Finding the best time to trade forex is one of the top priorities for any trader. While the market runs 24/5, thinking that every hour offers the same profit potential is a common mistake. Trading during quiet market lulls is like trying to sail a boat with no wind –...
Most Forex traders know the feeling of a traditional moving average reacting too slowly to a sharp price move. To solve this, indicators need to adapt more quickly to the market's rhythm. A tool designed specifically for this purpose is the range weighted moving average (RWMA), a dynamic indicator that...
Have you ever opened a TradingView chart only to find it squeezed, making price movements nearly impossible to analyze? This common issue often stems from indicator horizontal lines (hlines) interfering with the autofit pricescale. This article will guide you on exactly how to exclude hline from autofit pricescale on an...
In the dynamic world of forex trading, success isn’t just about predicting market direction, it’s also about managing trade size effectively. A crucial component of this is understanding lot sizes. Whether you're a beginner exploring micro lots or a seasoned trader scaling positions with standard lots, knowing what a "lot"...
Using tools like Autochartist on the MetaTrader 5 (MT5) platform is an effective way to automate technical analysis and save time. It helps scan the markets for potential opportunities without you having to constantly watch the charts. To get the most out of this tool, you first have to know...
Understanding the forex market structure is essential for any trader aiming to improve their trading skills and make informed decisions. The market structure forex provides a framework that reveals how price movements form patterns, where key support and resistance levels lie, and how different participants interact in the market. In...
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