Author: rcanessa - Page 15

Stablecoins are vulnerable and can increase financial risks, says Fed

The Federal Reserve places stablecoins in the category of high-risk investments. The central bank is concerned about the lack of transparency over the assets backing stablecoins. The United States Federal Reserve (Fed) once again expresses its concerns about the risks posed by stablecoins. This time the central bank has added a warning that the risk of sudden and desperate redemptions … Read more

Euro vs dollar (EUR/USD): key concepts to invest in the foreign exchange market with CFDs

by rcanessa

In trading, there are many investment possibilities, one of them is speculation through CFDs in the Forex market, where the Euro vs. Dollar cross (EUR/USD) is one of the most valued now by traders and investors around the world.

The euro and the dollar are the most influential currencies in the market since they correspond to two great economic powers such as Europe and the United States. It should be noted that in Europe there are 19 countries that have the euro as their currency.

Before investing or trading, it is essential to be very clear about some concepts in order to follow the investment strategies in the best possible way and avoid risks to a greater extent, therefore, at ForexDominion we bring you all the information and basic concepts related to the Euro Dollar currency pair.

RoboForex Broker 11th Anniversary Promotion – $1,100,000 in Prizes

by rcanessa

Online Forex and CFD broker RoboForex, a company regulated by bodies such as CySEC of Cyprus, is celebrating its 11th anniversary with a new promotion for its clients and partners (participants in its affiliate program). This promotion consists of a series of drawings that will run over 10 months with a total prize pool of $1,100,000. All clients of this … Read more

KAMA Adaptive Moving Average Indicator for Metatrader 4

by rcanessa

In this article we present a modified indicator for Metatrader 4 designed to plot the KAMA Adaptive Moving Average on any price chart of this platform. It can be modified to show the moving average with different types of prices, such as the closing price, the opening price or the maximum price of each period. Before talking about this modified indicator, we are going to explain what the KAMA moving average is.

What is the KAMA moving average?

KAMA is short for Kaufman’s Adaptive Moving Average. This moving average is designed to automatically adapt to changing trend conditions, thanks to its calculation formula, which is similar to the one used to calculate the exponential moving average (EMA). The difference between the two moving averages is the smoothing factor K, which in the KAMA is determined by a much more complex formula than in the EMA.

Indicator of Balance of Forces Between Buyers and Sellers in All Time Frames for MT4

by rcanessa

In this article we are going to explain a modified indicator for Metatrader 4, which measures the balance of forces between buyers and sellers for each time frame, from M1 to D1, in the form of red and green histograms. This indicator is called Strength Candles, and for each time frame it shows the ratio between buyers and sellers in a range from 0 to 100%. It can be used primarily to determine the strength of the current trend.

The Strength Candles show the total balance between the buying and selling forces in percentage terms. This strength indicator does not use typical indicators such as RSI or moving averages, therefore the information is provided without any delay.

It is not an indicator that provides entry and exit signals like others. Its function is simply to inform about the balance between the forces in the market for different time frames.

Fractal Adaptive Moving Average (FRAMA)

by rcanessa

The Fractal Adaptive Moving Average (FRAMA) is an adaptive and intelligent moving average developed by John Ehlers. It takes into account and gives higher priority precisely to price changes and closely follows the price when it shows significant movements, while in range markets it remains flat without presenting major changes. It uses the fractal dimension of market prices to dynamically adjust its smoothing period.

FRAMA takes advantage of the fact that markets are fractals and dynamically adjusts the look-back period based on this fractal geometry. The actual calculation of this moving average is very elaborate and complicated. FRAMA is often used in combination with other signals and analysis techniques.

What is the hash rate and how does it influence bitcoin mining

by rcanessa

The hash rate is one of the most important concepts in bitcoin mining, surely this has been one of the first definitions that you have come across when you have investigated a little more about the mining process.

What is the hash rate and how does it influence bitcoin mining? The hash rate is the mining power that is available to process data and find the solution to the mathematical problems that keep cryptocurrencies encrypted. Thus, the hash rate refers to the speed or time it takes a miner to do the mathematical calculations to solve blocks within the blockchain.

The hash rate is essential, as it has a great influence on the security and sustainability of the Bitcoin network. Likewise, the miners’ earnings depend on the hash rate, since the higher the power, the more blocks are mined.

FBS Adds New Shares to its List of Instruments

by rcanessa

The broker FBS has announced the expansion of its list of trading instruments that includes the addition of new stocks from UK markets, which increases the opportunities for traders who want to access other markets besides Forex. In total, 30 new stocks have been added for trading, giving the investor the opportunity to further diversify an investment portfolio and earn more returns in other markets. The new shares are listed on the London Stock Exchange (LSE).

They are available for trading from 16:00 to 24:00 GMT time. At the moment, the trader will only be able to trade with these instruments on the Metatrader 5 platform, an improved version of Metatrader 4.

You can find more information about the online broker FBS and its Forex and CFD brokerage services in the following guide about this company: FBS Broker Review

Citibank creates special unit to offer bitcoin and cryptocurrency services

by rcanessa

Although no details were given yet, NFTs, stablecoins and CBDC would also be included.
Bank executives say there is increasing interest from customers

Citibank announced that it will launch a cryptocurrency and digital asset service for some of its clients. It will be called the Digital Assets Group and will operate under the Wealth Management Division.

This new service will include, in addition to the main cryptocurrencies, non-fungible tokens (NFT), stablecoins and central bank digital currencies (CBDC). The criteria for choosing the customers who can access this service have not yet been reported.

Renko Chart Indicator for Metatrader 4

by rcanessa

The MT4 platform is undoubtedly one of the most popular trading platforms among retail traders who regularly trade Forex, CFDs, and precious metals. Despite the popularity and numerous reviews of the MT4 platform, there has been little to no improvement when it comes to including other types of charts. In its current version, Metatrader only offers the classic types of price charts, that is: bar charts, japanese candlestick charts, and line charts.

Although MT4 has shown some lag in terms of chart type innovation, thanks to the large ecosystem of developers who specialize in the MT4 platform, various Renko indicators have been produced that can convert existing chart types to Renko charts.

In this article we are going to take a look at the RenkoLiveChart_v3.0 indicator which is available free of cost, indicating its advantages and disadvantages.

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