Winning FOREX Solutions 3.2
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FOREX 4 DUMMIES
by MrM on Fri May 23, 2008 4:52 am
Forex for Dummies
Forex Basics
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
* Forex Fundamental Analysis
* Forex Technical Analysis
* Money Management
* Forex Trading Psychology
* Forex Brokerage
Understanding and mastering these sides of trading are crucial to organize your Forex trading experience.
Forex Fundamental Analysis
Fundamental analysis is the process of market analysis which is done regarding only "real" events and macroeconomic data which is related to the traded currencies. Fundamental analysis is used not only in Forex but can be a part of any financial planning or forecasting. Concepts that are part of Forex fundamental analysis: overnight interest rates, central banks meetings and decisions, any macroeconomic news, global industrial, economical, political and weather news. Fundamental analysis is the most natural way of making Forex market forecasts. In theory, it alone should work perfectly, but in practice it is often used in pair with technical analysis. Recommended e-books on Forex fundamental analysis:
* Reminiscences of a Stock Operator
* What Moves the Currency Market?
Forex Technical Analysis
Technical analysis is the process of market analysis that relies only on market data numbers - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea behind Forex technical analysis is the postulate of functional dependence of the future market technical data on the past market technical data. As well as with fundamental analysis, technical analysis is believed to be self-sufficient and you can use only it to successfully trade Forex. In practice, both analysis methods are used. Recommended e-books on Forex fundamental analysis are:
* The Law Of Charts
* Candlesticks For Support And Resistance
* Trend Determination
Money Management in Forex
Even if you master every possible method of market analysis and will make very accurate predictions for future Forex market behavior, you won't make any money without a proper money management strategy. Money management in Forex (as well as in other financial markets) is a complex set of rules which you develop to fit your own trading style and amount of money you have for trading. Money management play very important role in getting profits out of Forex; do not underestimate it. To get more information on money management you can read these books:
* Risk Control and Money Management
* Money Management (A chapter from The Mathematics of Gambling)
Forex Trading Psychology
While learning a lot about market analysis and money management is an obvious and necessary step to be a successful Forex traders, you also need to master your emotions to keep your trading performance under strict control of mind and intuition. Controlling your emotions in Forex trading is often a balancing between greed and cautiousness. Almost any known psychology practices and techniques can work for Forex traders to help them keep to their trading strategies rather to their spontaneous emotions. Problems you'll have to deal while being a professional Forex trader:
* Your greed
* Overtrading
* Lack of discipline
* Lack of confidence
* Blind following others' forecasts
These are very professional books on psychology written specially for financial traders:
* Calming The Mind So That Body Can Perform
* Emotion Free Trading
* The Miracle of Discipline
Forex Brokerage
Every Forex trader like any other professional needs tools to trade. One of these tools, which is vital to be in market, is a Forex broker and specifically for Internet - on-line Forex broker - a company which will provide real-time market information to trader and bring his orders to Forex market. While choosing a right Forex broker things to look for are the following:
* Being a professional company you can trust
* Provide you with real-time quotes
* Execute your orders fast and accurately
* Don't take a lot of commissions
* Support the withdraw/deposit methods you use
For beginning Forex traders I recommend these three broker companies, which are probably best Forex brokers to start with:
* LiteForex - broker that supports MetaTrader 4 Forex trading platform and doesn't require a lot of money to start with.
* FXcast - good because you can start trading Forex with as little as 1$.
They have easy-to-use trading platform (FXcast Swing) along with a Metatrader 4 platform, while you can deposit and withdraw money via e-gold, WebMoney and many other ways.
* FXOpen - one of the most popular MetaTrader 4 brokers, allows Islamic Forex trading accounts, while you can deposit and withdraw money via e-gold.
Forex Basics
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
* Forex Fundamental Analysis
* Forex Technical Analysis
* Money Management
* Forex Trading Psychology
* Forex Brokerage
Understanding and mastering these sides of trading are crucial to organize your Forex trading experience.
Forex Fundamental Analysis
Fundamental analysis is the process of market analysis which is done regarding only "real" events and macroeconomic data which is related to the traded currencies. Fundamental analysis is used not only in Forex but can be a part of any financial planning or forecasting. Concepts that are part of Forex fundamental analysis: overnight interest rates, central banks meetings and decisions, any macroeconomic news, global industrial, economical, political and weather news. Fundamental analysis is the most natural way of making Forex market forecasts. In theory, it alone should work perfectly, but in practice it is often used in pair with technical analysis. Recommended e-books on Forex fundamental analysis:
* Reminiscences of a Stock Operator
* What Moves the Currency Market?
Forex Technical Analysis
Technical analysis is the process of market analysis that relies only on market data numbers - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea behind Forex technical analysis is the postulate of functional dependence of the future market technical data on the past market technical data. As well as with fundamental analysis, technical analysis is believed to be self-sufficient and you can use only it to successfully trade Forex. In practice, both analysis methods are used. Recommended e-books on Forex fundamental analysis are:
* The Law Of Charts
* Candlesticks For Support And Resistance
* Trend Determination
Money Management in Forex
Even if you master every possible method of market analysis and will make very accurate predictions for future Forex market behavior, you won't make any money without a proper money management strategy. Money management in Forex (as well as in other financial markets) is a complex set of rules which you develop to fit your own trading style and amount of money you have for trading. Money management play very important role in getting profits out of Forex; do not underestimate it. To get more information on money management you can read these books:
* Risk Control and Money Management
* Money Management (A chapter from The Mathematics of Gambling)
Forex Trading Psychology
While learning a lot about market analysis and money management is an obvious and necessary step to be a successful Forex traders, you also need to master your emotions to keep your trading performance under strict control of mind and intuition. Controlling your emotions in Forex trading is often a balancing between greed and cautiousness. Almost any known psychology practices and techniques can work for Forex traders to help them keep to their trading strategies rather to their spontaneous emotions. Problems you'll have to deal while being a professional Forex trader:
* Your greed
* Overtrading
* Lack of discipline
* Lack of confidence
* Blind following others' forecasts
These are very professional books on psychology written specially for financial traders:
* Calming The Mind So That Body Can Perform
* Emotion Free Trading
* The Miracle of Discipline
Forex Brokerage
Every Forex trader like any other professional needs tools to trade. One of these tools, which is vital to be in market, is a Forex broker and specifically for Internet - on-line Forex broker - a company which will provide real-time market information to trader and bring his orders to Forex market. While choosing a right Forex broker things to look for are the following:
* Being a professional company you can trust
* Provide you with real-time quotes
* Execute your orders fast and accurately
* Don't take a lot of commissions
* Support the withdraw/deposit methods you use
For beginning Forex traders I recommend these three broker companies, which are probably best Forex brokers to start with:
* LiteForex - broker that supports MetaTrader 4 Forex trading platform and doesn't require a lot of money to start with.
