业内

Pivot calculation method

it's the numbers that count here. Your two pivots at 1.6773 and 1.6800 are far enough apart to be coming from different data as opposed to different calculation methods. I know you have the same data of course, what I mean is that the indicator is possibly reading different data into the monthly (in this case) period. Perhaps ICT's version determines start and end of periods in a non-standard way or - gasp! - it may even contain an error. On the other hand, they are also close enough for the difference to be related to calculation method. Maybe whoever wrote ICT's version just likes rounding :)) Jokes aside, at the end of the day I can only say that mine uses standard techniques of programming and calculation methods and has no errors in deriving or accurately displaying the levels. The other version is just different. Neither can claim superiority. You can determine superiority based on what works for you. ;) As an exercise to show how little this matters I placed ICT's version (which I already had) on my chart and the monthly pivot is at 1.6798. (I assume we are both talking about GBPUSD.) This is reassuringly close to your 1.6800 but not the same. The indicator I built for you comes in at 1.6774 and a quick look under the hood revealed that this is rounded from 1.67737 so there may be little more than a whisker between our data sets. A classic case of "the same but different" at every turn. I then changed the calculation method from standard to alternate (adds the open value to the pivot calculation and divides by 4) and dropped it onto the same chart to get a comparison. The differences are significant. A lot of traders use the alternate version in preference to the standard, for various reasons. Take a look at the differences.

2024-09-21 16:02

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业内

Installing Indicators in MacOSx

Installing Indicators in MetaTrader 4 (MT4) on MacOSX *Step-by-Step Guide:* *Method 1: Installing through MT4 Platform* 1. Open MT4 on MacOSX. 2. Click on "File" > "Open Data Folder". 3. Navigate to "MQL4" > "Indicators". 4. Download the indicator file (.mq4 or .ex4) from a reliable source. 5. Copy the indicator file to the "Indicators" folder. 6. Restart MT4. 7. Open the "Navigator" window (View > Navigator). 8. Find the installed indicator under "Custom Indicators". *Method 2: Installing through MQL4 Editor* 1. Open MQL4 Editor (comes bundled with MT4). 2. Click on "File" > "New" > "Indicator". 3. Paste the indicator code into the editor. 4. Compile the code (F7). 5. Save the indicator file (.mq4 or .ex4). 6. Follow steps 3-8 from Method 1. *Method 3: Using a Third-Party Installer* 1. Download a third-party installer (e.g., MT4 Indicator Installer). 2. Follow the installer's instructions. 3. Restart MT4. 4. Open the "Navigator" window. 5. Find the installed indicator under "Custom Indicators". *Troubleshooting:* 1. Ensure the indicator file is compatible with MT4. 2. Check for errors during compilation. 3. Verify the indicator is installed in the correct folder. 4. Restart MT4 after installation. *Popular Indicator Sources:* 1. MetaQuotes Market 2. TradingView 3. Forex Factory 4. MQL4 Community 5. MT4 Forums *Indicator File Types:* 1. .mq4 (source code) 2. .ex4 (compiled file) *MT4 Indicator Installation Video Tutorials:* 1. YouTube (MetaQuotes official channel) 2. TradingView tutorials 3. Forex Factory tutorials

