Author: ForexView Team

The Average True Range (ATR) is a volatility indicator that measures the average size of an instrument’s price movements over a defined lookback period. It was developed by J. Welles…

Support and resistance are the foundational concepts of technical analysis in forex and all financial markets. Support is a price level where buying pressure has historically emerged strongly enough to…

A moving average crossover is a technical signal that occurs when one moving average crosses through another, indicating a potential shift in trend direction or momentum. The signal is one…

A pivot point is a technical analysis tool that uses the previous period’s high, low, and close to calculate a central reference price along with several levels of support and…

A Fibonacci retracement is a technical analysis tool that uses horizontal lines at specific percentage levels to identify potential support and resistance areas during a market pullback. The percentages are…

The stochastic oscillator is a momentum indicator that compares an instrument’s closing price to its price range over a defined lookback period, producing a value between 0 and 100. It…

Bollinger Bands are a volatility-based indicator that plots three lines on a price chart: a middle line, which is a moving average of price, and two outer lines (bands) that…

The MACD (Moving Average Convergence Divergence) is a momentum indicator that compares two exponential moving averages of price to gauge the strength and direction of a trend. It was developed…

A moving average is a calculated indicator that plots the average price of an instrument over a defined number of past periods, with the value updated as each new candle…

The pip value of a position is the cash impact of a one-pip move in the exchange rate. Knowing the pip value is essential for position sizing, stop loss planning,…

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of recent price changes on a scale from 0 to 100. It was developed by…

“Invalid S/L or T/P” is an error message in MetaTrader 4 that appears when the platform rejects an order or modification because the stop loss or take profit level is…

The trade confirmation window in MetaTrader, more commonly called the Order window or new order ticket, is the dialog where traders enter and review the details of an order before…

“Off quotes” is an error message in MetaTrader 4 that appears when the platform cannot complete an order request because the broker does not have a current, executable price available….

Modifying an open trade in MetaTrader 4 means adjusting the stop loss or take profit attached to a position that has already been filled. The platform allows these levels to…

Balance and equity are two of the most important values displayed in the MT4 Terminal window, and the distinction between them is fundamental to understanding the state of a trading…

The Terminal window is the multi-tab panel at the bottom of the MetaTrader 4 interface that displays account, trade, and platform information. It is the central place where traders monitor…

Changing the timeframe of a chart in MetaTrader 4 is a routine action that traders perform many times in a typical session. The platform supports nine standard timeframes, ranging from…

One-click trading is a MetaTrader feature that allows market orders to be placed instantly from a small panel at the top-left corner of the chart, without going through the standard…

Adding a currency pair in MetaTrader 4 is the process of making a trading symbol visible in the Market Watch window so that it can be charted, ordered, and tracked….