Wednesday AUD/JPY strategy

Wednesday AUD/JPY strategy — this trading system exploits the certain tendency of AUD/JPY currency pair (Australian dollar vs. Japanese yen) to be statistically bearish during the pre-last hour before the rollover interest is applied on Wednesday. The particular day of the week was chosen because on Wednesday the rollover is tripled compared to normal days (Sunday and Saturday interests fall on Wednesday). It's unknown why AUD/JPY, a pair with a traditionally positive rollover interest, is sold 1-2 hours before the overnight swap is applied. Perhaps, traders (hedge funds) with big bullish positions prefer this time to partially close their positions without bothering the markets too much. This strategy has been implemented in a fully automated expert advisor for MT4/MT5 platform.

Features

• Fundamental base for trading.
• Very simple strategy.
• Statistically perfect.
• Only one trade per week.
• Jump-like changes in the interest rate may affect it.

Strategy Set-Up

1. Trade only on Wednesdays.
2. Open an hourly chart of AUD/JPY pair.

Entry Conditions

At 15:00 EST (GMT-5 or GMT-4 during daylight saving time) open a Short position.

No stop-loss or take-profit.

Exit Conditions

When the new bar opens (16:00 EST) close your position.

Example

Wednesday 2009-10-14	Wednesday 2009-10-21
Wednesday 2009-10-28	Wednesday 2009-11-04

The example charts show last four Wednesdays (October 14, 21, 28 and November 4, 2009). The H1 bar that occurred on 15:00 EST is marked with the red ellipse. I've checked each Wednesday from January 7 till November 4, 2009 and the statistical gain from selling during that hour was 400 pips after 44 weeks. That's ~9.1 pip per deal, which is above the average spread for AUD/JPY (5 pips). Of course, there are some Wednesdays when the strategy results in a loss, but in a long run, it's profitable.

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Scalping Forex Strategy

Scalping Forex strategy — is a simple trading system that relies on very close targets, extremely low stop-loss and a lot of positions opened and closed during a short period of time. Not all Forex brokers allow scalping and not all who allow are good to scalp with. Scalping may not be suitable for all traders and, personally, I do not recommend scalping to anyone. The most simple scalping Forex trading system is presented here.

    

 Features

• Nice profits for lucky (intuitive) traders.
• No need to pay attention to technical, fundamental or any other analysis.
• Spreads eat a big part of profit.
• Reward/risk ratio is usually too low.
• Not all Forex brokers allow scalping.
• Requires a lot of time for trading and monitoring.

How to Trade?

1. Currency pairs with a lot of intraday volatility but low spreads are recommended (EUR/JPY, GBP/USD, EUR/USD and USD/JPY are good examples).
2. M1 timeframe or lower is optimal.
3. Optimal trading time is during the European/U.S. and U.S./Asian trading sessions' intersection.
4. Prepare to enter the positions by closely monitoring the market activity for 5–15 minutes.
5. When you think that you "caught" the current short-term trend, enter a position.
6. Set stop-loss to about 10 pips.
7. The general rule for target profit is one or one-and-a-half spreads. Setting take-profit to such low levels (2–5 pips) is almost impossible, so you'll need to monitor the position to see the target profit and close it manually.

Example

No example chart is present for this trading system as there is nothing important to be shown on the chart. Let's view the following examples.

1. You open Long position on EUR/USD with 10 pips stop-loss and target for 4 pips of profit. After 20 second the position reaches 4 pips of profit and you close it.
2. You open Short position on GBP/USD with 10 pips stop-loss and target for 4 pips of profit. After 3–4 minutes the trend unexpectedly reverses and the position is closed by stop-loss.
3. You open Short position on USD/JPY with 10 pips stop-loss and target for 3 pips of profit. After about 1 minute the position reaches 4 pips of profit and you close it.
4. You open Long position on EUR/JPY with 10 pips stop-loss and target for 5 pips of profit. After 5 seconds the price spikes and the position reaches 12 pips of profit and you close it.
5. That's 10 pips of profit in less than 6 minutes. Of course, it's purely hypothetical.

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Combined Stochastic Oscillator/MA Trading Strategy

Combined Stochastic Oscillator/MA Forex trading strategy — is a relatively safe trading system that is based on the standard Stochastic Oscillator indicator in combination with the standard Exponential Moving Averages. You can use the moving averages as the general long-term trend indicator, while the stochastic will show you the short-term overbought/oversold states, where you can enter a successful pull-back trade.

Features

• Rather reliable.
• Trading with the trend.
• Isn't very easy to follow.
• No definite target/exit levels.

