Binary options explained on mt4

Binary options explained on mt4 No Results Found. What Exactly Are Trading Simulators. How Can I Apply This To My Trading. Metatrader indicator for Trading Simulator. This indicator will automatically place the Trading Simulator on your chart. Make sure to put the file in the "MQL4Indicators" folder. "Allow DLL imports" in ToolsOptionsExpert Advisors before using the indicator. Figure 1 – Binary Options trading simulator for mt4. How To Use The Trading Simulator. Figure 2 – The simulator works just like a binary options demo account. Do not start to panic when you see the trades disappear on your right-hand side.

This is only done to make space for new trades. Notice that after closing the simulator, all trading results are saved in a “csv” file under Data FolderMQL4Files when doing live trading or under Data Foldertesterfiles when running the method Tester. When using the Trading Simulator you can combine it with our other MBO MT4 indicators like Market Sessions or News Calendar indicator. This feature is very helpful because most people tend to avoid trading during news releases and only like to trade during specific trading sessions. Every trader should consider these facts when trading Binary Options. In the below image (figure 3), you can see that we have added the News Calendar and Market Sessions indicator with our Trading Simulator. Figure 3 – The simulator can work along with other indicators like the news calendar and market sessions indicators. The Binary Options Trading Simulator can also be used to backtest different trading strategies or indicators by making use of the method tester on your Metatrader 4. We have found that this function is particularly useful for those traders who are unable to practice during regular market hours. Using the method tester enables you to trade a few weeks’ worth of data in just a few hours. The ability to trade even when the markets are close, at any time of the day or night makes our Trading Simulator a highly valuable and useful tool. Figure 4 – The mt4 binary options simulator can be used in backtests along with historical news data. Success depends on hard facts, and that is exactly what this Binary Options Simulator will give you. You will quickly find out whether your method is profitable or not. This will help you in two ways.

Number one being that in the event that your method was to be unsuccessful, you can move on and invest your time in the development of a new method. Secondly, if your method should be profitable, you can work to improve on it and move on to trade it live as soon as possible. I must admit that backtesting your method is not as real as using real money, but it creates a pretty realistic view of how well you can do with your method in the future. I personally think that Trading Simulators are the second best learning aid out there for any trader. Number one would obviously be live trading but that could get quite expensive. Backtesting Your Binary Options Algorithms. Back-testing in the financial markets means to try out a particular method using historical events and conditions. There are several tools out there for the purpose of backtesting. To backtest a method, you will need historical data with which to setup your time frame charts, run your program under simulated conditions and the backtesting software will re-create how the software would have acted if the pre-programmed conditions were met. After comparing the software’s performance with historical data, you’ll be able to detect if the software would have made profit or not. In simple terms, backtesting is carried out by exposing your particular method algorithm to a stream of historical financial data, which leads to a set of trading signals. Each trade (which we will mean here to be a ’round-trip’ of two signals) will have an associated profit or loss. The accumulation of this profitloss over the duration of your method backtest will lead to the total profit and loss. Reasons for Backtesting.

Some reasons why you would be smart to backtest your strategies: Backtests are used to filter strategies so as to weed out what works and what does not. Backtesting permits the use of certain market events to model software appropriately. Backtesting is used to ensure that the performance of a method is at optimum levels. Backtesting is used to verify that external strategies are working properly. Backtesting can be used for algorithmic trading of binary options. These binary options algorithms are able to generate signals on third party software which can be transferred to binary options platforms for execution. There are a few of these software around that generate signals on MT4 and then bridge them over to web-based binary options platforms. Software Used for Backtesting. Backtesting can now be done with several software solutions. In choosing the right software to backtest your algorithm, several considerations have to be made: The skill of the programmer. Broker compatibility Customization functionality Complexity of the method Speed of Execution Cost. Sourcing Data for Backtesting. Sourcing data for backtesting is the key component of the whole process. Without accurate data, anything else done in the backtesting process will be inaccurate.

It is difficult to get access to accurate data that goes back at least 10 years, but for the purpose of modern day trading, data that dates back to 2007 (7 years) is something that the trader can make do with. The backtesting platform we have chosen is one which also goes to provide the source of the backtesting data. So traders can source data and conduct their backtests in one platform. The platform in question is that provided by the QuantConnect Corporation. This firm offers backtesting facilities for trading algorithms, and provides data that dates back to 2007. QuantConnect offers traders free access to high resolution data for backtesting of trading algorithms on their trade simulator. Their backtesting facilities currently support US Equities and the forex market. Unlike what is seen in many other backtesting platforms, the platform on QuantConnect provides fully interactive charts, allowing the backtest orders that would have been placed by your algorithm to be overlaid on these charts for better pictorial representation and analysis. Backtests are completed in 30-60 seconds, which is way faster than what can be obtained from the MT4 platform. Traders can also build algorithms from scratch using this platform. Graph of backtest performance.

