How to show local time in MetaTrader 4 or MT4 platform ...

Learn More About the Latest Forex Tools

These FX trading tools lets the user take their own algorithms and strategies and run them together. It allows for algorithmic strategy building along with no need for coding knowledge.

For anyone that wishes to formalise their style of trading using algorithms.

It offers:

• A simple to use drag and drop interface
• Ability to connect technical indicators and math functions
• Templates that are easy to customise
• The ability to implement strategies for platforms including cTrader and MT4
• Both videos and e-book for those just starting out

VPS

Want an FX trading tool that will be online 24/7? That's just what VPS (Virtual Private Server) is capable of. It's a remote computer made available to traders that are algorithmic. It gives the option of complete automation for trading, the terminal doesn't even have to stay running. The main benefit of this Fx trading tool is no interruptions. Expect lowered latency and zero down time!

No reboots and protection of EAs are two benefits that have professionals using VPS more often than ever. Even set up will go on without a hitch using an easy step-by-step guide. Of course, having professionals set it up ensures that it's done right, and that traders are trained accordingly.

The Economic Calendar

A simple to use economic calendar is a priceless FX trading tool. It allows the trader to plan his or her day by the minute. Take control of currently released and previous reports that have been released as well as volatility generated and consensus forecasts. Knowing upcoming events that will happen in just the next few hours as well as days, weeks and months gives one an edge on other traders.

Many are happy to know that there are automatic updates and live views of released event data. The ability to view previous events and analyse their effect on the market is invaluable and could easily make for better trades.

Ease of Use

No matter which economic calendar is chosen, one will see all the scheduled events broken down for the day at hand. By selecting an individual event, one will get even more information and data that can help make more than informed decisions on trading.

Expect to see how much time is left until the next event, as well as those that have already happened. Expected volatility is presented as well as prior percentages and an actual consensus. All of these benefits will help anyone make the most informed decisions possible.

Mobile Apps

The Forex calendar is customisable so only what one wants to be informed of is seen. This makes it easy for beginners, and less stressful for experienced traders. One can change the time zone, country, category and volatility level to get detailed results that cater to their needs.

Staying up-to-date on all the latest developments is easy with mobile apps for both Android and Apple devices. The calendar app can also be downloaded so that wherever one goes they have access to whatever information they need.

Conclusion

These are just a few of the FX trading tools available on the market. Aligning with experts in Forex is a smart way to ensure that one is getting the best setup for their personal trading needs and style. Forex can be a complicated platform for trade, but it can also be simple when the right tools and help are obtained.
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Dealing with boredom.

Been learning how to trade forex for 4 years. It has always been a frustrating journey, but whenever it beats me, i get back into the fight and try to figure out how to beat the game. It was always interesting even though I was loosing 90% of the time.
Now that everything is almost figured out, it feels that I've lost interest. Barely interested in opening charts, and when I do... boy is it difficult to stay focused (on the 1minute timeframe). I open the chart, draw my zones, set my alerts, then immediately alt tab out of mt4. I don't know what's wrong with me, same with women, once i figured out how they "worked" I was no longer interested or intrigued.
Does anyone know how to combat boredom in trading? Anybody feel the same way when they start breaking even or even winning trades?

I was just thinking of the following to cope with the boredom:
- talk more in the (inactive) discord group
- excersize more
- meditate
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How to Win in Forex