Strategy Set-Up

1. Any currency pair should work. Use D1 timeframe for the long-term trend detection with the Exponential Moving Averages and H1 timeframe for the short-term signal receiving with the Stochastic Oscillator.
2. Add 3 Exponential Moving Averages to the D1 chart, set periods to 50, 100 and 200.
3. Add a Stochastic Oscillator indicator to the H1 chart, set its %K period to 14, %D period to 3 and slowing to 3, use Close/Close price field, set overbought level to 90% and oversold level to 10%.

Entry Conditions

Enter Long position when the long-term trend is bullish (the D1 chart shows price above EMA50, EMA50 above EMA100 and EMA100 above EMA200) and the stochastic crosses the oversold level from below on H1 chart.

Enter Short position when the short-term trend is bearish (the D1 chart shows price below EMA50, EMA50 below EMA100 and EMA100 below EMA200) and the stochastic crosses the overbought level from above on H1 chart.

Exit Conditions

There are no definite SL/TP levels, but the recommended risk/reward ratio is 1/2.

A rather tight trailing stop should be maintained.

Example

Bearish trend:

Bullish trend:

On the example charts you can see the December 14, 2009 signals generated both for the bearish EUR/AUD and for the bullish AUD/CHF charts. As you see, the signal line for stochastic oscillator is the actual stochastic, not its MA. The exponential moving averages should form an almost perfect trend for the more accurate signals. In the Short position example both positions would hit a rather optimistic take-profit. In the Long position example the second trade would end with almost no loss if a tight trailing stop was used.

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Forex Over Drive

Utilizing our innovative system that was built from the best and brightest, utilizing advanced strategies, you can now EASILY profit through Forex Over Drive software, an automated forex trading robot that does all the work for you.

Forex Over Drive has been put into action hundreds and hundreds of times, successfully providing us profits over and over. The forex robot allows you to sit back relax and make money.

Unlike other forex robot software, Forex Over Drive, has been recently developed from years of research and development from professional forex traders in the industry.

What if you could potentially earn hundreds or even thousands of dollars within the next 30-45 days? Better yet, what if you could earn a substantial amount of money while sleeping, eating, working, and relaxing? Well, with Forex Over Drive it is possible.

Unlike many forex trading robots out there who promise to double your income overnight, Forex Over Drive is a fully automated program that offers proven results. It makes careful and confident trades that generate you cash flow while minimizing risk. How do I know? ...Because we have personally tested this product over and over for quite a long time making sure it is perfect before we released it to you.

In fact, we have done multiple LIVE tests with our own money to make sure this product would work: recently we deposited $150 into our trading account. Within less than 1 month we accumulated $808.54. If we can do it - without much effort - So Can YOU!

Why Our Automated Forex Trading Robot is Different?

Forex Over Drive is a dual trading system. It has the conventional make more money in a short period of time mode, and money management mode, which simply makes careful and solid trades. The money management is set by default and simply slowly builds up your wealth carefully and will result in very few losses. Money will exponentially increase over time, but it will take some time. The robot will slowly raise lot sizes per trade as time elapses. The make more money mode can be activated simply by raising the risk rate, which then creates an opportunity to make more money by increasing the lot sizes.


Currency Pairs and What Kind of Return You Can Expect Using Our Automated Forex Trading Robot

Forex Over Drive supports the following currency pairs: EUR/USD and  GBP/USD.

With our software or any forex robot in general you may have a concern of whether our software can actually deliver these results.  The answer once again is yes, when first installing Forex Over Drive you will be set to the default settings, which will make you money with minimal risk, thus if you are looking to manage your money and slowly grow it with minimal risk these default settings are for you.   To reach profits shown in our stats, you would simply have to raise the risk percentage settings.  By raising the settings high enough, the lot sizes will increase and the software will go for more profitable trades.  Email us for assistance or consult your manual.

In addition, Forex Over Drive strives to prevent brokers from stop loss hunting.  This is an excellent built in function to help prevent losses and protect your money.

Forex Over Drive, is a forex trading robot that uses an innovative trading algorithm used by the pros and essentially makes you money while you're working, sleeping, or relaxing. If you can have someone working for you 24 hours a day making you money, why would you say No? I wouldn't. That's exactly what Forex Over Drive is, an automated tool to put more money in your pockets!

Predict the Forex market, turn volatility into cash in your pocket with Forex Over Drive, an innovative 100% hands-free Forex trading robot.

After 3 years of fine tuning and tweaking, the most profitable Forex robot is ready to be released to the public. Based on thousands of hours of forex market analysis and hundreds of back and forward tests, Forex Over Drive is a proven moneymaker.

Forex Over Drive is different than other forex robots who claim to be The World's Best or Double your money overnight! Forex Over Drive integrates a powerful trading algorithm, sophisticated money management, and unparalleled trade administration to strike trades that take off and make you money while you watch, work, or sleep.