© QuantConnect Corporation. On the right you can see the summary statistics we generate for your algorithm’s performance. It is critical to understand these and try to design a well rounded method. It is a common mistake to try and optimize the annual return, and the expense of taking large risks. A good investment has a low risk, and high return. Data can also be sourced for MT4 backtesting, which is the easiest form of backtesting a binary options algorithm. Backtesting on MT4 is done by using the method Tester function. It is very important to obtain the data to be used for backtesting. This data is usually from the M1 charts. The M1 chart data is very hard to obtain, but can be accessed for selected currency pairs from this link.

To backtest on MT4, carry out these steps : Freeze all current spreads by taking the MT4 trading platform offline. This is to prevent the results of the backtests being skewed by the conversion from 4-digit to 5-digit pricing. Activate Navigator panel by clicking the Ctrl+N key. Then right-click on account under the Navigator panel, then click “Delete” to take MT4 offline. Press F2 to activate the History Center, and double click on the 1 minute timeframe to make sure there is not any existing data. Repeat the entire process for all currency pairs you would like to backtest. When all history files have been imported, shut down MT4 and allow the history file(s) to be imported fully. Then convert the M1 data to other time frames. Convert the M1 Data to work on other time frames so that you can backtest on them as well. To convert the M1 data so that it can be used to backtest the method on other time frames, launch MT4, and again cancel out of all prompts. Open an M1 chart with the currency pair whose M1 data is to be converted. From the Navigator tab under Scripts, drag the Auto_converter script on to the chart. The script should show the conversion for 5 minutes, 15 minutes, 30 minutes, 60 minutes (1 hour), 240 minutes (4 hour) and then 1440 minutes (daily) charts.

With the facilities provided by QuantConnect Corporation and Metaquotes Inc (MT4), traders in the binary options market can run backtests on their trading algorithms. The MT4 can be used for simplified versions of the algorithms while more complex work can be done with the QuantConnect interface. Binary Options. NoaFX offers a simple way to trade binary options. All you need to do is to assess the likely direction of an asset over a period of time. NoaFX Knowledge Center will be available for you to gain an understanding of the markets and strategies in order to increase your trading success. Be in the know with insights of trades from NoaFX. Daily market reviews, analysis and insight into the world of trading. We offer a variety of trading accounts and you will see one that suits you. Whatever your needs are, we have an account size for you. Leverage on one of the most exciting instruments to trade on - Binary Options. Binary options is a great and extremely simple instrument to trade in the markets.

What are Binary Options? Binary Options offer a very simple, direct way of trading on various instruments, where the payoff is a fixed amount and so is the loss. The risk or return isn't relative to the amount of distance the market has moved. With conventional instruments, if the market has moved against you 100 pips, your loss will be magnified by 100 pips and the longer you wait, the more you will lose. With Binary Options, the logic is simple. You simply place a trade whether the market is going up or down with a fixed investment and a trade duration, and at the end of the fixed period, depending on the marketЂ™s direction in relation to your prediction, your trade turns a profit or a loss. Choose Your Instrument. With over 100 instruments to trade, you can choose to trade binary options on a combination of any of the main underlying instruments. From Forex currency pairs, Gold, Indices, or even commodities, you can place a binary options trade on every possible instrument. Choose Your Time Period. From an instant trade setup of about just 60 seconds to a longer term, sophisticated trade of about 1 week , there are various different timeframes to suit your trading systemmethod. Choose a timeframe that fits your style.

Your trade size starts with as little as $1 USD. You can trade on a higher amount depending on the risk you are willing to bear. Real time price chart on left. High payout - 85% Timer on the left clocking down the trade. Profit on the right showing profits that can be taken right away. Actual price notified on window, comparable with live market data. Profit payout - 85% !! One Platform, multiple possibilities. Trade with the market leader, who gives you option to trade Binary Options within your MT4 platform. Trade binary options on all instruments, such as FX currency pairs, Indices, commodities, stocks and binary options, all within the same platform! Direct Market Feed, No Manipulation. The price feed that streams for your binary options trades are the same price feeds that stream to our MT4 platform, across all instruments that are traded by fund managers and other institutional traders as well. The prices you get are EXACTLY the same all across the board. No manipulation. 100% transparent.

Your trades, your wins! Get paid up to 85% payout on your trade amount each time you win, generous payouts, every time, all the time! Quality Education, to bring the best out of every opportunity. Contrary to popular belief, binary options can be a very profitable and sustainable money making instrument, especially when trading with other instruments to complement your trades! Learn Binary Options from the Master himself. Abe Cofnas is the world leader in binary options trading and analysis. His books, "Sentiment Indicators" and "Trading Binary Options: Strategies and Tactics", are recognized as breakthrough works in this area. Today, his 'BinaryDimensions' newsletter shows readers how to break the market down to its most basic forces. and how binary options can play those forces easily and inexpensively. Abe ranks among the top Foreign Exchange (Forex) traders working today. Not only has he written four books on the subject, but he has also written 110 pieces for Futures Magazine's Forex Trader column since 2001. Using the best methodologies from several fields, Cofnas provides NoaFX with state-of-the-art webinars and coaching for their binary option traders.