* FXcast - good because you can start trading Forex with as little as 1$.
They have easy-to-use trading platform (FXcast Swing) along with a Metatrader 4 platform, while you can deposit and withdraw money via e-gold, WebMoney and many other ways.
* FXOpen - one of the most popular MetaTrader 4 brokers, allows Islamic Forex trading accounts, while you can deposit and withdraw money via e-gold.
- MrM
- Posts: 174
- Joined: Mon Apr 28, 2008 5:00 pm
- Location: KUL
FOREX FAQ
by MrM on Fri May 23, 2008 5:00 am
Forex FAQ
What is FOREX?
You can read the detailed answer in the separate section of the site — "What is Forex?".
How can I start trading Forex?
You'll need to register a trading account with a Forex broker, such as Marketiva. Then you can begin using their Forex client program to buy and sell currencies. This will take less than 5 minutes of your time!
Who owns Forex and where is it located?
It's not owned by anyone in particular. Forex is an Interbank market, meaning that it's transactions are conducted only between two participants - seller and the buyer. So as long as existing banking system will exist, Forex will be here. It's not connected to any specific country or government organization.
What the working hours of Forex market?
Forex market is open from 22:00 GMT Sunday (opening of Australia trading session) till 22:00 GMT Friday (closing of USA trading session).
What is margin?
Margin is money you need to have in your broker account to secure your open position. Different brokers require different amount of margin money to keep your positions open.
What are the "long" and "short" positions?
Long position is a "buy" position, meaning that this position will be in profit if price goes up.
Short position is a "sell" position, meaning that this position will be in profit if price goes down.
What is the best Forex trading strategy?
There is none. You should constantly develop your own strategies for every possible market situation, if you want to be in profit. Specific strategies can only be good for a certain period of time and for certain currency pairs.
How much money I need to start trading Forex?
With Marketiva you can start trading Forex with as little as $1. Usually, the minimum amount varies from $100 to $10,000 ($100,000 and more for Interbank trading).
I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
If you don't want (or it is not possible) to install new software to start trading Forex then a good option for you would be using web based trading platform. You can browse our Forex brokers list to find those which support such platform. Here are those brokers which have web based trading options: ForexYard, Easy Forex, Oanda, Saxo Bank, ACM, Interactive Brokers.
Your question was not answered here?
Contact me and I will answer it!
What is FOREX?
You can read the detailed answer in the separate section of the site — "What is Forex?".
How can I start trading Forex?
You'll need to register a trading account with a Forex broker, such as Marketiva. Then you can begin using their Forex client program to buy and sell currencies. This will take less than 5 minutes of your time!
Who owns Forex and where is it located?
It's not owned by anyone in particular. Forex is an Interbank market, meaning that it's transactions are conducted only between two participants - seller and the buyer. So as long as existing banking system will exist, Forex will be here. It's not connected to any specific country or government organization.
What the working hours of Forex market?
Forex market is open from 22:00 GMT Sunday (opening of Australia trading session) till 22:00 GMT Friday (closing of USA trading session).
What is margin?
Margin is money you need to have in your broker account to secure your open position. Different brokers require different amount of margin money to keep your positions open.
What are the "long" and "short" positions?
Long position is a "buy" position, meaning that this position will be in profit if price goes up.
Short position is a "sell" position, meaning that this position will be in profit if price goes down.
What is the best Forex trading strategy?
There is none. You should constantly develop your own strategies for every possible market situation, if you want to be in profit. Specific strategies can only be good for a certain period of time and for certain currency pairs.
How much money I need to start trading Forex?
With Marketiva you can start trading Forex with as little as $1. Usually, the minimum amount varies from $100 to $10,000 ($100,000 and more for Interbank trading).
I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
If you don't want (or it is not possible) to install new software to start trading Forex then a good option for you would be using web based trading platform. You can browse our Forex brokers list to find those which support such platform. Here are those brokers which have web based trading options: ForexYard, Easy Forex, Oanda, Saxo Bank, ACM, Interactive Brokers.
Your question was not answered here?
Contact me and I will answer it!
- MrM
- Posts: 174
- Joined: Mon Apr 28, 2008 5:00 pm
- Location: KUL
FX GLOSSARY
by MrM on Fri May 23, 2008 5:02 am
Forex Glossary
Ask (Offer) — price of the offer, the price you buy for.
Aussie — a Forex slang name for the Australian dollar.
Bank Rate — the percentage rate at which central bank of a country lends money to the country's commercial banks.
Bid — price of the demand, the price you sell for.
Broker — the market participating body which serves as the middleman between retail traders and larger commercial institutions.
Cable — a Forex traders slang word GBP/USD currency pair.
Carry Trade — in Forex, holding a position with a positive overnight interest return in hope of gaining profits, without closing the position, just for the central banks interest rates difference.
CFD — a Contract for Difference — special trading instrument that allows financial speculation on stocks, commodities and other instruments without actually buying.
Commission — broker commissions for operation handling.
CPI — consumer price index the statistical measure of inflation based upon changes of prices of a specified set of goods.
EA (Expert Advisor) — an automated script which is used by the trading platform software to manage positions and orders automatically without (or with little) manual control.
ECN Broker — a type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers don't discourage scalping, don't trade against the client, don't charge spread (low spread is defined by current market prices) but charge commissions for every order.
ECB (European Central Bank) — the main regulatory body of the European Union financial system.
Fed (Federal Reserve) — the main regulatory body of the United States of America financial system, which division — FOMC (Federal Open Market Committee) — regulates, among other things, federal interest rates.
Fibonacci Retracements — the levels with a high probability of trend break or bounce, calculated as the 23.6%, 32.8%, 50% and 61.8% of the trend range.
Flat (Square) — neutral state when all your positions are closed.
Fundamental Analysis — the analysis based only on news, economic indicators and global events.
GDP (Gross Domestic Product) — is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.
GTC (Good Till Cancelled) — order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.
Hedging — maintaining a market position which secures the existing open positions in the opposite direction.
Jobber — a slang word for a trader which is aimed toward fast but small and short-term profit from an intra-day trading. Jobber rarely leaves open positions overnight.
Kiwi — a Forex slang name for the New Zealand currency — New Zealand dollar.
Leading Indicators — a composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
Limit Order — order for a broker to buy the lot for fixed or lesser price or sell the lot for fixed or better price. Such price is called limit price.
Liquidity — the measure of markets which describes relationship between the trading volume and the price change.
Long — the position which is in a Buy direction. In Forex, the primary currency when bought is long and another is short.
Loss — the loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.
