A Forex trader who has been using the MT4 platform for quite some time will be well aware that the MT4 is not equipped with any indicators by default. Traders have to select a set of indicators and...
Category: Indicators
A 15-minute close price chart provides a balanced view of price movements, making it an excellent tool for identifying entry points in trading. This timeframe reduces the noise and false signals...
Traders often use 5-minute chart candles for short-term trading strategies like day trading and scalping, as they offer a closer look at price movements and trends within a trading day. This time...
The 1-hour chart is a favorite among traders because it balances the immediacy of intraday trading with the broader perspective of swing trading. It allows traders to capture short-term trends and...
High liquidity in the forex market indicates the presence of buyers and sellers, enabling rapid and stable transaction execution. The depth of the market in forex trading suggests that participants...
The MACD indicator is one of the most used oscillators in trading. However, many traders struggle to find optimal settings for this indicator. We tried to make our case study. The Best MACD...