Binary Options Expert Advisor. NoaFX has integrated Binary Options EA into its MT4 trading platform. This means, you can now trade Binary Options on MT4 using our brand new Expert Advisor (EA). Some of the advanced features of the new and improvised Binary Options EA include: Swiftness: Binary Option Expert Advisors (EA) is easy to use, quick on results and saves time. Single platform: Binary Options is seamlessly integrated into a single trading platform which requires the installation of only the MT4 Platform and the EA. Placing multiple orders: The updated version of Binary Options EA gives users the option to place multiple trades at one go. Order Type: Unlike the previous Binary Options platform, the updated Binary Options EA gives the users to choose between Market Order and Pending Order. Trade around the clock: Traders can trade Binaries by enabling EA at any time of the day. FAQ on Binary Options & Expert Advisor. 1. What is a Binary Options? It is one of the options wherein you get a fixed payout on your trade placed at that particular time. If the trade is a winner you make profits or else you make losses. 2. What is the difference between forex trading and binary trading? With the forex market, every time you enter into a trade you risk the entire amount of money in your trading account, while with binary options your risk is always limited to the amount you committed to that specific trade. Also, while trading forex, there is no time limit to the trade.

The trades can go on for minutes or even weeks. In Binary options, you know the time limit on the trade when you enter the trade. 3. What are the different momentums while placing the trades and how do we analyze this? The trades with shorter duration like anything less than an hour, need detecting momentum changes and the trades with longer duration which are an hour and more needs attention to market sentiment. 4. What are the uses of binary options? Binary options can be used as a separate form of investment and trading. It can also be used to offset or hedge the risks that are involved when you enter into a forex trade. When you are long on EURUSD, you can hedge that risk by going short on EURUSD through binary options. 5. What is the timeframe for a Binary Options Trade? At NoaFX, we cater to the requirements of a wide range of traders ranging from the scalpers to the positional traders. That is why we have a variety of time period starting from 1 minute to a week. 6. What is the margin that I should keep while trading the binary options? There is absolutely no margin requirement.

It is all cash. The risk the trader takes is only the amount chosen by the trader when entering the trade. 7. Is your Binary Options Platform integrated with my MT4 account? The binary options trades can be placed from your existing MT4 platform and you can trade all instruments, such as currency pairs, Indices, commodities, stocks etc. However, to be able to place Binary Options trades from your existing platform, you'll need to enable the Binary Options EA plugin in your MT4. Here are the step-by-step instructions on how to enable Binary Options EA plugin in the MT4 platform. 8. How are the returns if I choose the binary options? Please note that the BO payout will vary based on market conditions and volatility. The payout is likely to be low during low activity periods of the day when all major markets are closed and hence volatility is low, and it will be high during London and New York market times. However, we as a broker do not have any control over the payout, so it is always good for the traders to see the payout displayed in the platform before the trade is placed. 9. What is the minimum and maximum amount of investment per trade? At NoaFX, the minimum limit for placing a binary options trade is $1 and the maximum investment amount per trade is $1000. 10. Do I need to register for this?

How do I go about it? Yes, you do need to register if you want to open a binary options account. Please click here to download binary options account opening guide. 11. How to manage the risks? One of the biggest advantages of options trading is that you know the risk and the returns when you place a trade. This is not available in any other kind of trading as the risks can be endless unless you have strict control over your trades and your emotions. You can manage the risks by setting your investment amount per trade at a level that you are comfortable with and you can never lose more than your investment amount. 12. What is UpDown bet type in Binary Options? The UpDown bet type allows a trader to bet on the chosen currency pair's direction within the selected time frame. At the time of entering a trade, the trader may bet that the value of the pair will either increase (Up) or decrease (Down) within the selected time frame. At the end of the time frame, if the currency pair has moved in the same direction as the trader's bet, the trade is a win.

13. What is OddEven bet type in BO? In Binary Options, one can also trade on the last digit of the currency value either going ODD or EVEN within a selected time frame. If the last digit of the number is 0,2,4,6 or 8 then it is Even and if it is 1,3,5,7 or 9 it is Odd . 14. What is Binary Options Expert Advisor? By incorporating Binary Options trading into the NoaFX MT4 platform, traders can now utilize the most popular feature of MT4 ѓўўЂљ¬ў‚¬“ Expert Advisors (EAs). Binary Options EAs allow traders to automate their Binary Options strategies thus removing emotions from trading decisions. 15. How is Binary Options different from Binary Options EA? Unlike the previous Binary Options platform that required two different platforms for trading Binaries, the newer and upgraded version of Binary Options EA has integrated Binary Options into a single trading platform, thus requiring the installation of only MT4 Platform and the EA plugin. What more, Binary Options EA lets you to place multiple orders simultaneously making trading a lot faster. Also, unlike the older Binary Options platform, the upgraded BO EA allows you to choose between Market Order & Pending Order. 16. Can I upgrade my platform to Binary Options EA? Yes, if you are already using the older Binary Options platform, you can easily switch to the new Binary Options EA. 17. How can I upgrade my existing BO platform to the new Binary Options EA? In order to upgrade to the new Binary Options EA, you will be required to install EA plugin into your device. Existing users can either access the EA plugin via their Client Area or could write to us at email protected New users, on the other hand, would first need to register for a New Account in order to install the EA plugin into their trading device. NoaFX Binary Options Trading Champions. Displayed below is a list of top performing NoaFX traders who have consistently demonstrated success in trading Binary Options.

