I really struggle with emotions while trading. I see the setups, I mess the execution. For almost two years I've managed to break even and stay "profitable", mostly stumbling in the dark until I started studying proper price action (read: ICT's videos). But I still have a very hard time with my emotions during trades. Last night a friend came over for dinner and we talked about this. He doesn't trade, but he really liked Michael's way of explaining stuff (and his over the top video openings). He was bewildered I wasn't more profitable, and when I explained to him it was emotions what took most trades away (closing early, moving stops, or TP, second guessing every decision...), he kind of understood it, but not really. Me, on the other hand, I felt a kind of relief (I had never talked about this with anyone, because trading never comes up). I feel that it helped to externalize it, like it happens with most psychological issues. Today I had a very messy day but at least was able to realize when I was losing control. I want to be ever more conscious about this going forward, so I share my moments of shame with you. Share your shames if you want. Who knows if it might help.

I really struggle with emotions while trading. I see the setups, I mess the execution. For almost two years I've managed to break even and stay "profitable", mostly stumbling in the dark until I started studying proper price action (read: ICT's videos). But I still have a very hard time with my emotions during trades. Last night a friend came over for dinner and we talked about this. He doesn't trade, but he really liked Michael's way of explaining stuff (and his over the top video openings). He was bewildered I wasn't more profitable, and when I explained to him it was emotions what took most trades away (closing early, moving stops, or TP, second guessing every decision...), he kind of understood it, but not really. Me, on the other hand, I felt a kind of relief (I had never talked about this with anyone, because trading never comes up). I feel that it helped to externalize it, like it happens with most psychological issues. Today I had a very messy day but at least was able to realize when I was losing control. I want to be ever more conscious about this going forward, so I share my moments of shame with you. Share your shames if you want. Who knows if it might help.

What do you mean? You have to keep a risk reward ratio that averages a positive return. Just that. There are two lies: The RRR must be higher than 1:1 and that you have to risk about 2% Risking about 0.25 to 0.5% maximum will make you consistent. Aiming low RRRs will secure a lot of $$$ for you. It does not mean closing at low RRRs either. Another fallacy is that diversification reduces risk. Or that long-term is safest than shorter term. That is not true per se.

What do you mean? You have to keep a risk reward ratio that averages a positive return. Just that. There are two lies: The RRR must be higher than 1:1 and that you have to risk about 2% Risking about 0.25 to 0.5% maximum will make you consistent. Aiming low RRRs will secure a lot of $$$ for you. It does not mean closing at low RRRs either. Another fallacy is that diversification reduces risk. Or that long-term is safest than shorter term. That is not true per se.

Wrote this indicator last weekend and have decided to share it. Installation instructions: 1) Close your MT4 2) Copy attached "Standard Deviation.ex4" to your MT4's AppData directory, e.g. C:\Users\swelz\AppData\Roaming\MetaQuotes\Terminal\676449683C76BB0F88D7085CCA122DEE\MQL4\Indicators. This could also simply be your installation directory, e.g. C:\Program Files\MetaTrader 4\MQL4\Indicators. 3) Open your MT4, expand "Custom Indicators" in the Navigator window, right click on "Standard Deviation" and click "Attach to chart". 4) Adjust StartTime and EndTime values accordingly. If your Broker's server time is already GMT then leave as is. 5) Enjoy! This will work only on 4 digit brokers, for now. I'd appreciate your feedback and suggestions, if any.

Wrote this indicator last weekend and have decided to share it. Installation instructions: 1) Close your MT4 2) Copy attached "Standard Deviation.ex4" to your MT4's AppData directory, e.g. C:\Users\swelz\AppData\Roaming\MetaQuotes\Terminal\676449683C76BB0F88D7085CCA122DEE\MQL4\Indicators. This could also simply be your installation directory, e.g. C:\Program Files\MetaTrader 4\MQL4\Indicators. 3) Open your MT4, expand "Custom Indicators" in the Navigator window, right click on "Standard Deviation" and click "Attach to chart". 4) Adjust StartTime and EndTime values accordingly. If your Broker's server time is already GMT then leave as is. 5) Enjoy! This will work only on 4 digit brokers, for now. I'd appreciate your feedback and suggestions, if any.

This is the seventh installment of the On Professionalism thread series. The previous installment thread can be found here: Support and Guidance for Tribal Minds - Part 1 The index and first installment can be found here: On Professionalism In the previous installment of this thread series, I highlighted the downside of tribal-communal thinking. Now for the upside: "What's that? There's an upside to tribal-communal thinking? I almost forgot after all the negatives..." YES! There is! You're going to need support. Trading, if you're doing it right, can be lonely. Most of your close friends or people you grew up with aren't going to be traders, so it's hard for them to relate with you when you're talking about your work while at social gatherings. It's still healthy to feel the desire of being included and understood after all, so we should find an outlet for this when it comes to trading. Start using places like this very forum as a constructive and positive place to share ideas and talk about trading in general. Perhaps keep a journal online so others can relate with your experiences too and comment on them. Connect with people who are like-minded online, since the vastness of the internet can bridge any geographical distance between you and like minded individuals. And, if you live in a city large enough, you might even find local traders meetup groups you can join. (And please, always conduct yourself in a constructive and positive fashion when you post online or partake in any anonymous means of communication.. if you can't keep cool talking to other traders how will you ever expect to keep cool during a bad trade? It all comes back to discipline, and keeping control over your emotions is something you need to exercise at all times if you ever want to count on that skill when you really need it during a stressful trade.) ** In the previous installment, I marked two asterisks (**) when I said there was one exception to the family/friends rule. One of the single most important people you should converse with about your trading is your spouse or partner. They might not have much of an understanding but they, of all people, need to support you emotionally and they can't begin to do this if they don't understand exactly what you do

