What are some of the most commonly used forex formulas or mathematical models that traders rely on for analyzing currency trends, determining entry and exit points, and managing risk in their trading strategies? How have these formulas proven effective in enhancing trading decisions and overall profitability?
forex trading formula you use
- Thread starter OscarR
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I do not really think that you need to learn how work with formulas since you can find calculators for each of them. But i guess that could be a great cognitive exercise.
Well, there's a bunch of fancy math stuff traders use to analyze trends, but I'm not that trader.
I mean who does need formulas, it is like using a dictionary book instead of the online one. In need of calculation? Just search the web for what you are looking for, that is all!
you mean by MT4?
no i am not just asking about while you open a trade,before the opening a position while you want to realize how will your strategies work?
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So ii will change my question to what calculators do you use?
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So you eet EAs on your trades?
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shall I ask what type of trader you are?
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nice short answer, what have you used so far?
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Maybe I asked in a wrong way. I meant what calculators
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