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  • #46
    Getting Acquainted with CCI Indicator

    Author: Victor Gryazin

    In this review, we will discuss an interesting technical indicator CCI (Commodity Channel Index). This indicator helps to find an approaching correction or reversal on the price chart.

    What is CCI needed for?

    The CCI (Commodity Channel Index) indicator was invented in 1980 by a trader Donald Lambert. The author meant his indicator for commodity markets, however, it may successfully be used on other financial markets, such as currency, stock, etc.

    The CCI indicator measures the value and the amplitude of price deviations from average values. Large CCI values mean that the price is much higher than average and small values indicate that it has fallen significantly. In essence, CCI may be attributed to the group of classic oscillators.

    The indicator helps to understand in what condition the financial instrument currently is: overbought or oversold. CCI measures the distance between the price and a set Moving Average - this is just another way to say that the indicator measures the deviation of the price from its average values.

    The CCI indicator is situated in a separate window under the price chart and consists of the main line (CCI) and two areas - oversold and overbought. The indicator values vary from -300% to +300%. At the levels of -100% and +100% signal lines are drawn, setting the oversold (from -100% and below) and overbought (from +100% and higher) areas; the central spine of the indicator is 0%.

    Calculation formula and settings

    The CCI indicator is built in most popular trading terminals. It is represented in a separate window under the price chart. In popular platforms MetaTrader 4 and MetaTrader 5, CCI is added to the price chart via the Main Menu: Insert - Indicators - User - CCI.

    For CCI calculation, you must first find the so-called "typical price".

    Read more at R Blog - RoboForex

    RoboForex team


    • #47
      Andrew's Pitchfork - Efficient Graphic Instrument

      Author: Andrey Goilov

      Andrew's Pitchfork is an instrument of graphic analysis based on the middle trendline and an equidistant channel. Unfortunately, this method of trading and analysis is not very popular among traders; however, it seems to be perfect for drawing a channel quickly and trading bounces off and breakouts of its borders.

      Many traders try to draw such channels themselves based on price movements, and ofter change the rules of drawing depending on the situation. In the case of using Andrew's Pitchfork, the rules never change, regardless of any market movements, so the trader does not need to choose or customize such channels depending on the market conditions.

      How to add Andrew's Pitchfork to the chart?

      The instrument is available in the standard settings of MetaTrader 4. To use the indicator, just click Insert on the terminal and choose Andrew's Pitchfork. Then, choose three points to draw the channel, and it will become available on the price chart.

      As a rule, the first point is the beginning of the trend, the second point is the high from which a correction has started (if we are speaking about an uptrend) and the third point is the low where the falling has stopped.

      If there is a downtrend on the chart, then the second point will be the low from which the growth has begun, and the third point will be the high where the prices reversed and falling has started.

      Read more at R Blog - RoboForex

      RoboForex team


      • #48
        Trading Forex, Futures, and Stocks by Synergy Strategy

        Author: Timofey Zuev

        Forex is quite a complicated business sphere. Hence, many traders struggle for a long time on this market. One solution that may help you yield your first stable results is a maximally formalized trading strategies, the Synergy strategy being one example.

        Description of Synergy

        This strategy may be used not only on Forex but also on futures and stock markets if there are indicators for the respective trading terminals. For Synergy, timeframes from M1 to MN are suitable, however, I would recommend using it on a longer timeframe, such as H4. I must admit that this strategy works well only on strong movements without pullbacks.

        Synergy desktop

        The desktop of the strategy looks as follows:

        1. the levels of the Trader Dynamic Index indicator; level 50 acts as a filter for Synergy signals.
        2. Market Base Line, the main line of Trader Dynamic Index, below which no signal to buy and above it - no signal to sell may form, by Synergy.
        3. Volatility Bands.
        4. Trade Signal Line, the line that crosses with the signal line most often.
        5. RSI Price Line, the main signal line of the strategy that creates a part of Synergy trading signals by crossing the Trader Dynamic Index.
        6. 5-period Smoothed Moving Average, built on High.
        7. 5-period Smoothed Moving Average, built on Low.
        8. bullish candlesticks by Heiken Ashi.
        9. bearish candlesticks by Heiken Ashi.