Luis Alberto Atuncar Sanchez. Po§Јo de Pedras, Brazil. Thuy Than. Ho Chi Minh, Viet Nam. Risk warning: Trading foreign exchange, commodity futures, options, and other on-exchange and over-the-counter products carries a high level of risk and may not be. suitable for all investors. Please read our Privacy Policy. MT4 Binary Options Trading. Trade Binary Options on MT4 with Direct FX. Between 70 and 80% potential return on successful trades. Multiple Time Frames. Enjoy expirations of 1, 5, 10, 15, 20, 30 and 60 minutes. Trade from as little as USD $1. Controlled Risk Trading.

You cannot lose more than your original investment. What is MT4 Binary Options Trading? Binary Options represents one of the fastest growing markets in the world with traders who are looking to capitalize on short-term market moves. A binary option is a financial instrument in which the payoff can take only two possible outcomes, either a fixed payout or nothing at all. Traders choose the direction of a given instrument by using either an "UP" trade or "DOWN" trade within your preferred time period. EURUSD is currently trading at 1.1000. A trader who thinks that the EURUSD price will close at or above 1.1000 at expiration would place an UP trade based on their analysis. If a trader thinks that the EURUSD price will close below 1.1000 at expiration, the trader will place a DOWN trade. ou cannot lose more than the amount you risk per trade. This is unlike other investments where you can lose substantially more than your original investment. Low collateral required to trade. trade with as little as $1 per trade. Opportunities in volatile and flat markets.

substantial profit potential with small or large moves in the market. Multiple daily trading opportunities. with shorter term expiry's multiple trading opportunities exist very day. Full functionality of MT4. clients can still trade Forex, run custom indicators and EAs on binary option charts. simply chose the instrument, investment amount, expiry and either Up or Down. No need to manage the risk associated with an open position. 24 HoursDay, 5.5 DaysWeek Operational Support. Dedicated Customer Support Operations. Binary Options Roller. The Binary Options Roller enables you to “trade the trend” by open trades in succession based on the parameters you set. This Roller order help traders capture enhanced profits from the longer, more accurate expiration timeframes.

2. Set the trade parameters – Investment, Expiry and Direction. 3. Trades will be placed with the auto-rolling feature. 4. Built-in risk management tools such as “take profit” and “stop loss” levels. 5. Trader can “Stop” the Roller at any time from automatically opening new positions. How to use Metatrader 4. By Markus Silvester - October 26, 2012 10:56 am. We present a short overview of how to use MetaTrader 4 platform. If you are looking for a guide for MetaTrader 5, scroll to the bottom of the article or click here. 1. Read ‘Help’ instructions. Be sure to read the instructions (help) about the program. It does not take much time however, it will remove most of the questions about working with Metatrader terminal. To do this, press the “F1” key on your keyboard or click the “Help” link in the top menu of the terminal. 2. Menu and workspace setup.

There is a picture below in which the menus and windows of the program are given to one of the species, which is convenient for most of the traders. You can configure the terminal to a convenient form for you. We will explain how to do it gradually. All windows and panels in Metatrader 4 can be dragged by the mouse and placed in the correct location. By pulling on a corner or edge of the window you can resize it. You can adjust the color of the field, lines, candles, etc. You can customize the workspace and save it to your profile. Thus, it is easy to create several different views, for example, by the number of tools, and then set the desired profile by pressing a single button. To learn more or to change the settings of a field, right-click and you will see a new menu. 3. The “Market Watch” space and creating the list of financial instruments. In order to speed up the terminal and reduce Internet traffic, some trade instruments must be removed from the list of extra tools. To do this, please right-click the mouse on the field “Market Watch”, see Figure 2. This is an indicative list of tools, each broker has its own and it may differ from what you see in the figures. Figure 2. Hide all symbols in MetaTrader4. From the menu bar select “Hide all” symbols and click on it with the left button. A long list of most of the symbols will disappear, leaving only those which have open charts.

You can now turn to the list of the required tools. To do this, click on “Symbols” in Fig. 2. Figure 3. Creating a list of tools in MetaTrader 4. A new window appears with groups of instruments: Figure 4. Groups of financial instruments in MetaTrader 4. Let’s continue to create the list of tools. If you click the mouse on a cross in front of a group of financial instruments, it will open and we will see a list of tools that group includes. Figure 5. Tool list of one group in MetaTrader 4. By choosing the right tool and clicking “Show”, the tool will be added to the list in the “Market Watch”. This procedure can be repeated a number of times and select the desired tools. If you click the “Properties” window, it will open with the basic properties of the tool. Thus, we have created a list of instruments. Although the formed list of financial instruments can be stored, you can create several different lists and use some of them as necessary. MetaTrader 4 includes a list of some ready tools. List of management tools (selection, saving and deleting) is going by already familiar to us through the menu in Fig.

