Exchange Dictionary

mr.traderMay 7, 2023

0 257

Mathematical expectation of gain/loss on the exchange

Что такое математическое ожидание выигрыша\проигрыша? Математическое ожидание выигрыша\проигрыша – один из показателей эффективности торговли трейдера и торговой стратегии на , которая вычисляется как сумма произведений каждого возможного профита и лосса и вероятности получить этот выигрыш и проигрыш. Как рассчитывается математическое ожидание на ? К примеру, если мы имеем возможность выиграть 40% сделок по 3 доллара, а проиграть 60% сделок по 1 доллару, то наше математическое ожидание будет рассчитываться следующим образом: Математическое ожидание = (0,4 * 3) + (0,6 * (-1)) =1,2+(-0.6) =0,6. Получаем, что наше ожидание выигрыша на каждую сделку составляет 60 центов. Другими словами, это эффективность работы трейдера, выраженное в…

mr.traderMay 7, 2023

0 644

Forward test in the market

What is a forward test on ? Forward is one of the stages of testing a trading strategy or an Expert Advisor on , which involves simulating its use in the real-time trading process on historical data. Forward test allows you to determine the quality of orders execution by a mechanical expert, as well as the effectiveness of the trading strategy to reduce the risks of financial losses from its use. Forward test statistics must contain the main performance parameters, including expected payoff, the number of profitable and loss-making trades, the average profit and loss values, the recovery factor, etc. Why perform a forward test of trading robots? The main purpose of forward testing is to check if the Expert Advisor results have not changed for the worse...

mr.traderMay 7, 2023

0 463

Extreme points

Что такое точки экстремума? Точки экстремума – в математике это понятие определяет максимальное или минимальное значение функции в конкретном множестве. Точка максимума – точка, в которой достигается максимальное значение, точка минимума, соответственно, минимальное. Точки экстремума на бирже В торговле сохраняется математический принцип для точек экстремума. Максимальный экстремум – это самый верхний уровень цены на графике актива, на котором произошел перелом сложившегося восходящего тренда. Точка минимума – самый нижний уровень, достигнутый ценной до разворота или коррекции нисходящей тенденции. Зачем нужны точки экстремума на ? Точки экстремума на и биржах возникают в моменты сильной перепроданности или перекупленности. Они образуют сильные уровни поддержки…

mr.traderApril 29, 2023

0 1,316

Norwegian krone (NOK)

The stability of the national economy is the key to the stability of the national currency. This principle is a characteristic of Norway. The first Norwegian kroner The first money in the modern territory of the Scandinavian State dates back to about the tenth century. It was from this period begin to circulate various coins, which were minted by a variety of mints, scattered throughout the country. In 1695 the first banknotes were issued and the right to print them was transferred from one private bank to another. In 1875, following Sweden and Denmark, Norway joined the Scandinavian Monetary Union. This meant replacing the spesidalers then in the country to a single currency for all parties to the agreement ...

mr.traderApril 25, 2023

0 1,353

Indian rupee (INR)

Индийская рупия имеет не только богатую историю, но и продолжительно время была главным денежным знаком на территории многих среднеазиатских и африканских государств. Рупия — значит серебро «Рупия» в переводе с санскрита означает «серебро». Индийская серебряная монета, равная 40 кускам меди, была введена еще в XVI веке правителем страны Шер-Шахом. А первые банкноты индийской валюты начали выпускаться уже в конце XVIII столетия. Британская корона, чьей колонией была Индия, пыталась насильно ввести в обращение в стране фунт стерлингов, однако данные попытки не увенчались успехом, как и во всех контролируемыми англичанами заокеанскими территориями. В то время рупия имела большое распространение в других колониях…

mr.traderApril 12, 2023

0 1,384

Brazilian Real (BRL)

The currency of the world's fifth most populous and territorial country is, at first glance, very young: officially, the Brazilian real is not even two decades old. Digging deeper, however, we know that coins with this name have been circulating in Brazil since the 17th century. History of the Brazilian real With the discovery of Brazil by Portuguese colonists in 1500 and its further exploration in the country began extensive monetary relations. Currency relations were established both in kind and with foreign coins, one of which, the Spanish real, became the most widespread. In 1690 it became the official currency of Brazil. The period from 1942 to...

mr.traderApril 12, 2023

0 1,136

Malaysian Ringgit (MYR)