        A Synergy signal to buy for Forex, stocks, and futures

        As it should be in a maximally formalized strategy, all rules of opening a long position are unequivocal. Here is the list of conditions for opening a buying position by Synergy:
        • a bullish Heiken Ashi candlestick must close above the 5-day Smoothed Moving Average (High);
        • the RSI Price Line must simultaneously be above the following three lines: the Trade Signal Line, Market Base Line, and level 50 of the Trader Dynamic Index.

        Examples of a signal to buy by Synergy

        Black arrows indicate the candlesticks at the closing of which all the above-mentioned requirements were fulfilled.

        Read more at R Blog - RoboForex

        RoboForex team


        • #49
          The Woodies CCI Strategy: Trading Without Price Charts

          Author: Andrey Goilov

          This trading method, created by Ken Wood, is a very simple system. It is even said that for using this method successfully, trading by the rules suggested by the author is enough. Earlier, we described the Turtle system, in which some students had also failed to succeed because they ignored some rules and skipped signals. Here, Woodie offers a whole set of rules: the trader only needs to follow them.

          The work consists of searching for graphic patterns, drawing trendlines, and watching the breakouts of horizontal lines right on the indicator chart. I must note that we can do something similar with the RSI: we draw trendlines and receive leading signals in the case of a breakout right on the indicator chart; on the MACD, we search for graphic patterns, such as Head and Shoulders.

          Description of the Woodies CCI indicator

          Initially, the system was meant for trading CFDs, but with time traders started using it for other market types as well. Likewise, many other systems were originally designed for the stock market but are now successfully used on Forex or the crypto market.

          The system is based on two CCI indicators with different parameters. The instrument itself uses the cycles of price movements — in detail, you can read about the CCI in this blogpost. For the Woodies CCI strategy, the author takes two indicators with periods 14 and 6 and places them in one window. The first chart is called CCI and the second one — CCI Turbo. The latter is used for finding entry and exit signals.

          Defining the trend with Woodies CCI

          The system is meant for trend markets, hence, trades are opened in the direction of the prevailing trend. To define the trend, the system uses a histogram.

          If the bars are above zero and green, the trend is ascending. If they are below zero and red, the trend is descending. Note that the color of the bars does not change right after crossing zero; six subsequent bars above or below zero are required for the color to change.

          Read more at R Blog - RoboForex

          RoboForex team


          • #50
            RoboForex improves Bonus program conditions

            We’ve improved the conditions of several Bonus programs. Take advantage of additional opportunities to make your trading operations as efficient as possible.

            What improvements have been introduced?

            “Classic bonus” up to 120% of the amount deposited to your account
            • The maximum bonus amount has been increased up to 120%.
            • Restrictions on the minimum deposited amount have been removed.
            • The trading volume amount required for withdrawing the bonus has been decreased twice.

            “Profit Share” bonus – up to 60% of extra funds*
            • The maximum bonus amount has been increased up to 60%.
            • Restrictions on the minimum deposited amount have been removed.
            • The trading volume amount required for withdrawing the bonus has been decreased twice.

            * - the Bonus can’t be transferred to accounts that already have other active funds received within frameworks of other promotions.

            Conditions of joining our VIP program have been simplified
            Privileges of the “Silver” level are now available to you if you have 3,000 USD on your accounts (instead of 10,000 USD).

            Increased Cashback for Prime account holders
            From now on, RoboForex clients with “Prime” accounts will receive Cashback (Rebates) up to 10% of the Company’s commission. Before that, the maximum Cashback amount for Prime accounts was 5%.

            Improved Loyalty program for Partners
            The minimum amount of payouts within frameworks of the updated Loyalty program is 10% of the partner’s commission instead of 5%.

