MetaTrader Expert

All About IRS Wage Garnishment

2011-10-04T13:35:00.000-07:00

IRS wage garnishment is only when a person has failed to taxes and a very substantial amount of money owed.Legally a part of individual salary is withheld, and the process continues until the full amount has been paid on the taxes owed.

After a person's salary has been garnished, often they will see a portion of their wages until the date that the amount that was withheld due paid in full.It is not normally meet all the individual exception and do what is possible can get through during the process.At the same time to find ways to shorten the process, but of course, must follow very strict rules to do such a thing.

The not always pleasant act of paying taxes is one that everyone on the basis of nationwide laws, and it is especially importnat to on time, to avoid such drastic measures such as IRS wage garnishment.

2011-08-17T13:14:00.000-07:00

Many Montgomery College students have succeeded as judges, lawyers, doctors, teachers, civil servants and politicians.Some have the school as teachers, administrators and staff back.Others have the skills they learned at the college and directly entered craft and taken semiprofessional so important to the economy of the region.Some have made in the arts.Others had carved careers in sports. Read also about other radiology schols in MAryland.

In 60 years, about half a million men and women have attended Montgomery College.They have gone on to make numerous contributions in the region of the country and the world.After leaving college, they have four-year colleges and universities, where these former students have earned high school diplomas and participated.Your employment history is as the economy itself changes.Many have started their own companies and others have climbed the ladder of success in established private and public corporations.

2011-05-12T03:27:00.000-07:00

You must be aware of this possible crisis.Prepared the subject earthquake and emergency manuals are prepared.A supply of food, water, and flashlights are some of the concepts we should all have at home for emergencies of any kind.Radiation sickness should be considered in these emergency cases.

The first step to ensure adequate iodine supply is guaranteed.Japan's reactors could melt completely and to pour huge amounts of radiation into the atmosphere.The fact that the radiation safety program from the jet stream carried out, could arrive here in the U.S. in three days.This could be a life-threatening event.

Natural therapies have been in Chernobyl and Hiroshima, we have used fishing reports.Basically, if lack of iodine, the body takes from radioactive iodine exposure.

Unfortunately, "947% of Americans are so poor of inorganic iodine, "Dr.David Brownstein.Iodine requirements are higher than they were 50 years because of decreased radiation safety from cell phones, X-rays, power lines and other facets of modern technology.

Dr. Guy Abrahams research shows 13mg/day prevents about 96% of radioactive iodine from binding to the thyroid gland.This is the approximate dose of iodine daily from Japan included, taken over 100 times the average daily dose of Americans.Every cell in our body needs iodine for optimal function.Therefore, if iodine deficiency, exposure to radioactive iodine can potentially cause damage to all cells of the body.Iodized salt will not work.

It takes 5 cups per day equal to the amount of iodine in a KI pill.The 5 grams Spirulina per day for 45 days, found the Institute of Radiation Medicine in Minsk, children show immune system and T-cell counts and reduced radioactivity increased.

2011-03-21T15:00:00.000-07:00

Cardiovascular technician to perform the task of assessing blood flow problems and disorders.Each cardiovascular technologist undergoes a two-year training and receives what is necessary.In general, two-year program begins with some general education requirements such as biology and lands in the specialized topics and content that you selected as areas of interest.

Training for cardiovascular technologists and the training necessary will depend on the qualifications of the individual.Your interests may also play a role.If you want to be well trained in invasive non-invasive cardiology, you need a bit longer in school.

No matter what discipline you choose, you must also learn to communicate with your patients.A cardiovascular technologist can specialize in each of the following four areas.Cardiology - This is also known as "cardiology technologists, and this branch specializing in the support of physicians implant cardiac catheterization.

Echocardiography degree programs - All cardiovascular technologists who choose to lead this sport, do ultrasound techniques on the patient's heart.Electrocardiography - This is also known as ECG technician.This discipline is responsible for conducting electrocardiograms (ECGs) and also run stress tests.They are also responsible for equipping the patient with a Holter monitor.

