So far this year BTC has advanced 81% while gold has fallen 7.7%. Large investors are shifting their positions in gold to investments in bitcoin. As bitcoin continues in an upward cycle, which has intensified in this year 2021, its position against gold as a store of value asset strengthens. The precious metal has fallen [...]
Kagi Charts for MT4 In this article we present a modified technical indicator for Metatrader 4 that allows to display Kagi charts on the regular price charts of this platform. Therefore, it allows traders to correct the deficiency that Metatrader presents in terms of less common types of charts such as the Kagi, whose popularity [...]
The 1-2-3 pattern is a classic trend reversal price formation that occurs in all markets and can be observed in any time frame. It has stood the test of time thanks to its reliability, which is high compared to other chart price patterns. In fact, many trading strategies today are based on this chart pattern. [...]
The Forex and CFD broker FBS is hosting a trading tournament for all its clients in celebration of its 12th anniversary with a total of $1,200,000 in prizes. This competition will take place between February 1 and July 1, 2021, in four rounds of one month each (three regular rounds and a Grand Final). Among [...]
Three Line Break charts were invented in Japan and are similar to Renko and Point & Figure charts. One trader from Japan described Three Line Break charts as a “more subtle form of Point & Figures charts, where reversals of price direction are decided by the market and not by arbitrary rules”. One of the [...]
Introduction Scalping is a very popular trading style because it allows obtaining multiple profits with short term trades and can be used in practically any asset and financial instrument. Likewise, it does not require a deep knowledge of fundamental analysis (although it is always convenient to take these events into account) or technical analysis. In [...]
The Forex broker FBS, a regulated online forex and CFD broker, is offering a new promotion for all its clients in 2021 consisting of a free bonus of $140. This promotion, called LEVEL UP BONUS, does not require the trader to make a prior deposit and allows all the company's clients, new and existing, to [...]
In this article we are going to present a technical indicator designed for the Metatrader 4 platform which displays the QQE (Quantitative Qualitative Estimation) indicator below the price chart of any trading instrument that we are analyzing, be it a currency pair, a precious metal, an index or a stock. At the end of this [...]
Source: Reuters Investors request amendment in SEC case against Ripple. They say that US exchanges are set to suspend XRP trading, which is going to hurt them economically. A group of investors in the cryptocurrency XRP filed a petition in the Rhode Island District Court, requesting a mandamus order or injunction against the [...]
Calculating the mathematical expectation of a trading system is one of the first things that should be done to know if the system is capable of making money in the long term. Having a positive mathematical expectation is an indispensable condition that any moderately reliable system must meet. The mathematical expectation measures the amount that [...]