Stochastic Oscillator chart is drawn in a separate window under the price chart and consists of two lines: %K, quick one, and %D, slow one. Its values vary from 0% to 100%; at the levels of 20% and 80% signal lines, defining the oversold (0-20%) and overbought (80-100%) areas, are drawn.
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9 min
System CCI expert advisor works on the basis of well-known indicator Commodity Channel Index (CCI hereafter), included in a standard list of indicators of the MetaTrader 4 terminal. For opening a position, a signal line of the CCI and default levels of the EA are used. The levels are customizable for a more precise opening of positions.
6 min
EXTRA strategy, like any other, has long-term, mid-term and short-term goals. At the basis of this strategy lies a MATRIX. A matrix is practically the basic structure of the Elliott waves.
5 min
In the description of the indicator in the book "Bollinger on Bollinger Bands", it is said that the price remains at the borders of the lines 95% of the time and escapes those borders in 5 remaining percent. If volatility on the market is low, the upper and the lower lines are close to one the other, while the price is trading between them; the higher the volatility, the wider the channel formed by the three lines (pic 1). According to the classification, the Bollinger Bands are a trend indicator as it shows both flats and directed price movements. The timeframe may be anything from M1 to a year.
8 min
The Relative Strength Index (RSI) is one of the few trader's instruments able to go ahead of the price. Of course, such situations do not happen every day, however, this feature is really interesting and useful for the analysis of the current market situation.
5 min
Greed Advisor is, no doubt, a pretentious name. According to the developer, this advisor is meant for especially greedy traders. However, the similarity of “greed” in the name to a “grid” is also worth mentioning, because its algorithm includes forming a grid-like series of trades.
5 min
The system of PAMM (Percent Allocation Management Module) accounts emerged out of the necessity to unite the experience of successful traders with the funds of the investors, eager to use their money efficiently.
9 min
Any trader who has decided to quit intraday trading, faces the question: what criteria to use for choosing stocks for long-term investment and what is worth paying attention to first hand. In this case the trader should start from the simplest – look at those indices that appear on the net first of all and are available to each investor not eager to go into detail.
8 min
Playing on exchange markets, including Forex, a trader will inevitably come across such phenomena as Margin Call and Stop Out. At first they seem to be synonyms but in fact their meanings are completely different. Let us look at the terms more closely.
5 min
The name MarSe was derived from the names of two trading strategies – Martingale and Surfing. The Surfing strategy has been created by Victor Borishpolets for daily trading on Forex and the stock market. The system is based on the RSI.
6 min
The influence of fundamental data on the dynamics of financial instruments is studied by a special type of analysis – fundamental analysis, an integral part of any trader training program. Fundamental analysis is applied to regularly published macroeconomic indices of certain countries and the world economy on the whole as well as to political events, relevant for the financial world.
6 min
In essence, a VPS is a remote desktop; or, in other words, it is a computer that allows to install necessary trading software irrespective of the main computer.
18 min
Where to place a stop loss and take profit, how far the stop should go, how to size the trade from it and when a trailing stop helps.
21 min
How the MACD line, signal line and histogram are calculated, which settings fit each timeframe and five ways to trade the indicator.
6 min
Day trading or intraday is short-term transaction on stock exchanges performed during the same trading session without roll-overs. This way of trading is quite peculiar, because this approach requires traders to consider all incoming information, such as news, statistics, external factors, and a lot of other events.