RoboForex - roboforex.com

[matfx]

I have been using Roboforex since 2011 with no issue at all, platform stable (MT4/MT5), multi aset available for trading, customer service is great and no issue of withdrawal.

 

[Vlad RF]

RoboForex: upcoming changes to the trading schedule due to reverting to Daylight Saving Time

Dear Clients and Partners,​

We’re informing you that on 13 March 2022, the USA will revert from Standard Time to Daylight Saving Time. In Europe, reverting from Standard Time to DST will take effect on 27 March 2022. Thereby, there will be more changes to the trading schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading on CFDs on US indices (US30Cash, US500Cash, USTECHCash) and oil (Brent, WTI)

• From 14 to 25 March 2022, trading CFDs on US indices and Oil will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 02:00 AM - 10:15 PM.

Schedule for trading on Metals (XAUUSD, XAGUSD) and CFDs on the JP225Cash index

• From 14 to 25 March 2022, trading CFDs on Metals and CFDs on the JP225Cash index will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 12:05 AM - 10:55 PM.

Schedule for trading on CFDs on US stocks

• From 14 to 25 March 2022, trading CFDs on US stocks will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 03:31 PM - 09:59 PM.

Please note that, on 18 and 25 March 2022, trading on all instruments in all platforms will be closed at 11:00 PM server time. In addition, from 14 to 25 March 2022, the bank rollover time will be from 10:00 PM to 12:30 AM server time. Consequently, this might lead to short-term interruptions in quoting, and significant widening of spreads.

R StocksTrader platform

Schedule for trading on US stocks and ETFs, CFDs on US stocks and ETFs

• 1From 14 to 25 March 2022, trading US stocks and ETFs, CFDs on US stocks and ETFs will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 03:30 PM - 10:00 PM.

Schedule for trading on CFDs on oil (BRENT.oil, WTI.oil) and US indices (NAS100, US30, US500)

• From 14 to 25 March 2022, trading CFDs on Oil will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 02:00 AM - 10:15 PM.

Schedule for trading on Metals (XAUUSD, XAGUSD)

• From 14 to 25 March 2022, trading CFDs on Metals will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 12:05 AM - 10:55 PM.

Schedule for trading on all currency pairs

• From 14 to 25 March 2022, trading all currency pairs will be stopped for an interval 1 hour earlier than usual (server time).
  Interval period (server time): 11:00 PM - 11:15 PM.
• Starting 28 March 2022, all currency pairs will be available for trading within the operating range of the contract specifications.

Please note that, on 18 and 25 March 2022, trading on all instruments, including Cryptocurrencies, in all platforms will be closed at 11:00 PM server time.

cTrader platform

Schedule for trading on all currency pairs

• From 14 to 25 March 2022, trading all currency pairs will be stopped for an interval from 10:55 PM - 11:05 PM (server time).

Schedule for trading on Metals (XAUUSD, XAGUSD)

• From 14 to 25 March 2022, trading Metals will be opened and closed 1 hour earlier than usual (server time).
  Trading session (server time): 12:05 AM - 10:55 PM.

Please note that, on 18 and 25 March 2022, trading on all instruments in all platforms will be closed at 11:00 PM server time. In addition, from 14 to 25 March 2022, the bank rollover time will be from 10:00 PM to 12:30 AM server time. Consequently, this might lead to short-term interruptions in quoting, and significant widening of spreads.

Please bear these changes in the schedule in mind when planning your trading activity.

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

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project will continue, as usual, with the following competitions on demo accounts:

The 132nd competition of "Demo Forex" and the 351st competition of "Week with CFD" have just started.
485th competition of "Trade Day" will start on 09.03.2022 at 12:00.
399th competition of "KingSize MT5" will start on 10.03.2022 at 20:00.

To take part in our competitions, it is enough to go through a simple registration procedure and then participation in any competition you chose will be available in just a couple of mouse clicks.

Good luck to all traders!

Sincerely,
RoboForex Contest

 

[Vlad RF]

Divergence and Convergence in Trading: How to Use Signals

Author: Victor Gryazin

Dear Clients and Partners,​

This article is devoted to such terms as divergence and convergence as well as their use in trading.

What is divergence

Divergence is the instance when the price chat diverges with the used trading indicator. This looks as follows: in an ascending movement the price chart forms a new high that is higher than the previous one while the indicator shows a high that is no higher than the previous one. This inequality might mean that the bulls are losing power, so next thing a descending correction or even a reversal follows.

A classic divergence consists of two highs of the price chart and two corresponding highs of the trading indicator. One of the most popular indicators for catching divergences is the MACD (Moving Average Convergence/Divergence).

How to use convergence and divergence in trading

A divergence or a convergence on the chart is considered a useful trading signal. Many traders fish for them to open or close their positions.

To catch convergences/divergences, various indicators can be used, the most popular of them being the MACD, RSI, and Stochastic. Convergences/divergences can be traded on any highly liquid assets, on timeframes from H1 and higher.

How to sell with divergences

When a divergence appears, it gives a signal to sell: the quotes set a new local high but the indicator does not confirm it. However, quite often signals from divergences go against the current trend, giving a good reason for closing profitable positions because a reversal becomes too possible.

