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ATAS_Official
Widening Spread. How to use it in trading
in
General
Jun 13, 2023 at 13:05
Why does a spread widen? Let’s try to figure out a widening spread togetherWHAT IS A SPREAD?A spread is the difference between the best bid and ask. In other words, the spread is the distance between:- the highest price a buyer is ready to pay;- the lowest price at which the seller is ready to part with a financial asset (futures contract, stock or cryptocurrency).Spreads can be narrow or wide. If someone talks about fixed spreads, it is most likely a forex broker who does not place clients’ orders on a real exchange.Spreads are usually narrow in popular exchange markets with a lar...
How indicators improve ICWR strategy
in
General
Jun 05, 2023 at 14:48
The strategy developers write that it works equally successfully both on intraday and longer timeframes.Rules of the trading strategyThe strategy uses Fibonacci retracement levels and RSI indicator. The main idea is to:enter into the current trend movement on retracement;enter into a new trend movement after reversal.Algorithm of the strategy application. First, we look for a major wave in the chart. The wave should be more than 40 points for 5-minute charts and more than 150 points for 4-hour charts. From the mathematical point of view, the wavelength is the difference between its high and lo...
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