            Benefit from additional opportunities offered by improved Bonus programs offered by RoboForex to achieve your most ambitious trading goals!

            RoboForex team


            • #51
              Elliott Wave Theory and Practice. Part 1

              Author: Dmitriy Gurkovskiy

              If the market were a linear structure, and we could detect the end of one trend and the beginning of the next one with 99% exactness, as well as to detect the target area of its development, then trading would be the easiest and most profitable business in the world.

              Unfortunately, things are quite different. Of course, a long history of trading and market studies has taught us to define reversals more or less precisely, as well as calculate the expected length of the trend; however, for many traders, this is not enough. A great number of analysis techniques and methods helps a trader or analyst feel confident on the market; however, problems emerge when it comes to one's personal ability to apply those techniques to practice. Many do it well, but the majority, with their primitive remakes, end up stuck in a network of locks, trying to get untangled from useless positions.

              Having studied several methods and applied them to practice, many get disappointed, not receiving the desired result, but never give up and keep looking for that one precise method. Sooner or later, many come to the Elliott Wave Theory because, in it, they see that method of market structure analysis that can virtually predict the future with a high level of precision. Their hopes are not void, as experts in the theory have repeatedly demonstrated astonishing results in trading and analysis. So, this article is devoted to Wave market analysis and the Wave Theory. We will get acquainted with the history of its appearance and development, its main statements and rules of analysis.

              So, this article is devoted to Wave market analysis and the Wave Theory. We will get acquainted with the history of its appearance and development, its main statements and rules of analysis.

              History of the Elliott Wave Principle

              In the preface to his book about the Elliott Wave Principle, Hamilton Bolton wrote that he noted the efficacy of the Elliott Wave Principle in such unpredictable economic events as the depression, the great war, the recuperation after the war and the subsequent significant growth. Hence, he became sure that the Principle had fundamental significance.

              The one to discover the wave principle of market development and formation was a US economist Ralph Nelson Elliott. Due to an illness that made him remain in bed, he could not find a decent occupation for a long time and got interested in technical analysis for trading on the stock market.

              After a long period of studies, in 1938, he published a book called "The Wave Principle", in which he described the basics of the principles of market movement formation that he had discovered.

              Read more at R Blog - RoboForex

              RoboForex team


              • #52
                RoboForex enhances conditions of working with ECN-Pro and Prime accounts

                Throughout the entire year of 2020, you will have the opportunity to trade at RoboForex on the best conditions! You can choose from two types of accounts, which meet the requirements of the most sophisticated traders.


                This account type is intended for experienced traders, who require the highest possible speed and best quality of processing of each order under any market conditions.
                • Spreads are now similar to Prime accounts (from 0 pips).
                • Minimum deposit from 10 USD.
                • Maximum permissible leverage is set to 1:500.
                • Commission 20 USD for the trading volume of 1 million USD.
                • Trading instruments - 36 currency pairs, Cryptocurrencies, Metals, CFD on US stocks, Indices, and Oil.
                • Trading platforms and terminals - MetaTrader 4/5, cTrader.


                Trading accounts for "advanced" traders with the best trading conditions available at the company.
                • Tight spreads from 0 pips.
                • Minimum deposited amount is now 100 USD (instead of 5,000 USD).
                • Maximum permissible leverage is set to 1:300.
                • Commission 15 USD for the trading volume of 1 million USD.
                • Trading instruments - 28 currency pairs, Cryptocurrencies, Metals, CFD on US stocks, Indices, and Oil.
                • Trading platforms and terminals - MetaTrader 4.

                Take your trading operations to a brand new efficiency level!


                RoboForex team


                • #53
                  Forex Bonuses and How to Get Them?

                  Author: Victor Gryazin

                  To enhance their popularity and attract new clients, many broker companies offer various bonus programs. Bonuses are meant for receiving additional finances or making your trading conditions better. In this review, we will discuss several interesting bonus programs provided by the RoboForex broker company.

                  What is to be known about bonuses on Forex?

