The MetaTrader 4 trading platform also known as MT4 is popular in the forex markets. The platform is free and has a built-in language for programming trading strategies. Mac Book user for MetaTrader 4 are getting more popular in the world.
Installation for Mac Book user is not as easy as window user. It require some extra step to get it installed. Download MetaTrader 4 for free. Here's some free Metatrader MT4 forex indicators that we like and we are using for our forex trading.
Read this instruction on how to insert indicators into your MT4 platform. It is a simplest trend-following momentum indicator that shows relationship between two moving averages of prices. Downloads "Please wait for 10 seconds for download to start".
Scalping in forex market is a popular method by quick opening and liquidation of position. It is commonly used in daytrading.
Our definition of scalping is to have a pips risk for pips gain. We develop a forex calculator that calculates position size and we are giving this metatrader MT4 indicator for free. Position Sizing Calculator for better Forex risk management. It automatically compute the appropriate lot size for your specific risk appetite and account margin. More information on how to install and configure the Forex Position Size Calculator. Login To Unlock The Content! Or subscribe to The Alien Room here.
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We are sharing some useful forex trader tools that we are using ourselves. We use default setting for MACD in our scalping trades. Commonly tools combine for scalping: Forex Size Position Calculator.
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