3. To do this, select the line “Set”, then “Save As” or “Delete” or select the right set of tools from the list. 4. Charting, setting the display format. Let’s look again at Fig. 3. If you click on the menu item “Chart Window”, this will generate a chart of the tool selected in the “Market Watch”. The appearance of the charts will be such as specified in the standard template. To customize the appearance of the graph according to your preference, right-click the mouse on the panel space and select “Properties” – the bottom line of the menu or press the “F8” button on the keyboard. A panel opens by means of which you can select the preferred color scheme and customize the color of each element of the chart: background, candle and some of its elements, the color of the lines. Making settings are very easy, as you will immediately see the results of your changes. So you can customize each box with space individually, and if you want to save the settings for the new charts automatically, it opens the way you like it. How to do this? Right, click on the field box to space then we will see the menu (see Fig.

6.). Select the line “Template”. Figure 6. Select, save or delete the template chart window in MetaTrader 4. In an additional menu to the right, select “Save Template” and save the template under a new name. Later you can select the template to any chart, and thus give it all preconfigured properties. On the right, we see a list of menu templates, and you can choose one of them and see how the chart changes. Maybe some of these patterns will be useful for you. Need Guide to the new version – MT5? We have it! Analysis of financial instruments price dynamics is the most important component of successful trading. In MetaTrader, 5 developers have tried to give as many analytical capabilities as they can for the traders. It offers traders three types of charts as before: line, candlesticks, and bars. Traders can use 38 built-in technical indicators, 39 graphical objects and a lot of MQL5-indicators in order to make data analysis.

All these analytical tools can be combined in different ways: objects can be applied on indicators, to build indicators from other indicators, and so on. For convenience, the indicators are divided into groups: trend, oscillators, volumes, Bill Williams and others. There are no ability to create own groups and move the lights between them. See our article on How to Trade With MetaTrader5. Quote history in MetaTrader 5 is stored in the minute timeframe (M1) and all the charts are based on them. This solution has increased the number of timeframes up to 21 to analyze quotes, you can use any period from minute to the month. The main limitation of timeframes is their multiplicity: one hour must have integer minute periods. This rule satisfies the following timeframes: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, and M30. Historic data storage in the MetaTrader 5 is highly economical. For example, a minute history of GBPUSD quotes for ten years occupies about 10 megabytes. Once trader downloaded this history, he can build all the charts of the instrument from M1 to MN1. In terms of orders opening, MT5 has a lot of innovations.

But the dialogue itself has remained virtually unchanged. In addition to general rules of order execution given by the broker, the trader can specify additional conditions in the “Execution Policy” (only in the stock market) order window. News archive. Min. Deposit Sign Up Bonus $10 up to $300. Trusted Forex Broker. Min. Deposit Max. Leverage $100 1:400. Top Trading Platforms. Broker Min.

Deposit Min. Investment Reviews $250 $25. Please visit our sponsors. Copyright © 2012-2017 All Rights Reserved Fair Binary Options - de. Disclaimer: This website is independent of binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade binary options. Information on FairBinaryOptions. com should not be seen as a recommendation to trade binary options or a be considered as investment advice. FairBinaryOptions. com is not licensed nor authorized to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website. Is this your final decision ? We suggest you visit one of the popular brokers instead! Help FairBinaryOptions remain fair.

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Ethereum Code Is a Fraud - Ethereum-Code. com Scam Review. What is Blockchain - Blockchain for Beginners. MetaTrader 4 aka MT4 is a trading platform that is used by millions of traders and brokers. The platform can be downloaded for free from many of the online brokers trading forex. This article will give you a great MetaTrader 4 introduction. By the end of this tutorial you will navigate the MT4 platform like a pro. MetaTrader 4 provides tools and resources. Traders use the MT4 platform to place and manage trades. It can be used to view currency prices in real time. Furthermore, MetaTrader 4 offers technical and fundamental analysis and is also appropriate for automated trading. As far as the choice of currencies goes, MetaTrader4 offers an extensive selection of currency pairs.

It also has a drop chart with indicators to pick from and place on your charts. Therefore, the charts are customizable. Although at first glance the MT4 platform looks complicated, it is actually very user-friendly. If you are new to trading, do not panic! This article will take you by the hand and walk you step by step. By the end of this set of articles, you will be able to download the MetaTrader 4 platform, select your favourite currency pairs, spot breakout patterns, and track your trades. Image of how a MetaTrader 4 Platform looks like. Plan Ahead – You may want to trade in a Virtual Environment before risking your capital – in which case you can open a Demo Account. MetaTrader 4 Introduction and Download. MetaTrader 4 cannot be accessed through a website. It requires download and installation to your computer, phone or tablet.