2011-03-11T13:16:00.000-08:00

Jeff Edwards, an accomplished pilot, teacher, accident investigators (you name it), presented case studies illustrating what happens when aircraft are operated beyond their intended limits.Pilots are the operating limits of their aircraft by the manufacturer, and are legally obliged to follow them.Trained pilots will not knowingly operate their aircraft outside of those limits.

However, Mr. Edwards discussed how easy it can be a misjudgment to disastrous results lead with case after case of pilots trying to fly their planes and on gross weight, of the right load distribution (usually heavy tail), under boundary conditions (altitude, warm temperatures, tailwind Start, short takeoff and landing runways, etc., etc. hurry up and closed) and a perceived need to go home.

The pilots have a responsibility to secure transport for themselves and their passengers, and should always work (even) within the limitations of their aircraft, even if it means they do not make the trip in the first place.Associate degree in aviation is one of the most successful breakthroughs in the world of transport have been.People and things are transported to places and back comfortably in a short period of time so distance is no more and the time is maximized.So that people decided to air transport for business or simply take advantage of convenience and functionality.

In the early days of modernization, the impact of air transport in the lives of people in itself a very important tool.Plane ride seemed an ordinary commodity and lifestyle.Furthermore, behind these people, these human vehicles and aircraft, the same people who went to become corporate pilots or fulfill their dreams in the field, flying as an airplane has always been a fascinating experience in rigid education and training.But for these workers, it is more.It is to ensure the safety of their customers while driving and ensuring them that they will be transported with ease.

Read about bachelors in aviation...

2011-02-11T05:39:00.000-08:00

The use of new servers, the university is saving more than $ 4,500 in electricity costs per year.Environmental chemists need to have a good base in all the sciences such as biology, geology, ecology, sedimentology, mineralogy, genetics, soil and water chemistry, and studies in mathematics and technology as well.You can help in the field to those conditions and chemicals in the safety and environmental laws, or they can work in the laboratory work to develop new products use.

The State University of New York degree of Environmental Science and Forestry has a Bachelor of Science, Master's and PhD programs in Environmental Science.They believe in hands on research and each student must participate in laboratory research and field trips as well.

Environmental chemists study chemical species that exist in the air, soil and water and the impact of people on them.They study the chemistry of the soil, water and atmosphere, analytical chemistry and related environmental sciences and advanced mathematics and engineering.Environmental chemist employed by the U.S. Environmental Protection AgencyS. Departments of Agriculture and Defense and the U.S. Environmental Protection Agency, waste management and consulting firms and other public and private organizations and research institutions.

Coe College is a possibility that environmental sustainability is required to recycle their computers and network equipment.Each year are recycled over 10,000 pounds of equipment from a licensed environmentally sound recyclers.You also have the duplex printer, the converted, they save more than 500,000 pages of paper per year.Coe College has also invested in new energy-saving devices, when older equipment is replaced.

2010-12-26T06:43:00.000-08:00

Low - income women often do not get regular care, which would earlier breast cancer is discovered "), birth control pills (use of birth control pills increase the risk of breast cancer for women in menopause before), hormone therapy (increase breast cancer women, estrogen and progesterone for four or more years), smoking, in cancerous breast changes, excessive alcohol consumption, weight (weight gain after 18 years found an increase risk of post - menopausal breast cancer and has shown high dense breast tissue on a mammogram distinguish tumors difficult.

The effect of radiation on the brain and dosimetry programs, will depend on factors such as the radiated area of the brain and the type and dose of radiation given. Some people may experience nausea and vomiting during the course of radiation therapy to the brain.Hair loss in the area of the brain will most likely be emitted.

The patient's age may also play a role.Young children who are still developing many skills, may have different effects than adults.Most side effects do not occur during the treatment itself.You start with a short time afterwards, or long-term effects that develop months after treatment.Some side effects may similarly distinguish symptoms of a brain tumor and are difficult to distinguish between tumor effects and effects of treatment.This happens because of brain swelling from the radiation.Side effects can be problems with speaking, walking, and visual disturbances on radiology courses.

