Zahir Shah

People usually get trapped by shady groups posing as if they are a pool of knowledgeable traders. These groups appear to be so appealing and promising that a newcomer tends to join and seek help from what they offer and eventually get deceived in return as they give money to such groups by trusting them. […]

There’s this kind of algorithmic trading that features trading in the foreign exchange market with high order-trade ratios and high turnover rates; it’s done rather fast, too. It’s called HFT or high-frequency trading. Since it covers various subjects with regard to algorithmic trading, HFT trading comes with nary a single definition. And, while it’s a

Although the psychology of the market remains the same from year to year but some market conditions keep changing. What was profitable yesterday is not the fact that it will be profitable tomorrow. The task of the trader is to adapt to the current conditions in time and continue to earn. The same goes for

Sooner or later, one way or another, traders resort to the help of robots. Robots are different in their functionality. Therefore they are called trading robots, but there are also robot assistants that only indicate the possibility of a transaction. It doesn’t matter which one you choose. The setup will be the same. For the

Push notifications in MetaTrader 4 are short text messages that are sent to a mobile device (Android or iPhone) from the computer version of the trading platform or the services of the MQL5.community developer. Such messages are extremely important, and this is what will be discussed in today’s article. If you do not understand why

Where is the forex market located? Nowhere! As paradoxical as the answer to this question may sound, it is. The forex market does not have any central location. Moreover, it also lacks a single trading center. During the day, the trading center is constantly shifting from east to west, passing through the world’s major financial

You are a trader. You trade Forex to get additional income and spend a lot of time at the terminal. In order not to miss the trend, you hypnotize the charts and wait for the price to move in your direction. Sooner or later, a feeling of fatigue appears, which can harm the trade. Where

Let’s start with the definition. MA is a trend indicator that displays the average price over a specified time interval. The size of this time interval is called a period. So, a moving average with a period of 200 calculates the average price value based on the last 200 candles, and if the period is

A correction or pullback is a temporary, relatively short-term price movement against an existing trend. The main direction of the price does not change, but some movement against it is formed. Pullbacks can be small and frequent, or large and rare. The situation may differ on different timeframes. For example, there is a bullish trend