Forex tester 2 coupon code

Searching for the best forex robot is surely a difficult task at the hand of the traders. Many a time these robots are questioned for their credibility. But the truth is that their increasing use by traders in the forex market has negated all such view points. Literally meaning a forex robot is something that can be attached to your forex trading platform to generate maximum profits for you in the forex market. It has the capability to trade on its own i.e. automatically. The word automatic is more than enough to attract traders to the system. The robot is programmed to make and sign deals on its own, to enter the market when the price is best suited to the trader and o exit when the trader does not want to trade. It, thus gives all details of market position at certain point of time to the trader. The best forex software trading platform is the one that does not demand the traders attention to mint money. From the traders side, it is required that he tests the robot on demo account with virtual money. This is the most advisable things for any trader. If they are directly testing the robot on real money, it is risk prone and the trader might face losses. Good forex trading software explains all the nuances of the market to the trader. The trader gains the knowledge of how the robot actually works with real accounts and real money. But the trader should keep in mind that it has to be used the way the programmer has programmed it to work, or it can backfire. The trader can find reviews on forex robot which will facilitate him understand the system and its use. This will also provide the trader some knowledge about a good robot. Undoubtedly, robots have proved their worth in forex trading, yet the forex robot needs to be checked and tested aptly before putting it to use. The best robot would be uncomplicated with every detail on its practice and management which will make it readily acceptable by the trader and broker. A robot can also be called automated forex trading system wherein the characteristic of being automatic is its strength. The trader is free of worries after putting the system to use as it will work on its own generating long term profits for the trader. All of the facilities of trade software appear to be easing out the process of trading but the trader has to check the robot for its authenticity and output before deciding to buy or use it.

When you are aFOREX trader that has been using a FOREX trading robot to help with yourtrading it really is a fairly new field. The fantastically intertwinedcombination of the human intelligence and the abilities of the FOREX robot willprovide you with a very useful tool. Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTablemso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:"Times New Roman";mso-ansi-language:#0400;mso-fareast-language:#0400;mso-bidi-language:#0400;With the advent of the FOREX trading robots it has opened up the world of FOREXtrading for everyone from a newbie trader to those who are veteran FOREXtraders. After some tinkering around with and automated FOREX robot or evenpurchasing your own robot you can really set yourself up to start making somereally great profits.There is one thing that is for sure. If you use a FOREX trading robot you willhave a rather distinct advantage over traditional trading practices.So here we go with the obvious question “What’s a FOREX Trading Robot?” Well atrading robot is used for the purpose of crawling through markets to search forspecific signals. For instance a robot could be searching for combination ofparticular indicators and by indicators it is meant items such as weight priceaction, technical price patterns and forward projection scanning.When the trading robot has successfully found a combination that it is supposedto be looking for it will begin to make calculations and then it will be tocalculate what amount can be purchased for a profit.It is for this reason that FOREX trading robots are often referred to as experttrading advisors. There are many trading robots that are so advanced that theycan do the searching and calculations all on their own much to the delight ofboth newbie FOREX traders and the most seasoned of veterans. FOREX tradingrobots are incredibly popular with traders of all skill sets.One of the hugest benefits of a FOREX trading robot is that the FOREX tradingcommunity is running 24 hours a day and 7 days a week and the FOREX tradingrobots are automated you will not miss a bit of the action while you aresleeping. Making the choice to use a FOREX trading robot will put you one stepahead of the rest of the pack. Since they are such an advanced piece ofsoftware they are able to do some incredibly accurate calculations that arerarely wrong.The really great thing about a lot of these FOREX robots is that most designersof this type of software offer a demo version of their software  so that you will be able to determine if thesoftware will live up to its claims. This way you know that you have gotten thebest FOREX trading robot for your unique trading needs. Article Tags: Forex Trading Robots, Forex Trading Robot, Forex Trading, Trading Robots, Trading Robot

Those who are new to this forex trading platform for them it is very difficult to resist from being engulfed by the attractiveness of the earning maximum profits in the market. Even though all the traders are aware of the fact that forex is a risky zone where market is full of frequent up and downs thy used to do common mistakes and then pay huge fine as a compensation for that mistake. Caution and attention are the keys to come over the hovering ship of the forex currency pair exchange deals and to make position at the market intelligently without occurrence of any big issues. The formula that can be used to determine the position size to imprint your presence in the market is as follows: X = R x B/ T x (P1- P2) Where X = position size in units of base currency R = percentage of account trader wish to put on riskB = Account BalanceT = short and long indicator, -1 in case short position and +1 in case of long positionP1 = Entry Price P2 = Exit price or stop loss price level This will help the traders or investors to take active participate in the forex trading platform with the accurate calculation of the exact position size. Any kind of trading set up no matter it is best in acknowledging trade activities with perfection but still thee are possibilities that any thing can go against your trade position and your winning move can turn up into loss. Certain degree of randomness or risk always exist in the forex trading platform it is not a big issue to panic but of course precautions should be taken avoid huge amount of losses by implementing good trading practice with preciseness in your trade moves. When something can not be avoided then we should try to manage such inevitable incidences or occurrence. This is just a part of forex and all the traders should learn to bear the losses if they want to succeed.Determining the position size would be helpful but important is building your trading psychology to cope with any kind of trading troubles.

