a position in a Pair’s trading strategy. Pair’s RSI is an ordinary RSI indicator with the only difference being the way its price is derived. While a simple RSI indicator uses the closing prices of only one instrument, Pair’s RSI uses the Pair’s Spread closing price. (see equation 2.) Lets assume that we have id
This EA will send message to your mobile with installed MetaTrader 4 (Android or iOS). It will send notification to your mobile if Price is above or below certain level Inform Bid price every new H1 candle Your account's equity raise higher or reduce below certain level Order is opened or closed ...Of course, you have option to disable one by one. P/s: set parameter to 0 or false if you don't want to use it. Good luck!
The information indicator Symbol Status shows the most important information on a financial instrument and reflects the current account status. The input parameters are: Option Field Default Value Description Show a sintetic bar true Show the schematic ratio of the current price and the open price to the candlestick body X, Y coordinate 5, 5 The position of the upper right corner of the panel relative to the upper right
El indicador muestra el movimiento medio de dos parejas de divisas correlacionadas cualesquiera en un marco temporal. Cruzamiento de dos líneas (en el caso de "EURUSD" (línea azul) y "USDCHF" (línea amarilla)) indica la tendencia ascendente o descendente. Parámetros de entrada: symbol1 = EURUSD MAPeriod1 = 13 MAMethod1 = 0. Valores posibles: MODE_SMA = 0, MODE_EMA = 1, MODE_SMMA = 2, MODE_LWMA = 3. MAPrice1 = 1. Valores posibles: PRICE_CLOSE = 0, PRICE_OPEN = 1, PRICE_HIGH = 2, PRICE_LOW
DS Events Copy simplifies Elliott Wave Analysis markup. I am a practicing wave trader and I regularly mark out Elliott waves, horizontal and vertical lines, Fibonacci levels, etc. when working with charts and quotes. If you are a wave trader yourself, you should know how difficult it is to mark out the waves on a single currency pair opened on different timeframes. Of course, you can mark out the waves on a single chart switching between the timeframes, but it is too inconvenient. The wave anal
Description Impulse Grand Global is an indicator impulse trading system based on Moving Average and MACD Classic Global. The idea of the impulse system based on Moving Average and MACD Histogram was first offered by Dr. Alexander Elder in his book "Come Into My Trading Room". The system allows users to choose the calculation method (Moving Average and MACD Classic Global) based on a single, double or triple moving average with identification of primary signal of probable reverse of the previo
EA OBED 3 uses system "Super Trap Open Daily Break" with all its capabilities and the complete range of features inside. Supports all sorts of types of trading: day trading scalper averaging martingale 30 level hedging trend double op single op multi-op etc. It has various adjustable parameters. You can explore this EA OBED3 with any trade strategy.
Description Impulse System Global is an indicator impulse trading system based on Moving Average and MACD Histo Global. The idea of the impulse system which is based on Moving Average and MACD Histogram was first offered by Dr. Alexander Elder in his book "Come Into My Trading Room". The system allows users to choose the calculation method (Moving Average and MACD Histo Global) based on a single, double or triple moving average with identification of primary signal of probable reverse of the
Indicator Description If you need to know future volatility for trading, this indicator is what you need! With the Predictor of the ATR you trading system will be more perfect. This indicator predicts future volatility, and does it quite well. Prediction accuracy is up to 95% at a distance of up to 5 bars into the future (on the period H1). The average forecast accuracy is about 85%, the number of predicted bars is limited by your imagination only. There are five methods used for prediction. T
The Currency Meter indicator measures relative strength between major currencies and makes instrument selection easier. Find strong and weak currencies at a glanceCompare one currency against another easilyIs a currency strengthening? Look for a longsIs a currency weakening? Look for shortsIt implements a multi-timeframe dashboardTrading strong currencies against weak currencies is always the safest play. The basic idea is to attack weak currencies using strong ones as counter currencies and v
Overview This is the Standard version in the Pivot Point Plotter Series. It is a robust indicator that dynamically calculates and plots STANDARD daily pivot points on your chart irrespective of intra day timeframe, on which the indicator is placed.Kindly note that it is a DAILY Pivot Point Plotter for DAY TRADERS who trade on intra day timeframes (i.e., M1, M5, M15, M30, H1 and H4) on MT4 platform. This indicator is an absolute day trader companion. Features Dynamically calculates and plots
CorExTi es una herramienta que te ahorrará horas literalmente en tu rutina diaria al trazar líneas y otros elementos gráficos en tu plataforma: Con un panel temporal que aparece discretamente sobre tu pantalla al tocar un elemento gráfico como línea de tendencia: Cambia el objeto entre 4 estilos favoritos de línea (con color, grueso de línea y estilo de la misma)Corta las líneas de tendencia extendidas justo en el punto donde las tocasExtiende líneas de tendencia (activa propiedad de Rayo) la
Magneto RZ defines price reversion zones. The built-in algorithm allows it to efficiently find levels acting as price magnets. The percentage of used levels is high enough – about 90% or more depending on the analyzed pair and market conditions. What Is Magneto RZ? The chart is limited by red (top) and blue (bottom) zones reminding traders of a traded pair's overbought or oversold state. Thus, when the price approaches the red zone, selling is the most appropriate action, while buy positions a
Red Pill indicator is a revolutionary tool that makes you see the 'Matrix' of the Forex market. It measures the Interbank market trading volume on a tick basis. Using this indicator traders can easily distinguish the surges made by the big institutional traders (generating the main direction) from the market noise (false attempts made by small retail traders). With this indicator you will always trade with the 'big dogs' and not against them.
