Archives January 2021

Traders can download the mobile app from the Google Play Store and enjoy the convenience of trading on the go. MT4 is renowned for its fast order execution, which is critical for traders who seek to capitalize on short-term price movements. Quick order execution minimizes slippage, the difference between the expected price and the actual price at which a trade is executed. Reduced slippage can significantly impact the profitability of a trader’s strategy.

Forex Risk Disclaimer

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Founded in 2005, MetaTrader 4 (MT4) is one of the most popular trading platforms globally, renowned for its simplicity and versatility. Offered by ActivTrades, MT4 caters to both beginners and experienced traders with its user-friendly interface and extensive range of trading tools. From forex to CFDs, the platform supports various instruments, making it a go-to choice for many traders.

• MetaTrader 5 (MT5) is the successor to MT4, offering an even more advanced and feature-rich platform for traders.
• ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types.
• We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
• ActivTrades’ implementation of MT4 offers customizable charts, expert advisors (EAs) for automated trading, and real-time market data.

ActivTrades offers both beginner and advanced educational videos and supports forex and CFD education. However, our research found that its educational resources are below average compared to competitors, and it earns only a moderate recommendation for new traders. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.

• ActivTrades offers three main trading platforms, including MT4, MT5, and TradingView.
• Traders can also benefit from secure execution, multiple order types, and seamless integration with various financial instruments.
• No, ActivTrades does not charge any fees for using its trading platforms such as MT4, MT5, cTrader, or TradingView.
• ActivTrades provides an extensive suite of trading tools designed to enhance the trading experience and empower traders with advanced functionalities.

Why you should trust us

When you activ trades review choose an ActivTrades account for either demo or live use, you can develop your skills and trading strategies while benefiting from an experienced and award-winning broker. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. ActivTrades also provides several tools, such as Analysis, Trading Central, Market Buzz, and Economic Calendar, to improve trading efficiency and support automated strategies. Traders using MAC computers can easily download and install the MT4 platform to access the full suite of trading features. This low entry requirement makes it accessible for traders with low levels of capital. Though I found that ActivTrades has a good balance of research content, the quantity of content trails behind what you find with the best forex brokers.

Price Movers & Alerts

Yes, traders on ActivTrades can use Expert Advisors (EAs) with the MT4 platform. EAs enable automated trading by executing predefined trading strategies, making it convenient for traders who wish to implement algorithmic approaches. For traders who require a more detailed view of market liquidity, MT4 offers Level II pricing, commonly referred to as market depth. This feature provides information on the order book, showing not just the best bid and ask prices but also the volume of orders at various price levels. Having access to this information can help traders make more informed decisions by understanding the supply and demand dynamics in the market. During my testing of the broker’s offering and platforms, I found ActivTrades to be a well-rounded option with some unexpected unique features that boosted my overall opinion.

Does ActivTrades offer an MT4 Demo Account for Free?

This allows you to monitor key price points without constantly checking the charts. Double-click the desired instrument in the Market Watch window when ready to trade. You can then input your trade details, such as the amount you wish to trade, and set the parameters of any risk management tools, such as stop loss.

Understanding how to use MetaTrader 4 to its full potential takes time, but beginners can quickly master some of the basics to start trading profitably. If you’re beginning with a MetaTrader 4 demo account, you can practice using virtual funds to familiarise yourself with the platform and test strategies. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. All that said, commissions and fees at ActivTrades will largely depend on the assets you trade and the availability of individual assets will vary depending on the platform you use. Yes, based on your detected country of FI, you can open an account with this broker.

Excellent customer service:

Regularly updating the platform ensures access to the latest features and security enhancements. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Offered by ActivTrades, MT5 expands on the capabilities of its predecessor by introducing more timeframes, advanced charting options, and support for additional asset classes like stocks and futures. TradingView is a web-based charting and trading platform founded in 2011 by Konstantin Ivanov, Denis Globa, and Stan Bokov. It provides real-time market data, technical indicators, and charting tools for analyzing forex, stocks, cryptocurrencies, and other financial instruments. Based on my testing, ActivTrades offers a solid lineup of platforms, particularly excelling with MetaTrader 4 and 5, enhanced by valuable custom tools that elevate the trading experience. However, its proprietary ActivTrader platform, while powered by TradingView charts, feels minimal and lacks the advanced features many traders expect.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. When you’re ready to start live trading, you must deposit funds into your account. Choose your strategies and begin trading your asset class in real market conditions.