Currency trading also known as "Forex trading" refers to exchange of one currency for other. Forex trading is always suited for beginners as there is less major currency to trade as compared to trading in stocks where you have to trade between tens of thousands of stocks. The Forex trading always goes in pair where if you purchase n number of one currency then you have to convert it into other currency where you think you will land up making profit. Various factors may be involved making the rate of currency goes up and down, so always make a profitable step while converting your currency. In Forex trading which is easier to learn and adapt to can make you earn huge sum of money. Now with the technological changes the trading in currency has also changed as now trading can be monitored by software named Forex software that will monitor your trading 24-7. Forex software is a program that can monitor your trading whole day and with the help of this great software you will not miss out any lucrative opportunity to win and can even help your losses to minimize. So this software serves both the process of increasing your profits and reducing the losses. Hence it can give a support for making your dream to earn more come true. However various factors become decisive while purchasing software as it may be able to meet your requirements. Various things are to be noted while purchasing Forex software. It should always be kept in mind that the software you purchase should be operational complete day and should not stop operating or monitoring your trading process even for a second. If the software is operational all time then it becomes easier to grab the best opportunity to earn and it will also reduce your chances of loosing money. Apart from having your software working all time it should be always noted that the software comes at affordable prize as it should not be expensive to become unaffordable. As well thinking about this clause that the software should be affordable then it must not compromise with quality. It is not worth a compromise of purchasing cheap software with fewer facilities. There are also several options available that makes it a choice with the user to purchase or not after using the product for some days. If you feel that the software is not convincing or worth the price then you can deactivate the service and chose for other products available. While purchasing software remember to clarify with the dealer that the software is up to date in all respect and is the latest version on software. Latest version enables you to achieve the best output from the product and helps you become tension free in the trading. New version of the software are required as some case of shortcomings are found in the previous versions and the new version always overcome the shortcoming in the previous versions, thus providing the best. Hence using Forex software to help you trade in currency is necessary and can lead you earning to the maximum you can.

Forex Grid TradingUnusual as it is, the Forex grid trading system still entices many traders to come and give it a try. Why? Well, this is because of the significant rewards that one could get if they were able to do it properly. Simply put, buying and selling the same currency as a means of creating a hedge isn’t the easiest thing in the world to accomplish. Not to mention the fact that if you have no idea what you’re doing, it can also be a very high risk investment. Now, there are many different things that a trader would require if they are intent on giving this type of trading a try. The first thing you’ll need is a broker’s account that would allow the different types of transactions. However, this can be a bit tricky in some places of the world that actually prohibits traders from having to buy and sell transactions open at the same time. This also extends to their ability to place target orders and other entry which would activate automatically at predetermined price levels.Once you get the account, there is another challenge to overcome. This would be your own mindset and combating boredom. Forex traders or day traders very rarely allow any deals to be active beyond a specific number of days. However, when it comes to Forex grid trading, you would need to make use of relatively large size grids which are typically around 150 or 400 pips as this can help lower any risks. However this means that this grid system might take up to a week before it triggers a transaction and a month after that before you can get a result. As you can see, if you’re used to doing things quickly and efficiently then the waiting period might make you want to simply lose interest. Just do not make the mistake of reducing your grid’s size in order to shorten the waiting time because doing that can increase the risk level.So there you have it, just some of the things that every trader must know about Forex grid trading before giving it a try. Remember, do your research well so you’ll be prepared for any challenges that lie ahead.

