Automated Forex and Stock Metatrader 4 Support and Resistance recognizer indicator. The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade.
At first the explanation and idea behind identifying these levels seems easy, but as you’ll find out, support and resistance can come in various forms and it is much more difficult to master than it first appears.

You’ve seen a constant level prevent an asset’s price from moving higher or lower. This static barrier is one of the most popular forms of support/resistance, but the price of financial assets generally trends upward or downward so it is not uncommon to see these price barriers change over time. This is why understanding the concepts of trending and trendlines is important when learning about support and resistance. When the market is trending to the upside, resistance levels are formed as the price action slows and starts to pull back toward the trendline. READ MORE

Using Pattern Trader as a method for trading markets was discovered almost 100 years ago. It has been a closely guarded method among professional traders since its discovery.

Pattern Trader reveal when probability is on the side of the trader much the way card counting in blackjack reveals when the odds are in the players favor. We have developed a method incorporating Market Patterns and gaming theory that publicly generated over 7400 pips in 2009.

Introducing the Pattern Trader Recognition Software. This new forex trading software is said to be the most straightforward, easy to use, and most profitable trading software in recent years. However, what does this software actually do and how does it work? Is this software realistically for beginners or is it aimed more at experienced traders? Lastly, how much will the software cost and will it be worth the investment?