                  A bonus is a sum of money that the company deposits on your account at certain conditions. There are various types of bonuses: welcome bonuses, bonuses for depositing your account, money turnover, and others. Thanks to bonuses, you can try Forex without investing substantial sums.

                  First of all, bonuses seem attractive to beginner traders, but experienced players are also happy to use them – receiving additional income from a large number of trades, for example. Bonuses provide the trader with additional opportunities for making money on the market. You should study the conditions of bonus programs carefully and decide, which type suits you most.

                  Types of Forex bonuses

                  Let us discuss the three main types of Forex bonuses.

                  Welcome Bonus of 30 USD


                  This is a bonus for new clients of the company. It is available to anybody provided that they have not yet participated in bonus programs of receiving seed money. The size of the bonus is 30 USD or 3,000 cent for cent accounts. The money may be used for trading without limitations.

                  Read more at R Blog - RoboForex

                  RoboForex team


                  • #54
                    RoboForex: changes in trading schedule (Easter holidays)

                    We’re informing you that due to the Easter holidays in the USA and the European countries, Catholic Good Friday and Easter Monday, there will be some changes to the trading schedule*.

                    MetaTrader 4 / MetaTrader 5 platforms

                    Trading schedule on metals (XAUUSD and XAGUSD), US indices (US500Cash, USTECHCash, US30Cash), and CFDs on oil (WTI, Brent)
                    • April 10th, 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on US Stocks
                    • April 10th, 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on the DAX index (DE30Cash)
                    • April 10th - 13th, 2020 – no trading.
                    • April 14th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on Russian GDRs
                    • April 10th - 13th, 2020 – no trading.
                    • April 14th, 2020 – trading starts as usual.

                    R Trader platform

                    Trading schedule on US stocks and ETFs
                    • April 10th 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on US stocks and ETFs
                    • April 10th, 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on US indices (US500, US30, NAS100)
                    • April 10th, 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on EU stocks
                    • April 10th - 13th, 2020 – no trading.
                    • April 14th, 2020 – trading starts as usual.

                    Trading schedule on CFDs on EU indices (GER30, FRA40, UK100, SPA35)
                    • April 10th - 13th, 2020 – no trading.
                    • April 14th, 2020 – trading starts as usual.

                    Trading schedule on metals (XAUUSD and XAGUSD) and CFDs on oil (WTI,oil, BRENT.oil)
                    • April 10th, 2020 – no trading.
                    • April 13th, 2020 – trading starts as usual.

                    Please, take into account these changes in schedule when planning your trading activity.

                    * – This schedule is for informational purposes only and may be changed by the provider.

                    RoboForex team


                    • #55
                      Ruler Strategy: Trading On Daily Charts

                      Author: Andrey Goilov

                      Trading on intraday charts remains popular among traders because it allows making a quick profit. Less eagerly, they trade larger timeframes, such as daily and weekly ones, where trades open rarely and a profit is long to wait.

                      On the other hand, not everyone can spend long hours in front of the screen, watching the signals of the system. At times, we want to look at the trading terminal less often. A good decision here will be trading on daily charts with the Ruler strategy.

                      Signals will form seldom; you will need to look at the market situation for several minutes once a day and open trades after the current day closes.

                      The description and peculiarities of the Ruler

                      The system supports all currency pairs without limitations. However, it is usable on the daily chart only. The system forms signals rarely but you may increase the number of trades by adding more currency pairs.


                      Note that you may enter the market strictly after the daily candlestick is closed. If you try to enter earlier, the prices may be different at the moment of closing, hence, the signal itself may change. Taking your time to open the position will be the best choice as you are trading on a daily chart, and several points or even tens of points will not make much difference.

                      The instruments necessary for using the system:

                      1. A Simple Moving Average with period 10 is used for entering the market; to add it to the chart, go to “Indicators” - “Trend” - “Moving Average” in your trading terminal.


