Blog

https://fxbotreview.com/blog/

Blog about Forex Trading

Newcomers to the forex market often experiment with new techniques and methods to generate profits at the lowest possible cost. To do this, they use expert advisors – tools that can automate a trader’s work. Better automation tools get into the ratings, which allows you to choose the right software for each specific case. Why use forex robots? MetaTrader 4, which was first introduced 15 years ago, is in demand among traders today. During its ten years on the market, the platform has gone through many improvements, making it a leader among competitors. As a result most of today’s Expert Advisors are developed specifically for MetaTrader 4 and Metatrader 5 as well. Let us outline the main reasons why it makes sense to use the forex trading robots: – simplification of trading, which is suitable for beginners; – Increase of profitability without additional investments; – Optimization of work processes; – Use of new trading strategies and tools. Often, new traders start their trading experience with a demo account. This is a convenient way to try out different strategies and tools and gain experience and knowledge. When working with a real account, it is recommended to find a reliable Forex Expert […]

Correlation – the degree of dependence of quotes among themselves. This is a statistical coefficient that shows the dependence of assets among themselves. A strong direct correlation means that quotes react almost equally to a particular event. One-way traffic can move with a slight delay – some strategies are built on this point. A strong inverse correlation means that quotes move in opposite directions relative to each other. The level of correlation between quotes can be approximately calculated using the correlation calculator. Asset correlation calculation for trading system development Correlation can be positive or negative. Correlation can also be stable and unstable – you can read more about how these types differ and how to use them in trading systems in the review “Using Correlation and Calculators”. To assess the relationship of financial instruments with each other, a coefficient is used. It is measured in shares corresponding to a percentage. 100% – corresponds to the value of the coefficient “1” and means a positive correlation. Quotes of such assets equally and simultaneously react to an event and have almost the same movement schedule on a fixed time interval. -100% or “-1” is a negative correlation, which means a completely opposite […]

Intro. Will $500 a day change your life? А 1000$ ? Many people dream of getting that kind of money at least monthly, not to mention that the income was at least regular. But still there are some who manage to save money and start thinking about investing or buying something serious, which would help to have a passive income and live on a small income. I’m not talking now about investments at the stock exchange, various investment funds and even about cryptocurrency. Since my site still has a certain theme and I gather different information about trading robots, indicators, signals from various testers and so on. I have gained some experience in assessing and validity of each product on my site, and without condition I can vouch for my words all that I have, I have not a single bought post or comment on my entire site. All there is, it was created by me and you have visited this resource.   Of course I’ve been trying to become a competent trader for several years now, and I dream that someday I will gain enough knowledge and skills to not worry about my future life and have a stable […]