Autotrading binary options-full reviews

Autotrading binary options-full reviewsLooking to autotrade binary options?

Youre in the right spot!

I dont get paid to write these reviews. I dont have any bias. This is a hobby project of mine after I went through a dozen or more trading strategies of binary options before finding AUTOMATED / autotrading binary options. Since then, I have come to realize that there are professional traders and robots that can perform far better than I can, not to mention incredible flexibility in freedom. So, Im an autotrader now, and this website will tell you why.

There are 2 Types of AutoTrading Binary Options

AutoTrade / Managed Accounts for Binary Options

AutoTrading by Managed Accounts means theres an actual human placing trades behind the scenes, and your trading account is linked up to theirs. Every trade they place is copied into your account at the exact same time. Binary Options Brokers provide this technical service that allows account managers to connect your account to their platform. As you can imagine, this is in high demand as it allows them to get many more customers for binary options trading.


These are written by me based on MY EXPERIENCE with the autotrade service.


Written by users (like you) who have used the service. Please note that these must have evidence to support the traders claims.

Binary Options Robots (software)

Programming of forex robot with metaquotes language5(mql5)

Programming of forex robot with metaquotes language5(mql5)Programming of Forex Robot with MetaQuotes Language 5 (MQL5)

MetaQuotes Language 5 (MQL5) is the built-in programming language for automated trading strategies development. It allows creating Expert Advisors (trading robots ), Custom Indicators, Scripts and Libraries. All these instruments significantly enhance traders' ability to trade on financial markets (Forex, Stock, Futures CFD).

MetaQuotes Language 5 is based on the concepts of the well known and popular С++ programming language. MQL5 is also a high-level object oriented programming language. However, due to its narrow specialization, MQL5 thrives in financial markets challenges.

MQL5 includes numerous functions for forex and stock quotes analysis. Also there are built-in main technical indicators and functions, which control trading positions. Thanks to these possibilities of the programming language, all analytics and trade operations can be made entirely by such MQL5 programs.

MQL5 programs have different properties and purpose:

Expert Advisor is a trading robot that totally automates trading on the Forex and Stock Markets. Programs of this type contain the most powerful features to access all analytical information and trading functions, available in MetaTrader 5 Trading Platform. Expert Advisors can analyze the market situation and based on this analysis, execute the assigned trading operations. Such comprehensiveness allows trading robots to fully take humans place when trading in financial markets.

Custom Indicator is a technical indicator intended purely for forex and stock quotes analysis. Unlike built-in technical indicators, this kind of instruments can be created by traders and implement any algorithm programmed in them. Technical indicators do not have access to trading functions and cannot execute automated trading operations.

Alternative content

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What is Autotrade?

After subscribing to one or more of the RED Option Trading Strategies, youll begin receiving trade recommendations via email. You can also elect to have TD Ameritrade automatically execute these recommendations in your brokerage account via autotrade at no additional cost although standard commission and fees still apply. After activating this feature; all opening, adjusting, and closing recommendations would be automatically executed in your account. Account holders have the added flexibility of initiating, adjusting or suspending autotrade allocations at any time.

What are the benefits of Autotrade?

Many customers take advantage of Autotrade for the convenience and timeliness of automated trade executions. If you choose to establish Autotrade for any of your Trading Strategy subscriptions, you will need to set a specific dollar amount to be allocated per trade. As you receive new trade recommendations via email, those trades will be executed in your brokerage account based on the previously specified amount established with TD Ameritrade.

Who Is Currently Eligible to Utilize Autotrade?

Most TD Ameritrade accounts are eligible to access the autotrade functionality with the exception of Education IRAs, 529 plans, and similar custodial accounts.