Here is how to open your account. You can either download directly from MetaQuotes metaquotes. net You can select one of the many Forex Brokers who uses the MetaTrader4 or even MT5 and downloads directly from their site. Make sure that you select a broker that is safe. Do your due diligence and make sure that the Forex Broker you select has good reviews. One great place to check on brokers is ForexPeaceArmy. com Enter your account details carefully. Remember that on MT4 you can hold one or more accounts. When you are placing trades, make sure that you are placing them through the right account. If you have multiple accounts, keep a record of your login and password details.

If you think you may forget them you LastPass for safe storage. lastpass. com Back to my earlier comment, you should consider the virtual environment (Demo Account) before you plunge in with your real cash. Trading on a demo account will give you the real feel of the MT4 platform without putting your hard earned cash at risk. Moreover, you can always top up your “dummy money” if you lose your capital. MetaTrader 4 Introduction – How to Set An Order. I am now assuming that you have followed through and set up your MT4 account. Therefore it is now time to start making money by learning how to use it! I understand that looking at the MetaTrader 4 Introduction platform looks more like a NASA chart. All the windows, buttons and instruments can be a little bit daunting. However, as I explained earlier, I will be holding you literally by the hand and walking you through it! Let’s move forward on this MetaTrader 4 Introduction – because this is singlehandedly the most important part of helping you make money online trading Forex! World’s Largest Social Trading Forex Platform. Setting Orders of MetaTrader 4 Introduction. Setting Order is a basic that you cannot do without! In this article, we are going to look at how we are going to. Sell or Buy an Asset or Currency pair – via Market Execution.

Pending Orders – Another way to buy or sell You have entered a Trade BUT want to modify it – how can we do this? Let us go ahead and start off with the first target of setting orders in this MT4 platform explanation! #1 Market Execution – How to Enter A Trade. Our first step is to click on the new order button. This is found in the dialogue box at the top left-hand corner of your MT4 trading platform. Once you hit the Order button you will get a new screen. Here is where you select the Order Type and Market Execution from the drop-down Menu. Next, you must enter the size of your position. Remember that in this case volume is expressed in LOT SIZES. As such if you are looking at buying for example 2000 units say $2000 (United States Dollars) you will enter “0.02” in the volume field. The dialogue box with “notes and remarks” is an optional box which I find extremely useful to use. This could be the place where you write the reason for which you are taking a trade based on a particular analysis.

And finally, it is time to decide on which direction you are taking your trade. This is where you decide whether you are going to BUY or SELL a currency pair. (Or whether to LONG it or SHORT it). Once you hit the button that reflects your decision, you will have a pop-up window that will confirm that your trade has been processed. Later on, we will explain how to limit your exposure on a trade by executing a Stop Loss or Take Profit. These are exit levels that we may modify even AFTER we have placed an order. MetaTrader 4 Introduction – How to Enter a Trade Via a Pending Order. Let us go back on the MT4 trading platform and once again click on the New Order button. This time however from the drop down we select the Pending Order Type instead of the Market Execution. Naturally, you need to select your currency pair and whether you want to BUY OR SELL the pair. At this point, you will be given 4 options.

Your Buy Limit Option is necessary if you plan on buying or “going long” at a price which is lower than the current market price. Your Sell Limit Option is necessary if you plan on selling “going short” at a price which is higher than the market price. Your Buy Stop is important if you are planning on buying a currency pair at a price which is higher than the market price. Your Sell Stop is vital if you are planning on selling at a price lower than the market price. Now that you have decided which type of order suits your need you will need to enter the price at which you want to enter the market. As with Market Executions, you will now enter the value that you want to trade. This is known as the volume field. Here is where you will decide at which point you want to take profits or stop losses. Enter your desired levels in the fields shown. A Pending Order will also give you the option to set an expiry date on your order. Choosing this field automatically means that if the market does not reach the levels you require, the trade will automatically be canceled. Now you will just need to go over the complete details and once you are sure about your levels, you click on the Place Order button. A pop-up window will again appear to confirm that your order has been processed and executed. How to Modify Trades – MetaTrader 4 Introduction.

If you look down at the bottom of your MT4 platform you will find all your running trades. All the information relevant to the trades is also found here. This includes the strike price, the value of your trade, your stop losses and takes profits. Let us assume that you want to move your goal posts and wish to addchangemodify your profit or loss target: This is the process you will need to follow. Make sure that you have no open dialogue boxes on your screen from other trades you were planning to execute. Right-click on the trade and the dialogue box pertaining to the trade in question will appear. Here you must decide whether you want to either “Modify” your trade or “Delete” it Fill in the Take Profit or Stop Loss to your desired levels. Confirm by hitting the Modify button. The MT4 dialogue box will now confirm that the adjustments have been registered. How to Close a Running Trade on MT4. If you are not relying on your “Take Profits” or “Stop Losses” on any particular trade, you may want to close an open trade. This can be either because you are happy with the profits you have gained.

