A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate. Executed between two parties directly and not forex-definition by a third party.
Executed via automated order matching system for foreign exchange dealers. Executed via a single-bank proprietary platform or a multibank dealing system. These systems are generally geared towards customers. Examples of multibank systems include Fortex Technologies, Inc.
Want to earn in the Market? User Memo to learn more about the unique services that we offer to traders: copying trading signals, custom applications developed by freelancers, automatic payments via the Payment System and the MQL5 Cloud Network. Loss and the total result of 500 candle trades. Sell alerts, push alerts, email alerts, and visual on-screen alerts. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Set R1, R2, R3 and S1, S2, S3 to true to show pivots supports and resistances levels.
About us Analytical Trader team is composed by a VSA trader who trades in forex, stocks and commodities since 2008 with success. He’s also a graduate in Physics currently taking a Msc. 5 looks different than MACD does in most other charting software. 5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. 5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. Every good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range?
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. The indicator displays the probable support and resistance levels. The indicator defines the Bullish and Bearish Engulfing Bar.
They are reversal Price Action signals. This means that engulfing bars can beused to capture potential reversals in the market. Engulfing Bars can be playedwith or against the trend. For an engulfing bar to be valid it must fully engulfat least one previous bar or candle. This includes all the body and the wick. 36024 This indicator obeys the popular maxim that: “THE TREND IS YOUR FRIEND” It paints a GREEN line for BUY and also paints a RED line for SELL.
It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. MA Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover. When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart.
Three colors RSI that marks the normal, oversold and overbought levels. Welles Wilder in his famous book New Concepts in Technical Trading Systems in 1978. Please, check my other products in MQL5 Market: Forex Combo System 4 in 1Smart Scalper PRO GOLD Scalper PROBF Scalper PROGrid Master PRO The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. Trend Line represents the presumed lower or upper volatility limits of the current market trend. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings.
The indicator plots a trend channel using the technique by Gilbert Raff. The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support lines, respectively. As a rule, most movements of the price occur within a channel, going beyond the support or resistance line only for a short time.
VR Donchian – a classic indicator of the Donchian channel built on the tops of local maxima and minima, developed by Richard Donchian, is a variation of the rule of breakdown of the trading interval This indicator is considered one of the most effective tools for determining a trend or a flat, as well as a general current trend in the market. The indicator works according to the main classic rules for determining the trend. This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. Advanced Stochastic Scalper Free is a professional indicator based on the popular Stochastic Oscillator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market.
Resistance Zones Indicator Features For Forex trading only. Can be used on any currency pairs. Not tested on Gold, Silver, and binary options . Best timeframe is H1 This is an efficient tool for both novice and experienced traders. Signal The indicators gives the following 2 specific zones High Zone – the green rectangle in the chart.