Best currency pair: EURUSD. The input parameters are optimized for EURUSD H1. Working at: ECN / STP / DMA and Market Maker, 4 and 5 digits brokerage. Parameters Lots - lots sizeRiskMM - risk managmentRiskPercent - risk percentageMinLot - minimum lot allowed by the Expert Advisor MaxLot - maximum lot allowed by the Expert Advisor Order ManagementBrokerECN - Broker ECNmaxtrades - maximum trades allowed by the tradersStopLoss - Stop LossTakeProfit - Take ProfitBreakEvent breakevengain - gain
Pair's MACD is an auxiliary indicator that can be used in conjecture with Pair's Spread, Pair's RSI and Pair's Momentum Indicators for optimizing the timing of opening or closing a position in a Pair's trading strategy. Pair's MACD is an ordinary MACD indicator with the only difference being the way its price is derived. While a simple MACD indicator uses the closing prices of only one instrument, Pair's MACD uses the Pair's Spread closing prices (see equation 2). Let's assume that we ha
Pair's Momentum is an auxiliary indicator that can be used in conjecture with Pair's Spread, Pair's MACD and Pair's RSI Indicators for optimizing the timing of opening or closing a position in a Pair's trading strategy. Pair's Momentum is an ordinary Momentum indicator with the only difference being the way its price is derived. While a simple Momentum indicator uses the closing prices of only one instrument, Pair's Momentum uses the Pair's Spread closing price. (see equation 2.) Lets ass
Description Impulse Pro Global is an indicator's impulse trading system based on Moving Average and MACD Line Global. The idea of the impulse system based on Moving Average and MACD Histogram was first offered by Dr. Alexander Elder in his book "Come Into My Trading Room". The system allows users to choose the calculation method (Moving Average and MACD Line Global) based on a single, double or triple moving average with identification of primary signal of probable reverse of the previous ten
FX Gold MA compares the current price with the price of each bar from the entire history you have specified. Then it assigns weight to each obtained value: from the smaller one of the older bars to the greater one of the latest bars. Then it draws a line using arithmetic mean. The indicator can also build the channel I recommend that you use the channel on H1 or larger timeframes; it is better not to trade towards the channel during the trade sessions; pay attention to MA overall directi
Operation Principle The Expert Advisor looks for a strong movement on every bar and places two pending orders at a predetermined distance in points. A position is closed based on the total profit or loss in the account currency or in points. No indicators are used. It uses the method of averaging, in which the last open position in the direction of price movement always has the largest volume. It uses filters - time, Moving Average and revers of placed orders. Main Features The Expert
Pair’s Spread Indicator facilitates and makes easier the execution of a very popular speculative investment strategy used in Wall Street called pairs trading. In applying a pairs trading strategy we are not interested in the price of each individual component but in the price difference between them. Pair’s Spread provides exactly this price difference or spread, making your trading decisions much easier. (see input parameters section for more details) Moreover Pair’s Spread Indicator has a
Asesor Asistente para la apertura y el mantenimiento de las órdenes abiertas antes de cerrar . Lógica Advisor : Independientemente de determinar el punto de entrada en uno o varios instrumentos en sus tácticas de negociación. Magia pedir órdenes de identificación. Si es necesario , cambie el comentario . En el parámetro Simbols piden las herramientas necesarias que indican venta ( signo menos) o comprar (signo ) y el tamaño de los pedidos . Palanca de arranque en verdad. Tras el descubrimi
Dark Knight Expert Advisor (EA) is a trend-following trading system which is designed to meet Take Profit> StopLoss principle and have a clear profitability in 99% backtests. The EA has a unique two-level trend filter that can reduce to minimum the opened position(s) in the wrong direction. With this efficient tool Dark Knight EA easily hit well over 50% of profitable trades. Because of the relative higher TakeProfit (TP) level and the built-in spread filter Dark Knight EA can be run efficientl
The Pivot Points Reversal pattern consists of three bars and is usually formed after the fast trend. In the bearish pattern, the price goes up and reaches a new maximum. The next bar whose high is lower than that of the previous bar closes below its minimum. In the bullish pattern, the price goes down and reaches a new minimum. The next bar whose low is higher than that of the previous bar closes above its maximum. This indicator monitors the chart for the Pivot Points Reversal patterns, mark
Flexible, affordable and predictable Expert Advisor based on a great strategy - for both beginners and experienced traders. It is not too complex, yet not primitive. The strategy is based on the advantageous joint operation of 5 divergence indicators (MACD, ADX, BBands, StdDev and OBV) that are used to reconfirm each-other’s signal on the same bar, i.e. the signal for opening is triggered by two (2) or more concurrent divergences (in some instances, in combination with an additional reversal i
This indicator looks for the Price Action OutSideVerticalBars (Outside bar) patterns and sets a signal pointer on the base bar and a pending order level on the signal bar. It also generates a signal about the detected pattern. BUOVB - Bullish Outside Vertical Bar. The signal bar completely covers the previous one, its Close price is above the High of the previous bar. Enter a trade at the breakthrough of the High of the signal bar + filter (5-10 points). BEOVB - Bearish Outside Vertical Bar.
