Improve Your Trading in the New Year with 201 Market Predictions from Industry Experts.

With this eBook, you will discover… 

The article was written by John, a FX junkie who in his spare time writes for the forexbrokershub.com resource where you can find in-depth reviews of top FX brokers.

Metatrader is the most popular trader platform available to the retail trader and as a consequence it is being offered by most of the brokers. There is a huge trading community associated with the Metatrader (mql) and the platform offers the possibility of automatic trading as well.

            The first condition to start trading with your own expert advisor on a Metatrader platform is to have one developed and uploaded on the platform. To make sure it is there, just install the platform on your computer and then from the desktop icon just make a right-click and choose “Open File Location” and on the expert advisors tab there put your robot.

            The next thing to do is to close the trading platform and open it again and open the currency pair and the time frame to put the expert advisor on. By clicking the Navigator tab and choosing the Expert Advisors tab that comes on the left of your screen the EA can be found as being already available on your trading platform. The image below shows you where these tabs are located on the Metatrader platform.

            Once the EA (expert advisor) is identified simply click and drag it over the chart you open. Make sure that under the Common tab you have the “Allow Live Trades” and “Allow DLL Imports” activated as well as the Expert Advisors tab on the platform like the image below shows.

            By clicking ok and making sure all the above are respected, he EA is set up and runs on you trading platform and in order to know it is functioning ok you should look on the top right of the screen as there will be a smiling emoticon if all is ok.

            Applying an EA (expert advisor) to the Metatrader platform is a simple process and can be done by anybody, without this to require advanced knowledge. From the moment the EA is installed the only things that can stay between a trader and his/her profits are the strategy in itself and the broker.

            The explanation comes from the fact that a trading strategy can be profitable but  when back testing it to see if it is worthing the trouble of programming results may be conflicting. This is highly influenced by the period taking into consideration and the type of the EA is used (trending, scalping, swinging, etc.). Broker has a lot to do with the profitability in the sense that if the EA is one made for scalping then prompt execution is a must and the same EA may have excellent results when used on one broker and poor results when used on another one.

            Regardless of the above, the steps to install an EA to a Metatrader platform are the same and the purpose is to allow retail traders to have access to automatic trading as well.

By Louis Bedigian

Wednesday, November 20 and Thursday, November 21, Marketfy will host its inaugural Holiday Trading Summit. The event will bring the world’s most brilliant traders right into the living rooms of those who attend.

Pro trader Nicolas Chahine will discuss how traders can master credit spreads in any market condition.

“The presentation is going to be pretty exciting,” Chahine told Benzinga. “It will be interesting to any level trader. This would mean that if you are new to investing in options you will definitely get something out of it. It’ll be a springboard to opening the opportunities to learn even more.”

Serge Berger, the swing trade master, will provide a proven strategy on how to swing trade using candles.

“It’s an opportunity to get an idea of how you can take emotions out of trading and learn a high probability, no-stress methodology that doesn’t require you to sit in front of your computer all day,” Berger told Benzinga. “Emotions are really the biggest thing to overcome for any investor or trader. The methodology I use for swing trading tries to eliminate that [as much as] possible.”

Stephen Bigalow, the veteran investor behind The Candlestick Forum and the author of Candlestick Profits: Eliminating Emotions With Candlestick Analysis, will teach traders about the early warning signals for reversal alerts.

“Bottom line: I was one of the worst traders in the world,” Bigalow admitted. “I was even a stockbroker for eight years. But since candlesticks came along, I can extract money out of the markets consistently — not because I’m any great stock picker, it’s just because I can read the charts.”

Retro Wall Street’s Timothy Collins and Bob Byrne will teach investors how to profit from Volume Profiling and weekly options.

“When you learn to read the Profile, it allows the trader to identify more advantageous — from a risk/reward standpoint — entries and exits,” Byrne told Benzinga. “You’re not so prone to entering a position in the middle of nowhere. You’re not buying something when maybe you should be sitting on your hands or selling short. It can be a pretty complicated subject, but it doesn’t have to be.”

Acclaimed trader Hubert Senters will show investors how to risk $156 to potentially make $1,000.

Last but not least, Sang Lucci will teach investors how to exit a trade.

Those who attend Marketfy’s Inaugural Holiday Trading Summit will gain a lot — but they will also give so much in return.

When you register for the event, Marketfy will donate a holiday meal to a child in need. More registrants means more meals, so tell everyone else you know to sign up now!