Lot — definite amount of units or amount of money accepted for operations handling (usually it is a multiple of 100).
Margin — money, the investor needs to keep at broker account to execute trades. It supplies the possible losses which may occur in margin trading.
Margin Account — account which is used to hold investor's deposited money for FOREX trading.
Margin Call — demand of a broker to deposit more margin money to the margin account when the amount in it falls below certain minimum.
Market Order — order to buy or sell a lot for a current market price.
Market Price — the current price for which the currency is traded for on the market.
Momentum — the measure of the currency's ability to move in the given direction.
Moving Average (MA) — one of the most basic technical indicators. It shows the average rate calculated over a series of time periods. Exponential Moving Average (EMA), Weighted Moving Average (WMA) etc. are just the ways of weighing the rates and the periods.
Offer (Ask) — price of the offer, the price you buy for.
Open Position (Trade) — position on buying (long) or selling (short) for a currency pair.
Order — order for a broker to buy or sell the currency with a certain rate.
Pivot Point — the primary support/resistance point calculated basing on the previous trend's High, Low and Close prices.
Pip (Point) — the last digit in the rate (e.g. for EUR/USD 1 point = 0.0001).
Profit (Gain) — positive amount of money gained for closing the position.
Principal Value — the initial amount of money of the invested.
Realized Profit/Loss — gain/loss for already closed positions.
Resistance — price level for which the intensive selling can lead to price increasing (up-trend).
Scalping — a style of trading notable by many positions that are opened for extremely small and short-term profits.
Settled (Closed) Position — closed positions for which all needed transactions has been made.
Slippage — execution of order for a price different than expected (ordered), main reasons for slippage are — "fast" market, low liquidity and low broker's ability to execute orders.
Spread — difference between ask and bid prices for a currency pair.
Stop-Limit Order — order to sell or buy a lot when the market reaches certain price. Usually is a combination of stop-order and limit-order.
Stop-Loss Order — order to sell or buy a lot for a certain price or worse. It is used to avoid extra losses when market moves in the opposite direction.
Support — price level for which intensive buying can lead to the price decreasing (down-trend).
Technical Analysis — the analysis based only on the technical market data (quotes) with the help of various technical indicators.
Trend — direction of market which has been established with influence of different factors.
Unrealized (Floating) Profit/Loss — a profit/loss for your non-closed positions.
Useable Margin — amount of money in the account that can be used for trading.
Used Margin — amount of money in the account already used to hold open positions open.
Volatility — a statistical measure of the number of price changes for a given currency pair in a given period of time.
Ask (Offer) — price of the offer, the price you buy for.
Aussie — a Forex slang name for the Australian dollar.
Bank Rate — the percentage rate at which central bank of a country lends money to the country's commercial banks.
Bid — price of the demand, the price you sell for.
Broker — the market participating body which serves as the middleman between retail traders and larger commercial institutions.
Cable — a Forex traders slang word GBP/USD currency pair.
Carry Trade — in Forex, holding a position with a positive overnight interest return in hope of gaining profits, without closing the position, just for the central banks interest rates difference.
CFD — a Contract for Difference — special trading instrument that allows financial speculation on stocks, commodities and other instruments without actually buying.
Commission — broker commissions for operation handling.
CPI — consumer price index the statistical measure of inflation based upon changes of prices of a specified set of goods.
EA (Expert Advisor) — an automated script which is used by the trading platform software to manage positions and orders automatically without (or with little) manual control.
ECN Broker — a type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers don't discourage scalping, don't trade against the client, don't charge spread (low spread is defined by current market prices) but charge commissions for every order.
ECB (European Central Bank) — the main regulatory body of the European Union financial system.
Fed (Federal Reserve) — the main regulatory body of the United States of America financial system, which division — FOMC (Federal Open Market Committee) — regulates, among other things, federal interest rates.
Fibonacci Retracements — the levels with a high probability of trend break or bounce, calculated as the 23.6%, 32.8%, 50% and 61.8% of the trend range.
Flat (Square) — neutral state when all your positions are closed.
Fundamental Analysis — the analysis based only on news, economic indicators and global events.
GDP (Gross Domestic Product) — is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.
GTC (Good Till Cancelled) — order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.
Hedging — maintaining a market position which secures the existing open positions in the opposite direction.
Jobber — a slang word for a trader which is aimed toward fast but small and short-term profit from an intra-day trading. Jobber rarely leaves open positions overnight.
Kiwi — a Forex slang name for the New Zealand currency — New Zealand dollar.
Leading Indicators — a composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
Limit Order — order for a broker to buy the lot for fixed or lesser price or sell the lot for fixed or better price. Such price is called limit price.
Liquidity — the measure of markets which describes relationship between the trading volume and the price change.
Long — the position which is in a Buy direction. In Forex, the primary currency when bought is long and another is short.
Loss — the loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.
Lot — definite amount of units or amount of money accepted for operations handling (usually it is a multiple of 100).
Margin — money, the investor needs to keep at broker account to execute trades. It supplies the possible losses which may occur in margin trading.
Margin Account — account which is used to hold investor's deposited money for FOREX trading.
Margin Call — demand of a broker to deposit more margin money to the margin account when the amount in it falls below certain minimum.
Market Order — order to buy or sell a lot for a current market price.
Market Price — the current price for which the currency is traded for on the market.
Momentum — the measure of the currency's ability to move in the given direction.
Moving Average (MA) — one of the most basic technical indicators. It shows the average rate calculated over a series of time periods. Exponential Moving Average (EMA), Weighted Moving Average (WMA) etc. are just the ways of weighing the rates and the periods.
Offer (Ask) — price of the offer, the price you buy for.
Open Position (Trade) — position on buying (long) or selling (short) for a currency pair.
Order — order for a broker to buy or sell the currency with a certain rate.
Pivot Point — the primary support/resistance point calculated basing on the previous trend's High, Low and Close prices.
Pip (Point) — the last digit in the rate (e.g. for EUR/USD 1 point = 0.0001).
Profit (Gain) — positive amount of money gained for closing the position.
Principal Value — the initial amount of money of the invested.
Realized Profit/Loss — gain/loss for already closed positions.
Resistance — price level for which the intensive selling can lead to price increasing (up-trend).
Scalping — a style of trading notable by many positions that are opened for extremely small and short-term profits.
Settled (Closed) Position — closed positions for which all needed transactions has been made.
Slippage — execution of order for a price different than expected (ordered), main reasons for slippage are — "fast" market, low liquidity and low broker's ability to execute orders.
Spread — difference between ask and bid prices for a currency pair.
Stop-Limit Order — order to sell or buy a lot when the market reaches certain price. Usually is a combination of stop-order and limit-order.
