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.
VR Watch list and Linker – forex assistant program for multi-currency trading
Before starting trading, any professional trader reviews the market and then selects suitable assets on which he will trade at the moment.
The fact is that when trading contracts, there are more than a hundred different trading assets, ranging from currency pairs and crosses, to all kinds of CFDs for stocks, commodities, indices, and so on.
However, it is worth understanding that not all instruments are suitable for trading, since many of them simply lack market activity.
Naturally, the absence of large players leads to the fact that the price can move no more than 20-50 points per day, which naturally does not allow even scalpers to make money in such conditions.
That is why choosing volatile pairs is a mandatory preparatory step before starting trading.
Make your trading more effective with a trade analyzer
Many traders change trading strategies, indicators and programs day after day after a loss on Forex.
For some, this search for a truly working algorithm even takes years.
However, as practice shows, not one of those traders who puts their next trading strategy into a black box every day has conducted a full analysis of their own trading. In fact, every professional knows that the devil, as always, lies in the details, which few people are aware of.
Thus, the same Forex strategy can show completely different results on different currency pairs and even at different times of the day.
Naturally, in order to learn about the strengths and weaknesses of a strategy, it is necessary to conduct many hours of painstaking analysis.
Identifying Elliott Waves with ELWAVE
A market pattern that almost all traders notice over time is that the price, with its movement, develops a wave-like structure.
Almost every strong movement is followed by a pullback, and after every pullback of the trend and market wave, another update of the highs and lows begins.
Naturally, this obvious pattern of price movement in any financial market simply could not go unexplored.
The pioneer who was able to structure all the observations was the famous financier Ralph Nelson Elliott, thanks to whom the world was able to learn about the wave theory and the practice of its application.
It is worth noting that the theoretical part of the wave theory is very easy to understand even for beginners, because in books the waves are drawn in the form of ideal curved lines.
Metatrader Indicator Generator
When creating your own trading strategy, any trader faces enormous difficulties in selecting such important elements as indicators.To date, progress in the field technical analysis has stepped forward so much that the number of indicators is measured in hundreds, or even thousands.
Naturally, in such a huge selection it is quite easy to get lost, because in practice no one except the authors themselves knows for what purposes these tools were created, on what formula they are based and what is the initial data for their construction.
Of course, if you understand programming, you can easily determine what is behind this or that arrow on the chart, but if you do not have such knowledge, you need to be prepared for the fact that the arrow may disappear at any moment.
That is why it is often easier to create your own indicator for trading, and the special Metatrader indicator generator will help us with this.
The Metatrader indicator generator is a special program that allows you to generate technical indicators based on digital filtering using two different methods.
Technical analysis with Fibonacci Trader
For everyday trading on the stock exchange, a trader must have an effective trading platform, and to be more precise, a professional trader environment, within which there is a wide range of functionality.The fact is that markets change from day to day, while the usual platforms for a trader are updated extremely rarely, not to mention the fact that in many cases the functionality of the programs is morally outdated.
Naturally, a trader must be able to adapt to changing conditions, but in order to do this effectively, he needs a wide range of tools that would allow him to conduct technical analysis.
That is why the use of special programs that expand the functionality of basic trading platforms is an integral part of the trading routine of any professional.
The Fibonacci Trader program is a professional platform for conducting technical analysis of the market, both in real time and on historical periods.
It is worth noting that the platform will primarily be useful to traders who practice using Fibonacci tools, as well as those who use technical indicators in their trading.
An example of creating an advisor in the constructor
Today, automation of the Forex trading process is not just a whim, as it was before, but a vital necessity.Creating an advisor is the best solution to a person’s corrupted discipline, absent-mindedness and greed.
Many people avoid automating their systems because they believe that they need to know a programming language or pay a lot of money to a programmer to implement their own ideas.
In fact, traders who know the programming language have long prepared solutions for people like you and me and created special advisor designers.
Thanks to them, you can realize almost any of your ideas.
Advisor designer – Ensed Cor
Modern trading conditions make it possible to significantly simplify and automate the Forex trading process.The emergence of various exchange terminals, and especially the series Meta Trader made it possible not only to trade via the Internet, but also to create your own software products, up to the complete automation of trade by creating robots.
However, the implementation of their own ideas requires the trader to either have programming knowledge or a large wallet to pay for the services of programmers.
Naturally, this could not continue for long, so special advisor designers were born, thanks to which you can create your own trading robots.
ForexClock program
It is no secret that the activity of certain assets, as a rule, is timed to a certain trading session, or, to be more precise, to the opening and closing of various exchanges in different parts of the world.
Thus, the dollar and euro show increased trading activity during the European and American trading sessions , and on the contrary, during the Asian session they enter a narrow side channel.
If we talk about the yen, then currency pairs with this currency are active during the Asian trading session. In fact, almost all traders know about the pattern of increased activity during the opening of certain exchanges, but few people apply this knowledge in practice.
The reason for this is simple ignorance of the opening time of certain exchanges, as well as incorrect comparison of your own time zone with the time zone of the exchange. Knowledge about the activity of a particular exchange allows a trader to determine the exact goals for exiting the market, because if the activity of a currency pair directly depends on the trading session and the exchanges on which the main trading takes place, it is possible to clearly determine the moments when asset activity fades.
Optimal F program for risk adjustment in Forex
There are many different models of money management, but as practice shows, most of them are not used by traders, but either a static lot or a certain percentage of the deposit per position.
The most interesting thing is that the most common method of money management , in which a trader uses either a certain part of the deposit or a certain percentage for one transaction, which is essentially the same thing, can cause your deposit to be drained.
This may shock many, but the usual risk rule of 2 percent of the deposit or $100 per trade has caused the loss of millions of traders.
Unfortunately, most traders, when choosing a certain capital model, do not even think about whether it is suitable for them, but use it only because it is necessary or so said in most books.
Program “Market Entry Calculation 1.1”
If we consider traders and their actions when opening positions, then almost all of them can be divided into two conditional groups.
The first group of traders almost never thinks before opening positions; when they see a signal, they immediately carry out a transaction with lightning speed, and only then calculate their profits or losses.
Such traders never calculate the value of a pip and do not take into account all the smallest details.
Naturally, this category of traders, at best, work with a static lot, but sooner or later, out of courage, they enter a position with too large a lot and lose almost the entire deposit.
The second group of traders, which are also called professionals, always know in advance how much they can lose or profit from their position, calculate everything in the smallest detail and conduct strict money management.
TraderStar program
The profession of a trader involves working with a huge amount of analytical and financial material, on the basis of which trading decisions are made.
As a rule, this material is found using various programs and applications, and the more tasks a trader has, the more applications and sources of information he has to use.
For example, you, as a trader, conducting a technical analysis of the markets, look directly at the trading terminal, while at the same time viewing a number of news resources simultaneously,
as well as online quotes, for important indices of which, due to the characteristics of your broker and the markets in which you work, simply No.
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