May 26

 

It is a mechanical trading system (MTS) written in specialized language which is MetaQuotes Language 4 (MQL 4) and linked to a trading chart. An Expert Advisor has the capability to notify traders of the trading, chances and also to automatically execute positions in their trading account, sending them directly to the trading server. Like all experts systems, Expert Advisors supports the testing of strategies with historical data, with the trade entry/exit points being represented on the charts. Furthermore, the executable code of the Expert Advisor is stored separately from its source text

Starring in writing your custom Expert Advisor has never been easier. To be able do so, traders only need to learn how to use a very simple language - the MQL 4.

There is a great variety of trading strategies developed by a lot of traders using MQL4 language and ForexGen traders can depend on it as a good start to get familiar with MQL4 language and allow traders to incorporate the previously accumulated experience.

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May 26

You want to create a cool custom indicator, but you do not have enough experience or resources to do it?

ForexGen offers you the chance of a life time by dedicating a team of experienced developers specialized in Forex market to give you assistance and support in your ideas

CIF (Correlated Indicators Factor)

-The CIF is an indicator based on the extensive efforts of our house experts using their experience in their concentrated search where they found that one indicator is not enough.

-The experts’ conclusion was that the CIF- mother of all indicators- is the only and the perfect solution that facilitates the manual trading which provides indications with the least risk. It is the trader’s perfect support for every faced obstruction.

-Our house experts categorize and make combinations of the trend, oscillators, bill Williams, volumes and other custom indicators, the CIF signal values is generated according to the indicators’ combinations depending on certain calculations, volumes and correlations between more than one indicator and according to a specified function that weights the indicators’ signal. The CIF values are represented graphically via four lines (short .middle, long, current).

                                                  

The following screen determines either to show or hide the graphical chart lines of the current, short, middle, long CIF:

 

   

Pink: Current CIF represents graphically the CIF values of the current time frame

 Orange: Short CIF represents graphically the short periods

 Light Green: Middle CIF represents graphically the middle periods

 Light Sky Blue: Long CIF represents graphically the long periods.

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May 26

• Trading platforms does not enable traders to open more than one pair at a time.

• ATS™, offers traders the ability to open any number of positions at the same time, traders can choose whether to open a set of pairs together at the same time for hedging purpose or to open pair by pair when the used strategies confirms the entry, also the system provides the following features:

Ability to open a group of pairs according to hedging theory and correlations factors between different pairs.

Ability to open positions according to group of customized strategies.

Ability to open the positions according to the predetermine directions with confirmation from the selected strategies.

Ability to determine using swing feature after closing the opened positions, trader can determine if the next positions of the same pair will be opened in the same direction of the first position or the directions will be reversed “swing between them”.

Trading platforms does not enable traders to close more than one pair at the same time.

• ATS™, offers traders the ability to close the opened positions together at the same time when they reache the predetermined profit/loss value, or close the positions one by one according to the determined stop loss, take profit, and trailing options , also the system provides the following features:

 

Ability to set stop loss in pips with any value to close the opened positions, no minimum or maximum amount is determined.

Ability to set stop loss in value to close the opened positions.

Ability to use dynamic stop loss feature, by using this feature the system will keep tracking of the opened pair’s status in terms of their current volatility and their history by using Fibonacci and pivots theories.

Ability to set take profit in pips with any value to close the opened positions, no minimum or maximum amount is determined.

Ability to set takes profit in value to close the opened positions.

Ability to use the trailing stop feature to protect the achieved profit at certain level, currently the system supports the following kind of trailing:

The dynamic trailing feature, which calculates the trailing value dynamically for each used pair based on the current volatility, this feature will be an important aid in order not to close any opened position early and waste potential profit.

Trailing on total feature, which apply the trailing feature on a set of pairs together and close them as group.

Fixed trailing feature, similar for what is currently provided in trading platforms with additional advantage which is having no minimum value for the trailing.

Trading platforms enables traders to select number of lots to be opened for each pair
statically according to the selected lot size by traders before opening the positions.

• ATS™ offers traders the ability to have dynamic lots calculations, this feature is used to calculate the required lot to be opened for each pair without putting the account margin in risk, and this feature will be useful in gaining maximum reasonable profit based on the type of the account, deposited balance, and free margin of the account at any time.

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May 26

Multi Pair Chart Indicator

The multi pair chart indicator allows putting multiple currency pairs on a host currency chart and draw the difference between the these currencies (the added pairs and the host pair)

The multi pair chart is an indicator which represents more than one pair symbol, it creates further correlations between the pairs through hedging. It simulates the expected relations between more than one symbol to be more useful and to facilitate the trading process.