So, are you one of those people who have decided to invest on Forex e-currency trade? Well then, read on and discover tips on how to uncover important Forex secrets that any aspiring trader should know. When referring to currency trading, most people immediately think of the Forex exchange trade, right? Mainly because it is the most liquid market in the world for a long time, Forex has become a prominent trade market in the modern day era. In fact, a new wave of Forex exchange trade is gaining popularity today. This is the so-called e currency trading. E currency stands for Internet currency, where individuals are allowed to trade e-currencies such as E-gold, Netpay and E-bullion just to name a few. Considering the fact that the internet never sleeps and is proving to be one of the greatest tools of todays businesses, and there are numerous benefits that e- currency has to offer, theres no question why millions of people are lured and flooding the Internet to make money and take the risk of trading e-currency. Forex e-currancy trading can be an excellent source of additional income and traders who aim to benefit from favorable exchange rate movements, trade round the clock, since the Forex market operates 24 hours a day, five days a week. There will be decent returns that one can make with trading in the Forex exchange business. But one must also remember the substantial risk of Forex e-currency trading. Why? Read this. What you might not know though, is that 7 out of 10 traders keep on losing money in Forex! Thats right, 70% of individual FX traders keep losing their hard-earned money in the market; while the other 30% work freely at home and make a solid living out of Forex. It can also be a disadvantage if you dont handle your trades well. With that fact, one must know the right discipline and secrets of e currency trade. More and more people are purchasing items online in the form of e-currency. As long as people continue to purchase items online, there will always be a need for people to exchange funds from hard cash to online currencies and vise versa. That is why individuals are increasingly embarking upon the Forex market and though it presents a lot of benefits to traders, it does involve some minimal risks and pitfalls. Earn money from Forex exchange trades without risking anything! There are online resources that offer a lot of insights on how to go about investing on Forex currency trading.The site focuses on everything to do with Forex, from information for beginners to some of the most effective reviews on Forex softwares, like Forex Autopilot and Forex Auto Robot. The site provides currency trading basics that are essential in aiding people on making wise decision on how to go with e currency trading. You see, all the foreign exchange knowledge that you might learn will not help you succeed, unless you equip yourself with the right tools and strategy to make money on a consistent basis. The site opens your eyes to the possibility of infinite wealth and success that Forex currency trade can offer you.

Testing and optimization of expert advisors are two important functions of Meta Trader 4 forex optimization. Picking the optimal parameters for expert advisors is a definition of optimization. A trader will generally look to optimize, or improve, their robot so it will achieve the greatest possible profit for the least amount of risk. Meta Trader 4 uses its automatic mode to conduct multiple testing with various input parameters when it carries out expert advisor optimization. However, the basic optimization is only amending the expert advisor parameters so they reflect the historical price movements and market conditions. If you optimized an expert advisor on historical data and set it to trade, pleased that the optimization results had been great, you wouldn't receive the same results during real-time trade. The reason is you only performed an ADJUSTMENT of parameters, but not real optimization. For forward testing, or expert advisor optimization to be correct and qualitative it must include both of these stages. Initial stage is for optimization (technically adjustment) of the expert advisor using a specific section within history known as a test of historical period. A table in the form of expert advisor input parameters present the results of the adjustment. Using the best parameters, a robot is set to 'trade' on a new time segment where it hasn't been adjusted and doesn't know how to behave. This period is called a forward period. If an expert advisor shows good results (it is no longer optimization!) on this segment, it means you can use this expert advisor for trades on a real account. The forward and test segments will be different when the expert advisor works on different time segments. When using different timeframes for expert advisors, the following forward and historical periods are what is recommended: • H1 - the recommended historical period is 2 years, forward period - 6 months; * M30 has a recommended forward period of 4 months and historical period of 1.5 years. The forward period of 3 months and historical period of 1 year is recommended for M15. It is not a good idea to use timeframes that are shorter when testing expert advisors. In order to better understand historical and forward periods, look at the picture below: As an example, we take today's date as being 30th November 2011 and choose to optimize the expert advisor using the M1 period taking a historical segment of 1 year and a forward time period of 3 months. So the historical period ends at 30th August 2011 and starts at 30th August 2010. We now take a more detailed look at the optimization and resting process for expert advisors. Step 1 The strategy tester can be adjusted. The strategy tester is opened in the menu of the trading terminal. From the 'View' section use the 'expert advisor' tab to choose which expert advisor is going to be optimized. From the drop-down menu choose the currency pair to be used from the 'Symbol' list box. 