If you practice strict money management rules, then you will become the casino. The house always wins because the casinos know how to control their losses.
Most people have to learn the hard way.. or don't learn from their losses at all due to emotions getting in the way. Don't be fooled by people who use big lot sizes and make big wins on social media. They suffer big losses too and if they don't control their risk management then they will not last long. The problem is that far too many people want to get rich quickly, but nobody wants to get rich slowly. Some of you, if not most, know what I'm talking about.
Take this scenario for perspective. Let's say we have a contest based on these two constants.
Who is going to come out on top? Undoubtedly, me. Why?
Because at the end of the day, money management is the only thing that will be in charge of making your account go up or down.
So how do you exactly make sure that you are using proper risk management? I would suggest either downloading a position sizing indicator and throwing that on your MT4. This will do all the math for you, saving you countless hours over time. You can find a good one on Google. If you are serious and thinking about becoming a professional forex trader for years to come then you can spend 30 minutes searching for an indicator.
The second part is to stick to your trading system. This will require some backtesting. Save your money and take the time to backtest your system. A system is needed to properly trade forex. Why? Because a system is quantifiable.
A system is basically a series of "if, then" statements.
Example: If price is below my moving average, then do not enter a long position.
You need a string of rules, or constants, to create your system. Again, if you take trading seriously, then you will take all the time you need to play with all sorts of indicators in order to find your own system until you find what works for you. This step is crucial. This is why you can never rely on another person's analysis because it is not consistent and is out of your control.
When it comes to me and my money, I want to eliminate as many things as possible that are out of my control.
With this being said, this should be a clear explanation on why price action trading is nearly impossible to consistently make profits and win in forex. There's way too much guess-work involved. Don't believe me? Have you ever found yourself asking any of these questions below? If you do, then welcome to the majority of traders who lose money.
With this said, ladies and gentlemen.. as much as you want to believe you are some kind of magician, we cannot predict the markets.. especially if you're trading with pure price action.. at least not consistently. Predicting the markets is basically the same thing as trading blindly and it's a sucker's game IMHO.
The purpose of a system is to give you an edge over the markets.
To sum up this lengthy post, here are three takeaways:
  1. Create a quantifiable trading system.
  2. Practice proper risk management.
  3. Find what works for you.
Edit: Things to study.
Baby Pips
Trading in the Zone
No Nonsense Forex
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some helphul common terms for forex traders

Common terms:

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Forex market hours clock  Forex time zone converter[Forex ... TimeZone Indicator – indicator for MetaTrader 4 How to Find your MT4 Broker server time or timezone used ... Forex Indicators - Change MT4 Time Frame Indicator MT4 How To Display Additional Time Frames on MT4 and MT5 ... How to Set Your Time Zone in MetaTrader - YouTube MT4 How to keep charts on same date & time - YouTube

How to show local time in MetaTrader 4 or MT4 platform instead of server time . Author: Techiediaries Team. 25 Jan 2017. MetaTrader 4 is one of the best Forex trading platforms on the world and it’s offered by the majority of brokers nowadays .But sometimes you’ll find some problems with the platform such as displaying your local time instead of broker server time if your local time is ... This indicator will show six line consisting of different time from all most active forex market in the world, timezone start from Home, New York, London, Tokyo, Sidney and finished with displaying time from server/broker.. Forex MT4 Indicators – Download Instructions. TimeZone Indicator – indicator for MetaTrader 4 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator ... This forex indicator, the Candle Time Indicator for MetaTrader 4 (MT4), helps users know how much time on a candlestick is remaining. The Candle Time indicator is simple but incredibly powerful and useful tool. To download the P4L CandleTime.mq4 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category. As the time on MT4 and MT5 are set to GMT+2(GMT+3 on DST “Daylight Saving Time” in NY), 00:00 on MT4 and MT5 is adjusted to the “Market Closing Time of NY Exchange Market”. It is the time the market of the day ends, and Swap(overnight financing) will be credited to each position. Some MT4 programs to change the time. If you find the MT4’s time setting as very inconvenient, then you can also find a program to change the time display on MT4 to another. This does not change the trading server time, but it just changes how you see it on your MT4 though, maybe some traders find it useful. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to ... TimeZone Indicator – indicator for MetaTrader 4 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data. TimeZone Indicator – indicator for MetaTrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

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Forex Indicators - Change MT4 Time Frame Indicator MT4 - Duration: 7:10. Forexbooknat 1,376 views. 7:10. Moving Average Trading Secrets (This is What You Must Know...) - Duration: 26:03. Rayner ... How to Find your MT4 Broker server time or timezone used on your MT4 Forex trading platform NEWEST VIDEO MUST WATCH: "+1000 Forex traders prove that directio... As more and more people who are trained in our community discover this extremely important breakthrough in reading charts and technical analysis, more people... NetPicks shows you how to set your time zone and make it accurate. We show you how to sync your broker time with NY time in MetaTrader. MT4 Time Axis 47,709 views. 4:14. Cambiar la hora en MetaTrader 4 y 5 Indicador Local Time - Duration: 1:47. Admiral Markets España 9,443 views. 1:47. Trend Seeker multi timeframe and multi ... Check Out More FREE Forex Training Videos Here: http://www.compassfx.com/video Forex market hours clock Forex time zone converter[Forex Toolbox] What are the major Forex market trading hours? Easily convert the major market trading h...

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