Although not everyone all the side effects of radiation on the brain experience, there are some common side effects.According to the International Association of radiosurgery Fatigue is one of the most common side effects.Fatigue can be severe as the treatment continues.

2010-06-20T02:47:00.001-07:00

Career in Dental Radiography

While starting your dentist takes this precaution to protect your, is almost non-existent scattered radiation with the modern dental x-ray equipment.(By law, all dental x-ray technicians machines in the U.S. for accuracy and safety at least every two years, checked in some states, more often.) Mean also, Film advances in x-ray that the film requires less radiation to develop the same image quality.

X-rays help dentists consider one of the most useful tools that patients maintain good oral health.X-rays help dentists diagnose relatively common disorders such as caries, periodontitis and infection, and some of the unusual problems such as cysts, abscesses and tumors.X-rays can also allow your dentist to determine if a child of the permanent teeth erupt properly and with correct spacing.In general, kids need X-rays more frequently than adults because their mouths grow and change rapidly, and they are more prone to tooth decay than adults.In today's digital age of dentistry is making great progress in reducing the nuclear med dose for a dental x-ray administered.

In the 1930s and 1940s, the cone for used X-rays fall most of the head and neck.Today, the cone is very small, so radiation is only pointed at the little place where the x-ray film is located.Many of the critical institutions that radiation could show effects are not lined in the path of the radiation, and the use of lead, whole-body aprons protects your body from stray radiation.

2010-03-29T09:30:00.000-07:00

The main advantage of debt relief in Ohio is that it is very convenient collection of state laws that do not exist in other states that prohibit certain creditor harassment.Ohio laws say that if one collects a debt collection company, they are legally obliged to stop, please contact a consumer if the consumer sends a warning and / or an authorization message to the collection agency that is a third party is responsible for dealing with all communication with the lender.

A consultation was launched today by business minister, Ian Lucas, to change DROs to increase the take up of the repayment option aimed at those on lower incomes and levels of debt who cannot afford either a bankruptcy or Individual Voluntary Arrangement (IVA).

It is very important to emphasize that Ohio law not only restricts the harassment of collection agencies, but also by the original creditor as well.The process of Ohio debt relief for the residents of Ohio does not differ much from the extinguishment of debt in other states.If a consumer falls behind on their payments, debt is still collected from the original creditor, the creditor reserve the right to take the debtor on a daily basis claim to collect what is owed, and although debt settlement companies, Ohio This service clients can easily reduce the calls, but it is making almost impossible to fully stop the calls.

There are a lot of debt settlement companies in Ohio, which you will find relief.But before the final decision would be better to make your research and make sure you choose a reputable debt settlement companies.

2009-10-18T04:55:00.000-07:00

Today, many people use the Internet to conduct online transactions for a variety of financial products.Financial products include currencies, equities, options, futures and commodities.Many benefits of online commerce are the main reasons why so many people choose to participate in trade from behind their computer screen.This article provides three powerful benefits of online trading.

# 1 - Convenience

One of the most important benefits of Internet commerce is the level of comfort that you'll be able to enjoy as a businessman.Online transactions allow buyers and sellers of financial products from around the world to come together through networks of advanced telecommunications.This means that operators can now participate in exchanges using different financing options for all places in the world.All this will require of them a simple trading account online, the computer and reliable Internet connection to enjoy this privilege.Better yet, you can negotiate while having the time of your day to day work and participate in trade that you are connected to markets around the world, indifferent to the time zone.An example of such a market, the currency market allows transactions 24 hours a day, five days a week.This convenience is perhaps one of the main reasons for the participation of so many people in online transactions these days.

# 2 - Easy to install
Secondly, an account of online trading can be implemented fairly easily.It would probably take only a few "clicks" from mouse to begin.In most cases you can find a reputable site in the online brokerage through a simple search using the sites search engines such as Google or Yahoo.These online brokers have a few hundred dollars to be stored in an operating account at any point in time.There is a contrast between the vast majority of accounts of physical transactions for its account holders and with the minimum of several thousand dollars at any point in time.
http://www.associatedcontent.com/article/1047974/key_benefits_for_online_trading.html?cat=3

2007-02-01T06:25:00.001-08:00

1. Motivation

Starting from build 196, MetaTrader 4 Client Terminal offers testing visualization function. It allows controlling the Expert Advisors' testing on a brand new level. Now, the trading programmer can watch every action of his or her Expert Advisor checking its operation on history!

