Forex Resources

Oct 13, 2012

Simple Forex Tester

This program has an interesting concept, allowing you to do advanced, time-efficient back tests and trade simulations. This is perfect for those interested in experimenting with new strategies; those doing research on existing strategies (and/or attempting to verify someone’s claim of a such and such % win rate); or simply those seeking more practice time, […]
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CompassFX Videos/Commentaries

CompassFX provides some interesting FOREX videos and commentaries. Not sure we would buy into any of their techniques that use an indicator or other tool that you have to purchase from them, but besides that, there are some interesting takes on common methods and patterns.
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FXDD Trading Webinars

FXDD provides some useful training videos. Better suited for traders just starting out (in our opinion) as the training tends to be more foundational, such as introduction to technical tools and how to draw Fibonacci retracements and trend lines …

Forex Mentor Pro

Not only is this one of the most inexpensive forex education services on the market, they provide excellent value to their customers. No matter what type of trader you are – a long term trader, position trader, day trader, or scalper, these guys have a strategy that fits your style! Not only do you receive […]
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Trading Naked

Trading Naked is an extremely valuable resource, offering a complete wealth of free information. Check out their large directory of various trading topics at the Trading Naked Article Directory and trade setups directory.
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Contract or expand a chart vertically (adjust the vertical scale)

Mouse over the right hand side of the chart where the prices are displayed until a message appears that says “Vertical Scale.” Then click, hold, and adjust the scale by moving the mouse up (to expand) or down (to contract). Video demo to follow… UPDATE (10/22/2012): Short video demonstration at http://youtu.be/YhWWk9PSIDI
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MetaTrader 4 handy hot keys

F9 – Opens the order window F8 – Opens the chart Properties window F7 – Opens the properties window for an expert advisor on the currently selected chart (if an EA exists on it) F6 – Opens the strategy tester CTRL + F5 – Switch to next profile SHIFT + F5 – Switch to previous […]
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Restore an accidentally closed chart in MetaTrader 4

If you ever accidentally close a chart or wish to re-open a chart you closed, go to File->Open Deleted and you will see a list of recently closed charts that you can restore.  
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How to set hot keys for indicators, expert advisors, and scripts in MT4

Setting hot keys allows you to easily access indicators, expert advisors, and scripts. To set a hot key, open the navigator window. In this window, you should see your expert advisors, indicators, custom indicators, and scripts —> right click on an EA, indicator, or script and scroll down to “Set Hotkey.” Just follow the prompts […]
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Duplicate a trendline to make perfect channels in MT4

Rather than using the Equidistant trendline tool, you can create a parallel trend line channel by selecting a regular trend line and holding down the CTRL key on your keyboard. The trend line will be copied and you can then drag it up or down to make a trendline channel with parallel lines.