Hi , can anyone tell me what is Forex ?

trading , currencies

you're lucky i saw your question, here's the best answer i can give since im a forex trader/broker/strategist:

Forex or foreign currency exchange is an industry/market whereby currencies of different countries are traded.This is a system of buying and selling currencies and earning profits/money depending on the exchange rate.It is similar to buying and selling stocks but a better venture if you are an investor since it gives you a two-way profit potential, meaning if a certain currency is appreciating, site for example the UK pound then you buy it and wait for it to reach the rate you would most like to sell:or if its depreciating then you can readily sell it and profit upon reaching the lowest rate you would like to buy from.Currencies are always in pair such as pound and US dollar,euro and US dollar,yen and US dollar, swiss franc and US dollar-these are the main currencies traded worldwide-you have secondary ones like the canadian dollar-US dollar, australian dollar-US dollar and more; then there are also crossrates like pound against yen, pound against euro.

Example: Take the UK pound against the US Dollar pair.
it's shown as GBPUSD, the pound is your base currency and the US dollar your counter currency.

if you believe the US dollar would appreciate because the Fed says it will, then you can sell the pound thereby automatically buying the dollar.As of this writing, the rate is at 1.9923-meaning, for every UK pound it is equivalent to almost $2. So from this price you can expect it will go down; say for example to 1.9823.
Let's say you are using a leverage of 100%;meaning per point is equivalent to $10
1.9923 - 1.9823 = 100 pts x $10 = $1,000

From that transaction you profited $1,000 because of the exchange rate, which is the appreciation of dollar and depreciation of pound.

I hope i was able to answer you and gave you the basic concept of forex trading.all the best...

Have a look at this page for your answer:
http://www.best-stock-trading-systems.com/forex_made_easy.html

Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..

currency trading - foreign exchange markets

The simple answer is that the Forex market is the international market where currencies are traded, Foreign Exchange) but there are several ways to trade the Forex market, the other answers that have posted are only referring to one type, swing trading. The safest trading is Hedge trading. You can set your system up to just get interest, like you would from a bank, buy and sell on the short wave, again rather safe and take advantage of hedge nonconformity.
For more info try www.forex-assistant.com .

how to an email pop up alert at mt4 indicator? I try to change bolltrade v5a indicator white box to pop up alert but fail.

//
//
//+--------------------------+
//| BollTrade Indicator v05a
//+--------------------------+
//
//
#property copyright "Ron Thompson"
#property link "http://www.ForexMT4.com/"

// This INDICATOR is NEVER TO BE SOLD individually
// This INDICATOR is NEVER TO BE INCLUDED as part of a collection that is SOLD

/*

===== Theory =====

This is designed for EURUSD M15

You should place BUY and SELL MARKET ORDERS depending on how far outside the
Bollinger Bands the current price falls. This is a counter-trade system, that
is, you should SELL when the UPPER bands are exceeded by BDistance pips and
BUY when the LOWER Band is exceeded.

BDistance, BPeriod and Deviation control the Bollinger Bands

It depends on retracement and exhaustion to make profit.

You should only places one trade per bar, and one trade at a time.

===== Operation =====

The Gray lines are BDistance from the Bollinger bands

White square is where the price exceeds the upper/lower BDistance value
and where you would place your market order (Sell if upper, Buy if lower)

Red is LossLimit from the white marker, Green is ProfitMade

If you set UseATR true then the chart markers will reflect ATR-derived
bands, and use the ATR_* properties for LossLimit and ProfitMade.

*/

#property indicator_chart_window
#property indicator_buffers 8
#property indicator_color1 White
#property indicator_color2 White
#property indicator_color3 White
#property indicator_color4 Gray
#property indicator_color5 Gray
#property indicator_color6 White
#property indicator_color7 LimeGreen
#property indicator_color8 Red

extern int BPeriod = 15; // Bollinger period
extern double Deviation = 1.8; // Bollinger deviation
extern double BDistance = 14; // plus how much
extern double ProfitMade = 8;
extern double LossLimit = 9;

extern bool UseATR = false;
extern int ATR_Period = 4;
extern double ATR_BDistanceMult = 1.4;
extern double ATR_LossLimitMult = 3.6;
extern double ATR_ProfitMadeMult= 0.8;

