Olymptrade Guide

  Having a trading plan is of great importance, yet it is not always an easy task for new traders. Sometimes they try their luck without having one, but this is not the best idea. It is like shooting blindly in the dark. I have made the research and discovered that there are some trading plans available online. They do talk about the amounts of money you should put in the trade. However, they do not include other major factors. This ultimate guide was created to teach you all about your trading plan. What features your trading plan should cover? The length of using the plan The very basic thing is to decide how long you will use the trading plan. You can design it for a day, or for a week, or even a month. What I usually do, is making a plan for one week. During this time I examine and evaluate its performance. If everything works how I wanted, I will use the same plan for about one month. All the time I am using a particular trading plan, I keep records of all my trades. It will h...

On the Olymp Trade platform, you will find one of the best available trading interfaces. It is designed to be intuitive and it includes many features that will make your trading career easier. In my opinion, the greatest thing about the Olymp Trade platform is the simplicity of its user interface. For people who have experience with other platforms, it’s just a matter of seconds to get familiar with well-organized platform functionalities. In this manual, we will guide you through the various functions of the Olymp Trade trading interface. On the screenshot below you can see numbers corresponding to the specific platform features which will be described further. Although bear in mind that some of the icons and sections may be placed a little bit differently depends on your screen resolution, window size and custom settings. Olymp Trade trading interface explained Help section (1) Located in top-bar (or top of the left sidebar) icon of a question mark will lead you to help submenu. From...

About the Rate of Change indicator The technical indicator which is called the Rate of Change (ROC indicator) measures the change in the price in percentages. This change is being monitored from a determined number of periods in the past up to the present price. The indicator oscillates around 0 value. It enters the upper positive area when the change in the price has an upward direction. It moves into the lower negative zone when the change is to the downside. Thanks to the ROC indicator we can detect divergences, local oversold and overbought areas and centerline crossovers. Setting up the ROC indicator When you have your platform opened for a particular asset with Japanese candlesticks chart type set, you will see the indicators feature icon in the down left corner. After you click on it the list of indicators will appear. Find the Rate of Change indicator and attach it to your chart. It will be displayed below your price chart. How to att...

 About the Rate of Change indicator The technical indicator which is called the Rate of Change (ROC indicator) measures the change in the price in percentages. This change is being monitored from a determined number of periods in the past up to the present price. The indicator oscillates around 0 value. It enters the upper positive area when the change in the price has an upward direction. It moves into the lower negative zone when the change is to the downside. Thanks to the ROC indicator we can detect divergences, local oversold and overbought areas and centerline crossovers. Setting up the ROC indicator When you have your platform opened for a particular asset with Japanese candlesticks chart type set, you will see the indicators feature icon in the down left corner. After you click on it the list of indicators will appear. Find the Rate of Change indicator and attach it to your chart. It will be displayed below your price chart. How to attach the ROC indicator to the chart on t...

  Time is undeniably important. It plays a crucial role in your success because when trading currency pairs on Olymp Trade (whether it is CFD or option) you need to choose the time in conjunction with a currency pair. The hours of currency markets opening varies in different time zones. The main four financial centres are Sydney, Tokio, London and New York. Some are open in the mornings, some in the afternoons or evenings, according to your time zone. When you know on which market you are going to trade, you need to define its opening hours. If you’d rather trade when the volatility is high you should choose hours when connected country’s economy financial market is open. If you would rather trade on small movements, then you should choose less active hours for the chosen currency pair. You need to keep in mind that the currency pair as a financial instrument is always made of two currencies. Every currency is connected to their countries economy. So, as a rule, you can expect high...

  On the Olymp Trade platform, you will find one of the best available trading interfaces. It is designed to be intuitive and it includes many features that will make your trading career easier. In my opinion, the greatest thing about the Olymp Trade platform is the simplicity of its user interface. For people who have experience with other platforms, it’s just a matter of seconds to get familiar with well-organized platform functionalities. In this manual, we will guide you through the various functions of the Olymp Trade trading interface. On the screenshot below you can see numbers corresponding to the specific platform features which will be described further. Although bear in mind that some of the icons and sections may be placed a little bit differently depends on your screen resolution, window size and custom settings. Olymp Trade trading interface explained Help section (1) Located in top-bar (or top of the left sidebar) icon of a question mark will lead you to help submenu...