RoboForex - roboforex.com

[Vlad RF]

RoboForex: changes in trading schedule (Memorial Day in the USA and Late May Bank Holiday in the UK)

Dear Clients and Partners,​

We’re informing you that due to public holidays in the USA (Memorial Day) and the United Kingdom (Late May Bank Holiday), several instruments will be traded according to the changed schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Trading schedule on Metals (XAUUSD and XAGUSD), US indices (US30Cash, US500Cash, and USTECHCash) and CFDs on oil (Brent and WTI)

• May 25th, 2020 – trading stops at 7:45 PM server time.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFDs on US stocks

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFDs on Russian GDRs

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

R Trader platform

Trading schedule on US stocks and ETFs

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFDs on US stocks and ETFs

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFDs on US indices (US500, US30, and NAS100)

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFDs on UK stocks

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on CFD on UK100 index

• May 25th, 2020 – no trading.
• May 26th, 2020 – trading starts as usual.

Trading schedule on Metals (XAUUSD and XAGUSD) and CFDs on oil (WTI.oil, BRENT.oil)

• May 25th, 2020 – trading stops at 7:45 PM server time.
• May 26th, 2020 – trading starts as usual.

Please, take into account these changes in schedule when planning your trading activity.

* – This schedule is for informational purposes only and may be changed by the provider.

Sincerely,
RoboForex team

 

[Vlad RF]

Gartley Butterfly Pattern: Indicator and Trading Strategy

Author: Victor Gryazin

Dear Traders,​

In this review, we will discuss a well-known trading pattern - the Gartley Butterfly. You may learn to find this pattern on the chart by yourself or use the ZUP indicator, specially created for finding and drawing the pattern on the price chart.

Pattern history

The Gartley Butterfly pattern appeared as long ago as 1935 thanks to a famous analyst and tech analysis expert Harold M. Gartley. He specialized in stock market analysis, delivered lectures on tech analysis, and consulted Wall Street traders. In the end, Gartley's tech analysis study course turned into a book called "Profits In the Stock Market", where he first described a pattern that was later named Butterfly.

The Gartley Butterfly became popular a bit later, at the end of the 20th century. Gartley's works were improved by his followers Scott M. Carney and Larry Pesavento. The latter added the Fibonacci levels to the Butterfly to define and classify patterns more precisely. A Gartley Butterfly with perfect Fibo proportions is called the Pesavento Butterfly.

Gartley Butterfly pattern description and trading method

The Gartley Butterfly belongs to harmonic trading patterns - the ones which form by a certain scheme including Fibo levels. The pattern consists of four price movement sections (waves), the second, third, and fourth ones being, in essence, a three-wave correction of the first movement. The pattern got its name because its lines and Fibo levels on the chart look like a butterfly's wings.

The Gartley Butterfly forms on different timeframes; quite often, it acts as a trend continuation pattern for the actual trend on a larger timeframe. The pattern works well with other tech analysis instruments: trendlines, support, and resistance levels. If the pattern forms according to the Fibo relations singled out by Pesavento, it will work off more probably, however, even without them, the pattern is trustworthy.

Bullish Gartley Butterfly

A bullish (buying) pattern looks like an ascending price impulse XA followed by a three-wave correction AB-BC-CD. The pattern roughly looks as follows:

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

Trading the Alligator+Fractals Strategy

Author: Maks Artemov

Dear Traders,​

Today, we will speak about one of the most popular Forex strategies called Alligator+Fractals. It was designed by a famous market psychologist and successful trader Bill Williams in the 20th century, however, it remains topical nowadays.

Alligator+Fractals belongs to trend strategies, which means it does not work in the times of a flat.

This strategy is multicurrency, however, observations show that it works better on instruments with a small spread, such as most basic currency pairs and metals. With high-volatile instruments, it may give false signals.

You may use any timeframe; however, on smaller ones, signals will be multiple but their quality may worsen. On H4 and longer timeframes, signals will demonstrate better quality but appear more rarely. A trade will be working off for several days if not weeks. The size of Stop Losses on large timeframes may exceed the size allowed by your risk management. However, the profit may be huge compared to the Stop Loss.

