Stonehill Forex – Page 28 – Stonehill Forex

McGinley Dynamic Indicator as a Baseline Indicator

Colored baseline from John McGinley that adapts to market conditions for trend identification.

McGinley's Our Man The McGinley Dynamic Indicator is our next baseline indicator choice. This indicator has been recognized as one of the most underrated and unpopular indicators. Ironically, it has also been acknowledged as one of the most reliable and functional as well, making it a great indicator for your trader’s toolbox. While the background math may ... Read more

Using the MT4 Strategy Tester

by Stonehill Forex

We use the MetaTrader 4 (MT4) platform for a number of reasons. First, and foremost – it’s what most brokers use. Second, it’s very user-friendly. Third, it has the largest public (free and pay) library of indicators available AND permits you to effectively back test. If that doesn’t convince you to use it, then I … Read more

Simple Moving Average as a Baseline Indicator

by Stonehill Forex

Welcome to the next Stonehill Forex Indicator Study. This research represents an investigative look into how and why some indicators work and some don’t work as well. New Versus Old We are departing from our usual practice by reviewing an indicator which is actually part of the downloaded MT4 platform. The reason why we chose ... Read more

Best Leverage for Beginners

by Stonehill Forex

This is a very important question since leverage is what makes the Forex market so attractive to traders. We answered this in our Quora space since it has appeared multiple times in various forms, and felt our community would benefit here at Stonehill Forex. Not a Great Idea Many non-US brokers offer leverage up to … Read more

ATR – The Most Important Indicator in the World

by Stonehill Forex

Welcome to the next Stonehill Forex Indicator Study. This research represents an investigative look into how and why some indicators work and some don’t work as well. Our Next Indicator Choice is… We’ve chosen the ATR (AVERAGE TRUE RANGE) as our next indicator choice. The ATR (Average True Range) is part of the MT4 platform indicator set. … Read more