There are many automated systems – some are free and some are very expensive. It is the own coding language of the Metatrader 5 trading platform, designed specifically for automating trading and creating indicators. To create an EA, you need a strategy that works and is well tested. This strategy will then be encoded in […]
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The currency heat card is a graphical image that records all possible deviations of the current fixed asset price from its minimum and maximum values over a specified period of time. Visually thermal currency card looks like a multicolored table. At the heart of its construction is the principle of rapid reversal – it allows […]
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exchange hours vary by region and country. The market is dominated by 4 trading sessions, which are grouped together until the market opens and closes. There are also pre-sales and post-trading sessions, known as extended markets. After trading hours via electronic communications networks (ESNs), which enable buyers and sellers to communicate directly and not through […]
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The Foreign Exchange Market (Forex) is decentralized. There is no single large market, there is no huge crowd of all market participants. Some of them form exchange structures (such as ESN) with their own set of currency pairs and rules. From a practical trader point of view, the choice of currency pairs traded depends on […]
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traders in financial markets should understand the huge number of deadlines and constantly pump their knowledge, because standing still in this area of success is impossible to achieve. This is especially true for chart analysis. The main terms in this topic are convergence – that is, rapprochement and divergence – that is, bearish divergence. In […]
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In Forex trading, various tools are used to analyze the situation. These include arrow pointers. They clearly show useful data on the quotes chart, allowing traders to make profitable trades. There are quite a few such tools. According to many experts, the best indicator of arrows is BrainTrend2Sig. Signal Interpretation BrainTrend2Sig is installed in MT4. […]
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When buying a product, a person primarily looks at his condition and does not assess the condition of the store in which he is located. Of course, it is important for us to make the store look good, but we pay much less attention to it than to the product. This analogy is given so […]
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The pin bar is a price action pattern that is considered to indicate that there may be a reversal in the market. However, not all pin bars provide a clear signal that the market will improve the trend. A huge number of such candles are created due to the making of profits by bank traders. […]
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The Commodity Channel Index (CCI) was developed by Donald Lambert. He first introduced it in The Journal of Commodities in 1980. The CCI is a universal determinant that can be used in trading to identify a new trend or to warn of extreme conditions. Typically, the CCI helps to measure the current price levels against […]
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Dow Theory is old enough, so many modern entrepreneurs find something to criticize. This is not surprising, as markets develop as technological progress progresses. Dow theory has been criticized for delays in signals. This means that the buy or sell signal may come as early as the next non-compliant phase when the trend is already […]
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