Have you ever wanted to earn a steady income without lifting a finger? Now it's possible, Forex Over Drive will consistently provide safe and steady returns without any input on your behalf. The only thing you'll be doing daily is checking the money flowing into your bank account! Brokers will be dumbfounded as you make literally hundreds of pips a week.

Chances are if you're here, you've tried other Forex EAs and chances are you've either watched them fail, lost money, or just didn't make as much as you expected. With Forex Over Drive that is going to change; our newly design algorithm has been tested over and over again and has repeatedly produced the kind of results you expect and deserve.

Below is an update of our most recent tests showing that Forex Over Drive really works; here the software is in reduced risk mode for slow and steady growth, you can tweak these settings of course as you please!  

Reasons to use Forex Over Drive

Customizable settings: Change Stop Loss, Take Profit, and Trailing Stop as Desired.
No need for a huge minimum deposit! Start with as little as $150! (Forex Over Drive will work with any amount of money).
Setup in less than 5 minutes!
Designed to trade on 2 currency pairs!
Works on the popular MetaTrader 4 Forex Platform
100% automated, hands free: requires absolutely no human intervention
Protects your trading capital while providing a consistent income
Requires no decision making whatsoever
Has built-in money management feature to ensure safe trading
Great for all traders, from novice to experienced
No prior Forex experience or knowledge required
Risk-free! 60-day money back guarantee included. We are that confident that this product will produce results.
User friendly manual explaining how to use Forex Over Drive to gain maximum profit.
Tested in ALL market conditions
24/7 Customer Support: Our response time is exceptionally fast.


Forex Over Drive is designed to put More Money in your Pockets!

We also know what it feels like to be concerned about financial security and our financial future. Ever since we started using Forex Over Drive, we are finally able to obtain the financial security that we've been working so hard for all these years. If it can work for us, it can work for anyone.

If you would like to secure your financial future and start earning "real" residual income like we are doing and many other Forex Over Drive customers, give Forex Over Drive a try today.

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Forex Megadroid

Forex Megadroid was originally conceived of as a tool for professional Forex traders, analyzing market data to produce reliable predictions of future conditions. With its advanced, adaptable AI, it's now a money making machine that anyone can use. You'll be disappointed if you go in expecting to make your first billion in a week, but if you keep your expectations reasonable, you'll be surprised by how much you can make.

The software was created by Albert Perrie and John Grace, expert traders with nearly 40 years of experience - all of which went into the development of Megadroid. Its key feature is an innovative algorithm called RCTPA - "Reverse Correlated Time and Price Analysis".

Megadroid does more than just predict the future: it acts on these predictions as well, and the net effect of Megadroid's unique forward-looking approach is that every dollar invested using the software has tripled in 3 months. While Moore's Law and other factors render every computer on the market obsolete as soon as they hit the shelves, Forex Megadroid Forex Trading System has been built from the ground up with the future in mind: not only have the developers designed Megadroid to take advantage of the latest hardware, but its uniquely adaptable artificial intelligence allow it to turn a profit regardless of market conditions.

Perrie and Grace spent eight years perfecting Forex Megadroid and analyzing the data to make sure that it was as flawless as possible and ready to work for anyone. Tests that were conducted showed that Megadroid had the ability to earn over three hundred percent in profits every year. It was given a winning percentage of 95.82. What this percentage means is that for every ten trades, nine of those will be wins.

Forex Megadroid prides itself on the power to see the future in the Forex market. This algorithm that the program uses is called Reverse Correlated Time and Price Analysis, otherwise known as RCTPA. By combining several factors that influence the Forex market, Megadroid can predict market changes in the immediate future with extraordinary accuracy. This information and how important it is does not go unnoticed. Using the power of this information, you have the ability to plan for maximum profits. Forex Megadroid has the capability to predict changes in the Forex market two to four hours in the future.

Forex Megadroid Software is a unique Forex robot. It is not just another computer program. It does some amazing things.

o It is an artificial intelligence system

o Uses a revolutionary technology Reverse Correlated Time And Price Analysis

o It works for different market conditions

o It makes accurate predictions of the Forex market

o It can see the future state in a short time of 2 to 4 hours

o Quadruples your deposits and

o It is Forex broker proof

And finally, there is an advantage due to the fact that this Forex robot software has a stealth setting. This allows it to be used without drawing suspicion or problems from brokers. You are able to trade and use the system to your advantage without repercussions or risks of problems.

Forex Megadroid is able to overcome the problems that most Forex software struggles with. It is easy to use, fully automated and has shown proven results and profits. This is one of the top Forex trading systems in regards to being reliable, user friendly, and profitable. If you are looking for a software trading program that you can be proud of and rely on, this Forex system will meet your needs.

