Learn more and install the Connect tool here. Or, if you'd like even more data, our exclusive Premium Analytics portal offers traders access to real-time Forex and trading news feeds, with the option to filter based on trading instruments or the latest live news.

While the portal is available absolutely free, there is a perk if you have a live trading account with Admirals - over news stories a day.

Meanwhile, traders with demo accounts will get access to up to free news stories. Many traders see the appeal of technical analysis , as it allows them to identify FX trading opportunities without having to keep up to date with market news.

The main challenge, though, is identifying accurate patterns that generate reliable trading signals. The first one we'll cover is in the Technical Analysis and Trading Signals feature in Admirals' Premium Analytics portal.

Powered by Trading Central's award-winning technology, this widget combines actionable technical analysis on virtually every financial instrument including stocks and Forex to help investors optimise their trading strategies. These technical analysis tools incorporate independent opinions of Trading Central's global research team, provide automated and personalised trade ideas and combine technical and fundamental analysis to help generate trading signals for active traders.

The second feature, also powered by Trading Central, is available in the MetaTrader Supreme Edition plugin. Traders can also continue to learn about any instrument through the "Learn more" and "View Historical Events" buttons. This progressive disclosure of information informs new traders on how to approach the jumping-off point and begin trading, and supports their ability to continue learning at their own pace. The Technical Summary Score removes the need to wade through extraneous details to form a decision.

It enables traders to see a concise technical outlook across three timeframes in an instant! Using a proprietary weight-of-evidence approach, the Score displays the directional outlook of either bullish, bearish or neutral, across short- to long-term timeframes, to provide simple and concise support at the moment it's needed.

With thousands of financial markets , news events and technical signals to keep track of, it's impossible for any trader to monitor all market movements for the best trading opportunities. Featured Ideas delivers unbiased, intraday trading ideas tailored to each individual trader's preferences such as holding timeframes, favourite patterns, or preferred currencies.

Featured Ideas' transparent and informational feature set helps teach new traders about technical analysis, and assists traders of all skill-levels in crafting confident, timely decisions and strategies. Each idea offers clear and concise commentary on the reasons why this idea was displayed, and what the technical events mean for price movement.

Hovering over the pattern will teach you about that technical pattern, and "watching" an idea will allow you to keep track of how it performs so you can make a confident, educated decision next time you see that pattern. Are you interested in finding more information on trading tools and trading, in general?

Admirals offers free trading webinars and seminars for all experience levels. In these seminars, you will advance your knowledge and abilities with Forex trading tools and other general trading topics. You can register by clicking the banner below:.

The next category of Forex trading tools is those that tell you what's happening in the market right now - who is trading what, how they feel about it, and the relationships between different instruments and markets. While news and calendars are essential tools for identifying trading opportunities, sometimes they can be difficult to interpret. You might expect there to be movement after the European Central Bank's next announcement, but will your preferred trading instruments go up or down?

The problem is that while every trading platform and finance site includes charts, but not every site or platform leads with its ability to provide a true picture of the market. This is where a market heat map can be useful. Market heat maps empower traders to discover moments of extreme undervaluations and overvaluations by giving them a visual breakdown of the market's biggest movers and shakers, as well as the directions in which they're moving.

This means you have an at-a-glance view of exactly what's happening in the market, and you can trade accordingly. Source: Admirals Market Heat Map. See today's heat map here. The market heat map tells you how much an instrument has moved, but it doesn't tell you how traders feel about those movements. This is where market sentiment tools are helpful. Market sentiment tools tell you how the market feels about certain instruments - they might tally up the volume of long trades or short trades, or they might scan the current headlines to see how the media feels about an instrument.

The first market sentiment tool is the free market sentiment widget on the Admirals website. It helps you to understand the current positions of traders, aggregated into one dashboard.

This way, you can see how many traders are holding short positions, and how many are holding long positions. With the help of Market Sentiment, you can double-check whether you want to join the trade, plus what your chances are if you decide to go against the crowd. The next FX tool is available in the free MetaTrader Supreme Edition plugin - the Sentiment Trader tool.

Like the widget on the Admirals website, this gives you the net short and long positions in an instrument, with the convenience of it being accessible from within the MetaTrader platform. Source: Sentiment Trader - EURUSD. Charts for financial instruments in this article are for illustrative purposes and does not constitute trading advice or a solicitation to buy or sell any financial instrument provided by Admirals CFDs, ETFs, Shares.

