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Trendline EA for Visual Chart Trading          on Metatrader 4
• One of a key element in forex trading is the  visual chart and learning to identify trading  chart patterns can help to ...
• Most trading charts are now presented in the  form of candlesticks. The candlestick is the  graphic representation of th...
When you use trading software with visual chartingcapabilities, there are many patterns that you mustlearn to identify. Mo...
Why is visual charting an important       skill in forex trading?
• * Visual chart patterns allows technical trader  to focus only on price action without using  other complicated indicato...
• * Fundamentals appear quickly in price  movements, therefore by observing the charts  a trader is able to monitor not on...
• * Trends are visible and repetitive. With a little  bit of skill and experience, trend can easily be  identified on a vi...
Visual Chart Trader is Your Edge to          Forex Trading
• A visual chart trader ensures that the trader  can better trade technical chart patterns in  three ways. It provide an o...
chart patterns less subjective in nature  as the trader using the visual chart trader has to programme its tradingrules by...
• Most importantly, the trendline ea (visual  chart trader) make full use of the traders’  technical analysis plan and ini...
• Forex charts are the primary tool for technical  analysis. With trendline ea ,you can both  analyze the price patterns a...
More information can be found at this url :
http://www.prweb.com/releases/2013       /3/prweb10509051.htm
About the Author• Warren Seah is the author of the book titled  ‘How to be a Currency Trader’ found on the  Amazon Kindle ...
• For more information on working with visual  chart trading tool on MT4, head to this url  now:• http://www.ForexGeometry...
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Trendline ea for visual chart trading on metatrader

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Trendline ea is a software that works within the forex Metatrader 4 platform. It allows traders to trade directly from the charts. Most importantly, it overcome many trading limitation and provided additional trading execution such that technical chart patterns can be traded on automation.

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Transcript of "Trendline ea for visual chart trading on metatrader"

  1. 1. Trendline EA for Visual Chart Trading on Metatrader 4
  2. 2. • One of a key element in forex trading is the visual chart and learning to identify trading chart patterns can help to make wise decisions in trading.• Technical chart patterns will also provide insights to future market movement of the currency prices, which is the foundation of technical analysis.
  3. 3. • Most trading charts are now presented in the form of candlesticks. The candlestick is the graphic representation of the price bar: the open, high, low, and closing price of the period.• The candlestick has become a widely used tool in online forex trading because it graphical representation provides useful information compared to other charts types.
  4. 4. When you use trading software with visual chartingcapabilities, there are many patterns that you mustlearn to identify. Most common and basic technical chart patterns include triangles, pennants, flags,wedges, head and shoulder and rectangle channels.
  5. 5. Why is visual charting an important skill in forex trading?
  6. 6. • * Visual chart patterns allows technical trader to focus only on price action without using other complicated indicators that manipulate price action with complicated formula which further confused a trader.
  7. 7. • * Fundamentals appear quickly in price movements, therefore by observing the charts a trader is able to monitor not only the news, but also get first-hand knowledge on how market participant react to each news report.
  8. 8. • * Trends are visible and repetitive. With a little bit of skill and experience, trend can easily be identified on a visual chart.• Then, forex trader can perform trend analysis straight from the chart using envelope , trendline tools, Fibonacci tools and pitch fork to create a channel where boundaries can be defined to perform trade entries and exits.
  9. 9. Visual Chart Trader is Your Edge to Forex Trading
  10. 10. • A visual chart trader ensures that the trader can better trade technical chart patterns in three ways. It provide an objective third-party verification of chart patterns formation, initiate trade immediately
  11. 11. chart patterns less subjective in nature as the trader using the visual chart trader has to programme its tradingrules by way of drawing lines onto the chart for trading later.
  12. 12. • Most importantly, the trendline ea (visual chart trader) make full use of the traders’ technical analysis plan and initiate trade entries and exits according to traders’ trading plan. This way of trading will reduce traders’ emotions while trading and make trading less stressful.
  13. 13. • Forex charts are the primary tool for technical analysis. With trendline ea ,you can both analyze the price patterns and initiate trade entries and exit at the same time. Everything about Forex charting can be learned and if you do your homework and use the trading tools for visual chart trading, you should have an edge and be rewarded with the opportunity, to make gains in the forex market.
  14. 14. More information can be found at this url :
  15. 15. http://www.prweb.com/releases/2013 /3/prweb10509051.htm
  16. 16. About the Author• Warren Seah is the author of the book titled ‘How to be a Currency Trader’ found on the Amazon Kindle Market.• He has built a forex software brand called Flagforex which has over 400 satisfied customers. He personally has been developing forex software that serves to automate forex traders strategy plans thereby, freeing up their time to monitor the market.
  17. 17. • For more information on working with visual chart trading tool on MT4, head to this url now:• http://www.ForexGeometry.com
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