Introduction

There are a lot of strategies and theories involved in the Stock market. This makes it difficult to assess the entire market without the proper education. As a result, many traders missed their opportunities. This problem can be solved perfectly by the automatic MT4Professional market scanner tool.

What is an MT4professional?

The Mt4professional is the best market scanner tool for forex trading. It enables the trader to analyze the entire market situation at a glance based on the custom trading strategies and with any standard or custom indicators. you can create custom rules for your strategies. No programming skills are required. A lot of different currency pairs can be tracked with MT4Professional, while custom notifications can also be set up according to your own rules and specific indicators.

Features of the Mt4professional

• It allows to open symbols charts in one click and it also scans low time frames.
• It allows to scan multiple symbols and timeframes simultaneously using custom rules and indicators.
• Cloud-based so configuration and scans can be accessed from any device
• It has Unlimited scanner conditions and flexibility.
• It provides Custom indicator support and it is fully integrated into MT4 and MT5.

Benefits of Using MT4professional

Real-time market analysis

Its real-time market analysis is one of the benefits. By monitoring the market, the scanner analyzes different currency pairs and provides you with the latest information. This allows you to make informed trading decisions based on accurate and timely information.

A broad range of customizable tools

There are several customizable tools available with MT4Professional that will meet your trading needs. This level of customization allows you to adapt the scanner to suit your unique trading style by scanning for specific symbols and timeframes, applying custom indicators, and setting up alerts based on your preferred trading strategy.

Free trial and affordable pricing

MT4 provides a free trial for newer, and it allows them to access the features before committing to this platform. This trial period helps you to find the Mt4 professional is the right tool and the subscribable is also affordable to everyone.

How to create an account in MT4

• Click the signup button and follow the instructions. When the account is created you will receive a confirmation email.
• After creating an account, you must configure the scanner according to your preferences.
• This includes choosing the money pairs you want to monitor, using custom indicators, and setting up alerts. It provides a user-friendly interface so it makes it easy to customize the scanner.
• The MT4 is also available on your smartphone. Go to the App Store or Google Play download the app, log into your account, and enjoy your trading.

Pros and cons

Pros

• Real time alerts.
• 14-day free trial
• Realtime MT4 and MT5 snapshots on mobile
• Realtime MT4 and MT5 trades status on mobile
• FREE LIVE Q&A webinar
• Realtime scanner on mobile
• FREE dedicated one-on-one onboarding

Cons

• A stable internet connection is required for real-time features to work across devices.
• Learning curve to understand all configuration settings.

Conclusion

The Mt4professional market scanner tool enables the trader to analyze the entire market. You can receive notifications through different channels such as Telegram, email, SMS, etc… and you can share them with your trading group. you can create custom rules for your strategies. No programming skills are required and the installation and operation of MT4Professional are easy, while the mobile version allows trading everywhere.

To check the MT4professional, Click here.

Introduction

The Japanese Candlestick Charting Techniques Second Edition book was written by Steve Nison. The Japanese Candlestick Charting Techniques Second Edition book has a total of 17 chapters and is divided into 2 parts, part 1 contains the 3-9 chapters and part 2 contains the balance 10-17chapters.

Overview of the book

Steve Nison structures the book from basics to advanced strategies. The second edition of the book aims to make candlestick charting more accessible and practical for modern traders. While the format and underlying concept are the same as in the first edition. This Second Edition book contains:

• More about intraday markets
• More focus on active trading for swing, and day traders
• New tactics for getting maximum use from intraday charts
• New Western techniques in combination with candles
• A greater focus on capital preservation.

Benefits of the Books

A number of benefits can be gained from Japanese candlestick Charting, including enhanced understanding of the market, practical strategies, improved risk management, and accessibility to traders of all levels.
When you are reading this book you get guidance from experts and educational resources that
help traders and investors become more effective traders with candlestick patterns.

Reviews and Recommendation

The Japanese Candlestick Charting Techniques, Second Edition book was helpful to traders, who are seeking a master to learn Candlestick Charting.
Steve Nison gives a clear explanation and improved visuals that make complex concepts more digestible. Most people said that the book’s focus, particularly on multiple real-world examples and case studies, shows how candlestick patterns can be used to inform trading decisions, and this book is more effective for both beginner and experienced traders.

About Author

Steve Nison completed his M.B.A. in Finance and Investment. He, Chartered Market Technician (CMT), is the founder and President of Candlecharts.com which provides premier educational products and trading services and he worked in the early periods of the 1990s. He writes books about the Japanese Candlestick Charting Techniques, Beyond Candlestick Charting, Japanese Candlestick Charting Techniques, Second Edition, and The Candlestick Course. His two books, Japanese Candlestick Charting Techniques and Beyond Candlestick are international best sellers and the foundation of all candlestick research and analysis.