Stop-Loss Order — order to sell or buy a lot for a certain price or worse. It is used to avoid extra losses when market moves in the opposite direction.
Support — price level for which intensive buying can lead to the price decreasing (down-trend).
Technical Analysis — the analysis based only on the technical market data (quotes) with the help of various technical indicators.
Trend — direction of market which has been established with influence of different factors.
Unrealized (Floating) Profit/Loss — a profit/loss for your non-closed positions.
Useable Margin — amount of money in the account that can be used for trading.
Used Margin — amount of money in the account already used to hold open positions open.
Volatility — a statistical measure of the number of price changes for a given currency pair in a given period of time.
- MrM
- Posts: 174
- Joined: Mon Apr 28, 2008 5:00 pm
- Location: KUL
FOREX ARTICLE BUY 3RD PARTY
by MrM on Fri May 23, 2008 5:04 am
Forex Articles
Read the most popular and helpful Forex articles. All these Forex articles are under my collections and written by the talented Forex traders, analysts and strategists. You can submit your own request for those article that amuse you.
Introduction to Forex Articles
Advantages of the Forex Market — by Heather Redmond
Investing in Forex — by Joe Clinton
Forex The Future Investment — by Mike Pachuta
Explosive Profits: 7 Reasons to Trade Forex — by Sorna Devadas
Why Trade the Forex? — by Susan Walker
Forex Avenue: The Road to Riches — by Scott Bianchi
Forex Trading — by Richard Goldie
Forex Enterprise — A Full Review — by Joey Merrick
Introduction To Forex Trading — by Marquez Comelab
The Benefits of Trading The Forex Market — by Marquez Comelab
Trading Forex To Advance Your Financial Position — by Jay Moncliff
The 6 Advantages Forex Trading Has Over Other Investments — by David Morrison
What Is Forex Trading? — by David Morrison
Forex Trade: Main Drawbacks of a Forex Trader — by Raul Lopez
Learn Currency Trade — Intro to The Forex Market — by Anna Rowe
Forex: Benefits of Trading the Forex Market — by Raul Lopez
Forex Trading — Understanding Commissions, Spreads and Trading Costs — by Rich Cochrane
Interested in Forex Trading? — by Jill Kane
Forex: What Is It And How Does It Work? — by Frederic Madore
Futures Versus Forex (Foreign Exchange Market) — by Jeff Slokum
Online Forex Trading — by Bob Hett
How To Get Started In Forex Trading — by Ron King
Forex Market Offers Opportunity And Information — by Jay Moncliff
Forex Glossary — by Norman Fleming
Introduction To Forex — by Norman Fleming
How To Get Started In Forex Trading — by Hana Lee
Reality of Online Forex Trading — by David Jones
Internet Marketing VS Forex Currency Trading — by Amin Sadak
Forex Made Easy for Everyone — by Brian Kolewe
Forex Trading — Opportunities for Individuals — by Anthony Trister
Your Mother Could Make Money In Forex Trading — by Wayne Watson
The History of Forex Trading — by Divyansh Sharma
A Short Introduction To Forex — by Adrian Pablo
Forex 101: Make Money with Currency Trading — by Rich McIver
Online Forex — by Rafik Patel
Shoes Or Forex? — by Marquez Comelab
Forex 101 — by John Sanderson
Currency Trading Is Not The Monopoly Of The Nerds And The Geeks — by Sara Chambers
What Is Rollover Interest In The Forex Market? — by Martin Maier
Investment Myths And The Forex Markets — by David Mclauchlan
The Forex Market And Its Three Distinctive Elements — by David Mclauchlan
The Prime Time For Daily Forex Trading — by David Mclauchlan
A Forex Quickie — How To Get An Educated Quick Start — by David Mclauchlan
Forex Trading, What Hours Should I Be Ready For Trading? — by Adrian Pablo
The Pros and Cons, of Trading a Forex Trading Demonstration Account — by Bill Boyd
Forex: Starting your own trading — by Andrey Moraru
Forex Practice Accounts — Are Demo Accounts Really a Good Thing? — by Paul Bryan
Forex Brokerage Articles
Avoiding Forex-Related Frauds and Scams — by Marquez Comelab
Trading Currency Through Online Forex Brokers — by Jay Moncliff
Finding Reliable Forex Signals — by Elisha Gan
How To Choose A Forex Broker — by Mark Freeman
Forex Trading Platform — by Gary Berg
Sending Signals For Trading In Forex — by Gary Berg
Forex Software Packages — by Ryan Larson
Forex Broker Involvement Optional — by Jay Moncliff
Forex Signal Services — by Amber Lowery
Forex Brokers — by Simon Harris
Forex Brokers — Helping to Maximize Your Success — by Anthony Trister
Choosing A Forex Broker — by Geoff Turnbull
Forex Software — Choosing The Best — by Oliver Turner
How To Spot Forex Fraud — by Willie Reynolds
Forex Scams: How To Spot Them A Mile Away — by John Bekian
Choosing Your Forex Broker....Important Facts — by David Mclauchlan
How to Save Yourself from Forex Scam — by Teo Gee
8 Basic Tips on choosing Best Forex Broker — by Mostafa Soleimanzadeh
6 Critical Factors For Successful Forex Trading — by Roxanne Manning
How To Find A Forex Broker That Won`t Rob You Blind — by Jimmy Cox
Choosing the Right Forex Broker — by David Thorpe
Are Forex Brokers The Antichrist or is Broker-Bashing one Gigantic Witch Hunt? — by David Thorpe
Forex Technical Analysis Articles
Forex Trading Indicators and the Ever Changing Market Conditions — by Martin Redhead
Pivot Points in Forex: Mapping your Time Frame — by Raul Lopez
What's Fibonacci Forex Trading? — by Adrian Pablo
What's the .382 Fibonacci Ratio in Forex Trading? — by Adrian Pablo
How To Read Forex Charts: 5 Things You Must Know — by Mark Hamburg
Trading Forex With Pivot Points — by E.J. Sieberhagen
Forex and Some Important Facts about Bollinger Bands — by Adrian Pablo
Neural Networks Learn Forex Trading Strategies — by Duncan McQueen
The Elliott Wave Theory For Forex Markets — by David Mclauchlan
Fibonacci And The Forex Market — by David Mclauchlan
Relative Strength Analysis In Forex Trading — by David Mclauchlan
Trading Trend And Ranges In Today's Forex — by David Mclauchlan
Forex Traders Need To Know About Crossing Currency — by David Mclauchlan
Moving Averages Basics And How They Help Forex Traders — by Adrian Pablo
Better Understand Technical Analysis and Some Indicators — by Sorna Devadas
Bollinger Bands — by Cynthia Macy
Gann Angles — A Unique Powerful Tool For Trading Profits — by Sacha Tarkovsky