The Forex Megadroid has been one of the best robots that are out in the market, or if not, it is the best out there, for one single reason, that it has artificial intelligence technology built in to its system. Artificial Intelligence or so-called AI has its many uses especially in gathering data and using them, in other words, it can learn. No other Forex Robot can do this, all other robot just work on a very specific market condition, unlike the Megadroid that even if the market fluctuates, it uses all the data that it gather and adapt to the changes that it is happening. In other simpler terms, the Megadroid is a money making machine. One of its best benefits for traders is that, you can use this on long term investments, all that a trader need to do is to write his strategy and plan and let the robot run for itself. The trader would now just wait for the results.

The blacktest result of this robot is very impressive, that it has a winning percentage of over 95%, meaning that you can increase your capital to as much as that percentage. Its results were superb, and when it comes to accuracy, the Forex Megadroid is amazing; it is able to maintain this result without human intervention. And not only that, the developer of the Megadroid are two very experienced men in Foreign Exchange trading, which only means that the robot has high regards among Forex Traders. The successes of these two men are seen in their work, the Megadroid.

Listed below are some of the reasons why you should have a Megadroid right now.

1.    Ease with set-up

It would only take you five minutes to set-up and install the robot in your computer. Even before its market availability, a test was conducted to see if the Megadroid is easy to install, 105 robots were used, and every one of them proved that the Megadroid can be easily set-up by anyone. And not only that, you would receive a step-by-step video guide to help you more in setting you robot up.

2.    Multi-market usage

As you all know, all Forex Robot works only on a specific market condition, so you would have a problem if the market fluctuates, your robot might not work on its optimum performance. But not with the Forex Megadroid, it works on different market conditions. So, in a way, you have advantage over traders, making you earn more money than them. And with its equip artificial intelligence, you can never get wrong at your next trade.

3.    Undetectable by other brokers

The Foreign Exchange market, as we could see is surrounded by best of minds in the business. Sure is, there would be competitions around you, and your robot. There would be several attempts that some other trader or broker might copy your strategy. But with the Megadroid, you would be safe by securing your plans. And the information that your Megadroid gathered re only for you, no other broker or trader can ever interfere at your trading. In this way, you would be more safe, and at the same time, stay competitive at all your trading.

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WallStreet Forex Robot

The WallStreet Forex Robot has scored GAINS of almost 600% in the last 2 YEARS
of LIVE Trading.
Extraordinary performance considering the world economy has been struggling and most investors are having a tough time profiting in the currency markets.
Even we take our “conservative” account – we still banked gains of 70% for the half period.
These pip paydays were deposited into our trading accounts like clockwork…
These gains weren’t a fluke or a lucky quarter – this stellar performance goes back two years!
You can’t say that we got lucky in a single market either…WallStreet Forex Robot “crushed” it in 6 separate currency pairs.


High volatility, low volatility, stagnant markets – it didn’t matter – WallStreet Forex Robot sniffed out the opportunities, exploited the spread and deposited the gains…
WallStreet Forex Robot was able to find consistently profitable trends and spreads that showed only the slightest movement each trading session.
One more point – before we show you what’s under the hood of the WallStreet Forex Robot – Every single trade was executed on a live account.
That’s proof you can rely on. We have a file cabinet full of thrilled customers that are using WallStreet Forex Robot to take back their financial freedom and replenish their retirement funds….
You would think that we would be happy with WallStreet Forex Robot.
Nope. We are continuing to update the software with cutting-edge algorithms that will push its performance to an entirely new level…

WallStreet Forex Robot is exactly what you need

  WallStreet Forex Robot opens positions 24/5 with no time limits.
  WallStreet Forex Robot analyses market dynamics without having to take account of the time of day.
  90% of WallStreet Forex Robot positions opening during periods with the lowest spreads and highest market liquidity.
  WallStreet Forex Robot is a profitable and entirely automatic forex system developed by a team of professional traders especially for ordinary forex traders.

Forex market is the most lucrative market in the world, offering you never ending opportunities. However as you probably know, over 95% of forex market participants lose money.

This is due to several basic reasons:
    Insufficient experience.
    No clear trading tactics proven to lead to success.
    Poor trading discipline.
    Poor risk management.
    Intuitive trading.
    Trading using forex robots developed by people with insufficient experience and professionalism.
    Voluntaristic trading against the trend.
    Failure to use defensive stops.
    Stacking further losses to losing positions.

