Newvista

Thursday, 5 October 2017

Using an EA on MT4

MetaTrader 4 (MT4) is a popular trading platform used by traders and brokers throughout the world. It can be used to view real-time currency prices, open or adjust orders or get technical and fundamental analysis as required. 
The main advantage of the MT4 platform is that it provides access to numerous indicators and currency pairs. The charts it uses can be customised and are very easy to use. 
Also and most importantly, traders can install and use their Expert Adviser (EA) on the MT4 platform. 
Unfortunately, it can't be accessed through a website and must be installed on a PC (or phone) to be used. 

Click on the banner below to download.


Friday, 29 September 2017

Maybe I should use an Expert Adviser?

An Expert Adviser (also known as an EA) is a program that will automatically follow a set of instructions once certain criteria have been met.
Anybody who already has a mechanical trading system could create an EA and use it to carry out the appropriate actions each time a signal is received.
This could be called “automated trading” because the trader doesn't even have to be present.
This is particularly useful for people who don't want to sit in front of a screen all day or just don’t have the time.
Maybe I should use an Expert Adviser?

Tuesday, 8 August 2017

Sell in May and Go Away?...Yes Definitely!!!

I have previously speculated upon the old stock market saying

"Sell in May and Go Away" 

which can be interpreted in different ways and can be self fulfilling. 

Is it relevant to FX trading?

Is it best to quit in May, go on holiday and return in September?

I promised to investigate and the results are quite conclusive

Profits Sept 2016 - May 2017 = 510 pips

Profits Jun - July 2017 = -395 

Based on this evidence...without a doubt...definitely - Sell in May and Go Away!!!



Monday, 5 June 2017

Sell in May and Go Away?

"Sell in May and Go Away" is an old saying, most frequently applied to the stock market.

It can be interpreted in different ways and can be self fulfilling but is it relevant to FX trading?

Is it best to quit in May, go on holiday and return in September?

I don't know but I will continue this year and investigate.


Profits Sept - Dec 2016 = 940 

Profits Jan - May 2017 = -430 

Year to date Profits including May 2017 = 510 pips

Friday, 6 January 2017

Another Big Profit from Trendcatchers

26/10/16  BUY ORDER  AUD/NZD 1.0725  SL 1.0475  TP 1.1175        -35
                Closed  1/11/16  1.069
                BUY ORDER                     1.0875                                             no trade

28/10/16  SELL ORDER AUD/USD 0.7575  SL 0.7775  TP 0.7375
                 Closed 8/11/16  0.7705                                                             -130

3/11/16    SELL ORDER EUR/AUD 1.4575  SL 1.5025  TP 1.4125
                SELL ORDER                    1.4675                                           
                Closed 9/11/16  1.4515                                                              +220

15/11/16  BUY ORDER  USD/JPY  107.75  SL  105.75  TP  109.75             no trade

16/11/16  BUY ORDER  NZD/CAD 0.9555 SL  0.9375  TP  0.9875
                Closed 30/11/16  0.9555                                                             +0

23/11/16  SELL ORDER  AUD/USD  0.7475  SL 0.7725  TP 0.7325
                Closed  30/11/16  0.7385                                                           +90
                SELL ORDER                      0.7575                                           no trade

29/11/16  BUY ORDER  USD/JPY  111.85  SL 109.85  TP 113.85                no trade

30/11/16  BUY  USD/JPY  112.72  SL 109.85  TP  113.85                     
                Closed  30/11/16  114.32                                                           +160
                                                        
                                                                                 November Profit =  +305 


CLICK HERE for more information about The Trendcatchers