The Fractals and Alligator indicators: the base of the strategy

This strategy is based on two indicators designed by Bill Williams and included in most trading terminals by default:

1. Fractals
2. Alligator

Fractals indicator settings

The Fractals indicator looks like an arrow above a Japanese candlestick or a bar and points at the price extreme. For a Fractal to appear, the following conditions are necessary:

• The highs of the two first candlesticks are increasing.
• The high of the third candlestick is higher than those of the preceding two candlesticks.
• The highs of the fourth and fifth candlesticks are decreasing gradually.
• If all the requirements are met, a fractal forms on the extreme.

In the settings, you may only change the color and the width of the line. Other parameters are set.

Fractals indicator​

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex: changes in trading schedule (Whit Monday)

Dear Clients and Partners,​

We’re informing you that due to the Whit Monday in several European countries, there will be some changes in the trading schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Trading schedule on CFDs on the German index DE30Cash

• June 1st, 2020 – no trading.
• June 2nd, 2020 – trading starts as usual.

R Trader platform

Trading schedule on CFDs on GER30 index

• June 1st, 2020 – no trading.
• June 2nd, 2020 – trading starts as usual.

Trading schedule on CFDs on German, Austrian, Danish, and Norwegian stocks

• June 1st, 2020 – no trading.
• June 2nd, 2020 – trading starts as usual.

Please, take into account these changes in schedule when planning your trading activity.

* – This schedule is for informational purposes only and may be changed by the provider.

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex changes conditions of using the VPS server for its clients

Dear Clients and Partners,​

RoboForex has changed terms of using the VPS server for clients with standard trading conditions and VIP clients by making them simpler and more convenient.

What has changed for clients with standard trading conditions?

From now on, clients with standard trading conditions have the opportunity to use our VPS server regardless of their trading volume but for a monthly fee in the amount of 5 USD.

The fee for using the VPS server will be deducted from the client’s USD Wallet if their trading volume is insufficient.

To continue using the VPS server, the client must go to the “Your VPS 2.0 Server” page in their Members Area, choose the “Renew” option and tick “Renew automatically”.

What has changed for VIP clients?

VIP clients will be provided with the VPS server for free if they performed at least 1 transaction over the previous calendar month.
The complete list of terms of using VPS can be found on the “VPS server” page.

Sincerely,
RoboForex team

 

[Vlad RF]

How to Use Mean Reversion Indicator: Settings and Trading

Author: Maks Artemov

Dear Traders,​

Many traders use support and resistance levels in their trading systems and strategies. There are quite many ways of using them: they apply to market and pending orders, their breakaways and bounces off them may be used in market analysis; also, they are landmarks for Stop Losses and Take Profits. Moreover, traders pay attention to the overbought and oversold areas. For trading, a comprehensive approach may be used: tech analysis suits for detecting the levels and indicators help find the oversold and overbought areas. However, you might manage with just one indicator that will show everything. It is called Mean Reversion.

Mean Reversion overview

Let us look at the indicator in action and try to see into its signals.

Mean Reversion belongs to the group of channel indicators. This means that on the chart it draws channels inside which the price moves and tries to forecast its behavior. The multi-currency Mean Reversion indicator in MT4 applies to all trading instruments. The developer states that it works on any timeframe and in any trading session. Theoretically, its application in Forex is unlimited.

Mean Reversion​

Mean Reversion settings

The indicator is drawn on the chart of the instrument and looks like seven lines, between which the price moves. The central line is the main one, above and below it six more lines constitute the channel. The main line is called the gravity center. It is calculated based on polynomial regression. Other lines show the overbought and oversold areas and are calculated as a standard deviation from the central one. For the sake of clarity, the overbought area lies above the central line between the grey and upper blue lines. The oversold area lies below the main line between the grey and lower red lines.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!​

RoboForex company brings to your attention a contests project - "ContestFX". It includes several regular contests held on demo accounts, where anyone from beginner to already experienced traders can take part. All competitions are free, they have different durations, formats, and conditions, which provide a great opportunity for each participant to join the most interesting competition for themselves.

