Forex Factory


Forex is a risky business. You may lose a substantial amount of money by taking the risk of live trading. CJA will not be held responsible for your losses or problems of any kind if the EA or Indicator is directly or indirectly responsible for any losses.

The MACD is based on the assumption that the tendency of the price of a traded asset is to revert to a trend line.

What is an 'Indicator'

In the context of technical analysis, an indicator is a mathematical calculation based on a security's price and/or volume. The result is used to predict future prices. Common technical analysis indicators are the moving average convergence-divergence (MACD) indicator and the relative strength index (RSI).

News and updates CJA is updating the indicators on a regular basis to improve the performance and to make the indicators easier to use and the signals if applicable easier to understand and therefore apply to your trading. Due to the length of time and the number of CJA customers this is the only way to update the indicators as many customers now have different account information from what they had at the time of purchase.

MetaQuotes appears to have solved most of the issues with the new MT4 and hopefully it is now stable enough to continue coding and updating the Indicators, Expert Advisors and Scripts. MT4 has released MT4 build There appears to be an issue with some indicators not loading on the chart. Come on MetaQuotes at least test the updates before releasing them, after all many of us are trading real money on your platform and cannot afford to be continually using a beta platform.

A small charge may apply to convert the old MT4 software to the new MT4 code. Converting MT4 to MT5 can be a complicated task as some code functions are totally different especially in EA's and Scripts as MT5 manages trade procedures in a very different way. Some traders enter their trade in the direction of the 0 line break.

Many hold on until it strikes bottom before they get out or they wait until it strikes the top. The example shows the CCI cutting through the 0 level, if you traded ever cross over here the trade either fails straight away, or climbs into negligible profits before caving in on itself. Surely one day you will catch that 0 crossover that will see the market produce an epic move, but the real question is will you have any capital left by then?

Traders also use the peaks and troughs in the CCI graph to spot divergence with the highs and lows of the chart. When there is a large gap between the mean and price, there is a strong chance of a reversal or correctional move in the market.

The information is derived from the data we Price action traders use to trade on. So why not cut out the middleman and trade price action directly. Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed. Technical Analysis at its Best. Cart 0 View Cart Checkout No products in the cart. The Cost of eSignal Next Next post: Stock Trading Software August 29, What makes the Day Trader One so special June 24,