Oct 26, 2009

Classic trading books, read online

is a 1923 book which tells a fictionalized version of the early years of the life story of Jesse Livermore


Oct 21, 2009

Oct 20, 2009

MTF BollingerBands.mq4

MTF_BollingerBands.mq4
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More about Bollinger Bands



MACD_Colored_v105.mq4

MACD_Colored_v105.mq4

Linear Price Bar.mq4

Linear Price Bar.mq4

RoundLevels .mq4

RoundLevels
Many traders consider "round" levels (to be more exact, the levels, the vertical coordinate of which (in points) ends with "00") as the levels of resistance/support. Example: the levels of 1.5800 and 1.5900 for EURUSD. Indicator RoundLevels draws two "round" nearest levels above and below the current price level.



Level Trading.mq4

Level Trading.mq4








Oct 18, 2009

MTF AO Awesome Indicator.mq4

MTF AO Awesome Indicator.mq4
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BreakOut BOX indicator.mq4

BreakOut BOX indicator.mq4

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Another mq4 Forex Indicator

MTF RSI.mq4

MTF RSI.mq4 (Multiple Time Frame RSI)
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Oct 16, 2009

Book Review: High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets

Click Here to Buy
High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets (Wiley Trading)

Description
In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.


About Autor:

Robert C. Miner has been a leading trading educator for more than twenty years and publishes daily reports on the Forex, stock, and futures markets. He speaks around the world on trading and has written for a wide variety of trading publications. Miner has been named "Guru of the Year" and is a first-place winner of a major brokerage company's annual real-time trading contes

Oct 15, 2009

KAGI Chart

KAGI Chart
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HoursChannel_v1

HoursChannel_v1
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StepRSI v5.2

StepRSI_v5.2
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Oct 14, 2009

Clear Traders Forex Signals

Clear Traders Forex Signals
Lot of people today are looking to find a solution to their trading needs. In the process they search for Forex signals and better yet, ones that are actually making a profit for the person using them. The question in short here is, "do Forex signals that actually work exist?" To get right to it, yes they do, but you need to know which ones to use.
Analysts and brokers provide Forex trade signals and alerts on payment to the traders on request. They analyze the market for the traders and send alerts to them through email pager alerts and desktop alerts. A lot of created systems have back tested data and it always looks good on paper of course, however some of these sites actually have back tested data that has been proven with forward testing as well and by that we mean using the system and or signals in real time and yielding a profit from them.
So how do we know which signal service providers to choose?
Well for one you need to make sure you are there to take the trade when the trade is made available. In most cases, people have day jobs and are doing other things. To solve this issue automated trading systems have been developed where they actually execute the trade for you.
The god idea is use a Clear Traders system.
Clear Traders is one of the worlds leading forex signal systems using cutting edge strategies and technical analysis to generate and instantly send buy & sell signals directly to peoples mobile phones, emails and live on charts online. Users can choose from many technical analysis strategies to trade from and sign up takes 2 minutes!
Click here for more

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Elder Impulse System

Elder Impulse System
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Oct 13, 2009

Murrey Math-Time Frame

Murrey Math-Time Frame
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Oct 12, 2009

Mouteki-Demark trend new

Mouteki-Demark trend new
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Oct 10, 2009

Weekly Pivot

Weekly Pivot
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Perry Kaufman AMA Optimized

Perry Kaufman AMA Optimized
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Oct 9, 2009

ZeroLag Stochs Signals

ZeroLag Stochs Signals
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Murrey Math Black

Murrey Math Black
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Murrey Math Lines (Support and Resistance)

Murrey Math Lines (Support and Resistance)
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Characteristics of MMLs

Since, according to Gann, prices move in 1/8's, these 1/8's act as points of price support and
resistance as an entity's price changes in time. Given this 1/8 characteristic of price action,
Murrey assigns properties to each of the MML's in an a given octave. These properties are listed
here for convenience.

8/8 th's and 0/8 th's Lines (Ultimate Resistance)
These lines are the hardest to penetrate on the way up, and give the greatest support on the way
down. (Prices may never make it thru these lines).

7/8 th's Line (Weak, Stall and Reverse)
This line is weak. If prices run up too far too fast, and if they stall at this line they will reverse
down fast. If prices do not stall at this line they will move up to the 8/8 th's line.

6/8 th's and 2/8 th's Lines (Pivot, Reverse)
These two lines are second only to the 4/8 th's line in their ability to force prices to reverse. This
is true whether prices are moving up or down.

5/8 th's Line (Top of Trading Range)
The prices of all entities will spend 40% of the time moving between the 5/8 th's and 3/8 th's
lines. If prices move above the 5/8 th's line and stay above it for 10 to 12 days, the entity is said
to be selling at a premium to what one wants to pay for it and prices will tend to stay above this
line in the "premium area". If, however, prices fall below the 5/8 th's line then they will tend to
fall further looking for support at a lower level.

4/8 th's Line (Major Support/Resistance)
This line provides the greatest amount of support and resistance. This line has the greatest
support when prices are above it and the greatest resistance when prices are below it. This price
level is the best level to sell and buy against.

3/8 th's Line (Bottom of Trading Range)
If prices are below this line and moving upwards, this line is difficult to penetrate. If prices
penetrate above this line and stay above this line for 10 to 12 days then prices will stay above
this line and spend 40% of the time moving between this line and the 5/8 th's line.

1/8 th Line (Weak, Stall and Reverse)
This line is weak. If prices run down too far too fast, and if they stall at this line they will reverse
up fast. If prices do not stall at this line they will move down to the 0/8 th's line.

