Traders are often drawn to trading because of the perceived ease of making money. Newbies would often hear of traders doubling their accounts in just a few months. Some could start with a few thousand dollars, grow their accounts and make a fortune. These stories are what usually draws people to trading the forex markets. […]
Introduction to the Doji Candle Detection Indicator Doji patterns are candlestick patterns with a very small body relative to other candles. This candlestick pattern is a telltale sign of price rejection especially when it forms on an area where price may reverse. The Doji Candle Detection Indicator is a tool which helps traders objectively identify […]
Trading could be simple, but it could still be very difficult. Different traders have different approaches when it comes to trading the forex markets. Some traders have simple trading strategies while others have complex trading strategies. Still, even traders who use simple trading strategies could feel that forex trading is very difficult. This is because […]
Introduction to the MACD Colored Indicator One of the ways traders use the MACD oscillator is to take reversal trade signals whenever the MACD bars would cross the signal line coming from an extremely overbought or oversold level. These scenarios are typical mean reversal setups based on the MACD. The MACD Colored Indicator is a […]
The EA calculates the main levels on timeframe W1. The levels are specified on timeframes TimeFrame 1 and TimeFrame 3. No more than three positions may be opened at the same time. Trading signals are only obtained and trailing only works when a new bar appears on the current timeframe.
Indicator Stalin_Signal displays information on the current trend, using the values of indicator Stalin_NRTR with a fixed timeframe NRTR line color is used as the signal source. Colored dots on lines appear when the bar of the corresponding timeframe changes.
After the initial public reservations were overcome, an increasing number of investors began to use cryptocurrencies for their transactions. Superficially, the features of this...
This is a guest post by Oliver Frost, data scientist at ImmoScout24, in partnership with Lukas Müller, AWS Solutions Architect. In 2010, ImmoScout24 released a price index for residential real estate in Germany: the IMX. It was based on ImmoScout24 listings. Besides the price, listings typically contain a lot of specific information such as the […]
When standard iStochastic is called from the EA, then two levels, 80.0 and 20.0 will ALWAYS be displayed for this indicator in the Visual Tester. It’s no good, if the EA uses other levels, such as 75.0 and 25.0. Therefore, the standard indicator was modified: Indicator Stochastic Custom has two new parameters: Sample indicator call from the […]
The EA only operates when a new bar emerges. Trading signals are generated based on the values of three indicators iMA (Moving Average, MA), two indicators iRSI (Relative Strength Index, RSI), and the value of close (all balues are taken for bar #1). Block for decision making: if(ma_fast[1]>ma_normal[1] && ma_fast[1]>ma_slow[1] && sar_fast[1]<close[1] && sar_normal[1]<close[1]) […]
Introduction to the Clock Displaying Time in Main Chart Indicator Market timing is a very underrated skill which traders could learn. This is because the forex market may behave differently at different times because certain markets are open or close. The Clock Indicator is a tool which can be used to help traders time their […]