Fibonacci Numbers — Trade For Huge Profits With This Unique Tool! — by Sacha Tarkovsky
Discover Some Magic to Beat The Forex: The Elliott Wave Theory for Forex Markets — by Joseph Plazo
Forex Information: How To Draw DeMark Trendlines — by Michael A. Jones
Forex Fundamental Analysis Articles
Introduction To Fundamental Analysis: Forex — by John Sanderson
Forex Capital Markets And Foreign Exchange Transactions — by Gary Berg
World Events and Wise Forex Trading — by Adrian Pablo
What About The Oil Market Does It Affect Forex Trading — by David Mclauchlan
Do Interest Rates Drive The Foreign Exchange Markets? — by David Mclauchlan
Forecasting Forex Trading — by David Mclauchlan
Forex Trading Is Driven By Five Top Economic Indicators — by David Mclauchlan
Understanding What Influences Forex Prices — by Sorna Devadas
Energy Prices, Inflation and Forex — by Peter Grant
How Are Interest Rates Set? — by Glenn Reschke
Forex Money Management Articles
The Sneaky Way To Managing Losses In Your Forex Trading — by David Jenyns
Money Management Tips For Trading On The Forex — by David Mclauchlan
Forex — Dealing With Your Losses — by Don Spanish
The Costs Of Trading — by Marquez Comelab
Forex: Exiting positions at a right time — by Andrey Moraru
Protective Puts — by John Jagerson
Forex Trading Psychology Articles
Forex: Why Psychiatrists Make Better Traders Than Expert Economists? — by Alexander Brin
Emotions And Forex Trading Don't Mix — by David Mclauchlan
Forex Market Trading And The Mind Games — by David Mclauchlan
Forex: No psychological limitations — by Joshua White
Trading Psychology: Mistakes in a Trading Environment — by Raul Lopez
Forex Trading: The Fear Factor — by Michael J Campbell
Forex trading psychology: Learn to see the line between the trading plan and your emotional impulses — by Bofdan Vasile
Your Forex trading potential can be predicted by looking at your daily emotional behavior — by Bofdan Vasile
The Funny Sort Of Traders In Forex Currency Trading — by Kevin Anderson
Forex : How To Handle A String Of Investment Losses — by Amy Goodmann
Why do the best trading systems fail? — by Christopher Temple
How to Take Control in Forex Trading — by Joe Chalhoub
Forex General Tips Articles
5 Things You Must Do If You Want To Attain Financial Freedom Through Forex Trading — by Eddie Yakubovich
Real Forex Traders Learn to Like Losses — by Scottie Pippin
Forex Trading Guide — How to deal with Forex Trading — by Gagandeep Dhaliwal
Forex Course: A Quick Forex Guide for Traders — by Raul Lopez
Forex Trading Tips — by Fiorenzo Fontana
Day Trading Forex Market Behaviour — by Jay Moncliff
Forex Trading Education: Things You Should Know About Forex Trading — by Raul Lopez
Trading In The Forex Requires Some Caution — by Sara Jenkins
Forex Training: What to Look for in a Forex Training Program — by Raul Lopez
Your Forex Trading Philosophy — by Ron King
Revealed — Million Dollar Forex Investing Mistakes — by David Jenyns
Are These Simple Trading Mistakes Costing You Money In The Forex Market — by David Jenyns
Forex Day Trading: How To Create Massive Wealth From Forex Day Trading — by I-key Benney, CEO
Managing The Forex Accounts For You — by Gary Berg
Getting a Forex Trading Education — by Jay Moncliff
Where to Get Forex Training — by Jay Moncilff
Forex Trading Philosophy — by Dries Cronje
Forex Profits — by Anthony Trister
Option Arbitrage in the Forex Market — by John Nobile
The Properties Of Price Movement — by Marquez Comelab
The Trading Teacher — by Marquez Comelab
Forex Training: Deadly Forex Mistakes That Assure Failure — by Raul Lopez
Learn By Hands On Forex Trading: Demo Accounts Vs Mini Accounts — by Amber Lowery
Day Trading, Forex Or Currencies Back Testing — A Way To Improve Your Trading Score — by David Jenyns
Is There Such A Thing As Hedging In The Forex Market — by David Mclauchlan
Day Trading Tips for Dummies — by Tim Lee
Boost Forex Trading Profits Using These 3 Simple Guidelines — by Roxanne Manning
The 7 Undeniable Rules of Forex Trading — by Sorna Devadas
How The Matrix Will Boost Your Forex Profits? — by Karima Begag
Two Timeless Rules in Forex Investing — by Adrian Pablo
Secrets To Potentially Making Money In The Forex Markets — by Bill Poulos
FOREX Education — Thinking Of Buying FOREX Advice? Read This First — by Sacha Tarkovsky
Too Many Strategies, But Still Frustrated? — by S.A Ghafari
Stop Loss?? I Don't Want To Use It — by S.A Ghafari
133 Trading Tips — by AKFOREX
Forex Strategy Building Articles
Forex Trading Strategies — by Gay Redmile
How To Loose Everything — The Worst Forex Trading Strategy Ever That You Might Be Using — by David Jenyns
Choosing A Forex Strategy — by Giles Windholm
Forex Trading: The Perfect Forex Trading System — by Raul Lopez
A Sneaky Way to Steal Someone Else's Forex Trading System — by David Jenyns
Trying Forex Trading with the Best Strategy and Approach — by Sara Jenkins
Your Guide to Learning a Forex Trading System — by Morgan Hamilton
Do You Have A Back Up Plan? — by Marquez Comelab
Why You Need To Develop Your Own Trading System — by Marquez Comelab
Forex Trading Systems: Mechanical Vs. Discretionary Systems — by Raul Lopez
Profitable Forex Strategies and Techniques — by Nathaniel Tabares
Moving The Forex Market With Trading And Intervention Techniques — by David Mclauchlan
My Forex Trading Strategy — by Timothy Rohrer
An Overview Of Forex Investing Strategies — by Willie Reynolds
Forex Forecasts — You Never Know What You Will Benefit From — by Kevin Anderson
5 EMAs FOREX SYSTEM, Exponential Moving Averages Full Potential — by Adrian Pablo
Automated Trading Systems for Financial Markets and Recommendations for Their Usage — by Nikita Laukhin
100% Hedging Strategies — by Yannis Karamanakis
How I became a successful part time trader — by Joe Chalhoub
Scalping The Forex Market For Profits Every Day — by Dean Saunders
The Opportunities of Trading the Forex Hedged Grid System — by Mary McArthur
Forex Profits by Buying and Selling at the Same Time? — by Mary McArthur
PLS CHOOSE ONE AND PM ME .......enjoy reading
Read the most popular and helpful Forex articles. All these Forex articles are under my collections and written by the talented Forex traders, analysts and strategists. You can submit your own request for those article that amuse you.