'Model' - open prices only. Now select the period that has the optimization settings by ticking the 'Use date' box and pick out the time period to test the advisor. Now you need to download a currency rates archive. There is a 1 minute minimum on the rates that Meta Trader 4 users have access to. The data download settings should be adjusted before the rates are downloaded. The process for this is to go to 'Tools', 'Options' then go into 'Charts', set the highest possible values in the 'Max bars in chart' and 'Max bars in history' fields. Then download the rates by going to 'Tools' - 'History Center' - 'Symbols', 'Currency pair', 'Period' and choose a currency pair and time period. It should be noted that rates offered by dealing centers will not give you a modeling quality above 90% (90% is an ideal variant). This is because you download data from MetaQuotes servers, which often offer incomplete archives with missing rates for definite time periods (up to several months). From the picture below you will notice that there is no data available from 10th June 2011 to 22nd September 2011. Do you think a trader could perform qualitative optimizations of an expert advisor if he had nothing to work with? So the results of modeling in these conditions are hardly 40% let alone 90%. But this problem can be solved. The DukasCopy dealing center website has full archives of tick rates that can be downloaded, allowing a modeling quality rate of up to 99%. Step 2 The next stage is to load up the optimization file into the strategy tester assuming you have one. The process for those without one is to load up the expert advisor configuration file copied onto the folder of the trading terminal. This will be found in ://Program Files/MetaTrader/experts/presets/ or the folder ://Program Files/MetaTrader/experts/presets/advisor name/. To do this, open 'Expert properties', go to the tab 'Inputs', click 'Load' and choose the optimized expert advisor (extension *.set) file with the corresponding instrument and period (timeframe). The expert advisor will have initial parameters loaded which you should change on the 'Inputs' tab. The way to change them is to tick the items in the column called 'variable' as part of the expert advisor optimization process. You can set up step, stop and start values in the respective columns then saving the expert advisor optimization file in the following folder: ://Program Files/MetaTrader/tester/. When you press 'Save' this will open up as the default folder. When optimizing a number of advisors at the same time, a good idea is to make the name of the folder the same as the expert advisor in the tester / folder / saving the original optimization file to that folder. This approach will help ensure you don't get confused as you will be able to easily match up the optimization file with the expert advisor. You should also include the name of the timeframe and currency pair in the name of the optimization file, for example; 'optimization_advisor_name_ eurusd_m15.set'. Next is the 'Testing' tab where the 'initial deposit' value is set along with a long or short position as well as choosing an optimized parameter (the default is Balance) and tick off the 'Genetic algorithm'. (Genetic algorithm is a 'clever' function that examines parameters and discards knowingly unprofitable ones meaning that the number of variants that are examined and required time decreases). Press OK to finish. Step 3 An expert advisor optimization launch. Immediately before the launch of the expert advisor parameter optimization is launched the optimization check box should be ticked. You can press 'Start' when this has been done. The testing process for a Forex expert advisor on a test period may be anything from several minutes to several hours or even days. The number of optimized parameters for each expert advisor is the main factor. Step 4 Once optimization has been completed a graph is formed on the 'Optimization graph' tab showing the expert advisor parameters that are more profitable in a darker color. You should combine analysis of the 'Optimization Results' table with work with charts so that the input parameters can be clearly seen. You would be wasting your time to check all of the parameters and just searching through the best ones as the bulk of them are identical. There would be hundreds of combinations that would need checking which just wouldn't be worth it. One way that would be more efficient would be to identify them all in order of profitability and then check through the combinations showing the best results. This can be done by right clicking on a line with a maximum profit combination and picking 'Set Input Parameters'. You will then have the option to change the 'model' parameter when the tester window opens. Set the value to 'Every tick' instead of 'Open prices only', as testing results according to every tick will be more precise. However this will be dependant upon the expert advisor's algorithm. If you have an algorithm that uses open prices then your results will be incorrect if the testing is done using every tick! That is why before optimizing an expert advisor, you should understand its operation logic. Untick the check box Optimization' and press 'Start' for testing the expert advisor with optimized input parameters on the test period. The test analysis is completed with the use of the 'Report' and 'Graph' tabs. The more ascending and smoother the profit chart is, the better the input parameters. Accordingly, if a chart is a broken line and shows descending movement instead of ascending movement it means that input parameters are unsatisfactory so shouldn't be used for your expert advisor. You should remember that if you did the optimization and testing of an expert advisor using MetaQuotes rates then it would be probable that the cause of the chart results would be missing data for a certain time period. So any conclusions about input parameters should not be used after referring to this chart. You can refer to the 'Report' tab of the Meta Trader 4 platform strategy tester for better information about perception and analysis. You will see the following once you have opened the tab: Then various combinations of input parameters are used in turn, sorted by varying parameters. You should pay close attention to parameters such as 'Number of trades' (which can differ per expert advisor) and 'Maximal and minimal drawdown' when choosing combinations. You should test an expert advisor on a forward period when a "nice" ascending chart and successful results (good profit, small drawdown, etc.) emerges with another set of parameters. Step 5 Testing of an expert advisor on a forward period. Go to the 'Settings' tab