Member Login About Us. Day Trading Forex Live — Advanced Forex Bank Trading Strategies. Getting Started with MetaTrader 4 MT4. Step by Step MetaTrader 4 MT4 Installation Guide. Double-click the exe file Click next on the dialogue box below.

Opening Your Demo Account. Basic Overview of MT4. File Menu. New Chart:. Open Offline:. Open Deleted:. Save As:. Save as Picture:. Open Data Folder:. Open Account:. Login to Trade Account:.

Log into MQL5. Print Setup:. Used to set up your print format. Print Preview:. To preview the print work. This is used to close the MT4 program. View Menu. This deals mostly with the display options. How and what will be displayed on the MT4 programme. standard toolbar. To activate an indicator, just drag and drop on the chart.

CHARTS BAR. Lines Studies. The Crosshair : is used to measure price in relation to time. You can also use this tool to measure the number of pips between two price points. Vertical line : for specifying the time in a chart. Horizontal Line : identifying a specific price, commonly used for support and resistance zones.

Trend line : used to draw trend lines, diagonal channels and chart patterns that involve diagonal price movement. Equidistant channel : as the name implies, it is used to draw channels that have equal distance between the top and bottom of the channel the entire length of the channel. Fib Tool : used to draw Fibonacci retracement lines. We will discuss this in detail in later chapters.

Draw text and Label : simply just writing tools. They are mostly used for labeling. Arrow : different types of arrow signs are available on this option for analysis. Time Frames.

This tool allows you to create your own toolbar. INSERT MENU. Trend line by angle : This is a line tool also used in diagonal price analysis but for drawing trends in specific angles or calculating the angle of a specific trend line. Channels : This option contains advanced channel drawing tools used to analyze the market when the price moves in range for a select period of time.

Gann : These line tools are used as reversal indicators based on the idea that the market moves in a geometric pattern. Mostly based on the degree angle, when placed on the chart the lines serve as support and resistance areas. It can be used for channel analysis where the outer lines serve as possible support and resistance points. Cycle lines : Used to create vertical lines with equal time distance between the lines.

All you need to do is select the distance between the first two lines using the tool and it replicates it multiple times on your chart. Yes, it is very easy to override if you want to take a trade manually, or just want to turn it off once you get to the computer. I personally, would not recommend a more aggressive approach. Additionally, the settings are not really where you would get more aggressive anyway.

The way we take more aggressive trades is by choosing more levels, some of which will be a bit more aggressive. So are you recommending to use the out-of-the-box settings, or are there any tweaks you would recommend?

Member Login About Us. Day Trading Forex Live — Advanced Forex Bank Trading Strategies. DTFL Pro Back To Homepage. Many thanks for your interest. Seven Month Back Test The examples shown are from a 7th Month Back-Test that was run throughout the Day Light Saving Period of 7 months. IMPORTANT: DTFL Pro software will not work on an MT4 Account without an active licence. When completing the subscription you will need to provide the following information: 1. Your MT4 Live Account Number so I can set up your Live Licence 2.

Your MT4 Demo Account Number so I can set up your Demo Licence 3. Your Current Active Email Address so I can send the links to download DTFL Pro and other files 4. com -Sterling. Hi I would like to know , if thys works only at London an Usa open session? Hi there, New member here. Thanks, Clive. Hi Clive, 1. Hi Sterling, So are you recommending to use the out-of-the-box settings, or are there any tweaks you would recommend?

Write a Comment Scroll Back To Top. Click here to cancel reply. All Rights Reserved. Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. Futures, options, and spot currency trading have large potential rewards, but also large potential risk.

You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks.

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I started the process of development with one company only for the whole project to collapse after many months of hard work. Access to this community gives you the ability to purchase MT4 or MT5 tools such as custom indicators, templates, and expert advisors. To preview the print work. December 18, Is Forex Trading Allowed in Islam? The top line is the ART, the day's range and spread.

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