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The latest topics with attached files (Forex robots, Forex Indicators, etc..)

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Sunmoon EA

by Barry D. Fallow

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redeye ecn v5.20 fiix

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hedging and trailing master

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budak ubat

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I lost most of my account with this one. Many traders had that same experience with a sell-sell trade big floating loss. I had to close it manually.

EAs are programs that are intended to robotize the trading procedure by recognizing where to enter trades, what number of parts to purchase/pitch, where to put stops/targets and how it will trail any position to augment potential benefit. They by and large refresh each time another tick arrives. Indicators enable you to make varieties of existing indicators or totally new ones in view of whatever arrangement of principles you wish and to show them on the diagrams or underneath in the information windows. Indicators cover such things as moving midpoints, histograms, plotting content above/underneath bars and changing bar hues in light of the coded rules. I'm trading with Jmfinancial.Eu, an ECN broker. It supports any kind of EA to its platform. The platform also executes trade instantly without reqouting.

33

(1 replies, posted in Upload & Download Forex Indicators)

We have analyzed the EURCAD market with trend line, Fibonacci and moving average and through the combination of those indicators we are looking that market is strongly having the opportunity of buying. So the buyers should take an entry at 1.4801 and the closing point will be at 1.5041.

https://charts.mql5.com/16/296/eurcad-d1-instaforex-group.png

34

(2 replies, posted in ► FOREX ROBOTS - Upload & Download FREE Forex Robots)

You can’t predict the future.
The list of unforeseen market moving catalysts is infinite and when they happen, they can rock the markets and your forex trading system.
Understand that this is part of trading and the best you can do is be prepared to limit your losses if they occur.
Be ready to have your world rocked. And we don’t mean that in the way you think it means.
Data doesn’t move the market. Humans do.
I Wish You Happy Trading

To Me Technical Indicators dont work :

Technical indicators don’t work as most traders use them: as a trigger signal.

From moving averages crossovers to RSI or stochastics, all of them were created to represent  “certain” market condition on the last n-periods, and not as a buy or sell signal.

The truth about technical indicators according to stockcharts:

They are nothing more than a “series of data points derived by applying a formula to the price data of a security” 
(or any other instrument such as currency pairs).

On other words, in order to get the indicator reading, a mathematical formula needs to be applied to the last N periods.

Right, we are talking about how the market behaved on the last N periods, not how the market will behave in the next N periods.

My Conclusion:

On both cases (and all indicator cases), the indicator is pointing up (or down) because price went up (or down) not the other way around. On other words, the indicator doesn’t make the market go up or down, it’s the market that makes the indicator point up (or down).


I Wish You Happy Trading

36

(11 replies, posted in Major Currency Pairs.)

Well, i have lots of favorite indicators. To be specific, those that belong to the Volatility Indicators section, like Moving average and Bollinger bands. These indicators help me to measure the overall price changes or fluctuations over a certain time.

Holy Grail Does Not Exist

You can’t predict the future.

The list of unforeseen market moving catalysts is infinite and when they happen, they can rock the markets and your forex trading system.

Understand that this is part of trading and the best you can do is be prepared to limit your losses if they occur.

Be ready to have your world rocked. And we don’t mean that in the way you think it means.

Data doesn’t move the market. Humans do.

I Wish You Happy Trading

38

(1 replies, posted in Forex Signal)

We have analyzed strongly in the pair of EURCAD. From thisanalysis we have to know that market is currently at the downtrend and creating an environment to the buyers. According to Moving Average and trend line it is blatant. So the buy entry point is at 1.4673 and the exit point will be at 1.5041.

https://charts.mql5.com/16/219/eurcad-d1-instaforex-group.png

,ASSAR EA v11,

Question!

Is that an 80 PIP stop loss, or an 800 PIP stop loss and take profit?  Eighty or Eight Hundred, which one?

It is also my understanding the olders ASSAR versions used a 200 period simple moving average, and a 14 period RSI with levels of 80 & 20. Is this the case with the newest version, or have you done away with those options? Thank you in advance, Misty.

40

(0 replies, posted in GOLD Trading)

According to the Stockistic and Moving average indicator itis blatant that market shall come down soon. If the signal go right then the entry point will be at 1.2995 and the exit point will be at 1.2622 and hopefully it will carry a better profit to the retail traders.  


https://charts.mql5.com/16/196/gbpchf-d1-instaforex-group.png

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