In WallStreet Forex Robot, we have eliminated all the above reasons which account for over 95% of the losses incurred by forex traders worldwide.WallStreet Forex Robot was developed by a team of professional traders and software developers with over 30 years’ cumulative experience in forex trading and developing automated trading systems.WallStreet Forex Robot is based on the probably best time-proven trading method: low-risk scalping following short and medium-term trends. This method has proven it worths ever since forex has been traded online. It generates millions of dollars of profit for the professional forex traders that use it. By using this uniquely stable trading principle which has proven its profitability over the years, we offer you a powerful weapon which allows you to generate profits at low risk and enables you to become one of the few to boast forex trading success.

Since WallStreet Forex Robot is a software product, it acts in a manner that is 100% unbiased at all times. WallStreet Forex Robot is not swayed by emotions, transient indispositions or other negative factors and circumstances, assessing and performing each potentially profitable market situation entered in its program logic with 100 % correctness and discipline.WallStreet Forex Robot has an in-built automatic risk-calculating algorithm that automatically determines trading volumes on the basis of account risk percentage per individual deal. Moreover, there is an option to activate a unique algorithm to effectively compensate any current drawdown.WallStreet Forex Robot identifies and closes any deal in a 100% unbiased manner, never departing from its programmed trading logic: something of which even the most disciplined trader is incapable. WallStreet Forex Robot was developed by a team of professional traders and software developers, each of whom has given the best of their knowledge, skill, and experience in designing this unique product.

WallStreet Forex Robot opens positions against daily movements only where such moves have a high probability of success and by keeping to a trading method which has proven itself over the years through use by many professional traders.As any professional trading system, WallStreet Forex Robot protects each position through defensive Stop Loss orders, making it impossible to lose an account in an individual transaction, as happens to all too many traders who fail to set defensive stops.Probably the biggest mistake many traders make is to pile more and more on to losing positions in the hope that the market will turn. This, the major reason for account losses is one that we as WallStreet Forex Robot developers know all too well; we would never put you in this situation.


WallStreet Forex Robot is an absolutely legal product which does not harm brokers in any way, rather: any broker would be happy to see you trading large volumes with him using WallStreet Forex Robot.Another great benefit of WallStreet Forex Robot is that it was designed especially for the most liquid, narrowest spread currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD and AUDUSD.

The spreads of these currency pairs are most steady, even with floating-spread brokers, which means that you can profit consistently without worrying that the best and potentially most profitable signals might fail to be followed-through through the broker deciding just then to widen your spread.
Despite the spreads in these three leading currency pairs are usually in the 1 to 3 pips range, WallStreet Forex Robot has an in-built HIGH SPREAD PROTECTION SYSTEM, which protects you from surprising losses at moments of very high market volatility.
Another unique feature about WallStreet Forex Robot is the built in BROKER PROTECTION SYSTEM. It is common knowledge that many Metatrader brokers trade against their clients and together with things like high spreads, offquote errors and slippage it has become very difficult for a trading robot to consistently make a profit. WallStreet Forex Robot has one of the best released broker protection systems.

What makes WallStreet Forex Robot different?

 *WallStreet Forex Robot is not another scalper for trading through the Asia session. WallStreet Forex Robot opens positions throughout the day with NO TIME LIMITS.
 *WallStreet Forex Robot has a UNIQUE RISK MANAGEMENT ALGORITHM that allows effective current drawdown compensation.
* WallStreet Forex Robot is the only forex robot with 5(FIVE) INTELLIGENT BUILT-IN PROTECTION SYSTEMS .
*WallStreet Forex Robot is the only forex robot with which one licence is valid for three actual accounts.
 *WallStreet Forex Robot is the only forex robot offering a FREE MetaTrader5 (MQL5) VERSION!
 *WallStreet Forex Robot comes with THE BEST SUPPORT .

We believe support should be priority number one for any company. We know how disappointing it is when you have a problem or question and there is no one to help you. That is why we have an extremely knowledgeable and prompt customer support team ready to answer any question you may have.

Features of  WallStreet Forex Robot:

*Can be used on up to 3 REAL LIVE accounts
*Comes with MetaTrader5 (MQL5) version
*Comes with lifetime support and free upgrades
*Trades all accounts - Trades MICRO, mini, and standard accounts
*Operates with 4 and 5 digits after the decimal point
*Operates with any MT4/MT5 broker, ECN included
*Operates with any NFA regulated broker
*Comes with an advanced Money Management system
*Comes with 5 intelligent built-in protection system

BUILT-IN SYSTEM in WallStreet Forex Robot

It is disappointing to have to close a position which has made good profits in the past at a loss, or worse — when it hits a stop. We know just how disappointing this is. This is why we protect each WallStreet Forex Robot position with a near-stop level that guarantees minimum profit immediately it becomes possible. Alongside this, a special algorithm monitors optimum closure of each position turning a profit.

