Category - Forex

1
All About Repainting and Non-Repainting Indicators in Forex
2
How to Identify Forex Scams in 5 Simple Steps
3
MT5 is about to replace MT4 client terminal
4
How to Close All Open Trades on MT4 at Specific Time
5
Can Your Trading Strategy Be Coded Into MT4 Expert Advisor?
6
Amazing Way to “Partial Close” Trades Automatically in MT4
7
Simple Reason Forex Orders Fill Too Early [Misunderstanding]
8
To Autotrade or Not To Autotrade? Always a Great Question
9
Forex Trading Strategy Switching Leads to Failure [Always]
10
Interesting Pros and Cons List: Human Trader vs Forex Bot

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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MT5 is about to replace MT4 client terminal

During the past few years there were lots of rumors about the MetaTrader 5 platform replacing the MetaTrader 4, a platform that we all love so much.

But this time it seems to be serious. MetaQuotes company announced that MT5 is coming and MetaQuotes will stop supporting MT4 platform.

Papaevagorou, Head of Sales at MetaQuotes, said “We do not expect to see any developments to come out of MT4 ever again. Given this, MT4 is slowly dying out”.

How will this affect us, EA and indicator users, programmers and signal providers?

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Simple Reason Forex Orders Fill Too Early [Misunderstanding]

Over the last few years I have received and answered literally thousands of emails to my customers and one of the most interesting questions I get was this.

My BUY trade was triggered without price reaching the buy line or pending order. What would cause a trade to trigger early and how I can avoid it?

This is actually just a simple misunderstanding, but I found that a lot of people do not know about this, so I feel obliged to explain this.

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Forex Trading Strategy Switching Leads to Failure [Always]

Procrastination? Ohhh, I know this feeling so well it even hurts to write these words. Procrastination is one of the biggest problems in the world when we speak about achieving goals and checking items from our to-do lists in any area of our lives. No difference in Forex. There are so many things to learn, yet not all of them are effective and useful. Some might even hurt your knowledge.

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