Conclusion

Steve Nison’s Japanese Candlestick Charting Techniques, Second Edition book definitely gives a guide for anyone looking for a master to learn Candlestick Charting. The book provides in-depth information on various candlesticks from basics to advanced patterns. The book is an essential addition to any trader’s library.

To learn all the 298 pages

Introduction

The Wyckoff Methodology In Depth book was written by Ruben Villahermosa Chaves. This book is about how to trade financial markets logically. The Wyckoff Method is based on three laws such as the Law of Supply and Demand, the Law of Cause and Effect, and the Law of Effort. Richard Wyckoff developed key concepts on tops, bottoms, trends, and tape reading in the early 20th century. His concepts, such as the Wyckoff method, market cycle, and rules, continue to inform traders and investors today.
This book contains a total of 27 chapters and 8 parts.

Overview of the Book

Readers will gain a complete understanding of the Wyckoff Methodology, covering its foundational principles, practical applications, and advanced techniques, as well as its foundational principles. It is both an introduction and reference book for new traders aiming to improve their skills, as well as a complete reference book for seasoned traders.

Benefits of the Books

Benefits include identifying institutional money’s interest, determining their context and sentiment, knowing the high probability trading zones, planning scenarios by a roadmap, risk managing and positioning appropriately, and more. It offers readers the tools and knowledge to improve their trading strategies and market analysis skills.

Reviews and Recommendation

The Wyckoff Methodology In Depth Book introduces a detailed investigation of Wyckoff principles, increased with real-world case studies and advanced techniques. Whether you are fresh to trading or experienced, this book provides knowledge to improve your market analysis and trading decisions. Most people said that the theory of the book was excellent. It’s an essential read for anyone looking to heighten their understanding of market dynamics and improve their trading skills.

About Author

Ruben Villahermosa Chaves is an accomplished market analyst and trader with a specialization in the Wyckoff Methodology. He published The Wyckoff Methodology In Depth independently in 2019. He has been an independent analyst and trader in the financial markets since 2016. He highlights the importance of understanding market dynamics and embracing a disciplined approach to trading.

Conclusion

A practical guide to navigating the complexity of the market with greater confidence and precision, The Wyckoff Methodology In Depth is more than a deep dive into a historical trading method. Anyone looking to improve their market analysis and trading skills will find this book to be a valuable addition.

To learn all the 248 pages

How To Make Deposit with Indian Money to Forex Broker without Commission?

In this blog, we are going to see a tip to deposit money to forex without commission in India for Indian traders who are trading with forex broker.

Disclaimer – This procedure is only for Indian Traders who are trading with AvaTrade.

For this, you have to open 3 accounts.

1. AvaTrade – Global Forex Broker
2. Astropay – International E-Wallet
3. XM – Global Forex Broker providing UPI service in India

AvaTrade India

AvaTrade provides a trading and broking platform with zero commission and low spread.

Open an Account with AvaTrade with the below link. And Follow the given steps.

To Open an account in AvaTrade –> Click Here…

Step 1: Enter your Email id, Password, and Mobile number, then click Create Account.
(Save your Email Id and Password for future login purposes.)

Step 2: On the next page, Enter the required details like DOB, Address, and Trading Experience details.
Then In Trading Platform Click –> MetaTrader 5 Futures, Base Currency –> USD.

Step 3: Enter profile details like Occupation, Income, and Saving. Then Click submit.
Your Account will be created.

Step 4: Now you have to verify your account. Click menu –> Upload documents –>
1) Upload ID Card Front and Back (Aadhar Card, Passport, National ID, or Driver’s Licence).
2) Upload Utility Bills (bank A/C statements, mortgage statements, Visa statements, vehicle
insurance policy, taxation documentation.) The document must be dated within 6 months
before the current date. The name and Address should be clear in the document.
3) Enter the PAN card number and click submit.

Your Account will be verified soon and you can deposit and start trading.

Astropay India

Astropay is the E-wallet to transfer indian money to a forex broker account (AvaTrade).

Open an Account with Astropay with the below link. And Follow the given steps.

To Open an account in Astropay–> Click Here…

Step 1: Create Account –> Enter your mobile number –> Click Continue

Step 2: Enter the OTP received to your mobile number –> Click Continue

Step 3: In this step, you can enter the password or you also skip this process.