                      2. A Simple Moving Average with period 200 is used to evaluate the potential for opening a position.

                      Read more at R Blog - RoboForex

                      RoboForex team


                      • #56
                        How to Trade with Average True Range (ATR) Indicator: Setting and Signals

                        Author: Victor Gryazin

                        In this review, we will discuss a useful technical indicator ATR. It helps to evaluate and use in trading such a price parameter as volatility.

                        How does ATR indicator work?

                        The Average True Range (ATR) indicator was created in 1978 by the creator of several other popular indicators J. Welles Wilder. The main task of ATR is to evaluate the current volatility of the financial instrument. In other words, the indicator shows the dynamics of the price change during a certain period.

                        The principle of market analysis with ATR can be expressed as follows:
                        • the higher the indicator values are, the higher the market volatility is;
                        • the probability of a correction or reversal increases; the lower the indicator values are, the lower the market volatility is; this means the market is quiet, and a strong trend may begin after the price escaped the consolidation area.

                        ATR belongs to the oscillator group. As long as it helps to evaluate volatility, it is often used as a part of more complicated indicators. Also, it is often included in various trading algorithms - expert advisors. ATR has proved to be a good trend filter and a provider of landmarks for Stop Losses.

                        The indicator is reflected in a separate window under the price chart; it consists of just one line, showing only positive values (0 and above). ATR does not show trend direction: it will grow equally if volatility increases in an uptrend as well as in a downtrend. The higher the volatility on the market, the bigger the ATR values.


                        ATR indicator: calculation formula and settings

                        ATR is included in most trading terminals. In MetaTrader 4 and MetaTrader 5, it is added to the chart via the Main Menu: Insert - Indicators - Oscillators - Average True Range.

                        Read more at R Blog - RoboForex

                        RoboForex team
                        Last edited by Vlad RF; 04-10-2020, 01:05 PM.


                        • #57
                          Efficient Strategies Based on Stochastic Oscillator

                          Author: Maks Artemov

                          Almost all active traders are acquainted with the Stochastic Oscillator. It is included in almost all trading terminals and features a wide range of settings.

                          There exist a large number of strategies and systems based on this oscillator. Naturally, some will say that the indicator alone will suffice for trading. However, the Stochastic Oscillator, like many other indicators of this type, tends to give false signals that need filtering.

                          Practice shows that it is very hard to filter false signals "by eye"; using other indicators for this purpose is much easier. In this article, we will discuss several trading strategies using the Stochastic along with other indicators and single out their advantages and drawbacks.

                          Strategies using the Stochastic and MACD

                          As the first example, let us discuss the strategy using the Stochastic Oscillator and MACD. This strategy suits not only experienced traders but also beginners as it does not require any special knowledge or skills.

                          The MACD is reflected as a histogram and signal line in a separate window under the chart. This indicator belongs to the oscillator group and shows the direction of the trend. If the histogram and signal line both rise above (0), the trend is considered ascending; if they decline below zero, the trend is said to be descending.

                          The settings are standard for the MT4 and MT5 terminals:
                          • Fast EMA 12.
                          • SLow EMA 26.
                          • MACD SMA 9.
                          • Apply to Close.


                          The Stochastic Oscillator opens in a separate window under the chart and looks like two crossing lines moving between the levels. The indicator demonstrates the current oversold and overbought state of the asset.

                          Read more at R Blog - RoboForex

                          RoboForex team


                          • #58
                            RoboForex adds CFDs on metals (XAUUSD, XAGUSD) and oil (BRENT.oil, WTI.oil) to R Trader platform

                            RoboForex has expanded the list of available assets in R Trader – now you can use the platform to trade CFDs on metals (XAUUSD, XAGUSD) and oil (BRENT.oil, WTI.oil).

                            Trading conditions


                            R Trader is a multi-asset trading web-platform with high-speed financial charts and advanced technical analysis tools.
                            • 12,000+ Stocks, Indices, Cryptocurrencies, CFDs, ETFs. And Forex.
                            • Minimum deposit – 100 USD.
                            • Strategy Builder that requires no programming skills.

