Fractal divergence guide

[MDunleavy]

-We have received a lot of questions about our FREE indicator "Elliot Wave Divergence Oscillator".
-First of all, you should download zip file from this page:
~~~>_http://iticsoftware.com/free-elliott2 <~~~

-Then please unzip archive and copy ex4 file to "Indicators" folder (default patch Metatrader/experts/indicator/)
-Run MT4 and add indicator to the chart
-Indicator contains two important parameters:
-DrawRegularDiv - you should set true, if you want to view regular (standard) divergence or false, if you do not want.
-DawHiddenDiv - you should set true, if you want to view hidden (reversal) divergence or false, if you do not want.
-If you do not know how to use regular and hidden divergence signals, please view video about divergence on our webpage: See also ↓↓↓

https://docs.google.com/file/d/0BxxKzvQ2GlM8dmFMZTk2VExnWnc/preview

http://img694.imageshack.us/img694/1625/12oct01.pdf

Best regards : BJF Trading Group
||BJF Trading Group||Expert Advisor|| MTIndicator|| Forex Software|| MQL4 Coding||

[MDunleavy]

MetaTrader MultiTerminal
–MetaTrader MultiTerminal "PowerTradeCopier" software allows copy trades from one (or several) master MetaTrader 4 account(s) to one or several slave MetaTrader 4 account(s).
–You do not need to run slave metatrader terminals. It is possible to configure any copying scheme

[MDunleavy]

Expert Advisors and Indicators Programming Service
~~~> _http://iticsoftware.com/mql4
–Now is the best time to order expert advisor or indicator programing service from our company.
–Order a Coding - Get 3 Extra Features from our list free of charge.
–We can recommend additional extra features for your robot or indicator to make it more profitable.
–We will provide you with most professional expert advisor programming service in the internet. We have developed about 3000 expert advisors for MT4.
–We will provide you with “clean” mql4 code and the basic logic of the robot will be divided into functions.
–Our professional robots never lose control and easily restore its last state after MT4 restart.
–We are not afraid of developing complex and integrated forex robots and find it interesting.
–We can suggest new ideas or see the obvious errors in your description. Please, send coding requests vie e-mail: coding(‘At’sign)iticsoftware(dot)com

See also
~~~> _https://docs.google.com/file/d/0BxxKzvQ2GlM8NlA3LS1ic3RDTm8/preview
^^^ OR vvv
~~~> _http://img855.imageshack.us/img855/2734/12oct25.pdf
A d d i t i o n a l l y

[MDunleavy]

•Forex Software Black Friday Sale!
•Cyber Monday, the extension of Black Friday pre-holiday savings events, offers cutthroat deals to savvy online shoppers.
•This year, we are offering deep discounts on popular Forex Software such as Forex Robots, MT4 Indicators, MT4/MT5 Copiers, Forex Arbitrage, MQL4/MQL5, JForex Coding service and more.
•Visit our website ~~~> _http://iticsoftware.com/offers and make sure you have found the best deal for you.



See also
~~~> _https://docs.google.com/file/d/0B9cvIxidsTjvUGtDTndXU3NJWlU/preview
^^^ OR vvv
~~~> _http://img33.imageshack.us/img33/7075/12nov15.pdf
A d d i t i o n a l l y

||BJF Trading Group||Expert Advisor||MT Indicator||Forex Software||MQL4 Coding||

[GDMFX]

Originally Posted by MDunleavy

Secrets of successful Forex Scalping
July 28th, 2010

Here are many supporters and opponents of forex scalping systems. There is no agreement of opinion even among people who use the same forex scalping system. It happens because success of the forex scalping system depends not only on professionalism of developers and the idea, realized in the system, but also on many external factors:
- Choice of broker. Many brokerage offices allow scalping, but can hinder work of the forex scalping system, especially if you deposit is small;
- Choice of the right money management policy. Many traders expect fantastic profits from the forex market and want to get several hundred percent per month. In order to achieve such goals traders often choose lot size, which makes 30% and even 50% from the deposit. In this case even one losing transaction can ruin the system.
- Professionalism of a trader. Many developers point in the system description that you don’t need special knowledge for trade and it’s true, but, at least, you must know settings of the system and metatrader trading terminal. It will help you to avoid stupid mistakes, which could ruin the system.
You should take into account several important factors when developing the trading system for gaining small amounts of profit during short time intervals (scalping trading systems).
The first and, maybe, the main factor is spread. Spread can ruin up to 20-30% of profit of your system. And if you add dealer’s actions, directed at destroying the system, we can suppose with high probability about 70% of loss.
The second important factor is multiple mistakes, which arise in the attempt to open or close market orders. For this reason many trading systems, which show profit at a test on historical data, may be unprofitable and even loss-making during real trade.
So how to develop a system, which will allow to use scalping and to make profit at the same time?
Many scalping systems have limits in time of trade. If you have a look on currency movement diapasons during so-called “quiet market” hours, you will see that currency deviance exceeds spread by several points. You can solve this problem in several ways.