To set up Autotrade, please make sure you are first subscribed to one or more RED Option Trading Strategies. You will need your RED Option account number, which you can find on the My Account section when logged in to RED Option. Once you have that number, simply complete the following steps:

To set up Autotrade, please make sure you are first subscribed to one or more RED Option Trading Strategies. You will need your RED Option account number, which you can find on the My Account section when logged in to RED Option. Once you have that number, simply complete the following steps:

Log in to your TD Ameritrade Brokerage Account at tdameritrade Once logged in, Select trade>autotrade from the top menu bar

Please find the RED Option section, found just below the main autotrade description.

Please find the space requesting your RED Option account number, and enter it. Make sure to type in the entire account number, including the RED prefix.

Once you have entered your RED Option account number, please click on the Autotrade with RED Option button just below.

The next page will then ask you to sign an electronic Limited Trading Authorization form (LTA), a Terms and Conditions and an SEC Risk Disclosure statement. Please agree to the forms by Re-entering your password at the bottom of the page.

On the Autotrade Setup page, you will be able to set up your allocation method and amount. You will find the strategy(s) you have subscribed to, followed by a field that says Do Not Allocate. Please click on the arrow next to that, and choose your allocation method by clicking on Specified Dollar Amount.

Next, to the right of your allocation method, type in the specific allocation amount you would like PER TRADE. Please enter this carefully, checking your amount, to ensure you have typed in the amount you wish to have allocated for each trade that is initiated.

Submit changes. Upon doing so, you will see a confirmation of the amount you have chosen at the top of the page. Please remember that the dollar amount you choose is the amount you wish to allocate PER TRADE.

Once you have completed those steps, all new trades recommended by RED Option for the strategies that have current allocation will be placed in your TD Ameritrade account. If you have any questions regarding this process, or if you are unclear about allocation amounts or methods, please do not hesitate to contact RED Option at supportredoption or 877-733-6786.

Remove Autotrade

You can cancel or change your Autotrade settings at any time. If you choose to cancel future allocations, all existing positions will continue to be adjusted and closed based on RED Option recommendations. However no new positions will be initiated in your brokerage account. You also have the option to cancel autotrade entirely to take complete control of all open positions. If you choose this action, it is imperative that you contact the RED Option team immediately to be removed from any existing management lists to avoid any trade duplications within your account.

Automated trading championship2010

Automated trading championship2010Automated Trading Championship 2010

We are glad to announce that the Automated Trading Championship will be conducted this year - in 2010. The main purpose of the competition is promoting the idea of the automated trading and the new development environment MetaQuotes Language 5 (MQL5). The total prize of the Automated Trading Championship 2010 is 80,000 US dollars.

We always do our best to conduct the Automated Trading Championship on the highest level. This year we keep on preparing the most interesting Championship for you. On the official website of the ATC, we will publish details of all its Participants. Anyone can visit this website to watch trading dynamics of any Expert Advisor and its characteristics. We will also publish weekly statistical reports, interviews with Participants and useful articles. These materials are intended to show the full information on performance of automated trading systems and help traders to develop profitable Expert Advisors.

As distinct from previous competitions. MQL5-programs will participate in Championship 2010. This year we are going to release the new MetaTrader 5 Platform with the new Expert Advisor development environment - MQL5. That's why we decided to conduct the new competition among Expert Advisors written in MQL5 . - Stanislav Starikov, the senior developer of the MetaTrader 5 client terminal and the MQL5 environment, said.

For the three years of the competition conduction, the Championship has become extremely popular being a specialized site where developers from all over the world can demonstrate their programs. Many EA writers use the Championship as a chance to show their programs and advertise their services. We invite you to take part in the Automated Trading Championship 2010 and prove that you know how to develop profitable Expert Advisors.

Free forex robot generator-mql5wizard

Free forex robot generator-mql5wizardFree Forex Robot Generator - MQL5 Wizard

The MetaTrader 5 Trading Platform includes the MQL5 Wizard. which allows to quickly generate code of an Expert Advisor (Expert Advisor builder). With MQL5 Wizard, knowledge of programming languages is no longer a prerequisite for creating trading robots. In the past, it really was an impassable obstacle to create automated trading strategies, but the release of the MQL5 Wizard changed the situation radically. With this new expert advisor builder, the programming experience is not required - the application will do all the necessary work to create a free Expert Advisors.

