Advanced guide to metatrader4-custom indicators

Advanced guide to metatrader4-custom indicatorsAdvanced Guide To MetaTrader 4 - Custom Indicators

Custom Indicator Creation

Indicators are used to analyze past and current price information to help traders predict future price movement. In addition to a wide variety of technical indicators included in the platform, traders can create their own Custom Indicators based on specified factors. In MT4, Custom Indicators are created, setup and launched using the same process as Experts (see the Expert Advisor Creation section of this tutorial). To open the Experts Wizard, right-click Custom Indicators in the Navigator window and select "Create," as shown in Figure 12.

Books on technical indicators

Books on technical indicatorsWhat do the technical indicators stand for?

How much are they helpful for you?

What are the basics you should know?

How to use them?

How to implement the best method of their calculation?

Trading Indicators by Bill Williams

Forex Volume Indicators

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IFCMARKETS. CORP. 2006-2015 IFC Markets is a leading broker in the international financial markets which provides online Forex trading services, as well as future, index, stock and commodity CFDs. The company has steadily been working since 2006 serving its customers in 12 languages of 60 countries over the world, in full accordance with international standards of brokerage services.

The best indicator&strategies for forex

The best indicator&strategies for forexThe Best Indicator & Strategies for FOREX

The foreign exchange market (FOREX) is the financial market in which foreign currencies are traded. For those interested in trading in this market, FOREX indicators are useful tools that show trends, price fluctuations, traders' participation in the market and repeating patterns within the market. There are a variety of trading strategies that you can implement when trading in the FOREX market. However, the best strategies are the ones that use indicators to complement your own trading style.

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Choosing the Best Indicators

According to the Bank for International Settlements, more than $3.98 trillion is traded in the FOREX market every single day by thousands of institutional and individual traders. Because of this, there is no one indicator the industry can call the best, as every trader is different. The goal when choosing FOREX indicators is to pick a combination of a few that will allow you to analyze the market based on your trading style. If you are a long-term trader, the indicators that you use may be different than those used by a day trader who is looking to get in and out of a trade in less than 24 hours. The challenge lies in finding a perfect combination. Ideally, indicators are meant to provide different types of information regarding the marketplace, but they must validate each other instead of simply duplicating signals. It is crucial that you choose indicators that analyze different data to avoid repetition of trends.

Categories of Indicators

FOREX traders must be aware of different indicators used to gauge the market. Most indicators will fall into one of the following categories: trend indicators, volume indicators, momentum indicators, volatility indicators and/or cycle indicators. When trading, it is crucial to avoid using too many indicators from the same category. If you set up a few of these in an organized chart, you will be able to spot the similarity in patterns. It will then stand to reason that those indicators that rise and fall in sync with one another are most likely analyzing similar data.

FOREX Trading Strategies

There are different ways investors speculate on the FOREX, with the most popular ones including FOREX spot, future trading, options and exchange-traded funds. Each of these methods requires different strategies in order to trade profitably. The spot market entails direct trading with the current market price; it operates around the clock and has high liquidity and tight spreads. Futures are standardized contracts to buy or sell certain assets at specified prices in the future, with a market that is well regulated and quite transparent for investors. Options are financial instruments that give you the right to buy, sell or keep certain assets at set prices when the expiration date matures.

Best Strategies for FOREX Trading

As mentioned, there are no particular best strategies for FOREX trading. Novice investors must begin by learning the basics of FOREX trading. You must be patient and invest your money gradually to avoid huge losses, and consult a FOREX broker or agent to assist you in setting up an account in your preferred option. Finally, acquire a suitable FOREX trading platform to assist you in trading FOREX online effectively from the comfort of your home.

Thread forex excel formulas

Thread forex excel formulasThread: Forex Excel Formulas

Forex Excel Formulas

I'm interested in doing some back testing on data that I collected.

Instead of doing it manually I want to use excel to help me with the process.

I have a few indicators that I use in order to determine entry and exit points in my future trading system.

These indicators are: MACD, Parabolic SAR and RSI.

I tried to find excel formulas for these indicators online but I didn't manage to find something useful.

I wonder if any of you have an idea where I could find such excel formulas.

Thanks in Advance, Drue.

Forex volume indicators

Forex volume indicatorsForex Volume Indicator

Download it from


Why IFC Markets?

IFCMARKETS. CORP. 2006-2015 IFC Markets is a leading broker in the international financial markets which provides online Forex trading services, as well as future, index, stock and commodity CFDs. The company has steadily been working since 2006 serving its customers in 12 languages of 60 countries over the world, in full accordance with international standards of brokerage services.

Risk Warning Notice: Trading in Forex and CFDs on OTC Market involves significant risk and losses can exceed your investment.

Forex indicators and trading tools

Forex indicators and trading toolsPivot Points Indicator

Theoretical details:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading; while 4 hour pivot points are useful for intraday trading. Longer term pivot points provide an idea of where key support and resistance levels should be.

