forex strategy indicators
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Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days.

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Forex strategy indicators

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Because of the amount of information they provide, candlesticks form the basis of technical analysis. The size and shape of a candlestick tell an important price action story. This is why traders look for candlestick patterns when trading. RSI indicator is one of the oldest, most reliable and popular oscillators.

What are the benefits of this indicator and what is the most efficient way of using it for trading? Read this article to learn how to install and implement this powerful tool in your trades. What are Fibonacci Levels? How are they different and why are they so popular in stock trading?

We will answer these questions and discuss several effective and real Forex trading strategies that employ Fibonacci levels. Read our MACD trading strategies guide to learn more. Moving Average MA is probably the most widely used technical indicator in online trading. There are several types of moving averages, simple, exponential, smoothed, linearly weighted , which can be used by themselves, or in conjunction with other indicators.

Read more about MA trading strategies in this guide. What are its advantages and disadvantages? In this article, we will give answers to these questions and discuss several CCI-based trading strategies both for beginners and experienced traders. The stochastic indicator is one of the most powerful and commonly used technical analysis tools.

It belongs to the momentum oscillators group of indicators that help traders establish overbought and oversold conditions in the market. Bollinger Bands are an effective and common technical analysis indicator that is used by traders in order to understand the price volatility of a specific financial instrument. This indicator was named after its creator, John Bollinger, a famous technical analyst, who created them back in the s. Parabolic SAR parabolic stop and reverse is one of the most popular trend-following indicators.

The Aroon indicators are a type of momentum oscillator that was developed in by Tushar Chande. It tells whether an asset is trending and how strong that trend is. It can also be used to locate correction periods and to identify when the market is consolidating. Created by legendary trader Welles Wilder in , the Average Directional Movement Index ADX is a technical analysis tool used by traders to establish trend strength as well as trend direction.

Donchian Channel is a volatility indicator that helps technical analysts to identify and define price trends as well as determine the optimal entry and exit points in ranging markets. The Triple Exponential Moving Average TRIX is a powerful technical analysis tool designed to help traders determine the momentum of a price as well as identify overbought and oversold conditions in an underlying financial asset.

TRIX was developed by Jack Hutson in the early s, and as its name suggests, it is used to show the rate of change in a triple exponentially smoothed moving average. Bill Williams was born in and traded the commodity markets successfully for over 50 years. He also developed his own proprietary indicators that are now extremely popular and available on most trading platforms.

The Rate of Change ROC is a price-based indicator designed to measure the rate at which the price changes from one period to another. The measure of the current price in relation to a defined look-back period is the typical rate of change definition. However, when expressed as a percentage, ROC can help traders determine not only momentum, but also overbought and oversold conditions as well as the trend direction. The Keltner Channel is a volatility-based technical analysis indicator that helps in defining price trends as well as pinpointing overbought and oversold conditions in the market.

Chester Keltner, a famous commodity trader, introduced the indicator in the s, but the modern-day version that includes the ATR, average true range was updated by Linda Raschke in the s. That is, this indicator measures the flow of money into and out of a security over a specified period of time. By observing the MFI, traders can determine whether there is buying or selling pressure in the underlying asset.

The Relative Vigour Index RVI is a technical analysis indicator designed to measure the conviction of the recent prevailing price action of an asset, as well as the possibility of its continuation in the short and medium-term. The author then updated it into the current version in RVI belongs to the broad Oscillator group of indicators, which essentially means that it helps traders to determine overbought and oversold conditions in the market. Awesome Oscillator is an amazing technical analysis indicator designed to measure the underlying market momentum as well as to confirm trends and anticipate reversals.

Developed in the s by Ralph Nelson Elliott and named after him , Elliott Waves are essentially a law of nature that describe how the collective psychology and sentiment of market participants drive the demand and supply of underlying assets. Pivot Points have been used by investors since the early days of technical analysis to map out quality support and resistance zones in the market.

Investors have always actively sought areas where an underlying asset can find demand or supply. This indicator was originally developed by the famed commodity trader, developer and analyst, Welles Wilder, and it was introduced in Harmonic Patterns are some of the most efficient and effective trading patterns in technical analysis that can help traders provide more qualified trading opportunities in the markets.

