In trading, confluence pertains to having several strategies, signals, indications or trade setups that indicate that price is moving in a certain direction. There are several sources of indications regarding... Read more

Most traders are guilty of being perfectionists. Traders are always on the look out for the best indicators and the best trading strategies in the effort of constantly improving their... Read more

Most people who are not into forex trading believe that forex trading is something that is very difficult and only the intellectually gifted can do. While it is true that... Read more

Momentum trading is one of the most viable ways to trade the forex market. In fact, there are many professional profitable traders who include momentum as part of their main... Read more

There are two strategies that are at the opposite sides of the spectrum – trend following strategies and mean reversal strategies. The two strategies seem like exact opposites. Trend following... Read more

Introduction to the Stochastic Momentum Index Blau SMI Indicator The Stochastic Momentum Index (SMI) was developed by William Blau, which is a smooth oscillator based on the Stochastic Momentum Indicator.... Read more

Most traders know about momentum trading, trend reversals and trend following trading strategies. However, many traders overlook mean reversal trading. This is because mean reversal trading strategies often do not... Read more

It’s difficult to determine a definitive list of the “best” indicators for MetaTrader 4 (MT4), as different traders may have different preferences and needs when it comes to technical analysis... Read more

MetaTrader 4 (MT4) is a trading platform developed by MetaQuotes that is widely used by forex and CFD traders. It offers a range of advanced charting and analysis tools, as... Read more

MetaTrader 4 (MT4) is a popular trading platform for forex and CFD traders. It offers a range of advanced charting and analysis tools, as well as the ability to automate... Read more