This is the seventh installment of the On Professionalism thread series. The previous installment thread can be found here: Support and Guidance for Tribal Minds - Part 1 The index and first installment can be found here: On Professionalism In the previous installment of this thread series, I highlighted the downside of tribal-communal thinking. Now for the upside: "What's that? There's an upside to tribal-communal thinking? I almost forgot after all the negatives..." YES! There is! You're going to need support. Trading, if you're doing it right, can be lonely. Most of your close friends or people you grew up with aren't going to be traders, so it's hard for them to relate with you when you're talking about your work while at social gatherings. It's still healthy to feel the desire of being included and understood after all, so we should find an outlet for this when it comes to trading. Start using places like this very forum as a constructive and positive place to share ideas and talk about trading in general. Perhaps keep a journal online so others can relate with your experiences too and comment on them. Connect with people who are like-minded online, since the vastness of the internet can bridge any geographical distance between you and like minded individuals. And, if you live in a city large enough, you might even find local traders meetup groups you can join. (And please, always conduct yourself in a constructive and positive fashion when you post online or partake in any anonymous means of communication.. if you can't keep cool talking to other traders how will you ever expect to keep cool during a bad trade? It all comes back to discipline, and keeping control over your emotions is something you need to exercise at all times if you ever want to count on that skill when you really need it during a stressful trade.) ** In the previous installment, I marked two asterisks (**) when I said there was one exception to the family/friends rule. One of the single most important people you should converse with about your trading is your spouse or partner. They might not have much of an understanding but they, of all people, need to support you emotionally and they can't begin to do this if they don't understand exactly what you do

FXGears Trading Community Log inRegister Forums Trading Automated Trading Virtual Private Servers (VPS) Thread starterjack Start dateSep 18, 2019 jack jack Administrator Staff member Sep 18, 2019 #1 This info, table, and other resources on VPS services, as well as recommended providers, has been migrated to our new trader resource wiki https://volatility.red (more info below, some general material was left here for reference.) Are you algo trading? Have you written a custom trading bot? Did you buy into an MT4 or MT5 expert advisor? Or maybe you just want to collect data without running your home PC 24 hours a day? If so, a VPS might just be for you! Main considerations: Latency - This is a measurement of time, specifically the time it takes requests from your VPS to be received by your desired broker or exchange. Often overlooked is the latency measured between your data source and your VPS, which may add to overall delay in executing your strategy. For example, you might be lightening fast executing trades, but if price data is delayed by a tenth of a second that will slow down your algos ability to made decisions in live markets. It’s a good idea to start with a month long contract with more than one VPS providers (or use a free trial) and test out latency should your strategy be sensitive to execution delays. RAM - Your custom code might run right, or it might gobble up RAM like cookie monster at a bake sale… Picking a cheaper VPS package that starves your code of RAM will cause the VPS to temporarily store data that should be in RAM to the storage drive which will slow down performance across the board. If you are using off-the-shelf software, make sure to check your software vendor’s RAM requirements and choose an adequate VPS setup accordingly. Any modern install of Windows Server should have 2-4Gbs of RAM minimum. A command line app running on Linux might only need 512Mb of RAM. A good rule for mission critical software is to err on the side of caution and get a little more than you think you need just to be safe. OS - Do you need your software to run on Windows or Linux? Windows will require more system resources upfront but has more retail trading software available for it. Windows will also typically be more expensive for VPS’ of the same configuration given Microsoft charges a license fee. Linux, on the other hand, not only can be stripped right down to be very light on system resources (and thus, not require as expensive of a VPS package to run,) but also doesn’t come with the same licensing costs.

