Author - Rimantas Petrauskas

1
TOP 100 Forex Blogs: List of Best Forex Websites to Follow
2
Alert! Fabricated Backtest Results is a popular Forex Scam
3
How to Run Multiple Expert Advisors (EA) on MT4 Terminal
4
How To Know If a Forex Trading Signal Is a Scam
5
What is a Forex Trade Copier and How It Works
6
All About Repainting and Non-Repainting Indicators in Forex
7
How to Identify Forex Scams in 5 Simple Steps
8
How to Fix Annoying MT4 connection problems (5 Ways)
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Signal Magician web panel upgraded with SMS Alerts and MailChimp integration
10
How to convert MT4 Expert Advisor into MT5 format in 2017

TOP 100 Forex Blogs: List of Best Forex Websites to Follow

I gathered a list of the best Forex related blogs and websites and now we have a huge list of top 100 Forex blogs.

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Alert! Fabricated Backtest Results is a popular Forex Scam

Not all backtests are accurate. The only sure way of knowing whether a backtest is done correctly is to do it yourself and compare. Unfortunately, this is usually not possible and not many people know how to backtest Forex robots correctly. When you run repeat the backtest of any EA and do it correctly it becomes easy to know if any given backtest is fabricated or not. When investigating backtest report a special attention should be paid to the type of Spread, modeling quality, modeling type, and the graph.

This article was written to help you tell differences between fabricated and genuine backtesting results.

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How to Run Multiple Expert Advisors (EA) on MT4 Terminal

I have noticed that many Forex traders do not know that MetaTrader 4 trading terminal can’t run two Expert Advisors on the same chart. This limitation comes from MT4 terminal itself, which simply means you are not allowed to attach multiple EAs on the same chart window. So how do others run several EAs on the same MT4 terminal? Actually, it’s quite simple to run many Forex robots on the same MetaTrader 4 terminal. You just open new chart window for each EA you want to run.

This article will clear up any doubts about this subject and will make your Forex trading easier when using Expert Advisors.

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How To Know If a Forex Trading Signal Is a Scam

The forex market trades about 1 trillion dollars a day. With this kind of money floating in a market that is not very well regulated, forex scams are all over.

Most of the popular scams have ceased to exist thanks to the enforcement of rules by bodies such as the FCA. Today more advanced scams exist in the name of forex signal service. Don’t get me wrong, not every signal service is a scam. There are some good reliable signal services and all you need to do is identify them.

Forex signal providers may be an individual or retail firm that promises to trade your account or give you signals to enable you to make a kill out of the market. Some of them will tout their experience and back it up with a few testimonies.

Signal providers will give you entry and exit signals but remember you have no idea how they came up with the entry and exit points, all you have to do is follow. With all these promises, you will be tempted to subscribe. That is the moment it will dawn on you that whatever you have subscribed to is a pack of lies.

In this article, you will be shown how well to distinguish bad from good forex signals, and at the same time know what to look for when buying signals.

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What is a Forex Trade Copier and How It Works

With the modern technology in place, the world is more connected and smaller. Communication around the globe is simpler today thanks to the robust growth in the information sector. Forex trading has not been left behind. Today, accounts managers are able to operate several accounts from a single master account.

Don’t confuse trade copier software with a signal service which operates using a trade copier. Let me explain everything you need to know about trade copiers.

A trade copier will copy trades executed in the master account to several slave accounts as shown below.

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All About Repainting and Non-Repainting Indicators in Forex

Many forex traders make use of technical indicators to guide them in predicting and making the right trading decision. In some cases, a good number of these traders end up using indicators that instead mislead them.

In this information age, scammers are all over the internet preying on unsuspecting buyers of their products. A lot of forex indicators are on sale, promising to give unmatched results only to turn out to be scams.

This article focus is on repainting indicators. The concept of repainting has been used by a number of scammers.  Repainting makes indicators so appealing when assessed on historical charts but not the case in real time trading. To break it down we differentiate between repainting and non-repainting indicators.

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How to Identify Forex Scams in 5 Simple Steps

Many people across the world fall into the traps of scammers and end up losing money in the hands of scrupulous scammers. If they had a better way of identifying the scammers earlier in advance, they might have escaped the pitfall. The forex market has been a soft spot for many scammers that are constantly coming up with new and lucrative scamming methods that are appealing to most people that end up on their trap.

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How to Fix Annoying MT4 connection problems (5 Ways)

After reading this article you will know how to fix connection problems on your MetaTrader 4 platform or at least know the reason why it does not connect.

I won’t waste your time and go into details immediately.

Problem: You get to your computer or connect to your VPS server and find out that MT4 platform shows “No Connection” status message in the right-bottom corner, while it was working fine when you left.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.