Basic Metatrader 4 Scripts For Scalping + Luciferfx EA

$29.00

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Basic Metatrader 4 Scripts For Scalping + Luciferfx EA

Course Detail

Salepage: Basic Metatrader 4 Scripts For Scalping + Luciferfx EA

Scripts for Metatrader 4
1) Add SL/TP – This function adds stop loss and take profit levels to all orders from the active chart.
3) Close All – Closes all open orders. 2) Trade Opener – Opens many orders of the same kind simultaneously.
4) Close From Chart – This option cancels all orders from the current chart.
5) Delete All Waiting – Removes all orders that are still pending.
6) Delete Pending From Chart – This command removes all pending orders from the active chart.
7) Breakeven — All stop losses are moved to the breakeven level.
8) Clear Chart – Removes all objects from the chart to clear it.
9) Open an opposing order to hedge current positions.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.