This is a script that can close all Buy and Sell Orders by a selected symbol. When orders cannot be closed, a sound alert is played. In this case, you can run the script again. If you don't have any open orders or you don't have orders for selected symbols or the orders were closed successfully, the alert "No orders to close. Selected orders closed successfully" appears. Also, blue objects are displayed on the chart near the close price. Input Parameters: EURUSD - YES/NO. Yes = close EURUS
The indicator searches for Rails PriceAction pattern. The pattern consists of two adjacent oppositely directed bars. Open and Close prices of the two adjacent bars included in the pattern should be located close to each other. It is desirable that the candlestick shadows are small enough. For the bearish pattern (the pattern's right candle is a bearish one), SellStop pending order is placed slightly below the pattern's Low. The initial stop is placed slightly above the pattern's High. For the
This indicator watches for the Price Action Inside Bar pattern, marks the current signal bar, displays levels for pending orders based on the prices of the mother bar and alerts you when the pattern is identified. An inside bar is a bar that is completely contained within the range of the preceding bar. In other words, it is a bar whose high is lower than that of the preceding bar and whose low is higher than the preceding bar's low. The bar preceding the inside bar is known as the "mother bar
La mejor forma de monitorear multiples pares en poco espacio de trabajo, Rotagrafico muestra secuencialmente hasta 6 pares distintos Cuenta con botones para fijar un tiempo mayor un par en observación Tiempo de exposición normal ajustable Tiempo de exposición amplio ajustable Combine en 1 profile a Rotagrafico y el resto de su espacio utilícelo en el gráfico del par que desea observar a detalle.
An indicator with a wide range of customizable parameters used for determining the current trend with the resistance and support levels depending on the current trend direction. After the current bar is closed values are not redrawn. The indicator can be used on any timeframe - simply choose appropriate settings before using it. Be especially careful when the price approaches the indicator levels it has moved far from it or when an arrow appears (indicating trend change) very far from the price,
The indicator finds pin-bars on a chart and marks them. Also it sets a signal pointer at the opening price of the candlestick following the found pin-bar. It has four parameters to filter candlesticks: MinCandleSizePT - the minimum size of the candlestick in points from High to Low, below which candlesticks are skipped. This parameter is specified like for the four-digit prices. MaxCandleBodySize - the maximum size of the candlestick body relative to its shadows. Set from 0 to 1. If the
The indicator watches for the Closing Price Reversal pattern. It is a strong reversal pattern, especially if formed after a fast movement. The signal bar opens with a gap from the previous bar's close, whereby the open price is next to the bar's high. The bar closes below the previous bar's close, whereby the close price is next to the bar's low (for the bearish setup). The same is mirrored for the bullish setup. The indicator marks the signal bar above/below and draws a level for setting a
This Expert Advisor uses patterns (adapted for MetaTrader 4). You can set patterns up to 5 candles and select parameters for the trading robot's operation. Since the patterns reflect trader's psychology, that facilitates more precise market entry and decreased drawdown improving the profits and reducing the risks. In addition, there are functions of position tracking that increase the system's profitability. These are stop loss, take profit and trail. Also, the trading robot can calculate the d
Este indicador dibuja el gráfico de los precios del oro y la plata en un gráfico. En el gráfico se representa la correlación, así como los valores máximos y mínimos. Parámetros de entrada: pair1 - primera pareja (XAUUSD). pair2 - segunda pareja (XAGUSD). Offset - distancia entre pair1 y pair2 (puede adoptar valores negativos). mirror - mostrar las parejas en espejo.