FXGears Trading Community Log inRegister Forums Trading Automated Trading Virtual Private Servers (VPS) Thread starterjack Start dateSep 18, 2019 jack jack Administrator Staff member Sep 18, 2019 #1 This info, table, and other resources on VPS services, as well as recommended providers, has been migrated to our new trader resource wiki https://volatility.red (more info below, some general material was left here for reference.) Are you algo trading? Have you written a custom trading bot? Did you buy into an MT4 or MT5 expert advisor? Or maybe you just want to collect data without running your home PC 24 hours a day? If so, a VPS might just be for you! Main considerations: Latency - This is a measurement of time, specifically the time it takes requests from your VPS to be received by your desired broker or exchange. Often overlooked is the latency measured between your data source and your VPS, which may add to overall delay in executing your strategy. For example, you might be lightening fast executing trades, but if price data is delayed by a tenth of a second that will slow down your algos ability to made decisions in live markets. It’s a good idea to start with a month long contract with more than one VPS providers (or use a free trial) and test out latency should your strategy be sensitive to execution delays. RAM - Your custom code might run right, or it might gobble up RAM like cookie monster at a bake sale… Picking a cheaper VPS package that starves your code of RAM will cause the VPS to temporarily store data that should be in RAM to the storage drive which will slow down performance across the board. If you are using off-the-shelf software, make sure to check your software vendor’s RAM requirements and choose an adequate VPS setup accordingly. Any modern install of Windows Server should have 2-4Gbs of RAM minimum. A command line app running on Linux might only need 512Mb of RAM. A good rule for mission critical software is to err on the side of caution and get a little more than you think you need just to be safe. OS - Do you need your software to run on Windows or Linux? Windows will require more system resources upfront but has more retail trading software available for it. Windows will also typically be more expensive for VPS’ of the same configuration given Microsoft charges a license fee. Linux, on the other hand, not only can be stripped right down to be very light on system resources (and thus, not require as expensive of a VPS package to run,) but also doesn’t come with the same licensing costs.

MetaTrader 4 (MT4) freezing can disrupt trading activities, causing frustration and potential losses. Identify the causes and apply solutions to prevent or resolve MT4 freezing. _Common Causes:_ 1. Insufficient computer resources (RAM, CPU, disk space). 2. Overloaded charts and indicators. 3. Poor internet connection or server issues. 4. Corrupted files or software glitches. 5. Incompatible operating system or hardware. 6. Malware or virus infections. 7. Outdated MT4 version. _Solutions:_ 1. Upgrade computer hardware (RAM, CPU). 2. Close unnecessary charts and indicators. 3. Optimize chart settings (reduce timeframe, disable unnecessary features). 4. Check internet connection and server status. 5. Reinstall or update MT4. 6. Run virus scans and malware removal tools. 7. Ensure compatible operating system and hardware. _Troubleshooting Steps:_ 1. Restart MT4 and computer. 2. Disable all expert advisors (EAs) and indicators. 3. Check Event Log for error messages. 4. Verify VPS (Virtual Private Server) connection. 5. Contact broker's support team. _Prevention Measures:_ 1. Regularly update MT4. 2. Monitor system resources. 3. Use reputable antivirus software. 4. Avoid overloading charts. 5. Use a reliable VPS. By applying these solutions and preventive measures, traders can minimize MT4 freezing and ensure seamless trading experiences.

MetaTrader 4 (MT4) freezing can disrupt trading activities, causing frustration and potential losses. Identify the causes and apply solutions to prevent or resolve MT4 freezing. _Common Causes:_ 1. Insufficient computer resources (RAM, CPU, disk space). 2. Overloaded charts and indicators. 3. Poor internet connection or server issues. 4. Corrupted files or software glitches. 5. Incompatible operating system or hardware. 6. Malware or virus infections. 7. Outdated MT4 version. _Solutions:_ 1. Upgrade computer hardware (RAM, CPU). 2. Close unnecessary charts and indicators. 3. Optimize chart settings (reduce timeframe, disable unnecessary features). 4. Check internet connection and server status. 5. Reinstall or update MT4. 6. Run virus scans and malware removal tools. 7. Ensure compatible operating system and hardware. _Troubleshooting Steps:_ 1. Restart MT4 and computer. 2. Disable all expert advisors (EAs) and indicators. 3. Check Event Log for error messages. 4. Verify VPS (Virtual Private Server) connection. 5. Contact broker's support team. _Prevention Measures:_ 1. Regularly update MT4. 2. Monitor system resources. 3. Use reputable antivirus software. 4. Avoid overloading charts. 5. Use a reliable VPS. By applying these solutions and preventive measures, traders can minimize MT4 freezing and ensure seamless trading experiences.

Jack discusses the importance of using demo accounts to learn forex trading, emphasizing that while demos help familiarize traders with platforms, they do not fully prepare them for live trading. He compares the two major platforms: MetaTrader (MT4 and MT5) and cTrader. **MetaTrader (MT4 and MT5)** - **MT4 Pros**: Extensive community support, simpler coding language (MQL4), more brokers support. - **MT4 Cons**: Limited to 32-bit, lacks native ECN support. - **MT5 Pros**: Supports exchanges/ECNs, utilizes multiple cores for backtesting. - **MT5 Cons**: Similar interface to MT4, limited DOM features. **cTrader** - **Pros**: Modern, customizable interface, full support for Mac, C# based algo system. - **Cons**: Smaller community, fewer broker options. Jack recommends using Pepperstone for both MT4/MT5 and cTrader demo accounts due to its strong customer support and flexibility in creating multiple demo accounts.

Jack discusses the importance of using demo accounts to learn forex trading, emphasizing that while demos help familiarize traders with platforms, they do not fully prepare them for live trading. He compares the two major platforms: MetaTrader (MT4 and MT5) and cTrader. **MetaTrader (MT4 and MT5)** - **MT4 Pros**: Extensive community support, simpler coding language (MQL4), more brokers support. - **MT4 Cons**: Limited to 32-bit, lacks native ECN support. - **MT5 Pros**: Supports exchanges/ECNs, utilizes multiple cores for backtesting. - **MT5 Cons**: Similar interface to MT4, limited DOM features. **cTrader** - **Pros**: Modern, customizable interface, full support for Mac, C# based algo system. - **Cons**: Smaller community, fewer broker options. Jack recommends using Pepperstone for both MT4/MT5 and cTrader demo accounts due to its strong customer support and flexibility in creating multiple demo accounts.

