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39

High probability trading strategies

I will be sharing some high probability trading strategies in this thread. I have been trading since 2005 and I have also worked with forex brokers in various capacities such as Head of training, General Manager and Country Director. There is a huge difference between risk management from a broker's

5

Forex robots and why they don't work (unpopular opinion)

I have been trading the forex and CFD's market for over 18 years and like many traders I have lived in hopes of having fun at the Caribbean while my trading robot does all my trading for me. The bitter truth is that the majority of the robots (EA's) created for 100% automated trading will most

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Why many retail traders loss in 90 trading days

It is very sad that majority of the people that get involved in the forex business end up losing their money but I will explain the major reasons why this happens below: 1. Leverage and Margin - Trading on margin seems like a fast way to make quick profit however, this gives birth to greed as a

9

Candle Wick Length code for EA

HI, I have been trying to put together my first self made EA I ahve been able to solve the 1st issue with stochastic now its the candle wick length. I want to instruct the EA to only take trades when the upper wick is greater than or equal to 20pips for a sell and the lower wick is greater than or

9

Stochastic cross form over bought or oversold regions

I have been learning the MQL4 and so far I have made some progress however, I have this challenge I encountered while trying to code the below: "Generally, the area above 80 indicates an overbought region, while the area below 20 is considered an oversold region. A sell signal is given when the

3

Can someone please help add breakeven to my EA

Hi, ‌‌I am at the very kindergarten stage of coding and I stumbled on this website http://fxeabuilder.com/ea-builder/ I am able to create a few good EA's with their help. ‌ M‌y major challenge is how to add Breakeven to this particular EA based on CCI. ‌ I‌f price moves 20 pips, EA should bring

1

How to automate forex strategies (no coding skills needed)

I stumbled on this website that helps code simple EAs. It is free and I hope mql5 permits https://youtu.be/qOoEVoVSHf4

0

The Rule number six on VPS termination needs explanation

PLease I need clarification on rule number 6 below: VIII. Termination of Service without Prior Notice in Case of Serious Violations of Terms of Use MQL5 Ltd reserves the right to permanently terminate the service without prior notice, resulting in immediate and permanent account block in case your

2

Technical or fundamental analysis which is better? - My Opinion

The January 15th CHF surprise got me thinking. I was partly caught in that CHF web. I am a die hard technical analyst but just before the surprise, some of my colleagues advised I should have a position just in case of a surprise SNB intervention. The surprise eventually came but not what majority

17

Real time GBPUSD trading on H4

This is for GBPUSD contributions are very welcome Last entry was yesterday 27/01/2014 This is a hiidden divergence signal and it is still valid until another signal happens