“Double Top” and “Double Bottom” Patterns
“Double top” and “Double bottom” patterns represent classic models of price behavior that occur after a long-lasting trend is established.
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Stop Hunt Indicator for MT4 - Shows the Retail Stop Loss Levels
Today we’re going to talk about a simple, but very useful and informative stop hunt indicator for MT4 called StopLossClusters.
What Percentage of Forex Traders Make Money
The largest US Forex brokers publish data on the profitability and unprofitability of their customers on a quarterly basis.
What is Timeframe?
Timeframe is a way of grouping prices to display them on the chart in a more convenient manner.
What’s Better: Bars or Japanese Candlesticks?
There are three types of charts in MT4 terminal: candlestick, bar, and line charts.
Gap in FOREX: Definition, Features, and Strategy
Successful Forex trading requires not only a good trading system, but also understanding of all the market processes, their correct interpretation, and application.
What is the Best Risk and Reward Ratio?
What do you think is the best Risk and Reward Ratio on the Forex market?
A Little Trick Protecting You Against Tilt at the First Losses
A brief psychological note on how to protect yourself against tilt (distress) as a result of a series of losing trades.
“Exposure” Tab in MT4: What’s It For?
In a recent MT4 update, developers added a new tab to the terminal. It was integrated into MT4 from a more up-to-date MT5 terminal and is called “Exposure”.
Psychology of Breakeven: Don’t Let Your Profits Run Away
We all want to be on the plus side in Forex. But how do we assess our profitability? In most cases, we compare the amount of incurred losses with that of profit. However, this indicator alone cannot be sufficient motivation.
