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 […]
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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
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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
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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
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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
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Trading systems used by traders in the financial markets are always demanding on certain conditions. For example, some trading methods are designed to work with certain assets, while others can be effectively used only at a specific time of day. One of the most applied strategies for trading forex is trading at the opening of
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On Friday, the number one cryptocurrency in the world began a new round of corrective movement, which may become the very beginning of the end that many traders are waiting for. Despite the fact that absolutely all technical indicators now indicate an upward trend, a serious correction in Bitcoin has been brewing for a long
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Recently, the term VPS has been increasingly appearing in the context of investment and trading. If you haven’t heard about VPS before or know little about it, read on. We will tell you what it is and how to use a VPS as part of a Forex strategy. VPS stands for “virtual private server”, and
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Long-term trading is also called position holding strategy, since it involves the keeping trades opened for a long time. Traders who prefer this kind of trading base their plans on macroeconomic data and long-term charts. They work in almost all markets, including Forex. Taking into account the growing popularity of this strategy, we believe that
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Technical analysis uses recognizable chart patterns and statistical indicators to predict market dynamics. It is assumed that its price determines the market’s opinion on an asset at a given point in time. Fundamental financial variables, such as earnings per share or government data, are not factored into technical analysis. Strict adherence to the principles of
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