Virtually every MetaTrader Expert Advisor consists of three modules - trading signals, money management and trailing stop. And because the modules can be implemented in various ways, there are a lot of possible combinations of Expert Advisors. Thus, every trader can construct trading robots to their liking. It is only necessary to specify the desired parameters and select the necessary components - and the Expert Advisor Builder will do the rest. The creation of free trading robots has never been so quick and simple. Only four clicks - and the free Expert Advisor is ready to trade according to a user-defined strategy!

To what trading signals will an MetaTrader Expert Advisor respond? What money management system will it use? How will the trailing stop be implemented? If you can answer to these questions, then it is easy to create an algorithmic trading system. After compilation, you only need to test the Expert Advisor that you have built of blocks, and then optimize it by choosing the best parameters. After these steps, you will get a workable trading robot, completely ready to trade. It will trade in accordance with the selected algorithms of trading signals, money management and trailing stop.

The main advantage of the Wizard is its convenience. The program allows simplifying the process of trading robots development, creating different Expert Advisor modules for you. With the new Wizard, the construction of automated trading systems is now available not only to MQL-developers. but also to ordinary traders who do not have any programming skills.

MQL5 Wizard is the tool for automatic creation of free forex robot in the shortest time, available to the traders who don't have programming skills. Download MetaTrader 5 now and test the MQL5 Wizard.

Ifexx forex signals

Ifexx forex signalsiFexx Forex signals

Get results you won’t achieve on your own. We offer sophisticated automated trading tools and Forex Signals – without the hassle, fees or high account minimum. Connect your trading account to duplicate the action of successful algorithmic trading automatically or follow our free real-time Forex Signals via Email. There is no monthly performance fee or management cost just a tiny subscription fee.

Do you have the time to invest well? Don’t miss another trading opportunity, automate your investment for 24-hour hands-free trading.

Take the next step and let iFexx invest for you, whilst you sit back managing your account with minimum effort. Connect your trading account to Autotrade platform to duplicate our trades automatically and free of charge. Stay in touch with your money wherever you are without connecting to your trading platform. AutoTrade dashboard is all-in one solution for remote account management and real-time reports.

i-Risk - Get the most out of your investment with our automated trade positioning, and sophisticated risk management tool. Invest with confidence by setting independent risk strategy that suits you best. With i-Risk take full control of your investment.

Live or Demo Trade - Our live and demo trading technology is available all MT4 accounts. Once your subscribe to Autotrade you receive and EA to recive and duplicate trading signals. Trade may run the EA on a live or demo account.


At iFexx we believe opportunities and risk go hand in hand, i n today’s financial markets, state of risk management is essential to success. iFexx embraces this by focusing tremendous energy and resources in evolving its trading technology. This chart table our performance report verified by third party. These results are taken after all the brokerage costs of spread have been deducted. essential to success.

iFexx technologies empowers you to be able to benefit from Forex market in a professional way. Trade with confidence and stay consistently profitable with automated Forex signals. Do not miss any more trade as Autotrade trades all signals 24-hour 5 days a week. Sign up today to start your real trading career.

Developing trading strategies

Developing trading strategiesDeveloping Trading Strategies

For the creation of trading strategies, the terminal has its own programming language - MetaQuotes Language 5 (MQL5 ), MetaEditor development environment and strategy testing tools. One can create the following using these means:

Expert Advisors — mechanical trading systems that allow complete automation of analytical and trading activities for the efficient work in financial markets. They also help to strictly follow a trading strategy eliminating the role of the emotional factor;

Custom Indicators — custom written technical indicators intended for analyzing price dynamics. Trading tactics and Expert Advisors are developed based on algorithms of indicators;

Scripts — programs that execute a certain sequence of actions once upon a request. A script can perform both analytical and trading functions.

