Forex Bio

Forex Scanner Metatrader Expert Advisor

ForexScanner is a complete forex trading solution designed for the very popular Metatrader 4 platform which consists of two very powerful trading indicators: ForexScannerST and ForexScannerLT. ForexScanner System Description: The best and safest trades are made in the main direction of the trend. Once the trend is identified the next step is timing. ForexScannersTrend Indicator Description:  This indicator uses logic to detect trend direction and reversals at an early stage. A green color...

Forexbio Go Han Scanner, Expert Advisor Indicator for forex metatrader

Based on the timeframe you're viewing, the scanner will check all currency pairs that your current MT supports. It will look for some of the most common technical analysis patterns and output them to the screen for your examination. Please note: This is not an auto-trader. It will merely scan all charts and present you with the results and you can decide whether to enter a trade or not. INSTALL THE SCANNER: Here's the steps to installing this scanner 1 - Open the zip file to a new...

Technical Analysis for GBPUSD for 29 December 2009

GBPUSD  Forecast The GBPUSD had a moderate bullish momentum yesterday, topped at 1.6014 and closed at 1.5999. However, as you can see on my h4 chart below, actually this pair is still consolidating, indicated by rectangle formation. So basically, the movement is still indecisive and as long as price stay below 1.6050, I still prefer a bearish scenario. Break above 1.6050 should trigger further bullish momentum testing the upper line of the bearish channel and could be a serious threat to...

Technical Analysis EURUSD December 29

EURUSD Forecast The EURUSD didn’t make significant movement yesterday, moved in only small range of 60 pips. On h4 chart below we can see that after the bearish scenario was interrupted by violation to the bearish channel, price seems to consolidating in a range area with 1.4420 area as a key resistance level and 1.4250 as key support level at this phase. The bias remains neutral and we need a valid break from the range area to see clearer direction. Break above 1.4420 should trigger...

Forexbio Squeeze More Strategy

Setup: 1. Open any 4 Hr Candle Stick chart. 2. Setup Bill Williams Awesome Oscillator (AO) with Default values 3. Setup Bill Williams Accelerator Oscillator (AC) with Default values. 4. Setup Stochastic on top of AC with setting 5, 3, 4. See attached template file. Aggressive Entry: Strong Signal: When stochastic %K and %D crosses above or below 80 or 20 and both AC and AO turn red/green at the same time. When Stochastic crosses above or below 80 or 20. Wait for AC to turn...

TAKE THE MONEY AND RUN A True Scalping System.

Ok let’s get started, I will try to make this as short and simple as possible; nobody likes hundreds of pages of dribble and stories. PLEASE DO NOT TRADE THIS LIVE BEFORE YOU HAVE DEMO TRADED IT FOR AT LEAST 3 WEEKS PROFITABLY! We are simply trying to take 5-10 pips out of the market every day, now this may not seem like much but once you are in a position to trade $20 a pip (which doesn’t take long) then you are making $4000 a month for about 2 hours’ work a day! So when you get to...