Otherwise, it can be because you want to limit the extent of your losses. This is how to proceed to close an open trade: Right-click on the trade in question. Choose the “Close Order” option from the menu. If you are sure about closing this order all you will have to do is hit the close order button. The trade is automatically closed and the balance should now reflect the gain or loss you have made with this trade. MetaTrader 4 Introduction and Conclusion. In this MT4 platform tour and introduction, we have gone through the basics of opening an MT4 platform which can be used for all your Forex Trading requirements with any broker. Binary Options Indicator. Scroll Down to See Real Proof of Results! Features of the BO Indicator: Trade on the 5m, 15m, 1Hr, End of Day and End of Week Expiry Time(s) Operates on the MT4 Platform Works Across all Major Currency Pairs (EURUSD, USDJPY, AUDUSD, GBPUSD, USDCAD and the USDCHF) 83% Average Win-Rate over 4-month Test Period GMT filter applied to only show signals during liquid market hours (7am – 6pm GMT) Pop-up Screen and Sound Alert to Make it Easier to Use. You’ll receive a complete installation and operational manual after clicking the download link.

Live Proof of Results (VIDEO) How the BO Indicator Works: The BO Indicator is an Meta Trader 4 signal indicator that will advise you when high quality trading opportunities arise. You will then just need to follow the simple instructions, generated on each occasion, to execute new binary options trades. Our BO Indicator has a 83% average win-rate and has been custom built to operate on the Meta Trader 4 platform. The design of the BO Indicator is developed using a number of technical indicators to find counter trend reversals at over sold or over bought levels. This applies to both the lower and higher time-frames. Once a trading opportunity is generated, an arrow, pop-up box and sound alert will be generated so that you can take the trading opportunity. The arrow will include the direction of the trade (CALLPUT) while your exit position should be timed based on the time-frame you are trading. Trading off the 1m Chart – 5m Expiry Trading off the 5m Chart – 30m Expiry Trading off the 15m Chart – 1 Hr Expiry Trading off the 1hr Chart – 4Hr up to End of Day Expiry Trading off the Daily Chart – End of Week Expiry. The BO Indicator has been primarily designed to protect your account balance as its primary objective by restricting the size of losses. As such, the BO Indicator will only identify new trading opportunities whenever the price of an asset acquires enough energy and momentum to decisively break below or above well-defined entry criteria. Consequently, whenever such conditions are satisfied, price normally has enough power to advance in its favored direction by an extended distance securing wins in the process. Here we can see the BO Indicator on the 1m Charts. Here we can see the BO Indicator on the 5m charts. Here we can see the BO Indicator on the 15m Charts.

Here we can see the BO Indicator on the 1hr Charts. Here we can see the BO Indicator on the Daily Charts. Frequently Asked Questions (FAQs: 1 . How does the BO Indicator find successful trading opportunities? The BO Indicator was created to ensure that it always complies with the following famous trading motto, which states: ‘Look after your losses and your profits will take care of themselves’. This tool fulfils these stipulations by utilizing the benefits of the Stochastic Oscillator as well as several other indicators. This tool detects price reversals and then confirms them using a number of methods (it also uses a number of filters to avoid lower quality signals). When the indicator detects a change in direction of the overall trend it will then confirm this with the Stochastic Oscillator in over sold or over bought levels. This helps confirm that a reversal is happening. As soon as all conditions are met, the indicators publishes a CALLPUT arrow on your chart. Note that you should take the trade as soon as you see a signal – do not wait for the candle to close. Since the BO Indicator is fundamentally a momentum driven device, it also monitors longer term trends to detect the quality of new trading opportunities. Basically, the BO Indicator is very effective when price movements are strong and extensive. Consequently, the Stochastic provides an additional evaluation of these key parameters.

2. Does it Include an Alert Box? Yes! After feedback from our members we provided a newer version that includes an alert box and sound alert when a new signal is generated. This makes it easier to see new signals, especially when installed on multiple charts and time-frames. 3. Does it Work on Any Broker? Yes. The BO Indicator has been designed to operate on the MT4 platform, which can then be used to trade on any binary options broker. However, we strongly recommend using StockPair. com because they are the only broker that allows you to choose your expiry time (5m, 15m, 1hr, End of Day, End of Week) that correlates with our signals. 4. Which Binary Option Broker should I use? You can go to our binary options brokers page which lists the top regulated brokers in the country.

Each has been rigorously tested and researched by our team and you can read their review of each if you are still unsure which one to choose. Our selection of binary options brokers offer platforms which support MT4 or have ability to support auto trading or binary options robots along with use of Expert Advisor. 5. What is the Win to Loss Ratio of the BO Indicator? The average win-rate for the BO indicator is 83%. The performance of the BO Indicator was determined by calculating its win-to-loss ratio generated over a recent 4 month period. Trading on higher time-frames creates a higher win-rate because it eliminates market noise. 6. What is the Expected Return on Investment of the BO Indicator? The BO Indicator will generate a profit of 0.67 for every $1 placed at risk over the long haul. You can calculate these two important parameters yourself by utilizing the following process. In this case, the ‘In-the-money’ payout ratio was 81% while the ‘out-of-the-money’ refund was 0%. Consequently, if $10 was wagered per trade on average, then a $8 average profit was gained when ‘in-the-money’ while an average $10 loss was created when ‘out-of-the-money’. The method has an 83% win-rate With a $10,000 account and 2% risk management with 20 setups: $10,000 x 2% per trade = $200 per trade with an 81% payout from your broker 20 trades x $200 = $4,000 invested overall $4,000 invested x 83% win-rate x 81% payout = $2689.2 That’s a 67.23% Return on Investment! 7. Which Assets does it work on? The BO Indicator has been constructed to trade six carefully-chosen and well-tested assets proficiently, which are the EURUSD, USDJPY, AUDUSD, GBPUSD, USDCAD and the USDCHF.