Heikin Ashi Charts Explained Heikin Ashi charts look like typical candlestick charts, but they smooth out price action because their bars are computed out of price ranges rather than every tick movement. The Heikin Ashi technique is designed to filter out market noise and provide a clear picture of the prevailing conditions in the market. Renko charts are a type of trading chart designed to filter out market noise and help traders definitively identify prevailing trends in the market.

In essence, Renko charts are plotted as a series of bricks representing price movement and completely ignoring the time factor. A brick will only be printed when the price has made a specified amount of movement, no matter the time required to achieve that. Get deeper into trading concepts and analysis as well as using our trading platforms and automated trading software. Sign up for a demo account and put your learning into action by trading risk-free!

Still don't have an Account? Sign Up Now. What are Block Trades? What is Scalping? Gearing Ratio What is Strike Price? What is OTM? In the chart below, the price crosses below the period EMA and we wait for 10 minutes for the MACD histogram to move into negative territory, thereby triggering our entry order at 1.

Based on the rules above, as soon as the trade is triggered, we put our stop at the EMA plus 20 pips or 1. Our first target is the entry price minus the amount risked, or 1. It gets triggered shortly thereafter. The second half of the position is eventually closed at 1. Coincidentally enough, the trade was also closed at the exact moment when the MACD histogram flipped into positive territory.

As you can see, the five-minute momo trade is an extremely powerful strategy to capture momentum-based reversal moves. However, it does not always work, and it is important to explore an example of where it fails and to understand why this happens. As seen above, the price crosses below the period EMA, and we wait for 20 minutes for the MACD histogram to move into negative territory, putting our entry order at 1.

We place our stop at the EMA plus 20 pips or 1. Our first target is the entry price minus the amount risked or 1. The price trades down to a low of 1. It then proceeds to reverse course, eventually hitting our stop, causing a total trade loss of 30 pips. Using a broker that offers charting platforms with the ability to automate entries, exits, stop-loss orders , and trailing stops is helpful when using strategies based on technical indicators.

When trading the five-minute momo strategy, the most important thing to be wary of is trading ranges that are too tight or too wide. In quiet trading hours, where the price simply fluctuates around the EMA, MACD histogram may flip back and forth, causing many false signals.

Alternatively, if this strategy is implemented in a currency pair with a trading range that is too wide, the stop might be hit before the target is triggered. This trading strategy looks for momentum bursts on short-term, 5-minute currency trading charts that a market participant can take advantage of, and then quickly exit out of when the momentum starts to wane.

The 5-Minute Momo strategy is used by currency traders looking to take advantage of short changes in momentum and could therefore be employed by day traders or other short-term focused market players. Scalping is the process of entering and exiting trades multiple times per day to make small profits. The process of scalping in foreign exchange trading involves moving in and out of foreign exchange positions frequently to make small profits.

The 5-Minute Trading Strategy could be used to help execute such trades. The 5-Minute Momo strategy allows traders to profit from short bursts of momentum in forex pairs, while also providing solid exit rules required to protect profits. The goal is to identify a reversal as it is happening, open a position, and then rely on risk management tools—like trailing stops—to profit from the move and not jump ship too soon. Like with many systems based on technical indicators , results will vary depending on market conditions.

Technical Analysis. Your Money. Personal Finance. Your Practice. Popular Courses. Table of Contents Expand. Table of Contents. What's a Momo? Rules for a Long Trade. Rules for a Short Trade. Long Trades. Short Trades. Momo Trade Failure.

The Bottom Line. Key Takeaways The five-minute momo strategy is designed to help forex traders play reversals and stay in the position as prices trend in a new direction. The strategy relies on exponential moving averages and the MACD indicator. As the trend is unfolding, stop-loss orders and trailing stops are used to protect profits.

As within any system based on technical indicators, the 5-Minute Momo isn't foolproof and results will vary depending on market conditions. What Is Scalping in Forex Trading? Compare Accounts.

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It takes time and effort to build your own FX trading strategy or to adapt an existing one to your trading needs and style. Most frequently, a trading strategy is a set of entry and exit rules , which a trader can use to open and close positions in the foreign exchange market.

These rules can be very simple or very complex. Simple strategies usually require only few confirmations, while advanced strategies may require multiple confirmations and signals from different sources. Additionally, a trading strategy may contain some money management rules or guidelines.

