MQL5 Tutorial – 2024 Trading Experiment – Watch Forex Earthquake Live – Analysis and Forecasts – January 16, 2024

20240101: Download 28 results video for this system https://bit.ly/41OIpzK

20240101: README document (updated frequently): https://bit.ly/41FPceY

20240102: Download system for demo account: https://bit.ly/3H3diqt

20240103: Account settings: https://youtu.be/qtCXQI3XL_4

20240104: Import trading system: https://youtu.be/4AWpxGKVS4A

20240105: First account profits: https://youtu.be/BqXaoGyy3QU

20240106: Setup MX Linux Server in 5 minutes: https://youtu.be/JVZoYn2w6Yw

20240107: Setup Metatrader on Linux in 3 minutes: https://youtu.be/DTkOQKW3HT4

20240109: Real-time updates and real-time profits: https://youtu.be/BCnttK7d4HI

20240110: Real-time online statistics: https://bit.ly/42a34yt

20240111: How to analyze results: https://youtu.be/-UF4nYCsc_Q

20240112: Watch Forex Earthquake Live: https://youtu.be/G-yuRxb8DqU

20240115: What if the trend changes today? https://youtu.be/jj_Ouapwz1M

Sometimes you’ll see huge candles appear on your chart, and sometimes you’ll see days where nothing happens, and sometimes everything happens within a very short period of time. In this case, it is just one candle with multiple trades executed. And this is the ICCI oscillator. And as soon as it falls below the lower limit here, you can see the next trade. And this next transaction can last for minutes, hours, days, or even weeks. It all depends on the current very fast price movements. So you might see a new trade pop up in the next few minutes, and sometimes you might not even see 50 candles in a row. And when it gets boring, that’s where people get impatient and start manipulating the system. You may want to see more transactions, or else seeing a lot of transactions in an hour or so can be scary. Here’s the deal: It just opened and you can see the prices going up and down. Current balance is $100,253. And if you click on the history tab here, you can see that all the transactions have been made here in the last few minutes. Basically this gives you items 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12. Now we have $100,253. A second transaction opened within seconds. This is what I call a foreign exchange earthquake. And when this happens, many people get nervous. Because it’s not something you see often. But when that happens, they will do anything. They close trades out of fear or open new ones out of greed. And this is when you can see price movements of hundreds of dollars in a matter of minutes. So if you zoom in on this chart, you’ll see two lines here. This is a moving average, so it is currently in a slight upward trend and is expected to continue its upward trend over the next few days. But in these situations, you never know. Therefore, it is always better to start with a small risk setting. In my case, I have an account of $100,000, so an open loss of $240 is not scary to me. However, if this were an account with $1,000 in assets, things would be much different. And you can see that their current assets are less than $100,000. Free margins are well below that level. So I’m curious what the consequences of this move here are. I think it’s a good idea to trade on a demo account like we do here because most people would be embarrassed to see this happening on a real account. Most traders lose all their money within the first 6 months, so we recommend giving yourself at least 3 months to trade on a demo account. I’ve been using demo and real accounts for over 10 years now, and all this real data is really valuable. Because the more real data you have, the more real experience you can get, and it doesn’t matter where you get it. On a demo account or real account. great. This video ends here. Thank you for watching and I’ll see you in the next video.