FXMasterCourse

Trading Order Out of Chaos

MT4 Code

Here are a list of useful scripts, indicators, and sample EAs, which you can use in your own trading.

Bullish and Bearish Engulfing Bars

Download Now 4 KB 111 downloads

Expanding and Contracting Ranges

Download Now 3 KB 53 downloads

MT4 TradeLog Extractor

Download Now 8.13 KB 55 downloads

MT4 Trailing Stop Expert Advisor

Download Now 1.83 KB 70 downloads

Average Bid/Ask MT4 Indicator

Download Now 4.28 KB 41 downloads

     

    Testimonials

    In previous articles I’ve written about the idea of Kelly betting or using leverage to really boost the growth of your returns.  I’ve also shown how different fundamental components work together to create an FX Benchmark index. This article is slightly different.  I want to keep it KISS: “Keep It Simple Stupid.”  I will show you how to combine several instruments (three in actuality), which will create a Hedge Fund Benchmark.  And then we apply leverage to this index, and see wha… Read more
    Money Growth: Trade it Like a Hedge Fund
    “Greed is good”, but one shouldn’t always assume that the counterparty won’t notice. Last Wednesday, 27th January 2016, was FOMC day, news event day, and the markets went ape. Following on from the previous articles the idea was to continue to exploit the observed quote outages and extract value. Turns out that (presumably as expected), brokers aren’t that slow on their feet. I was moved from B-book status (i.e. rookie / loser status) to A-book status. Let’s just say that exces… Read more
    FOMC Day: How the Golden Goose got cooked – Getting my A-book status
    Taking control of your trading numbers is very important.  Here is an example of how straight forward it can be to run backtests in Excel. If you want to follow along in the article series, follow the link: Taking Control of Your Trading Numbers
    SPY 12 Month Momentum Filtered Backtest in Excel
    In this article I’ll follow up from Part I, on using the UK Services PMI to trade the GBP. The questions we’ll answer are:
    1. What economic indicators for GBP are out there and which can we use?
    2. How do you set up a macro system?
    3. What does it mean to trade a basket of currencies against GBP, or is there a preferred pair to trade?
    Let’s cover the main themes that affect the Foreign Exchange Rate:
    1. Inflation: influences Central Bank behaviour, but also tells us about price increas… Read more
    4 Economic Indicators to help your Fundamental Trading of GBP– Part II
    EURUSD tick data for the period 10th April 2016 to 15th April 2016. Zip file contains CSV files for each day. The format of the CSV files are: Local Time, Server Time, Server Time Milliseconds, Bid, Ask. The time resolution is in seconds. This means that there can be multiple quotes per second.
    Tick Data EURUSD, 20160410 - 20160415, Broker 1
    Investing in Bonds
    Of all things on this planet?!  Aren’t they boring?  Not explosive enough?  Isn’t this stuff what old people invest in?  Also, aren’t they supposed to start to sell-off?  And how do you get your hands on these over the counter instruments. In the first article of this series on Creating Profitable Trading Strategies  we started with the premise that you need to look at assets and their underlying biases. We covered equities.  They’re exciting.  Buffett makes 19.1% a year on them.  An… Read more
    Why Would You Want to Invest in Bonds?
    It’s only been the fourth trading day of 2016, but there is no shortage of surprises, volatility, and all round mayhem. Today the AUDUSD had two announcements which can be considered relevant. The first was at 00:30GMT, the Building Approvals number, and shortly after 01:15GMT the PBOC rate fixing for the CNY. The first announcement was followed by a slow 10 pip grind to the downside, followed by a retracement to 0.7084. The PBOC announcement was issued at 01:16GMT, on the back of which … Read more
    More on Market Dynamics: AUDUSD and the PBOC
    I’ve written several articles on what happens during news announcements, and associated quick trading strategies.  But from a regular trader’s perspective, surely there must be another way to approach these things. In this article I’ll given an overview as to how to trade these news announcements in a slightly more leisurely way, and see if there is anything to be had out of trading against market hysteria.  The instrument of choice will be the EURUSD, though you can pick any other inst… Read more
    Trading News Announcements Systematically: EURUSD and Non-Farm Payrolls