Some strategies e. These tools are usually charts, technical or fundamental indicators, some market data, or anything else that can be used in trading. When choosing a strategy, you need to understand, which of the required tools you have in possession. It is important to choose a strategy or system that is easy to follow with your daily trading schedule and that can be applied successfully with your account balance size.

Forex strategies that are traded based on strict mathematical rules with no ambiguous conditions and no important trading decisions to be made by the trader are called mechanical. A good example of a mechanical system is a moving average cross strategy, where MA periods are given and positions are entered and exited exactly at the point of cross. When working with mechanical trading strategy, it is easy to backtest one and determine its profitability. You can also automate such system via MetaTrader expert advisors or any other trading software.

The usual drawback of such strategies is their lack of flexibility before the fundamental changes in the market behavior. Mechanical strategies are a good choice for traders knowledgeable in trading automation and backtesting.

Strategies that retain some uncertainty and cannot be easily formalized into mathematical rules are called discretionary. Such strategies can be backtested only manually. They are also prone to emotional errors and various psychological biases.

On the bright side, discretionary trading is very flexible and allows experienced traders to avoid losses in difficult market situation, while offering an opportunity to extend profit when traders deem it feasible. Newbie currency traders should probably stay away from discretionary trading, or at least try to minimize the extent of their discretion in trading.

In this Forex strategy repository, you will find various strategies that are divided into three major categories:. Indicator Forex strategies are such trading strategies that are based on the standard Forex chart indicators and can be used by anyone who has an access to some charting software e. These FX strategies are recommended to traders that prefer technical analysis indicators over everything else:.

Price action Forex strategies are the currency trading strategies that do not use any chart or fundamental indicators but instead are based purely on the price action. These strategies will fit both short-term and long-term traders, who do not like the delay of the standard indicators and prefer to listen as the market is speaking. Various candlestick patterns , waves, tick-based strategies, grid and pending position systems — they all fall into this category:.

Fundamental Forex strategies are strategies based on purely fundamental factors that stand behind the bought and sold currencies. Various fundamental indicators, such as interest rates and macroeconomic statistics, affect the behavior of the foreign exchange market.

These strategies are quite popular and will benefit long-term traders that prefer fundamental data analysis over technical factors:. A lot of the time when people talk about Forex trading strategies, they are talking about a specific trading method that is usually just one facet of a complete trading plan.

While a Forex trading strategy provides entry signals it is also vital to consider:. Scalping - These are very short-lived trades, possibly held just for just a few minutes. This strategy typically uses low time-frame charts, such as the ones that can be found in the MetaTrader 4 Supreme Edition package. This trading platform also offers some of the best Forex indicators for scalping. The Forex-1 minute Trading Strategy can be considered an example of this trading style.

Day trading - These are trades that are exited before the end of the day. This removes the chance of being adversely affected by large moves overnight. Day trading strategies are common among Forex trading strategies for beginners.

Trades may last only a few hours, and price bars on charts might typically be set to one or two hours. Swing trading - Positions held for several days, whereby traders are aiming to profit from short-term price patterns. A swing trader might typically look at bars every half an hour or hour. Positional trading - Long-term trend following, seeking to maximise profit from major shifts in price.

A long-term trader would typically look at the end of day charts. The best positional trading strategies require immense patience and discipline on the part of traders. It requires a good amount of knowledge regarding market fundamentals. Below is a list of trading strategies regarded to be some of the top Forex trading strategies around and how you can trade them, so you can try and find the right one for you.

Did you know that you can learn to trade step-by-step with our brand new educational course, Forex , featuring key insights from professional industry experts? Click the banner below to register for FREE! One of the latest Forex trading strategies to be used is the pips a day Forex strategy which leverages the early market move of certain highly liquid currency pairs. After the 7am GMT candlestick closes, traders place two positions or two opposite pending orders.

When one of them gets activated by price movements, the other position is automatically cancelled. The profit target is set at 50 pips, and the stop-loss order is placed anywhere between 5 and 10 pips above or below the 7am GMT candlestick, after its formation. This is implemented to manage risk. After these conditions are set, it is now up to the market to do the rest.

Day trading and scalping are both short-term Forex trading strategies. However, remember that shorter-term implies greater risk due to the nature of more trades taken, so it is essential to ensure effective risk management. MT4 account:. Accessed: 27 April at am BST - Please note: Past performance is not a reliable indicator of future results or future performance.