The first way is to trade night and day, choosing currencies, which are currently match the scalping conditions, move in the linear regression channel or are in the flat channel, limited by resistance and support lines, for a long time. Or you can choose moments of low market volatility, when breakout of resistance lines or channel borders is unlikely.

The second way is to set the system a time limit, but at the same time to improve quality (precision) of entry and exit. Improvement of entry quality can be reached by means of formation of linear regression adaptive channels.

If you use a standard built-in linear regression indicator or other linear regression indicators, you will probably notice that arrangement of linear regression lines depends on number of bars, taken for channel formation. It is also easy to notice that you can form many such channels on the chart. So what channel is the most objective one? The most precise channel is the one, mean square deviation of which is minimal and is becoming lesser. There may be several such channels on the chart, and they will describe currency movement corridors more precisely. LR-Channel indicator will automatically detect all linear regression channels on the chart and will choose only those channels, mean square deviation of which is minimal and is becoming lesser.
Such channel will help you to detect entry and exit points more precisely than the standard linear regression channel or the flat channel.


BJF Trading group inc.

Very interesting, thank you :):)

[MDunleavy]

Holiday Gift from BJF Trading Group: "Free Expert Advisor e-BJF-AMA-Trend".
•You can download expert advisor here:
~~~> _http://iticsoftware.com/free-products/free-expert-advisor-ama-trend/
e-BJF-AMA-Trend expert opens market orders in the direction of main trend after small trend retreats.
•Main trend direction recognized by Adaptive Moving Average of Perry Kaufman.
•Free Indicator Adaptive Moving Average of Perry Kaufman is included.
•We have main up trend if the price is above AMA indicator.
•We have main down trend if the price is below AMA indicator.
•Small trend retreats recognized by Fractals indicator.
•Every Lower fractal on main up trend is signal to Buy.
•Every Upper fractal on main down trend is signal to Sell.
•StopLoss calculated as vertical shift in pips from last fractal that initiates the trade.
•Fixed TakeProfit is available.
•Extra close condition: 2 bars closed on opposite side of AMA (possible change of the trend).
•We close all Buy trades if 2 bars closed below AMA.
•We close all Sell trades if 2 bars closed above AMA.
•Simultaneous amount of open trades based on fractals count per trend

See also: _http://goo.gl/S6ZER

||BJF Trading Group||Expert Advisor||MT Indicator||Forex Software||MQL4 Coding||

[MDunleavy]

01-Feb-2013
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•Forex robot TFOT made ​​a new peak on the graph of profit. We have started our $10,000 real account Sep 10, 2010 (Broker Alpari US) and made $37,812.86. Maximal drawdown: 23.15%.
•Click to view monitoring: _http://www.myfxbook.com/members/iticsoftware/expert-advisor-toft/65539.
•Forex Robot TFOT is professional fully automated trading system for MT4 terminal, doesn't contain martingale, averaging down, or grid strategies.
•Robot contains two build-in strategies: scalping strategy with adaptive Stop Loss based on ATR indicator. and take Profit and trend following strategy with Stop Loss and Trailing.
•Robot also contains multi-layer BackPropagation artificial neural net filter. This filter has no analogue.
•Back test with neural filter: _http://iticsoftware.com/tfot6/tests/tfot-6.0-eurusd-nn.htm .
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Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Mar~09 My experience with forex robots

—I started forex trading about 7 years ago, but till date, I have not lost my first deposit like other major forex traders...
See also: _http://goo.gl/XIqst

Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Mar~25

—For your attention several new forex articles from our our partners:
• MT4 DDE Tool. Export data from MT4 to Excel
• MACD Divergence Trading Strategy
• PAMM or Trade Copier
• Complete Guide to How to Launch Forex Signal Service, etc.
—You can find these and other articles here:

_http://www.scribd.com/collections/4003587/FOREX
_http://goo.gl/Ua9mI

Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Apr~29

• _http://www.scribd.com/doc/137470390/Manual-Forex-Trading-vs-Automated-Forex-Trading-%E2%80%93-What-is-Better
• _https://docs.google.com/file/d/0BxxKzvQ2GlM8NDF0MGNIZDJyUUk/edit?usp=sharing
• _http://img213.imageshack.us/img213/2120/2013apr26.pdf