This built-in system conceals your stop levels from unfair brokers who trade against their clients. If you choose to use this option, stop levels are executed within the WallStreet Forex Robot program logic and remain invisible to brokers. This means that you have double protection: against unforeseen loss, and against unfair brokers.
WallStreet Forex Robot employs a Stealth Mode to protect against broker stop hunting. In Stealth Mode, stop loss and take profit levels are not displayed to the broker. An emergency stop loss is placed with the broker to protect the trade against disconnection, but the Stealth Mode stop loss will be reached before the emergency stop loss.

This protection guards you against transactions at times when your broker has broadened the spread above levels acceptable to you. This is most important, for high pay spreads are among the basic reasons why your trade can turn-in a loss.

This protection defends you from entering positions at prices which are too unfavorable for you in times of high market volatility, or when your broker may attempt to steal additional pips from you.

Alongside standard options allowing you to use fixed volumes chosen by you in each deal and standard risk management with proportional lot growth, WallStreet Forex Robot has a unique built-in algorithm which allows you to activate effective current drawdown compensation.


 Other benefits of WallStreet Forex Robot

100% automated trading: You do not need to do anything — just run WallStreet Forex Robot, sit back and watch the results. Just leave your computer on and your Metatrader 4 platform running.

Easy to use: You do not need forex trading experience. WallStreet Forex Robot trades for you. You do not need to have computer skills. WallStreet Forex Robot is very easy to configure. The package includes all you need to start earning. WallStreet Forex Robot will be profitable right out of the gate. It is completely hands-free.

10 minutes to start making profits: No, this is not a lie! It is all so easy that five to ten minutes are enough to buy, download, install, and run WallStreet Forex Robot. The product comes with the default settings all preset for you, so all you have to do is load the robot and it is ready to trade.

Low Startup: You do not need a lot of capital to start trading, but if your deposit is less than USD200, you should consider opening a mini lot account. At any rate, you can start with a deposit of as low as USD200.

No time dependence: The system can be used any time, any business day. Do not forget that forex markets are open 24 hours a day, Monday to Friday.

ECN Broker Compatible: WallStreet Forex Robot will open trades with no stop loss or take profit, and then modify the trade immediately after to bypass ECN limitations.

Automatic 4/5 Digit Broker Detection: No need to multiply take profit settings by 10. Our software will automatically detect whether you are running on a four or five digit broker and change its settings for you.

Stealth Mode: Hide from stop loss-hunting brokers. WallStreet Forex Robot can control all stop losses internally so you can be sure your broker would not discover them.
Is Very Stable and Secure

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Levels RMS - Expert Advisor

Levels Risk Management System provides an easier way to manage your trades and reach your target goals faster. Create a percentage-based Risk model and implement it effortlessly with our automated background system to smooth your equity curve and protect your account from big losses. Trade more easily using horizontal lines to place stealth and pending orders or reposition stop levels. Pending orders are dynamically adjusted to match your risk model. Custom strategies can also be imported via a plugin script. Practice trading strategies and hone your entry skills using Strategy Tester. Fast track your way to trading success!


Professional Risk management... automated.

Levels RMS is a background risk management tool to complement and assist with manual or automated trading, with additional features that allow for a new and easier way to trade forex safely.

Use as an indicator or expert advisor to create and manage an accurate risk model for safeguarding your account and smoothing your equity curve. Unlike the money management algorithms found in most experts, Levels RMS gives you exact percentage-based control over your profits & losses and helps manage your open and pending orders automatically. Say goodbye to margin calls and big losses forever.

Simply trade with pending orders as you normally would or by using trendlines or horizontal lines and Levels RMS will calculate your position size and stop levels aswell as adjusting pending orders dynamically before they are executed. By thinking in terms of 'levels' or compounded stages required to reach your target, a systematic approach can be taken to fast-track your portfolio. Using this approach with high leverage it's possible to turn $100 into $1,000,000 in as little as 23 small trades!

IMPORTANT: Levels RMS should be used with accounts that allow trading of micro-lot increments (0.01 Lots) for greatest accuracy.

Features

*Accurate risk management
*ECN/STP compatible
*Stealth order placement
*Stealth equity stops
*Automated plugin script
*History training / Backtesting
*Sound alerts

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Shuriken EA

Shuriken EA is a Strategy Generator, Optimizer, Trading Robot and Trade Monitor in one. It offers a completely new and efficient way to develop profitable super-strategies and monitor the trading results live. Shuriken scans for the most profitable candlestick patterns using sophisticated algorithms to identify trend and price action triggers.

Shuriken is a powerful new tool to create super-strategies easily without any programming skills whatsoever. This expert advisor allows you to stay optimized with the markets and diversify your risk across multiple charts with an unlimited amount of strategies trading simultaneously.

