Library of Trader

What is a Currency Strength Indicator MT4? A technical indicator that assesses the relative strength of currencies is the currency strength indicator The currency strength indicator MT4 aims to display the absolute strength of major currencies to find sudden price movements. >> Related article: How to Create MT4 Expert Advisor: MT4 Basic and How to Use EA What Is the Function of the Currency Strength Indicator MT4? The meter takes readings from every forex pair in the last 24 hours and applies the calculations to each pair...

1. Getting Started These are the top 5 butterfly spread option strategy, always chosen by the professionals for maximizing their profits in a neutral market. Unlike trading equity in more traditional financial markets, options trading utilizes a form of derivative contracts that grants both buyer and seller new approaches to making profits. However, trading with this kind of financial instrument is not something that is too common and intuitive for any trader to understand. 2. Butterfly Spread Definition...

Options trading can be very confusing for those without a background in finance. There are several terminologies that are challenging to comprehend. The two biggest ones are CE and PE. When you first begin to learn options trading. What is CE and PE in stock market is a common question that everyone has? What is C.E. in the Stock Market? C.E. stands for Call European and is a short form of the Call Option. These kinds of investment agreements give the option investor the choice, but not the duty,...

1. What is the Fibonacci retracement in trading and how does fibonacci retracement work? Fibonacci retracement levels (Fib retracement levels) is a technical analysis method used in finance to determine support and resistance levels. This powerful tool is named after a sequence of numbers produced by a famous mathematician Leonardo Pisano (1170-1250), aka Fibonacci. The Fibonacci sequence of numbers is described as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610…, in which each number is simply the sum of two preceding ones and hence the series is infinite...

Trading with multiple time frames allows the trader to increase the probability of winning trades and reduce the risk. This concept involves observing different timeframes for the same asset, determining the overall market direction on the higher time frames, and then looking for entries on the lower timeframes. What Is Multiple Time Frames Analysis? Multiple Time Frames is the analysis that is tracking a currency pair in different time frames. Larger time frames (three different time periods) for long-term trend-setting, allow for a wide enough reading in the market...