Home MT4

Tag: MT4

Post
Importance of understanding Pip calculations

Importance of understanding Pip calculations

What is a Pip? The term Pip is the most fundamental concept that needs to be understood as a Forex trader. Pip stands for “percentage in points” or “price interest point”, it represents the smallest fraction of a currency’s value and is the standard unit for measuring the change of a currency pair. In most...

Post
MetaTrader4 Platform Tips – Part 1

MetaTrader4 Platform Tips – Part 1

For beginner traders using the MetaTrader4 platform for the first time can be confusing. Opening and closing trades is simple enough but it is hard to make the most out of the platform. These are some handy tips to help make trading a little bit easier and more enjoyable. Tip 1: Chart Templates This one...