The orange boxes show the 7am bar. In some instances, the next bar did not trade beyond the high or low of the previous bar resulting in no trading setup unless the trader left their orders in the market. The effectiveness of the 50 pips a day Forex strategy has not been tested over time and merely serves as a platform of ideas for you to build upon.

Past performance is not a reliable indicator of future results. The best Forex traders swear by daily charts over more short-term strategies. Compared to the Forex 1-hour trading strategy, or even those with lower time-frames, there is less market noise involved with a Forex daily chart strategy. Such Forex trade setups could give you over pips a day due to their longer timeframe, which has the potential to result in some of the best Forex trade setups and potentially some of the most successful trading strategies around.

Daily Forex strategy signals can be more reliable than lower timeframes, and the potential for profit could also be greater, although there are no guarantees in trading. Traders also don't need to be concerned about daily news and random price fluctuations. The Forex daily strategy is based on three main principles:.

While there are plenty of trading strategy guides available for professional FX traders, the best Forex strategy for consistent profits and creating the most successful trading strategies can only be achieved through extensive practice. Let's continue the list of trading strategies and look at another one of the best trading strategies. You can take advantage of the minute time frame in this Forex strategy.

In regards to the Forex trading strategies resources used for this type of strategy, the MACD is the most suitable which is available on both MetaTrader 4 and MetaTrader 5. You can enter a long position when the MACD histogram goes above the zero line. The stop loss could be placed at a recent swing low. You can enter a short position when the MACD histogram goes below the zero line. The stop loss could be placed at a recent swing high. The red lines represent scenarios where the MACD histogram has gone above and below the zero line:.

While many Forex traders prefer intraday Forex trading systems due to the market volatility providing more opportunities in narrower time frames, a Forex weekly trading strategy can provide more flexibility and stability. A weekly candlestick provides extensive market information. Weekly Forex trading strategies are based on lower position sizes and avoiding excessive risks.

For this strategy, traders can use the most commonly used price action trading patterns such as engulfing candles, haramis and hammers. One of the most commonly used patterns in Forex trading is the hammer which looks like the image below:. Accessed: 27 April at pm BST - Please note: Past performance is not a reliable indicator of future results or future performance. To what extent fundamentals are used varies from trader to trader. At the same time, the best Forex strategy will invariably use price action.

This is also known as technical analysis. When it comes to technical currency trading strategies, there are two main styles: trend following and countertrend trading. Both of these FX trading strategies try to profit by recognising and exploiting price patterns.

When it comes to price patterns, the most important concepts include support and resistance. Put simply, these terms represent the tendency of a market to bounce back from previous lows and highs. This occurs because market participants tend to judge subsequent prices against recent highs and lows. Therefore, recent highs and lows are the yardsticks by which current prices are evaluated. There is also a self-fulfilling aspect to support and resistance levels. This happens because market participants anticipate certain price action at these points and act accordingly.

As a result, their actions can contribute to the market behaving as they had expected. Did you know that you can see live technical and fundamental analysis in the Admirals Trading Spotlight webinar? In these FREE live sessions, taken three times a week, professional traders will show you a wide variety of technical and fundamental analysis trading techniques you can use to identify common chart patterns and trading opportunities in a variety of different markets.

Sometimes a market breaks out of a range, moving below the support or above the resistance to start a trend. How does this happen? When support breaks down and a market moves to new lows, buyers begin to hold off. This is because buyers are constantly noticing cheaper prices being established and want to wait for a bottom to be reached.

At the same time, there will be traders who are selling in panic or simply being forced out of their positions or building short positions because they believe it can go lower. The trend continues until the selling is depleted and belief starts to return to buyers when it is established that the prices will not decline further. Trend-following strategies encourage traders to buy the market once it has broken through resistance and sell a market once they have fallen through support.

In addition, trends can be dramatic and prolonged, too. Because of the magnitude of moves involved, this type of system has the potential to be the most successful Forex trading strategy. Trend-following systems use indicators to inform traders when a new trend may have begun, but there's no sure-fire way to know of course.

Here's the good news: If the indicator can establish a time when there's an improved chance that a trend has begun, you are tilting the odds in your favour to use the best Forex trading system. The indication that a trend might be forming is called a breakout. A breakout is when the price moves beyond the highest high or the lowest low for a specified number of days.