                            Trade popular assets through R Trader and follow the platform updates!

                            Read more about trading conditions

                            RoboForex team


                            • #59
                              How To Find Stocks For Long-Term Investments?

                              Author: Eugene Savitsky

                              Nowadays, many investors are perplexed by the choice of stocks for long-term investments. It is important to take your time as no one knows whether we have already hit the market bottom or are in the middle of the decline.

                              You can always buy the stocks of well-known companies such as Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN) or Facebook (NASDAQ: FB). Most likely, you will make a profit. However, there are other ways of finding companies for investments, and in this article, we will discuss one such way. This method is very simple, and you will easily repeat it.

                              1. Find and define the sector of the economy

                              First, make up your mind about the sector of the economy in which you will be looking for a company for investing.

                              Go to the website and proceed to Groups. In this section, we will find the economic sectors that suffer from the crisis less than others.

                              Healthcare sector

                              As long as the coronavirus started spreading in December 2019, we will need information for the last three months: this is the period during which stocks demonstrated the most dramatic decline.

                              On the diagram, we see that the healthcare sector has suffered the least of all. However, this is simply because the crisis affected the healthcare system, and the money was allocated to the development of the vaccine. This is the reason for which the sector has been affected less than others, as the companies got a mighty inflow of money.

                              What is remarkable is that during the crisis, pharmaceutical companies started carrying out IPOs, considering now the best time for it.

                              Read more at R Blog - RoboForex

                              RoboForex team


                              • #60
                                TSTester Expert Advisor for Testing Manual Strategies

                                Author: Dmitriy Gurkovskiy

                                Today's post is devoted to all of you. We will speak about an expert advisor TSTester that will teach anyone not only to trade systematically but also to create and check on practice new trading ideas and approaches, thus saving your time.

                                What is TSTester and what is it meant for?

                                I recall myself as a beginner (as many of you do, I suppose). I gleaned information about the analysis and trading method, checked new systems, tactics, and strategies dozens and hundreds of times, hundreds and thousands were earned and lost - all this for gaining experience and developing my own view of the market. The only thing I am sorry for is my lost time.

                                At the time, time was spent easily, but now we realize that it is not the best practice. Then an idea emerges: what if there were such a thing as a tester of manual strategies... Many laughed at such dreams but some must have taken note of them: nowadays, there are various trading simulators for beginners and experts, meant for practicing trading technics and skills. In other words, simulators for traders have the same purpose as punchbags for boxers.

                                Remember how many demo or even real accounts you had lost before your system became perfect? Anyone who is serious about trading must check the profitability of their strategy.

                                All of us have been checking and will go on checking our own and other people's ideas real-time on demo or real accounts. However, each approach normally requires lots of time. To call a trading strategy or system efficient, you need to test it for six to twelve months.

                                Nonetheless, TSTester helps you to test any trading strategy, saving a lot of your time, to perfect your trading style, and to work out your trader's discipline.

                                TSTester looks like an ordinary expert advisor for MetaTrader 4 where you can test indicators and strategies, learn how to trade various instruments and timeframes supported by the terminal.

                                How to install and launch TSTester in MetaTrader 4?
                                1. The process of downloading and installing the expert advisor is standard. The file with the expert advisor is put to the "Data catalog" via "File". Then copy the expert advisor to the "Experts" folder and the indicator - to "Indicators". Restart the terminal.
                                2. If needed, renew the quotations of the currency pairs that you will carry out your testing on. For this, via "Service", open the quotations archive and upload the minute data under the chosen currency pair.
                                3. As strategy tester in MetaTrared4, choose TSTester. Choose the currency pair, the timeframe, the period for testing, and put a tick in the "Visualization" box. Click "Start" and start testing in a new window.


                                Intallation of TSTester in MetaTrader 4.

                                TSTester interface


                                TSTester interface.

                                The interface of the expert advisor looks quite laconic and modest. However, before you start testing, you need to understand what function has each window and button.

                                Read more at R Blog - RoboForex

                                RoboForex team