Forex Tools

The presented Forex tools can assist you both in technical analysis and money management which will greatly enhance your trading results. All these online Forex tools are completely free and can be used at no cost:

Pivot Points Calculator — Four online web based pivot points calculators will help you to generate pivot points for any given time period. Pivot points are used as the most important market trend points, where trend can meet support or resistance and actually change its course. Floor, Tom DeMark's, Woodie's and Camarilla pivot points building rules are available with this free calculator. You do not need to download any software — just fill out the form and get pivot point, resistance, and support levels instantly.

Pip Value Calculator — How much is one pip in EUR/USD? How about EUR/CHF or CAD/JPY? With this free and fast online tool you can find out the value of 1 pip in USD for any lot size and any major or cross currency pair. Fill the form and get the pip value in one moment. No need to download any software!

Fibonacci Calculator — This web based Fibonacci retracement calculator will help you to generate basic Fibonacci retracement values for any given trend. These retracement values can be used as the most natural points of support and resistance for a given trend for any currency pair. In the currency trading market, the use of Fibonacci retracement levels to set orders and targets is one of the best ways to organize trader's portfolio.

Position Size Calculator — Employing a proper risk and money management is very important in Forex trading. And without a correctly calculated position size, it is not possible to manage your trading risks. This calculator works with any account currency, currency pair, and other parameters.

Risk and Reward Forex Calculator — An online calculator that will help you to find out the risks and rewards associated with your possible position's targets and stop-losses based on the Fibonacci retracement levels of the current market wave.

Gain and Loss Percentage Calculator — A simple online tool to get the percent value of account size change relative to the starting balance. It will also calculate the necessary recovery win/loss in percentage points.

Forex Strategies — Free Forex strategies available for all traders, including strategies based on the technical indicators, fundamental events and bare price action. All presented Forex strategies have examples and detailed descriptions.

MetaTrader VPS hosting — A special dedicated hosting for your MetaTrader (and usually any other) Forex platform and expert advisors. It is a good way to keep your strategy always active independently from your home or office PC.

Elliott Wave Videos — Daily analytical videos based on the Elliott Wave principles. Watch them every day before the European Forex trading session. The given technical analysis is assisted by the indicators and Fibonacci levels.

Forex Report Analysis Tool — An easy-to-use tool to analyze your trading reports, produced by MT4, MT5, Oanda, or Strategy Tester. It creates an extensive analysis of the trading strategy or expert advisor — with breakdown by pair and time periods, with charts and calculation of probability to lose the account.

Interest Rates Table — A list of interest rates by world's major central banks. The history goes back to 2000's for many currencies and even farther for the major currencies. You can use the main interest rates to assess the long-term trends in Forex market.