How To Do Object Oriented Programming In MQL5?

MQL5 is an object oriented programming that has been build from the ground up by the Meta Quotes Corporation. MQL4 is a simple procedural language that lacks object oriented programming. This short coming and many other short comings were removed by Meta Quotes Corporation with MQL5. MQL5 is very close to C++. If you know…

Continue Reading →

NZDUSD Buy Trade 6 Pip SL 250 Pip TP

Swing trading is fun if you know how to making winning trades. In swing trading, you get less trades as compared to day trading. The focus is more on quality. In this post I will analyze in detail a recent NZDUSD buy trade with a stop loss of 5 pip and take profit target of…

Continue Reading →

USDCNY Is Becoming Popular With Swing Traders

USDCNY is a new pair that is getting popular amongst swing traders. CNY is the Chinese Yuan. Official name is Renminbi. Yuan is the basic unit. So we will use Yuan for CNY. Recently IMF has included Renminbi as an international reserve currency. So CNY is now an international reserve currency alongwith USD, EURO, GBP,…

Continue Reading →

A Simple Kalman Filter For Swing Trading

In this post we are going to discuss how to build a simple Kalman Filter for our swing trading system. Kalman Filter is better than a moving average. In a moving average we are calculating the average over a rolling window. In Kalman Filter there is no rolling window. Before we continue, did you read…

Continue Reading →

FOMC Meeting NZDUSD Sell Trade SL 20 Pips TP 120 Pips

This time FOMC Meeting moved the market big time. Strong rumors had started a few days earlier before this FOMC Meeting that the Federal Reserve has decided to raise interest rates this time. So we were already anticipating a big move in the market. The problem with FOMC Meeting is that most of the time…

Continue Reading →

How To Use Random Forests Algorithm In Trading?

In this post we are going to discuss in detail how we are going to use Random Forests algorithm in trading. The idea is to find an algorithm that can predict market movement over the next few hours which can be 5, 10, 15, 20, 25, 30 hours. If we can find such an algorithm…

Continue Reading →

How To Trade With The Aroon Indicator Videos

Accurately forecasting the turning points in the market is the dream of every investor and trader. Every trader worries about the strength of the trend and when it will weaken and change. In this post we are going to discuss what is an Aroon Indicator and how to trade with it. Aroon is a Sanskrit…

Continue Reading →

How To Trade Market Reversals Using Weekly And Daily Candles?

Catching the market reversals correctly is what made fortunes for legendary trades like Richard Dennis, Paul Tudor Jones, George Soros and others. You will be told not to waste time catching tops and bottoms. There is indeed some truth in it. What you should do is not try catching tops/bottoms. But instead let the market…

Continue Reading →

How To Trade On Daily And Weekly Timeframe 50 Minute Interview

Swing trading is much better than day trading. You don’t have to worry much about the intraday timeframes like the H1, M30 and M15. These timeframes are driven by the news and the order flows and are too much volatile. As a swing trader, you should focus on the daily and the weekly timeframe.  Watch…

Continue Reading →

How To Predict The Daily Candle Using Elman Neural Network?

Naked trading is the best style of trading. Naked trading means trading solely based on price action signals without using any indicators. Just looking at the candlestick signals you can see where the price is going to go. Did you read our post on GBP CPI y/y news trading that made 350+ pips in just…

Continue Reading →

Page 1 of 14