When you want to be a successful forex trader, you will need to know how to do forex automation. Trading means that you trade your time or your money, but you don’t want to do both. This is why forex trading automation is so important. You want to make sure you are as profitable as you can be.

Forex automation is not hard to do. You just need to find the right forex software to help you do this. There are all different types of forex trading software available, so you will have to research to find the best one for you.

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It’s a multi timeframe period converter for MT4 based on the MT4′s default period converter by metaquotes. It can show you real-time m2, m25, h3 or any timeframe you want MT4 to show.

How to use:

Copy the mq4 file to your MT4 indicators folder (experts\indicators) to install it as an indicator, NOT script. then in the custom indicator list, attach period_converter_opt to the chart you want.

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Fibonacci forex trading is the basis of many forex trading systems used by a great number of professional forex brokers around the globe, and many billions of dollars are profitable traded every year based on these trading techniques.

Fibonacci was an Italian mathematician and he is best remembered by his world famous Fibonacci sequence, the definition of this sequence is that it’s formed by a series of numbers where each number is the sum of the two preceding numbers; 1, 1, 2, 3, 5, 8, 13 …But in the case of currency trading what is more important for the forex trader is the Fibonacci ratios derived from this sequence of numbers, i.e. .236, .50, .382, .618, etc.

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Just how important is an automated system to the Forex trading system?

Before we answer that question, let us first determine how large Forex trading market is. From there, we will know the importance of automated systems for the Forex market.

It is true that the Forex market is the largest market around the world not just in terms of average daily turnover and average revenue per trader. It is also the largest market in terms of participants.

You name it, we’ve got it. Take a look at the following:

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