Speed Resisance Lines as an additional trading tool

Speed Resistance lines can be used to identify levels of support and resistance in the market with a high level of accuracy. If you wan to read more about this tool, please download the pdf file at the end on this post. You should be aware that this is not a trading system which is going to generate buy and sell trading signals for you but it is just another powerful which you can add to any trading method and develop it from there. So please take some time and have a good read. Download this file.

Metatrader Expert Advisor Generator

A new program is out which allow you to code your trading strategies for the metatrader platform. This tool does not require that you have coding and programming knowledge at all. You just input the trading rules step-wise in the software and the codes are generated on the fly. It is very good for those who want to get started in mql4 coding and are situated in the middle line. The software comes with a manual which will walk you through the usage of the software and hopefully you will be generating your EAs after you completed the little training. However, the system is not free but you can download a 60 day trial of the software and try it for some time. If you find yourself comfortable with it, then you might decide to purchase it at a later stage. If you have good experience with it already, do leave some comments.