Core Insights - The article provides a summary of key forex trading terms and their applications, focusing on various technical indicators used in trading strategies. Group 1: Average Directional Movement (ADX) - ADX measures the strength of a trend, not its direction, with high values indicating a strong trend and low values indicating a range-bound market [1] - Core data includes previous high, current high, previous low, current low, and previous closing price [1] - Suitable for trend-following strategies and filtering out range-bound periods [1] Group 2: Bollinger Bands - Bollinger Bands display price volatility and help determine overbought or oversold conditions [2] - Core data consists of the average closing price and price standard deviation [2] - Applicable in range-bound trading and volatility breakout strategies [2] Group 3: Envelopes - Envelopes create price bands to identify overbought or oversold areas [5] - Core data includes moving average and percentage offset values [5] - Useful for mean-reversion trading and range reversal strategies [5] Group 4: Ichimoku Kinko Hyo - This indicator assesses trends, support and resistance levels, and momentum simultaneously [6] - Core data involves the highest and lowest prices over the past 9, 26, and 52 periods, along with the current closing price [6] - Suitable for trend-following and medium to long-term position assessments [6] Group 5: Moving Average - Moving Average smooths price fluctuations to identify trend direction [9] - Core data includes the average of closing prices over a specified period [9] - Applicable for trend assessment, support and resistance levels, and moving average crossover strategies [9] Group 6: Parabolic SAR - Parabolic SAR provides trend reversal signals and moving stop-loss positions [9] - Core data includes price extremes (highs/lows) and acceleration factor [9] - Useful for trend-following and setting dynamic stop-loss orders [9] Group 7: Standard Deviation - Standard Deviation measures price volatility and identifies high or low volatility periods [10] - Core data consists of the deviation of closing prices from their average [10] - Applicable for volatility filtering, Bollinger Band calculations, and dynamic capital management adjustments [10] Group 8: Average True Range (ATR) - ATR measures market volatility by calculating the average of the maximum values among the highest-lowest, highest-previous close, and lowest-previous close [10] - Useful for setting stop-loss levels and determining market phases [11] Group 9: Bears/Bulls Power - This indicator measures the strength of bearish or bullish forces [15] - Core data includes the difference between the lowest/high price and the moving average value [15] - Suitable for trend reversal signals and assessing bearish/bullish momentum [15] Group 10: Commodity Channel Index (CCI) - CCI measures the degree of price deviation from its average to identify overbought or oversold conditions [15][18] - Core data involves the typical price (high + low + close) divided by three and its deviation from the average [15] - Applicable for range reversal strategies and breakout confirmations [15][18]

Group 1 - The article discusses various foreign exchange trading terms and their implications for traders [1][4] - "Allow DLL imports" enables the use of external programs for advanced Expert Advisors (EAs), but poses risks if the DLL is malicious [4][8] - "Allow WebRequest for listed URL" permits EAs to access trusted URLs for functions like account synchronization and news trading [4][8] Group 2 - "Modelling: Every Tick" is the most precise modeling option, simulating every price tick, suitable for highly sensitive EAs [7] - "Modelling: 1 Minute OHLC" uses four key prices per minute, balancing speed and precision, ideal for strategies that react to candlestick movements [7] - "Modelling: OPEN Prices Only" is the fastest but least precise, running EA logic only at the open of each candlestick [8] Group 3 - "Market Depth" shows the real levels of buy and sell orders, helping traders assess price impact and liquidity [11][13] - "GTC Mode: Good Till Cancelled" allows orders to remain active until manually canceled, commonly used in trading [11] - "Execution: Market" executes orders at current market prices, suitable for strategies requiring quick entry and exit [16] Group 4 - "Execution: Exchange" sends orders to the exchange for execution at specified limit prices, ensuring price precision but with the risk of non-execution [17]

Group 1 - The article discusses various Forex trading terms and settings for automated trading strategies, particularly focusing on the importance of managing swap fees and market conditions [1][2][4] - It highlights the significance of the "Triple Swap Day" on Wednesdays, where traders should avoid opening or holding positions to prevent excessive swap costs [2] - The article explains the "One Cancels the Other" (OCO) order feature, which allows traders to set two orders where one cancels the other upon execution, enhancing trading efficiency during market fluctuations [6] Group 2 - The article details the "Dead Stop System," a risk management feature that triggers automatic liquidation of positions when losses reach a critical threshold, acting as a last line of defense against account depletion [10] - It introduces the "Adaptive Force Mode," which adjusts trading parameters based on real-time market conditions, allowing for more flexible trading strategies [10] - The "Sentiment Shield Mode" is described as a mechanism that reduces trading frequency during extreme market sentiment, helping to avoid losses from herd behavior [15]