and set dates for the beginning (From) and the end (To) of the forward period instead of the historical period time interval. This forward period will start up from the end of the period that is historical and will use today's date to end. Robot testing will be launched using the input parameters given as received at the initial optimization stage once the 'Start' button is pushed. If the forex optimization shows good results (analyzed on the basis of graph and report), you can save this combination of parameters. Click on 'Expert properties' in the 'Settings' tab to do this. The familiar window with the input parameters showing the good results will be there. Press 'Save'. A file can be saved to the folder with .set files available already, so named so you are able to understand the expert advisor, currency pair and timeframe that the optimization file has. Good results may appear several times in the course of testing of an expert advisor with different parameters, so, you can save them several times, too. The file that has the best settings will form the basis of the work of the expert advisor. Step 6 Additional optimization of an expert advisor. Prior to working with a real account when using an expert advisor, you would be wise to undertake additional optimization. You should be aware that additional optimization is not simply using a forward period to optimize an expert advisor! Do not, under any circumstances, make this mistake! All optimization of an expert advisor should be excluded from a forward test. Let's first explain the underlying principle of additional optimization. As long as any small changes to the parameters do not destabilize a system it is accepted that the system is stable. What is important here is the phrase' small changes in parameters'. This is how the principle works when performing additional optimization for expert advisors: You should change the expert advisor parameters by a small degree and launch optimization on a forward period. Should the output parameters such as profitability, max and min drawdown, number of trades match those at testing on a forward period once additional optimization on a forward period has occurred, the best settings can be chosen and saved. You can get a better group of settings and check how accurate the expert advisor's optimization is. Different parameters should be additionally optimized for different expert advisors, so we cannot tell you the exact parameters that you should additionally optimize. You should be very careful when making all of these adjustments: take small steps and alter the parameter values using narrow limits. Expert advisors should be subsequently tested using a forward period if it has had additional optimization. You can start trading with an expert advisor after results are better following optimization on a test period and the settings have been saved to a .set file. But do this on a demo account first of all. You should be able to make some profit on a real account once an expert advisor shows good results on a demo account. We can draw the following conclusion from what has been discussed here. Only qualitative optimization of an expert advisor and its testing on historical and forward periods can ensure a high probability (even if it is not 100%) of its stable work on a real account. Is this difficult? Yes, it is! But you will have a totally automated profit-maker. And your determination and discipline to work through the expert advisor optimization principles of the Meta Trader 4 trading platform will have been rewarded.

Forex swing trading is one of the simple and timeless ways of making big money. Being very easy to learn, it is a good option for a person who is new to this trade. Besides being easy forex swing trading offers lot of trading opportunities. This can be seen in any currency pair that prices spike too far to the upside and become overbought and downside become oversold; thus these spikes retreat back. In forex swing trading the currency is sold into overbought levels and bought into oversold levels and then wait for the prices to return to fair value. In forex swing trading when prices start moving up slowly and spiking to the upside you look for a level of resistance to sell your stocks. When the prices reach to this resistance level, you have to check price momentum by using some momentum indicators that will offer a visual view of how overbought the currency is. In forex swing trading Stochastic is a best momentum indicator that you can learn within about an hour. When prices move up the stochastic lines points up, you can wait for the lines to move into overbought territory and simply wait for a cross to the downside, so that you can time your trading signal. Place your stop above resistance and search the area of support where prices are likely to pull back to. In fact forex swing trading is a sort of hit and run strategy of trading. Forex swing trading can make you a lot of profit and build huge income over time. Forex swing trading is one of the simplest and best methods of trading. You need to understand the fact that forex swing trading is one of the simple trading that you can do. It needs very little effort to start in this trading and you need to remember some of the strategy when dealing in forex trading. When we talk about forex trading, it refers to trading of currency in the forex market where trillion dollars are exchanged every day. Successful forex trading, therefore, calls for knowledge about several relevant things associated with this trade. There is no shortcut or quick route to successful forex trading. You can, however, enhance profitable and steady returns by following certain strategies and tips. This robot works untiringly for 24 hours in all 7 days a week. This robot is also beneficial for those who either do not have time to watch market very closely or have other interest. For forex swing trading first you have to understand the market very well and after that go ahead with the trading in this market. As said earlier, forex swing trading is the best and easiest method to trade in an online market. To trade in forex swing trading you need excessive knowledge and information about this type of trading. An individual needs lots of knowledge about forex swing trading before going in this market and get complete knowledge about this.