Trade signals are indicators or triggers that suggest when to buy or sell a financial instrument, such as stocks, currencies, or commodities. They serve as a guide for traders, helping them make decisions based on specific conditions in the market....

The color of a candlestick in technical analysis can provide important information about the price action of a financial asset. Typically, candlesticks are either green or white when the price has gone up during the time period represented by the...

MetaTrader 4 allows Forex Trading from Android and iPhone mobile applications anytime and anywhere. MetaTrader 4 mobile applications are your daily assistant. MetaTrader 4 is an irreplaceable tool for your work. With MetaTrader 4, you can trade,...

The spread is a term we often hear in forex trading. Many describe the spread as being the cost of trading. This basically means the extra part you are paying to the broker, who shall be charging you for the trade. To put it simply, consider a...

In forex, global variables are values stored within a trading platform, most commonly MetaTrader, that can be accessed across different charts, indicators, or expert advisors (EAs). Unlike local variables, which exist only within a specific program...

The Marubozu candlestick pattern is unique from other candlestick patterns in several ways. Firstly, it is a single candlestick pattern that does not have any wicks or shadows, which means that the opening and closing prices are equal to the high and...

A good trader always chooses the small lot size because this is the biggest mistake when we start to trade with a big lot and that's why we become unable to manage our trades just because of the big lot.

Exotic currency pairs in forex are combinations of one major currency, such as the US dollar, euro, or British pound, with the currency of a smaller or emerging economy. Examples include USD/TRY (US dollar/Turkish lira), EUR/SEK (euro/Swedish krona),...

Monopoly must first be defined in order to investigate its causes. Monos means "sole." Poleo means "to sell." It roughly translates as "sole seller." A monopoly is defined as any individual or firm that is the sole seller in a market. Monopolies are...

Manual trading can hold an edge because it allows traders to combine market knowledge, intuition, and adaptability in ways that automated systems cannot always match. While algorithms rely strictly on coded rules, a manual trader can quickly adjust...