Forex Library

  • How to set TP and SL targets in Forex Trading
    Forex trading is a popular way to make money online, but it can also be risky if you don’t have a solid trading plan in place. One essential part of any trading plan is setting take profit and stop loss targets. Take profit and stop loss orders are crucial to protect your profits and limit … Read more
  • Trading Forex with Renko
    Forex investors are constantly seeking new and innovative ways to trade the markets and increase their profits. One such method that has gained popularity in recent years is the use of Renko bricks. Trading Forex with Renko charts are a type of charting tool that was developed in Japan in the late 18th century. The … Read more
  • How to use the Directional Movement System
    Forex trading is a complex and challenging field that requires the use of sophisticated tools and strategies to achieve positive trading results. One such tool is the directional movement system (DMS), which has been widely adopted by forex traders as a means of identifying market trends and making profitable trades. In this article, we will … Read more
  • How to use the ATR indicator
    The origin of the ATR indicator The Average True Range (ATR) is a technical indicator that measures the volatility of a financial instrument. It was developed by J. Welles Wilder Jr. in the 1970s and has since become a popular tool among traders in various financial markets, including Forex and the stock market. What the … Read more
  • Forex Grid Trading | Understanding the multiplier setting
    Today we’re talking about grid systems, and more specifically the importance and the impact of changing the volume exponent, also called the multiplier settings in your grid trading. We will answer the question on how changing the multiplier setting changes the behavior of your Grid Trading algorithm.
  • Grid Trading Systems | Getting Started with Forex Grid Trading
    In today’s video we will be discussing how to get started with Grid Trading Systems. Our focus is on Forex Grid Trading, but all information is relevant for using Grid Strategies on any financial instrument. We are on the cTrader platform in our session today, making use of the Adaptive Grid Blazer from Forexcove. However, … Read more

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