You can read about how to use the visualizer in Testing of Expert Advisors in the MetaTrader 4 Client Terminal: An Outward Glance. In my previous article named Testing Visualization: Functionality Enhancement, it was described how to realize the "Trade" tab for testing. We will add the "Account History" tab to it here.

2. The Task and How to Realize It

First of all, we will have to reconcile ourselves to that we cannot create a shadow copy of the "Account History". To create it, we would have to write a complicate program using dlls. But we do not need this at all since the "Test Results" tab of the Tester contains almost the full information about operations made.

Our task is to display actual information. This can be very convenient when analyzing the Expert Advisor's work. There will be no need to switch between tabs all the time.

Since there is not very much space in the display and realization of scrolling is not a very simple task, we will only display the most recent events.

What is left, is to remind that, to create a subwindow where the history will be displayed, it is necessary to create an indicator and, having attached it to the chart, create the template named tester.tpl or in the template <expert_name>.tpl (you can download the indicator directly from this article).

Saving a Template for Testing

Now we can start to prepare the Expert Advisor.

This is not very difficult either:
- save the VisualTestingTools.mq4 file in the directory named ...\MetaTrader 4\experts\include\;
- add the #include <VisualTestingTools.mq4> line to the Expert - now the file content is included into the Expert's code; and
- insert in the Expert's init() and start() functions the calls for functions responsible for trade history updating .

   
You can download the ready Expert Advisor here.

3. Testing

Now, let us try to test the new Expert. For this, open the Strategy Tester window, select the CrossMACD_DeLuxe_VisualHistory in the Expert's menu and press its properties button.

Strategy Tester Window

The Expert has got some new external variables - they are declared in an included file named VisualTestingTools.mq4. Some of them are intended for controlling the "Terminal" tab, the other ones - for the "Account History" tab, but most of them are common:
- TerminalRows - the maximum amount of the "Terminal" tab lines to be displayed. If you make TerminalRows = 0, the terminal will not be updated;
- HistoryRows - the maximum amount of the "Account History" lines to be displayed. If you make HistoryRows = 0, the account history will not be updated;
- BigText - set true if you want to make the fonts larger;
- SignalPoints - the distance, in points, starting from which the Stop Loss, Stop Profit and Open Price fields of pending orders will be highlighted. For example, if SignalPoints = 10, the Stop Loss field will change its color when the price is at a 10-point distance from the Stop Loss of the position;
- ShowCancelled - set true if you want to see the cancelled orders in your trade history;
- ShowExpired - set true if you want to see expired pending orders in your trade history;
- MainColor - color of headlines of the Terminal and Account History, as well as the Terminal's trade account information bar (Balance, Equity, ...).
- BuyColor - color of information about Buy positions;
- BuyOPColor - color of the Open Price field of the Terminal tab; this color will replace the main color when the current price approaches to the open level of orders Buy Stop and Buy Limit;
- BuySLColor - for the Terminal tab: color, which will replace the main color when the price approaches the Stop Loss levels of Buy positions; for the Account History tab: color, which will replace the main color if the Buy position has been closed by StopLoss;
- BuyTPColor - the same as BuySLColor applied to the Take Profit of positions;
- SellOPColor, SellSLColor and SellTPColor - the same for Sell positions.

http://articles.mql4.com/303

Interest - job search site helps.

Trading Tactics on Forex

2007-02-01T06:25:00.000-08:00

Trading Tactics on Forex

Trading Tactics

After having analyzed the market, a trader needs to know whether he or she will speculate for a rise or for a fall. Besides, the trader has to decide what part of his or her capital to invest into a trade. And, finally, the last step is buying or selling of a contract. This is the most difficult stage of trading at margin markets where the precision of entering and leaving the market is very important. The final decision about how and when to enter the market must be based on the combination of technical factors, equity management and order type.