All the information about the development of trading strategies in MQL5 can be found at MQL5munity official website. In the CodeBase section of this site you can also find the examples of ready applications.

Option strategies in marathi trading strategies td ameritrade autotrade

Option strategies in marathi trading strategies td ameritrade autotradeOption strategies in marathi trading strategies td ameritrade autotrade

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Metatrader5trading platform for forex and stock markets

Metatrader5trading platform for forex and stock marketsMetaTrader 5 Trading Platform for Forex and Stock Markets

The MetaTrader 5 Trading Platform is a perfectly equipped trader's working tool that allows trading on the financial markets. It provides the necessary tools to analyze price dynamics and use the automated trading programs (Expert Advisors ). The platform represents the all-in-one concept and combines everything you need to trade in the financial markets. Trading, market analysis and automated trading are integral parts of the forex trading software. It enables traders to work not only with Forex market, but also trade Options, Futures and Stock Markets.

The MetaTrader 5 forex trading platform offers numerous impressive analytical features: 82 various tools including graphic objects and technical indicators allow traders to analyze stock and currency prices. There are 21 timeframes available for each market security and the possibility to open up to 100 charts at a time. MetaTrader 5 Trading Platform with its rich analytical arsenal is now available to traders.

Furthermore, analytical resources of the forex trading platform are not limited to the built-in market indicators. Traders are welcome to use the free of charge Code Base or to create their own technical indicator using the new MQL5 development environment. With the high-performance MQL5 programming language you can create Expert Advisors (trading robots) based on numerous calculations and implement almost any trading strategy. This means that traders can use complex calculations to obtain the most accurate market analysis and forecast.

MetaTrader 5 forex software contains all the trading functions a trader will ever need. The trading platform supports four types of order execution: Instant, Request, Market and Exchange execution. All types of orders are available, including market, pending and stop orders. With such a diversity of order types and available execution modes, traders can implement any trading strategy for successful work on the financial markets.

The terminal provides all the necessary tools needed to ensure full-fledged and flexible trading activities. The powerful trading arsenal is available with a click of the mouse: trade operations, alerts. technical analysis, fundamental analysis. automated trading programs, the latest development environment MQL5, the multi-currency strategy tester, MQL5 Market. trading signals and a lot of other useful tools.

Download the MetaTrader 5 Trading Platform and test all the exciting and new forex trading systems!

Learn how you can mirror the live trading of futures and forex professionals with world cup autotrad

Learn how you can mirror the live trading of futures and forex professionals with world cup autotradLearn more about how it works

Top Net Performers

Trading futures and forex involves significant risk of loss and is not suitable for everyone. Past performance is not necessarily indicative of future results. This web site is intended as a solicitation for leader-follower AutoTrade programs offered by WorldCupAdvisor (WCA). There is unlimited risk of loss in selling options. An investor must read, understand and sign a Letter of Direction for WCA programs before investing. There are no guarantees of profit no matter who is managing your money. Net-profit data under Leaders to Follow and Top Net Performers includes open trade equity if any as of market close on the date listed, and is calculated using current WCA subscription rates, standardized commission rates (including Exchange fees but not NFA fees) and funding requirements available through any authorized AutoTrade broker. For detail on commission calculations, open the Net-Profit Calculator. Trades displayed on WorldCupAdvisor are from proprietary accounts that are either owned by the advisor or are entities of which the advisor is a beneficial owner. Performance data shown for lead accounts is not necessarily indicative of subscriber rate of return and drawdown due to execution, slippage, subscriber funding level and other factors.