//---- buffers
int mybars=1000;
double BollMA[1000];
double BollUpper[1000];
double BollLower[1000];
double UpperPlus[1000];
double LowerPlus[1000];
double BuySell[1000];
double TP[1000];
double SL[1000];

//+----------------+
//| Custom init |
//+----------------+
int init()
{
// 233 up arrow
// 234 down arrow
// 159 big dot
// 158 little dot
// 168 open square
// 120 box with X

IndicatorBuffers(8);

SetIndexStyle(0,DRAW_LINE); //bollinger ma
SetIndexArrow(0,158);
SetIndexBuffer(0,BollMA);

SetIndexStyle(1,DRAW_LINE); //bollinger upper
SetIndexArrow(1,158);
SetIndexBuffer(1,BollUpper);

SetIndexStyle(2,DRAW_LINE); //bollinger lower
SetIndexArrow(2,158);
SetIndexBuffer(2,BollLower);

SetIndexStyle(3,DRAW_LINE); //upperplus
SetIndexArrow(3,158);
SetIndexBuffer(3,UpperPlus);

SetIndexStyle(4,DRAW_LINE); //lowerplus
SetIndexArrow(4,168);
SetIndexBuffer(4,LowerPlus);

SetIndexStyle(5,DRAW_ARROW); //buysell
SetIndexArrow(5,168);
SetIndexBuffer(5,BuySell);

SetIndexStyle(6,DRAW_ARROW); //TP
SetIndexArrow(6,120);
SetIndexBuffer(6,TP);

SetIndexStyle(7,DRAW_ARROW); //SL
SetIndexArrow(7,120);
SetIndexBuffer(7,SL);

}

//+----------------+
//| Custom DE-init |
//+----------------+
int deinit()
{
Print("DE-Init happened ",CurTime());
Comment(" ");
}

//+-----+
//| TPB |
//+-----+
int start()
{

int i;

double stddev;
double bup0;
double bdn0;

double myBDistance;
double myATR;
double myProfitMade;
double myLossLimit;

for (i=mybars; i>=0; i--)
{
// Bollinger moving average
BollMA[i] = iMA(Symbol(),0,BPeriod,0,MODE_SMA,PRICE_...

// upper & lower bands
stddev = iStdDev(Symbol(),0,BPeriod,0,MODE_SMA,PR...
BollUpper[i] = BollMA[i] + (Deviation*stddev); //upper
BollLower[i] = BollMA[i] - (Deviation*stddev); //lower

// buy/sell limit cross
if(UseATR)
{
myATR=iATR(Symbol(),0,ATR_Period,i); // expressed as .xxxx
myBDistance = (ATR_BDistanceMult * myATR); // so doesn't need Point
UpperPlus[i] = BollUpper[i]+(myBDistance); //upperplus
LowerPlus[i] = BollLower[i]-(myBDistance); //lowerplus
}
else
{
myBDistance=BDistance;
UpperPlus[i] = BollUpper[i]+(myBDistance*Point); //upperplus
LowerPlus[i] = BollLower[i]-(myBDistance*Point); //lowerplus
}

if( High[i]>=UpperPlus[i])
{
BuySell[i]=UpperPlus[i]; //SELL
if(UseATR)
{
TP[i]=UpperPlus[i]-(myATR*ATR_ProfitMade...
SL[i]=UpperPlus[i]+(myATR*ATR_LossLimitM...
}
else
{
TP[i]=UpperPlus[i]-(ProfitMade*Point);
SL[i]=UpperPlus[i]+(LossLimit*Point);
}
}

if( Low[i]<=LowerPlus[i])
{
BuySell[i]=LowerPlus[i]; //BUY
if(UseATR)
{
TP[i]=LowerPlus[i]+(myATR*ATR_ProfitMade...
SL[i]=LowerPlus[i]-(myATR*ATR_LossLimitM...
}
else
{
TP[i]=LowerPlus[i]+(ProfitMade*Point);
SL[i]=LowerPlus[i]-(LossLimit*Point);
}

}

}//for

}//start

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