As the trade signals are based on price action and candlestick patterns, Shuriken draws on the distilled knowledge of centuries worth of chart trading. These patterns are recognized globally and hence posses the power of continuity, as they are traded daily by the professionals that move the markets. The EA generates and trades strategies using candle patterns such as Doji, Spinning Top, Morning/Evening Star, Shooting Star, Hammer, Hanging Man, Harami, Engulfing, Dark Cloud Cover, Piercing Line, and more.

Trade up to 10 strategies at once in each instance of Shuriken. Any number of instances of the EA can be trading on different charts and timeframes to create a virtual trading floor of automated strategies working for you around the clock. This is the key to harnessing the markets on autopilot. Shuriken not only generates strategies, optimizes them and trades them on autopilot but also monitors the trading activity of each strategy individually, displaying their performance on the chart for easy reference.

How it works?

Shuriken trades candlestick patterns, therefore it’s trading price action directly without the use of any indicators. Using the inbuilt strategy generator, the best candlestick patterns can be found for your intended chart and timeframe by way of optimization in Strategy Tester. Once a profitable strategy is discovered it can then be stored in one of the strategy slots as a number sequence, looking something like “3,0,0,1,0,1,0,0,0,0,1,0,0,0”.

Up to 10 of these strategies can be stored at once, meaning that one instance of Shuriken can trade up to 10 strategies simultaneously. Any number of instances of the EA can be trading on different charts and timeframes.

Creating a super-strategy with Shuriken is as easy as...

Step 1. Optimize the Strategy Generator settings in Tester.
Step 2. Input the 10 most profitable strategies in the strategy slots.
Step 3. Run additional optimizations of the other settings if desired.
Step 4. Save preset.

You’re presets can then be loaded for trading in seperate instances of Shuriken using different magic numbers, the live results are monitored on the chart display for reference.

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FX_Multi-Meter_II.mq4 expert

How to trade with FX_Multi-Meter_II.mq4 expert

How to interpret FX_Multi-Meter_II.mq4 Forex expert signals

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Alligator Oscillator

Introduction

The Alligator oscillator is very similar to the Gator oscillator which we have examined previously in these pages. The difference between the two indicators lies almost entirely in the presentation of data. While the Gator oscillator presents any valid signals in a histogram below the price chart, the Alligator chart provides the oscillators in a raw form so as to enable wider and deeper analysis.

The Alligator oscillator, like the Gator oscillator, was developed by Bill Williams.

 
Note: Past performance is not indicative of future results.

The chart looks very similar to a moving average chart, and that is what it is. The profitable phase of the market action is thought to exist between two contractions of the indicators. Every time the three components (jaw, teeth, lips) come together, and the mouth closes, an opportunity to open or close a position is presented. Trader lore states that the indicator emits correct signals about 30-50% of the time.

Calculation

The Alligator indicator is really a very simple tool once you understand what it is. Three smoothed moving averages plotted on a price chart and shifted by a few bars into the future create this indicator, and the slower and the less sensitive the moving average is to market action, the further into the future it is shifted.

Jaw, or the blue line, is the 13-period smoothed moving average shifted 8 bars into the future. It is also the slowest indicator.

Teeth, or the red line, is the 8-period smoothed moving average shifted 5 bars into the future.

Lips, or the black line (although it is commonly depicted in green by charting software), is the fastest 5-period smoothed moving average, moved 3 bars into the future.

As it us the case with the Gator oscillator, the interaction between these three SMMA's determines the trade signal.

Usage

This indicator is constructed on the notion that each trend, and its phases (or mini-trends), consist of waves that coincide with start, development, culmination and exhaustion, akin to the logic behind the Elliot Wave Theory. Similar to the Gator indicator, the four phases of the alligator's life must be identified.

Alligator Waking: When the green, or black line falls above or below the blue line, (or when the teeth rise above or below the jaw) after a period of contraction, the alligator is said to be waking up. This is the typical indication of a beginning phase for a trend.

Alligator Eating: At this phase the mini-trend is well-established, and we see the teeth breaching through the lips, and 'eating' signifying that the trend is soon to reach its climax.

Alligator Sated: We now see the teeth coming back or below the blue line, and the three lines beginning to contract to a smaller area, as the price action decelerates, and the trend has run its course.

Alligator sleeping: At this phase the smoothed moving averages come together, or in more colorful language, the mouth closes as the jaw, lips and teeth adhere to each other once again. This phase signals that the current trend has exhausted itself at least in its present configuration, and it is time to sit back and reevaluate the situation.

Conclusion

Let's recall what the alligator oscillator oscillator is. It is three smoothed moving averages drawn together on a chart and shifted to the left a little with the purpose of identifying profitable scenarios. As such, very little distinguishes it from a standard moving average strategy, and the differences that exist do not exceptionally favor this indicator.