Past performance is not necessarily an indication of future performance. The third market sentiment tool is the Forex sentiment widget in our Premium Analytics portal, powered by Acuity. This widget uses unique machine learning technology to reveal hidden insights from the text of millions of news articles, presenting it in a visually compelling and intuitive display. Classic technical charting - oversold, overbought, resistance, or breakout level for an instrument - is no longer enough for the modern trader.

Online traders also need to consider more unique approaches to identifying seasonal price patterns. So what is correlation in currency trading? It is the relationship of price changes in one currency to another. For example, the Swiss Franc is usually positively correlated with the Euro, meaning their values move in similar directions. Tool 9: CorrelationA correlation matrix is an FX tool that provides invaluable and in-depth market information across all asset classes in different time frames.

This enables traders to mitigate the risk involved when planning trades, or to spot trading opportunities when strong historical correlations are broken. With the free correlation matrix available in MetaTrader Supreme Edition, you can preview the correlations of trading instruments plotted over various time frames.

The process for downloading and using this tool is the same as the process for the MTSE market sentiment widget. Source: MetaTrader Supreme Edition Correlation Matrix. Learn more and install Correlation Matrix here. We now move onto another category. A good trading strategy includes planning for profits and losses. This allows traders to make calculated risks - by calculating the maximum potential loss they are willing to accept in a trade, they can decide whether the potential profit is worth the risk.

The challenge is that calculating Forex profits and losses isn't simply subtracting the opening price of your trade from the closing price of your trade. You also need to consider trade volume lots , applicable leverage, your account currency, and spreads, swaps and commissions charged by the broker.

The good news is that there is a range of free trading calculators available online, which include all these variables and more.

You can see how it works today with our free Forex calculator. Source: Admirals Forex calculator. Use the calculator here. Now you've identified your trading opportunities, you've gauged market sentiment and you've calculated your potential profits and losses. The next step is trading. Whether you're a scalper, day trader or swing trader , time is money, and you want your trading to be as efficient as possible. This will free you up to conduct further analysis or make more trades, or might simply mean you can get away from your computer more often to enjoy the other parts of your life.

To use the pip calculator, a trader simply has to enter the details of their position that include the instrument or currency pair, the size of the trade, the amount of currency in the account, and the leverage and position size parameters. This tool is extremely useful to keep track of the amounts that positions are worth in the account. Because the foreign exchange market is made up of multiple pairs of currencies, known and calculable correlations exist between currencies, which can be positive or negative, with correlations typically being more prominent in some pairs than in others.

For example, the Swiss Franc generally has a positive correlation with the Euro. These two currency pairs had a very strong positive correlation before the announcement of Brexit, but now they have a much weaker positive correlation. Mataf offers a currency correlation tool that is popular among many forex traders. Correlations can be listed precisely, and can also be coded in intervals. A list of possible correlation intervals from To create a correlation table, the correlation of each currency with respect to all the other currencies is computed for one or more historical period s and put in the box where they intersect in the table.

As an added feature, many correlation tables have their computed boxes color coded where, for example, red is a perfect inverse correlation and blue is a perfect positive correlation, and the rest of the rainbow is assigned in increments to segments situated in between those correlation extremes. One of the most important elements that spread sensitive traders tend to examine before selecting a forex broker is their typical dealing spreads. A tight dealing spread is always preferred by traders, since getting in and out of positions can be considerably less costly if a trader is able to execute their trades at the better exchange rates generally offered by a tighter spread.

Conversely, a wide dealing spread increases the cost of trading and can severely hamper short term traders, such as scalpers who make money by taking positions that they intend to liquidate as soon as a small profit materializes. A typical spread comparison website generally shows the spreads brokers usually quote on major currency pairs, sometimes separated by USD pairs, EUR pairs, GBP pairs, etc.

Many spread comparison websites will allow a browsing trader to filter by currency pair, session or time frame, and they give the trader an edge when it comes to knowing which broker is offering the most competitive dealing spreads.

Unlike most of the tools designed for forex traders, comparing dealer spreads becomes somewhat unnecessary once you have selected a broker to operate with since switching forex brokers afterwards can be inconvenient for a variety of reasons.

The time periods that a trader chooses to be active in the forex market can make a considerable difference to their bottom line. The business hours of these key trading centers also overlap to some degree, with the market opening in Sydney on Sunday at 5PM New York time, and closing on Friday at 5pm New York time. A graphic showing the times that the forex market is open during a 24 hour period in the different financial centers around the world is a useful tool for a trader.

This is especially true since the times that the markets overlap often seem to be when forex trading is most active and the market is most liquid. Trading activity, liquidity and market volatility are three important ingredients necessary for a financial instrument to be traded effectively. As noted, one of the most important elements necessary to successful trading is market volatility.