Step 4: Enter Name, DOB (as per in the Aadhar card), and Email Id. –> then your account will be created

Step 5: Verify the account. Go to My Account –> Personal Information –> Fill the Personal data and Address

Step 6: Verify the Email id –> click send verification to mail –> then go to gmail and verify the astropay mail sent to you mail.

Step 7: Validate your identity. –> Scan your Aadhar Front and back –> take a selfie of your face and upload

Validate completed. Your account will be verified to make the transaction.

XM Broker

XM also provides a trading and broking platform but the spread is high compared to AvaTrade.

Open an Account with XM with the below link. And Follow the given steps.

To an Open account in XM–> Click Here…

Step 1: Enter Mail Id, Password, and Partner Code (YBK8F) –> Click Register

Step 2: A verification mail will be sent to your mail id. So go to gmail and verify the mail sent by XM.

Step 3: Enter personal details. Name, DOB, Address (as per in the Aadhar card)

Step 4: Add financial details.

Step 5: Verify your identity. Scan your id card (Aadhar front and back) and take a selfie of yourself.

In a few minutes your account will be activated and you will get an verified to your mail. Then you can make deposit.

AvaTrade Deposit method through AstroPay without Commission

If we deposit in AvaTrade directly through Astropay you have to pay an extra commission of 10%.

But if you do as per our procedure you will not get charged commission by Astropay.

After successfully verifying and completing the account opening process of the AvaTrade, Astropay, and XM, Do the below procedure to avoid commission.

Step 1: Deposit $12 (which is 1250 = 1007+charges) in Astropay through UPI (for the first time only).
Procedure –> Click Add –> Select USD –> Enter $12 –> Make payment through UPI –> Enter UPI id and make the payment in the UPI app. The money will added to your Astropay e-wallet

Step 2: Now Deposit $12 in XM (to activate Astropay in XM).
Login to XM –> Click Deposit –> Click Astropay –> Enter the amount ($12) –> Click declare and deposit –> Enter Astropay mobile no –> Enter OTP –> Then your deposit is completed. Money will be added to your XM account.

Step 3: Now again make a deposit of $90 (approx. Rs.7550) to the XM account through UPI. (this is to transfer $102 = $12+$90 to AvaTrade account).
Procedure –> Login to XM –> Click deposit –> Click UPI –> Enter amount ($90 in indian rupee) –> UPI Id and make payment. –> Then your money will be updated in your XM account. And the amount will be $90+$12 = $102.

Step 4: Now withdraw $102 from XM account to Astropay e-wallet.
Go to XM –> Click withdrawal –> Click Astropay –> Enter the amount ($102) and withdraw –> The amount will be transferred to Astropay e-wallet.

Step 5: After you receive money from XM to Astropay, now you have to transfer it to AvaTrade.
Go to AvaFutures and Login –> Click deposit in the menu column –> Click Astropay –> Enter the amount ($102) and make a deposit –> Amount will be transferred to AvaFutures account. Now you can trade with AvaFutures.

Withdrawal Method from AvaTrade

Step 1: Login to AvaFuture –> Click Withdraw –> Click Astropay –> Enter the required amount and withdraw –> your money will be transferred to Astropay.

Step 2: Now deposit the money into XM.
Login to XM –> Click Deposit –> Click Astropay –> Enter the amount and deposit. –> your money will be transferred from Astropay to XM.

Step 3: Now withdraw the money from XM to Bank Account. Login to XM –> Click withdraw –> Click online bank transfer –> Enter Bank Name, IFSC, Bank Account Number, Branch Name, Bank Address, and Withdrawal Amount (USD).

Your money will be transferred to your bank account.

Links to open accounts

To an Open account in AvaTrade Click Below 👇🏻

To an Open account in Astropay Click Below 👇🏻

To an Open account in XM Click Below 👇🏻

If you have any doubts or need help, please contact Classroom of Traders…

FAQs

How to Make a Perfect Entry and Exit with our Trading Signal, Inversion Tips, Swing Call, Risky Trade, Jackpot Call, Sure Shot Call

How to make Career in Stock Market in India? National Institute of Securities Markets NISM Certificate Examinations

Top 5 Forex Brokers in India, How to Choose the Best Forex Broker, AvaTrade, XM Global Limited, FXTM, Exness, Interactive Brokers

AstroPay in India is a e wallet service provider that lets you pay, send, and receive money online internationally, invest in forex and crypto, online…..

Ava Trade in India, online trading platform and brokerage firm offering its global customers access to financial markets, Ava WebTrader, MT4, MT5, AvaOptions