For example A day breakout to the upside is when the price goes above the highest high of the last 20 days. Trend-following systems require a particular mindset, because of the long duration - during which time profits can disappear as the market swings.

These trades can be more psychologically demanding. When markets are volatile, trends will tend to be more disguised and price swings will be greater. Therefore, a trend-following system is the best trading strategy for Forex markets that are quiet and trending. A good example of a simple trend-following strategy is a Donchian Trend system. Donchian channels were invented by futures trader Richard Donchian , and is an indicator of trends being established.

The Donchian channel parameters can be tweaked as you see fit, but for this example, we will look at a day breakout. It's called Admiral Donchian.

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How can I load it into my chart. Thank you so much. I am glad to still found people like you in this present time You are concern about our success in trading unlike thousands Out their who their aims for every thing is money. The Lord bless And keep you. I ran across a trading system on the forex factory called the jail break system.

It operates after a forex pair reverses then the pair travels to three separate levels followed by another reversal. It works on the 1 hour chart with the 15 minute chart entry. Or you can use the 4 hour chart with the 1 hour chart entry. This forex system is a pip making machine on several pairs. Hello Arun, I have sent several emails to you but have not received a response. I am very interested in learning trend trading techniques from you. Please send me an email so that we can communicate directly.

Thanks and kind regards, Larry K. I sincerely appreciate your help. Regards, Samuel. Save my name, email, and website in this browser for the next time I comment. Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money. Forex Brokers. Trend Following Systems. Trend Following Indicators. Install System in MT4. Install Indicator in MT4. Forex No Deposit Bonus. Best Forex Trading Strategy.

By Arun Lama Updated On Contents hide. CAP Channel Indicator. Forex Stochastic Maestro 5 Strategy. Forex Profit Heaper Strategy. Forex Radar Signal Trading Strategy. Stochastic Maestro 5 Forex System. Forex Profit Heaper. Radar Signal Trading System. Recommended Brokers. Visit RoboForex. Visit Exness. Visit XM. Share on:. People are also reading Arun Lama I have been actively trading the financial markets since April Thank you for your kind words!

Thanks Reply. Thank you very much for your genorosity Reply. Fernando Reply. Regards, Samuel Reply. To what extent fundamentals are used varies from trader to trader. At the same time, the best Forex strategy will invariably use price action. This is also known as technical analysis. When it comes to technical currency trading strategies, there are two main styles: trend following and countertrend trading. Both of these FX trading strategies try to profit by recognising and exploiting price patterns.

When it comes to price patterns, the most important concepts include support and resistance. Put simply, these terms represent the tendency of a market to bounce back from previous lows and highs. This occurs because market participants tend to judge subsequent prices against recent highs and lows. Therefore, recent highs and lows are the yardsticks by which current prices are evaluated. There is also a self-fulfilling aspect to support and resistance levels. This happens because market participants anticipate certain price action at these points and act accordingly.

As a result, their actions can contribute to the market behaving as they had expected. Did you know that you can see live technical and fundamental analysis in the Admirals Trading Spotlight webinar? In these FREE live sessions, taken three times a week, professional traders will show you a wide variety of technical and fundamental analysis trading techniques you can use to identify common chart patterns and trading opportunities in a variety of different markets.

Sometimes a market breaks out of a range, moving below the support or above the resistance to start a trend. How does this happen? When support breaks down and a market moves to new lows, buyers begin to hold off. This is because buyers are constantly noticing cheaper prices being established and want to wait for a bottom to be reached.

At the same time, there will be traders who are selling in panic or simply being forced out of their positions or building short positions because they believe it can go lower. The trend continues until the selling is depleted and belief starts to return to buyers when it is established that the prices will not decline further.

Trend-following strategies encourage traders to buy the market once it has broken through resistance and sell a market once they have fallen through support. In addition, trends can be dramatic and prolonged, too.

Because of the magnitude of moves involved, this type of system has the potential to be the most successful Forex trading strategy. Trend-following systems use indicators to inform traders when a new trend may have begun, but there's no sure-fire way to know of course. Here's the good news: If the indicator can establish a time when there's an improved chance that a trend has begun, you are tilting the odds in your favour to use the best Forex trading system.

The indication that a trend might be forming is called a breakout. A breakout is when the price moves beyond the highest high or the lowest low for a specified number of days. For example A day breakout to the upside is when the price goes above the highest high of the last 20 days. Trend-following systems require a particular mindset, because of the long duration - during which time profits can disappear as the market swings.

