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We hope you find it useful in your quest to take money out of the markets. For more up-to-date performance results on our demo accounts, click the buttons on the Navigation Bar on the left-hand side.
You must be aware of the risks and be willing to accept them in order to invest in the forex, futures and options markets. Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.
The past performance of any trading system or methodology is not necessarily indicative of future results. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. As indicated above, simulated trade results on demonstration "demo" accounts may be inaccurate and misleading -- they may not reflect the actual results the user would see on a real account using real-money. For example, demo accounts cannot reflect factors such as trade execution "slippage", which occurs on real-money accounts but not on demo accounts.
Slippage is the difference between the expected price of a trade market price , and the price the trade actually executes at.
Slippage often occurs during periods of higher volatility when market orders are used, and also when larger orders are executed when there may not be enough interest at the desired price level to maintain the expected price of trade known as the "lack of liquidity".
These types of adverse factors must be dealt with in a real-money account, but they are usually not reflected in a demo account environment. Thus, it is entirely possible that a trading robot shows profits on a demo account, but performs poorly on a real-money account.
Unless otherwise specified, all trading results shown on this site are from demo accounts. MACD also has a Trigger line. Calculate the days EMA of closing price 2. Calculate the days EMA of closing price 3.
Divergence is found by comparing price shifts on the chart and MACD values. For example, while Sellers may seem to be dominating the market at the moment and price continues to trend down, there already might be signals for an overall weakening of Sellers power. This key warning moments can be observed with MACD indicator. What Forex traders would see is that despite price making new Lower Lows, MACD doesn't confirm that and instead registers a Higher Low, signaling that Sellers are running out of steam and a trend change is on its way.
When MACD line on our screenshot it is a blue line crosses Signal line red dotted line - we have a point top or bottom to evaluate. Evaluate the lines received, as shown on the larger screenshot click on the small picture to enlarge. Another entry strategy is to find 2 most recent swings high or low on the chart and draw a trend line trough them; and then set an Entry order on the breakout of that trend line.
MACD divergence trading method used not only to predict trend turning points, but also for trend confirmation. I noticed you look at MACD line to identify divergence. I learned earlier that traders also look at MACD histogram to trade divergence. Could you please explain the difference. Yes, that is correct. We use MACD line.
As you have noticed our MACD indicator has 3 elements: MACD line, a Signal line and a histogram. Many traders nowadays use MetaTrader 4 platform. There MACD has only 2 elements: That is why some traders are saying that they are looking at MACD histogram to trade divergence Could be of use to some traders looking to learn basic principles of MACD trading.
Try trading higher time frames. You cold be making a mistake common among traders: With small time frames your targets should be small. Also when you trade with indicators, you should realise that majority of them lag, give delayed signals. This means that a trend is underway when, in this case, MACD releases a signal. Trends on small time frames end quickly. When your entry is delayed, because you were using indicators, you've got not much time to profit.
That's why targets should be small. If your goal is to collect larger profits while relying on indicator signals, then you should be looking at daily charts or higher. With MACD on daily charts you'll be able to catch large trends that will last for days or even months, so there will be plenty of time for a trade to develop and profits to be collected before a trend reverses.
It'll depend on the trading platform you use. There is nothing wrong about asking your Forex broker to help you with finding and applying the MACD indicator. In fact, they must be glad to teach you the basics of using their Forex platform. Try it, but if nothing works, come back and we'll figure it out. Also a flip across zero level can be traded too. These are trend lines, which act as support and resistance levels. Trend lines should always be present on your trading charts.
Hi, I am using H4 and have been trying to track types of candlesticks comparing with the histogram but finding it rather impossible since the bars move while the candlestick changes up and down , I thought by seeing the height of the bar on the histogram i can see if to catch even small trends and make small profit from it, is this wrong?
Do i still have to use this indicator with others or can i use it on its own? I was under impression it's different to the standard MACD that you get with MT4 as the standard indicator one would normally use RSI, Stochastics and bolinger bands with it, please help, thanks.