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Technical analysts aim to identify prevailing market directions so that they can have a clearer picture as to whether the price is in a bullish (rising) or a bearish (falling) trend.
The majority of technical analysts use methodologies such as candlestick patterns, and indicators like the stochastic oscillator, MACD, RSI and trend channels.
Click below and view the main indicators used when trading the markets.
Expert Advisors (EAs) are advanced software scripts on the MT4 platform that can execute trades automatically, thus eliminating any human interaction.
EAs can perform spot trading, scalping, and hedging, as well as other automated strategies.
Click below and become familiar with Expert Advisors.
A successful strategy enables a trader to minimize losses and capture steady profits throughout time.
Trading is made easier using tools, such as a trend following, trend confirmation, overbought and oversold levels, and profit or loss (risk management) parameters.
Click below and view some trading strategies.
Our simple, user-friendly forex glossary will help you understand different terms of the forex market.
It provides clear definitions of basic forex terms that are useful when trading financial instruments.
Click below and view forex terms and definitions.