MetaTrader 4 (MT4) and MetaTrader 5 (MT5) stand as the world's premier trading platforms, cherished by traders for market analysis and trade execution. They excel in showcasing historical price data...
Category: Technical analysis
Bullish and bearish structures on the charts include triangles, where the price consolidates within a narrowing range before breaking out upwards/or down, signaling a potential continuation of an...
The Best Moving Average for 5 Min Chart – Case Study with Video
In the recent article, we learned basic information about moving average indicators. However, many traders these days use day trading strategies. Very often, on our FXIGOR YouTube channel, I get...
How to view Profit as Pips in MT4? – Display Profit as Pips!
Understanding the value of positions in dollars and their movement in pips is crucial for traders to manage their portfolios effectively. MT4 (MetaTrader 4) is a popular platform used by Forex...
Fibonacci 88.6% Level – Important Fibonacci Retracement Levels
Fibonacci levels are commonly used in trading to identify essential price points and potential areas of support or resistance. These levels are derived from the Fibonacci sequence, a series of...
Today, I will present the Quasimodo Pattern, or, as more people know, the "Bearish Head and Shoulder Pattern." What is the Bearish Head and shoulder pattern? The Bearish Head and shoulder pattern...