You can download all of our available platforms and add-ons from your Personal Area, as well as from the relevant sub-page of the “Platforms” tab. After you’ve opened your account with your broker of choice, the next step is to download MetaTrader 4 to your device. In the next section, we look in more detail at how to set up and begin trading with a MetaTrader 4 account. FXEMpire, which compares independent brokers, rated ActivTrader as the best-regulated broker. To begin using MT4 with ActivTrades, download the platform from the official website, install it on your device, and log in using your ActivTrades account credentials.

He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

Popular Forex Reviews

So, if you are considering using ActivTrades as your broker, you may be wondering if it works with MT4. ActivTrades is a long-standing brand with a proprietary trading platform, ActivTrader. ActivTrades also provides a well-rounded offering of third-party platforms and a good selection of custom add-ons, indicators, and trading tools for MetaTrader. Drawbacks include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers. These tools help traders enjoy a better and more efficient trading experience by offering enhanced analysis, faster execution, and access to professional-level strategies. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries a risk of financial loss and may not be suitable for all investors.

Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. With its comprehensive selection of platforms and tools, ActivTrades offers the resources needed to execute strategies effectively and stay competitive in the forex and CFD markets. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.

Are you keen on unlocking the intriguing world of advanced technical analysis? Advanced technical analysis, a significant chapter of financial trading, doesn’t have to feel like an unsolvable puzzle. As you immerse yourself in price patterns, trading signals, and sophisticated analytical tools, you’re uncovering the art behind forecasting financial markets.

• By leveraging the mathematical ratios derived from the Fibonacci sequence, traders can gain valuable insights into potential price targets and reversal points.
• Advanced technical analysis refers to the application of intricate tools and methodologies to analyze market data beyond simple heuristics.
• There are different types of charts used by traders, depending on their trading goals.
• We do not track specific results or guarantee outcomes, as results vary widely.Trading and investing are high-risk activities and can result in total investment loss.

Others software offer powerful features—but only after you pay or spend hours figuring them out. The red line (as shown in the chart below) is the Tenkan Sen. The tenkan sen represents the average of the highest high and lowest low that have occurred over the last nine periods. For example, if you’re applying the Ichimoku to an hourly chart, then the tenkan line shows the high/low average over the last nine hours.

Whether you’re an avid trader or just curious about the inner workings of financial markets, this exploration will equip you with sophisticated tools to decode advance technical analysis complex trends. Get ready to elevate your trading strategy by mastering methods that go beyond the basics. The world of technical analysis offers traders a powerful set of tools and strategies to navigate dynamic and complex markets.

Udemy – The Complete Technical Analysis Trading Course ( – The Best Technical Analysis Course for the Value

System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. When a security is trending solidly upward, the closing prices of each period tend to remain between the midline and the upper band – often “hugging” right along the edge of the upper band. When a solid downtrend is in place, prices tend to range between the midline and the lower band, often hugging right along the lower band line. Ralph Nelson Elliott’s Wave Principle suggests that markets move in repetitive cycles due to investor psychology influenced by external factors. This theory proposes a fractal wave structure comprising impulse waves (which move with the trend) and corrective waves (which move against it).

Conversely, a Bearish Engulfing pattern occurs when a small white (or green) candle is followed by a larger black (or red) candle, indicating a potential downward reversal. Trend changes can often be spotted using the Heiken Ashi when a candlestick of the opposite color appears with a long shadow in the opposite direction of the previously existing trend. It can be seen in the uptrend and downtrend, which appear on the left-hand side of the chart. Just before the sustained uptrend begins, there is a short body blue (up) candle with a long upper shadow.

Technical analysis of the financial markets

Start by mastering one concept at a time, and always practice with a demo account before risking real capital. While the concepts might seem overwhelming initially, remember that even professional traders use just a handful of reliable strategies repeatedly. Instead of bouncing sharply, it produced small, weak green candles – classic hesitation. This price action told me buyers weren’t confident, and sure enough, the support broke within hours. All investments are subject to risk of loss, which you should consider in making any investment decisions.