The precising the market entering/quitting time based on technical analyses is specific for very short-term nature of such analyses. It is determined by days, hours, and even minutes, but not by weeks or months. In all cases, the same technical tools are used. The most common principles of these analyses are given below.

Tactics at Price Breaks.

There are three variations of the trader's action at price breaks:
- to take a position in advance, forecasting the break;
- to open a position when the break is in progress;
- to wait for the inevitable rollback after break.
There are pros and contras about each of the above approaches, sometimes a combined approach is used. When working with several lots, a trader can open one position at each of the three stages. One can open a small position before the forecasted break, then buy some more immediately after the break, and finally open additional positions at an insignificant price fall during correction that follows the break. If one trades with small positions, two questions will have impact on one's decisions first of all:
- what amount of money can one risk on this trade?
- how agressive will one act?
The most conservative trader will in this situation open a long position at the rollback. However, paradoxical as it is the wait-and-see tactics can also be risky meaning one can miss the opportunity to enter the market while waiting for a rollback.
Trendline Cross

This alert allows to enter the market or to leave it early enough, especially if a significant, many times "approved" trendline has been crossed. Of course, other technical factors should not be left out.
If a trendline is used as a support/resistance level, long positions will be opened when prices fall to the level of a stable up-trend line, short positions will be opened when prices rise to the down-trend level.
Support/Resistance Levels

A break of the support level can be a signal to open a long position, which can later be protected using a stop order. The latter can be placed below the nearest support level or, to be more protective, just below the break level, which now will perform a supporting function.
Prices rising to the resistance level at a down-trend and falling to the support level at an up-trend can be used to open new positions and to add lots to profitable positions already opened. When choosing protective stop levels, it is important to take support/resistance levels into consideration.
Price Correction

For an up-trend, the intermediate price falls that make percentages of the previous growth by Fibonacci can be used to open new or additional long positions. It must be noted that, in this case, analysis of percentages of correction length relates to very short market movements.
A proper moment to open a long position would be a 38-% price rollback that takes place after a Bull break at an up-trend. It would be rather reasonable to open short positions when, at a down-trend, prices jump up covering 38 to 62% of the preceding fall length.
Gaps

Price gaps that are formed on bar charts can also be sued to choose a proper moment to open or close positions. For example, gaps formed during price growth often become support levels. That is why, at an up-trend, it is reasonable to open long positions when prices fall to the upper border of the gap or a bit below it. A stop order can be placed below the gap. At a down-trend, an open position should be opened when prices reach the lower border of the gap or a bit above it. The protective stop order is placed above the gap, in this case.
Averaging

Averaging is a trading strategy used when one has made a mistake or just made a trade (the first coming to one's mind) and the price has moved against, and one makes a new operation of the same type but at a more profitable price. The most important disadvantage of averaging is that one cannot know to what price the market will go against the trader. The averaging demands to invest a double amount of money compared to that invested before. If one has much money on the account, he or she can stand the price movement of 100, 200 and even more pips. Such movements are not very frequent on the market, though. This strategy is not the best one, especially if you have made a mistake by trend direction sensing.

Practicable Strategies

The first strategy consists in the long keeping positions opened for the period from several days to several months. This strategy is used by strategic investors and semiprofessional traders. It is most effective on arising trends and it is least effective on sideways and slow trends. This strategy needs additional protection and the corresponding work on the terminal options market. When working with long positions, it is also important to make both technical and fundamental analyses. The share of long positions in the trader's practical work should not exceed 15% of the equity. Analyses made for opening long positions will help you in a shorter game, too. Namely, they will help to define long-term support/resistance levels:

a strong long trend will warn you when you work against it on short positions;
you will gain self-reliance when playing with a short position in the long trend direction.