Introduction to Forex Articles
Advantages of the Forex Market — by Heather Redmond
Investing in Forex — by Joe Clinton
Forex The Future Investment — by Mike Pachuta
Explosive Profits: 7 Reasons to Trade Forex — by Sorna Devadas
Why Trade the Forex? — by Susan Walker
Forex Avenue: The Road to Riches — by Scott Bianchi
Forex Trading — by Richard Goldie
Forex Enterprise — A Full Review — by Joey Merrick
Introduction To Forex Trading — by Marquez Comelab
The Benefits of Trading The Forex Market — by Marquez Comelab
Trading Forex To Advance Your Financial Position — by Jay Moncliff
The 6 Advantages Forex Trading Has Over Other Investments — by David Morrison
What Is Forex Trading? — by David Morrison
Forex Trade: Main Drawbacks of a Forex Trader — by Raul Lopez
Learn Currency Trade — Intro to The Forex Market — by Anna Rowe
Forex: Benefits of Trading the Forex Market — by Raul Lopez
Forex Trading — Understanding Commissions, Spreads and Trading Costs — by Rich Cochrane
Interested in Forex Trading? — by Jill Kane
Forex: What Is It And How Does It Work? — by Frederic Madore
Futures Versus Forex (Foreign Exchange Market) — by Jeff Slokum
Online Forex Trading — by Bob Hett
How To Get Started In Forex Trading — by Ron King
Forex Market Offers Opportunity And Information — by Jay Moncliff
Forex Glossary — by Norman Fleming
Introduction To Forex — by Norman Fleming
How To Get Started In Forex Trading — by Hana Lee
Reality of Online Forex Trading — by David Jones
Internet Marketing VS Forex Currency Trading — by Amin Sadak
Forex Made Easy for Everyone — by Brian Kolewe
Forex Trading — Opportunities for Individuals — by Anthony Trister
Your Mother Could Make Money In Forex Trading — by Wayne Watson
The History of Forex Trading — by Divyansh Sharma
A Short Introduction To Forex — by Adrian Pablo
Forex 101: Make Money with Currency Trading — by Rich McIver
Online Forex — by Rafik Patel
Shoes Or Forex? — by Marquez Comelab
Forex 101 — by John Sanderson
Currency Trading Is Not The Monopoly Of The Nerds And The Geeks — by Sara Chambers
What Is Rollover Interest In The Forex Market? — by Martin Maier
Investment Myths And The Forex Markets — by David Mclauchlan
The Forex Market And Its Three Distinctive Elements — by David Mclauchlan
The Prime Time For Daily Forex Trading — by David Mclauchlan
A Forex Quickie — How To Get An Educated Quick Start — by David Mclauchlan
Forex Trading, What Hours Should I Be Ready For Trading? — by Adrian Pablo
The Pros and Cons, of Trading a Forex Trading Demonstration Account — by Bill Boyd
Forex: Starting your own trading — by Andrey Moraru
Forex Practice Accounts — Are Demo Accounts Really a Good Thing? — by Paul Bryan
Forex Brokerage Articles
Avoiding Forex-Related Frauds and Scams — by Marquez Comelab
Trading Currency Through Online Forex Brokers — by Jay Moncliff
Finding Reliable Forex Signals — by Elisha Gan
How To Choose A Forex Broker — by Mark Freeman
Forex Trading Platform — by Gary Berg
Sending Signals For Trading In Forex — by Gary Berg
Forex Software Packages — by Ryan Larson
Forex Broker Involvement Optional — by Jay Moncliff
Forex Signal Services — by Amber Lowery
Forex Brokers — by Simon Harris
Forex Brokers — Helping to Maximize Your Success — by Anthony Trister
Choosing A Forex Broker — by Geoff Turnbull
Forex Software — Choosing The Best — by Oliver Turner
How To Spot Forex Fraud — by Willie Reynolds
Forex Scams: How To Spot Them A Mile Away — by John Bekian
Choosing Your Forex Broker....Important Facts — by David Mclauchlan
How to Save Yourself from Forex Scam — by Teo Gee
8 Basic Tips on choosing Best Forex Broker — by Mostafa Soleimanzadeh
6 Critical Factors For Successful Forex Trading — by Roxanne Manning
How To Find A Forex Broker That Won`t Rob You Blind — by Jimmy Cox
Choosing the Right Forex Broker — by David Thorpe
Are Forex Brokers The Antichrist or is Broker-Bashing one Gigantic Witch Hunt? — by David Thorpe
Forex Technical Analysis Articles
Forex Trading Indicators and the Ever Changing Market Conditions — by Martin Redhead
Pivot Points in Forex: Mapping your Time Frame — by Raul Lopez
What's Fibonacci Forex Trading? — by Adrian Pablo
What's the .382 Fibonacci Ratio in Forex Trading? — by Adrian Pablo
How To Read Forex Charts: 5 Things You Must Know — by Mark Hamburg
Trading Forex With Pivot Points — by E.J. Sieberhagen
Forex and Some Important Facts about Bollinger Bands — by Adrian Pablo
Neural Networks Learn Forex Trading Strategies — by Duncan McQueen
The Elliott Wave Theory For Forex Markets — by David Mclauchlan
Fibonacci And The Forex Market — by David Mclauchlan
Relative Strength Analysis In Forex Trading — by David Mclauchlan
Trading Trend And Ranges In Today's Forex — by David Mclauchlan
Forex Traders Need To Know About Crossing Currency — by David Mclauchlan
Moving Averages Basics And How They Help Forex Traders — by Adrian Pablo
Better Understand Technical Analysis and Some Indicators — by Sorna Devadas
Bollinger Bands — by Cynthia Macy
Gann Angles — A Unique Powerful Tool For Trading Profits — by Sacha Tarkovsky
Fibonacci Numbers — Trade For Huge Profits With This Unique Tool! — by Sacha Tarkovsky
Discover Some Magic to Beat The Forex: The Elliott Wave Theory for Forex Markets — by Joseph Plazo
Forex Information: How To Draw DeMark Trendlines — by Michael A. Jones
Forex Fundamental Analysis Articles
Introduction To Fundamental Analysis: Forex — by John Sanderson
Forex Capital Markets And Foreign Exchange Transactions — by Gary Berg
World Events and Wise Forex Trading — by Adrian Pablo
What About The Oil Market Does It Affect Forex Trading — by David Mclauchlan
Do Interest Rates Drive The Foreign Exchange Markets? — by David Mclauchlan
Forecasting Forex Trading — by David Mclauchlan
Forex Trading Is Driven By Five Top Economic Indicators — by David Mclauchlan
Understanding What Influences Forex Prices — by Sorna Devadas