Malaysia's national currency, Ringgit, could have remained another dollar, of which there are frankly many in the world. Since 1975, however, the monetary symbol of a Southeast Asian state was given its own name. Notched Ringgit "Ringgit" literally means "notched" in Malay. That was the name given by the locals to Spanish piastres circulating in the country between the 16th and 17th centuries, which had a serrated edge. In 1967, when Malay dollar was introduced, people still called it ringgit. That's why in 1975 the Government decided to officially adopt that name and the national version of cent - "Sen". The Malaysian ringgit survived 4 issues, the last of which took place in 2008....

mr.traderApril 6, 2023

0 182

И налоги — налоговые обязанности трейдера

As with any activity that generates income for an individual, it is necessary to pay taxes on trading on . Most often such tax will be treated as personal income tax (personal income tax). To do this, you will need to fill out the appropriate declaration, to which attach a report certified by the broker on the transactions from the beginning to the end of the year. Many banks that offer the opportunity to trade with , assume the responsibility to pay the trader's taxes at the end of the year or upon closure of the account, so the only thing left is to file the appropriate declaration and sleep well. Learn more about taxes at

mr.traderMarch 23, 2023

0 645

South African rand - ZAR currency

In 1999, George Soros, who needed no introduction, declared that in the new century exotic currencies would take the lead. We are going to talk about one of them, the South African rand. The formation of the currency of South Africa - the ZAR After the British left South Africa and the recognition of the independence of the country by the United Kingdom, the former colony did not immediately renounce the British order. Thus, the first currency was the South African pound, which did not differ much in appearance from the better-known pound sterling. The radical change occurred a few years later, in 1961, when the South African rand was put into circulation in the country. The rand's exchange rate set against the dollar was soon...

mr.traderMarch 22, 2023

0 704

ZigZag indicator (ZigZag)

ZigZag indicator (ZigZag) is a technical analysis indicator, which is placed in the trading terminal MetaTrader 4 as standard. The ZigZag indicator is represented by several straight lines connecting significant tops and bottoms of the price chart. ZigZag allows you to mark significant price changes, which helps ease the perception of the trend and the figures of tehanalysis. The ZigZag indicator is best used to evaluate the price changes that have already occurred, because it is one of the indicators that reflects the dependence of the price value on its previous value. Therefore, ZigZag is not suitable for forecasting, but it will do a great job reflecting historical price movements. Other indicators

mr.traderMarch 22, 2023

0 748

Bollinger Bands (BB) indicator

Indicator "Bollinger Bands" (Bollinger Bands, BB) is a channel indicator, standard for the trading terminal MetaTrader 4. The indicator "Bollinger envelope" represents a channel, moving behind the price, the lines of which play the role of support and resistance. The basis of the "Bollinger's envelope" indicator is the standard deviation of the Moving Average, which means that the indicator shows the market volatility. It is recommended to trade with "Bollinger's envelope" on breakout or rebound depending on strategy and time period. Learn more about the Bollinger Bands indicator

mr.traderMarch 22, 2023

0 297

Futures market indicator - COT Reports

Futures Market Indicator - Commitments of Traders (COT) reports - an indicator based on Commodity Futures Trading Commission (CFTC) reports published every Friday. Each report of the COT contains information on open positions in various financial instruments of the three main types of futures players: Commercial players (Hedgers or operators), Large speculators and Small traders. Traders carefully study the indicator COT, because it reflects current trends and sentiment in the market - the position of the big players or transactions of commercial players, who are not speculators, but buy and sell depending on the needs of production, which they serve. Reports of traders in commodity markets (COT...

mr.traderMarch 22, 2023

0 292

Indicator

Indicator (Forex Indicator) - technical indicator of price changes, which is calculated using mathematical formulas based on historical data of the selected exchange instrument. Indicator most often displays its data graphically in the form of lines, histograms, records, areas and other things. Based on the picture, which reflects the indicator, the trader can evaluate or predict the price chart behavior and make a decision about his positions. The number of indicators is constantly growing, because any trader, having the necessary level of knowledge in the field of trading, programming and mathematics, can create his own indicator, reflecting the necessary trading rules. Usually indicators can be divided into three groups: trend indicators (showing the direction of price movement), oscillators (reflecting changes in trends), psychological indicators...

mr.traderMarch 18, 2023

0 856

Kazakh tenge (KZT)

Despite the fact that Kazakhstan was one of the last in the CIS to adopt its own currency, the republic nevertheless did not have temporary money like most post-Soviet countries. The same "money", but in the Kazakh way A group of designers to develop the appearance of the future national currency was assembled already in 1991, and it coped with its task in exactly one year. There was a critical question of name choice: both "aksha", and "altyn", and more convenient for the people "som", by which the Soviet rouble was called by the people, were suggested. However, as a result of heated debates, there was a new version, "tenge", which satisfied most of the opponents. Fortunately, this Turkic word meant just "money" (it is believed that...

