In Forex and binary options trading, indicators are often used to understand which direction the market will move next. One of these indicators is the Donchian Channel indicator. Its developer is America’s famous trader and financial analyst – Richard Donchian. Let us consider in more detail the ways of using this technical indicator and the … Read more
What is awesome oscillator indicator Awesome Oscillator Indicator is a multi-tasking indicator that can determine the current trend, find the optimal entry points to the market, divergence and convergence. The principle of its operation is based on calculating the difference of moving averages with different periods, built on the median price, which is obtained as … Read more
A huge number of trading systems are built on the signals of the Moving Average indicator. Somewhere one moving average is used, somewhere two, and in some strategies, three or more. We will consider triple moving average crossover strategy in this article. Here, as many as three moving averages will be used to search for … Read more
This support and resistance zones indicator is a custom indicator based on the Esaz system and Gann theory. The indicator is divided into three categories, each of which is designed for a specific period. The indicator draws levels and figures in the form of rhombuses on the chart, the sides of which can be used … Read more
Stochastic is one of the well-known oscillators that has been used in trading for several decades. Many other modifications have been created based on this tool, and one of the most common versions is the Color Stochastic indicator. Description of Color Stochastic indicator The color stochastic works on the same principle as the old & … Read more
Stochastic signals forex indicator for mt4 & mt5 is talked of the town amongst the traders now. Because hardly we find any trader who didn’t hear the name of effectiveness of stochastic oscillator. It’s one of the most well-known oscillators. Many strategies have been created Using stochastic oscillators, such as the “Two Stochastics” TS, which … Read more
What is traded in the forex market? Nothing but currency. Yes, we forex traders buy and sell currency in the forex market. This type of buying and selling is confusing as the whole process is not like conventional buying and selling. What is forex trading all about You are buying shares of a country when … Read more
Pip is the single fluctuation on the fourth digit after the decimal point. PIPS are the plural form of PIP. For instance, fx market was changed 500 pips last week. Many forex traders call Pip a point. However, globally we know the slightest change of price movement in the forex market as Pip. Most brokers … Read more
The stock market’s rule is that the price of any share will be determined against that country’s currency. For example, in India’s stock market, the share price is determined in rupees.But in the forex market, it is impossible to determine the value of any country’s currency alone. There can be no value in euros or … Read more
Spot forex or the Foreign exchange market is the buying and selling foreign currency. In the FX market, you can sell one country’s currency and buy another country’s currency. In this piece of content I will cover what is forex trading in simple terms, how to make money from Forex market, advantages of Forex trading … Read more
There are many default forex trading indicators like moving average, Bollinger bands, stochastics, Relative strength index, MACD, commodity channel index,momentum indicator,Average true range (ATR) etc. All of them are useful and can produce a profit if you can handle them properly. Some customised indicators like 3 level ZZ semafor, non repaint reversal indicator, elliott wave … Read more
Tushar Chande developed Aroon Oscillator in 1995 as part of the Aroon up and down Indicator system. Tushar’s plan for the system was to highlight short-term levels trend changes. Aroon in the Sanskrit language means “dawn’s early light.” The Aroon Oscillator is a lagging technical indicator. Aroon indicator values forms of the period oscillators to … Read more
0.1 lot size in dollars Forex markets are not only for investing but also for retail purposes, like exchanging currency during travelling, exports and imports foreign direct investing. It is an accessible market for regular people to participate in; unlike other Financial markets, there is a low capital entry which means it does not require … Read more
In any type of business,without a plan you are setting yourself up for failure. The same goes for Forex trading, in a nutshell forex trading is investing, a solid plan will most likely push you a step closer to reaching your trading goals and put you on a path to success, the same way you … Read more
Buy low sell high forex strategy The basic principle in forex trading is getting the best price. Most often, Successful traders will tell you that they used this principle to get rich even in a retail business, the aim is to stock up products at a low price whilst there is still supply and later … Read more
Forex intraday trading /day trading is one of the most popular Forex trading styles, the basic principle is to trade during active market sessions, and one of the fundamental rules is to make sure to close trades by the end of the day. Intraday focuses on the midterm and short term trend directions, and as … Read more
The ab=cd pattern indicator is a technical indicator that looks for harmonic price patterns in the market. It is used to look for points where price might change trends, but not only restricted to finding reversals, but it can also help traders stay in trades or find their exit points during a trade. The abcd … Read more
We find many brokers online, but not all are suitable for trading view. As nowadays, the trading view gets super popular, so traders worldwide want to know which brokers are perfect if they wish to take the trading view service. So I will reveal the best broker for trading view, and as a trading view … Read more
A trading strategy is a set of rules or protocols used to execute a plan. Every successful business has a strategy to reach its target. Hence, as a trader, it is important to approach your trading like a business, not a hobby, because if you approach it as a hobby, you will later find out … Read more
There are two types of moving averages. Simple moving average and Exponential moving average. The ema, also known as the Exponential moving average, is one of the popular indicators technical traders use. The great thing about EMAs is the flexibility you can use them, from identifying changes in price trends to setting trade orders using … Read more