Energy Prices, Inflation and Forex — by Peter Grant
How Are Interest Rates Set? — by Glenn Reschke
Forex Money Management Articles
The Sneaky Way To Managing Losses In Your Forex Trading — by David Jenyns
Money Management Tips For Trading On The Forex — by David Mclauchlan
Forex — Dealing With Your Losses — by Don Spanish
The Costs Of Trading — by Marquez Comelab
Forex: Exiting positions at a right time — by Andrey Moraru
Protective Puts — by John Jagerson
Forex Trading Psychology Articles
Forex: Why Psychiatrists Make Better Traders Than Expert Economists? — by Alexander Brin
Emotions And Forex Trading Don't Mix — by David Mclauchlan
Forex Market Trading And The Mind Games — by David Mclauchlan
Forex: No psychological limitations — by Joshua White
Trading Psychology: Mistakes in a Trading Environment — by Raul Lopez
Forex Trading: The Fear Factor — by Michael J Campbell
Forex trading psychology: Learn to see the line between the trading plan and your emotional impulses — by Bofdan Vasile
Your Forex trading potential can be predicted by looking at your daily emotional behavior — by Bofdan Vasile
The Funny Sort Of Traders In Forex Currency Trading — by Kevin Anderson
Forex : How To Handle A String Of Investment Losses — by Amy Goodmann
Why do the best trading systems fail? — by Christopher Temple
How to Take Control in Forex Trading — by Joe Chalhoub
Forex General Tips Articles
5 Things You Must Do If You Want To Attain Financial Freedom Through Forex Trading — by Eddie Yakubovich
Real Forex Traders Learn to Like Losses — by Scottie Pippin
Forex Trading Guide — How to deal with Forex Trading — by Gagandeep Dhaliwal
Forex Course: A Quick Forex Guide for Traders — by Raul Lopez
Forex Trading Tips — by Fiorenzo Fontana
Day Trading Forex Market Behaviour — by Jay Moncliff
Forex Trading Education: Things You Should Know About Forex Trading — by Raul Lopez
Trading In The Forex Requires Some Caution — by Sara Jenkins
Forex Training: What to Look for in a Forex Training Program — by Raul Lopez
Your Forex Trading Philosophy — by Ron King
Revealed — Million Dollar Forex Investing Mistakes — by David Jenyns
Are These Simple Trading Mistakes Costing You Money In The Forex Market — by David Jenyns
Forex Day Trading: How To Create Massive Wealth From Forex Day Trading — by I-key Benney, CEO
Managing The Forex Accounts For You — by Gary Berg
Getting a Forex Trading Education — by Jay Moncliff
Where to Get Forex Training — by Jay Moncilff
Forex Trading Philosophy — by Dries Cronje
Forex Profits — by Anthony Trister
Option Arbitrage in the Forex Market — by John Nobile
The Properties Of Price Movement — by Marquez Comelab
The Trading Teacher — by Marquez Comelab
Forex Training: Deadly Forex Mistakes That Assure Failure — by Raul Lopez
Learn By Hands On Forex Trading: Demo Accounts Vs Mini Accounts — by Amber Lowery
Day Trading, Forex Or Currencies Back Testing — A Way To Improve Your Trading Score — by David Jenyns
Is There Such A Thing As Hedging In The Forex Market — by David Mclauchlan
Day Trading Tips for Dummies — by Tim Lee
Boost Forex Trading Profits Using These 3 Simple Guidelines — by Roxanne Manning
The 7 Undeniable Rules of Forex Trading — by Sorna Devadas
How The Matrix Will Boost Your Forex Profits? — by Karima Begag
Two Timeless Rules in Forex Investing — by Adrian Pablo
Secrets To Potentially Making Money In The Forex Markets — by Bill Poulos
FOREX Education — Thinking Of Buying FOREX Advice? Read This First — by Sacha Tarkovsky
Too Many Strategies, But Still Frustrated? — by S.A Ghafari
Stop Loss?? I Don't Want To Use It — by S.A Ghafari
133 Trading Tips — by AKFOREX
Forex Strategy Building Articles
Forex Trading Strategies — by Gay Redmile
How To Loose Everything — The Worst Forex Trading Strategy Ever That You Might Be Using — by David Jenyns
Choosing A Forex Strategy — by Giles Windholm
Forex Trading: The Perfect Forex Trading System — by Raul Lopez
A Sneaky Way to Steal Someone Else's Forex Trading System — by David Jenyns
Trying Forex Trading with the Best Strategy and Approach — by Sara Jenkins
Your Guide to Learning a Forex Trading System — by Morgan Hamilton
Do You Have A Back Up Plan? — by Marquez Comelab
Why You Need To Develop Your Own Trading System — by Marquez Comelab
Forex Trading Systems: Mechanical Vs. Discretionary Systems — by Raul Lopez
Profitable Forex Strategies and Techniques — by Nathaniel Tabares
Moving The Forex Market With Trading And Intervention Techniques — by David Mclauchlan
My Forex Trading Strategy — by Timothy Rohrer
An Overview Of Forex Investing Strategies — by Willie Reynolds
Forex Forecasts — You Never Know What You Will Benefit From — by Kevin Anderson
5 EMAs FOREX SYSTEM, Exponential Moving Averages Full Potential — by Adrian Pablo
Automated Trading Systems for Financial Markets and Recommendations for Their Usage — by Nikita Laukhin
100% Hedging Strategies — by Yannis Karamanakis
How I became a successful part time trader — by Joe Chalhoub
Scalping The Forex Market For Profits Every Day — by Dean Saunders
The Opportunities of Trading the Forex Hedged Grid System — by Mary McArthur
Forex Profits by Buying and Selling at the Same Time? — by Mary McArthur
PLS CHOOSE ONE AND PM ME .......enjoy reading
- MrM
- Posts: 174
- Joined: Mon Apr 28, 2008 5:00 pm
- Location: KUL
MT4 INDICATORS 4 NOVICE
by MrM on Fri May 23, 2008 5:10 am
MetaTrader 4 Forex Indicators
At this page you can freely download MT4 Forex indicators that can be attached to the MetaTrader Forex trading platform to boost your Forex trading performance. You can develop your own Forex trading strategies using these indicators, or you can simply follow them as the trading signals. Feel free to implement any of these indicators into a custom MetaTrader expert advisor. You can change these indicators freely before using on your Forex trading accounts.
