MetaTrader 4 (MT4) is a popular forex trading software that is widely used in global trading markets. The following are MT4 software downloads and MT4 Forex technical indicators: MT4 software download: MT4 download links can be found on the official website or on the pages provided by many Forex brokers, such as XM, IC Markets and Pepperstone, which offer MT4 platform support. Once the download is complete, users will need to enter their personal account number and password to log in to MT4 so that they can start trading. Forex Technical Indicators Introduction: The MT4 software has a large number of technical analysis tools and indicators built in to help traders predict price movements and make decisions. Here are some common technical indicators: MACD: Moving Average Convergence Divergence indicator that helps determine the acceleration and transition point of a price trend. RSI: Relative Strength Index, which calculates the strength of a financial asset based on recent price changes, with indicators ranging from 0 to 100. Bollinger Bands: The Bollinger Bands measure the volatility of financial assets by plotting the moving average as a channel consisting of the center line and the fluctuation range curve. Moving Averages: An indicator of moving averages that determines price trends and support/resistance levels by calculating the average of closing prices. Fibonacci retracements: Fibonacci retracements that help traders predict price movements and confirm support and resistance levels based on the golden Section transmission principle. In addition to these common technical indicators, there are many other indicators that users can use on MT4 software. Novice users can start with the use of common indicators, and combined with their own strategic needs, gradually master different types of indicators, in order to better use the most beneficial and create the most profitable options to develop ideas for the fastest and most efficient trading environment.
Weekly Technical Outlook – USDJPY, GBPUSD, NZDUSD
USDJPY faces minor injuries after higher US jobless rate; Powell’s testimony next on the agenda GBPUSD surprasses key obstacle as UK gets new government; monthly GDP data on the agenda NZDUSD waits…