Trading strategies td ameritrade autotrade-best binary options brokers2015

Trading strategies td ameritrade autotrade-best binary options brokers2015Trading strategies td ameritrade autotrade Best Binary Options Brokers 2015. touchtheroadrecords

Trading strategies td ameritrade autotrade fx empire best binary options brokers list

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Trading strategies td ameritrade autotrade

Trading strategies td ameritrade autotradeIron Condor 1 vs Iron Condor 2

Monthly Cash Thru Options IC1 service autotrades through several on-line brokers. Autotrading is a service where your brokerage account is traded automatically based on recommendations published by Monthly Cash Thru Options.

At the end of each monthly cycle, we send an auto-trade report to our auto-trade subscribers. To see an example report please click on AutotradeReport .

The IC1 Service currently offers auto-trading through TD Ameritrade . eOption . tradeMONSTER/OptionsHouse . TradingBlock , Autoshares and Global Autotrading that autotrades through Interactive Brokers . If you are interested in our auto-trading program and don't see your broker listed, please contact us and we'll contact your broker to see if they support auto-trading.

The process of setting-up an IC1 autotrade account is as follows:

1) Fund your brokerage account. The minimum level to start with for autotrading is $6,500, where $5k would be traded for the month and $1500 is reserves (about 25% to 30% of what is being traded). In addition, it is recommended to keep reserve cash in the account at all times. Another example would be to fund the account with $13k where $10k would be traded for the month and $3k is reserves. The MCTO Team will autotrade accounts up to $200k. If you are interested in trading more than $200k, please contact us at 408-375-9890 and we can discuss the MCTO managed funds.

2) Within your brokers website, log into your account, navigate to the autotrade area, select MCTO as the newsletter provider, select the “Iron Condor 1” service, select “specific dollar amount”, and then enter the amount of cash you would like to allocate to each trade that we send in. We place a maximum of 5 trades per month that require cash in the autotrade accounts. (we actually open up to 10 credit spreads each month, but the first 5 spreads require the cash) As an example, if you were to set your autotrade rule to $2k, you would be trading $10k for the month. You would also need 25% reserve cash of the amount that you are trading, or $2500 for this example, so you would have $12,500 in the account. (its NOT recommended to select “% of buying power” when setting the autotrade rule). Another example would be to set your autotrade rule to $4k; in this case you would be trading $4k x 5 = $20k for the month; you would need $5k in reserve cash, for a total of $25k in the account. For more information about Iron Condor 1 versus Iron Condor 2 please go here .

3) Set your autotrade amount in increments of $1000. Working off of the previous example, the next level up would be setting your autotrade rule to $5k per trade where you would be trading $25k per month and you would have about $6k in reserve cash for a total of $31k in the account.

4) You may adjust your autotrade rule at anytime, even mid-cycle when trades are already open.

5) When we need to access to the reserve cash, well send in a 6th trade alert, and then possibly a final 7th trade alert, which will allow us to access all of the reserve cash. This usually happens 1 to 2 times per year.

6) Its recommended to start small and grow your account over time as you gain understanding and confidence in our analysis and how we execute our trades. Credit spreads represent a long term strategy where its a marathon, not a sprint.

7) After you set up your autotrade rule in your brokerage account, the broker will contact MCTO and alert us that your account is ready to be auto-traded and is pending.

8) Sign up as a paying subscriber to the MCTO autotrade service. To learn more about packaging and pricing please go to the Subscribe page. Unfortunately, the 30 day free trial does not apply to auto-trade accounts; however, we do offer a $5 first month special for autotrade subscribers. MCTO will then approve the autotrade rule and your autotrade account will be activated.

9) If you are auto-trading in an IRA or Roth IRA account, because moving cash into and out of the account is prohibited, you'll need to hold your reserve cash in the same brokerage account. If you have any questions about how to set up an IRA account or regular taxed account, please call us toll-free at 877-248-7455.

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Learn More

Call us at 800-227-0816 to learn how the Strategy Desk's options-related expertise and guidance can help you differentiate and grow your business. Please note that advisors that custody with TD Ameritrade Institutional should contact their Relationship Manager.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options. Spreads and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. These are advanced option strategies and can involve greater risk, and more complex risk, than basic options trades.

