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Expert Advisors

Expert Advisors are used to automate the trading process and relieve traders from constantly performing the day to day trading activities. Many experienced traders apply multiple automated trading strategies and make them operate in different market situations and with a variety of conditions.   

ForexGen traders will have the opportunity to write and test their trading strategies in the well-known, easy to use, popular and used strong analytical development package, which is MetaQuotes Language 4 (MQL 4) developed by http://www.metaquotes.net/.

With ForexGen client expert advisor tool there will always be a way, by which experienced traders can link the signals generated by the trading systems with their trading accounts, and link them in such a way to be able to track and manage their opened positions, placed orders and stops at any given moment.

For more information visit : www.forexgen.com

17 Jun 2008
Admin · 120 views · Leave a comment
Custom indicators
The CIF is an indicator based on the extensive efforts of our house experts using their experience in their concentrated search where they found that one indicator is not enough.

-The experts’ conclusion was that the CIF- mother of all indicators- is the only and the perfect solution that facilitates the manual trading which provides indications with the least risk. It is the trader’s perfect support for every faced obstruction.


-Our house experts categorize and make combinations of the trend, oscillators, bill Williams, volumes and other custom indicators, the CIF signal values is generated according to the indicators’ combinations depending on certain calculations, volumes and correlations between more than one indicator and according to a specified function that weights the indicators’ signal. The CIF values are represented graphically via four lines (short .middle, long, current).

For more information visit : www.forexgen.com

17 Jun 2008
Admin · 112 views · Leave a comment
Trailing Stops

A stop loss is a system created to limit and reduce any losses at any position and manage the expected risk in currency trading . It acts like an insurance policy. It permits traders to set a limit to the most expected loss without setting a limit to the most expected profit.


A trailing stop will automatically change according to the market price when the position is positive by the amount of your trailing stop, added 1 pip to it.


In case of a long position and the market price is rising, the stop loss price will be affected proportionally. While in case of the price falling, the stop loss price will not change.  


The advantage of setting up an automated trailing stop trading feature is that you don't have to monitor on consistent basis how your trade is doing. This is a useful advantage where you are not obliged to watch your trades for an extended period of time.  


The stop loss disadvantage is that the stop price could be activated by a short-term price variation. This stop-loss permits the variation while preventing the maximum expected risk.

For more information visit : www.forexgen.com

17 Jun 2008
Admin · 106 views · Leave a comment
Charts
 Line Chart: The line chart is a graphical representation of the historical exchange rate of a certain currency pair in a given period of time. The line is established and drew according to the closing prices connection of the day.

Bar Chart: The bar chart is a currency chart represents the currency price, forming vertical bars in a day (e.g. every 60 minutes). Each bar contains 4 'hooks' (the opening, closing, high and low (OCHL) rates of transactions at a certain time interval).

Candlestick Chart: The candlestick Forex charting is used to forecast the market. It represents OCHL prices as 'candlesticks' with a wick at each end. When the opening rate is higher than the closing rate the candlestick is 'solid'. When the closing rate exceeds the opening rate, the candlestick is 'hollow'. as a result of the colored bodies The candlestick provides a visual details more than any other chart.

Point & figure charts: Point and figure patterns are essentially the same patterns found in bar charts but Xs and Os are used to market changes in price direction. In addition, point and figure charts make no use of time scales to indicate the particular day associated with certain price action.

For more information visit : www.forexgen.com
17 Jun 2008
Admin · 120 views · Leave a comment
ForexGen platform features:
Streamline dealing with no request for quote for up to 200 lots (20 million).


• ForexGen trading platforms have a friendly user interface that is both easy to use and to grasp.



• One click orders execution.



• Providing real-time charts with the most common indicators.



• Advanced charting tools with many technical analysis features.



• Daily account statement.



• Provides many order types to employ the desired trading strategies and mange the risk.



• Summary of client's orders, floating profit& loss, account equity, etc within real-time.



• Follow P&L and open positions within real-time.



• Providing a multi-lingual platform that supports 14 different languages.



• Exclusive technical analysis daily to your mailbox in the Trading Platform.



• Providing news headlines directly in the system.



• Provides research reports for every day and every week.



• Showing real-time prices in the major currency pairs that are constantly updated.



• Providing tools enabling the ForexGen's clients who have real accounts to program their own trading strategies with the Expert Advisor.



• Clients with real accounts can discover the ForexGen's trailing Stop feature.



• Providing a high level of security found in the client's unique username and password. We strongly recommend you to open a demo account to try the many features of our system. For further information or assistance, please do not hesitate to contact us at any time or simply request a call back.



• Working with securities of Forex, Futures and CFD markets.



• Various execution technologies: Instant Execution, Request Execution, Market Execution.



• Confidentiality of all trading operations.



• Unlimited charts quantity.



• Support of various timeframes (from minutes up to months).



• Large number of technical indicators and line studies.



 • Experts, Custom Indicators and Scripts.



• Multilanguage program interface.



• Signals of system and trading actions.



• Getting on-line news from financial markets.



• Internal e-mail system.



• printing charts and completed trading transactions statements


17 Jun 2008
Admin · 102 views · Leave a comment

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