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I need this indicator, if anyone having please let me know or pls share here.
this is the Mt4 indicator link - https://www.mql5.com/en/market/product/27597#!tab=overview
Renko is a type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, "renga". A renko chart is constructed by placing a brick in the next column once the price surpasses the...
Japanese rice traders developed candlesticks centuries ago
to visually display price activity over a defined trading
period. Each candlestick represents the trading activity for
one period. The lines of a candlestick represent the opening,
high, low and closing values for the period...
Support & Resistance systems are designed for sideways or directionless markets, and
they typically have the following attributes:
. They buy low and sell high in an attempt to take advantage of the sideways price
movement characterizing directionless markets.
. They have a high number of...
What is chart pattern?
In the world of technical analysis, right next to support/resistance and trendlines, chart patterns are a core building block. Some outsiders to technical analysis consider this realm of technical analysis to be so esoteric and "mystical" that it turns them off. This is...
EUR/USD is below 1.1350, off the highest levels since March. The ECB's €600 billion top-up program is boosting the currency but the dollar benefits from demand ahead of the US Non-Farm Payrolls, Lets hope for the best.
Major banks expects a employment drop of 8-10 million and the consensus is very weak (-8 million) and the unemployment rate will be around 20% for the month of may.
Hope USD recovers soon !!!
As the USD is getting weaker day by day, almost all the major pairs are ahead of usd and making it worse, even when most of the usd datas are good, today(Friday 05/06/2020) there is a news/data which will be usually shared on first Friday of every month NFP may be a game changer. As the...