Now that we have finished creating the basic skeleton, we can finally automate the EA to make it operate 100% automatically while following the operational rules that we have defined. The purpose of the article is not to build an operational model, but to show and prepare you to use the system proposed here, by turning a manual Expert Advisor into an automated one. more...
This is a classic trading scheme that is as old as the world. In this article, we will have a closer look at the concept delving deeper than forum users do. However, the article will be more general and much broader as the rebuy algorithm is very suitable for highlighting some very interesting and useful features. more...
PriceChannel_Signal_v2 EA - expert for MetaTrader 5 The custom indicator 'PriceChannel_Signal_v2' ( I took the indicator here ) generates several signals: two types of signals to open a 'BUY' position, two types of signals to open a 'SELL' position, one signal to close 'BUY' and one signal to close 'SELL'. No Stop Loss, No Take Profit, No Trailing.
QUOTE]In this article, we will talk about a very important concept in trading which is trend identification as we will learn about a technical tool that can be helpful in that which is the Donchian Channel indicator. This indicator is a trend following the same as we will see. [/QUOTE] more...
Money management is a very important aspect for successful trading. Its main purpose is to minimize risks and maximize profits. With the right use of money management, it is possible to achieve improved trading results. In general, money management is a set of rules that allows traders to calculate the optimal volume of positions, taking into account all the possibilities and limitations. Today, there are quite a few money management strategies ...