Today, we'll test Bollinger Bands. They are a set of three moving averages, all of which have the same calculation period. But the standard deviation (price range) is added to or subtracted from the upper and lower ones.
Today, we’re going to test 3 indicators: Relative Strength Index (RSI), Commodity Channel Index (CCI), and, at our reader's request, Williams %R indicator. What do they have in common, and why have we decided to test them together?
In Forex, the spread is essentially one part of the cost for you as a trader to open any trades. It counts into the total price of trading.
In this article, we’re going to test a classical Moving Average indicator.
So you have everything ready, your terminal is up, you open a few charts and start looking for opportunities. What crucial questions should cross your mind at this point?
Surprisingly, the main reason behind destroyed deposits is not an ill-designed strategy or a harmful money management method, but a trivial lack of discipline among traders themselves.
Hotkeys in MT4 help traders execute various commands and operations without resorting to menu and toolbars.
In this article, we would like to discuss the problem of “secrecy” of the Forex market and help some traders understand certain things they don't seem to grasp.
Forex trading is probably the most ambiguous type of trading. There's no “Good”, “Bad”, “Right” or “Wrong” here; there's only a trader's subjective opinion of the market and the things happening there!
What is the domino effect? Simply put, this is a chain reaction where a change of one element triggers similar changes of neighboring and subsequent elements in a linear sequence. Now let’s project this concept on the Forex market.
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