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May 26

 The differential indicator is an indicator used to identify the profit/loss that would have been realized if any trader submitted multiple positions at the same time.

 

The indicator shows the rise and fall of the profit of positions opened at the red vertical line through a red graph line in a certain interval of time starting from the time of opening the positions and reaching to the current time, where each point is the total profit of opened positions at this time.

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May 26

Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.

Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.

ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.

Low capital start, with $250 as a minimum account size.

Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

We consider every client as a special case, a VIP and a partner. A client’s profit is our success and a client’s loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let’s prove to you that you have taken the right step by choosing our partnership.

 

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May 26

 Client Services                                                                     

Customer Support

We provide a full time assistance service to support our customer in dealing easily with ForexGen trader software. Even if you face any problem during downloading or setting up the software, we will help you overcoming it.
We provide the trader with full scale demonstrations and troubleshooting for technical problems

Calling the dealing room is restricted to placing orders; no support or help desk issues are permitted to be placed through the dealing room numbers. These numbers are extremely busy and only attended by dealers who will not handle any other kind of issues.

Request call back.
Please specify your details and comments or inquiry then we will contact you

We are committed to your privacy.

Live On-line Support
we are available during trading hours on the Internet via Live Person Chat. Click here to initiate a conversation

 

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May 26


The literary work relevant to the study of “leverage” defines it as having the competence in directing influence over a large amount of money using nothing or very small amount of your money and to borrow with the intention of returning the rest.

As an example, in the forex investments, you can control $1000 with a $100 deposit. Your leverage, which conveys a true impression in ratios, is now: 100. You’re now controlling $1000 with $100.

Let’s say the $1000 investment goes up in value to $1001 or $100. If you had to make an approach with the entire $1000 capital on your own, your bring in would be 1% ($100 gain / $1000 placed at the beginning of investment). It is also called 1:1 leverage. As might be expected, I think 1:1 leverage is a inappropriate designation because if you have to competence in directing influence over with the entire amount you’re trying to have power over, where is the leverage then in that?

It is fortunate that, you’re not leveraged 1:1; you’re leveraged 1:100. You only had to produce $100 of your money, so your bring in is a marvelous 100% ($100 gain / $100 initial investment).
At the moment I want you to do a quick exercise. Calculate what your bring in would be if you lost $100.
If you calculate it as I have done, which is also called the right way, you would end up with a -1% return using 1:1 leverage and an OMG! -100% return using 1:100 leverage.

You’ve in so far as seems reasonably true heard the good hackneyed theme like “Leverage is a double-edged weapon.” or “Leverage is a two-way road.” Well….as you can see, these themes weren’t lying.

 

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May 26

Most beginners place too low value on the potentially disorder damage leverage can cause the infliction on their accounts. It is curtail to Understand leverage enough to know when to use it and when NOT for you success.


A very powerful tool Leverage is but both old and new traders use it to ruin their trading capital simply because they take its destructive force with indifference or carelessness or ignore it altogether. But the more of them the easier for us smart traders to make money. Sad but true.

High leverage is a great selling point for most of the forex brokers. Yes they are pitching that you can make a huge killing using huge leverage, but be sure  you could easily be killed by huge leverage as well.


Brokers want you to trade with a short-term mental attitude.  It’s the only way they make money. Some few pips are important to them. The more you trade the more they make from spreads. It’s not in their best interest to tell you to let your trades run longer than the same day.

If you want to give yourself the chance to succeed, first of all learn how to trade profitably without leverage. Trade it safe and protect your capital.


When you can make more pips more than you lose steady continuity, then, and only then, you should let loose this weapon of destruction called leverage. Destroy broker (or traders) taking the opposite side of your trade. Don’t destroy yourself.


Forex investments should be treated as a business. Don’t think that its just because brokers let you use high leverage with a low minimum deposit that you can “make a quick <type the amount of money here>” or “get rich quickly”. Get close to the currency markets with respect.

Be concern for facts in your expectations and be willing to educate yourself very good. If you didn’t, you will die. Not really, but your account will.

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May 26

ForexGen also offers a “No Dealing Desk” execution option which does not provide fixed spreads or guarantee regarding slippage. Clients are able to select this option at ForexGen’s discretion.

Liquidation
Any depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.

Fees
ForexGen customers enjoy trading without commissions, transaction fees, overnight performance fees or execution.

Overnight positions (swap)
ForexGen offers swap-free accounts.
Swaps will not be applied to ForexGen accounts.

Deposit currency
Clients can select to fund their live accounts with USD or EURO.

Reporting
Complete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.

Opening a live Account Online
Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just minutes. Representatives are available 24 hours a day, 7 days a week.

 

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