mr.traderMarch 17, 2023

0 533

Armenian Dram (AMD)

There was a paradoxical situation in Armenia in 2006-2009: imports exceeded exports nearly four times, thus generating a considerable deficit in the trade balance, but the local dram only gained against the dollar, having strengthened by an unprecedented 50% against the USD during the whole period. The crisis of the Armenian dram "Dutch disease", which affected the Transcaucasian republic, was blatantly different from its generally accepted forms. The point is that in this case, the increase in the value of the national currency was not due to the export of raw materials, which Armenia lacks. The authorities of the country explain the rise of the dram with growth of private transfers from abroad, while opposition analysts point to an artificial overvaluation caused by limitation of money supply in...

mr.traderFebruary 26, 2023

0 864

Mexican peso (MXN)

The most popular currency in Latin America, the Mexican peso, along with the Israeli shekel, became freely convertible in 2008. History of the Mexican peso The history of the peso is associated with the emergence of Spanish colonizers in the Aztec country. The so-called Spanish dollar, also known as the real, was minted specifically for Mexico, which became part of the Spanish Empire. The peso began as the largest silver coin, equal to eight reals. Under that monetary system, the basic unit of currency was the escudo, which contained 16 reals. It is interesting to note that the first peso had the modern symbol of the American dollar, i.e. $. Some historians consider the reason for this to be the accepted abbreviation of the peso at that time as ps, y...

mr.traderFebruary 26, 2023

0 991

Azerbaijani manat (AZN)

The modern name of the Azerbaijani currency, manat, has been used in the country itself for almost a century, being an unofficial variant for the Soviet ruble among the people. Formation of the Azerbaijani manat After Azerbaijan received its independence, the local authorities decided not to re-invent the wheel, and leave the former name of the money in force. Put into circulation officially in 1992, the manat quickly pointed to the economic difficulties in the country, which was not able to transition to a market economy, as in most post-Soviet state formations. Hyperinflation, which swept over Azerbaijan, continued for about a decade, there was only a difference in the depreciation of the national currency. This situation in the country naturally caused mistrust in the manat of the citizens, who kept most of their deposits in foreign currency. Dollarization...

mr.traderFebruary 22, 2023

0 1,034

South Korean Won (KRW)

The name of the South Korean won, the currency of the Republic of Korea, is a consonant and consonant word for the Chinese yuan and the Japanese yen. Won, like the other two neighboring currencies, means "round shape," a concept that characterized coinage in ancient times. History of the Korean Won The history of the Korean Won has really thousands of years of roots. The first iron coins began to be issued during the royal dynasties in the 10th century. The won was officially introduced in 1902. Before that, the peninsula had such currencies as the mun and the yang in circulation. After the division of Korea into the North and South, both countries retained the won as their national currency. Between 1945 and 1951...

mr.traderFebruary 9, 2023

0 672

Georgian lari (GEL)

Практически 16 лет назад в Грузии была введена в обращение новая национальная валюта — лари. За этот подростковый возраст он зарекомендовал себя достаточно стабильной денежной единицей, которой чужды резкие скачки изменения курса. Настоящий клад Грузии – лари Лари на древнегрузинском означает «клад», «имущество». Именно этот вариант был выбран для названия будущей валюты кавказского государства, получив предпочтение перед такими рассматриваемыми альтернативами, как «манат», «марчи» и «тетри». Сама же идея создания собственного денежного знака была поднята в Грузии еще в 1989 году, когда государство было на тот момент еще в составе СССР. В этот же период была создана концепция независимой Грузии, в…

mr.traderFebruary 6, 2023

0 561

Singapore dollar (SGD)

Despite the seeming exoticism, the Singapore currency is worthy of the name "dollar", not inferior to its overseas namesakes. Currently, many analysts point to the prospects of the Singaporean currency, the strengthening of which is fully supported by the policy of the Ministry of Finance of the city-state. History of the currency of Singapore Own currency Singapore began to issue on April 7, 1967, after the country's independence. Initially, the new currency was pegged to the British pound at a ratio of 60:7, but after sterling ended, the Singapore dollar was fixed to its older, American brother for a time. Beginning in the 1970s, the city-state began an economic miracle supported by the emergence of lucrative trade relations. The exchange rate of the national currency now became...