Trading robots and custom technical indicators

Trading robots and custom technical indicatorsTrading Robots and Custom Technical Indicators

Any trader can use trading robots (Expert Advisors) to work on financial markets: Forex, Stocks, Futures CFD. These powerful programs can take humans place both in market analysis and trading. The main benefits of Expert Advisor is: ability to operate with large amount of calculations, tirelessness and objectivity.

Manual data processing and recalculation of several analytical instruments simultaneously on every tick can take quite a lot of time, while the situation on highly volatile markets (for instance, Forex Market) can change dramatically. With a computer program, such as a forex robot, traders avoid such a drawback and can make various calculations almost instantly and work with large amounts of data. As a result, a trading strategy is enhanced with more detailed real-time signals and thus can determine entry/exit points more precisely.

Robot Forex Trading in MetaTrader 5:

Instant processing of large amount of data

More precise signals

Work 24 hours a day with no loss of work

Emotionlessness and strict adherence to a programmed algorithm

Robot trading are inexhaustible and can work 24 hours a day without affecting their effectiveness. Analyzing quotes is a hard and tedious work that every trader is familiar with. Over time human concentration inevitably weakens, which leads to errors in calculations and in the trading platform management. All these drawbacks lead to mistakes in trading and to missing opportunities on financial markets. Automated forex robot in MetaTrader 5 solve this problem: they strictly adhere to the trading algorithm so traders will not miss important market opportunities. For example, by 2 a. m. a trader has already gone to bed, but the forex trading robot continues to perform technical analysis and online trading operations. As the motto goes - "money don't sleep".

Finally, trading robots lack such purely human traits as self-confidence, enthusiasm, excitement, etc. All these human traits affect manual trading and therefore the trading activity. Expert Advisors are free from these emotions and operate exactly as they have been programmed. They dispassionately continue to analyze market and can detect the best possible opportunities to increase profit. Thus the emotional factors in trading are neutralized.

The 2006-2011 Automated Trading Championships obviously confirm the power and benefits of the best Expert Advisors in MetaTrader Trading Platforms. The distinctive feature of this contest is that Expert Advisors are truly stand-alone. Developers are not allowed to alter their programs in any way, during the Championship.

As a result, all trading robots are free from human factor. For the three months hundreds of forex Expert Advisors work under equal conditions and achieve impressive results.

Technical Indicators

Along with trading robots, MQL5 Integrated Development Environment allows to create Custom Technical Indicators. Technically they do not differ from built-in indicators and allow analyzing quote dynamics on financial markets.

MetaTrader 5 Trading Platform is equipped with an impressive set of built-in technical indicators. It includes the most popular and claimed indicators (Parabolic SAR. Demarker. Bollinger Bands. Moving Average and Macd indicator) that satisfy almost all analytical demands of the modern trader. However, technical analysis course is constantly developing. Every year technical analysts discover new dependencies in price dynamics and create new tools and forex trading systems for market analysis. Not all of them are included in MetaTrader 5, but MQL5 can help in staying up to date.

Do you need some kind of technical indicator? You can create it by yourself! MQL5 allows developing of custom technical indicators that can be used to analyze quotes on forex or stock market.

MQL5 indicators access the entire database of historical information available for selected financial instruments and process these data. Custom Technical Indicators can be placed on a price chart or in a separate sub window. Traders gain full control of calculation parameters and display options of instruments. In other words, MetaTrader 5 Indicators are practically the same as built-in technical indicators and share the same wide range of options for trading on the financial markets.

In addition, MQL5 indicators allow traders to implement any analytical algorithm (forex trading systems) that they want.

To work with Expert Advisors and Custom Indicators, MetaTrader 5 offers MQL5 Integrated Development Environment that includes all the necessary tools to develop, test, debug and run your MQL5 programs.

MetaTrader 5 — a complex trading platform for providing brokerage services on the retail Forex market.