The indicator creates 2 dot lines representing an upper and lower bands and the main indicator aqua line as the price power. If the main line is swimming inside the bands, then you should wait and watch before entering the market. When the main line jumps out or in the bands, then you should make a long or a short position.
The EA is based on the PriceRiver indicator and has the same main input parameters: indPeriod, maMethod, appPrice, avgPeriod, avgMethod If UseMM (input parameter) = true, then Money Management system is switched on with PercentMM (input parameter) as a percent from Account Free Margin. The EA closes an open position when the profit exceeds the value of Profit input parameter.
El asesor está diseñado para la modificación de órdenes StopLoss. Se ubica en cualquier ventana de cualquier instrumento, ve todas las posiciones abiertas y trabaja con cada una de ellas. En caso necesario, la información sobre el funcionamiento del asesor se muestra en un ángulo de la pantalla. P.S. Lo uso hace mucho y acabo de encontrar tiempo para sacarlo al mercado. Asimismo, el asesor está disponible en Code Base MQL4 a través del enlace https://www.mql5.com/ru/code/8674. Ajustes
The indicator draws lines that can serve as support/resistance levels. The main and additional levels are displayed as lines, with the color and style defined by the user. Additional levels are only displayed for currency pairs without JPY. Please see the AUDUSD chart below. Yellow ovals indicate some characteristic points where price reaches one of the levels. Simply watch the indicator work on history and in real time mode. External parameters: Levels Step Size, points - step between a
About EA This is a mathematical EA that can survive in all market scenarios such as trending/ranging/sudden jump/low volatility. It is very sensitive to some important values, such as broker leverage, initial capital, spread, commissions, etc. Please refer to "Account and Optimal Setup" section. Otherwise, you will have losing trades instead of profitable ones. The recommended pair is GBPUSD. However, it is also suitable to the pairs with big average daily range, such as GBPAUD, GBPCAD, etc
Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary p
Moving Average - multiple timeframes Indicator used - Moving Average Traditional multiple timeframe indicator always has an issue of REPAINTING when a trader wants to establish his/her strategy using Multi-Time-Frame (MTF). Generally, you should know how the MTF indicator re-paints. But I will explain with the following example: Suppose that you are using traditional MTF Moving Average (H4) in (H1) chart. At 15:20, the Moving Average (H4) dropped from 1.30590 to 1.30550 in EURUSD. Now w
One of the oldest maxims in trading is ‘let the trend be your friend’. You must have come across it! This is easier said than done! First, you have to identify one, then you have to stay in – not easy. Staying in a trend to maximise your profits is extremely difficult. In addition, how do you know when a trend has started? It’s very easy to look back and identify the trend. Not so easy at the live edge of the market. The Quantum Trends indicator is the ‘sister’ indicator to the Quantum Trend M
Many Forex traders assume there is no volume in the foreign exchange market. And they would be correct. There is no central exchange, not yet anyway. And even if there were, what would it report? What there is however is activity, and this is captured as tick volume. After all, volume is simply displaying activity, the buyers and sellers in the market. So for volume read activity, and for activity read volume – simple. The MT4 platform delivers tick data which the Quantum Tick Volumes indicator
If you've been trading for any time, you will almost certainly have come across the concept of support and resistance. This powerful and simple concept lies at the heart of technical analysis. It forms the cornerstone of price action trading. Strange to consider therefore, that such a key component of the traders chart has largely been ignored. Most Forex traders still draw their lines manually, leading to a crude interpretation of these key levels. Even those companies who have developed a tra
For aspiring price action traders, reading a candle chart at speed can be learnt, but is a skill which takes years to perfect. For lesser mortals, help is required, and this is where the Quantum Dynamic Price Pivots indicator steps in to help. As a leading indicator based purely on price action, the indicator delivers simple clear signals in abundance, highlighting potential reversals with clinical efficiency. Just like volume and price, pivots are another ‘predictive’ indicator, and a leading
Have you ever wondered why so many Forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite direction. This happens in all timeframes, and in all currency pairs. The candle or bar closes, with a wide spread, but then reverses shar
Script to calculate equity or balance at a specific date and time. This script makes up for a lack of MetaTrader account history, that does not show how the balance and equity changes in time. Balance calculation includes closed orders only. Equity calculation includes orders closed before and orders that are still open at the specified time. Example: date and time set to 04/01/2014 00:00. If I had a Buy 1 lot EURUSD position opened at price 1.37470, the program would calculate the PL that
Many Forex traders have either been told, or have learnt from painful experience, that the Yen currency pairs can be both dangerous and volatile to trade. The GBP/JPY is perhaps the most infamous and volatile of all. No wonder then, that many Forex traders simply stay away from the Yen currency pairs. But then they probably don’t have a very clear idea of where the Yen itself is heading. If they did, then trading the Yen pairs would be much more straightforward. And this is where the Quantum JP