BTC (Bitcoin) and BCH (Bitcoin Cash) are both cryptocurrencies that originated from the same blockchain. Here's a summary of the main differences: BTC (Bitcoin): - The original cryptocurrency created by Satoshi Nakamoto - Limited supply of 21 million coins - Blocks have a limited size of 1 MB, leading to higher transaction fees and slower processing times - Focuses on security and decentralization - Uses Segregated Witness (SegWit) technology to increase block capacity BCH (Bitcoin Cash): - A fork of the Bitcoin blockchain that occurred in 2017 - Increased block size limit to 32 MB, allowing for faster and cheaper transactions - Easier to use and more accessible to new users - Focuses on scalability and usability - Has a larger block size limit, which allows for more transactions to be processed per block In summary, BTC prioritizes security and decentralization, while BCH prioritizes scalability and usability. It's important to note that both cryptocurrencies have their own unique features and use cases, and the choice between them depends on individual preferences and needs.

BTC (Bitcoin) and BCH (Bitcoin Cash) are both cryptocurrencies that originated from the same blockchain. Here's a summary of the main differences: BTC (Bitcoin): - The original cryptocurrency created by Satoshi Nakamoto - Limited supply of 21 million coins - Blocks have a limited size of 1 MB, leading to higher transaction fees and slower processing times - Focuses on security and decentralization - Uses Segregated Witness (SegWit) technology to increase block capacity BCH (Bitcoin Cash): - A fork of the Bitcoin blockchain that occurred in 2017 - Increased block size limit to 32 MB, allowing for faster and cheaper transactions - Easier to use and more accessible to new users - Focuses on scalability and usability - Has a larger block size limit, which allows for more transactions to be processed per block In summary, BTC prioritizes security and decentralization, while BCH prioritizes scalability and usability. It's important to note that both cryptocurrencies have their own unique features and use cases, and the choice between them depends on individual preferences and needs.

FXGears Trading Community Log inRegister Forums Tools of the Trade Indicators and Charting Central Bank Dealers Range Indicator Thread starterHopiplaka Start dateMay 14, 2014 1 of 9 Next Last Hopiplaka Hopiplaka My thanks go out to ICT - the life changer May 14, 2014 #1 Hi All, I've created 4 central bank dealers range indicators (MT4 build 600 and up) and want to share it with you. You can download the indicators here: CBDR DAILY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR.ex4 CBDR WEEKLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_WEEKLY.ex4 CBDR MONTHLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_MONTHLY.ex4 CBDR YEARLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_YEARLY.ex4 The timeframe to calculate the DAILY CDR is 18:00-00:00 GMT. It is capable to overflow to the next day, unlike the ICT Asian Range indicator. Follow properties can be set: Draw the Dealer Range for this number of days: Apart from today, how many days in the past do you want to draw the lines for HourDifferenceFromGMT: Leave this to 0 if on GMT (Forex Ltd), choose -4 in DST for Oanda (and EST brokers) and -5 when no DST. Choose 3 for Pepperstone Colors for the CBR and STD lines buy and sell zones The width and line styles Show the STD 2 and 3 lines Start hour in GMT of the STD lines ExtendHours: Until what GMT time do you want to draw the lines. Defaults to 18, which is to the next dealer range Show vertical lines for kill zones: Asian KZ, London Open KZ, New York Open KZ, Take Profit KZ Short LO and NYO KZ: 7-10GMT and 12-14GMT instead of 11-14GMT Some people only want to draw the STD lines during the LO session. For this set: Start hour in GMT of STD Lines to 6 or 7 (for the sort Kill Zones) Extend the STD lines until what GMT time to 10 By default the STD2 and STD3 lines are draw with a line width > 1. On MT4, when the line width > 1 the lines will be draw SOLID always. You need to put the indicator in your indicator folder of your MT4 installation. Check out following article in order to know how to do this: http://en.tradimo.com/learn/metatrader-4/install-custom-indicator