If you have any problems with installing or using these indicators, please refer to this tutorial:
MetaTrader Indicators User's Tutorial
Aroon Up & Down — this MetaTrader indicator is based on finding the maximums/minimums of the period and doesn't use standard MT4 indicators. It is a separate window indicator with 2 charting lines. I find it useful to determine the trend changes. (Download zipped indicator)
BB MACD — a MACD variation custom MT indicator, based on moving averages and standard deviation indicator. It can be used to determine trend starts/ends as well as the trend strength (the broader is the gap between two bands, the stronger is the current trend). (Download zipped indicator)
Beginner — this one shows up trend extremes (max and min) which can be treated as the support and resistance points and help you understand current trend channels. It is a simple indicator that uses some period to find most high and most low points and mark them with the dots. It can be a good base for your own range breakout expert advisor. (Download zipped indicator)
Float — this MetaTrader indicator scans the latest trends and tries to apply the data to the current rate, showing a trend start/end in a separate window. It also shows Fibonacci retracement levels on the main chart window. (Download zipped indicator)
Laguerre — a separate window indicator with one line signaling short and long positions, when it crosses the upper band from above or lower band from below, respectively. (Download zipped indicator)
Murrey Math Line X — another kind of pivot points given in form of lines displayed on the main chart. It uses Murrey Math rules to calculate the lines’ position. Lines are shown for the current period and represent the support and resistance levels. (Download zipped indicator)
RSIOMA — this indicator is composed of the two RSI's (Relative Strength Index) of the moving averages. The cross of the RSI's mean the change of the trend - when bold one is above it is an uptrend, when thin one is above it is a downtrend. (Download zipped indicator)
Support and Resistance — as the name suggests, this indicators shows the levels of support and resistance directly on the chart. It uses standard MT4 Fractal indicator and does quite well in depicting the good levels for the next stop-loss and target-profit prices. (Download zipped indicator)
Traders Dynamic Index — indicates trend direction, market volatility and trend strength in a separate window of the MetaTrader terminal. It is handy in many trading styles — long-term and scalping. Read the commentary in the code to learn using it (very easy). (Download zipped indicator)
TRO MultiPair — a multiple timeframe indicator package for multiple currency pair. It shows as a separate terminal window with 3 indicating dots for each of 4 different currency pairs for each MT4 time period. Dots combinations serve as the entry signals. The more timeframes show the same combination the more accurate signal is. Red, red, magenta is used to enter short; green, green, cyan is used to enter long. You can select currency pairs via the input parameters. The timeframe and the currency pair of the chart, to which you attach this indicator don’t matter.
TzPivots — daily pivot points indicator with an accurate and informative display. Trader has to set two input parameters: LocalTimeZone — time zone of the MT4 trading server (e.g. "-5" if it's New York time) and DestTimeZone — time zone of the session for which you want to calculate pivot points (e.g. "+9" for Tokyo trading session pivots). (Download zipped indicator)
Var Mov Avg — indicator is based on the calculating of moving averages of the varying periods. It detects crosses that produce buy/sell signals as well as current trend indication. This indicator has a sound alert on signals, which can be turned on and off. (Download zipped indicator)
You want to share your own custom MetaTrader indicator for this page? Or do you have any comments/questions regarding any of indicators presented here? If so, please contact me.
At this page you can freely download MT4 Forex indicators that can be attached to the MetaTrader Forex trading platform to boost your Forex trading performance. You can develop your own Forex trading strategies using these indicators, or you can simply follow them as the trading signals. Feel free to implement any of these indicators into a custom MetaTrader expert advisor. You can change these indicators freely before using on your Forex trading accounts.
If you have any problems with installing or using these indicators, please refer to this tutorial:
MetaTrader Indicators User's Tutorial
Aroon Up & Down — this MetaTrader indicator is based on finding the maximums/minimums of the period and doesn't use standard MT4 indicators. It is a separate window indicator with 2 charting lines. I find it useful to determine the trend changes. (Download zipped indicator)
BB MACD — a MACD variation custom MT indicator, based on moving averages and standard deviation indicator. It can be used to determine trend starts/ends as well as the trend strength (the broader is the gap between two bands, the stronger is the current trend). (Download zipped indicator)
Beginner — this one shows up trend extremes (max and min) which can be treated as the support and resistance points and help you understand current trend channels. It is a simple indicator that uses some period to find most high and most low points and mark them with the dots. It can be a good base for your own range breakout expert advisor. (Download zipped indicator)
Float — this MetaTrader indicator scans the latest trends and tries to apply the data to the current rate, showing a trend start/end in a separate window. It also shows Fibonacci retracement levels on the main chart window. (Download zipped indicator)
Laguerre — a separate window indicator with one line signaling short and long positions, when it crosses the upper band from above or lower band from below, respectively. (Download zipped indicator)
Murrey Math Line X — another kind of pivot points given in form of lines displayed on the main chart. It uses Murrey Math rules to calculate the lines’ position. Lines are shown for the current period and represent the support and resistance levels. (Download zipped indicator)
RSIOMA — this indicator is composed of the two RSI's (Relative Strength Index) of the moving averages. The cross of the RSI's mean the change of the trend - when bold one is above it is an uptrend, when thin one is above it is a downtrend. (Download zipped indicator)
Support and Resistance — as the name suggests, this indicators shows the levels of support and resistance directly on the chart. It uses standard MT4 Fractal indicator and does quite well in depicting the good levels for the next stop-loss and target-profit prices. (Download zipped indicator)
Traders Dynamic Index — indicates trend direction, market volatility and trend strength in a separate window of the MetaTrader terminal. It is handy in many trading styles — long-term and scalping. Read the commentary in the code to learn using it (very easy). (Download zipped indicator)
TRO MultiPair — a multiple timeframe indicator package for multiple currency pair. It shows as a separate terminal window with 3 indicating dots for each of 4 different currency pairs for each MT4 time period. Dots combinations serve as the entry signals. The more timeframes show the same combination the more accurate signal is. Red, red, magenta is used to enter short; green, green, cyan is used to enter long. You can select currency pairs via the input parameters. The timeframe and the currency pair of the chart, to which you attach this indicator don’t matter.
TzPivots — daily pivot points indicator with an accurate and informative display. Trader has to set two input parameters: LocalTimeZone — time zone of the MT4 trading server (e.g. "-5" if it's New York time) and DestTimeZone — time zone of the session for which you want to calculate pivot points (e.g. "+9" for Tokyo trading session pivots). (Download zipped indicator)
Var Mov Avg — indicator is based on the calculating of moving averages of the varying periods. It detects crosses that produce buy/sell signals as well as current trend indication. This indicator has a sound alert on signals, which can be turned on and off. (Download zipped indicator)
You want to share your own custom MetaTrader indicator for this page? Or do you have any comments/questions regarding any of indicators presented here? If so, please contact me.
- MrM
- Posts: 174
- Joined: Mon Apr 28, 2008 5:00 pm
- Location: KUL
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