For instance, when a market is overbought, the momentum indicator may show that the market is about to fall. Alternatively, it may show that a market is getting ready to bounce on a falling, oversold market. The momentum indicator is inherently present in the MT4 and MT5 platforms. The def...
This can be used to identify positive or negative sentiment about a particular stock or market trend. Technical analysis: You can ask ChatGPT to code any technical indicator or strategy you want for any trading platform, and it will write a near-perfect code for you. However, you need to ...
Trading with MT4 and MT5 offers in-depth and easy-to-navigate charting solutions. You also get numerous time frames to choose between. Many of the best brokers offer access to the MetaTrader suite. TradingView: Get real-time charts for day trading on 1, 3, 5, and 15-minute time frames,...
So in this video, I'll show you how to go from beginner to pro, when it comes tobacktesting automated trading strategiesin MetaTrader 4. Learn how to do a quick test, use the strategy optimizer and use visual mode. If you want to learn how to use theMT5version of Strategy Tester, y...
This might be on the back of a technical indicator or signal service. Ultimately, you need to put everything into learning forex trading. 5: Avoid Leverage as a Newbie As tempting as leverage might be, we would suggest avoiding it in its entirety until you are confident in your abilities...
How to Set up Tabajara Indicator in MetaTrader 4 Professor André Machado is one of the most prominent traders in Brazil. He is a fabulous technical analyst who created and contributed the Tabajara Index to the community. Tabajara Index can help you recognize market trends with confidence. ...
In addition, there are countlesstrading booksthat prove that backtesting is the best way to master a trading strategy. Think of it this way, would you buy a used car without test driving it first? Of course not. You need to test it out to see if it actually runs, if the air conditi...
Hi, This may be off topic as I am new to freelance. Have put up my first order. Get Developers box at the bottom of my order. Maybe the developer gives me a one sentence reply in comments. In Freelance pages no Help button, no way of asking a moderator for knowledge. So moderator...
For example, a trader with just $1000 capital will need to put up $400 in margin. This leaves trader with a balance of $600 to cover the maintenance margin. If the trader trades 1 contract which requires $400 margin, then the remaining $600 in balance is equal to 48 points or 192 ...
Hi All! Can anyone please convert this mt4 indicator to mt5? Thank you in advance! :) An .ex4 file cannot be used to convert an indicator from MT4 to MT5...