Another strategy consists in working on middle-termed trends, up to a few days long. It is also desirable to secure with options, which are most attractive for amateur traders. The middle-sized positions are more stable for gaining profits, though such a play needs more complicated analyses. The trading quality also depends on the ability to play a short-term game (to choose the right time for opening/closing a position). To open a middle-sized position, on has to both make a technical analysis and be attentive about news: Are any fundamental news income before the position is closed? Are any regional markets closed at that time? Psychological factors will pale into insignificance. For all its external stability, the market must be closely watched as it can spring all possible surprises at the very wrong time. If you play a middle-term game based on fundamental factors, you should also make sure that the technical analysis does not contradict your positions.

The third strategy consists in opening a position for a short time, from a few minutes to a few hours. This strategy is used by professionals. Pros: there is no risk of unfavorable fundamental news and price changes during the time when you are away. Contras: large expenditures (commissions, spread, internet providing, etc.), high probability of unfavorable price movements, the necessity of steady monitoring, concentration and exertion during the working day. The main help can be provided by occilators (you should follow the rules of open time choosing). You should not rejoice at small profits obtained using this strategy. You are in danger to lose all profits gained for a long time and on many trades.

Recommended Practices of Forex Trading Tactics

A trading technique consists of five stages:

trend detection;
detection of the rollback start point;
detection of the rollback end point;
getting confirmation from another indicator or system;
entering the market with placing stop order and TP.

http://articles.mql4.com/236

Trading Strategies

2007-02-01T06:24:00.000-08:00

All categories classifying trading strategies are fully arbitrary. The classification below is to emphasize the basic differences between possible approaches to trading.

Following the trend

The following-the-trend strategy lies in waiting for a certain price movement followed by opening a position in the same direction. Doing so, one supposes that the trend will keep moving in the same direction. When following the trend, one never sells near maximum or buy near minimum since a significant price movement is needed to signal that the trend has started. So, using systems of this type, the trader will always skip the first phase of the price movement and can miss significant part of profit before the signal to close position comes. The main issue concerns choice of sensitivity of the trend-following strategy. A sensitive system that quickly responds to signs of trend change work more efficiently during strong trends, but generate much more false signals. A non-sensitive system will have a reverse set of characteristics.
Many traders try again and again to earn money on every movement of the market. This results in choosing of faster and faster systems following the trend. Although on some markets quick systems are usually more efficient than slow ones, on the most markets it is quite opposite since minimizing of losing trades and commissions in slower systems more than pays the reduced profits at good trades. This is why it is recommended to limit the natural effort to search for more sensitive systems. In all cases, the choice between quick and slow systems should be based on experiences and individual intentions of the trader. There is a great variety of trend-following strategies available.
Below are the main strategies of the kind:
- Strategies based on moving average
  
  When an up-trend is replaced with the down-trend, prices must intersect the moving average top-down. Similarly, when the down-trend is replaced with the up-trend, prices must intersect the moving average bottom-up. In the most moving-average systems, these cross points are considered as trade signals.
- Break-through strategy
  
  The basic conception underlying the break-through strategy is rather simple: the market ability to reach a new maximum or minimum shows potential trend in the breakthrough direction.
Against-the-trend strategies

Against-the-trend strategies are based on waiting for a significant price movement followed by opening a position in the opposite direction, assuming that the market will start correction. Systems working against the trend are often attractive for many traders since they are aimed at buying at minimum and selling at maximum. Unfortunately, the solving complexity of this task is inversely proportional to attraction of such systems. The most important difference to be remembered is that the trend-following systems are self-correcting and against-the-trend systems implicate possibility of unlimited losses. Thus, it is necessary to include protecting stops in any against-the-trend system. Otherwise, the system may keep a long position during the entire large-scaled down-trend or a short position during the entire large-scaled up-trend.

