In the world of trading, where every decision could be the difference between success and failure. Energetic environment like this, having the right tools and strategies is essential. That's where…
Predicting stock prices accurately is a coveted skill in financial markets. Traders and investors always seek reliable tools and strategies to give them an edge. One such aid that has…
Price charts can be just as bumpy in the trading world, with constant ups and downs that obscure the underlying trend. This is where moving averages come in, acting like…
The indicator is a bot in MT5 that runs on MetaTrader 5 platform to generate signals, plot lines and draw arrows. This indicator can be either an ex5 file or…
If you are an MQL5 programmer or a forex trader trading on MetaTrader 5 you will encounter an error ‘Error 4756’ (MT5 ERR_TRADE_SEND_FAILED Error 4756). It appears during testing your Expert…
What is a Magic number in Forex? A magic number in Forex is a unique identifier adjusted in Forex EA settings, allowing an Expert Advisor to identify its trades. It’s like a CNIC…
Copy trading in forex is a form of automated trading (forex trading performed by an Expert Advisor) where forex traders can mirror the trades of other successful traders by receiving the…
What are lots in Forex? In forex trading, 1 lot equals 100,000 units of the base currency. For example, if an investor enters a long 1 lot EUR/USD trade, they…
What is Margin in Forex Trading? Margin trading in forex is a popular and widely used investment strategy that allows forex traders to amplify their profits by using borrowed funds.…
The News API in MetaTrader MT5 is a very important API that enables traders to analyze news events and trade accordingly. The high-impact news events cause significant price disruptions and…