trading instuments

Traversing the intricacies of the forex market requires more than mere intuition; it necessitates well-informed decision-making supported by thorough analysis. Enter the forex tester - often dubbed as a forex simulator or backtesting tool. It acts as a virtual laboratory for traders, enabling them to experiment with strategies, dissect market dynamics, and refine their approach, all within a secure environment devoid of risks.

In forex trading the price can be in one of two states – either trending or flat (sideways trend, range). Trading during a stable trend, the trader sees that all trend indicators confirm the movement. Trading at such moments is easy and profitable. But when a pause occurs or the trend is over, what then? It is more difficult to trade in the flat. Namely, the forex oscillators are used for analyzing the flat. This is what we will talk about today.