The prime advantage of against-the-trend systems consists in that they give a great diversification opportunity when simultaneously used together with trend-following systems. Related to this, it must be noted that an against-the-trend system can be desirable if even it loses money moderately. The reason for this is that, if an against-the-trend system is oppositely correlated with a trend-following system, trading with both systems bears fewer risks than trading with only one of them. Thus, it is highly possible that combination of these two systems can earn more at the same risk level if even the against-the-trend system itself loses money.
Model recognition of price behavior

All systems can, in some sense, be classified as systems of model recognition. Finally, conditions that give a signal to open position in or against the trend direction are a kind of price models, too. Neverthless, this means that the chosen models are not primarily based on price movements in certain directions as it is in case of trend-following or against-the-trend systems.
Systems of this type can sometimes use probable models when making trade decisions. In this case, researchers will try to identify models that, according to their behavior, were supposed to precede price increases or decreases. Such behavior models are considered to be used for assessment of the current probabilities of the market growth or fall.
It must be noted that the above strategies are not always clearly separated from each other. Being modified, the systems can be classified as of another type.
Trading in channel

Trading in channel represents trading up and down from resistance/support levels, lines of which are the channel borders. Such tactics are good for sideways trends (flats), but are not practically applicable in up-trends or down-trends. Trading in channel is shown in a chart below:

Positions should be opened under the following rules:
- Determine support/resistance levels. A correct computation will help to have clear borders of the channel, in which the market moves.
- As soon as the price reaches a border of the channel and jumps back in the opposite direction, a buy position should be opened. Short positions should be opened if prices reach the resistance level.
- As soon as the price reaches the opposite border, the position should be closed. It must be noted that reversal can happen before the price line reaches the channel borders, so positions can be closed before the price reaches levels of support or resistance.
The advantage of such tactics is possible maximization of profit through opening and closing of positions several times if the sideways trend continues. The main disadvantage thereof is that the break thourgh the channel lines can result in significant and undjustified losses. To avoid the latter ones, it is necessary to set Stop Loss correctly that losing positions are closed if the market moves in an opposite direction compared to the planned one.

http://articles.mql4.com/207

Technical Analysis with MQL4 and MetaTrader4

2007-02-01T06:21:00.000-08:00

Introduction

Technical analysis is research of market dynamics that is done mainly with the help of charts and with the purpose of forecasting future price development. Technical analysis comprises several approaches to the study of price movement which are interconnected in the framework of one harmonious theory. This type of analysis studies the price movement on the market by means of analyzing three market factors: price, volumes, and, in case of study of futures contracts’ market, of an open interest (number of open positions). Of these three factors the primary one for technical analysis is the prices, while the alterations in other factors are studies mainly in order to confirm the correctness of the identified price trend. This technical theory, just like any theory, has its core postulates.

Technical analysts base their research on the following three axioms:

Market movement considers everything
This is the most important postulate of technical analysis. It is crucial to understand it in order to grasp rightly the procedures of analysis. The gist of it is that any factor that influences the price of securities, whether economic, political, or psychological, has already been taken into account and reflected in the price chart. In other words, every price change is accompanied by a change in external factors. The main inference of this premise is the necessity to follow closely the price movements and analyze them. By means of analyzing price charts and multiple other indicators, a technical analyst comes to the point that the market itself shows to her/him the trend it will most likely follow.
This premise is in conflict with fundamental analysis where the attention is primarily paid to the study of factors, and later on, after the analysis of the factors, to conclusions as to the market trends are made. Thus, if the demand is higher than the supply, a fundamental analyst will come to the conclusion that the price will grow. Technical analyst, however, makes her/his conclusions in the opposite sequence: since the price has grown, it means the demand is higher than the supply.
The history repeats itself
Technical analysis and studies of market dynamics are closely related to the studies of human psychology. Thus, the graphical price models identified and classified within the last hundred years depict core characteristics of the psychological state of the market. First of all, they show the moods currently prevailing in the market, whether bullish or bearish. Since these models worked in the past, we have reasons to suppose that they will work in the future, for they are based on human psychology which remains almost unchaged over years. We can reword the last postulate — the story repeats itself — in a slightly different way: the key to understanding the future lies in the studies of the past.

The prices move with the trend
This assumption is the basis for all methods of technical analysis, as a market that moves in accordance with trends can be analyzed, unlike a chaotic market. The postulate that the price movement is a result of a trend has two effects. The first one implies that the current trend will most likely continue and will not reverse itself, thus, excluding disorderly chaotic movement of the market. The second one implies that the current trend will go on until the opposite trend sets in.

http://ta.mql4.com/