The minimum expiration time you can apply on the default order of a new trade is 10 minutes from the time the order is active, but what if you wanted it less than this?
When you start a new robot forex trading system you want to keep an eye on how it performs with all the metrics like drawdown, profit, Sharpe ratios etc etc. But the best way I find to monitor a new forex system is to simply keep an eye on it, without being glued to the… Continue reading How To Monitor Your Trades Using Screenshots & Dropbox
Why do forex traders lose money? Many will blame the high leverage available to trades, but this is only a symptom to the main root underlying cause being unable to…
If you want to get started trading forex can you trade with as little as $100 and still make money?
We explore one popular pattern in forex trading called the pin bar and look at a few examples with charts.
How can you work out what is the strongest or weakest currency? Determining this can help you when seeking to go long or short. Here’s some MetaTrader 4 code to help get you started.
One way you can easily wipe-out an account is by not managing your currency risk effectively. Take the following example, where we have the following open positions: Long GBPUSD Short EURGBP Long GBPAUD Long GBPNZD Would you be comfortable if all these open positions were currently losing money and your robot trading system wanted to… Continue reading How To Minimise Currency Risk
How can you make your MetaTrader 4 software run faster? If you want to reduce the resources MetaTrader consumes on your computer then here are 5 easy things you can do without touching your Expert Advisor.
How can I make MetaTrader 4 run faster on my VPS? Here are 3 tips your VPS hardware will need if you want to improve the performance of your Expert Advisor.
What is drawdown? Here are 5 tips on how to minimise the effect of drawdown on your forex trading account.