Scalping is for me the best thing that works for me. Although some brokers may frown on you scalping, I believe very good brokers that use ecn or ndd technology should not have an issue with this, aside from those who have nothing to lose.

Practice is the most inmportant factor to acheieve success in forex trading. But most the newbies prefer to traderight away than get bored in trading in demo account. I really do not know why they get bored in demo account but i guss they are...

Bollinger bands measure volatility. They consist of a moving average, and two lines plotted at 2 standard deviations from the central moving average line. These lines form the band. The market is quiet when the band is narrow. The market is loud when...

What are the benefits of upgrading from MT4 to MT5 from a trader's point of view?

MetaTrader Program files have the EX4 extension. This is compiled programming code for MetaTrader, which is a free forex trading program. Scripts and indicators are stored in EX4 format for the MetaTrader software. A MetaTrader Custom Indicator file...

There are costs associated with a SELL or BUY transaction on the financial markets. Brokers charge the trader a commission for each transaction. The amount varies from company to company. Commissions in the brokerage market were quite substantial...

In order to write an Expert Advisor, you must already have a trading strategy. When we have a formal algorithm, we can start implementing the idea. In itself, code only provides language tools for implementing a certain idea.

There are two kinds of documents in a program: the code that creates the program itself, and the text that accompanies the code.

Trading strategy: A trading strategy defines precisely how you should enter and exit trades. For example, "Buy Bitcoin when it drops below $10000, sell when it reaches $12000" would be a very simple trading strategy.

Have you found an interesting MT4 indicator online, or maybe you have your own indicator and would you like to share it with other users? You can do this by adding MT4 forex indicators here, so that we can all benefit from one another. Thank you.