Friday, June 29, 2007

MACD and RSI - Basic knowledge

Before that you start lerning with my system.First you should know about basically knowledge of technical tools... :)

MACD - Moving Average Convergence/Divergence - a technical
indicator, developed by Gerald Appel, used to detect swings in the
price of financial instruments. The MACD is computed using two
exponentially smoothed moving averages (see further down) of the
security’s historical price, and is usually shown over a period of time on
a chart. By then comparing the MACD to its own moving average
(usually called the "signal line"), traders believe they can detect when
the security is likely to rise or fall. MACD is frequently used in
conjunction with other technical indicators such as the RSI




Picture (a) Buy signal




Picture (b) Sell signal


RSI - Relative Strength Index - a technical momentum indicator,
devised by Welles Wilder, measures the relative changes between the
higher and lower closing prices. RSI compares the magnitude of recent
gains to recent losses in an attempt to determine overbought and
oversold conditions of an asset.

Thursday, June 28, 2007

Step #3 Download Expert Advisors

I created it ,following my system usually used.
1. Expert Advisor name : EA-EMA Download Use then it’s Wave C
2. Expert Advisor name : EA-MACD Download Use then it’s swing trade


How to install them?
1. Then you download complete file.
2. Copy and past file *.ex4 to path Progame Files/FXDD-MetaTrader4/Experts/
3. Run program Meta Trader4 again. :)

Test GBPUSD first with Time frame 1H chart .
Enjoin

Warning .using EA you should look at my template also.

Wednesday, June 27, 2007

Step #2 Download the best Indicators

Indicators I usually used .Download indicators there .

Forex Trend v2 -->good
iMACD -->good
RSI + Trend -->good
MACD -->good
Absolute strength -->good


Download indicators


Indicators work best for me :)

How to install them?

1.Exract files
2.Copy and past all indicators to folder Progame Files/FXDD-MetaTrader4/Experts/indicators/
3. Copy file name My_template.tpl past it to folder Program files/FXDD - MetaTrader 4/templates/

4. Run program Meta Trader4
5. open new chart
6. open my template then you complete step .

Step #1 Download Meta Trader - Platform

Meta Trader great one to impove your profitable.
Download As link below
http://www.FXDD.com
http://www.northfinance.com/

You are able download these plateform first.Install them and open account ..:)

Opening of Accounts
Terminal allows to work with two types of accounts: demo accounts and real accounts। Demo accounts enable working under training conditions, without real money on them, but they allow to work out and test trading strategy very well। They possess all the same functionality as the real ones. The distinction consists in that demo accounts can be opened without any investments, though one cannot count on any profit from them.

The following data will be requested to open an account:
Name — the user's full name;
Country — country of residence;
State — area (region, territory, state, etc.) of residence;
City — city of residence;
Zip code — zip code;
Address — exact mailing address (street name, house and apartment numbers);
Phone — contact telephone number;
Email — email address;
Account Type — account type to be selected from the list defined by the brokerage company;
Currency — the basic currency of the deposit to be set automatically depending on the account type selected;
Leverage — the ratio between the borrowed and owned funds for trading;
Deposit — the amount of the initial deposit in terms of the basic currency.

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