How to install or add an expert adviser (EA) on a chart in MT4

This article is for those who want basic step-by-step instructions on how to add an MT4 Expert Adviser (EA) onto a chart in MT4 platform. This is most useful for beginners and those who are new to MT4 platform and running EAs on the charts. Step 1: Save the package you have received This article…

How to add a URL to allowed URLs list in MT4

Watch this quick video to learn how to add URL to the list of allowed URLs in MT4 (same steps are explained again below the video): This article is written to give simple, step-by-step instructions on how to add a URL to the list of allowed URLs in your MT4 platform. This is a mandatory…

What are the characteristics of a good forex robot vs. a bad one

There are so many forex robot programs out there, it has become very difficult to decide which one is a real good performer and which one is going to take your bank account with it. In this article, I have tried to list the traits of a good forex robot vs. a bad one. Smoothness…

What is swap in forex trading?

I am in forex trading for some days now and I have decided to start writing about the basic concepts and terms involved with this business. Anyone who has traded forex markets using one of many trading platforms available, must have come across something called as “swap.”I am not sure I myself understand this completely…

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Risk warning: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.