The best programs for trading on Forex and the stock exchange
A selection of Forex programs that will help make your trading more comfortable and profitable. Almost all scripts are free and can be easily installed on any version of Windows.
Forex programs are designers of advisors and indicators, non-standard trading platforms, programs for analyzing the Forex market, calculators for calculating important indicators.
VfxAlert - signals for binary options
Independent trading of binary options, contrary to the general misconception about its simplicity, in practice turns out to be an extremely difficult task.
Advertising convinces you of quick earnings and easy money, while misleading you that it is extremely easy to guess the price direction, and you can get a substantial reward for a correct guess.
Besotted beginners, relying on their intuition, manage to open up to several dozen transactions and ultimately lose their entire deposit.
The fact is that binary options are a professional exchange asset, which, like everyone else, is extremely difficult to predict. In order to make your forecasts systematically, and not like playing roulette, you need to have a number of knowledge and skills that are developed over years of study and independent trading.
Advisor-assistant THV Cavemanager
Controlling open positions is no less important a process than opening a deal itself. During the trading process as an active trader, there are a lot of tasks, ranging from placing stop orders and profit, dragging stop orders along the price movement, as well as the process of closing and monitoring orders.
As a rule, for traders who prefer to conduct medium-term trading, working with orders does not cause any problems.
However, for a scalper who can have up to ten transactions open at the same time, and their total number per day can exceed several dozen, there are a lot of difficulties and errors that can fatally affect the daily performance.
The THV Cavemanager advisor was developed specifically for trading using the THV scalping strategy, and its main task is to control open orders and manage risks through different models for setting stop orders and profits.
Money management program DDSMM
Almost all traders know about the importance of money management, since every book, every educational website or stock exchange TV channel on TV has repeatedly told us about the correct approach to money management .
However, as our practice shows, knowing about its importance is one thing, but not everyone can take up its use.
Agree, most beginners, chasing profit, completely forget about all the known and unknown rules, increase and double the lots, and then accept completely natural consequences. More experienced players who know about all the nuances usually complain that they spend a lot of time opening a deal and correctly calculating the lot, so they usually resort to using a static lot.
In any case, for both the first category of traders and the second, the use of money management becomes a burden over time due to the banal routine of mathematical calculations.
cAlgo program
Automation of trading operations is a real way to solve the problem of human factor intervention in the trading process.
Thus, an ideally profitable strategy tested on historical data turns out to be far from the indicators that we get in real trading.
Do you think it’s all about the broker, strategy tester, order execution speed, and the like? No, dear ones, it’s up to us!
The cTrader trading platform is the choice of professionals
No matter what anyone says, the MT4 trading platform, which is so loved by many experienced players due to the abundance of software solutions, was created for trading on standard accounts, namely when there is an intermediary, your broker, between you and the market.
For such a scheme of work, MT4 was really the best choice, since its speed and signal processing, along with convenient functionality, is really the best solution.
However, with increasing competition in the brokerage segment, companies have to constantly improve and improve their trading conditions, which has led to the emergence of ECN accounts.
ECN accounts are characterized by a complete absence of intermediaries, namely, you work directly with market participants, so the size of the commission, the speed of order execution and trading opportunities simply reach a different level, which is something that everyone’s favorite platform can hardly provide.
Superior Forex Desk – expanding the capabilities of MT4.
As you develop your own strategy and actively trade, you begin to encounter
insufficient functionality of the MT4 trading platform.
No, of course, in terms of market analysis, MT4 is one of the best platforms, but when it comes to routine automatic actions, such as closing all profitable trades or making a reversal or locking a position, then the platform is less self-sufficient, since everything has to be done manually yourself.
Many traders start using “Scripts” to make their life easier, but when there are more than five such additional tasks, you also begin to get confused with scripts and make stupid mistakes.
Trading platform for beginners and pros - Libertex
The Libertex trading platform is a unique web development from the Forex Club company, which is aimed at changing
the approach to financial markets from speculation to investment.
The developers have simplified working with the platform as much as possible, removing the very concept of leverage and lot, allowing us to select the asset we need and indicate the investment amount, with a possible limitation of risk as a percentage of the investment amount.
The platform is built in such a way that a beginner does not have any special difficulties with various subtleties, as happens in the Forex market when trading through MT4. It is worth noting that Libertex is a web terminal, so there is no connection to the operating system or computer, but it is enough to have a good Internet connection and a browser.
What the MetaTrader 4 trading platform can do
For many, the MetaTrader 4 trading platform is nothing more than a source through which you can get
a quote chart and the ability to close or open positions.
Due to their lack of knowledge, some traders believe that the functionality of MT4 is very limited, and the capabilities of the program do not completely allow the full potential of the trader to be revealed.
However, MetaTrader 4 is considered one of the most popular trading platforms, which is used by traders all over the world, and it gained popularity not because of the lack of analogues, but precisely because it has a very wide range of tools and capabilities.
So, what can the MetaTrader 4 trading platform do?
Trader's trade analyzer
Analysis of completed transactions has always made it possible to reveal the strengths and weaknesses of
a trader’s trading strategy. Many people do not attach importance to such analysis, but with experience you begin to understand that it is in the history of transactions that all the necessary answers are hidden, thanks to which you can avoid many mistakes in the future.
Trade Analyzer is an innovative online service that has become available to all clients of the Amarkets broker.
Previously, to analyze transactions and trade in general, it was necessary to spend more than one part of time or use additional programs, which in most cases are distributed only on a paid basis.
What is the MT 4 web terminal
The vast majority of traders, one way or another, have encountered various web
terminals from their brokers. If you look at all these developments, then, as a rule, they were, to put it mildly, crude, non-functional, and there was no trust in them.
The thing is that almost every broker’s web terminal is developed by him personally, so their shortcomings are always visible to the naked eye, and if you compare them with stationary platforms like MT4, then it is quite difficult to put them on the same level as a professional tool.
However, the active development of trading through web browsers has become a strong impetus for the Meta Trader development team, so we are entering the new year with a new web version of the MT4 trading terminal, which even the most inveterate skeptics do not trust.
Analysis of completed transactions
In the process of studying stock exchange literature, almost every author devotes an entire section
of the book to self-analysis. The fact is that all our work in financial markets, one way or another, is connected with introspection.
Moreover, before we start trading, we analyze our trading strategy on a specific instrument, then we analyze different models of capital management, and then we actually analyze the transactions carried out in order to identify all the positive and negative aspects of our chosen trading tactics.
Analysis of completed transactions is the last step during which it is possible to draw conclusions about the chosen trading tactics and make certain adjustments.
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