Forex Metatrader 4 (MT4) Historical Data Download

Regardless which forex brokers you’re using, simply follow the steps described below to download quotes from the History Center in your MetaTrader 4 terminal: 1. Firstly, increase the ‘max bars in history’ in MetaTrader 4 by clicking on Tools>Options>Charts and entering ’9999999999999′. Be aware that using larger volumes of data will increase the load on … Read more

Download complete high quality minute (M1) alpari forex historical data for metatrader 4

Question: On my MT4, there are certain period where the bar is missing: For example: 2012.03.21 – 2012.04.12 2012.09.21 – 2012.10.03 I have already download the data from history center in MT4, but the problem still the same. What should I do? Answer: Your strategy tester may appear to have mismatch chart errors or modelling … Read more

Buy and sell pending orders

—————- 1.33732 ask price buy ________________ 1.33704 bid price sell During buy pending order, buy at ask price (+ spread from price) During closing, closed at bid price During sell pending order, sell at bid price During closing, closed at ask price (+ spread from price) For GBP/USD Buy pending order triggered when price 2.8 … Read more

Forex Money Management

Pip value 0.01 lot = $0.1/pip, hence for 10 pips = $1 0.10 lot = $1/pip, hence for 10 pips = $10 1.00 lot = $ 10/pip, hence for 10 pips = $100   To calculate the lot size: Lot size = % employed capital / (pips x $10) Eg: Employed capital = $1,000 2% … Read more

Patience – My Secret Weapon in Forex Trading

For me, PATIENCE is one of the most effective weapons I have in my forex trading arsenal against the common enemies of over-trading and over-analyzing. I know if I do not learn to exercise the proper amount of patience when trading, I will begin doing all kinds of self-destructive things to my trading account; over-trading, trading off … Read more