As for opening new positions against the trend, here one needs to be extremely careful. Beginners should rather abstain from this. To open new positions, divergences during corrections are better. If there is a correction of a downtrend, and a divergence appears in the meantime, this is a good signal to sell. Positions should be open by the current trend

Example of selling by a divergence

• On H1 of GBP/USD in an ascending correction the MACD signaled about a divergence.
• After a local high formed and the price reversed downwards, a selling position by the trend can be opened.
• Stop Loss is to be placed behind the last high, and Profit can be taken as soon as a strong support level is reached.

Bottom line

Divergence and convergence stand for the process of diverging/converging of the price chart and the trading indicator. These are good trading signals used for opening and closing positions.

To make signals more efficient, the divergence/convergence should be used alongside other instruments of tech analysis. Before trading for real, practice on a demo account.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

Why ChargePoint Shares Are Interesting Investment

Author: Eugene Savitsky

Dear Clients and Partners,​

Every year, more and more electric cars are sold all over the world. In 2021, 6.75 million electric cars were sold, i.e. 120% more than in 2020. If not for the shortage of semiconductors, the result would have been even more stunning. Today the overall number of sold electric cars in the world reaches almost 16 million, which is 8.5% of all vehicles.

For comfortable driving, electric cars require lots of charging points. The demand for the development of charging stations network makes companies from this segment quite appealing for investments. The leader of the segment is ChargePoint Holdings Inc. (NYSE: CHPT). This is the corporation that this article is devoted to.

What we know about ChargePoint Holdings

This company, founded in 2007, makes equipment and software for charging electric vehicles. As checked on 31 January 2022, Charge Point Holdings manages the world’s largest network of charging stations – 174,000 stations in 16 countries. 51,000 out of them are situated in Europe.

The company has carried out 13 rounds of investments, and the list of those eager to invest in its development features, among other companies, Daimler AG, BMW Siemens AG, Chevron Corp, Toyota Motor Corp, American Electric Power, Canada Pension Plan Investment Board, Singapore GIC, and Chevron Technology Ventures.

Note the participation of Canada Pension Plan Investment Board and Singapore GIC. Such large and conservative trusts investing in the company means that they consider ChargePoint promising.

Moreover, Canada Pension Plan Investment Board and Singapore GIC can now lobby the interests of the company in their home countries. This will not only let the American company increase its presence in the market but also step further away from the nearest rival – such as Blink Charging Co. (NASDAQ: BLNK).

Tech analysis of ChargePont Holdings shares

ChargePoint Holdings shares are trading in a downtrend, and here is an explanation of why it is normal. After the agitation of 2020, the shares of the corporation grew by 220% to 50 USD, and the capitalization reached 16.5 billion USD. However, the revenue at that time only reached 40 million USD.

To compare: the capitalization of ROKU Inc. (NASDAQ: ROKU) is now 16.7 billion USD, while its quarterly income is 865 million USD, and the net profit is 23 million USD.

The share price of ChargePoint Holdings did not stay at such levels for long and started descending gradually. The first strong support level at which market players started buying the shares was at 20 USD and stayed there for long. The quotations tested it 4 times, bouncing off each time and then rising by 30-85%.

Now the resistance level of 15.5 USD should be noted, and a breakaway of this will be the first signal for possible growth of the price to 20 USD. And then, if the quotations manage to rise over 20 USD, the trend might reverse and start a long-term uptrend. This breakaway will mean a breakaway of the descending trendline.

Closing thoughts

ChargePoint Holdings is the leader in the market of electric car chargers. The growth in the sales of electric cars will provoke stable increased demand for the produce of the company.

Currently, investments in ChargePoint Holdings can be regarded as long-term. The risk here is an increase in the interest rate of the Fed that will make the debts of the company also grow. For now, this is the only weak point.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, RoboForex's project called ContestFX invites everyone to take part in the following competitions:

The 132nd competition of "Demo Forex" kicked off seven days ago.
The 352nd competition of "Week with CFD" has started today.
486th competition of "Trade Day" will start on 16.03.2022 at 12:00.
400th competition of "KingSize MT5" will start on 17.03.2022 at 20:00.

If you want to enter the Forex market without an initial deposit, it's time to win in our demo competitions. All winners of our competitions get prize money credited to their real accounts, so they can use them to earn on the Forex market without investing their own savings.

Good luck to all!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Use Standard Deviation Indicator in Trading

Author: Victor Gryazin

Dear Clients and Partners,​

Today the article is devoted to the Standard Deviation indicator. It helps evaluate the dynamics of volatility of a financial instrument and find promising entry points.

What the indicator shows

Standard Deviation (STDev) is a trading instrument that shows how far the price of a financial instrument deviates from standard values of a certain period. It shows the deviation from a Simple Moving Average and thus helps to assess the change in the price volatility.

The indicator conditionally belongs to trend ones: when it grows, this might mean the beginning of a new market trend. The higher the volatility and the more the price fluctuates from the average over the chosen period, the higher STDev values will be. And vice versa: if the quotes are stable, trading in a narrow price range, indicator values will fall to the lows.