Core Points - The article provides a summary of common forex trading terms and their meanings, aimed at helping traders understand the terminology used in trading platforms [1]. Group 1: Connection Issues - "No Connection to Server" indicates that the trading terminal is unable to connect to the server, which may be due to network issues or expired login credentials [2][5]. - "Only Real Account Allowed" signifies that certain features or automated trading cannot be executed on demo accounts, as enforced by EA developers or platform providers [2]. Group 2: Order Limitations - "Order Count Limit Reached" means the total number of orders (including open and pending) has reached the platform's limit, preventing new orders from being placed [7][9]. - "Volume Limit Reached" indicates that the total trading volume has exceeded the server's acceptance threshold, often due to maximum position size restrictions [9]. Group 3: Order Types and Conflicts - "Invalid Order Type" occurs when an unsupported or mismatched order type is used, which can happen if incorrect constants are applied in the trading platform [11][13]. - "Closing Volume Exceeds Current Position Volume" suggests that the attempted closing volume exceeds the actual held position, leading to a rejection of the request [15][17]. - "Other Pending Orders or Executing Orders Conflict with Current Closing Order" highlights that the closing operation conflicts with other pending or executing orders, resulting in a refusal of the request [18]. Group 4: Pending Orders - "Activation Request for Pending Order Rejected, Order Canceled" indicates that a pending order was not executed due to issues like excessive spread or network delays at the time of activation [20][21]. - "Prohibited Opposite Positions for a Single Trading Symbol" states that holding both long and short positions for the same trading symbol is not allowed, as per the account or platform rules [20][21].

Core Points - The article provides a summary of common forex trading errors and their meanings, aimed at helping traders understand and navigate these issues effectively [1]. Group 1: Trading Errors - Invalid Stop Loss / Take Profit Level indicates that the stop loss (SL) or take profit (TP) set by the trader is outside the platform's allowed range, leading to order rejection by MT4 [4]. - Trading is Disabled means that trading is not permitted at the moment, regardless of the EA's programming, due to various reasons such as market closure or account status issues [4][6]. - Market is Closed signifies that the market is not open for trading, which can occur during weekends, holidays, or specific trading hours for certain instruments [8]. - Insufficient Funds indicates that the account does not have enough balance to meet the margin requirements for the order [8]. - Price Changed occurs when the price has changed before the order reaches the server, resulting in a rejection of the trade [8]. - Off-quotes means that there are no available quotes for the requested trade, which can happen due to market interruptions or platform issues [8]. - Invalid Expiration refers to an incorrect expiration time set for an order, which may be due to format errors or the expiration time being earlier than the current server time [11]. - Order Modified confirms that changes to an existing order, such as SL or TP adjustments, have been successfully applied [11]. - Too Many Requests indicates that the server has received too many order requests in a short period, leading to a temporary rejection of further requests [13]. - Invalid Execution means that the order cannot be executed due to format or status errors, or because the platform is not cooperating [13].

Group 1 - The article discusses various forex trading terms and their meanings, focusing on the functionalities of Expert Advisors (EAs) in trading [1][2][5] - Random operations refer to the switch that introduces randomness into trading strategies to prevent brokers from tracking strategy characteristics [1] - Speed Backtesting is a mode that prioritizes speed over accuracy in backtesting trading strategies, omitting minor details for quicker results [2] Group 2 - Requote indicates that the price has changed since the order was placed, requiring a new quote to execute the trade [7] - Order Rejected occurs when the trading platform denies the order due to reasons such as high spreads or insufficient margin [7] - Order Fully Executed means that the order has been completely filled without any remaining quantity [10] Group 3 - Order Partially Executed signifies that only a portion of the order has been filled, with the remainder still pending [11] - Request Timeout happens when the order command is sent but the server does not respond in time, often due to network issues [14] - Invalid Request indicates that the order format or content is incorrect, leading to rejection by the server [15] Group 4 - Invalid Trade Volume refers to errors in the order's lot size, which does not comply with platform requirements [18] - Invalid Price means that the specified order price is outside the acceptable range or has expired, resulting in rejection [20]

