There are two main versions of MetaTrader: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 was released in 2005 and is the more widely used version. MT5 was released in 2010 and is an updated and more advanced version of MT4.

The Adaptive Price Zone (APZ) is a technical indicator used to identify potential overbought and oversold conditions in the market. It was developed by Lee Leibfarth to adapt to changing market volatility, making it more responsive in dynamic trading...

A hook reversal is a technical analysis pattern that signals a potential trend reversal in the market. It occurs in both bullish and bearish scenarios and is typically observed after a strong price movement, whether upward or downward.

An at-the-money (ATM) strike price is a term used in options trading to describe a strike price that is closest to the current price of the underlying asset. In other words, it is the strike price where the market price of the underlying asset is...

Scalping is a trading strategy that involves making multiple trades in quick succession to take advantage of small price movements in the market. To identify profitable opportunities, scalpers often rely on various technical indicators and analysis...

The integration of robotics in the forex (foreign exchange) market has brought numerous advantages, revolutionizing the way trading is conducted. Firstly, robotics enhances efficiency and accuracy in forex trading. With advanced algorithms and...

The Relative Strength Index (RSI) is a widely used technical indicator that can assist traders in identifying overbought or oversold conditions in the market. To trade profitably with the RSI, there are a few key strategies to consider.

An economic calendar is a tool that provides information about upcoming economic events and indicators, and is widely used by traders, investors, and analysts to stay informed about market-moving events. The key indicators commonly included in an...

A flag chart pattern in technical analysis is a continuation pattern that occurs when the price of a security moves sharply (the flagpole) and then consolidates within a small, parallel range (the flag) before continuing in the direction of the...

A simple moving average (SMA) and an exponential moving average (EMA) are both commonly used techniques in data analysis, but they differ in terms of their calculation methods and the weightage assigned to data points.