2024-09-21 14:40

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业内

How to Connect Telegram signals with your MT4

Connecting Telegram Signals to MT4 Methods: 1. Telegram Bot API 2. MT4 EA (Expert Advisor) 3. Third-party services (e.g., Signal Provider, Telegram Bridge) 4. Manual copy-trading *Telegram Bot API:* 1. Create a Telegram bot using BotFather. 2. Obtain API token. 3. Use HTTP requests to send signals to MT4. *MT4 EA:* 1. Create or purchase an EA that integrates with Telegram. 2. Configure EA to receive signals from Telegram. 3. Set up EA to execute trades. *Third-party Services:* 1. Signal Provider: Connect Telegram signals to MT4 using Signal Provider. 2. Telegram Bridge: Integrates Telegram signals with MT4. *Manual Copy-Trading:* 1. Receive signals via Telegram. 2. Manually execute trades in MT4. *Step-by-Step Guide:* *Method 1: Telegram Bot API* 1. Create Telegram bot using BotFather. 2. Obtain API token. 3. Download and install MT4 EA (e.g., Telegram Signals EA). 4. Configure EA with API token and signal settings. 5. Start EA and receive signals. *Method 2: MT4 EA* 1. Purchase or create MT4 EA (e.g., Telegram Signals EA). 2. Configure EA to receive signals from Telegram. 3. Set up EA to execute trades. 4. Start EA and receive signals. *Method 3: Third-party Services* 1. Sign up for Signal Provider or Telegram Bridge. 2. Connect Telegram signals to MT4 using service. 3. Configure settings and start receiving signals. *Resources:* 1. Telegram Bot API documentation. 2. MT4 EA tutorials (YouTube). 3. Signal Provider and Telegram Bridge documentation. 4. Forex and trading communities (e.g., Reddit, Forex Factory). *Popular EAs:* 1. Telegram Signals EA. 2. Signal Provider EA. 3. Telegram Bridge EA. 4. MT4 Telegram Bot. *Popular Services:* 1. Signal Provider. 2. Telegram Bridge. 3. Forex Signals. 4. Trade Copier. Would you like more information on: 1. Setting up Telegram Bot API? 2. Configuring MT4 EA? 3. Third-party services? 4. Manual copy-trading? 5. Something else?

2024-09-21 14:34

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业内Install the Latest Metatrader4 on Ubuntu 18.04 LTS

MetaTrader 4 is a Windows based application, however, it can be installed on Ubuntu 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 Ubuntu 18.04 LTS.. your mileage may very on other Linux distros. With Ubuntu 18.04 LTS, Wine is not installed by default and thus we must install the latest wine from Ubuntu's repositories. Launch a terminal instance by pressing your home key (or clicking the Ubuntu menu button on your task bar,) and typing in Terminal. (Or, use the Ctrl+Alt+T desktop shortcut.) In the terminal, type the following command: First, let's remove any previous version of Wine that might be installed:

Phong Hồng Lê

2024-09-21 16:04

业内Pivot calculation method

it's the numbers that count here. Your two pivots at 1.6773 and 1.6800 are far enough apart to be coming from different data as opposed to different calculation methods. I know you have the same data of course, what I mean is that the indicator is possibly reading different data into the monthly (in this case) period. Perhaps ICT's version determines start and end of periods in a non-standard way or - gasp! - it may even contain an error. On the other hand, they are also close enough for the difference to be related to calculation method. Maybe whoever wrote ICT's version just likes rounding :)) Jokes aside, at the end of the day I can only say that mine uses standard techniques of programming and calculation methods and has no errors in deriving or accurately displaying the levels. The other version is just different. Neither can claim superiority. You can determine superiority based on what works for you. ;) As an exercise to show how little this matters I placed ICT's version (which I already had) on my chart and the monthly pivot is at 1.6798. (I assume we are both talking about GBPUSD.) This is reassuringly close to your 1.6800 but not the same. The indicator I built for you comes in at 1.6774 and a quick look under the hood revealed that this is rounded from 1.67737 so there may be little more than a whisker between our data sets. A classic case of "the same but different" at every turn. I then changed the calculation method from standard to alternate (adds the open value to the pivot calculation and divides by 4) and dropped it onto the same chart to get a comparison. The differences are significant. A lot of traders use the alternate version in preference to the standard, for various reasons. Take a look at the differences.

FX1824085384

2024-09-21 16:02

业内Forex trading strategy - 5forextrading

The USD rose to a three-week high on Friday as renewed trade uncertainty dampened investors’ appetite for danger. Overall, however, the sentiment is likely to hold risky assets. China and the United States continue to exercise on a trade deal that would eliminate the huge risks to the global economic outlook. The USD is likely to stay strong as trade tensions persist. While relative interest rates are not anticipated to further boost the USD in the short term, continued trade tensions and a global economic slowdown mean that the USD will rise further slightly in 2020. Despite the fact, the USD’s trade-weighted index is near its highest point since the early 2000s. On the other hand, preliminary data from the University of Michigan on Friday indicated that U.S. Consumer confidence grew more than expected this month and consumer trust in the economy increased slightly. Recent economic data have also been mostly better than expected. The U.S. Service sector activity index for October was higher than anticipated, while the job market remained solid and employment growth easily beat expectations last month.

