Trading Knowledge

FX Trading Tips: How to Install External Indicators on MT5
- January 8, 2021
Reading time: 8 minutes The speed at which technology is developing continues to grow, with many traders eager to embrace it. However, technology remains a mystery for large numbers of traders, and can be particularly confusing when it comes to installing external technical indicators on MetaTrader platforms. This tutorial, however, should help simplify things. MetaQuotes
READ MORE
FX Trading Must-Haves: Top Forex Trading Tools For 2021
- December 31, 2020
Reading time: 7 minutes A career in foreign exchange trading (often referred to as currency trading or Forex trading) is an exciting prospect, though is often difficult to know where to begin. With 2021 just around the corner, FP Market’s research team have joined forces and listed some of the must-have Forex trading tools. Divided
READ MORE
Introduction to CFDs: How to Trade CFD Stocks Like a Pro
- December 30, 2020
Reading time: 7 minutes Although still in their relative infancy, CFDs, or contracts for difference, have become ubiquitous in the financial markets, offering a cost-effective alternative to traditional share trading. Similar to options and futures, CFDs are derivative products: a contract, or agreement, between two parties to exchange the difference between the opening and closing
READ MORE
A List of the Best MT4 Indicators to Download in 2021
- December 30, 2020
Reading time: 8 minutes Were you aware that although MetaTrader trading platforms offer in excess of 30 built-in technical indicators, more than 2,000 custom indicators are available? MQL5’s community boasts an extensive library of custom trading indicators for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) users. From basic candlestick detection to advanced Harmonic pattern indicators,
READ MORE
3 Powerful Japanese Candlestick Patterns Traders Must Know
- December 28, 2020
Reading time: 10 minutes Known for revealing Japanese candlestick analysis to the Western world, Steve Nison is acknowledged as a leading authority on the subject. However, in his widely read book, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, Nison highlights Munehisa Homma (sometimes translated as Sokyu)
READ MORE
The Most Potentially Profitable Cryptocurrencies to Invest in (Other Than Bitcoin)
- December 28, 2020
Reading time: 7 minutes It wasn’t long ago that few people had heard of cryptocurrencies. These days, the cryptocurrency market is a household name. And for good reason. Cryptocurrencies are digital currencies, a digital asset employing blockchain technology to gain decentralization and transparency. Since Satoshi Nakamoto, a name almost synonymous with bitcoin, supposedly developed the
READ MORE
How to Calculate Profits and Losses of Your Forex Trades
- December 28, 2020
Reading time: 8 minutes With a daily volume of $6.6 trillion, foreign exchange is the largest financial market in the world. Arranged as a decentralised auction house for currencies, FX trading offers unparalleled opportunities for informed traders and investors. As a Forex trader, among other things, knowing the process behind calculating profits and losses
READ MORE
Calculating Profits and Losses of Your Currency Trades
- December 28, 2020
Reading time: 7 minutes Foreign exchange delivers a platform for informed traders to speculate on exchange rate fluctuations. Consistently profitable traders understand the necessity for a well-defined trading plan and risk-management approach. It is also good practice to recognise the calculations behind specific key parameters, such as pip value, margin, swaps and profit and loss.
READ MORE
Here’s Why 2021 Will Be One of the Most Remarkable Years for Cryptocurrencies
- December 28, 2020
Reading time: 8 minutes ‘Bitcoin is a technological tour de force’ – Bill Gates, co-founder of Microsoft, inventor, and philanthropist In recent years, cryptocurrencies have experienced a roller-coaster ride. As we approach 2021, bitcoin prices have steamrolled to all-time highs, up by an eye-popping 215 percent, year-to-date, underpinned amid increased investor confidence in the digital
READ MORE
Different Types of Forex Calculators Every FX Trader Should Master
- December 21, 2020
Reading time: 8 minutes Accurate risk management can mean the difference between success and failure as a Forex trader in the foreign exchange market. Fortunately, Forex calculators are in place to help streamline the trading process, allowing traders to effortlessly make trading calculations using real-time Forex market prices. In addition to offering a wide array
READ MORE
A Detailed Guide to Opening a Live Account in MT5
- December 21, 2020
Reading time: 8 minutes Today, traders have access to a broad range of financial markets, including Forex (currency pairs – FX trading) and CFDs (contracts for difference) on equities, futures, cryptocurrencies and more. As one of the world’s leading designers of trading software, MetaQuotes Software Corp. offers several applications. Popular software designs include MetaTrader 4
READ MORE
Is It Time To Consider Switching From MT4 To MT5 Platform?
- December 21, 2020
Reading time: 7 minutes MetaQuotes Software Corp., a well-known company that develops financial trading software, released the MetaTrader 4 (MT4) platform in 2005 and has become one of the most popular trading platforms for Forex brokers. Today, it is difficult to find a Forex brokerage that does not support MT4’s platform. MetaTrader 5 (MT5), MT4’s
READ MORE