Discuss RoboForex.com

[Vlad RF]

RoboForex: upcoming changes to the trading schedule due to reverting to Standard Time

Dear Clients and Partners,​

We’re informing you that on 30 October 2022, European countries will revert from Daylight Saving Time to Standard time. In the US, this will happen on 6 November 2022. Consequently, there will be some changes to the RoboForex trading schedule.

This schedule is for informational purposes only and may be subject to further change.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)

• From 31 October to 4 November 2022, trading on CFDs on Metals will be opened and closed one hour earlier than usual (server time).
  Trading session (server time): 12:05 AM - 10:59 PM
• Starting 7 November 2022, CFDs on Metals will be available for trading within the operating range of the contract specifications

Schedule for trading CFDs on US indices

• From 31 October to 4 November 2022, trading on CFDs on US indices will be opened and closed one hour earlier than usual (server time).
  Trading session (server time): 02:00 AM - 10:15 PM
• Starting 7 November 2022, CFDs on US indices will be available for trading within the operating range of the contract specifications

Schedule for trading CFDs on oil (Brent and WTI)

• From 31 October to 4 November 2022, trading on 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.
• Starting 7 November 2022, CFDs on oil will be available for trading within the operating range of the contract specifications.

Schedule for trading CFDs on US stocks

• From 31 October to 4 November 2022, trading CFDs on US stocks will be opened and closed one hour earlier than usual (server time)
  Trading session (server time): 03:31 PM - 09:59 PM
• Starting 7 November 2022, CFDs on US stocks will be available for trading within the operating range of the contract specifications

Schedule for trading on currency pairs and CFDs on Cryptocurrencies

• 4 November 2022, trading on currency pairs and CFDs on Cryptocurrencies will be closed at 23:00 server time.
• Starting 7 November 2022, the above-mentioned instruments will be available for trading within the operating range of the contract specifications

R StocksTrader platform

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

• From 31 October to 4 November 2022, trading will be opened and closed one hour earlier than usual (server time)
  Trading session (server time): 03:31 PM - 9:59 PM
• Starting 7 November 2022, the above-mentioned instruments will be available for trading within the operating range of the contract specifications

Schedule for trading CFDs on US indices

• From 31 October to 4 November 2022, trading CFDs on US indices will be opened and closed one hour earlier than usual (server time)
  Trading session (server time): 09:00 AM - 10:00 PM
• Starting 7 November 2022, the above-mentioned instruments will be available for trading within the operating range of the contract specifications

Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)

• From 1 to 5 November 2022, trading CFDs on Metals will be opened and closed one hour earlier than usual (server time)
  Trading session (server time): 12:05 AM - 10:59 PM
• Starting 7 November 2022, CFDs on Metals will be available for trading within the operating range of the contract specifications

Schedule for trading CFDs on oil (BRENT.oil and WTI.oil)

• From 1 to 5 November 2022, trading on CFDs on oil will be opened and closed one hour earlier than usual (server time)
  Trading session (server time): 02:00 AM - 10:15 PM
• Starting 7 November 2022, CFDs on oil will be available for trading within the operating range of the contract specifications

Schedule for trading on currency pairs and CFDs on Cryptocurrencies

• 4 November 2022, trading on currency pairs and CFDs on Cryptocurrencies will be closed at 23:00 server time.
• Starting 7 November 2022, the above-mentioned instruments will be available for trading within the operating range of the contract specifications

cTrader platform

Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)

• From 1 to 5 November 2022, trading on CFDs on Metals will be opened and closed 1 hour earlier than usual (server time)
  Trading session (server time): 12:05 AM - 10:59 PM.
• Starting 7 November 2022, CFDs on Metals will be available for trading within the operating range of the contract specifications.

Schedule for trading on currency pairs

• 5 November 2022, trading on currency pairs will be closed at 23:00 server time
• Starting 7 November 2022, currency pairs will be available for trading within the operating range of the contract specifications

Also, please note that from 31 October to 4 November 2022, the bank rollover time will be from 10:45 PM to 11:15 PM server time This might lead to short-term interruptions in quoting and a significant widening of spreads.

Please take note of the above trading schedule changes when planning your trading activity.

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex became the Official sponsor of Club Cienciano

Dear Clients and Partners,​

We are proud to announce that RoboForex became the Official sponsor of Club Cienciano in the 2022/23 seasons. This team with over 100 years of history was founded by a group of students of the National Science School of Cusco (Peru), and has gradually become a significant part of Latin American football.

