Programming MT4 to Re-Enter the Forex Market After Pullback

In this video I demonstrate how you can re-enter the market in the direction of the trend after a pullback and also program your MT4 platform to do this for you. Full video transcript: http://www.ea-coder.com/programming-mt4-reenter-after-pullback/ Get Candle Range Trader here: http://www.ea-coder.com/candle-range-trader/ Want to get these types of videos immediately as they are released? Follow me on Twitter: http://twitter.com/ForexApps More videos: http://www.youtube.com/user/eacoderforexsoftware My Forex Blog: http://www.ea-coder.com ****** There is this saying among Forex traders “The trend is your friend until it bends”. I assume this means that when you are in a trade and the trend reverses you get into drawdown and that’s where things get messy. But what if you enter the market only in the direction of the trend and only if it shows you signs that it will continue to go that way? In other words you would not enter the market if the price reversed and did not go in the same direction. In this video I am going to show you how you can re-enter the market in the direction of the trend after a pullback and also how you can program your MT4 platform to do this for you.

Comments

1. I want to program an ea that uses live buy and sell suggestions from a website. Can this be done?
2. Hi Rimantas, thank you for this video and showing how powerful the Fibonacci ABCD pattern is! I'm really starting to understand how the market moves now. I downloaded your TradeOpen Script and I must say that it is exactly what I needed because for my strategy I like to enter multiple pending orders at the same time and your script really helps a lot.
   
   Thank you, thank you, thank you!!!
   
   Your friend from the USA :)
3. Ok, I've resent the email.
   Thanks
4. I've sent you an email but you did not repky. I wonder why
5. Rimantas, very good Trading Stragedy and Explanation in the Video!! Should work very good for a Trend following Stragedy and I think also for my Reversal Stragedy! I will think about it!
   Go ahead with that good Stuff :) Regards Stefan
6. This video is a demonstration of how you can program your MT4 platform to re-enter the Forex market in the original direction of the trend.