Articles

Best Currency Pairs to Trade Today – Cool Forex Scanner

What are the best forex pairs to trade today? What are the best currency pairs for me as a beginner? Which currency pair has the potential to trade regarding my strategy? I wish I had a forex scanner to do the trick for me. These are some of questions and thoughts that various traders ask themselves every day and because thinking is not gonna find the pairs, you blow your bubble and grab your laptop or PC or whatever you…

13 Comments
September 28, 2019
Articles

How to manually backtest forex trading strategies – simulator and software

These are the best ways that you can backtest a Forex trading strategy manually: 1- F 12 MT4 strategy tester TradingView FXBlue Simulator Soft4fx Forex Simulator Forex Tester In this article, you'll see how to backtest a forex strategy using those methods. We are also going to see which one of those methods is the best way to manually backtest a forex trading strategy. Spoiler: The best way to backtest a forex trading strategy is Forex tester, however, you can…

10 Comments
September 24, 2019
Articles

Forex Manual Backtest – Backtesting Report and Using Excel

In this article, we are going to see what information we need to collect for a manual backtest, particularly in forex; how to gather them, what can be found in a backtesting report and what do they tell us and how we can calculate the information we’ve gathered using Excel. If you are new to backtesting and you want to know what the backtesting is or how we can backtest automatically and manually using multiple ways, you can check this…

2 Comments
September 20, 2019
Articles

11 Tips and Tricks for MetaTrader 4 Tools

There is no doubt that MetaTrader 4 (MT4) is the most useful and practical platform of trading. The speed and compatibility of Metatrader are unparalleled. The only problem that MT4 has is its appearance which is as if we were living in 1990. They try to make a few tweaks to it by releasing MT5, but nothing exceptional happened in terms of the whole skin and it’s still somehow ugly but of course loveable. Here we are going to take…

4 Comments
September 14, 2019
Articles

Are Demo Accounts Rigged By Forex Brokers?

The answer is yes and no or it doesn’t matter, or does it! *scratching his head* When you‘ve just started forex and opened a demo account you’re just like a superhero, virtually of course, with a lot of money, fake one obviously. Something like batman except not with batmobile, but with a batatrader or any other bat platforms. “Do you really want to say something valuable?” Sorry, let’s look at the question one more time. Are demo accounts rigged by…

1 Comment
September 5, 2019
Articles

Forex Average Daily Range

The table of the Average Daily Range for 28 currency pairs from 2014 to 2023. (the numbers are rounded) Average Daily Range of Gold (XAUUSD) was added to the table Average Daily Range of Silver (XAGUSD) was added to the table. For the Average Daily Range of Exotic Forex pairs see here Update in January 2024 Help:  Use the filter for CURRENCY PAIR tab (click on it) to sort it alphabetically  Use the filter of each year to sort currency…

48 Comments
September 3, 2019