FXGears Trading Community Log inRegister Forums Tools of the Trade Indicators and Charting Central Bank Dealers Range Indicator Thread starterHopiplaka Start dateMay 14, 2014 1 of 9 Next Last Hopiplaka Hopiplaka My thanks go out to ICT - the life changer May 14, 2014 #1 Hi All, I've created 4 central bank dealers range indicators (MT4 build 600 and up) and want to share it with you. You can download the indicators here: CBDR DAILY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR.ex4 CBDR WEEKLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_WEEKLY.ex4 CBDR MONTHLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_MONTHLY.ex4 CBDR YEARLY: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR_YEARLY.ex4 The timeframe to calculate the DAILY CDR is 18:00-00:00 GMT. It is capable to overflow to the next day, unlike the ICT Asian Range indicator. Follow properties can be set: Draw the Dealer Range for this number of days: Apart from today, how many days in the past do you want to draw the lines for HourDifferenceFromGMT: Leave this to 0 if on GMT (Forex Ltd), choose -4 in DST for Oanda (and EST brokers) and -5 when no DST. Choose 3 for Pepperstone Colors for the CBR and STD lines buy and sell zones The width and line styles Show the STD 2 and 3 lines Start hour in GMT of the STD lines ExtendHours: Until what GMT time do you want to draw the lines. Defaults to 18, which is to the next dealer range Show vertical lines for kill zones: Asian KZ, London Open KZ, New York Open KZ, Take Profit KZ Short LO and NYO KZ: 7-10GMT and 12-14GMT instead of 11-14GMT Some people only want to draw the STD lines during the LO session. For this set: Start hour in GMT of STD Lines to 6 or 7 (for the sort Kill Zones) Extend the STD lines until what GMT time to 10 By default the STD2 and STD3 lines are draw with a line width > 1. On MT4, when the line width > 1 the lines will be draw SOLID always. You need to put the indicator in your indicator folder of your MT4 installation. Check out following article in order to know how to do this: http://en.tradimo.com/learn/metatrader-4/install-custom-indicator

Trailing stops are a valuable risk management tool, helping traders lock in profits and reduce losses. By understanding how trailing stops work and adjusting them to market conditions, traders can optimize their trading strategies. 1. Trailing stops adjust automatically to lock in profits. 2. Choose percentage-based or fixed-dollar amount trailing stops. 3. Consider market volatility and liquidity. 4. Adjust trailing stops according to market conditions. 5. Combine trailing stops with other risk management strategies.

Trailing stops are a valuable risk management tool, helping traders lock in profits and reduce losses. By understanding how trailing stops work and adjusting them to market conditions, traders can optimize their trading strategies. 1. Trailing stops adjust automatically to lock in profits. 2. Choose percentage-based or fixed-dollar amount trailing stops. 3. Consider market volatility and liquidity. 4. Adjust trailing stops according to market conditions. 5. Combine trailing stops with other risk management strategies.

Regarding the FreqDist_upper wick and FreqDist_lower wick indicators, would it be possible for you to add the filter/option of "Only up days" and "Only down days" ?

Regarding the FreqDist_upper wick and FreqDist_lower wick indicators, would it be possible for you to add the filter/option of "Only up days" and "Only down days" ?

Here's a summary of common ICT (Information and Communication Technology) concepts: 1. Hardware: Physical components of a computer system, such as CPU, memory, and storage. 2. Software: Programs and operating systems that run on hardware, including applications and system software. 3. Networking: Connection of devices to share resources, communicate, and exchange data. 4. Database Management: Organizing, storing, and retrieving data in a structured and controlled manner. 5. Security: Protecting computer systems, networks, and data from unauthorized access, use, disclosure, disruption, modification, or destruction. 6. Cloud Computing: On-demand delivery of computing resources, applications, and services over the internet. 7. Artificial Intelligence (AI): Development of intelligent systems that perform tasks that typically require human intelligence, such as learning, problem-solving, and decision-making. 8. Internet of Things (IoT): Network of physical devices, vehicles, buildings, and other items that are embedded with sensors, software, and connectivity. 9. Cybersecurity: Practices, technologies, and processes designed to protect digital information, computer systems, and networks from cyber threats. 10. Data Analytics: Process of examining data sets to draw conclusions and identify patterns, trends, and insights. 11. E-commerce: Buying and selling goods and services online through digital platforms. 12. Telecommunications: Transmission and reception of information over distance through various electronic means, such as phone, internet, and television. These ICT concepts are fundamental to understanding the digital world and its various technologies, applications, and implications.

Here's a summary of common ICT (Information and Communication Technology) concepts: 1. Hardware: Physical components of a computer system, such as CPU, memory, and storage. 2. Software: Programs and operating systems that run on hardware, including applications and system software. 3. Networking: Connection of devices to share resources, communicate, and exchange data. 4. Database Management: Organizing, storing, and retrieving data in a structured and controlled manner. 5. Security: Protecting computer systems, networks, and data from unauthorized access, use, disclosure, disruption, modification, or destruction. 6. Cloud Computing: On-demand delivery of computing resources, applications, and services over the internet. 7. Artificial Intelligence (AI): Development of intelligent systems that perform tasks that typically require human intelligence, such as learning, problem-solving, and decision-making. 8. Internet of Things (IoT): Network of physical devices, vehicles, buildings, and other items that are embedded with sensors, software, and connectivity. 9. Cybersecurity: Practices, technologies, and processes designed to protect digital information, computer systems, and networks from cyber threats. 10. Data Analytics: Process of examining data sets to draw conclusions and identify patterns, trends, and insights. 11. E-commerce: Buying and selling goods and services online through digital platforms. 12. Telecommunications: Transmission and reception of information over distance through various electronic means, such as phone, internet, and television. These ICT concepts are fundamental to understanding the digital world and its various technologies, applications, and implications.

