In this article I will explain how to import custom indicators on the MetaTrader 4 platform, you will learn 1) how to install an indicator 2) use a custom indicator on your platform. Let’s start by following these steps: Download the MQ4/EX4 file related to the indicator you chosen and save it on your computer.
Overview It is passed a month and a half since the currency pair GBPJPY touched its maximum value of 175.36 (2014.07.03). Since that it is started a fall of the price that bounced on the support of 170.651, and is following a period of consolidation where the exchange rate is fluctuating in a narrow corridor.
Overview GBP/JPY’s fall accelerates despite the lower value since two months remains 170.70 and intraday bias remains on the downside. The near term trend has reversed and indeed, 175.36 could be a medium term bottom too. For further falls we should wait to see if the support of 169.53 will be broken in the near
This article aims to explain how Margin Call and Stop Out work on the MT4 platform. Let’s start from the following example: The notations have the following meaning: Balance – it is the total amount of wealth deposited at the beginning, and this value remains constant until the trader decides to close a position. Equity
In this article we will explain how to operate with a LIVE trading account and we will focus on two separate scenarios: 1) the client already have the MT4 platform on his computer 2) the trader has to install the MetaTrader4 yet Let’s start from the first scenario. If the trader decides to switch from
Download the MetaTrader4 platform is easy and fast. First, you should go on Key to Markets website to the following link: http://www.keytomarkets.com/ In the home page, you can see two buttons of different colour. The first one is green and allows you to open a LIVE account, where traders have the possibility to invest real moneys.
Moving Averages: by looking at the simple Moving Averages we notice that the currency pair Pound/Yen is still on an uptrend momentum and both the SMA(50,0) and SMA(100,0) have been acting as support in all the retracements during the whole day. Recently the currency pair has seen a small sell off bouncing on the SMA(50,0). A positive trend is still
In order to use a signal provider, there are some steps to follow: – Register for an MQL4 community ID through community website -Once you have registered, open your MT4 platform and go on Tools àOptionsà Community and enter your details – Go on the Terminal window and click on Signals; here you have a
New traders generally look for more experienced mentors with a good background and proven track record. However experienced traders are known to be quite jealous about their techniques and is difficult that they share their secrets with everybody. Signals give the opportunity to take advantage from the crowd of traders (experts and non) in order
On Friday 4th July, 2014, has been released the MetaTrader4 platform update. There are many changes but in this article we will focus on one in particular, regarding a function that is directly related with the trading activity. The name of this new function is Market Depth and can be found in the Market Watch.