Introduction The built-in tester of MetaTrader 5 allows you to optimize most sophisticated algotrading strategies. The result of this process is a table with the robot’s performance for different (more profitable, if found) input settings. Each specific pass has its own set of input variables, and can be probed directly from the GUI table by…
The gold price surge in 2024 has captured the attention of both investors and market analysts. As the world faces growing economic uncertainty, gold has once again solidified its position as a reliable store of value. In fact, the latest data shows that the gold price surge has outpaced many other asset classes, delivering remarkable…
US Dollar Index hits new yearly low after PCE inflation report came in softer than expected. PCE data shows personal income rose less than expected, PCE price index increased by 0.1% MoM, and core PCE increased by 0.1%, below expectations. DXY is on the edge of a cliff as rate cut bets and dovish Fed…
Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or LossThe profit or loss status of open trades. UptrendCharacterized by a series of higher price highs and higher price lows. Uptrend LineA line drawn through least two ascending price lows, with a third needed for confirmation…
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