STDev can be used for trading on its own and alongside other indicators. Also, it is used inside more complicated indicators. For example, it can be found in a famous channel indicator Bollinger Bands: STDev helps to calculate the borders of the price range for the quotes.

Standard Deviation appears in a separate window under the chart and has just one main line. Its values start with 0 and always remain positive, i.e. never drop under 0.

The indicator does not show trend direction. The line will grow alongside the growth of volatility regardless of the market direction, equally when the quotes are growing and falling.

How to install Standard Deviation

Standard Deviation is built in the majority of popular trading platforms. To install it on the chosen price chart on the MetaTrader 4 and MetaTrader 5 platforms, go to the Main Menu. Your algorithm is: Main Menu – Insert – Indicators – Trend – Standard Deviation.

You can customize the following settings:

• Period is the period for which the indicator will be calculated. By default, it is 20.
• Apply to: choose the price that calculations will be based on. By default, it is Close.
• MA method is the calculation method for the MA. By default, it is Simple.
• Style sets the appearance of the line. You can change its color, width, and representation method.

Calculating Standard Deviation

To calculate the indicator, use the following formula of statistic average square deviation:

Standard Deviation = Sqrt (SUM ((CLOSE - SMA (CLOSE, N)) ^ 2, N) /N)

Where:

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex received the “Best Stocks Broker Global” award

Dear Clients and Partners,​

We’re happy to share the good news: RoboForex is recognised as the "Best Stocks Broker Global 2022" by The London Trader Show Awards. It’s an annual conference in London, where market professionals gather to discuss different trends in financial instrument trading. The event also implies awarding brokers for their quality products and services. The winners are decided by a vote among experts, which is held throughout the month before the conference starts

• Over 12,000 instruments
  Stocks, Indices, and other popular exchange-traded and OTC assets.
  
  
• Best trading solutions
  Trading operations can be performed through reliable terminals, such as MetaTrader 4 and MetaTrader 5, as well as the R StocksTrader multi-asset platform.
  
  
• Charge-free additional materials
  RoboForex clients have access to a rich knowledge base and quick analytical tools.

Moving forward is our style!

The RoboForex team keeps a close eye on new trends in the industry and follows up on suggestions of the company’s clients and partners. A growing number of awards says that our products and services get better and meet the requirements of the market.

Thank you for choosing RoboForex and helping us to improve. Each of the Company’s successes is our common victory!

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project will continue with the following exciting competitions on demo accounts:

The 132nd competition of "Demo Forex" has gained "full speed".
The 353rd competition of "Week with CFD" has just started.
At 12:00, March 23rd, 2022, starts the 487th competition of "Trade Day".
At 20:00, March 24th, 2022, starts the 401st competition of "KingSize MT5".

We remind you that to participate in any of our competitions, just go through a simple registration procedure once and then you'll get access to the chosen competitions with just a couple of mouse clicks.

We're looking forward to your joining in and wish you a winning trend!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Trade Three Black Crows Candlestick Pattern

Author: Maks Artemov

Dear Clients and Partners,​

In candlestick analysis, all patterns can be divided into two groups – trend continuation patterns and reversal patterns. Today, the article is about the Three Black Crows pattern belonging to the second group. This is definitely not the most frequent pattern on the chart yet experienced traders who use candlestick analysis are well acquainted with it.

How Three Black Crows pattern forms

After a lengthy ascending impulse and a lot of purchases market players start closing their positions. The price forms a minor gap, and the first candlestick out of the three comprising the pattern opens above the previous closing price or at the same level.

Then the second candlestick opens at the close level of the first one, and after it closes in its turn, the third candlestick opens. The opening price of the third one coincides with the closing price of the second one or belongs somewhere close to this level. Next, the trend reverses.

Conditions for Three Black Crows

• There is a lengthy ascending movement of the quotes.
• The pattern forms at the resistance level.
• The three candlesticks are of roughly the same size.
• Three candlesticks successively forming on a smaller timeframe, form one big Engulfing candlestick on a larger one.
• Each next candlestick opens at the close level of the previous one or a bit higher.
• Shadows of the candlesticks are relatively small or totally lacking.

Examples of using Three Black Crows

This pattern can be used both alongside other means of analysis and on its own. Indicators act as additional filters that enhance trade efficacy.

Example of selling by the pattern without indicators

• On the EUR/AUD chart, there has formed a Hanging Man.
• After that, at the top of the uptrend, there formed Three Black Crows.
• When the third candlestick closes, open a selling position at the fourth candlestick.
• Stop Loss is to be placed at the nearest high.
• Place the TP as 1:3 against the SL. In this case, the SL is 900 points and the TP 1, accordingly – 2,700 points.
• Later, when the price approaches the TP 1, the trader can place a TP 2 at the next support level.
• The trader can monitor the position and move the SL to the positive zone when necessary.

Bottom line

Before using Three Black Crows, the trader needs to study all of its conditions and peculiarities. The strategy is t be tested alongside other means of market analysis.

For example, the trader can try out those indicators they are used to. This will help filter signals from Three Black Crows.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team