How to Open a Real Account in the Forex Market?
On the market Forex There are many brokers, each with their own offerings, terminals, and trading services using different types of accounts. It depends on an informed choice: whether there will be an opportunity to practice on demo account, the number of available services, how convenient it is to deposit your account, the amount of commission for transaction transfer, withdrawal and the service of investing in the work of other traders...
Forex Technical Analysis – Trends, Charts, Indicators
Technical analysis is the main method of trading on Forex market. With the help of technical analysis traders are trying to predict the value of the traded asset and, having made a correct prediction, to fix a profit from the price movement. Contents1 Technical analysis content2 Trend3 Graphs4 Graphic patterns4.1 Figure “Spike”4.2 Figure “Rhombus”4.3 Figure “Rectangle”...
How to Start Earning in Forex from Scratch
Is it possible to make money on multicurrency Forex market without start-up capital and experience? This is a question that is often asked. And there is no exact answer. What do inexperienced traders need more? Luck or theoretical knowledge? What to rely on: a gut feeling or analysis data? The answers to these important questions can be found in our article. Contents1 What do beginners need to know?2 A bit of theory3 Trader’s Guide4 Forex Strategies5 Trading Tools6 Trade terminals7 Comparison of brokerage spreads8 How to earn from scratch on Forex?...
Top Forex Testers and Their Working Methods
Testing is a mandatory stage of performance verification forex strategiesIt allows the trader to see mistakes, problem points, and save money during real trading. It allows to see mistakes, problem points and to save money during real trading. Special tester programs are used for testing, the reviews of which say that they give a useful experience before trading. Contents1 What is a tester?2 Top Forex Testers2.1 TSTester 22.2 FX Blue Trading Simulator2.3 SimpleFXTester2.4 Forex Tester3 How the advisor works4 MT5 Expert Advisor Tester5 Strategy Tester features What is a tester...
How to Start Forex Trading: What Should I Know and Know?
The Internet is full of ads about quick and easy earnings in the Forex market. Common sense tells us that it’s not that easy, and experienced traders, who really build up their deposits on accounts, will confirm – yes, it’s not easy at all. And if you join them and try to earn by means of trading, what to start with, how to open an account and open a deal, how much to start with, what company to choose...
The Rate of Prices for Forex: Fiction and Reality?
An exchange is a place where sellers of assets meet buyers. Demand and supply are displayed through a tool called the Depth of Market and it is actively used in stock trading. But is the Depth of Market used on the Forex and if yes, how to trade in Forex with this tool? Contents1 Exchange glass1.1 How do I read the price glass?2 Forex Depth of Market2.1 Brokerage glass2.2 MT glasses2.3 Indicator3 Working with the order book in Forex Exchange glass Depth of market”...
Top Forex Advisors
Trading in the Forex market are rather monotonous actions in similar situations that are constantly repeated. This means that the trading process can be partially or completely automated. This is what trading advisors and robots, – programs for trading. There are a lot of programs to choose from, and they vary in the way they work and in their quality. In this article we will tell you about the most popular ones...
MOFT: Review and Feedback
MOFT – is an international association of forex traders, which has been operating in the forex market since 2010. The main focus of MOFT is the return of part of the spread or commission (rebate payment) to traders working with Forex brokers Through the Unification. The most popular additional services: free legal assistance, contests on demo accounts, affiliate program, author analytics, customer support. MOFT is considered to be the largest community of Forex traders...
Forex Regulators: What are They and Which One to Choose?
Organizations that are positioned as regulators forex marketThere are a lot of them. But not very many people really run the market, only the most authoritative ones (project reviews). Choosing an organization that licenses activities broker, you need to pay attention to its level and importance in the forex trading. Contents1 Russian regulators2 Near Abroad3 Forex regulators of the world4 Regulators for every taste Russian regulators CENTRAL BANK OF RUSSIA (cbr.ru) The most important Russian regulator of forex brokers is the Central Bank...
Stochastic Indicator (Stochastic)
Contents1 What is Stochastic?2 Features of the Stochastic forex indicator3 Stochastic Signals4 Forex strategies using the Stochastic5 Conclusions What is Stochastic? Stochastic (Fig. 1) is one of the most famous technical indicatorsif not the most famous, for trading in the forex market. It is one of the classic indicators and has been used for trading since the 1950s...
Mass Index (MI) Indicator
The technical indicator Mass Index (MI) was developed and first used by Donald Dorsey, a famous trading theorist and practitioner, to determine the trend reversal situations. Trader Tushar Chande also took an active part in popularizing this indicator. Now the Mass Index is effectively used in the forex market (stock market trading). Contents1 Mass Index2 Mass Index (MI) Signals3 Adding an indicator to MT54 Strategies with the Mass Index5 Dorsey indicators and their effectiveness Mass Index The idea of the Mass Index (Fig.1) is based on the fact that the trend changes when the price range between the maximum and minimum prices changes...
Arms Ease of Movement Value Indicator
Contents1 Arms theory and its application to forex2 Description of the EMV indicator3 Rules of application of the Arms ease of movement indicator4 Adding an indicator to the MetaTrader 5 platform5 Using EMV with other indicators6 Not just EMV7 Conclusions Arms theory and its application to forex EMV indicator created by Arms for the stock market (stock market trading) as part of his Equivolume methodology described in Profits in Volume: Equivolume Charting...
Linear Regression Indicator (LRI)
Contents1 Description of the Linear Regression Indicator2 LRI applications and signals3 Strategies with a linear regression indicator4 Conclusions Description of the Linear Regression Indicator Linear Regression Indicator (LRI) was developed by trader Gilbert Raff in 1991 in order to predict prices as early as possible. The indicator is based on the mathematical concept of regression. Simplified, its essence is that if there is a certain amount of data...
