Magazine for Forex Traders

Momentum indicator for opening profitable deals

Sometimes a trader spends a lot of time to find an effective tool to analyze the market situation. At the same time, he forgets or does not know that such instruments are available in the standard set of MT4 trading terminal. For example, momentum indicator refers to them. We’ll talk about him today. I want […]

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How to choose a currency pair

To reach the level that allows a trader to earn stably, it is necessary to go a long way. Study of theoretical material and increase of financial literacy, acquaintance with methods of analysis of market situation, creation of own trading system and its testing – all these are basic components of successful trading. One of […]

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Forex signal indicator Chandelierstops

In this article, I suggest you get acquainted with another technical analysis tool. This is the forex signal indicator Chandelierstops. It allows a trader to open a trade order at the beginning of an emerging trend. This means that the probability of closing it with a good profit is very high. It is possible to […]

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Prisma Pan indicator – MACD modification

Prisma Pan is one of many modifications of the popular technical analysis tool, which is MACD. It is effective on the market trend movement. Prisma Pan monitors the difference between the dynamics of the currency pair price and the indicator readings. In other words, the indicator that we are considering today allows us to determine […]

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