Trend lines are one of the most commonly used methods in the technical analysis of the financial markets. There is no doubt, that there are numerous trading systems built around trading with trend lines. While some trading systems combine technical indicators with trend lines, there are others require the trader’s discretion.
In this MT4 tutorial, Rimantas explains how to download MetaTrader 4, the best Forex trading platform, and open Forex demo account without a broker. It is a brilliant idea if you are starting and want to practice Forex trading for free on MetaTrader 4. Don’t stop yourself from learning how to trade just because there are many Forex brokers with a bad reputation and you do not know which broker to choose. Start demo trading without a broker for now, and you can always pick one later when you feel you are ready to begin live trading.
If there is one aspect of trading that many traders seem to spend much less time on than they should, it is in the objective evaluation of their trading system performance. It seems to be an activity that often gets brushed aside. However, I cannot overemphasize the importance of tracking and monitoring your performance. This article will highlight five key performance metrics that every trader should start paying more attention to as it pertains to their own trading program.
Most Forex traders do not know that MetaTrader 4 trading terminal can’t run more than one Expert Advisor 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 Forex robots on the same MT4 terminal?
Actually, it’s quite simple to run many Forex EA on the same MetaTrader 4 terminal. You need to open a new chart for each Expert Advisor.
In this tutorial, I will clear up any doubts about this subject and will teach you how to set up more than one EA on your MT4.
Installing and running multiple MT4 client terminal instances on the same machine is easier than you might think. These days every MT4 user should learn how to do it.
This way you can open two, three or even more MT4 platforms on the same computer, login into different accounts and trade all of them at once. You can do this without the need to login-logout from the single MT4 platform. You will have all your accounts online at the same time, meaning you can trade your real and demo accounts simultaneously.
How do you know when the price will move quickly or choppily?
Most traders, unfortunately, don’t know and the problem is that they either trade the trend at the wrong spot or trade reversals too early.
This article explains how traders can identify when the price is likely to behave correctively (choppy) or impulsively (quickly), plus it also shows where key targets are located… all of that is done via our Wizz tool.