Football and trading

Trading and football are similar in many aspects – the fast rhythm, the competitiveness, and the participants’ drive and determination to break new grounds and reach new heights. Just like football fans want to root for an ambitious team with great history, so do investors who look for a reliable broker with dynamically developing products.

RoboForex and Cienciano are experienced winners with many more new achievements to strive for.

Join the winners!

​

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project offers you the following competitions on demo accounts:

The 139th competition of "Demo Forex" has reached the "finish line".
The 385th competition of "Week with CFD" has just started.
The 519th competition of "Trade Day" will start on 02.11.2022 at 12:00.
The 433rd competition of "KingSize MT5" will start on 03.11.2022 at 20:00.

Let us remind you that all winners of our contests receive prize funds to their real accounts and they can use them to perform trading operations in the Forex market without investing their own financial savings.

Join us, everything is in your hands!

Sincerely,
RoboForex Contest

 

[Vlad RF]

Three Indicators Trading Strategy: Detailed Description

Author: Andrey Goilov

Dear Clients and Partners,​

Today we're going to talk about the Three Indicators strategy. It's based on the use of tools such as the Accelerator Oscillator, the Awesome Oscillator, and the Parabolic SAR.

The idea is to try to catch the beginning of an impulse, and earn money on this movement. Trading is done only on the major currency pairs, and on an hourly timeframe.

We will show you how to combine signals from the three indicators, in an attempt to catch the beginning of an impulse long before it forms a reversal on the price chart. We will study the intricacies of this procedure, and detail the rules for opening and closing positions.

How to set up the three indicators

The processing of signals according to the "Three Indicators" strategy could take hours or days. It all depends on the size of the potential profit: the bigger it is, the higher the risk and the longer the waiting time.

Now let's talk about the indicators:

1. The Awesome Oscillator is used with standard parameters. Traders note its similarity to the MACD indicator: it shows the difference between simple moving averages with periods of 34 and 5. It is represented by a histogram that changes colour when moving averages are crossed, with green indicating an uptrend, and red a downtrend.

2. The Accelerator Oscillator is also added with the standard parameters. It is calculated taking into account the values of the Awesome Oscillator and displays the acceleration and deceleration of the driving force. In most cases, traders trade in the direction of the histogram: if its colour is red – you should not buy, if it is green – do not consider selling.

3. The Parabolic SAR represents points that are above or below the price. The trend is said to be upward as long as the dots are below the price chart. If the price breaks through the indicator and a point appears above, then the trend changes downward, which means you should sell. Often traders use the Parabolic SAR to place a floating Stop Loss: if the indicator point is broken by the price, this means the market is changing direction, and the trade should be closed.

An example of buying with the Three Indicators strategy

Consider the situation on the EUR/USD chart on 3 October 2022. On a large bullish candlestick, the Parabolic SAR has positioned a point below the indicator chart. The Awesome Oscillator and Accelerator Oscillator histogram bars immediately became green on two indicators, so we mark the candlestick as the "signal".

We open the trade at the opening of the next candlestick at 18:00 at 0.9813. We set the Stop Loss below the level of the "signal" candlestick at the price of 0.9756. Take Profit is equal to the Stop Loss size of 57 points, and set at 0.9870. The profit made 57 points; the price reached this target within 16 hours.

If the second variant of trade closing had been applied, when it was necessary to wait for the Awesome Oscillator and Accelerator Oscillator histogram bars to change colour from green to red, then the trade would have had to be closed at the price of 0.9819. The profit would be only six points.

Example of a Three Indicator Strategy sale

Let's look at the EUR/USD chart for 26 January 2022. The price had been declining for some time, but could not leave the limits of the sideways correction. The support level of 1.1260 is broken and a signal from the Parabolic SAR is formed: a point appears above the price chart.

On the Awesome Oscillator and Accelerator Oscillator, the bar graphs have changed colour from green to red. Mark this candlestick as the "signal" candlestick. We can open a deal when the next candlestick opens at 1.1254 at 22:00 terminal time

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Use Interest Compounding Calculator

Author: Victor Gryazin

Dear Clients and Partners,​

interest calculator. Let's take a closer look at this tool. Let's find out what it is, where and how it is used, and look at examples of its use.

What is compound interest?

Compound interest in finance is interest income accrued on deposits or investments, taking into account interest previously accumulated for previous periods. Financiers use another term – capitalisation of interest. Although the field of application of compound interest is much broader than capital accumulation, it is still the most popular in this segment.

Compound interest on a deposit with capitalisation can be calculated daily, monthly, quarterly, and yearly. If not paid out, it can be added to the interest deposit amount to accrue a larger amount in the next period. Thus, the essence of compound interest is that the calculation base increases with time.

