Who’s online There are currently 18 users online. Submitted by Edward Revy on April money management forex mt4 indicators, 2008 – 10:27.
Also, the same page will tell you how to add custom indicators to MT4 and provide the list of MT4 Brokers. A good friend of mine has been persuading me for some time now to look closely at MT4 platform and, in particular, at its feature of trading Forex with customized indicators. And here the idea was born. I’m glad to open another systems block dedicated to MT4 custom indicators. They were developed by other traders and posted online. My goal is to deliver best Forex systems to you, so that your trading and learning experience will be exiting and eventually resulted in profitable and confident trading. Active traders Poll – share your live experience or read what others have to say.
How To Double The Account In 1 Day? You can help thousands improve their trading! Who’s online There are currently 18 users online. Submitted by Edward Revy on April 27, 2008 – 04:10.
BBands_Stop indicator can be your helping hand in confirming a trend, identifying trend change and setting stops. Its appearance is pretty much self explanatory. What should be added is that BBands_Stop if used alone won’t be able to save traders from losing in the Forex market. While it performs outstandingly well during good trends, it faces a fiasco during sideways channeling market. The settings for BBands_Stop indicator could be changed to fit any particular favourite currency pair and a time frame.
If your previous Forex system lacked additional trend confirmation or a logical level to place your stop at, see how BBands_Stop indicator may improve your Forex trading. Submitted by User on April 28, 2008 – 12:12. What next, pls can you guide me, as me pretty new in FX. Submitted by Edward Revy on April 28, 2008 – 13:13.
Submitted by User on April 30, 2008 – 03:08. Submitted by Edward Revy on April 30, 2008 – 06:08. I thought it doesn’t need further interpretation. Here is a screen shot with comments on it. Please let me know if there is anything else to clarify.
What I also want to add is, that traders should not look at Bbands Stop indicator as as their only adviser to entries and exits. You’ll soon find out that relying solely on indicator signals would not deliver desired profit results unless a strong trend is in place. This doesn’t mean, however, that indicator is useless. It works perfectly well for the purposed described above: stop trailing, trend confirmation and additional re-entry opportunities, while profit targets and initial early entries should be defined by other trading tools. Submitted by WALAT on April 30, 2008 – 14:56.