SigmaForex Meta Trader 4

Strange And unbelievable!

Meta Trader 4 has the option that you can enter more than type of account for different brokers through the same platform. For Example If You installed SigmaForex Platform, you will find in your drive C:/ the following Pass: [C:\Program Files\MetaTrader – SigmaForex]
If you installed another Meta Trader 4 for another broker a conflict can be occurred because 2 Meta Trader 4 but for different Brokers. Let's Continue our example with another broker like FXCM or Interbankfx or Swiss Global Broker.
All of them are using Meta Trader 4 as trading station. Let's Install FXCM Software. You will find this pass in your Drive C:/ [C:\Program Files\FXCM Trader 4] N.B: Some Versions of windows copy the same folders while installing the same version of the software That You may find FXCM installed inside SigmaForex & this one from the disadvantage in Meta Trader 4 & Meta Quote published this issue in their FAQs to be available for Traders to solve the issue. The Solution is to open the platform that you are using e.g.: SigmaForex. Then Open A folder called Config. [C:\Program Files\MetaTrader - SigmaForex\config] You have to erase All SRV files for other brokers & just leave SigmaForex-Demo.svr and SigmaForex-live.svr And here's the post of the Meta quote from their website: "Client terminal allows you to connect to any MetaTrader 4 Server. If you connected to another company's server from your client terminal, the parameters of that connection were stored in a special configuration SRV file in the "\MetaTrader 4\config\" folder of the client terminal.To remove foreign servers from the server list of your client terminal, just go to the "\MetaTrader 4\config\" folder of the client terminal and delete the unnecessary SRV files."

Momentum

Momentum

It measures the amount of change in commodity’s price during a period of time.Momentum indicators presume that the current tendency will continue. So, if the indicator reaches the extremely high values and then turns downwards, the coming price increasing should be expected. But, in any case, one should not open/close position before the prices confirm the signal of the indicator.Momentum line goes long when:Momentum crosses to below the oversold level and then rises back above it; or on bullish divergences - where the first trough is below the oversold level.Momentum line goes short when:Momentum crosses to above the overbought level and then falls back below it; or on a bearish divergence with the first peak above the overbought level.

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Moving Average Convergence Divergence (MACD)

Moving Average Convergence Divergence (MACD)

This indicator was generated by Gerald Appel as the difference between two exponentially smoothed averages (EMA).It’s one of the simplest and most reliable indicators available.Although there are three moving averages mentioned you will only see two lines one fast and one slow, if the faster signal line crosses above the slower line then a buy signal is generated and vice versa.There are three techniques commonly used to interpret the MACD:1) Crossovers, When the MACD falls below the Signal line, it is a bearish signal indicating that it may be time to sell. 2) Conversely, when the MACD rises above the Signal line, the indicator gives a bullish signal, suggesting that the price of the security is likely to experience upward momentum.3) Divergence, when the security price moves counter to the MACD it signals the end of the current trend.4) Zero Line Crossover, A crossing of the MACD line up through zero (the centerline) is interpreted as bullish, or down through zero as bearish. Some analysts choose to buy or sell when the MACD goes above or below zero.
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Ichimoku Kinko Hyo

Ichimoku Kinko Hyo

The Ichimoku Kinko Hyo Japanese charting technique was developed before World War II with the aim of portraying in a snapshot where the price was heading and when was the right time to enter or exit the market.Ichimoku Kinko Hyo is a phrase in Japanese language which means “Chart Equilibrium at a glance”. It includes five curves:1) Tenkan-Sen (Brown): Shows the average price value during the first time interval defined as the sum of maximum and minimum within this time, divided by two.2) Kijun-Sen (Blue): Shows the average price value during the second time interval.3) Chinkou Span (Yellow): Displays the closing price of the current candle, shifted back on value of the second time frame.4) Up Kumo (Green): Displays the midpoint between the previous two lines, shifted forward on value of the second time frame.5) Down Kumo (Red): Displays the average value of the price for the third time frame, shifted forward on value of the second time frame.The two Senkou Span (leading) lines are pushed forward in time to represent past support and resistance & the area between them is shaded to make it like a cloud. This “cloud” not only defines the trend but acts as support and resistance for price. A very basic precept is: if price is above the cloud then the trend is higher and vice versa. - Buy signal issued when the Tenkan-Sen (brown) crosses the Kijun-Sen (blue) from below. Conversely.- A bearish signal is issued when the Tenkan-Sen crosses the Kijun-Sen from above.If there was a bullish crossover signal and the price, at that time, was trading above the cloud, this would be considered a very strong buy signal.If there was a bearish crossover signal and the price, at that time, was trading below the cloud, this would be considered a very strong sell signal.

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Force Index

Force Index

It was developed by Alexander Elder to measure the bull’s power at each increase & at each decrease.It connects the basic elements of market information; price trend, its drops, and volumes of transactions. You can buy when the forces become minus (fall below zero) in the period of indicator increasing tendency.You can sell when the index becomes positive during the decreasing tendency.The force index signalizes the Bears Power and continuation of the decreasing tendency when the index falls to the new trough also it signalizes the continuation of the increasing tendency when it increases to the new peak.

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