The Alligator oscillator is most suitable to a trending market. It can be used in shorter timeframes in the context of an overarching range pattern, but it will surely generate many false signals in a ranging market. The best indicators to supplement it are support/resistance lines, or Fibonacci indicators to determine price targets if you happen to be beginner. Just keep in mind that trends are violent will easily invalidate any imaginary line on the charts, however strong it may appear.

If you wish to use moving averages in your trend analysis, make use of the alligator instead. Otherwise, the ichimoku cloud, also covered on this site, may be a better choice for greater clarity and depth of analysis.

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MACD Indicator

One of the most popular and common indicators used by forex traders today, the MACD is a trend indicator used to gauge the strength and direction of an ongoing trend. Developed in the 60s by Gerald Appel, MACD is a simple, and straightforward tool easy to grasp and use. The MACD is only useful in trending markets, and its use in ranging market conditions is in general discouraged. This is because the EMAs are highly price sensitive, and may generate false signals in the context of the lower directional momentum of a range pattern.

Calculation of the MACD

The MACD is composed of two exponential moving averages (EMAs), and a signal line. The calculation of an exponential moving average can be found in the relevant article.

The formula of the MACD is

MACD = EMA(12) - EMA(26)

with the numbers indicating the period of the indicators. Also, the histogram is calculated according to the formula:

Histogram = MACD - EMA(9).

Now let's examine the formulae to get an understanding of what the MACD is really showing us when it is drawn by the charting software. We know that an exponential moving average is a sensitive moving average emphasizing the latest period of the market action. The reader can consult the related article on this site, but in short, the EMA is used to identify the momentum of the price action, and to identify changes in direction or power at an earlier stage, compared to the SMA. The MACD goes one step further and lets us compare a short term EMA with a longer term one, and thus adds a second dimension to our evaluation of the price action. In essence, when the EMA(12) rises or falls above the EMA(26), the indication is that an emerging new trend is gathering momentum, and a new position is feasible.

The histogram can be thought of as the third and final dimension of our evaluation of the price action. Here, we compare the value of the MACD itself to the control signal of a much slower EMA(9). This EMA can of course measure 9 days, hours, or months. The resultant histogram value and the MACD value itself are used in many different ways by analysts and traders.

 
Note: Past performance is not indicative of future results.

Here the gray bars in the lower section constitute the histogram. The dotted red line is the MACD itself. The line around which the histogram fluctuates is the zero-line. Apart from the obvious relationship between the tops and bottoms in the market, and the MACD's extremes, we observe a very powerful and successful trading signal developing in a bullish convergence as indicated by the green lines on the chart. Even as the price continues to make lower lows, the MACD is making higher highs, culminating in a powerful bullish reversal later.

This graph does not show the signal line of EMA(9), but it is not necessary, because any crossover is already being showed on the histogram. The histogram changing sign (becoming negative while positive, and vice versa) indicates that a signal line crossover has occurred.

Trading with MACD

The MACD is popular, as we mentioned, so there are many different ways of using and interpreting it popular among traders today.

1. MACD crossover

An MACD crossover occurs when the value of the indicator changes sign. In other words, the MACD line crosses above or below to centerline, which is the zero line on the chart above This is often thought to indicate a momentum change, that a bullish or bearish momentum is being created in the market. Another crossover occurs when the MACD crosses its signal line, that is, the EMA(9) we discussed before.  Crossovers are numerous, however, and create lots of false signals, so either use them with conservative money management methods, or confirm them with signals from other tools.

1. Divergence/convergence patterns

A majority of traders look for this sign exclusively when depending on the MACD indicator. A divergence/convergence indicates that the price trend is soon to run out of steam. The reversal does not depend on the nature of the trend. A down or uptrend may both experience a reversal following the appearance of a divergence/convergence pattern on the oscillator and the price.

Accessibility

Name any trading software, and it is more than likely that MACD is offered by it. It is simply so ubiquitous as a tool of technical analysis that it is highly unlikely to find a charting package not providing this indicator. The popular MetaTrader 4 platform, eToro are some examples from a large list that could be assembled with ease.

Conclusion

MACD sometimes emits false signals due to the tendency of EMAs to see trends where none exist. The price sensitive nature of this indicator makes it somewhat less reliable and a bit more prone to errors than the typical indicator. Hence comes the criticism of it often encountered at websites and forums. But that, of course, does not mean that it is exceptionally weak, or that it is not a valuable addition to a trading strategy. The key is knowing that no indicator is infallible. Only by coupling our knowledge of the indicator with a good understanding of money management strategies can we expect to be a profitable over the long term, otherwise, a bare dependency on indicators will not generate the prosperous results anticipated.

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