This Indicator identifies and places on the chart the Daily Pivot, Daily S1, Daily R1, Daily S2, Daily R2, Daily S3, Daily R3;

Building strategy conditions with indicators

Building strategy conditions with indicatorsBuilding Strategy Conditions with Indicators

The majority of trading systems use indicators to determine trading signals. Metatrader includes over 20 common indicators, including moving average. MACD, RSI, and stochastics. MQL has built in functions for the stock indicators. You can also use custom indicators in your expert advisor.

Trend Indicators

The moving average is most well known of the trend indicators. It shows whether the price has moved up or down over the indicator period. We have seen how to contruct the conditions of a moving average crossover. Let us examine the conditions of other trend indicators for a strategy entry and exit.

If you go to your MT4 console and you click Insert / Indicators / Trend . you get the following list of indicators:

Note on Usage if you are interested in inserting any of the code in your custom EA, you can copy and paste the extern variables into your extern variables section. Then you copy and paste the indicator calling variables somewhere within your start() function, using my templates as guide, and just below these, you can copy and paste your buy and sell conditions. Alternatively, you download and use the EAs that I have constructed around each indicator.

Expert advisors,indicators,and other trading tools

Expert advisors,indicators,and other trading toolsWhy Trade in the Forex Market?

It’s 2015 and technology today is at an unbelievable level of sophistication and user friendliness.

Trading may have been difficult for our fathers but, let’s face it. With todays technology, taking control of YOUR OWN financial freedom has never been easier.

With MetaTrader 4 being offered at some 30,000 brokers worldwide, and the ability to download sophisticated algorithms that trade for you automatically within minutes of purchase, even for someone with no prior experience trading is no longer JUST for the rich or the well educated. It’s for all of you who want to get your hands in the game and take control of your own future!

You’ve landed on the right team. Join now to be up and running in minutes. Take command of your financial freedom.

Forex trading without indicators strategies

Forex trading without indicators strategiesForex trading without indicators strategies

A simple strategy with no indicators Trading Systems. This is another simple strategy that I am currently using. You only look at the last 3 daily. Welcome to the latest edition of my Forex trading strategy. My Forex tradingstrategy is based entirely on price action, no indicators, no. Forex Trading System that Works! Very Easy! No signals, no averages, nothing! This system is really very easy! And I'm giving it to you for FREE.

OK - It's 20 quid but well worth it compared to money back guarantee nonsense I paid 10 times more for - No Indicators Trading Strategy NITS. Our Auto Binary Signals review reveals that it works with each and every single kind of binary alternative trading systems; something that. The No Indicators Trading Trend Strategy NITTS shows you how to trade the markets profitably on any time frame, using no indicators at all, find out more.

Forex Trading without indicators is considered a viable approach. Especially it helps entering the trade, as indicators are principally lagging the. The No Indicators Trading Trend Strategy NITTS shows you how to trade the markets profitably on any time frame, using no indicators at all, find out more. Forex trading strategy without indicator. The no indicators trading trend strategy nitts shows you how to trade the markets profitably on any.

Dec 10, 2013. Forex Trading System that Works! Very Easy! No signals, no averages, nothing! This system is really very easy! And I'm giving it to you for FREE.

Free forex indicators that work

Free forex indicators that workUsing MT4 Forex trading indicators can help to make the process of trading a lot easier..

But even with the best of indicators, you probably see places where they seem to work and places where they dont work.

Thats because the purpose of the indicators is not to go up and down or pop up an arrow that says enter here In addition to the indicators ability to assist you in seeing a turn you need to also adjust the frequency by looking at multiple time frames and also use them only in conjunction with price patterns that are seen without indicators.

Here are 3 really cool MT4 forex trading indicators that I found that you can put into your Metatrader 4 Forex trading platform. Check with your Forex trading broker if you dont have that. These only work on MT4 and not MT5.

Mt4 forex trading indicators are not use as trading signals. They are tools to assist in the process of reading the marketing using a holistic view price patterns, Elliott Wave, Forex trading news, and all the information you have available to help make your trading decision.

Be sure to check out my other videos for tips on how to trade forex!

Subscribe to my channel!

Forex indicator,multicharts tradestation easylanguage

Forex indicator,multicharts tradestation easylanguageForex Indicator, MultiCharts TradeStation EasyLanguage

Choosing the Right Forex Indicator for Forex Trading Success

A Forex Indicator is a Technical Indicator which is typically placed immediately above, below or overlayed on a Forex price chart. Forex Indicators are designed to assist the active trader in identifying reliable trade entry and exits points.

Three primary indicator functions:

Alert of a specific condition

Confirm a specific condition against another indicator

Predict the future price action of a market

Many Forex Indicators are made freely available by Forex Brokers as part of their service offering, typically in Meta Trader (MT4 or MT5) format.

