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The core principle of trading is to buy commodities at a low price and sell them at a high price. In the foreign exchange market, millions of traders all over the world contest for the best opportunities of which timing, market entry and exit decision-making are the most essential skills...
Hello traders, I placed three trades today. A short setup on EURUSD H1, a long setup on GOLD M30, and a long setup on GOLD M15. On the following Live Session Video you can see all the setups that i spotted today and how i managed them...
Please register with Wildrose Forex Community. (English only) Gold Edge Pro is an EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade...
It is unlikely that one trading strategy will work effectively on all forex pairs. Forex pairs can have different characteristics and respond differently to market conditions, which means that different strategies may be more appropriate for different pairs...
Dear friend! Last time we delved into the world of EAs for gold trading, we evaluated the known contenders. However, in just two short weeks, the landscape has shifted significantly, necessitating a thorough update to ensure we're covering the current state of the race...
The MT4 Bar MACD Indicator is a popular technical analysis tool used by traders to identify trend direction, momentum, and potential trend reversals...
The Moving Average Convergence/Divergence (MACD) is a popular technical analysis tool used by traders to identify trends and potential trend reversals in financial markets...
EUR/USD: The Market Is at a Crossroads ● Everything happened as it was supposed to. The Federal Open Market Committee (FOMC) of the US Federal Reserve raised the federal funds rate by 25 basis points (bps) to 5.25% during its meeting on May 2 and 3...
We all understand perfectly well what a black hole is. Once you get there, there is no going back. This is a very rare phenomenon and event by the standards of space. Such situations are also rare in market conditions...
Trading multiple time frames indicator Automatic time frame colors for new created objects. With trading box technical analysis indicator I can define color for each time frame when new object is created. This allows me to simplify multi time frame trading strategy in mt5 or mt4...
Trading at the apex level requires dynamism and adaption to the prevalent market condition. The traditional method of using a static signal to evaluate the market has been long jettisoned due to the increased competition in the foreign exchange market...
Background Please find this blogpost about the initiative of creating this solution --- a python EA. In this blog post, I would like to share the steps of installation of the proxy python EA. Installation steps --- The library You can download and use the backtest version for free from here...
Introduction Python is a high level programing language with a nice package management giving user different libraries in the range from TA to ML/AI. Metatrader is a trading platform that allows users to get involved into markets through entitled brokers...
In this blog i'm exloring how the local memory operates with regard to a work group (of work items). We create a simple kernel that will export IDs , global id, local id, group id of a work item...
Read Part 1 Read Part 2 Run the test couple of times , we get the same execution time across many iterations that means something is wrong or we are getting cached responses. And that is the timer function , let's see if it works , it does : 2023.05 . 03 02 : 45 : 59...
The MACD (Moving Average Convergence Divergence) indicator is one of the most widely used technical analysis tools by traders worldwide...
Greetings ! Most of the systems on the MQL Market try to predict the future. The only tool we have is history. There is no future without history. But how to predict it? Everyone in MQL strives to solve this question. Most TOP systems stop working after some time. 1. Reason. Hackers...
If you are a trader who is looking to become a Professional , then you may be interested in the "Mentorship Program" . This program is designed to help traders learn advanced trading concepts combined with proper risk management...
