Alan’s Forex Blog

To get the most out of your expert advisor, you’ll need to optimize and backtest your strategy using MetaTrader’s Strategy Tester. While forward testing on a demo account is essential, backtesting allows you to simulate trading over a long period of time in just minutes. And with the optimization feature, you can find out which […]

Checkout this very informative article by Lilly De Clerck from aboutcurrency.com
In this lesson, I will talk about the different ways how you can trade forex during key economic
news events.
Most common used news strategies:

Trading the Numbers
Straddle the News
Hedging the News

Trading the Numbers
Traders want to take advantage of the discrepancy between the forecasted and the
actual key […]

Let’s face it, the majority if not all forex brokers that support the MetaTrader 4 platform are pure bucketshops. I have yet to find ONE MT4 broker which offers a true non-dealing desk trading environment. A lot of them claim this, but it is all pure bullshit, if you’ll pardon my french. If they have […]

In a previous post I talked about how to achieve 90% modeling quality in your backtests by using Alpari’s databank files. Well I have good news! You no longer have to go such great length to get 90% modeling quality.
The makers of the MetaTrader 4  platform, MetaQuotes Software Corp, have decided to provide a data […]

Short Term Trading Techniques for the FX Market
Given my background as a scalper in the equities market for eight years I am often asked if those same techniques are applicable to the FX market. First, it is important to define how one defines scalping. First, recalling my days as a floor/screen based trader of equities […]

Here is a very good article written by Felix Homogratus about how to evaluate forex brokers before you open up an account with them.
Step #1: Does forex broker provide natural trading environment?
First step is to determine whether the forex broker provides natural trading environment or artificial trading environment.
Let me explain…
Bids & Offers Example. Let’s […]

Here is how to get MetaTrader4 (MT4) Forex trading platforms to work under Mac OS X.
Requirement: You must be using a Mac with the Intel Duo Core Processor.
1. Download CrossOver
Download a 30-day trial version of CrossOver from CodeWeavers at
http://www.codeweavers.com/products/download_trial_macosx/
(the for-sale version only costs $60).

2. Install CrossOver and quartz-wm
At the end of the installation it will […]

Update: See this post for a newer (and I would argue better) method.
How to Achieve 90% Modeling Quality When Testing Expert Advisors on MetaTrader 4 Strategy Tester
Rule #1: You MUST use a separate installation of MT4 for testing Expert Advisors. This is not an option. This special installation of MetaTrader 4 is the one that […]