• As with the tenkan sen, the slope of the kijun sen is an indicator of price momentum.
• Yes, technical analysis principles work across all liquid markets because they’re based on human psychology and market dynamics, which remain consistent regardless of the asset.
• In-depth information and analysis of this area can be found in our comprehensive reference guide about Quantitative Analysis with AI.
• The risk of loss in trading equities, options, forex and/or futures can be substantial.
• It’s important to use these tools wisely, integrating them into a well-reasoned, disciplined trading strategy.
• Drawings and input parameters are color customizable in the same manner as studies; hover to illuminate and select Edit settings.

Can technical analysis be applied to all financial markets?

When the price of two commodities consistently move in opposite directions, they are negatively correlated. Two stocks moving independently of each other without any correlation can help with portfolio diversification. This is because when some shares in a portfolio are losing money, other non-correlated shares might still be gaining. Marketminds Investment Group, an IT company, creates AI-driven tools for finance and education. Nepse Trading uses machine learning for trading on Nepal’s stock exchange, offering insights like buy/sell signals. Bollinger Bands consist of a middle band (SMA) and two outer bands that adjust to market volatility.

Technical analysis is a means of interpreting the price action over time of a security. Various technical indicators – such as moving averages – are added to a price chart in an attempt to discern probable future price movement. Lots of traders use candlestick charts when looking at price action data and it is easy to see why.

Advanced Candlestick Patterns

From reading your first chart to executing advanced strategies with proper risk management – all explained with real trading examples in this step-by-step tutorial. From reading your first chart to executing advanced strategies with proper risk management \u2013 all explained with real trading examples in this step-by-step tutorial. Professional traders and analysts often use technical analysis tools to time the market, identify potential risks, and maximize returns. Advanced technical analysis methods are way more accurate and helpful in predicting price trends of the many financial market instruments traders prefer to trade in than the fundamental analysis methods.

Essential Technical Indicators for Advanced Analysis

(A steeper angle of slope in the line indicates more strength or momentum in the market’s movement, while a shallower angle indicates a weaker price move or lessening momentum). Following is an explanation of three advanced technical analysis indicators – the Ichimoku Cloud, Bollinger Bands, and the Heiken Ashi. While not mandatory, indicators can significantly enhance your analysis by providing additional insights and confirming other findings. Elite Live Recorded Class is an exclusive session for NepseTrading Elite members, featuring live market analysis, weekly index review, and top stock picks for swing and positional trading.

Advanced Technical Analysis

Volume analysis is crucial for understanding the strength of price movements. Increasing volume during price rallies confirms the trend’s strength, while declining volume may indicate weakness. Take your understanding of technical analysis to the next level with this in-depth guide. Establish stop-loss orders and adopt a conservative risk-reward ratio in each trade, tailor your strategies according to market sentiment, and assess market volatility.

These patterns combine multiple candlesticks to form recognizable setups that traders use to anticipate future price movements. The best way to learn technical analysis is to familiarize yourself with foundational concepts, like trend lines and chart patterns, using a well-respected course like Investors Underground. Next, you should frequently practice newly learned techniques with real-world data in paper trading platforms like eToro. Continually analyze trades to help deepen your understanding of what’s working and what isn’t. Market profile, developed by Peter Steidlmayer, divides price action into time-based segments, creating a bell-shaped curve that reveals the most actively traded prices. This profile helps traders identify value areas, points of control, and potential support or resistance levels.

Dow Theory & Chart Pattern Buy-Sell Strategy

As complex as it may sound, with the right information and techniques, you can master this discipline to make informed trading decisions. Technical analysis is the backbone of market timing, enabling traders to interpret price charts and indicators to forecast future movements. While basic chart patterns and indicators are widely known, advanced technical analysis elevates your trading by integrating complex tools and behavioral insights. Each candlestick pattern carries its implications for future price movements. Bullish patterns, like hammer and engulfing, suggest a potential upward move in prices, while bearish patterns, like shooting star and hanging man, indicate a possible downtrend. By understanding these implications, traders can align their trading strategies with the expected market direction.