Tag: forex


Forex Robot Testing: System CCI

The System CCI expert advisor works on the basis of the well-known indicator Commodity Channel Index (CCI hereafter), included in the standard list of indicators of the MetaTrader 4 terminal. For opening a position, the signal line of the CCI and the default levels of the EA are used. The levels are customizable for a more precise opening of positions.

Two Ways of Investments on Forex: PAMM and RAMM

Investments on Forex feature equally high risks and profits. That is why one should only trust their assets to experienced Forex players – traders demonstrating stable and high results. It used to be quite complicated: one had to find a successful trader, check their trading statistics, sign a personal management agreement and hope that the trader will go by its letter.

Bollinger Bands. Indicator Description

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.

Trading – the most popular patterns

What is pattern in tech analysis? Head & Shoulders and Inverted Head & Shoulders chart patterns Double Top and Double Bottom chart patterns Triple Top and Triple Bottom chart patterns Wedge chart pattern Diamond chart pattern Rectangle chart pattern Flag chart pattern Triangle chart pattern 1. What is a pattern in tech analysis? A pattern […]

The Basics Of Fundamental Analysis

What is fundamental analysis? How does news influence Forex? Main economic indices Where do we get the data for fundamental analysis from? How to use the Economic calendar How to use fundamental analysis on Forex Summary What is fundamental analysis? The influence of fundamental data on the dynamics of financial instruments is studied by a […]