Saturday, January 23

Tag: trade strategy

Improve Your Trading Performance with Free Forex Market Prediction
Strategy

Improve Your Trading Performance with Free Forex Market Prediction

Here is the short informative article sharing the Free Forex Market Prediction with you. As you know, from our website, we provide the advanced MetaTrader Trading Systems and Pattern Scanners as well as many educational materials for Forex trading. We also decided to provide you advanced Forex Market Prediction for free to help you to stay in the winning side.You can access the Free Forex Market Prediction from the link below. Although these are free  and convenient to use , these are also advanced market prediction.  Each market prediction for each forex symbol can help you to decide good entry and exit for your trading. We provide these prediction covering the most of major Forex symbols like EURUSD, GBPUSD, USDJPY and so on. The market prediction is updated every hour to provide you t...
Price Breakout Pattern Scanner and Smart Renko
Strategy

Price Breakout Pattern Scanner and Smart Renko

Our Price breakout pattern scanner is very unique tool in the market because it have built in feature for Smart Renko inside. There is reason for that. Smart Renko is really helpful for any pattern detection in the separate window. So they will reinforce your trading decision. Imagine that in the candlestick chart, Price Breakout Pattern Scanner is automatically detecting the patterns for you. In the indicator window, you can also detect any other important patterns readily. If you can collect evidence for your trading from both candlestick chart and renko chart, you can make very powerful trading decision.Let us show how to switch on and off the Smart Renko chart from your price breakout pattern Scanner. Before you are using Smart Renko feature enabled, you might download sufficient his...
Using Japanese candlestick patterns with Price Breakout Pattern Scanner
Strategy

Using Japanese candlestick patterns with Price Breakout Pattern Scanner

Price Breakout Pattern Scanner combines several trading systems in one product. Properly used, they can yield excellent trading results. One of the trading system built inside Price Breakout Pattern Scanner is Japanese candlestick patterns. Price Breakout Pattern Scanner can detect 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.To use Japanese candlestick patterns, you have enable the candlestick pattern from Price Breakout Pattern Scanner. See the attached screenshot for the purpose. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish.In addition, you can also rec...
Applying Turing Point Prediction in Forex Market
Strategy

Applying Turing Point Prediction in Forex Market

In this article, we provide an explanation on how to apply the turning point prediction in Forex Market. Here we will be using Swing Size and Swing Age variable to identify the turning point probability for each price swing.Swing Age is the count of candle bars from latest bar to the swing right end. Swing Size is the count of candle bars from the swing right end to swing left endAs these two variable provides you the relative coordinate of the right end and left end of the price swing, you can locate the turning point value for each price swing. Check the screenshot to clarify your understanding.In terms of application, the turning point prediction is useful as it quantifies your risk for trading between 0.0 and 1.0 (or 100%). Quantification in your trading is always good ...
Forecast 2021: What to Expect from the Euro and the Dollar
Strategy

Forecast 2021: What to Expect from the Euro and the Dollar

If someone asks which currency pair is the most important and most liquid on Forex, the answer will follow immediately. Even a beginner will say: “Of course, EUR/USD”. There is even nothing to doubt about this: the trading volume for this pair reaches $1.1 trillion per day. These currencies represent two of the world's most powerful economies, and the US dollar is the first most important reserve currency. Most central banks continue to store large volumes of their gold and foreign exchange reserves (over 60%) in US dollars. The euro comes in second with over 22%.It should be noted that the dollar is gradually losing its positions, according to Bloomberg, its peak (45.3%) in global payments was in April 2015. Now, following the SWIFT statistics, the euro has managed, although not by much...
Introduction to Advanced Price Pattern Scanner
Strategy

Introduction to Advanced Price Pattern Scanner

Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. It is non repainting pattern detector.Detectable PatternsFollowing pattern can be detected.1)  Triangle (Pattern Code = 0)2)  Falling Wedge (Pattern Code = 1)3)  Rising Wedge (Pattern Code = 2)4)  Double Top (Pattern Code = 3)5)  Double Bottom (Pattern Code = 4)6)  Head and Shoulder (Pattern Code = 5)7)  Reverse of Head and Shoulder (Pattern Code = 6)8...
Using Japanese Candlestick Patterns in X3 Chart Pattern Scanner
Strategy

Using Japanese Candlestick Patterns in X3 Chart Pattern Scanner

X3 Chart Pattern Scanner is the powerful pattern trading system with many powerful features. Properly used, this tool can yield excellent trading results. One of the trading system built inside X3 Chart Pattern Scanner is the Japanese candlestick patterns. X3 Chart Pattern Scanner can detect around 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.To use Japanese candlestick patterns, you have to enable the candlestick pattern from X3 Chart Pattern Scanner. See the attached screenshot for the purpose. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish.In addition, yo...
Tutorial Using Excessive Momentum and Fibonacci Ratio Analysis
Strategy

Tutorial Using Excessive Momentum and Fibonacci Ratio Analysis

With Excessive Momentum Indicator, you can access to the automatic Fibonacci Ratio Analysis. Combining these two powerful trading system are the excellent ways to trade in Forex market. In this article, we will show you how to combine both with step by step guide.When there is an unexpectedly long bearish and bullish price movement, the indicator will detect these excessive momentum area for your trading. This excessive momentum zone are often the true accumulation and distribution area in the Volume Spread Analysis. What does this mean for your trading ?This means that entry around this excessive momentum area can provide you the great advantage that favors your Reward and Risk for your trading whether they are breakout trading or reversal trading. The indicator provides such a great op...
MT5 Supply Demand Zone Indicator
Strategy

MT5 Supply Demand Zone Indicator

Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading. Also note that supply demand zone indicator can be used as a great support and resistance indicator too. So if you are looking for good support resistance indicator, then these tools are good too. Please check it out.MT5  Mean Reversion Supply DemandMean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target.MT5  Ace Supply Demand Zone Indi...
DAILY MARKET BRIEF 2: WTI is down
Strategy

DAILY MARKET BRIEF 2: WTI is down

In Europe, the UK and the EU finally signed a trade deal last week after months of debate. The text was published on Saturday. It includes a 1,246-page trade document, along with agreements on nuclear energy, civil nuclear energy, exchanging classified information, and more.In the commodity market, oil prices are somewhat bearish as investors are worried about fuel demand amid the worsening pandemic, especially after the UK confirmed that it had two new COVID strains that were more infectious. Still, the decline in oil prices is capped by optimism surrounding the latest stimulus package signed by Trump. WTI is down 0.37%, and Brent has lost 0.47%.Gold is increasing on the back of the stimulus bill signed by Trump. Still, the metal is retreating from session highs. Gold futures have g...