The MetaTrader Trading Platform was built by a company called MetaQuotes. The MetaTrader platform has a built in programming language called MQL4 (MetaQuotes Language 4) that allows the user to create trading strategies. Progams written in MQL4 several different purposes including Expert Advisors, Custom Indicators, Scripts and Libraries. Expert Advisor is a program that can […]
Tag Archives | Trading Systems Definitions
By Chuck Frank ©2007, Reprinted with permission of Traders World Magazine (www.tradersworld.com) Boris Stein entered the 23rd World Cup Championship of Futures Trading® on November 15, 2006, and captured second place with a 77% net return, becoming the first trader to enter the calendar-year competition in November and still win a trophy. Stein was granted […]
The relationship between the probability of loss and profit. This ratio is often used as a basis for trade selection or comparison.
An army of small speculators have entered the forex arena armed with pooled knowledge and sophisticated technology rivaling that of large institutions. By Dan Blystone As the editor of a website focused on trading and investing I try to keep track of industry related trends and the hot topics of the moment. Notably, the combination […]