Recent content by TradeWizards

I myself use locking or hedging most of the time, but it depends on the strategy and analysis. If your method is different, please explain more if you want.

I shared my experiences in this video.

Dear traders, if you are interested, let's discuss methods for determining the loss limit and reducing the loss limit.

If you are a scalper, I suggest you test this indicator: TW Scalper Shoot: https://www.mql5.com/en/market/product/132943 https://www.mql5.com/en/market/product/132237

I mean, set the amount of capital you enter into a trade within reason. (Lot size). If you mean market volume, this data is different for each broker and is calculated in different ways and is more effective for entry strategies. All brokers provide raw volume data and you can hover your mouse...

You are right about scalping on gold, but it is better if you use ECN accounts with low spreads. Of course, each currency has its own scalping strategy, I have seen many traders who use gold for scalping and make amazing profits. The secret to success lies in adhering to SL and volume management.

It depends on your strategy. This type of analysis is effective only for scalpers, and trading on M1 & M5 is very risky. The best way is to use expert advisors and calculator indicators, whose past behavior has been carefully checked before logging in with the Rail account. Test this on the M5...

The M1 timeframe is suitable only for observing a possible trend change, and on this timeframe trends and support and resistance levels are extremely unreliable. Examine the M1 timeframe and do not enter based on it, wait at least until the M5 timeframe.

This free tool displays events directly next to the chart, no need to check another site, and the data is taken directly from the original source and can be filtered.

You can use this free tool to quickly access events https://www.mql5.com/en/market/product/119802

The validity of supports and resistances is directly related to the number of their collisions, and they should be checked carefully for the past periods, which is a difficult task. These levels are not a specific line but an area in terms of market volatility. Sometimes missing one of them can...

Please discuss methods for drawing past support and resistance levels and Fibonacci if you have any ideas or methods.

I totally agree with you What makes you profitable in the market is trading patterns and risk management. 70% trading patterns 30% strategy and good entry points.

Thank you for your comment If you have any questions I will be happy to help in a friendly way

I have been trading forex for 10 years. I was doing manual trading for 5 years but now we are a team of MQL programmers and we only use algorithms and money management strategies. I have been a MQL programmer for 5 years now and I convert my strategies into algorithms, indicators and robots and...