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I am a Forex and Stocks Trader as well as an Indicator and EA Developer.
Most forex people search online for "How to make 10 pips or 100 pips profit per day?" They never search for "How to make only 10 pips loss per day?" Why?!
Because they only focus on profit & profit. They always forget that "Loss" is the "Boss". I mean, "loss is an inseparable part of trading".
It doesn't matter if they are a beginner or veteran in trading. They can't avoid "loss" from trading.
THEN, What should they do?
THE Answer is... they should learn to manage their losses well! Money & Risk Management is the key. If they make their losses narrower, eventually they will become profitable.
Same stuff applies to the Algo/Automated Trading. You can not leave an expert advisor on its own, you have to manage it well too!
M ulti Cross Alert! on your smartphone. Use multiple indicators to get a crossover signal on chart as well as on MetaTrader app. You can use all crossovers at the same time but it is not recommended cause your chart will look messy. Instead use combination of two indicators which will be better. IMP NOTE:- More indicators will be added in future updates. Any suggestions regarding indicators are welcome! Indicators List: 1. MA (Cross) 2. RSI (OB/OS) 3. MACD Lines (Main Line & Signal
M ulti Cross Alert! on your smartphone. Use multiple indicators to get a crossover signal on chart as well as on MetaTrader app. You can use all crossovers at the same time but it is not recommended cause your chart will look messy. Instead use combination of two indicators which will be better. IMP NOTE:- More indicators will be added in future updates. Any suggestions regarding indicators are welcome! Indicators List: 1. MA (Cross) 2. RSI (OB/OS) 3. MACD Lines (Main Line & Signal
This is an ON CHART trade management panel. In other words, ON CHART Lot Size, Buy, Sell, Stop Loss, Take Profit, Close Buy, Close Sell and Close All buttons! *IMPORTANT NOTE: Input settings are NOT usable. You can change or insert Stop Loss and Take Profit values only on the chart panel. (See the below video!) This one is MT4 version! BUTTONS List: 1. Lot Size - (0.01) is default click on it and insert the lot size with which you want to open a trade. 2. Stop Loss - (0.0) is default click on it
T his is an ON CHART trade management panel. In other words, ON CHART Lot Size, Buy, Sell, Stop Loss, Take Profit, Close Buy, Close Sell and Close All buttons! *IMPORTANT NOTE: Input settings are NOT usable. You can change or insert Stop Loss and Take Profit values only on the chart panel. (See the below video!) This one is MT5 version! BUTTONS List: 1. Lot Size - (0.01) is default click on it and insert the lot size with which you want to open a trade. 2. Stop Loss - (0.0) is default click on
S imple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT5 version please go here! *If you need a fully automated trading system. Please check this EA here! FEATURES: Very simple directional
S imple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT4 version please go here! *If you need fully automated trading system. Please check this EA here! FEATURES: Very simple
Easy to use EA designed to auto trade. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. *For MT5 version please go here! *If you don't like automated system and only need an alert system to help you in trading. Please check this arrow with alert system here! FEATURES: Dangerous methods like martingale, hedge, grid or scalping are NOT used. Each position has Stop Loss and Take Profit
Easy to use EA designed to auto trade. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. *For MT4 version please go here! *If you don't like automated system and only need an alert system to help you in trading. Please check this arrow with alert system here! FEATURES: Dangerous methods like martingale, hedge, grid or scalping are NOT used. Each position has Stop Loss and Take Profit