Learn to code a simple breakout indicator for Metatrader4, written in MQL4.
Today I am going to teach you how to code a simple indicator in MQL4 that plots a buy arrow when the high of the last bar is broken, and a sell arrow when the low of the last bar is broken. This indicator is the simplest of indicators that can be coded in Metatrader4.
Continue reading “Custom Indicators 101: How to code a simple custom indicator for Metatrader”
Learn how to make Hedging EA to start trades using the Harmonacci Indicator, using the Custom Indicator feature of the EA.
Hedging EA is a trade manager that will turn your losing trades into winners using an imbalanced hedging strategy. It was designed to manage manual trades, but the EA can also start trades automatically using custom indicators such as Harmonacci Patterns. Let’s see how to set up the EA to do so.
Continue reading “How to trade Harmonacci Patterns signals with Hedging EA”
Learn how to make Hedging EA to start trades using the Day Trading Indicator, using the Custom Indicator feature of the EA.
Hedging EA is a trade manager that will turn your losing trades into winners using an imbalanced hedging strategy. It was designed to manage manual trades, but the EA can also start trades automatically using custom indicators such as Day Trading. Let’s see how to set up the EA to do so.
Continue reading “How to trade Day Trading signals with Hedging EA”
Four different approaches to measure the price of Silver, if one considers Silver to be a currency.
Silver is widely regarded by the mainstream and financial media as a mere commodity and its true value is often unacknowledged. Silver has been dubbed “The indispensable metal” in virtue of its physical properties and conductivity.
Continue reading “Four different approaches to measure the price of Silver”
Six different approaches to measure the price of Gold, if one considers Gold to be a currency.
Gold is regarded by pundits, financial advisors and mainstream commentators as a commodity, and evaluated as such. However, in the humble opinion of Yours Truly, Gold is an asset with intrinsic value, constant marginal utility and no counterparty risk, making it money and not a commodity. And this begs the question, how should we value and trade Gold if we consider it to be a currency?
Continue reading “Six different approaches to measure the price of Gold”
Learn how to pick forex pairs to trade reversals using a multi-instrument technical valuation model.
One of the most difficult problems we traders face is choosing what symbols to trade at any given time, because not all symbols offer the same probability of price movement measured against their intrinsic volatility. As traders, our available funds and free margin are limited, which means that we need to allocate them properly if we are to thrive.
Continue reading “How to find forex pairs likely to make strong reversals”
How to filter out unprofitable or risky Harmonic Patterns.
The Harmonacci Patterns Indicator displays suitable stop-loss and take-profit levels for each pattern, and these levels can and should also be used to discard exhausted price patterns upon breakout.
Continue reading “How to filter out unprofitable Harmonacci Patterns”
User guide for PZ Stop and Reverse EA for MT4 and MT5
Stop Reverse EA is a Metatrader Expert Advisor that provides an aggressive framework for your trading activity. It provides proper risk calculations and a martingale trade recovery strategy which consists on taking alternative trades in opposite directions until the initial trade is recovered and a profit is realized.
Continue reading “User guide – Stop and Reverse EA”
User guide for Hedging EA for Metatrader (Mt4/Mt5)
Hedging EA is a Metatrader Expert Advisor that provides a correct framework for your trading activity. It provides proper risk calculations and a very smart position management strategy that will manage your trades automatically and recover your trading losses. Continue reading “User Guide – Hedging EA”
Averaging EA is a Metatrader Expert Advisor that provides a suitable framework for your trading activity and recovers trades using averaging. It provides proper risk calculations and a very smart position management strategy that will manage your trades automatically and recover your trading losses.
Continue reading “User Guide – Averaging EA”