I am looking to using market and volume profiles in my strategy to get more confirmation on the trades I am taking. Please can anyone share some info on how they would recommend using these tool? Thanks

I am looking to using market and volume profiles in my strategy to get more confirmation on the trades I am taking. Please can anyone share some info on how they would recommend using these tool? Thanks

MetaTrader 4 is a Windows based application, however, it can be installed on Fedora Workstation 26 and other Linux distributions with the use of software called Wine. Wine aims to reproduce the Windows libraries required to run Windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for OpenSuSE Leap 42.3.. your mileage may very on other Linux distros, but do check the Execution Platforms forum for more HOWTOs with other distros. With the default install of OpenSuSE Leap 42.3, Wine is not pre-installed and must be installed manually. Luckily, OpenSuSE not only has Wine available from the distribution's package manager, but it's a version of Wine that's compatible with MT4. To install Wine, we must launch YaST, which is OpenSuSE's system administration application. From there, we are going to select the "Software" tab on the left side navigational panel, and then select "Software Management" as seen here

MetaTrader 4 is a Windows based application, however, it can be installed on Fedora Workstation 26 and other Linux distributions with the use of software called Wine. Wine aims to reproduce the Windows libraries required to run Windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for OpenSuSE Leap 42.3.. your mileage may very on other Linux distros, but do check the Execution Platforms forum for more HOWTOs with other distros. With the default install of OpenSuSE Leap 42.3, Wine is not pre-installed and must be installed manually. Luckily, OpenSuSE not only has Wine available from the distribution's package manager, but it's a version of Wine that's compatible with MT4. To install Wine, we must launch YaST, which is OpenSuSE's system administration application. From there, we are going to select the "Software" tab on the left side navigational panel, and then select "Software Management" as seen here

The article discusses two key points to help traders improve their performance: 1. Remove dollar signs from your view while trading: - Stop focusing on profit and loss (P/L) in terms of dollars. - Instead, focus on making pips/ticks/points (non-monetary units). - This helps remove emotional attachment to money and avoids impulsive decisions. 2. Set non-monetary goals: - Break down large goals into smaller, achievable tasks. - Focus on progress, not monetary gains. - Avoid setting monetary goals (e.g., "I want to make $X per day") as they lead to pressure and impulsive decisions. - Set goals in terms of points/pips/ticks, not dollars. By implementing these strategies, traders can: - Reduce emotional attachment to money - Avoid impulsive decisions - Focus on progress, not monetary gains - Improve their overall trading performance Remember, "normal" tendencies in trading often lead to reduced returns or failure. By adopting these unconventional approaches, traders can gain an edge in the markets.

The article discusses two key points to help traders improve their performance: 1. Remove dollar signs from your view while trading: - Stop focusing on profit and loss (P/L) in terms of dollars. - Instead, focus on making pips/ticks/points (non-monetary units). - This helps remove emotional attachment to money and avoids impulsive decisions. 2. Set non-monetary goals: - Break down large goals into smaller, achievable tasks. - Focus on progress, not monetary gains. - Avoid setting monetary goals (e.g., "I want to make $X per day") as they lead to pressure and impulsive decisions. - Set goals in terms of points/pips/ticks, not dollars. By implementing these strategies, traders can: - Reduce emotional attachment to money - Avoid impulsive decisions - Focus on progress, not monetary gains - Improve their overall trading performance Remember, "normal" tendencies in trading often lead to reduced returns or failure. By adopting these unconventional approaches, traders can gain an edge in the markets.

Hello FXGearheads, As many of you know, I run this site in my spare time and at my own cost. As the site gained popularity, and with the added chat feature, the cost of running the site has grown (both in hard cost and time.) The chat alone counts for a noticeable portion of the costs given how it's implemented, hence why it has yet to be added to the main menu or promoted as a feature. So to help keep the site open and running, I will be experimenting with monetization (ads.) To be clear: This is to cover the site's operational costs, and to help grow the site (through hiring of developers to add new features as the requirement arises.) This will also serve to promote the chat as well, as any additional hosting cost would be covered as the chat room usage grows. I encourage everyone who dislikes this idea to install Adblock for Chrome or Firefox (if you use Edge browser, you deserve to see ads anyway.)

Hello FXGearheads, As many of you know, I run this site in my spare time and at my own cost. As the site gained popularity, and with the added chat feature, the cost of running the site has grown (both in hard cost and time.) The chat alone counts for a noticeable portion of the costs given how it's implemented, hence why it has yet to be added to the main menu or promoted as a feature. So to help keep the site open and running, I will be experimenting with monetization (ads.) To be clear: This is to cover the site's operational costs, and to help grow the site (through hiring of developers to add new features as the requirement arises.) This will also serve to promote the chat as well, as any additional hosting cost would be covered as the chat room usage grows. I encourage everyone who dislikes this idea to install Adblock for Chrome or Firefox (if you use Edge browser, you deserve to see ads anyway.)