笑忘书27509

2024-09-21 15:47

业内ForexTester FT5 Version

ForexTester FT5 Version Overview: ForexTester FT5 is a professional forex backtesting and trading simulation software. _Key Features:_ 1. Fast and accurate backtesting 2. Realistic trading simulation 3. Support for multiple data feeds 4. Customizable trading strategies 5. Advanced risk management tools 6. User-friendly interface 7. Compatible with MT4 and MT5 _New Features in FT5:_ 1. Multi-threaded backtesting 2. Improved data visualization 3. Enhanced strategy optimization 4. Automated trading journal 5. Integrated economic calendar 6. Advanced alert system 7. Support for cryptocurrencies _Benefits:_ 1. Improve trading strategy performance 2. Reduce risk with realistic simulation 3. Increase trading confidence 4. Enhance market analysis 5. Optimize trading parameters 6. Streamline trading workflow _System Requirements:_ 1. Windows 10/8/7 (64-bit) 2. Processor: 2 GHz or faster 3. RAM: 8 GB or more 4. Disk Space: 5 GB or more _Pricing:_ 1. Basic: $149 (1-year license) 2. Pro: $299 (lifetime license) 3. Premium: $499 (lifetime license + additional features) _Tutorials and Resources:_ 1. ForexTester official website 2. YouTube tutorials 3. User manual and guides 4. Forex forums and communities _Comparison with Other Backtesting Software:_ 1. MT4 Strategy Tester 2. TradingView Paper Trading 3. NinjaTrader Backtesting 4. Strategy Quantity

Phong Hồng Lê

2024-09-21 15:20

业内Installing Indicators in MacOSx

Installing Indicators in MetaTrader 4 (MT4) on MacOSX *Step-by-Step Guide:* *Method 1: Installing through MT4 Platform* 1. Open MT4 on MacOSX. 2. Click on "File" > "Open Data Folder". 3. Navigate to "MQL4" > "Indicators". 4. Download the indicator file (.mq4 or .ex4) from a reliable source. 5. Copy the indicator file to the "Indicators" folder. 6. Restart MT4. 7. Open the "Navigator" window (View > Navigator). 8. Find the installed indicator under "Custom Indicators". *Method 2: Installing through MQL4 Editor* 1. Open MQL4 Editor (comes bundled with MT4). 2. Click on "File" > "New" > "Indicator". 3. Paste the indicator code into the editor. 4. Compile the code (F7). 5. Save the indicator file (.mq4 or .ex4). 6. Follow steps 3-8 from Method 1. *Method 3: Using a Third-Party Installer* 1. Download a third-party installer (e.g., MT4 Indicator Installer). 2. Follow the installer's instructions. 3. Restart MT4. 4. Open the "Navigator" window. 5. Find the installed indicator under "Custom Indicators". *Troubleshooting:* 1. Ensure the indicator file is compatible with MT4. 2. Check for errors during compilation. 3. Verify the indicator is installed in the correct folder. 4. Restart MT4 after installation. *Popular Indicator Sources:* 1. MetaQuotes Market 2. TradingView 3. Forex Factory 4. MQL4 Community 5. MT4 Forums *Indicator File Types:* 1. .mq4 (source code) 2. .ex4 (compiled file) *MT4 Indicator Installation Video Tutorials:* 1. YouTube (MetaQuotes official channel) 2. TradingView tutorials 3. Forex Factory tutorials

