Hello traders, Today I spotted 2 trading setups and l placed 4 positions in total. My first trade was a long setup on NZDUSD M30. It was a wellfromed Demand Zone. My first TP was at 1:1 for both of my targets. Finally both of them were reached. My second trade was a short setup on EURAUD M30...
Brief Summary: The nonfarm payrolls figure released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business, within the States...
Weekly Technical and Fundamental Analysis of Gold - February 3rd: Last week, the global gold ounce gathered momentum and managed to reach its highest level since early January 2024, around $2065...
True Elegance: APAMI takes a complex concept of 'trend' and makes it simple for users to define what it means for themselves...
EUR/USD: Dollar Strengthening Prospects Increase ● Throughout January, a series of indicators: GDP, employment, and retail sales, consistently highlighted the strength of the US economy...
Devils Game and Risk Management Grab a coffee or tea and enjoy this read ☕️. If trading and thinking about games and strategies is something you like, you will love this! A few weeks ago I found an interesting game idea, more or less relevant to trading and risk management in general...
Analyzing How BRICS Economic Data Releases Can Impact Currency Pairs: A Forex Trader's Guide Introduction: The BRICS nations - Brazil, Russia, India, China, and South Africa - represent a potent economic force, boasting significant contributions to global GDP and trade...
The Turkey Bird Illusion: Why You Might Be Seeing False Signals in Forex Forex charts can be deceptively mesmerizing. Price patterns emerge, morph, and disappear, whispering promises of lucrative trades. But beware, for lurking within these squiggles can be the insidious Turkey Bird Illusion...
Hey there, I'm Pier Den. I am a software developer with over 5 years of experience in the world of algorithmic trading. I have started developing trading bots with FreqTrade, and now I am specialized at Expert Advisors development using MT5...
Dear MQL5 Community, Zenith Zone EA Inputs and Backtest Tutorial: https://www.mql5.com/en/blogs/post/755971/ I am thrilled to present my latest creation, the Zenith Zone Bot - a recently developed multi-currency expert advisor that embodies a revolutionary trading strategy...
⭐️⭐️⭐️ Input description and back-tests tutorial ⭐️⭐️⭐️ **Live Trading Signal** Contact me directly or Click Here Backtest setting: If you want to backtest use the following setting, TimeFrame = H1, Symbol = GBPAUD Inputs of the EA: Symbols 1...
GENERAL SETTINGS Lot Size The lot size/volume for the first trade. Before starting any martingale, hedge, grid or compounding...
Loading Events from External resources need to allow EAs to access the resources. This post demonstrates simple steps to allow EAs to access these resources. 1. open Tools/Options on your terminal. 2.On the Expert Advisors tab Click and enable Allow Webrequest option and add https://nfs...
Introducing the Ultimate Trade Panel - Your All-in-One Expert Advisor for MQL4 Trading Are you a trader seeking to streamline your trading activities and gain a competitive edge in the market? Look no further...
Optimizing trading strategies is the best feature of MT5. It provides an intelligent parameter tuning algorithm, which - when applied the smart way - can find nice trading strategies...
A Glittering Week for Gold: Geopolitical Tensions and Economic Data Duel for Market Dominance The past week painted a captivating picture for global gold, as the precious metal navigated a tug-of-war between escalating geopolitical tensions and mixed economic data...
When fishing, you should choose the tackle to catch something significant. The same is true when you trade. You must correctly compound a financial instrument and your strategy. Otherwise, you can ruin even very good trading results. Here’s an algorithm on how to avoid this...