The foreign exchange market, also known as the Forex market, is a complex and dynamic environment where currencies are traded. Within this market, market microstructure plays a crucial role in shaping the behavior of market participants and the resulting price movements. In this article, we will delve into the components of market microstructure in Forex, the factors that influence it, and its significance in understanding the market. Components of Market Microstructure in Forex Market microstructure in Forex comprises several key components that interact to form the market's underlying structure. These components include: 1. Order Flow: The study of the flow of buy and sell orders, including the type of orders, their size, and their impact on the market. 2. Liquidity: The ability to buy or sell a currency pair quickly and at a stable price, without significantly affecting the market price. 3. Volatility: The extent of price movements in the market, which can be measured using various indicators such as the Average True Range (ATR). 4. Market Participants: The analysis of the different types of market participants, including retail traders, institutional investors, and market makers. 5. Information Asymmetry: The study of how different market participants have access to different levels of information, which can impact their trading decisions. 6. Price Discovery: The process by which the market determines the price of a currency pair, based on the interaction of supply and demand. 7. Market Efficiency: The extent to which the market reflects all available information, making it difficult to achieve returns in excess of the market's average. Factors Influencing Market Microstructure in Forex Several factors influence market microstructure in Forex, including: 1. Economic Indicators: Releases of economic data, such as GDP and inflation rates, can impact market sentiment and price movements. 2. Central Bank Actions: Decisions by central banks, such as interest rate changes and quantitative easing, can significantly impact the market. 3. Political Events: Political instability and major political events can impact market sentiment and price movements. 4. Market Sentiment: The overall attitude of market participants towards the market, which can be measured using various indicators such as the Fear and Greed Index. 5. Technical Analysis: The study of price movements and patterns, which can impact market sentiment and price movements. Significance of Market Microstructure in Forex Understanding market microstructure in Forex is essential for traders and investors, as it provides valuable insights into the market's behavior and dynamics. By analyzing market microstructure, market participants can: 1. Better understand the market's underlying dynamics 2. Identify potential trading opportunities 3. Develop more effective trading strategies 4. Manage risk more effectively 5. Improve their overall trading performance Market microstructure in Forex is a complex and multifaceted topic that requires a comprehensive understanding of its components and factors. By analyzing market microstructure, traders and investors can gain a deeper understanding of the market and make more informed trading decisions. Remember, market microstructure is a constantly evolving field, and staying up-to-date with the latest research and developments is essential for success in the Forex market.

The foreign exchange market, also known as the Forex market, is a complex and dynamic environment where currencies are traded. Within this market, market microstructure plays a crucial role in shaping the behavior of market participants and the resulting price movements. In this article, we will delve into the components of market microstructure in Forex, the factors that influence it, and its significance in understanding the market. Components of Market Microstructure in Forex Market microstructure in Forex comprises several key components that interact to form the market's underlying structure. These components include: 1. Order Flow: The study of the flow of buy and sell orders, including the type of orders, their size, and their impact on the market. 2. Liquidity: The ability to buy or sell a currency pair quickly and at a stable price, without significantly affecting the market price. 3. Volatility: The extent of price movements in the market, which can be measured using various indicators such as the Average True Range (ATR). 4. Market Participants: The analysis of the different types of market participants, including retail traders, institutional investors, and market makers. 5. Information Asymmetry: The study of how different market participants have access to different levels of information, which can impact their trading decisions. 6. Price Discovery: The process by which the market determines the price of a currency pair, based on the interaction of supply and demand. 7. Market Efficiency: The extent to which the market reflects all available information, making it difficult to achieve returns in excess of the market's average. Factors Influencing Market Microstructure in Forex Several factors influence market microstructure in Forex, including: 1. Economic Indicators: Releases of economic data, such as GDP and inflation rates, can impact market sentiment and price movements. 2. Central Bank Actions: Decisions by central banks, such as interest rate changes and quantitative easing, can significantly impact the market. 3. Political Events: Political instability and major political events can impact market sentiment and price movements. 4. Market Sentiment: The overall attitude of market participants towards the market, which can be measured using various indicators such as the Fear and Greed Index. 5. Technical Analysis: The study of price movements and patterns, which can impact market sentiment and price movements. Significance of Market Microstructure in Forex Understanding market microstructure in Forex is essential for traders and investors, as it provides valuable insights into the market's behavior and dynamics. By analyzing market microstructure, market participants can: 1. Better understand the market's underlying dynamics 2. Identify potential trading opportunities 3. Develop more effective trading strategies 4. Manage risk more effectively 5. Improve their overall trading performance Market microstructure in Forex is a complex and multifaceted topic that requires a comprehensive understanding of its components and factors. By analyzing market microstructure, traders and investors can gain a deeper understanding of the market and make more informed trading decisions. Remember, market microstructure is a constantly evolving field, and staying up-to-date with the latest research and developments is essential for success in the Forex market.

MetaTrader 4 is a Windows based application, however, it can be installed on Linux Mint 19 and other Linux distributions with the use of software called Wine. Wine aims to reproduce the Windows libraries required to run Windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for Linux Mint 19.. your mileage may very on other Linux distros, but do check the Execution Platforms forum for more HOWTOs with other distros. Unlike previous versions of Linux Mint, Linux Mint 19's default version of Wine can run MetaTrader 4. In the past we had to add our own source for Wine, but that's no longer needed. Let's start by installing wine. Launch a terminal instance by pressing your home key (or clicking the "LM" menu button on your task bar,) and typing in Terminal. (Or, use the Ctrl+Alt+T desktop shortcut.)

