Heiken Ashi and Commodity Channel Index (CCI) are very interesting and popular forex indicators. There are many trading strategies that are based on these two indicators. But in this article, we will explain how to combine both to trade in forex with higher precision. What is Heiken Ashi? Heiken Ashi is a Japanese trading indicator that means "average pace". Heiken Ashi charts resemble candlestick charts but have a smoother appearance as they track a range of price movements...
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The most attractive criterion for traders of Forex compared to other financial instruments is that it can give them much higher leverage than what stocks could give. While the term "leverage" is not an uncommon word, few recognize its meaning, how it works, and how it can directly impact their final results. Forex markets can also handle the concept of using other people's money to enter a transaction. Using borrowed capital for trading has benefits but ...
A contract for difference (CFD) allows you to trade a stock, index, crypto, or commodity without owning it. When you trade a CFD, you simply make (or lose) the difference between the price you bought it at and the price you sell it at. Why have CFDs quickly become one of the preferred ways for investors in the financial markets to trade? Because they: Are easy to access with limited starting capital Have built-in leverage (you can take trades greater than the value of your account size, making...
RoboForex's team puts a lot of effort into the development of the company’s trading platforms, services, and financial products offered to their clients. They are very delighted to announce that this year the company’s activities were highly appreciated by the acknowledged experts in the industry. RoboForex received two prestigious awards The company was recognized as the “Most Transparent Broker” and the “Most Trusted Broker”.
It’s been a strong start to the week in the crypto markets, with the price of Bitcoin again rising above $31,000 after nine weeks of losses. The leading cryptocurrency has rallied more than three percent at a time this morning. Can it sustain the momentum? Other major cryptocurrencies have performed even better, albeit having experienced more volatility over recent weeks. Cardano has done particularly well, rising 25 percent over the past 24 hours.
FXAutomater have added the parameter MaxSpreradExit in Smart Scalper PRO by request of their users. The parameter is used to control closing the trades and avoid closing the trades when the current market conditions are not good. Especially when the current spread is greater than MaxSpreadExit. For example, if you set MaxSpreadExit=5 the EA will close the trades only when the spread is equal to or lower than 5 pips.
XM now offers a two-tier bonus on your deposit, which is combined to give you a considerable $5,000 on top of your investment amount, giving you the ability to start trading with more capital. Instant credit on your deposit Applied to deposits from just $5 Available for MT4 and MT5 accounts non-withdrawable bonus What is the Deposit Bonus is a two-tier bonus offering 50% up to $500 and 20% up to a maximum combined bonus amount of $5,000, or currency equivalent.
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Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.