Phong Hồng Lê

2024-09-21 14:40

业内 How to Connect Telegram signals with your MT4

Connecting Telegram Signals to MT4 Methods: 1. Telegram Bot API 2. MT4 EA (Expert Advisor) 3. Third-party services (e.g., Signal Provider, Telegram Bridge) 4. Manual copy-trading *Telegram Bot API:* 1. Create a Telegram bot using BotFather. 2. Obtain API token. 3. Use HTTP requests to send signals to MT4. *MT4 EA:* 1. Create or purchase an EA that integrates with Telegram. 2. Configure EA to receive signals from Telegram. 3. Set up EA to execute trades. *Third-party Services:* 1. Signal Provider: Connect Telegram signals to MT4 using Signal Provider. 2. Telegram Bridge: Integrates Telegram signals with MT4. *Manual Copy-Trading:* 1. Receive signals via Telegram. 2. Manually execute trades in MT4. *Step-by-Step Guide:* *Method 1: Telegram Bot API* 1. Create Telegram bot using BotFather. 2. Obtain API token. 3. Download and install MT4 EA (e.g., Telegram Signals EA). 4. Configure EA with API token and signal settings. 5. Start EA and receive signals. *Method 2: MT4 EA* 1. Purchase or create MT4 EA (e.g., Telegram Signals EA). 2. Configure EA to receive signals from Telegram. 3. Set up EA to execute trades. 4. Start EA and receive signals. *Method 3: Third-party Services* 1. Sign up for Signal Provider or Telegram Bridge. 2. Connect Telegram signals to MT4 using service. 3. Configure settings and start receiving signals. *Resources:* 1. Telegram Bot API documentation. 2. MT4 EA tutorials (YouTube). 3. Signal Provider and Telegram Bridge documentation. 4. Forex and trading communities (e.g., Reddit, Forex Factory). *Popular EAs:* 1. Telegram Signals EA. 2. Signal Provider EA. 3. Telegram Bridge EA. 4. MT4 Telegram Bot. *Popular Services:* 1. Signal Provider. 2. Telegram Bridge. 3. Forex Signals. 4. Trade Copier. Would you like more information on: 1. Setting up Telegram Bot API? 2. Configuring MT4 EA? 3. Third-party services? 4. Manual copy-trading? 5. Something else?

Phong Hồng Lê

2024-09-21 14:34

业内The 2 Shades of Gray in trading

Two Shades of Gray in Trading Definition: Two Shades of Gray is a trading strategy that focuses on identifying and exploiting market fluctuations within a defined range, rather than trying to predict market direction. _Key Principles:_ 1. Markets tend to trend only 20-30% of the time. 2. Remaining 70-80% of the time, markets consolidate or range. 3. Identify and trade within established ranges. 4. Focus on mean reversion strategies. _Types of Two Shades of Gray Strategies:_ 1. Range Trading 2. Mean Reversion 3. Statistical Arbitrage 4. Market Making 5. Order Flow Trading _Benefits:_ 1. Reduced risk through range-bound trading. 2. Increased trading opportunities in consolidating markets. 3. Ability to profit from market volatility. 4. Flexibility in adapting to changing market conditions. 5. Potential for high-risk adjusted returns. _Challenges:_ 1. Identifying reliable range boundaries. 2. Managing risk during breakout attempts. 3. Avoiding false signals. 4. Maintaining discipline in range-bound markets. 5. Adapting to shifting market regimes. _Indicators and Tools:_ 1. Bollinger Bands 2. Average True Range (ATR) 3. Relative Strength Index (RSI) 4. Moving Averages 5. Support and Resistance levels 6. Order Flow analysis 7. Market sentiment analysis _Successful Two Shades of Gray Traders:_ 1. Jesse Livermore 2. George Soros 3. Paul Tudor Jones 4. Ray Dalio 5. Steven Cohen

Phong Hồng Lê

2024-09-21 14:30

业内How to install Meta trader 4 on Fedora

MetaTrader 4 is a Windows based application, however, it can be installed on Fedora Workstation 26/27 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 Fedora Workstation 26/27.. 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 Fedora Workstation 26/27, Wine is not pre-installed and must be installed manually. Luckily, Fedora not only has Wine available from the distribution's package manager and online repositories, but it's a version of Wine that's compatible with MT4. We need to open a terminal (command line) to do this next step. By default Fedora uses the Gnome Desktop environment, so to find the terminal just click the 'Activities' menu in the top left of your desktop, and search for "terminal". To install wine, from within the terminal we first must switch to the root user and run the package management command to install wine from Fedora's repos:

Phong Hồng Lê

2024-09-21 14:04

业内HOWTO install Oanda Desktop (fxTrade) on Ubuntu 18

This HOWTO is for installing Oanda Desktop / fxTrade on the latest Ubuntu 18.04 LTS and Debian. Previously, you could launch Oanda's fxTrade directly from your browser in Linux so long as you had the right Java version and browser plugin installed. However, Oanda created a new web based trading platform and only offers fxTrade for desktop use. Many long running Oanda clients will prefer the fxTrade environment, so here's how to get fxTrade working on your Ubuntu or Debian Linux OS. First up, we will need to install a compatible version of Java. In the past when we wanted to run fxTrade directly from a browser plugin, we would use Oracle's Java. Oracle however, has gone full commercial with their Java implementation, and since we no longer need the browser plugin I'm going to suggest using the default OpenJDK Java implementation that comes with Debian/Ubuntu: All we have to do is enter the following commands in a terminal window to install OpenJDK: (To open a terminal window in Ubuntu's Unity desktop or Debian while using Gnome desktop, just do the key combination: CTRL+ALT+T)