Group 1 - The article discusses various forex trading terms and strategies, focusing on automated trading techniques and risk management tools [1][2][4][5][10]. - Auto Split allows traders to break large orders into smaller ones to reduce slippage and avoid platform scrutiny [1]. - Hide Stoploss enables traders to keep their stop-loss levels hidden from the trading platform, preventing manipulation [2]. - Smart TakeProfit dynamically calculates optimal take-profit levels based on various factors, enhancing trading efficiency [4]. - Smart Distance adjusts the distance for adding positions based on market conditions, helping to manage risk effectively [5]. Group 2 - ECN Mode facilitates real market execution by modifying stop-loss and take-profit levels after placing orders, suitable for true ECN accounts [8][10]. - Tick Criterion is a hidden parameter that filters out false breakouts by requiring a certain number of price ticks before executing trades [10]. - Momentum Sell/Buy strategies are employed to capitalize on market movements, entering trades only when significant price action occurs [11][14]. - Prop Firm refers to companies that provide capital for trading, requiring traders to pass assessments under specific conditions [12]. - Strategy Aggressivity adjusts the aggressiveness of trading strategies, impacting trade frequency and risk management [17].

Group 1 - The article provides a summary of forex trading terms and concepts, focusing on automated trading strategies and their mechanisms [1][5]. - "First position" refers to the initial order in a trading strategy, which significantly impacts subsequent risk levels [1][4]. - "Emergency closing at breakeven" is a mechanism that triggers forced closure of all orders at a no-profit, no-loss point to prevent larger losses, activated when net value drops below 70% [2][4]. Group 2 - "Using a virtual take-profit" indicates that while no explicit take-profit is set, a psychological target is established in the background to avoid slippage by brokers [6][4]. - "OneChartSetup multi-currency mode" allows multiple currency pairs to share parameters on a single chart, reducing the load on trading platforms [7]. - "Automatic Money Management" adjusts the number of lots based on account balance, with aggressive settings opening trades at $1,000 and conservative settings at $5,000 [8]. Group 3 - "Swap Protector" identifies positions that may incur high overnight fees and can close or pause trades to avoid these costs [11]. - "Margin Protector" monitors remaining margin and can close positions or halt trading to prevent account liquidation during volatile market conditions [12]. - "Custom" settings allow traders to personalize their trading strategies, including custom trading times and profit-taking methods [17][18].

Group 1 - The article provides a summary of foreign exchange trading terminology for the week of May 19-23, focusing on key concepts that traders should understand [1][6]. - "Equity-based lot" is defined as a method of calculating lot size based on account equity rather than balance, allowing for a more conservative approach by considering floating losses [1][5]. - "Risk-based lot / Auto lot" is described as a method that automatically calculates the maximum allowable loss per trade based on set risk parameters, suitable for experienced traders [2][5]. Group 2 - "FX majors" refers to major currency pairs involving the US dollar and other highly liquid currencies, characterized by low spreads and high liquidity, making them popular for automated trading strategies [5][7]. - "FX minors" are defined as currency pairs that do not directly involve the US dollar, typically having higher spreads and lower liquidity, which can increase the risk of slippage and volatility [5][7]. - "Margin" is explained as the portion of funds that is frozen by the trading platform as a deposit for each order, with insufficient margin leading to automatic liquidation of positions [10]. - "Leverage" is described as a tool that allows traders to control larger positions with a smaller amount of capital, with a leverage ratio of 1:100 enabling a trader to control 100 times their investment [10]. - "Breakout" refers to a significant price movement after a period of consolidation, often targeted by trading strategies [13]. - "Consolidation" is characterized by price movements within a narrow range, where certain trading strategies may be favored [13]. - "Slippage" is defined as the difference between the expected price of a trade and the actual price at which the trade is executed, often occurring during volatile market conditions [14][15]. - "Drawdown" is explained as the maximum decline in account value from a peak to a trough, with a specific example illustrating a 50% drawdown [16].

Group 1 - The article provides a summary of key forex trading terms, aimed at enhancing understanding of trading strategies and tools [1][11]. - Terms such as "Manual," "Multiplier," and "Pip steps" are explained, highlighting their roles in trading strategies like Martingale and grid trading [2][6]. - The concept of "Recovery mode" is introduced, which allows automated trading systems (EAs) to adopt more aggressive strategies to recover losses [7]. Group 2 - "Maximum spread" is defined as a limit to prevent trading during high volatility periods, ensuring that trades are not executed with excessive spreads [12]. - "Trade comments" are described as annotations attached to trades, which help identify the EA that executed the order and can include personal contact information from traders [13].