This scheme is also sometimes called "interest on interest". Compound interest multiplies capital at an accelerated rate. The longer the periods in which it is compounded, the greater the return. Combining compound interest with regular investments over a long period of time is a highly effective way of preserving and increasing capital.

Why use a compound interest calculator?

The calculation of compound interest (accruing income with constant reinvestment) is a complex mathematical operation. The formula for the calculation is as follows:

A = P(1+r/n)^nt

In the formula:

• A is the future amount of capital, including accrued interest
• P is the principal amount of the investment
• r is the interest rate (decimal)
• n is the number of interest accruals per period
• t is the number of periods in which funds are invested
• The formula is not the easiest to calculate, so if you want to avoid making a mistake, you'd better use a tool to help you: a compound interest calculator.

If, on the other hand, you're not afraid of errors and only need to calculate an approximate return on compound interest, the "Rule of 72" can help. We talked about it earlier in one of our articles.

Nevertheless, for an accurate and detailed calculation, it is recommended that you use the above tool. It is essentially an investment calculator that helps to calculate the potential return on investment. It can be used to calculate daily, monthly or yearly interest. This versatile tool can be used in many ways, including as a forex interest calculator.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the RoboForex company's project called ContestFX will continue, as usual, with the following competitions:

The 140th competition of "Demo Forex" and the 386th competition of "Week with CFD" have just started.
The 520th competition of "Trade Day" will start on 09.11.2022 at 12:00.
The 434th competition of "KingSize MT5" will start on 10.11.2022 at 20:00.

It does not take much effort to become a participant in our demo trading contest - all you need to go through the registration procedure on our website just once, after which participation in any of the chosen competitions will be available to you in just a couple of mouse clicks.

We're looking forward to your joining in and wish you good luck!

Sincerely,
RoboForex Contest

 

[Vlad RF]

Scalping Strategy with EMA

Dear Clients and Partners,​

This article is a review of a trading strategy based on a combination of moving averages under - "Scalping Strategy with EMA". Its tactics imply quickly closing profitable positions on minute and five-minute charts. For such active work we need tools with minimal spreads. Every point of profit is important, therefore the major currency pairs EUR/USD, GBP/USD, AUD/USD, USD/CAD are used.

The strategy will clearly show how to combine signals from three moving averages with different periods, the total number of which on the chart will be 38. We will detail the rules for opening positions, adding to the short term trend and closing options.

Adding Scalping Strategy Indicators with EMA

Only EMA indicators with different periods should be added to the chart. Traders usually use this tool to determine the trend on the market - if the price is above the EMA line, then the trend is bullish and a buy is anticipated. If the price is under the EMA line, then it is a bearish trend and you are supposed to sell.

The very crossing of the lines of the indicator will also give a signal to open positions, if the EMA with a smaller period crosses the EMA with a larger period downwards - it is a signal for the development of the downward movement. If there is a crossing of EMA with a smaller period and EMA with a larger period from the bottom upwards - it is a signal for an upward movement.

Often, even a test of the EMA line signals an imminent breakaway from it and the continuation of the existing trend. In our case, 38 lines of the EMA indicator will form support and resistance areas on the chart, the test of which the price will be a signal to open a position.

How to open a buy position on an EMA scalping strategy

The rules of the strategy imply several options for opening buy positions. For example, if a trend is developing, the tactic allows you to work in the direction of this trend, instead of just entering only at the beginning of its formation. This is a significant advantage of the scalping strategy, because you do not have to wait for the trend to change, just identify the trend and work according to the proposed rules.

Let's look at the basic rules for opening a long position on the M1 chart:

The first long position is opened when the purple EMA lines cross the green EMA lines from top to bottom.

Conclusion

The EMA scalping strategy is a unique tactic where 38 indicators are used at once. The entry rules are quite simple, although they differ from the usual use of moving averages. In this strategy, a sell position is opened when the fast EMA crosses the slow one from the bottom upwards. A buy position is opened when the fast one crosses the slow one from above downwards.

The strategy also provides an opportunity to work in the direction of the prevailing trend, which is a significant plus, because there is no need to wait for a trend change to open positions. On the downside, it should be noted that the size of the Stop Loss is somewhat disappointing, as it turns out to be larger than Take Profit, which is not always right from the risk management point of view.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

NYSE — Probably Main Stock Market

Dear Clients and Partners,​

A stock exchange is a platform where market players can buy and sell securities and commodities. One of the oldest and largest stock exchanges in the US is the New York Stock Exchange (NYSE). It opened in 1792.

