Metatrader 4

Downloading, Installing, and Setting Up MetaTrader 5: A Complete Step-by-Step Guide

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Part 2 of the Ultimate MT5 Tutorial Series In the previous article we explained what the Metatrader 5 platform is and what its main advantages and disadvantages are. Now we are going to show how to install the application on a personal computer (Windows and Apple) and on mobile devices. You can access the previous article in this manual at: … Read more

Forex Intraday Trading System ProEMAGain

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This Forex intraday system is based, mainly, on an interesting custom indicator for Metatrader 4 called ProEMAGain. This indicator consists of three exponential moving averages (EMA), and an RSI indicator. These indicators are common tools for the analysis of the Forex market, but here they are combined, originating a very profitable system. This combination gives the right and necessary information, in addition to being visually effective, to make decisions quickly and correctly.

It is recommended to trade with this trading strategy only in the major currency pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, and NZD/USD.

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RSI-Price Divergence Indicator for MT4

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The RSI Divergence indicator is a modified version of the classic RSI oscillator developed for Metatrader 4, which offers the possibility to trade not only with the classic overbought and oversold levels but also to find the classic and hidden divergences between price and indicator, which often only more experienced traders can detect. This indicator can be used with any asset and in any time frame, although the most reliable signals are generated in the larger time frames.

We describe the characteristics of this indicator below and include a link for its free download:

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Little known utilities of Metatrader 4

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MetaTrader 4, the most known and used platform for Forex trading has a lot of tools and options which are little known and used primarily by ignorance. This is due largely to the fact that very few users read the manual built into the platform. In this article we will see some of these options and utilities unfamiliar. (Much of what … Read more