Forex Trading

Types of Current Account: Overview, Features, Benefits & More

Hence, individuals or businesses use this current account for operating daily transactions. Personal Current AccountA personal current account is the most popular choice. At Ancoria Bank you can open your first current account with the myAncoria app, anytime, anywhere, without visiting any Banking Centre. Just download plus500 review the app on your mobile phone and follow the simple steps. You’ll…

Relative Vigor Index RVI: Definition, Formula, and Uses in Trading

The Relative Vigor Index, also referred to as the RVI indicator, is a momentum indicator used in technical analysis. It evaluates a security’s closing price about its trading range to determine the trend’s strength while smoothing the outcomes using SMA (Simple Moving Average). The RVI indicator oscillates around a central line (zero), with values above zero indicating bullish momentum and…

The Stop and Reverse Strategy : Using the Parabolic SAR and ADX

While useful for trend bias, traders should keep in mind the Parabolic SAR has limitations regarding precise timing and swing points. The indicator is best suited for directional bias rather than pinpointing specific entry and exit locations. As it lags price action, the Parabolic SAR will not identify exact price peaks or troughs in real-time. Yes, the Parabolic SAR indicator…