These trades can be more psychologically demanding. When markets are volatile, trends will tend to be more disguised and price swings will be greater. Therefore, a trend-following system is the best trading strategy for Forex markets that are quiet and trending.

A good example of a simple trend-following strategy is a Donchian Trend system. Donchian channels were invented by futures trader Richard Donchian , and is an indicator of trends being established. The Donchian channel parameters can be tweaked as you see fit, but for this example, we will look at a day breakout. It's called Admiral Donchian. To upgrade your MetaTrader platform to the Supreme Edition simply click on the banner below:.

There is an additional rule for trading when the market state is more favourable to the Forex trading system. This rule is designed to filter out breakouts that go against the long-term trend. In short, you look at the day moving average MA and the day moving average. The direction of the shorter moving average determines the direction that is permitted.

This rule states that you can only go:. Trades are exited in a similar way to entry, but only using a day breakout. This means that if you open a long position and the market goes below the low of the prior 10 days, you might want to sell to exit the trade and vice versa. Now let's look at another system that could be the best trading strategy for you.

One potentially beneficial and profitable Forex trading strategy is the 4-hour trend following strategy which can also be used as a swing trading strategy. This strategy uses a 4-hour base chart to screen for potential trading signal locations. The 1-hour chart is used as the signal chart, to determine where the actual positions will be taken. Always remember that the time frame for the signal chart should be at least an hour lower than the base chart.

For this Forex strategy, two sets of moving average lines are chosen for the best results. One will be the period MA, while the other is the period MA. To ascertain whether a trend is worth trading, the MA lines will need to relate to the price action. The MA lines will be a support zone during uptrends, and there will be resistance zones during downtrends. It is inside and around this zone that the best positions for the trend trading strategy can be found.

Below is a daily chart of GBPUSD showing the exponential moving average purple line and the exponential moving average red line on the chart:. Counter-trend strategies rely on the fact that most breakouts do not develop into long-term trends. Therefore, a trader using such a strategy seeks to gain an edge from the tendency of prices to bounce off previously established highs and lows. On paper, counter-trend strategies can be one of the best Forex trading strategies for building confidence, because they have a high success ratio.

However, it's important to note that tight reins are needed on the risk management side. These Forex trading strategies rely on support and resistance levels holding. But there is also a risk of large downsides when these levels break down. Constant monitoring of the market is a good idea. The market state that best suits this type of strategy is stable and volatile. This sort of market environment offers healthy price swings that are constrained within a range.

It's important to note that the market can switch states. For example, a stable and quiet market might begin to trend, while remaining stable, then become volatile as the trend develops. How the state of a market might change is uncertain. You should be looking for evidence of what the current state is, to inform you whether it suits your trading style or not and should be one of the Forex strategies you should be using.

Source: Admirals Demo Account Example. Many types of technical indicators have been developed over the years. The great leaps made forward with online trading technologies have made it much more accessible for individuals to construct their own indicators and systems, as we've gone through in these trading strategy guides.

You can read more about technical indicators by checking out our education section or through the trading platforms we offer. The best Forex trading strategies for beginners are the simple, well-established strategies that have worked for a huge list of successful Forex traders already.

Of course, many newcomers to Forex trading will ask the question: Can you get rich by trading Forex? It's important to understand that trading is about winning and losing and that there is always risk involved. In some cases, you could lose more than your initial investment on a trade.

There are no easy Forex trading strategies which are going to make you rich overnight, so do not believe any false headlines promising you this. Trading Forex is not a 'get rich quick' scheme. However, through trial and error and the use of a demo trading account, you can learn about the Forex market and yourself to find a suitable style.

It can also help you understand the risks of trading before making the transition to a live account. Traders that choose Admirals will be pleased to know that you can trade in a virtual environment by opening a demo trading account. Instead of heading straight to the live markets and putting your capital at risk, you can practice your Forex trading strategies on a FREE demo account.

This is a great way to help you find the best trading strategy for yourself and the trading strategies that will help you become successful. You can open a FREE demo trading account in just a few minutes and access a range of additional trading indicators and software complimentary.

Admirals is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8, financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today! This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks. Contact us.

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Moving Average (MA). Bollinger Bands. Average True Range (ATR).