Another Metatrader Indicator

Oct 6, 2009

BreakOut PANCA EAGLE indicator

BreakOut PANCA EAGLE indicator
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StepChoppyBars v1.1

StepChoppyBars v1.1
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Oct 5, 2009

Bollinger Squeeze v9

Bollinger Squeeze v9

Fractal Bands

Fractal Bands
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More about Fractal Bands: http://fractalfinance.blogspot.com/2009/05/from-bollinger-to-fractal-bands.html

Another Bollinger Bands Indicator

Bollinger Bands rev. by Jurik

Bollinger Bands rev. by Jurik
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Bollinger Bands

Bollinger Bands
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Bollinger bands are formed by three lines. The middle line (ML) is a usual Moving Average.

ML = SUM [CLOSE, N]/N

The top line, TL, is the same as the middle line a certain number of standard deviations (D) higher than the ML.

TL = ML + (D*StdDev)

The bottom line (BL) is the middle line shifted down by the same number of standard deviations.

BL = ML — (D*StdDev)

Where:
N — is the number of periods used in calculation;
SMA — Simple Moving Average;
StdDev — means Standard Deviation.

StdDev = SQRT(SUM[(CLOSE — SMA(CLOSE, N))^2, N]/N)

More about Bollinger Bands

Oct 4, 2009

Bollinger Bands – How to Use Them to Make Massive Profits

Bollinger bands will help you to predict big trending moves, act on big trend reversals and finally, time trading positions with greater accuracy for bigger profits.
Here we have related Bollinger bands to the currency markets (as it is here that they are most useful) - but they are useful in all financial markets.
What are Bollinger Bands?
Developed by John Bollinger, Bollinger bands are volatility bands drawn around a simple moving average.
You calculate Bollinger bands using the standard deviation of price over the same period as moving averages and plotted as lines above and below the moving average.
As moving averages have been traditionally used to identify the underlying trend, Bollinger bands combine this with the volatility of the individual market (or the standard deviation) – to plot a trading envelope.
The distance between upper and lower Bollinger bands reflects the volatility of the market traded.
As prices force themselves away from the longer-term average, the standard deviation rises - and thus the bands will fluctuate in varying amounts, away from the average.
Why Bollinger Bands Work
In any market, the value of currency traded tends to rise slowly over the longer term.
Prices may spike short term, but will normally dip back to the longer term moving average (the centre band) - which represents realistic value.
The volatility of the outer bands therefore gives us an indication of how volatile prices are - and how far away price is from longer-term value.
Most price spikes are caused as much by trader psychology, as the supply and demand backdrop - and this scenario is reflected in the concept of Bollinger bands.
Why are Bollinger Bands so useful?
Bollinger bands perform three major functions for traders:
1. Spotting a Breakout and New Trend
Markets move between low volatility trading ranges, to high volatility trending moves.
When a market makes trades in a narrow range, the Bollinger bands will narrow together and this shows a market with extremely low volatility - however this is a warning that a high volatility trending move is likely to follow.
When prices break above or below the upper or lower band, it is an indication that a breakout and trend is about to develop - traders will then take a position in the direction of the breakout, and try to ride the trend.
2. Timing Entry Levels in a Trend
We all know long term currency trends last for months or years - but we need to get in at the best risk / reward level.
Bollinger bands will help get you in to the trend and time your entry.
All you do is watch for dips toward the centre band - and enter in the direction of the trend - it really is that simple!
To time your entries with greater accuracy, and filter out “false” breaks we recommend using a momentum indicator - such as stochastics, to confirm the move.
3. Spotting Market Reversals
When the price touches the top of the band, a sell is generated, and prices should revert back to mean, or the middle moving average band.
If the price touches the bottom of the band, traders can buy a currency, assuming that it is oversold, and will rally back towards the top of the band.
The spacing, or width of the band, is dependent on the volatility of the market, but gives traders a clear indication of where prices will go, and when to enter.
A Word of Caution!
Bollinger bands are a useful tool - but need combining with other indicators, as with any single indicator, they should not be used in isolation.
We personally feel Bollinger bands should be used with basic charting, to get the big picture - and the best timing indicator is the stochastic as stated, to filter out “false” signals

Oct 3, 2009

Market Profile Indicator

Market Profile Indicator
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Price Action Indicator

Price Action Indicator
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Laguerre Indicator

Laguerre Indicator
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Harmonic ZUP v20

Harmonic ZUP v20
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Average Size Bar indicator

Average Size Bar indicator
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AvgRangeM

AvgRangeM
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AV indicator

AV indicator
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AUTO STOP REVERS

AUTO STOP REVERS
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ATRStops_v1[1].1 indicator

ATRStops_v1[1].1 indicator
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ATR ratio Indicator

ATR ratio Indicator
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ATR Levels Indicator

ATR Levels Indicator
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Ask Shadow indicator

Ask Shadow indicator
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BrainTrading1

BrainTrading1
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BobokusFibo

BobokusFibo
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BLines Profi v1 indicator

BLines Profi v1 indicator
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Bears Bulls Power

Bears Bulls Power
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Oct 2, 2009

Y(Efekt)

Y(Efekt)
The indicator shows the probabilistic reverses.
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The information indicator.

The information indicator.

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Support and Resistance (Barry)

Support and Resistance (Barry)
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Waddah Attar Weekly Fibo

Waddah Attar Weekly Fibo
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Waddah Attar Monthly Fibo Indicator

Waddah Attar Monthly Fibo Indicator
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Waddah Attar Trend

Waddah Attar Trend
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