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by on December 3, 2020
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The Forex tools, presented here, can assist both technical analysis and money management, which can improve your trading result. All these Forex tools are totally free and you can use them without paying anything:

Pivot Points Calculator - Four online calculators' web-based pivot points will help you to generate pivot points for any period of time. Pivot points are used as the most important market trend points, where the trend can meet support or resistance and actually change its direction. The rules for constructing normal, Tom DeMark, Woodie, and Camarilla pivot points are available with this free calculator. You don't have to download any software. Just fill out the form and instantly get pivot points and support and resistance levels.

Pip Value Calculator - How Much is a Pip? What about EUR / CHF and CAD / JPY? With this free and fast online tool, you can discover the value of 1 pip in USD for any lot size and any major pair or currency cross. Fill out the form and get the pip value in no time. There is no need to download any software!

Fibonacci Calculator - The web-based Fibonacci levels calculator will help you to generate the basic values ​​of the Fibonacci levels for any given trend. These level values ​​can be used as the most natural points of support and resistance for any given trend and for any given currency pair. In the currency trading market, using Fibonacci levels to place orders and targets is one of the best methods to organize a trader's portfolio.

Position Size Calculator - It is very important to employ a risk and money management system in Forex trading. And without the (correctly calculated) position size it is not possible to manage your trading risks. This calculator works with any account currency, any currency pair, and other parameters.

Risk and Reward Forex Calculator - The online calculator that will help you discover the risks and rewards, associated with the possible targets of your position, based on the Fibonacci level of the current market wave.

Profit and Loss Percentage Calculator - A simple online tool to obtain the percentage value of the change in account size relative to the beginning balance. It will also calculate the required profit/loss recovery in percentage points.

Forex Strategies - Free Forex strategies available to all traders, including strategies based on technical indicators, fundamental events, and unique price action. All strategies presented have detailed descriptions and examples.

VPS Hosting for MetaTrader - A specially dedicated hosting for the MetaTrader platform (and usually any other) and for Expert Advisors. It is the right way to keep your strategy always active regardless of your own computer.

Interest Rate Table - A list of the interest rates of the world's major central banks. The story goes back to the 2000s for many coins and even further afield for major coins. You can use the main interest rates to assess long-term trends in the Forex market.

Charts should always be only a click away and having them available easily is crucial. Whether it's through a Forex widget or a Forex toolbar, you shouldn't have to spend any time searching for the information you need. Fundamental news is coming out all the time and can blow the charts away. Unless you're connected to Forex Finmax, you're going to lag behind thousands of traders ahead of you.
Topics: forex tools
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