Trend channels are a technical analysis tool used to identify the direction and potential range of price movement for security. There are two main types of trend channels: ascending and descending.
A jobber, also known as a market maker or dealer, is a type of trader who actively buys and sells financial instruments, such as stocks, bonds, and derivatives, in order to facilitate trading and provide liquidity to the market. Jobbers typically...
Non-regulation poses the greatest risk of illicit conduct or outright fraud to retail Forex traders.
Horizontal lines are a fundamental tool in forex trading. They help traders identify key support and resistance levels. These lines highlight price points where the market has historically reversed or stalled, providing valuable insights for...
A real trading account, often referred to simply as a "live account," is a financial account opened with a brokerage or financial institution that allows an individual or entity to participate in actual financial markets by buying and selling various...
The Evening Star pattern is a three-candlestick reversal pattern that typically forms at the end of an uptrend, signaling a potential trend reversal. The formation of the Evening Star pattern consists of three key components.
The most common form of currency exchange is the conversion of one currency to another through the use of currency exchange markets. These markets, which can be physical or electronic, allow individuals, businesses, and financial institutions to buy...
The Half Trend Indicator is a versatile tool that works across multiple time frames, but its effectiveness depends on a trader’s strategy. For short-term trading (scalping or day trading), the 5-minute (M5) to 1-hour (H1) charts are ideal, as they...
Trading indicators are mathematical calculations or visual tools traders use to analyze market trends, price movements, and potential trading opportunities. They help traders make informed decisions by identifying patterns, momentum, volatility, and...
Yes, you can run many EAs concurrently using the MetaTrader client interface. Nonetheless, not all Expert Advisors are linked to the same computer. These two will most likely endeavor to fill each other's available posts. To get around this,...