May 26


Expert advisor’s are used to automate the trading process and relieve traders from constantly performing the day to day trading activities. Many experienced traders apply multiple automated trading strategies and make them operate in different market situations and with a variety of conditions.   

ForexGen traders will have the opportunity to write and test their trading strategies in the well-known, easy to use, popular and used strong analytical development package, which is MetaQuotes Language 4 (MQL 4) developed by http://www.metaquotes.net/.

With ForexGen client expert advisor tool there will always be a way, by which experienced traders can link the signals generated by the trading systems with their trading accounts, and link them in such a way to be able to track and manage their opened positions, placed orders and stops at any given moment.

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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

Trading Profit/Loss

 

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

 

ForexGen provide 24/7 customer support that are waiting for any Inquiries to meet all customer needs.

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

ForexGen strives to give incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders.

ForexGen is the easiest and fastest gateway for the traders to perform successful trading, which provides a unique institutional investor professional facilities and highly qualified individualized services for the international customer. ForexGen provides advanced online trading software with full trading services.

ForexGen delivers what traders want: instant order execution, lowest spreads, flexible starting capital, fast online and free deposits and withdrawal, and most of all, solid funds security.

Winning in trading depends on using the right strategy and controlling all the moves. Trading strategies are discussed in details at ForexGen Academy.

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

Account Size
The minimum amount required for opening a ForexGen Live trading account is $2,500 for standard Account and $250 for Mini Account but the recommended minimum investment size is $10,000 for standard Account and $1,000 for Mini Account. That is because of the high leverage and the extremely volatile nature of the Forex market.

Trade Size
All trades are executed in standard sizes of 100,000 base currency for standard Account and 10,000 base currency for Mini Account per one lot on the ForexGen trading platform. There is no maximum trading volume on the ForexGen trading platform.

Pip/Tick Value
Trading on the ForexGen Platform facilitates calculating the profit and loss. In the EUR/USD and almost the other 17 currency pairs, a movement of one pip/tick value in the exchange rate equals ten dollar profit or loss for standard Account and one dollar profit or loss for Mini Account in the account value per lot.

Margin Requirement
Guaranteed Limited Risk: The account equity, the total floating value of the account, is an important safety feature in the ForexGen system that prevents traders from losing more money than they have in the account. Should the account equity fall below the margin requirement of approximately 5%, the system will close all opened positions.

 

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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

 

Besides increasing the strength of your losses, leverage also has another way of killing you.  It’s a much slower kind of death, though, kind of like being continually occurring open to view to high levels of radiation. Most traders don’t see it coming till they are dead.

This killer I’m talking about is the combined transfer cost of using high leverage

Not only has the leverage increased the strength of your losses, it also increasing the strength of your transaction costs as a percentage of your account.
If you are losing in trades, your balance will shrink and as your balance shrinks, your leverage increases. As your leverage increases, your transaction costs will eats away faster at the little money you have left. It’s a silence slow death we are talking about here.

The more your leverage, the more your transaction cost as a percentage of your balance.

If you have a mini account, and open a trade with a 5 pip spread, which equals $5 transaction cost, look at how the relative value of your transaction costs increases with more leverage.

Cost as % MR Leverage Margin Required (MR)

Cost as % MR

Leverage

Margin Required (MR)

.05%

1:1

$10,000

.10%

3:1

$3,300

.25%

5:1

$2,000

.5%

10:1

$1,000

1%

20:1

$500

1.5%

33:1

$330

2.5%

50:1

$200

5%

100:1

$100

10%

200:1

$50

Now that you’ve learned how leverage can enlarge your profits and losses, and also your transaction costs.
Leverage doesn’t equal margin. How many times you can lever your account is the Leverage. How maximum you are allowed to lever is totally depending on your margin requirement

 

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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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www. Forexgen.com

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