Analysis

Education

Crypto

Company News

Partners

Promotions

Glossary

Closing a trade on MetaTrader 4 means ending an open position and locking in whatever profit or loss it has accumulated up to that point. MT4 offers several ways to close a trade, including f...

Forex traders showing how to close a trade on MT4. 

How to Close a Trade on MT4

Technical indicators are mathematical calculations applied to chart data to help traders analyse trend, momentum, volatility, and potential reversal points. MetaTrader 5 includes thirty-eight...

A forex traders shows how to add an indicator to MT5. 

How to Add an Indicator to MT5

Technical indicators are mathematical calculations applied to chart data that help traders identify trends, momentum, volatility, and potential reversal points. MetaTrader 4 includes thirty b...

A forex trader showing how to add an indicator to MT4. 

How to Add an Indicator to MT4

A pending order is an instruction to buy or sell at a specified price in the future, rather than at the current market price. MetaTrader 5 supports six pending order types, two more than Meta...

A forex trader reviewing how to place a pending order on MT5.

How to Place a Pending Order on MT5

A pending order is an instruction to buy or sell a financial instrument at a future specified price, rather than at the current market price. MetaTrader 4 supports four pending order types, e...

A forex trader reviewing how to place a pending order on MT4. 

How to Place a Pending Order on MT4

A take profit is an order attached to a position that closes it automatically when the market reaches a specified favourable price. Used alongside a stop loss, it forms the second half of a p...

A forex trader reviewing how to set a take profit on MT4.

How to Set a Take Profit on MT4

A stop loss is one of the most fundamental risk management tools available to a trader. On MetaTrader 4, the stop loss is set as a specific price level attached to an open or pending position...

A trader reviewing how to set a stop loss on MT4.

How to Set a Stop Loss on MT4

Floating profit and loss, commonly written as floating P&L, refers to the unrealised gain or loss on positions that are currently open in your trading account. It is the running total of how ...

A chart showing what floating P&L means in forex.

What Does Floating P&L Mean in Forex?

Margin level is the single most important number on a leveraged trading account because it determines when the platform stops the trader from opening new positions and when it begins to close...

Forex traders discussing what margin level means in MT4.

What Does Margin Level Mean in MT4?

Equity is the real-time value of a trading account. Unlike balance, which only reflects settled activity, equity includes the unrealised profit or loss of any open positions, updating tick by...

Forex traders discussing what equity means. 

What Does Equity Mean in Forex Trading?

The balance figure shown in the MT4 or MT5 terminal is one of the most basic but most commonly misunderstood values in a trading account. It represents the cash value of the account, but only...

A forex trader reviewing what a balance means in MT4 and MT5.

What Does Balance Mean in MT4 and MT5?

Metals CFD trading lets a trader speculate on the price of gold, silver, platinum or palladium without buying or storing the physical metal. The contract derives its value from the underlying...

A forex trader reviewing metals CFD trading.

Metals CFD Trading: How to Trade Gold, Silver, Platinum and Palladium

Trading indicators are mathematical calculations applied to price or volume data and plotted on or below a chart. They are not predictions of future price. They are different ways of looking ...

A forex trader reviewing the best trading Indicators for MT4 and MT5.

Best Trading Indicators for MT4 and MT5: A Practical Guide

The timeframe of a price chart sets the unit of time each candle or bar represents, and that single choice shapes almost everything about how a trade is identified, sized, managed and exited....

A forex trader leveraging timeframe trading.

Timeframe Trading Explained: How to Choose the Right Time Frame

Pairs trading is a strategy that takes a long position in one asset and a short position in a closely related asset at the same time. Profit and loss come from the change in the relative pric...

A forex trader working on a pairs trading strategy.

Pairs Trading Strategy: How It Works and How to Use It

A trend reversal happens when the price of an asset changes direction and starts moving the other way.

If price has been rising and then begins to fall, that may be a bearish trend reversal....

Trend Reversal what it means and how to spot it

Trend Reversal: What It Means and How to Spot It

Liquidity in trading means how easily an asset can be bought or sold without causing a big change in its price.

A market with high liquidity has many active buyers and sellers. This usually ...

What Is Liquidity in Trading?

The Wolfe Wave forex strategy is a way to look for possible reversals on a price chart. The pattern has five points. Point 5 is where traders start watching for a possible change in direction...

Wolfe Wave Forex Strategy: How to Trade Wolfe Waves

The best stocks for day trading are not always the same from one week to the next. A stock that offers strong intraday movement today may become quiet tomorrow. Another stock may suddenly bec...

Best Stocks for Day Trading: What to Look For Before You Trade

High leverage forex trading allows traders to control larger positions with a smaller amount of capital. This is one of the reasons forex trading attracts so much attention. Currency prices o...

High Leverage Forex Trading: Meaning, Risks and Margin Explained

Understanding how to calculate lot size in forex trading may seem confusing for beginner traders, but it’s a critical aspect of risk management that can not be overlooked.

Your lot size dire...