Today daily turnovers reach billions USD, and total capitalisation of securities is over 27 trillion USD. Some calculations say that more than 65% of all trades with stocks happen in NYSE.

Today we suggest finding out some interest facts from the history of the exchange and discussing why traders worldwide keep a close eye on its activities.

How NYSE appeared

The story of NYSE started with signing the Buttonwood Agreement by which 24 brokers formed an investing society with only 2 rules to follow. They had to trade only between each other and pay a small fee for each such trade.

The first kind of an office was a coffee shop called Tontine Coffee House. There they traded stocks but only by barter method. 25 years later, the society decided to let other players to their trades. All trades went to the exchange that goes on this way these days.

Main facts in NYSE history

In spring 1817 the New York Stock Exchange and its inner Exchange Council elected Anthony Stockholm as President of the organisation. Every morning he opened trades and showed the list of shares available for buying and selling: let me remind you that initially only five companies traded in the exchange.

The new stage of development began in 1837, when telegraph was invented. Brokers grasped at the idea fast and dragged the telegraph line everywhere possible. The goal was facilitating instant exchange of information for making trading decisions faster.

The first exchange ticket appeared in NYSE in 1867. An American Telegraph employee designed a special machine that emissed paper stripes with description of trades. These papers were sent by managers via pneumatic pipes to typewriters, and they sent the info to brokers by telegraph. Only after this process investors got valid share prices.

The first stock index — the Dow Jones Transportation Average — appeared in summer 1884. It included 9 main transport companies in the US, and calculations for the index were made by the Dow Jones company founder and Wall Street Journal editor Charles Dow. He used to analyse market behaviour actively and designed the theory that tech analysis is now based on.

During World War I that began in 1914 NYSE was shut down. Foreign investors were looking for money for military purposes and massively sold their assets in exchanges. At that time the Dow Jones index lost more than 12%, and trades were closed to avoid more crashing.

This was the longest shut-down in the history of the platform: it took about 4 months. On the opening day, the index dropped even lower. The shut-down did not save the idex from falling but we can only guess how much deeper it could have fallen.

This was not the last major falling of the stock major: on 19 October 1987 Dow Jones again lost more than 22%, and this day got the name of the Black Monday

How NYSE works

A part of trades is done not just by computers but also by people: up to 1,000 brokers work at the exchange every day. This hybrid method of work remained only there — on other platforms everything is automatic. Trade is open on weekdays, from 9:30 to 16:00.

An interesting tradition is the signal for closing trades: they ring a bell. Previously it was a large gong used for notifying brokers and dealers about the beginning of work but in 1903 it was replaced by an electronically controlled brass bell.

Ringing the bell in NYSE became a symbolic act. Representatives of companies that are just beginning to trade in NYSE get the honor to ring it.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders,

This week, the ContestFX project offers you the following exciting competitions on demo accounts:

The 140th competition of "Demo Forex" has been running since last Monday.
The 387th competition of "Week with CFD" has just started.
The 521st competition of "Trade Day" will start on 16.11.2022 at 12:00.
The 435th competition of "KingSize MT5" will start on 17.11.2022 at 20:00.

Let us remind you that in case of victory, all winners of our contests receive prize funds to their real accounts, and they can use them to trade on the Forex market instead of investing their own savings.

Good luck!

Sincerely,
RoboForex Contest

 

[Vlad RF]

RoboForex's List of Awards Continues To Grow

Dear Clients and Partners,​

We are happy to inform you that RoboForex received two new achievement rewards from the international expert community, Global Forex Awards - Retail 2022.

RoboForex is a double award-winner

The "Best Partners Programme (Global)" award is given to the best broker for supporting partners and providing them with the most comfortable conditions for cooperation.

The "Most Reliable Broker (LatAm)" title is given to the company with the best reputation in Latin America. We are delighted to receive this particular award and be recognised as experts in the industry.

We are encouraged to be so highly recognized in these prestigious nominations. Thank you for your support!

Join us and get profit: up to 84%

Become a RoboForex partner - earn up with Affiliate programme on the best conditions

• High commission
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  RoboForex Support is available to your assistance 24/7.
  
  
• Loyalty programme
  Payouts start with $100 of the received commission and may reach 20%.
  
  
• Convenient payouts
  No limits on the maximum payouts per month or per client. We automatically transfer the amount of the partner commission to your account on a daily basis.

Do you want to calculate your potential profit? Use our interactive Affiliate Calculator

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Sincerely,
RoboForex team