Here I will try to help you understand how this tool works so traders can take advantage of its true strength in the right way. Let me break it down for you. Idea behind it In order to understand how this tool works one should know the concept behind it and the usage will be automatically clear...
EUR/USD: After ECB Meeting, Ahead of Fed Meeting ● Last time the EUR/USD review was titled “In a state of uncertainty”, as confirmed by the previous week. Starting at 1.1643, the pair dipped to 1.1581, then rose to 1.1691, and ended the session with a new drop, this time to the 1.1560 level...
⚡VR Template Switcher is a powerful utility for working with chart templates in the MetaTrader terminal. You no longer need to do a lot of actions to load, save and delete templates...
AUD/USD started a fresh increase above the 0.7500 resistance zone. NZD/USD also climbed higher and it might aim more upsides towards 0.7250. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a steady increase above the 0.7480 hurdle against the US Dollar...
Having success as a trader depends on our emotional stability in relation to our equity curve over time. I believe it is essential for algorithmic traders to understand the strategy they are using, to develop that emotional stability...
Autotrade gold on XAUUSD is a good choice. Trading in metals can be efficient and profitable because price movements in metals (gold, silver) are more understandable and predictable than in currency pairs. Therefore, it is better to create an automatic robot for XAUUSD than for currency pairs...
ETHUSD Consolidating Towards $4000 Ethereum had a major bearish correction yesterday breaking down below the $4000 level, after which the price has stabilized and is moving to a consolidation phase towards the $4000 handle...
Keep Sleeping EA Quick setup Presets-MT4 , Presets-MT5 - settings for recommended pairs 1. EA's working time It is not necessary to change EA's working time for most brokers. Changes can be needed if server time of your broker is not GMT+2 (+3). 2...
Many traders at the beginning of their professional career often begin to learn the basics of economic and technical analysis. Some of these traders define their technical strategies, find market patterns and start their trading...
This tutorial applies to the indicator ' Trend Change Alert ' whose product page is accessible by clicking on the image below: This product allows you to be notified when the price of a symbol takes a new direction in the market...
GBP/USD is eyeing an upside break above the 1.3820 resistance zone. EUR/GBP is rising and it could gain pace if it clears the 0.8465 resistance. Important Takeaways for GBP/USD and EUR/GBP · The British Pound was able to gain pace above the 1.3700 and 1.3750 resistance levels...
Introduction All the configurable options for TheStrat Patterns Indicator are given below, with a description of how they can be used to make the Indicator work your way. MT4 : https://www.mql5.com/en/market/product/65241 MT5 : https://www.mql5...
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall...
EUR/USD: In a State of Uncertainty ● When giving their forecast a week ago, 20% of analysts were in favour of a decline in EUR/USD , 50% voted for it to rise, and 30% were neutral. As a result, 80% of those who pointed north and east were right. After starting at 1.1600, the pair first rose to 1...
What is TheStrat? Very simply, TheStrat is a Price Action trading strategy developed by Rob Smith, that applies across all asset types from Forex to Bonds to Commodities and Stocks, and which provides specific guidance on entry and exit points...
ETHUSD: Bullish Engulfing Pattern Above $4000 Ethereum is moving in a strong bullish momentum after clearing the psychological resistance level of $4000...
EUR/USD started a fresh rise above the 1.1620 resistance zone. USD/CHF is eyeing an upside break above the 0.9260 resistance zone in the near term. Important Takeaways for EUR/USD and USD/CHF · The Euro started a fresh recovery wave above the 1.1600 zone against the US Dollar...
Cryptocurrency traders and investors are cheering the recent bitcoin rally. The leading cryptocurrency is trading back above $60,000, coming close to a new all-time high. The most recent data related to the crypto market size explains why bitcoin has attracted so many buyers in the latest months...
What is the Fundamental Trader and How to use that? Ziwox Terminal is an intelligent trading assistant that helps financial markets traders reach smart decisions informed by the latest market trend, sentiment, economic news, and forecast...
In my guide on how to import high quality tick data into MT5 you learned how to ensure that the execution of your EA in backtesting matches your broker's live conditions. To achieve trustworthy data, it is equally important to add trading commissions to your backtest...
