The Quantile Bands MT4 Indicator attempts to divide the market into equal pieces using quantiles. Those quantiles are displayed by the two outer bands. Using the standard settings of the indicator, those bands show the 10% and the 90% quantiles. Using for example the 10% quantile in this context means that 10% of all values … Read more
How to choose the right forex broker is one of the most important tasks for a beginner trader. Choosing a forex broker that is right for you and your investment needs can be a challenging task. Since there are so many online brokers today, choosing between them is like selecting an insurance agent. What to … Read more
Why learn forex trading and how does it work? This has become an increasingly popular topic in recent years as more people look for alternative ways to make some extra money. However, it takes a lot of practice, dedication, and discipline to get to the point where you can make consistent profits from it. In … Read more
The DSS (Double Smoothed Stochastic) indicator applies Exponential Moving Averages (EMAs) of two different periods to a standard Stochastic %K. The components that construct the Stochastic Oscillator are first smoothed with the two EMAs. Then, the smoothed components are plugged into the standard Stochastic formula to calculate the indicator. How to trade the indicator: DSS … Read more
The Trade Exposure indicator shows a table of open positions within a sub-window below the main trading chart window and lets you see profit and loss values for all your open positions in one place. This allows you to see your open positions and your running profit/loss for each position at a glance. This can … Read more