FAQ Frequently Asked Questions

Q. I am a beginner in Forex. Can I practice it? A. In principle, this investment method only requires you to buy and sell according to the signals. The only exception to this is when the trend is against the trend, but the criteria are clear and can be determined immediately. If you can actually place and close orders at a forex broker, you can do so without any problem.

Q.This is my first time using Metatrader4.A.Yes, no problem at all. If you watch Youtube (search for "metatrader4 how to use"), you can easily understand how to use it.

Q.Are there any restrictions on the type of trader? A. There are no restrictions. MetaTrader 4 is used for charting only, so you do not need to use a MetaTrader 4-compatible firm (such as Forex.com) for actual trading. You can continue to trade with your current vendor.

Q. How much money do I need? A.If you trade in 10,000 currency, we would like you to have at least 50,000 yen ready, but some firms allow you to trade in as little as 1,000 currency, so 10,000 yen is sufficient.

Q.Do you trade only when economic indicators are announced? A.We do not recommend trading during the announcement of economic indicators, as the market often changes abruptly.

Q. Can I leave the order alone after entering? A. Yes, you can, as you can set limits and stops (OCO orders).

Q.Do you do "nan-pin" (buy more shares if there is a loss)? A. No, I do not. The next thing I do after entering a position is always to close it.

Q.Are there any restrictions on currency pairs or time frames? A.We recommend that you trade on the 1-hour time frame or longer (especially the 1-hour time frame). Also, you can trade any currency pair that can be charted on Metatrader (futures and stock indices are also acceptable), but smaller spreads are preferred.

Q.Is the harmonic pattern displayed automatically (do I need to create it myself?)? A.Yes. Once the harmonic pattern is completed, the indicator will automatically display it. There is no need for you to create the harmonic pattern by yourself.

Q.Is there a possibility that the Harmonic Pattern will repaint (signals, etc., will disappear)? A.Harmonic Patterns may repaint if the market does not reverse, but this risk can be reduced by further improving the accuracy of the pattern. Other indicators, such as TD Sequential, do not repaint once the time frame is over.

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