Accelerator Oscillator (AC)
Contents1 Description of the Accelerator Oscillator2 Accelerator Oscillator signals3 The formula is4 AC in the terminal5 Strategies with the AC6 Conclusions Description of the Accelerator Oscillator The Acceleration/Deceleration (Accelerator/Decelerator Oscillator, AC, Image 1) is one of the technical analysis tools created by Bill Williams. Image 1 The essence of the oscillator is to see the approaching change in the price of an asset...
Aroon Indicator
Contents1 Description of the Arun indicator2 Applications and signals of the Arun indicator3 Aroon installation and settings4 Strategy with Aroon5 Conclusion Description of the Arun indicator The Aroon indicator was created in 1995 by Tushar Chande, head of Tuscarora Capital Management, who is also famous for combining two indicators – Stochastic and RSI in one tool, as well as creating the RAVI indicator...
On Balance Volume Indicator (On Balance Volume)
Contents1 Description of the Balance Volume Indicator2 Applications and Signals On Balance Volume3 In the Balance Volume Terminal4 Trading strategies based on On Balance Volume5 Conclusions Description of the Balance Volume Indicator The trend indicator On Balance Volume was introduced by the famous trading theorist and practitioner Joseph Granville in his book “New Strategy on the Stock Market” back in 1963...
Fractals Indicator
Contents1 Fractals indicator description1.1 Wave formula1.2 Bill Williams Fractals2 Fractals indicator in the MetaTrader 5 platform3 Fractals indicator signals4 Trading strategies based on the Fractals indicator5 Conclusion Fractals indicator description Among the technical analysis tools for forex trading Bill Williams’ Fractals indicator takes a special place because it is based on a special market theory...
Gator Oscillator
Contents1 Description of the Gator Oscillator2 Oscillator Gator in the MetaTrader 5 platform3 Gator Oscillator signals4 Trading strategies based on the Oscillator Gator5 Conclusions Description of the Gator Oscillator The Gator Oscillator (Fig. 1) was developed by the famous trading theorist and practitioner Bill Williams: Image. 1 This one forex indicator refers to the type of trend indicating the direction and strength of the main market trend...
CCI (Commodity Channel Index) Oscillator
Contents1 Description of the CCI oscillator2 Calculation formula3 CCI Oscillator in the MetaTrader 5 Platform4 CCI oscillator signals5 Trading strategies based on the CCI oscillator6 Conclusions Description of the CCI oscillator The Commodity Channel Index (CCI, Figure 1) was developed by trader Donald Lambert in the 1980s to identify reversals in the commodities market. Later it turned out that the CCI is also good for forex trading...
Demark Oscillator
Contents1 Description of the Demark oscillator2 Demark oscillator in the MetaTrader 5 platform3 Demarker oscillator signals4 Trading strategies based on Demark oscillator5 Conclusions Description of the Demark oscillator The DeMarker indicator (Fig. 1) was developed by Thomas R. Demark, a prominent trading theorist and practitioner, and is described in his book “The New Science of Technical Analysis”. Image. 1 Demark’s goal was to create an indicator of overbought and oversold demand dynamics...
Relative Vigor Index (RVI) Oscillator
Contents1 Description of Relative Vigor Index Oscillator2 RVI Oscillator in the MetaTrader 5 Platform3 RVI oscillator signals4 Trading strategies based on RVI5 Conclusions Description of Relative Vigor Index Oscillator The Relative Vigor Index (RVI) oscillator was created by John Ehlers, one of the leading experts in technical analysis, a proponent of cyclical market theory and creator of many others. indicators for forex (Fig...
Bulls Power and Bears Power Oscillators
Contents1 “Bulls and Bears2 Description of the Bears Power oscillator3 Bulls Power oscillator description4 Trading strategies based on Bull Power and Bear Power5 Conclusions “Bulls and Bears In the currency market, there is a constant struggle between the buyers – “bulls” who raise prices and the sellers – “bears” who lower prices. At the end of the trading day the price of the asset becomes lower or higher than on the previous trading day...
Williams Percent Range (%R) Indicator
Contents1 Description of the Williams Percent Range Indicator2 Calculation formula3 The Williams Percent Range indicator in the MetaTrader 5 platform4 Williams Percent Range Indicator Signals5 Trading strategies based on the %R indicator6 Conclusions Description of the Williams Percent Range Indicator The Williams Percent Range (%R, Figure 1) was developed by the prominent trading theorist and practitioner Larry Williams (not to be confused with Bill Williams) in 1973...
Average Daily Range (ADR) Indicator
Contents1 Description of the Average Daily Range indicator2 Average Daily Range indicator in the MetaTrader 5 platform3 Average Daily Range indicator signals4 Trading strategies based on the Average Daily Range indicator5 Conclusions Description of the Average Daily Range indicator The Average Daily Range indicator (Fig. 1) or the average daily range indicator shows the price change between the highs and lows...
Murray Levels Indicator
Contents1 Murray Levels Indicator Description2 The Murray levels indicator in the MetaTrader 5 platform3 Signals of the Murray levels indicator4 Trading strategies based on the Murray indicator5 Conclusions Murray Levels Indicator Description The Murray indicator (fig. 1) was created based on the theory of William Gann, the famous American trader of the beginning of the 20th century. The key elements of Gann’s theory are model (set of repeating elements)...
Momentum Indicator (Momentum)
Contents1 Description of the Momentum indicator2 Momentum indicator in the MetaTrader 5 platform3 Momentum signals4 Trading strategies based on the Momentum indicator5 Conclusions Description of the Momentum indicator Momentum indicator (Momentum) is one of the simplest, most obvious and popular tools of technical analysis during forex trading (Fig. 1). It represents just one curve on the price chart, which shows the speed of price change...
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