Technical analysis software for forex trading

Technical analysis software for forex tradingTechnical Analysis Software for Forex Trading

Technical analysis of the forex and stock markets is an integral part of trading. It helps identify various symbol trends, define support/resistance levels, forecast price dynamics and much more. In other words, technical analysis allows to have "a peek into the future" and use this advantage to earn more profits.

Technical Analysis tools in MetaTrader 5:

38 technical indicators

44 analytical objects

21 timeframes

minute history

unlimited number of charts

The essence of such technical analysis software is to study charts of financial instruments using technical indicators and analytical tools. MetaTrader 5 provides a large set of such analytical means. 38 technical indicators and 44 graphic objects are available for the best technical market analysis of price dynamics. In addition, you may combine all these instruments to obtain more detailed forex forecasts.

Technical Indicators

The Technical Indicator is the most important tool for technical analysis of the financial markets. It works automatically to detect different patterns in the price dynamics. Based on this information, traders can assume further price movement and adjust their strategy accordingly.

The essence of the forex indicator is to transform the accumulated history data. This provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. For example, Parabolic SAR Technical Indicator is used for defining the moments when the ongoing trend turns to the opposite direction.

Since the appearance of financial markets many technical indicators have been developed. The most popular technical indicators are included into the MetaTrader 5 Trading Platform, so any trader can utilize them for forex and stock technical analysis. For convenience, the indicators are divided into several groups: trend indicators, oscillators, volume indicators and Bill William's tools.

Most of the forex indicators are adjustable, allowing to adapt the tools to any specific tasks. You can control both analytical parameters and settings responsible for the indicators' appearance. For example, you may change the calculation period of Moving Average as well as adjust the color, width and type of its line.

Forex indicators can be plotted on the price charts or in a separate sub-window with a specific scale of values. Moreover, one indicator can be applied over another one. For example, you may apply a Moving Average on DeMarker and obtain a line of averaged values.

In general, MetaTrader 5 offers traders an elaborate set of tools for the full-fledged technical analysis. Even the most demanding traders can use additional technical indicators written in MQL5. Hundreds of programs published at MQL5munity are available to any trader, expanding further the analytical possibilities of market analysis. Complimentary information about the additional indicators can be found directly in the MetaTrader 5 Trading Platform.

With the MQL5 development environment. traders can also create their own technical indicators. All the necessary tools are available in MQL5 and a lot of useful information is published on the MQL5 website.

Analytical Objects

Unlike technical indicators, graphical objects must be applied manually. Identifying trends, plotting channels, defining cycles and support/resistance levels - all these and many other tasks can be solved with the help of analytical tools.

Analytical instruments can be applied both on charts and on indicator windows

MetaTrader 5 offers 46 graphical objects, each of which help simplify stock market analysis. They include geometric shapes, channels and cycles, Gann, Fibonacci and Elliott tools and much more.

Objects control is intuitive and will not cause any difficulties. To apply a tool, a trader only needs to specify a few control points to plot the object. After that the required analytical object will appear on the screen.

Like with technical indicators, traders can also set up calculation parameters and the appearance of graphical objects. For example, for Fibonacci lines you can set custom levels and the line color.

The impressive number of technical analysis software available in the MetaTrader 5 platform covers most of the needs of the technical analyst. And with the possibility to use MQL5 Technical Indicators, the analytical opportunities of the platform seem limitless.

MetaTrader 5 — a complex trading platform for providing brokerage services on the retail Forex market.

Compare trading strategies

Compare trading strategiesCompare Trading Strategies

Intra-day short-term trading:

London / Euro open breakout strategy

New York close fade strategy

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PAMM account:

MQL5 Signal service:

Note: I only trade the GBPJPY and GBPUSD on the London Open strategy, and EURUSD and USDJPY on the New York Close Fade strategy. With MyFxBook one can look at the overall gain / loss by currency pair, which means that it is possible to see the performance of the 2 different strategies traded on this account.