Steven Theobald / Publications
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Only 10% of FX trading done via EAs, but a huge shift is underway.
Most equities trading systems employed today are algorithmic. Today, in 2018, the percentage is probably well over 90%. Source: https://en.wikipedia.org/wiki/Algorithmic_trading But here is an eye opening statistic. Unlike equities, only 10% of FX trades are currently made by EA's . See FX Traders
How To Set Stops
Setting the best stop always has been and always will be the bane of traders. We have all experienced the anger and crazy-making that goes along with setting a stop far from the current price only to be stopped out by ONE pip and then having the price quickly completely reverse and go on to reach
FX Correlations
Watching for "market moves" where many instruments move in unison is a great way to stay on the right side of the market. Equities and Oil and EUR/USD often move together and when they are all going up, you should not be shorting the market. Similarly, two FX pairs can be correlated positively or
My Favorite FREE Indicators
GOOD DAY. All traders have gone through dozens if not hundreds of indicators trying to find a few that seem to best fit their trading style or actually help their EA programming. I have been manually trading for 7 years now and wanted to share a few FREE indicators that I found that have actually
Lowest Slippage Broker Combinations for Signal Providers & Signal Followers
What is the best combination of brokerages to eliminate the most slippage in a provider/follower relationship? I am a signal provider using Trader's Way. But some of my followers have very large slippage. I often suggest to subscribers to choose one of the low-slippage brokers on the "Slippage"
MANUAL TRADING. The search for the Holy Grail.
MANUAL TRADING . The search for the Holy Grail. I have looked high and low in the forum, but found only fragments of discussions on things that might end up here. There are lots of present (and future) MQL5 members who have never really touched a line of MT4/MT5 code who love to trade - like me. And
How to identify and trade in a RANGE
Many traders are great at trend trading and then get destroyed when price consolidates in a range. This is probably the main reason 95% of traders lose money. After 7 years of getting chopped up in ranges myself I have a solution that is working for me as a discretionary trader, but the same