Forex Frequently Asked Questions Archives - Advanced Forex Strategies

Forex Frequently Asked Questions

How to Install tpl file or trading template in Your MT4 Platform

How to Install tpl file or trading template in Your MT4 Platform

If you have a trading template (it’s the one with the tpl extension), you have to install into your MT4 trading platform before you can correctly use it. So here are simple steps that you can follow to install your trading template into MT4. Step #1: Copy the .tpl file LocateRead More

A Real Account Must Logically Have Withdrawals

How to Choose the Best Forex Robot for MT4 or MetaTrader 4 Platform

The Forex market is, without a doubt, one of the most lucrative and swiftest investment opportunities available in today’s tough financial climate. Forex trading has huge profit potential however, it comes with its own challenges. The most successful traders spend years studying the FX markets and develop algorithms using complexRead More

Profitable Forex Trading Strategy - Identify the Trend

How to Create Your Own Profitable Forex Trading Strategy

Creating a Forex strategy isn’t difficult, however, it requires time to test it in detail to see the results. This is the reason why traders are advised to stay patient, because having a good strategy can actually multiply the overall trading returns in the long run. In this blog post, we willRead More

To install MT4 Expert Advisor, click on Open Data Folder

What is an MT4 Expert Advisor and How to Install it

When you get involved in the world of forex trading, you will always come across or hear people mention the word MT4 Expert Advisor. But, you don’t know what this word means, and what it’s all about. Now it’s time to learn everything you have to know about it, includingRead More

Backtest on MT4 - Insert Your Test Settings

How to Backtest on MT4 or MetaTrader 4

One of the advantages of MetaTrader 4 also known as MT4 platform is that it gives traders an opportunity to test any expert advisor (EA) using previous market price movements before using it in live trading. This kind of testing is referred to as a Backtest. If you want toRead More

How to Make Money in Forex Without Actually Trading

How to Make Money in Forex without actually Trading

The world of forex trading can be difficult to understand, especially when you are new to it. You can see Forex as something that has similarities to the stock market, but there are lots of difference. First of all is the terminology used in Forex, which is quite different fromRead More

How to become a Professional Forex Trader

How to Become a Professional Forex Trader

If you have been trading, you probably asked yourself this question… How to Become a Professional Forex Trader? Well, it can take years of commitment, supported by well-defined strategies that show consistent profitability, to become a professional trader. However, the returns are worth the effort as it produces a steady streamRead More

Download the MetaTrader 4 Trading Platform from

What is the MetaTrader 4 Trading Platform?

Any serious Forex trader would have come across the Metatrader 4 trading platform. In fact, we are personally using Metatrader 4 in our day to day trading. Our popular trade signal service, Profit By Friday, is traded using the Metatrader 4 trading platform. Let’s make it simple… from here onRead More

Major Forex Currency Pairs Make Up 72% of Forex Trading Volume

What Are the Major Forex Currency Pairs

At this point, you might already have the idea that foreign exchange rates are being cited in pairs. In addition, the currencies that are being referenced by these pairs are one of the important things you should comprehend as a Forex trader. Whether you are planning to take your first stepRead More

True Forex ECN Broker -

Why You Should Start Trading with a True Forex ECN Broker

There are many brokers out there that claim that they are ECN Brokers but only a handful can really be classified as a true Forex ECN Broker. We know of some traders who prefer not to use ECN because of the commission charges but in truth, we rather pay commissionRead More