This question might be too general, but it is quite important. What is the source from the volume data? If we speak about stocks it is quite easy - it would be the actual volume traded on particulr exchange or group of exchanges (like it works in US). But what happens at Forex? Since the market is ...

By the way, which main levels should one use for RSI? I`ve found several opinions on this. The most common are 30 and 70, but someone use 20 and 80. To my mind, the latter combination would help to reduce the number of false breakouts while providing less trading signals. At the same time, the first ...

My favorite indicators are RSI and VWAP. First one works great for the instruments moving inside the range and helps to avoid opening trades at the end of the movement. At the same time, it could provide wrong signals in case of strong trend movement. It is better to use RSI for commodities when ...

By the way, is it popular among the traders to use the strategies based only on indicators?
It could be difficult to create a strategy like that, but at the same time it would be easy enough to "explain" such strategy to the machine and create a robot.

There could be different approaches to find the breakthrough confirmation. For example, the most simple is the rule of closing above (below). You can also use additional indicators (different MAs work quite well for such purpose).

Oh, it seems that there would be less offshore brokers...
At the same time, this process is predictable. The Forex becomes more and more regulated, and it is good for retail traders.

As for me, the best reversal indicator is RSI. Of course, you should not open position using only the idnicator, but it works great to confirm the resersal entry zones. For example, you can use it when the price crosses the trendline. There is a great article about RSI here ...

Yeah, I like that avatar too) As I`m interested in strategies mostly based on TA, I`m looking for somtheing that could make this process simple. Tradingview seems to be interesting, but now they impose new restrictions on free version. For example, it is impossible now to use multiple charts just by ...

Hi everyone, Back testing on historical data seems to be vey interesting and useful. It helps traders to find out whether the strategy would be profitable or not, detect the weak point of their strategy and fix them. At the same time, it is quite difficult to find reliable information about back ...

Actually, the idea to use mobile platform as the main trading tool is not so good at all. You need to have big enough screen to be able to see the full picture, to analyse situation. As for me, there are three main scenarios, when mobile platform is necessary: 1. To watch current mid-term positions ...