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Showing posts from October, 2023

How to use the Pivot Points indicator in Fixed Time Trading on Olymp Trade Platform?

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Introduction:  The Pivot Points indicator is a technical analysis tool that is used to identify potential support and resistance levels in the market. This indicator is especially useful for forex and fixed time traders who are looking to make more informed decisions about when to enter and exit trades. In this blog post, we will explain how to use the Pivot Points indicator in Fixed Time Trading on the Olymp Trade platform. How the Pivot Points Indicator Works The Pivot Points indicator calculates potential support and resistance levels using the open, high, low, and close prices of the previous period. These levels are represented by horizontal lines on the chart. The first level is known as the central pivot point, which is calculated by adding the previous period's high, low, and close prices and dividing by three. The second level is known as the first resistance level, which is calculated by adding twice the central pivot point to the previous period's low price. The ...

How to use the Bill Williams Fractals indicator in Fixed Time Trading on Olymp Trade Platform?

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  Fractals are a very useful tool for Forex and fixed time traders. In this blog post, we will show you how to use the Bill Williams fractals indicator in your trading. The Bill Williams fractals indicator is a useful tool for Forex and fixed time traders. This indicator is based on the concept of fractals, which are mathematical objects that have the property of self-similarity. Fractals are useful because they can be used to identify support and resistance levels in markets. The Bill Williams fractals indicator displays these support and resistance levels on your chart as lines. These lines can be used to help you make trading decisions.   To use the Bill Williams fractals indicator, first you need to click on the "Tools" menu and then select "Indicators". Next, select "Bill Williams" from the list of indicators. After that, you will need to choose the time frame that you want to trade on. We recommend using a longer time frame for this indicator b...

How to Use the Alligator Indicator in Forex Trading on Olymp Trade Platform?

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  The Olymp Trade platform is a great place for forex traders to get started. One of the benefits of this platform is that it offers a wide variety of indicators that can be used to make predictions about future price movements. One of these indicators is the Alligator indicator. In this blog post, we will show you how to use the Alligator indicator in your own trading. What is the Alligator Indicator? The Alligator indicator is a technical analysis tool that was created by Bill Williams. It is designed to help traders identify trend reversals. The Alligator indicator consists of three moving averages that are plotted on the price chart. These moving averages are referred to as the jaws, teeth, and lips of the Alligator. The default setting for the Alligator indicator is 13, 8, and 5. This means that the jaw line is plotted using a 13-period moving average, the teeth line is plotted using an 8-period moving average, and the lips line is plotted using a 5-period moving average. ...

How to Use the Zig Zag Indicator in Fixed Time Trading on Olymp Trade Platform?

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  Blog Introduction: The Zig Zag indicator is a powerful tool that can help you find trend reversals and market turns with ease. In this blog post, we'll show you how to use the Zig Zag indicator inFixed Time Trading on Olymp Trade platform. With this simple yet effective indicator, you'll be able to make better-informed trading decisions and improve your overall trading results. How Does the Zig Zag Indicator Work? The Zig Zag indicator is a technical analysis tool that uses a series of successive highs and lows to filter out smaller price moves and identify only the larger price swings. These larger swings are then connected by straight lines, forming a kind of "zig-zag" pattern. The degree of the move (i.e., the size of the swing) is adjustable, and traders can use different settings to suit their own trading styles and preferences.   Why Use the Zig Zag Indicator? There are several reasons why traders might choose to use the Zig Zag indicator. First and fo...