A unique feature of our project is the option of universal one-time registration. We make sure that when joining the next round of competition, our participants don't have to waste time by filling their personal data - once after passing through the simple steps of joining a competition round, then the contestants can join any current round of the contest in just a few clicks.

And most interestingly - by winning in our demo contests all winners receive astonishing prizes to their real trading accounts as a reward! Take part in any of the contests of the ContestFX project and earn your starting capital to start Forex trading!

We're waiting for your questions and suggestions in this thread and wish all of our contestants fair trading!

Sincerely,
RoboForex Contest

 

[Vlad RF]

RoboForex adds several useful improvements to R Trader

Dear Clients and Partners,​

We’ve added several improvements to the R Trader trading platform aimed at making your forecasts more accurate and your trading - more comfortable. Benefit from all opportunities of the updated web terminal for more efficient work with more than 12,000 popular instruments.

More about R Trader improvements​

1. 4 new trading indicators

Use “Force Index”, “Volume-Weighted Average Price” (VWAP), “Pivot Point”, and “Donchian channel” to perfect your trading strategy.


2. Trading log in convenient charts

Analyze your trading results using a new R Trader tool called “Trading log”. Your trading history is now displayed in the chart form showing the key statistical performance of your accounts, such as profit, Equity, “drawdown”, depositing, and balance.


3. Corporate events calendar

Following important news of the world’s largest companies and be the first to learn about such high-profile events as:

Dividends – dates when dividends are paid to shareholders.

Earnings – dates when financial reports are published.

Splits – dates when stocks are split and consolidated.


4. Contract specifications right in the terminal

No more wasting time on looking for information about trading conditions for the asset you’re interested in – contract specifications for each trading instrument are available directly in the platform itself.


5. “Enhanced” mobile version

• Improved charts.
• More convenient navigation.
• Expanded Watchlist.
• Updated interface

A more detailed review of new tools and improvements can be found in the RoboForex blog. Benefit from all opportunities of the updated R Trader platform for achieving your most ambitious trading goals.

Go to the terminal​

Sincerely,
RoboForex team

 

[Vlad RF]

Shooting Pips: Trading the Sniper Strategy

Author: Andrey Goilov

Dear Traders,​

Today, there are plenty of trading strategies and work options for various markets both with indicators and without them. The Sniper strategy belongs to the second group: it consists of chart analysis solely, involving no additional indicators.

Opinions differ about using just the price chart for trading. Some think that this type of trading is subjective, and several traders may see different signals on the same chart. Moreover, this trading method is hard to back-test, unlike the work of indicators, where you can study all previous signals rather easily.

However, the Sniper remains popular among Internet users, experienced traders and beginners alike. In this overview, we will discuss the peculiarities, advantages, and drawbacks of the strategy.

Description of the Sniper strategy

The strategy is meant for intraday trading, which means positions are not transferred to the next day. Also, trades are not opened at the moment of the publication of important economic news. The strategy uses classical instruments of tech analysis, such as the support and resistance levels, sideways movements. The publication of news, in this case, may hinder trading the levels.

GBP/USD price chart - Sniper strategy​

The idea is to open positions in the direction of the breakaway of the channel that was formed at night - using horizontal levels. As a rule, at night, volatility drops significantly, and flats form, squeezed between strict levels.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, project ContestFx presents you the following rounds:

The 111th round started last Monday, the month of June "Demo Forex".
Just started the 262th round "Week with CFD".
10.06.2020 starts at 12:00 - 395th "Trade Day".
11.06.2020 starts at 20:00 - 312th "KingSize MT5".

After completing a simple registration process, in just a few clicks participation becomes available for all contestants in any round of the contest and by winning prize money you can start full-fledged trading on the Forex market without investing your own financial savings as the starting deposit.

We're looking forward to all of you on our site and wish you success!

Sincerely,
RoboForex Contest