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Best Forex Robots 2021

October 4, 2021 by Michael Leave a Comment

Hello friends, Forex traders! Well, a long time ago I wanted to make this review. This article brings together the most stable, time-tested Forex robots, usually with simple rules and understandable ideas. If you expect to see grail robots here – I will disappoint you. They are not here. And don’t believe those who are … [Read more…]

Repainting indicators – is it always bad thing?

September 27, 2021 by Michael Leave a Comment

Almost every newbie is sure that somewhere in the secret sections of thematic Forex forums there are grail-indicators that give extremely profitable signals. Those who are looking – will always find, and indeed, over time, they find expert advisors or scripts that show exceptional results on the chart. Often such amazing results are the result … [Read more…]

Montag Expert Advisor – Profit on Mondays

August 23, 2021 by Michael Leave a Comment

It’s no secret that Friday and Monday are special days in Forex. The beginning and end of the trading week are fraught with many tricks and patterns associated with them. One of such interesting Monday patterns is used by the Montag EA. Moreover, the pattern has an extremely high winrate. In the review of the … [Read more…]

3 Possibilities of Charts in MT4 Terminal You didn’t know about

February 25, 2019 by Michael Leave a Comment

How to adjust a chart in MT4 to suit you? How to change and fix the scale, change the timeframe, find the right panels? Life hacking for newbies in the foreign exchange market! In order to profitably trade in the foreign exchange market, you must be able to work with price charts of currency pairs. … [Read more…]

Should I leave deals for the weekend?

January 21, 2019 by Michael Leave a Comment

Cheers, collegues forex traders! A question that sooner or later begins to bother everyone who trades on D1 and H4 timeframes. Disputes about whether to leave open positions for the weekend, have been active for a long time. Traders have divided into two opposing camps – some believe that it is necessary to strictly follow … [Read more…]

What You Should Know about Forex Trading on Friday

October 8, 2018 by Michael Leave a Comment

Hello ladies and gentlemen, Forex traders! Friday. A relaxed day, when the mad weekend is ahead, after which the working Monday will come. How does this affect the market? How do big players behave on this day? Who leaves positions for the weekend, taking risks? Today we will figure out what to remember when trading … [Read more…]

Cayman Indicator – alone against the crowd

June 4, 2018 by Michael Leave a Comment

Hello, fellow forex traders! We all know that most of the market crowd is usually wrong. Using different metrics, all technical indicators try to express the sentiment of the crowd for understanding where the market will go. As a rule, the main reference point for this in the foreign exchange market is the price, as … [Read more…]

Extra Report Pad Indicator— Myfxbook in your terminal

April 14, 2018 by Michael Leave a Comment

There is a wide range of custom indicators for Forex, starting from the simplest ones, slightly improved versions of standard tools like Stochastics or RSI, and ending with complex systems, which algorithm may seem even too difficult for some programmers. However, in all this variety there are not so many tools that analyze not the … [Read more…]

Rubber Band Trading Strategy— when the Flat is your friend

April 2, 2018 by Michael Leave a Comment

Despite the fact that 70% of the time the market is in a flat state, most strategies for trading on Forex are trendy ones. Thus, ignoring the movement of prices in the outset, traders use only 30% of the trading potential of currency pairs. To help novice forex traders to work in the market more … [Read more…]

Ichimoku Kinko Hyo: indicator and a trading strategy

February 19, 2018 by Michael Leave a Comment

Many players in the Forex market have tried and are trying to find a win-win trading system. But, for those who are familiar with the Game theory, it is obvious that absolutely no-lose options for working in financial markets do not exist. It is possible only on the one hand to try to reduce risks, … [Read more…]