radex78 Posted October 11, 2023 Share Posted October 11, 2023 Indicators is like tool box to help traders make an analysis market, before using indicator we need to understand these indicator, what is indicator, how it work, how to use them, function features, etc, so traders can use indicator and benefits from it, and understand types indicator also important whether indicator including lagging indicator or leading indicator. Quote Link to comment Share on other sites More sharing options...
nanamage Posted November 13, 2023 Share Posted November 13, 2023 Sure thing! Yeah, the Forex market is huge, and it keeps going, giving traders some cool chances. Technical stuff like moving averages or RSI helps figure out where prices might go. Getting the hang of it can be a bit tricky, but if you get the basics, you're set for handling the currency market like a boss. Keep learning and digging into all things trading – I use online trading education tools from FreshForex to keep growing in this trading world. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted February 26 Share Posted February 26 To effectively use forex indicators, select a few that align with your trading strategy and objectives, avoiding cluttering charts with unnecessary indicators. Understand the signals generated by each indicator and how they relate to market conditions, such as trend direction or momentum. Exercise patience and discipline, waiting for clear signals and confirming them with other aspects of technical analysis before executing trades. Quote Link to comment Share on other sites More sharing options...
michel Posted March 17 Share Posted March 17 I am looking for advice. I’ve been looking at CheaperForex (https://cheaperforex.com) for my automated trading needs. I'm curious about their services, especially since their website seems to offer affordable expert advisors and indicators for MT4. Can anyone share their experience with them? Also, do they accept PayPal as a payment method? Quote Link to comment Share on other sites More sharing options...
michel Posted March 17 Share Posted March 17 Eagerly waiting Quote Link to comment Share on other sites More sharing options...
boltushkin Posted March 24 Share Posted March 24 On 10/12/2023 at 12:35 AM, radex78 said: Indicators is like tool box to help traders make an analysis market, before using indicator we need to understand these indicator, what is indicator, how it work, how to use them, function features, etc, so traders can use indicator and benefits from it, and understand types indicator also important whether indicator including lagging indicator or leading indicator. To use Forex indicators with HotForex, log in to your trading account, access the platform (such as MT4 or MT5), and open the chart of your desired currency pair. Then, locate the indicator menu, add your chosen indicators to the chart, and adjust their settings as needed. Finally, interpret the signals generated by the indicators to inform your trading decisions and execute trades accordingly. Quote Link to comment Share on other sites More sharing options...
radex78 Posted March 25 Share Posted March 25 5 hours ago, boltushkin said: To use Forex indicators with HotForex, log in to your trading account, access the platform (such as MT4 or MT5), and open the chart of your desired currency pair. Then, locate the indicator menu, add your chosen indicators to the chart, and adjust their settings as needed. Finally, interpret the signals generated by the indicators to inform your trading decisions and execute trades accordingly. I trade using FXOpen broker with MT4 and Ticktrader right now, usually, I use only the indicator that I need to attach to the chart, and still combine analysis-based price action and candlestick pattern, and not forget to read important update news on the calendar economy Quote Link to comment Share on other sites More sharing options...
boltushkin Posted March 25 Share Posted March 25 8 hours ago, radex78 said: I trade using FXOpen broker with MT4 and Ticktrader right now, usually, I use only the indicator that I need to attach to the chart, and still combine analysis-based price action and candlestick pattern, and not forget to read important update news on the calendar economy Ticktrader is great but still it is less efficient than MT4 in executing orders. You can compare speed and see the difference. that's why I stick to MT4 and also experiment with MT5 on HFM others platforms are less reliable for high frequency trading Quote Link to comment Share on other sites More sharing options...
radex78 Posted March 26 Share Posted March 26 16 hours ago, boltushkin said: Ticktrader is great but still it is less efficient than MT4 in executing orders. You can compare speed and see the difference. that's why I stick to MT4 and also experiment with MT5 on HFM others platforms are less reliable for high frequency trading Usage Ticktrader and MT4 have different purposes for me, Ticktrader supports multiple markets, forex, crypto, stocks, and indices, I like to trade crypto on Ticktrader, while MT4 often I use for forex trading Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 4 Share Posted April 4 I am still trading with MT4 and learning MT5 since it will be the new version from meta traders and used when they stop providing updates for the MT4. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted April 16 Share Posted April 16 Guys please help I can't choose between HFM's MT4 or MT5, what are their both pros and cons? Quote Link to comment Share on other sites More sharing options...
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