Currency pairs that have a limited range are typically not the best currency pairs to trade. Calculating the volatility on a currency pair is no trivial matter though, and with the amount of currency pairs available to trade, calculating volatility is best left to a properly programmed computer. A typical forex volatility calculator or indicator will take historical exchange rate information and determine the implied volatility of each currency pair in real time.

A good forex volatility calculator will also break down the historical volatility into various time frames, such as 1 week, 1 month, 3 months and 1 year. For other general FAQ, please check at our main FAQ area. If you have further concern, please leave your question at our contact page. Home Auto Trading Products Indicators Super Custom Indicator Currency Power Indicator Forex Trade Copiers Local Trade Copier Remote Trade Copier Remote Trade Copier Unlimited Trade Receiver Free Trade Managing and Controlling Auto Trade Driver My Money Manager Trade Controller Forex News Trading Forex News Loader Forex News Trader Forex Power Pack Binary Options Tools Binary Options Panel Local Binary Options Copier Remote Binary Options Copier Remote Binary Options Copier Unlimited Binary Options Receiver Free Other Trading Tools Trade Reporter Services Custom MQL coding White Label Affiliate FAQ Contact Us.

Product Overview Comparison Reviews Manual Guide FAQ. Compare with our other products. Setup to trade the selected news automatically with flexible strategies and parameters. The best news EA here with different strategies to trade the news.

Well designed panel which keeps things clean and tidy within one window. Han Siang Singapore. This is an amazing EA. It has multiple strategies out of the box for you to trade. I absolutely love this EA and I will highly recommend it to anyone… and for those who think this is just a news EA, its more than that. I just used it to scalp few pips on my live account while testing it, and it worked like a charm. Bullish United States.

I have just purchased this EA and I am very happy with it. I must say that the developer is very understanding and will always be there to support.

Andrew Pepera United Kingdom. This is a nice EA. I am satisfy with it and I will like to recommend it to my friends. Osogunle Nigeria. Ralph Holdermann Somewhere. I have been looking for the news scalping strategy, it looks like i am finally finding it here. Phendukani South Africa. Manual Guide 1.

media 2. Viewing options After installation, you will see the news listed on the panel. View mode: This week: All news of the current week will be shown. Impact level: Select which impact level of news will be shown. Currency: Select which related currency of news will be shown. Strategy setup panel Click to any upcoming news in the list, strategy setup panel for that news will popup.

What can Forex News Trader do? Forex News Trader is a unique robot that allows you to trade the news by your predefined strategy and parameters automatically when the news comes. How can I backtest this EA? You cannot backtest this EA because it requires your interact and the data feed in real-time. Instead, you can register trial license to use it for free in 7 days before purchasing.

Which strategy and parameters should I choose to get most effect in news trading? This tool is not a fully automated robot, it requires your trading setup for each news to work. So, there is no given recommendation on strategy or parameters. Local Trade Copier. Remote Trade Copier. Remote Trade Copier Unlimited. Forex News Trader.

Forex News Trader is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then Forex News Trader will trade that news by selected strategy automatically when the news comes.

This tool uses unique technology to load data with full details from popular forex websites. Currently, it supports 3 news feed data sources: ForexFactory. com , DailyFx. com and Myfxbook. Moreover, it also marks the news release points on the chart for further review and research. Forex News Trader support up to 5 advanced strategies that effective with news trading. The order controlling is very professional and absolute automated. Moreover, you can use it as a powerful tool to trade manually with those automated strategies.

News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciting than ever. No waiting, no missing, no confusing anymore. Just setup for important news once a week, and this tool will trade all those news exactly as you planned. But only a maximum total amount of simultaneous accounts is allowed to use the product at the same time. Forex News Loader. ex4 or.

Switch to Input tab, enter your registered email address and activation key in order to activate your license.

It will remember your license info, so just leave the license blank next times. After installation, you will see the news listed on the panel. You can choose viewing options right on the panel and it will take effect immediately. Today: All news of the current day with selected time zone will be shown.

Timezone: Select timezone that time factor of news will be converted to. Upcoming news button: Move to nearest upcoming news that going to be released. Data source: Select which data source will be connected to load the news. Currently, there are 3 data sources available: ForexFactory. Set alert: Set the amount of minutes that program will alert before an upcoming news release.

Allowed time to alert: Set the period of time when alerts are allowed usually, it should be day-time of your local time. The program will not alert you out of this period in order not to disturb you at night time.

