MT4 doesn't read any subfolders in the profile folder. Probably you can create an empty profile and name it "Aussie Pairs---------" and "AUD..." pairs will be placed under it in the profiles list in status bar. But as the profiles list is sorted in ...

MT4 Profile question on how to organize them

MQL4 is based on C++. There are several excellent online tutorials available for this language. Once you get the hang of it, you can study the source codes of various indicators bundled with MT4, referring to MQL4 documentation as needed. That ...

Plz help, where to start learning MQL4 to create custom indicator

The calculation is straightforward. Margin Required in USD = Price of Base Currency in USD * Volume * 1/Leverage Assuming that your broker is offering 100:1 leverage (so the margin required will be 1% of trade volume) and you intend to open 1.0 lot ...

Placing multiple orders with limited capital

Oh boy! That's quite restrictive. Anyway, one of the things you can do is sell trade signals at Zulutrade. You can do that on a demo account too. Your market analysis sounds good. If you can show good performance, you may get enough subscribers in a ...

Simple Way is the most advance way...

As far as I can see, FEMA relates to forex only. There are lots of other markets you can trade: Commodities, energy, metals, indices. Many forex brokers provide access to these other markets too. If you have a workable system, you can apply it to ...

Simple Way is the most advance way...

Try Oanda.

Broker with deposit / withdraw from paypal?

Skrill was formerly known as Moneybookers -- try www.moneybookers.com and you will be directed to Skrill homepage. This is from ICMarkets website: Moneybookers transactions are processed by Ingenico ePayments (Formerly Global Collect). Ingenico ...

Skrill or Neteller for money transfer?

With ICMarkets, you can deposit amounts through Skrill (Moneybookers) but cannot withdraw to your Skrill account. url I have funded a binary option account through Skrill and have so far withdrawn amounts much more than my original deposit. I ...

Skrill or Neteller for money transfer?

Dear fighterdude, The problem is actually quite complex and the solution as suggested is not easy to implement. First of all, for most people, it is very very difficult to identify the reasons of personal flaws and to correct them without expert ...

Forget Analysis of the Charts, Analyze Yourself!

MQL4 is a pretty sophisticated language. Its documentation or help file have not been written to make it easy for beginners to learn how to program in mql4. It would be helpful for you to learn basic programming concepts first. Google "programming ...

Where to start programming? Help!

Dear Tillionaire, It would take someone years of hard work to develop a "very accurate and profitable trading system." Such a system would be a goldmine. I am sure many veteran traders are minting money with highly profitable systems they have ...

The Most Profitable and Accurate System!? - All Welcome

It would not be trading. It would be gambling. Maybe it could work out this way: As you are not trying to predict anything and not using any useful data from the charts, it does not make any sense to look at the charts at all. You could then just ...

Non-Predictive Trading

I don't really see the point of such challenges or contests to determine who is a "better" trader. "Better" could be defined in terms of so many different aspects of trading. There can be objective criteria, like Sharpe Ratio, Profit Ratio, Max DD, ...

Geppy vs. GJscalper - a duel to the death!

When you buy EURAUD, you are buying EUR and selling AUD which is the quote currency in this case. So when you close your trade in profit (sell EUR back at a higher rate) you are going to get that many more AUD. Similarly with short EURAUD trades. As ...

How to calculate pip price of EURAUD in USD

It doesn't really matter what the pipvalue of a currency pair is as far as profitable trading is concerned. Some currency pairs have smaller pipvalue (GBPAUD, EURAUD - $7.49/pip per lot currently; or GBPNZD, EURNZD - $7.17/pip per lot, etc.) but ...

How to Calculate Pip?

Pip values are different for different currency pairs. Trading 0.1 lot USDCAD, as the quote currency is Canadian Dollar, one pips equals 1 Canadian dollar whose price was around 1.30 on 29 Jun. So 105 pips are going to net you 105 Canadian dollars, ...

How to Calculate Pip?

There can be different degrees of correlations between two currency pairs in different timeframes. Which one you'd consider depends, of course, upon the timeframe you intend to work with. But correlation coefficients could be misleading. A better ...

correlation coefficient, which timeframe coefficient to use?

Momentum is the key. Decreased momentum as the S/R is approached indicates possible reversal. You might also see a divergence. Increasing momentum at the level indicates probable breakout.

How to know if a S/R level is going to hold or break

Nothing against you gravitist, but there is a saying in my language (Urdu) "[A person who] doesn't know how to dance, [claims that] the floor is askew." I believe that when a person doesn't succeed in any endeavor, instead of blaming anyone else, he ...

What you still haven't learned

Micro timeframe (1 second up) charts can be made up using Flexichart utility on any broker's MT4 platform. See this thread. url

Platforms with Lower Time Frames (30sec, 20sec, 10sec, & 5sec)