Phong Hồng Lê

2024-09-21 13:56

业内NZD/JPY Price Analysis:

NZD/JPY Price Analysis: Bullish momentum remains, indicators gather strength. In Friday's session, the NZD/JPY continued its climb, propelled by a 0.90% rise to 89.80. This upward trajectory indicates that the pair is gaining strength following the recent consolidation above the 89.00 level. The pair is also riding a substantial winning streak and exhibiting signs of technical strength, amplifying the possibility of further advancements. Examining the Relative Strength Index (RSI), it is currently positioned at 54, suggesting that buying pressure is elevated and remains a driving force behind the pair's momentum. Additionally, the Moving Average Convergence Divergence (MACD) is painting a bullish picture, with rising green bars indicating increasing bullish momentum.

格桑·∝

2024-09-21 13:50

业内More About Volatility

Trading Volatility Definition: Volatility trading involves buying or selling financial instruments based on expected changes in price movement, rather than direction. _Types of Volatility Trading:_ 1. Implied Volatility (IV) Trading 2. Historical Volatility (HV) Trading 3. Realized Volatility (RV) Trading 4. Volatility Arbitrage 5. Options Volatility Trading _Volatility Indicators:_ 1. Bollinger Bands 2. Average True Range (ATR) 3. Volatility Index (VIX) 4. Standard Deviation 5. Donchian Channels _Volatility Trading Strategies:_ 1. Long Volatility: Buying options or volatility ETFs 2. Short Volatility: Selling options or volatility ETFs 3. Volatility Spread: Buying and selling options with different strike prices 4. Volatility Ratio: Trading volatility differences between assets 5. Straddle/Strangle: Buying calls and puts with same strike price _Benefits:_ 1. Potential for high returns 2. Hedging against market risk 3. Diversification 4. Trading opportunities in any market condition 5. Ability to profit from price movement _Risks:_ 1. High risk of losses 2. Time decay 3. Volatility fluctuations 4. Liquidity risks 5. Over-trading _Best Markets for Volatility Trading:_ 1. Forex 2. Options 3. Futures 4. Stocks 5. Cryptocurrencies _Volatility Trading Platforms:_ 1. MetaTrader 2. TradingView 3. NinjaTrader 4. Interactive Brokers 5. Thinkorswim

Phong Hồng Lê

2024-09-21 13:17

业内What happens after January depends on the next US

What happens after January depends on the next US administration – Rabobank Fed Chair Powell has given a clear signal for a rate cut in September. However, he has not given any hint about the size of the September cut, or the pace and size of the rate cuts after September, Rabobank’s macro strategists note. Expect only 25 bps in September “We expect the labor market to deteriorate further in the remainder of the year, leading to four consecutive rate cuts of 25 bps each in the upcoming four scheduled FOMC meetings: September, November, December and January. There is a substantial risk of a 50 bps cut at one of these meetings, including the September meeting, although it is not our baseline.” “Given the data so far, we expect only 25 bps in September. However, it is a close call. The lack of guidance from Powell could indicate that the FOMC has not reached a consensus yet. What’s more, Tuesday’s retail sales could still alter the calculus. However, last week’s CPI continues to point at persistence in core inflation.”

FX1814887815

2024-09-21 13:16

业内My Trading volatility/commodities

I am a new day-trader. My trades are 90% with commodities. Up until recently, my strategy seemed to be working fine and I had increased my capital by 20% in 6 weeks. Lately, it looks like every time I'm going bear, it'll turn around to bull and the other way round. Just to mention that I rarely get in a trade without waiting for some kind of confirmation, but despite that, it looks like after I see 2 or 3 bull bars with good volume and I enter the trade, it'll turn around and I'll end loosing it. So, in a few words, the charts go from bear to bull and the opposite way so fast and unexpectidly, that loosing a trade is nearly a 100% possibility. I am not sure why the past 3-4 weeks especially, it is an everyday occurence and as a result, my gains are close to zero. It had happened before, but as a new guy in the "game", I am unsure why it became so regular and my confidence is dropping as fast as my available trading capital. Any suggestions on how to turn this around?

Phong Hồng Lê

2024-09-21 13:14

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