Author: rcanessa - Page 20

TRIX Indicator for Metatrader 4 – Free MT4 Indicator

In this article, we are going to show a modified indicator for Metatrader 4 that allows adding the Trix indicator to the price charts on this trading platform. Initially we explain what is the Trix and how it can be used to analyze the market and trade. Later we will show the most common strategies to trade with this technical tool and finally, we include the modified indicator for download, along with its setting parameters.

Before we begin, we want to point out that as with any other technical indicator, the Trix and its signals should not be used alone to make important decisions regarding our trades. It is recommended to use a set of analysis tools (a complete trading system) that provide an overview of what is happening in the markets.

Bullish Doji Star Candlestick Pattern

by rcanessa

The candlestick pattern Bullish Doji Star is a trend reversal formation that occurs in bear markets and all timeframes, which indicates that there is a certain probability that a change will occurs from bearish to bullish trend. This is a pattern with an average level of reliability, which can be identified as follows:

The previous trend in the market before the pattern appears is bearish.
In the first period a long black candle is formed
In the second period a Doji is formed with a bearish gap in the price.
Doji shadows (upper and lower) are not extensive.

How can I learn to maximize profits and minimize my losses in trading?

by rcanessa

There are certain facts that have remained strong in recent years in connection with trading. Experienced and successful traders point out that, despite being able to develop trading strategies with high probability of success that allow them to enter the market at the right time through their systems signals they almost never close a position in the optimal moment.

Close the trades at the right time is one of the most challenging aspects of trading in general and for many beginning traders it is difficult to understand that the market exits are difficult to visualize and we just have to execute them as part of our trading plan. In this case, the trades must be closed according to our trading plan with no doubt and fear even if it appears that there are some pips or points that were closed for closing a position “too soon”. We may be able to achieve excellence, but perfection (as far as trading is concerned) is an impossible ambition.

Trading Strategy Based on Momentum Changes in Different Time Frames

by rcanessa

Certainly the approaches to trade in the financial markets are numerous and varied. Many traders base their strategies on the fundamentals of supply and demand while others use more technical tools such as moving averages, price oscillators and other. In this article we study an interesting approach based on market momentum interpreted through the RSI indicator.

First of all we will indicate that the markets are indeed driven by changes in supply and demand. However, these changes are not always due to the publication of news and relevant market indicators or related events. Sometimes the markets move in one direction or another due to different factors that can not be predicted by fundamentals, such as a correction when a trend starts to run out. This is where certain indicators such as the RSI can be useful.

How to choose a Forex Signal Provider?

by rcanessa

Before choosing a Forex signals provider and spend our money paying for their signals, we must take into account a number of important factors since the offer of this kind of services is quite important and each of these services has a number of features both positive and negative which should be assessed in advance.

In this article we will provide a few tips that should be taken into account when selecting a good Forex signal provider that allows us to invest more safely in the Forex market:

Kraken Review 2025 – The Safest Cryptocurrency Exchange

by rcanessa

Kraken -It is one of the safest cryptocurrency exchanges -It offers more than 130 pairs of cryptocurrencies. -Low trading commissions Visit Kraken Website Kraken is a popular cryptocurrency exchange where you can buy bitcoins as well as cryptocurrency pairs to speculate. Among the crypto asset trading platforms, Kraken is one of the most famous and popular, with more than 4 million … Read more

Bitcoin is a myth, says Central Bank of France

by rcanessa

Bitcoin does not perform the functions of the currency well, according to the French central bank.
The so-called stablecoins and CBDCs are also addressed in the study.

The central bank of France states in its most recent newsletter, dedicated to means of payment, that Bitcoin has not fulfilled its initial proposal to “replace legal currencies.” In the document entitled Digital currencies: from myth to innovative projects, the Bank of France also addresses stablecoins, as well as the experiments carried out by that institution with the digital euro.

The French central bank report also highlights the use of bitcoin as a “speculative investment” and to “make payments under a pseudonym, which helps protect privacy, but also facilitates the financing of criminal activities.” He even goes so far as to call Bitcoin a “pseudo-currency.”

Effects of Macroeconomic Events in the Forex Market

by rcanessa

The traders and investors that trades in the Forex market in the short term focus mainly on the most important economic news of the week and how they can affect the prices of different currency pairs in the market. This can work well for many traders, however it is also important to take into account the most important economic events worldwide. The reason is that large-scale macroeconomic events usually generate significant movements in markets. The effect results in a change that goes beyond a simple variation in prices that may last one or two days, depending on its scope and importance, and have the potential to transform the viewpoint or fundamental consensus for periods that can last for months or years.

For example, events such as wars, natural disasters, international high-level meetings, political uncertainty, and others, often have significant physical and psychological effects on the financial markets like Forex because of their rarity and their irregularity. These events can cause radical changes in the currencies value, so the trader should keep an eye on them, analyze and understand the underlying direction of the market sentiment before and after the macroeconomic event occurs, and anticipate the market reaction. All this can help investors make high profits or at least allows you to prevent major losses that could even end up with your trading account.

COVID-19 Crisis Triggers Global Debt

by rcanessa

The COVID-19 pandemic is also having dire consequences for the economy. One of the most notable effects in a large increase in public and private debt.

The world was still resentful of the great recession of 2008 when the Coronavirus health crisis erupted. With the virus spreading massively and many economies still paralyzed, states are coming to the rescue of the economy. For this, large economic stimulus programs are required, which, among other measures, include tax cuts, tax exemptions and loans on favorable terms.

Trying to avoid the fall of strategic companies, to support small entrepreneurs and to avoid a fall in the income of the most affected workers, the governments issue debt to obtain the necessary financing.

Shelley: user rewards, decentralization for Cardano

by rcanessa

Shelley introduces in Cardano a new consensus algorithm based on Proof of Participation (PoS).
ADA token owners will be able to earn rewards for block production.

Decentralization has come to Cardano from Shelley, one of its most anticipated forks of 2020.

After almost a month of delay, the community finally witnessed yesterday the launch of this latest update. It allowed the Cardano blockchain to leave behind its centralized network scheme, known as Byron, to begin charting a new, more decentralized path with Shelley.

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