Forex blog focuses on the best forex trading strategies and systems for beginners and advanced traders alike. Learn how to trade with technical indicators and discover the best FX strategies for scalping, day trading and swing trading.
Installing a forex robot (EA) to the Metatrader 4 platform is a very simple process that only should take 5 minutes of your time. Follow the 2 steps below to install and run forex robots on MT4 without making any mistakes. In case you don’t have Metatrader 4 installed on your laptop or computer, click here […]
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Installing forex robots onto the Metatrader 5 platform is an easy process and should only take 5 min of your time. Naturally, you’ll need to have the MT5 platform installed on your computer or laptop prior to installing MT5 expert advisors (EA’s). In case you don’t have Metatrader 5 installed on your laptop or computer, click here […]
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A forex strategy is a set of studies carried out by a currency trader to decide whether to buy or sell a currency pair at the best possible moment for maximum profit potential. A trading strategy can be centered on fundamental analysis, event risk or technical analysis charting tools. It is usually designed to provide […]
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It still remains unknown who’s behind the “Momentum” indicator, but as a member of the “Oscillator” family of technical indicators, it’s a leading indicator that gauges the rate-of-change for a currency pair. The momentum indicator tries to gauge the momentum that drives price movements for the currency pair in question over a specified period of time. […]
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J. Welles Wilder is one of the best known technical analysts to have written at length about volatility indicators. His 1978 book, “New Concepts in Technical Trading” introduced a lot of fundamental concepts of modern technical analysis, and one of such is an indicator known as Average True Range (ATR). Volatility indicators have always been […]
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The Commodity Channel Index, abbreviated as CCI, is an oscillator deployed to spot cyclical trends in a currency pair. It derived its name originally as a result of its use in analyzing commodities. Donald Lambert is said to be the man behind the Commodity Channel Index, as published in his book the “Commodities Channel Index: Tools for […]
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The Ichimoku Kinko Hyo, which is also known as the Ichimoku for short, is a technical indicator that is deployed in measuring momentum, spotting trend direction, defining probable zones of support and resistance, as well as delivering trade signals. The wide-ranging technical indicator is made up of five distinct lines i.e. the tankan-sen, kijun-sen, senkou […]
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The Envelopes forex indicator is a technical tool that tries to spot the upper and lower bands of a trading range. It does this by drawing two moving average envelopes on the activity chart, one lifted up a certain distance above and one shifted beneath. The moving average envelope remains one of the most common […]
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The Average Directional Movement Index, also referred to as the ADX, a well-known technical trading tool designed by J. Welles Wilder and was introduced in his 1978 book, New Concepts in Technical Trading Systems. The indicator in essence is derived from the smoothed averages of the difference between Plus Directional Indicator (+DI) and Minus Directional […]
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The Parabolic SAR has always been looked at as a tool mainly focused on catching the start of new trends. Developed by Welles Wilder, the Parabolic SAR represents a price-and-time-based trading system. In his words, Wilder tags it the “Parabolic Time/Price System.” The SAR connotes “stop and reverse,” and functions as the real indicator deployed in […]
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