Search results

Synthetic indices are financial instruments that simulate the price movement of various underlying assets, such as stock market indices, commodities, or currencies. These indices are created by financial brokers or platforms to offer traders exposure to the price fluctuations of these assets...

TradingView is widely regarded as one of the best charting platforms in the world for traders. It offers a comprehensive range of features and tools that cater to both beginner and advanced traders. Here are some reasons why TradingView is highly regarded: User-Friendly Interface: TradingView...

MetaTrader 4 (MT4) is a popular trading platform widely used by forex traders around the world. It offers a range of features and tools to facilitate efficient and effective trading. Here are some key aspects of MT4: User-Friendly Interface: MT4 provides a user-friendly interface with...

There are various forex trading strategies that traders employ based on their trading goals, risk tolerance, and market conditions. Here are some commonly used forex trading strategies: Trend Following: This strategy aims to identify and trade with the prevailing market trend. Traders use...

The best way to use forex indicators depends on your trading style, preferences, and the specific indicators you are using. Here are some general tips to consider: Understand the indicator: Before using any indicator, take the time to understand its purpose, calculation method, and...

No, it is not possible to start forex trading without a broker. Forex brokers act as intermediaries between traders and the forex market. They provide access to trading platforms, facilitate order execution, offer leverage, and provide other essential services for trading currencies. Here are a...

Trading without experience can be challenging and risky. Experience plays a crucial role in developing the necessary skills, knowledge, and intuition to navigate the complexities of the financial markets successfully. Here are a few points to consider: Education and learning: It is essential...

Trading forex without indicators is a strategy known as price action trading. Price action trading involves analyzing and making trading decisions based solely on the price movement and patterns of a currency pair, without relying on technical indicators. Traders who adopt this approach study...

Non-repainting indicators in forex refer to technical analysis tools that do not change or repaint their past signals once they have been generated. Repainting occurs when an indicator adjusts or changes its previous signals based on new price data, which can lead to misleading or inaccurate...

The winning percentage of traders using the ICT (Information and Communication Technology) trading strategy can vary greatly, as it depends on individual traders' skills, experience, and adherence to the strategy. It is important to note that the success of a trading strategy is not solely...

When trading synthetic indices, incorporating Information and Communication Technology (ICT) and Smart Money Concepts (SMC) can be beneficial. ICT tools such as trading platforms, algorithmic trading systems, and data analysis software enable efficient market monitoring, faster execution, and...

The concept of "smart money" is crucial in forex trading. Smart money refers to institutional investors, hedge funds, and other large market participants who possess significant resources and expertise. By analyzing their actions and market positioning, retail traders can gain valuable insights...

MetaTrader 5 (MT5) and MetaTrader 4 (MT4) are popular trading platforms, but they differ in several aspects. MT5 offers more advanced features than MT4, including a wider range of order types, additional timeframes, and improved technical analysis tools. MT5 supports more asset classes...

Okay.

Do you have the back-tested result?

Nice one

Give us more details on subject matter please.