Manual Forex Trading vs. Automated Forex Trading – What is Better? Forex robots have, and have always had, both fervent supporters and opponents. People, who argue againstusing Forex robots, bring forward the following argument: only a human being can make the right decisionbasing on his accumulated experience and acquired knowledge. At the same time, supporters of manual tradingclaim that you should have a clear trading plan, a clear market entry strategy, stop-loss and take-profitplacement rules and a market exit strategy. In my opinion, these two statements contradict each other. If a trader should be guided by his intuition and emotions at making decisions, he doesn’t need any rules. On theother hand, if a trader follows strict rules and can formalize his strategy, I think it would be a reasonable decision to automate this strategy. I’m familiar with many supporters of manual trading, who use scripts andexpert advisors, simplifying their task. I.e., generally speaking , they’re midway to complete automation – a Forex robot...

Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~May~27

• _http://imageshack.us/a/img835/8638/2013may24.pdf
• _http://www.scribd.com/doc/142294964/Ways-to-Improve-Your-Forex-Robot
• _https://docs.google.com/file/d/0BxxKzvQ2GlM8eXlheE0wekNkcm8/edit?usp=sharing


— Ways to improve your forex robot
— Very often after a trader develops or buys a trading strategy, they then look for ways to improve it by minimizing the losses and increasing profit.
— The most important aspect of any trading system is money management.
— A lot of traders and system developers pay little to no attention to money management, and usually a robot built without those principles in mind usually employs only two options:.
trading using a fixed lot and lot calculation based on the balance.
— Based on experience from working in different financial markets, such system (calculation lot based on the balance sheet) can greatly increase the chance of a loss.
— This same issue was introduced many years ago by Larry Richard Williams, who won the 1987 World Cup Championship of Trading from the Robbins Trading Company, where he made a profit of $ 1,100,000 (11,376%) in a 12 month competition with real money, starting up with only $10,000.
— Williams increased his startup capital by 11,376%.
— He later developed a money management system that not only looks at the balance of an account but also the maximum loss, giving it the ability to significantly minimize the loss of points during the time when the trading system is most vulnerable, through rapid reduction of the lot when series of failed attempts occur.

Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Jul~01

• _https://docs.google.com/file/d/0BxxKzvQ2GlM8eWRGT0F2OVdMTzA/edit?usp=sharing
• _http://www.scribd.com/doc/150066791/Trade-Copiers-Review
• _http://imageshack.us/a/img441/9148/rxu.pdf

— MT4 Trade Copiers Review.
— I am a forex accounts manager since 2003.
— I use several of high-frequency trading robots and also manual trading.
— Myclients have accounts with MT4 brokers, Dukascopy (Jforex) and Currenex.
— The success of any money manager dependson the trading strategy and account management tool (trade copier or multiterminal).
— I would like to share myexperience in using trade copiers.
— During my work as an account manager, I tested probably almost all trade copiers.
— Read more.



Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Jul~15

— You can download all of them here:
• _http://iticsoftware.com/demo
• _http://imageshack.us/a/img33/7067/w71.pdf
— Do you want to try most popular products for free?
— Forex robots: tfot, macd-div, proscalpingrobot;
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— Tools: trade copiers mt4, mt5, jforex, currenex, lmax, adss, dde, arbitrage



Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Aug~12

— TFOT8 test on ticks data Dukascopy 99%
Forex Robot TFOT8 test on ticks data Dukascopy 99% Tick data, REAL spreads, 6$
_http://www.scribd.com/doc/159081691/High-Accuracy-Forex-Robot-Back-Testing-on-Tick-Data

Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Oct~26

— Which Trade Copier will be better for you?
— This comparison table will help you understand what trade copier meets your criteria. The first column shows the type of platform from which you will copy the trades.
— The second column is the platform on which you will copy the trades.
• _http://multiterminal.net/trade-copier



BJF Trading Group
Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2013~Nov~19

— Forex Robot TFOT 9.0 keeps leading position on forexpeacearmy, forexverified, myfxbook websites and several other monitoring websites. More information:
• http://iticsoftware.com/tfot-mult

BJF Trading Group
Expert Advisor MT Indicator Forex Software MQL4 Coding

[MDunleavy]

2014~Jan~16

— Forex Tester and Optimizer
— Professional software for superaccurate testing and optimization MQL4 (MT4) and MQL5 (MT5) strategies on historical data.
— MQ4 to EX5 Converter. History data center: tick and M1.
— More info: http://fxtester.com

BJF Trading Group
Expert Advisor MT Indicator Forex Software MQL4 Coding

[riki143]

Good thread and i'm still learning your strategy.