The software incorporates powerful algorithms which particularly focus on the trading dynamics of these currency pairs. 8. Which Time-Frames does the BO Indicator Work on? The BO Indicator is structured to work on the 1m, 5m, 15m, 1hr and Daily time-frames. You can use a regular broker or StockPair. com to to trade the time-frames perfectly with the binary signals: Trading off the 1m Chart – 5m Expiry Trading off the 5m Chart – 20m Expiry Trading off the 1hr Chart – End of Day Expiry Trading off the Daily Chart – End of Week Expiry. 9. Does it Filter Signals During Major News Events? No. We decided against filtering signals during major news events in order to provide more control to customers. There are a number of other news-based indicators that you can install for free on your MT4 platform if you wish to avoid trading during news events. Leave a Reply. Practice Trading at eToro Now! Best Forex Brokers 2017: $100000 Free Demo Account. $20 No Deposit! ONLINE TRADING COURSES. Forex Beginners Course. Binary Options Course.

Binary Options Strategies. Price Action Trading Course. Trading Courses: Signals and AutoTrading. About Us & Partnerships: Copyright Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings. Disclaimer of liability: The website owner shall not be responsible for and disclaims all liability for any loss, liability, damage (whether direct, indirect or consequential), personal injury or expense of any nature whatsoever which may be suffered by you or any third party (including your company), as a result of or which may be attributable, directly or indirectly, to your access and use of the website, any information contained on the website. Download our Binary Options Indicator with an 83% Win-Rate Now! Binary Options on Meta Trader 4. The relatively new field of binary options is growing rapidly. Leverate, a provider of solutions for forex brokers, introduces a platform for binary options that integrated into the popular MT4 platform popular with forex traders. I believe that 2011 will see more traders and more providers entering the field of binary options. This is also a result of the new limitations on standard forex trading, and the development of the binary options. Here’s the full press release from Leverate: Leverate Launches First MT4 Integrated Binary Options Platform.

Leverate the Premium Forex Broker Solutions Provider is pleased to announce the launch of the first ever Binary Options Platform that is integrated with the MT4 platform. The binary options platform is the fourth platform offered by Leverate as a part of its private label solution as a shared wallet with a single login and password to trade and update across all four platforms thus providing the broker with a distinct competitive edge against other brokers in the market as well as an expansion of its market share. The Binary Options platform is the newest addition to Leverate’s offering to private Label Clients after their MT4 Client, Web Trader, and Mobile Trader. As the first Binary Options platform which is entirely compatible with the MT4 platform, and offering a shared wallet between all platforms the trader can use his existing trading account and his current username and password details to login to the Binary Options platform. The platform is web-based, so no download is necessary, traders need only internet access. The intuitive platform is fully customizable and is supported by an advanced Content Management System which allows the client to design the website hosting the trading engine to their exact specifications with maximum ease. Leverate offers a full turn-key solution for clients looking to establish a premium Forex brokerage in addition to the full range of solutions that are already a part of its private label solution Leverate is now able to offer the Binary Options platform, which includes the trading engine, the web based front end, the CMS, and the risk management and integrated billing system. Leverate’s Business Development Director Lior Shmuely explains why binary options trading has become such an important financial trading vehicle, “The Binary Options market which has seen a massive explosion in popularity in recent years is attractive to both beginner and professional traders. This is mainly due to its simplicity and limit of risk a trader need only have a sense of the direction the market is taking and the fixed payouts mean investors have a limited exposure to risk”. Leverate, as well as its private label clients, are the only firm to offer an MT4 integrated Binary Option Platform and as a result are extremely well placed in the market. Leverate Sales & Marketing Director, Juan Jutgla comments, “We’ve been at the forefront of the Forex market for a while now. By adding MT4 integrated Binary Options to our existing package of MT4, Web Trader and Mobile Trader platforms, we’re helping to create full-service brokerages. With one trading account, brokers can offer access to dozens of assets across Forex, Commodities, Stocks and Indices.

” Leverate offers cutting-edge solutions powered by breakthrough technology. Leverate provides market players with trading tools and services such as full white label solutions, Liquidity Bridge, live feeds and web & mobile applications. Dozens of brokers around the world rely on our solutions and services to increase trading volumes, achieve maximum precision and accuracy with market feeds and prevent fraud. In line with our commitment to our growing customer base, Leverate continues to develop new solutions and innovative technologies that address evolving market trends and generate better value for our customers. Yohay Elam – Founder, Writer and Editor. I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. About ForexCrunch. rex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. Useful Links.

Disclaimer. Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary.

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