Show news on chart: Mark the news release points on chart. The identification of marked points are set as follows:. High impact Medium impact Low impact;. Font size: Select the font size that fits with your screen resolution.

Click to any upcoming news in the list, strategy setup panel for that news will popup. Predict the news: This strategy is very simple, just predict the market move direction after news release, then set it to open Buy or Sell order before news release. This method can maximize the profit and avoid slippage because order is opened when market is still silent, but it also can whipsaw your account if you choose the wrong direction in big news.

This is for one who likes to take risk. Pending trap: This is typical strategy that places two opposite pending stop orders before news release to catch the breakout. Regardless of direction of the price move, we expect a large jump and it will trigger one of the pending orders. In some rare cases, some traders may want to use limit orders instead of stop ones, to catch the reversion of a price move.

In this strategy, setting a reasonable SL, TP and trailing SL is critical. Grid pending trap: Similar to pending trap strategy, but grid pending trap strategy sets a series of pending orders like a grid. This strategy catches the price move in smaller parts and sums them up in the final result.

This is great when combining with news, when the price usually has big move. However, do not set the initial lot size too large since if there are spikes on the news, your account will be margin called before price moves in one direction. This strategy is suitable for important news that impact the market in mid to long-term. Trigger time before news release: The number of seconds before news release that strategy will be executed.

If you want to test the strategy or trade manually without waiting for news release, just set this factor at a big number such as , then it will execute the plan right after you apply.

Trailing stoploss: Start trailing stoploss level with a fixed distance when that trailing stoploss level is far at number of point from entry point. This helps you to avoid unwanted stoploss when spread is widen. This is frequently asked questions FAQ and our answers relate to features of product Forex News Trader FNT.

For other general FAQ, please check at our main FAQ area. If you have further concern, please leave your question at our contact page. Home Auto Trading Products Indicators Super Custom Indicator Currency Power Indicator Forex Trade Copiers Local Trade Copier Remote Trade Copier Remote Trade Copier Unlimited Trade Receiver Free Trade Managing and Controlling Auto Trade Driver My Money Manager Trade Controller Forex News Trading Forex News Loader Forex News Trader Forex Power Pack Binary Options Tools Binary Options Panel Local Binary Options Copier Remote Binary Options Copier Remote Binary Options Copier Unlimited Binary Options Receiver Free Other Trading Tools Trade Reporter Services Custom MQL coding White Label Affiliate FAQ Contact Us.

Product Overview Comparison Reviews Manual Guide FAQ. Compare with our other products. Setup to trade the selected news automatically with flexible strategies and parameters.

The best news EA here with different strategies to trade the news. Well designed panel which keeps things clean and tidy within one window.

Han Siang Singapore. This is an amazing EA. It has multiple strategies out of the box for you to trade. I absolutely love this EA and I will highly recommend it to anyone… and for those who think this is just a news EA, its more than that. I just used it to scalp few pips on my live account while testing it, and it worked like a charm.

Bullish United States. I have just purchased this EA and I am very happy with it. I must say that the developer is very understanding and will always be there to support.

Andrew Pepera United Kingdom. This is a nice EA. I am satisfy with it and I will like to recommend it to my friends. Osogunle Nigeria. Ralph Holdermann Somewhere. I have been looking for the news scalping strategy, it looks like i am finally finding it here. Phendukani South Africa. Manual Guide 1. media 2. Viewing options After installation, you will see the news listed on the panel. View mode: This week: All news of the current week will be shown.

Impact level: Select which impact level of news will be shown. Currency: Select which related currency of news will be shown. Strategy setup panel Click to any upcoming news in the list, strategy setup panel for that news will popup.

What can Forex News Trader do? Forex News Trader is a unique robot that allows you to trade the news by your predefined strategy and parameters automatically when the news comes. How can I backtest this EA? You cannot backtest this EA because it requires your interact and the data feed in real-time.

Instead, you can register trial license to use it for free in 7 days before purchasing. Which strategy and parameters should I choose to get most effect in news trading? This tool is not a fully automated robot, it requires your trading setup for each news to work.

So, there is no given recommendation on strategy or parameters. Local Trade Copier. Remote Trade Copier. Remote Trade Copier Unlimited. Forex News Trader. Auto Trade Driver. My Money Manager. Trade Controller. Currency Power Indicator. Forex Power Pack.

Crypto market cap halving? Higher levels across Europe today. The good news is that MetaTrader Supreme Edition allows for many advanced order types, such as one-cancels-the-other OCO orders. Fed's Mester: Inflation expectations remain anchored Fed's Mester is speaking. All rights reserved.

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