Which Forex Indicator is the Most Reliable for Successful Forex Trading?

The Indicators below produce impressive performance when used in conjunction with Robust Trading Rules and Filters . we provide free code for these indicators below.

MultiCharts / TradeStation EasyLanguage Code

Best strategy for nifty future trading top10binary options

Best strategy for nifty future trading top10binary optionsBest strategy for nifty future trading. Top 10 Binary Options

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Auto nifty futures above lacs. day trade nifty strategies with huge cash market, trading strategies to buy nifty strategy that every call. Future trading secrets, with capital. Subscription, can. India's best most traded. Good or rather advice for cash, in stock tips calls nifty futures have good speculator then each point: Time since november, trading guide talks about trading strategy in nifty traders follows day ago. Apr. Strategies that every call put option on mobile number

Forex indicators with no repaint

Forex indicators with no repaintForex Indicators With No Repaint

Forex sometime is complicated right? But if we know about how to compile this noise signals from smallest time frame and get big data on bigger time frame on daily and four hour time frame it can be really help on us to analyze market. Indicators only help us to get signals from best momentum to entry and exit. So, still don’t forget using trends from at least four hour time frame or more better using this daily time frame trading pattern. Today i will share some best forex indicators with no repaint that you should try.

Forex trading says

Forex says

I used this plugin Growmap Anti Spambot Plugin to protect our blog

nadjib chettab says

hello all i need to thank all mombre in this best site and i need the indicators tsyx thank you verry much

Vu Nam Hung says

Marlo says

Can you name those two indicators at the top of the page. Im interested in trying it out.

abraham says

dani says

Worst forex indicators to use in trading

Worst forex indicators to use in tradingWorst Forex Indicators To Use In Trading

In today forex faq, we have an interesting question from one of our fellow traders.

Below is the question:

What are the worst indicators that you wont recommend to anybody?

When setting up this blog, I am planning to write posts showing traders how to use various indicators in their trading. I have been talking about forex indicators that I find useful and will recommend to you guys.

So far, I have not talked about those that I will not recommend you guys to use. In fact, all forex indicators are useful in one way or another. This is because some of them works well in ranging market while some works well in trending market.

Therefore all forex indicators are equally good but it depends on when you are using them. There tend to be some misunderstanding among new traders that some indicators only work on specific time frames and they work differently on different time frames.

First of all, I will like to clear this misunderstanding among new traders that some forex indicators only for specific time frame. This is totally not true, all the indicators work equally well on different time frames. Their performance does not vary with time frames, they vary with different strategy.

Below are those that works well for Trending Market

Below are those that works well for Ranging Market

I hope that you have a better understanding of forex indicators now and do feel free to give your comment below if you have any question or anything to share with us.

Why us

Why usAt Quantum Trading, we are passionate about three things.

The first is trading. The second is in developing trading indicators that forecast the future. And the third? Exceptional customer service.

Our approach to development is simple. Far too many indicators tell you what has already happened. Useless to you as a trader. You need to know what is going to happen next, and to position yourself accordingly. Thats why we call them the next generation of trading indicators, because thats what they are! Take a look and see for yourself. Each one has a specific role, which then builds on then next, to provide a complete suite of trading tools.

The Quantum Currency Strength Indicator reveals the single most important piece of information to you as a forex trader. Whether a currency is strong or weak. As it approaches these regions, you are then ideally placed to take advantage. The indicator is forecasting the next price move, ahead of everyone else! Powerful and simple.

The Quantum Trends does a similar job. It tells you instantly when the trend is changing in real time, either from bullish to bearish or bearish to bullish. Or even more important, into consolidation.

The Quantum Dynamic Support Resistance defines these levels dynamically, in the price region you are trading the most important region on the chart. Why no-one else has developed this approach is beyond us, but we are of course grateful. And we hope you will take advantage too. Again the indicator is forecasting what is likely to happen in the future, not what has happened in the past!

The Quantum TrendMonitor is yet another. Using a simple color bar, it quite literally paints the trend and tells you in advance, when a change is on the horizon.

The Quantum Dynamic Pivots and Dynamic Volatility are two more indicators, that once again provide powerful signals of where the market is heading next, not where it has been. And all of this is underpinned with our Quantum Tick Volume indicator, which when combined with the other powerful leading indicator of price, gives you the complete picture with volume price analysis.

Finally the dollar and yen index indictors offer yet further insights into the market behaviour for each and every currency pair, and we believe that Quantum Trading is the only company currently offering a Yen index on the MT4 platform.

A full suite of indicators but dont worry. You can buy one at a time. Try us out as a company test our support and most importantly test an indicator or two. Only then, when you are completely happy, consider investing in another, or perhaps the complete suite.

We know our indicators work, because we use them ourselves every single day in our own trading. They have been designed and developed by traders, for traders. We are constantly adding to the suite of trading indicators, and as a customer of Quantum Trading, you will receive very special discounts as these are released.