MetaTrader 4 is a Windows based application, however, it can be installed on Linux Mint 19 and other Linux distributions with the use of software called Wine. Wine aims to reproduce the Windows libraries required to run Windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for Linux Mint 19.. your mileage may very on other Linux distros, but do check the Execution Platforms forum for more HOWTOs with other distros. Unlike previous versions of Linux Mint, Linux Mint 19's default version of Wine can run MetaTrader 4. In the past we had to add our own source for Wine, but that's no longer needed. Let's start by installing wine. Launch a terminal instance by pressing your home key (or clicking the "LM" menu button on your task bar,) and typing in Terminal. (Or, use the Ctrl+Alt+T desktop shortcut.)

High Frequency Trading (HFT) in Forex refers to the use of sophisticated algorithms and high-speed computers to execute trades at extremely high speeds, often in fractions of a second. HFT strategies are designed to take advantage of small price discrepancies across different markets and exchanges, and to capitalize on market inefficiencies. Types of HFT Strategies in Forex: 1. Market Making: Providing liquidity to the market by simultaneously buying and selling currencies. 2. Trend Following: Identifying and following market trends using technical indicators and algorithms. 3. Statistical Arbitrage: Exploiting price discrepancies between two or more currencies. 4. Mean Reversion: Identifying overbought or oversold conditions and betting on a return to historical means. 5. Latency Arbitrage: Exploiting delays in price quotes between different markets and exchanges. Benefits of HFT in Forex: 1. Increased Liquidity: HFT algorithms can provide liquidity to the market, reducing spreads and improving execution speeds. 2. Improved Price Efficiency: HFT can help eliminate price discrepancies and promote more efficient markets. 3. Enhanced Market Stability: HFT algorithms can help reduce market volatility by quickly absorbing and processing large orders. Challenges and Risks of HFT in Forex: 1. Market Impact: HFT algorithms can significantly impact market prices, potentially leading to market instability. 2. Flash Crashes: HFT algorithms can contribute to sudden and extreme market movements, known as flash crashes. 3. Regulatory Challenges: HFT is often criticized for its lack of transparency and potential for market manipulation. 4. Systemic Risk: HFT algorithms can create systemic risk if they are not properly managed and regulated. Regulation of HFT in Forex: 1. Dodd-Frank Act (2010): Imposed stricter regulations on HFT in the US. 2. MiFID II (2018): Introduced stricter regulations on HFT in the EU. 3. Global Code of Conduct (2017): Established guidelines for HFT practices globally. High Frequency Trading in Forex is a complex and controversial topic. While HFT can provide benefits such as increased liquidity and improved price efficiency, it also poses significant challenges and risks, including market impact, flash crashes, and systemic risk. As the Forex market continues to evolve, it is essential to address these concerns through effective regulation and market oversight.

High Frequency Trading (HFT) in Forex refers to the use of sophisticated algorithms and high-speed computers to execute trades at extremely high speeds, often in fractions of a second. HFT strategies are designed to take advantage of small price discrepancies across different markets and exchanges, and to capitalize on market inefficiencies. Types of HFT Strategies in Forex: 1. Market Making: Providing liquidity to the market by simultaneously buying and selling currencies. 2. Trend Following: Identifying and following market trends using technical indicators and algorithms. 3. Statistical Arbitrage: Exploiting price discrepancies between two or more currencies. 4. Mean Reversion: Identifying overbought or oversold conditions and betting on a return to historical means. 5. Latency Arbitrage: Exploiting delays in price quotes between different markets and exchanges. Benefits of HFT in Forex: 1. Increased Liquidity: HFT algorithms can provide liquidity to the market, reducing spreads and improving execution speeds. 2. Improved Price Efficiency: HFT can help eliminate price discrepancies and promote more efficient markets. 3. Enhanced Market Stability: HFT algorithms can help reduce market volatility by quickly absorbing and processing large orders. Challenges and Risks of HFT in Forex: 1. Market Impact: HFT algorithms can significantly impact market prices, potentially leading to market instability. 2. Flash Crashes: HFT algorithms can contribute to sudden and extreme market movements, known as flash crashes. 3. Regulatory Challenges: HFT is often criticized for its lack of transparency and potential for market manipulation. 4. Systemic Risk: HFT algorithms can create systemic risk if they are not properly managed and regulated. Regulation of HFT in Forex: 1. Dodd-Frank Act (2010): Imposed stricter regulations on HFT in the US. 2. MiFID II (2018): Introduced stricter regulations on HFT in the EU. 3. Global Code of Conduct (2017): Established guidelines for HFT practices globally. High Frequency Trading in Forex is a complex and controversial topic. While HFT can provide benefits such as increased liquidity and improved price efficiency, it also poses significant challenges and risks, including market impact, flash crashes, and systemic risk. As the Forex market continues to evolve, it is essential to address these concerns through effective regulation and market oversight.

Crypto market trends involve identifying patterns and shifts in the cryptocurrency market. Analysis includes studying charts, news, and social media sentiment. Traders should stay informed about regulatory changes, adoption rates, and global economic conditions.

Crypto market trends involve identifying patterns and shifts in the cryptocurrency market. Analysis includes studying charts, news, and social media sentiment. Traders should stay informed about regulatory changes, adoption rates, and global economic conditions.