Dear Germes,
First you need to register in our Social Trading platform. In profile of Social Trading you can see monitoring of tradres, and due to this monitoring you can choose trader and start to copy him.
Best regards,
representative of LiteForex
LiteForex
- Thread starter Shuvalov
- Start date
- Watchers 42
Dear Germes,
First you need to register in our Social Trading platform. In profile of Social Trading you can see monitoring of tradres, and due to this monitoring you can choose trader and start to copy him.
Best regards,
representative of LiteForex
Dear John087,
Transactions are copying at the same time when they opened by trader whom you are copying.
Best regards,
representative of LiteForex
Seven Sins of Automated Trading
Many participants of financial markets from investment banks and hedge funds to private traders experience a genuine interest in the opportunities of automated trading. Everyone is tempted by the idea to set up a robot that will then constantly earn you money. Could such a plan of creating an "eternal" source of financial success work? In fact, it turns out that the alleged exceptional efficiency of modern automation is overstated, and the reason is the human factor. What kind of fatal errors are often made by traders who rely on automation in their work?
Read more in LiteForex blog
Many participants of financial markets from investment banks and hedge funds to private traders experience a genuine interest in the opportunities of automated trading. Everyone is tempted by the idea to set up a robot that will then constantly earn you money. Could such a plan of creating an "eternal" source of financial success work? In fact, it turns out that the alleged exceptional efficiency of modern automation is overstated, and the reason is the human factor. What kind of fatal errors are often made by traders who rely on automation in their work?
Read more in LiteForex blog
Changes in trading hours due to the Memorial Day in the USA
Liteforex (Europe) trading hours amended from 26th of May till 29th of May, 2017
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming Memorial Day in the United States of America, Spring Bank Holiday worldwide on 29th of May 2017 (Monday).
Please note that trading hours for next instruments, will be affected from 26th of May (Friday) until 29th of May (Monday):
XAUUSD, XAGUSD: closes - 29th of May 2017 at 16:00, opens – 29th of May 2017 at 21:00;
CFD’s: closes - 26th of May 2017 at 19:00, opens – 29th of May 2017 at 21:00;
CAC, FDAX: closes - 29th of May 2017 at 19:00, opens – 29th of May 2017 at 21:00;
NI225, SPX, YM, NQ: closes - 29th of May 2017 at 16:00, opens – 29th of May 2017 at 21:00;
FTSE: closes - 29th of May 2017 at 19:15, opens – 29th of May 2017 at 23:00;
UKBrent: closes – 29th of May 2017 at 16:30, opens – 30th of May, 2017 at 23.00;
USCrude: closes – 29th of May 2017 at 16:00, opens – 29th of May, 2017 at 21:00.
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Changes in trading hours due to the Dragon Boat Festival in China and Hong Kong
Liteforex (Europe) trading hours amended from 29th of May till 31st of May, 2017
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming Dragon Boat Festival in China on 29th of May 2017 (Monday).
Please note that trading hours for one instrument, will be affected from 29th of May (Monday) until 31st of May (Wednesday).
Hong Kong 50 Index: closes - 29th of May 2017 at 14:45, opens – 31st of May 2017 at 00:15
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Liteforex (Europe) trading hours amended from 26th of May till 29th of May, 2017
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming Memorial Day in the United States of America, Spring Bank Holiday worldwide on 29th of May 2017 (Monday).
Please note that trading hours for next instruments, will be affected from 26th of May (Friday) until 29th of May (Monday):
XAUUSD, XAGUSD: closes - 29th of May 2017 at 16:00, opens – 29th of May 2017 at 21:00;
CFD’s: closes - 26th of May 2017 at 19:00, opens – 29th of May 2017 at 21:00;
CAC, FDAX: closes - 29th of May 2017 at 19:00, opens – 29th of May 2017 at 21:00;
NI225, SPX, YM, NQ: closes - 29th of May 2017 at 16:00, opens – 29th of May 2017 at 21:00;
FTSE: closes - 29th of May 2017 at 19:15, opens – 29th of May 2017 at 23:00;
UKBrent: closes – 29th of May 2017 at 16:30, opens – 30th of May, 2017 at 23.00;
USCrude: closes – 29th of May 2017 at 16:00, opens – 29th of May, 2017 at 21:00.
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Changes in trading hours due to the Dragon Boat Festival in China and Hong Kong
Liteforex (Europe) trading hours amended from 29th of May till 31st of May, 2017
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming Dragon Boat Festival in China on 29th of May 2017 (Monday).
Please note that trading hours for one instrument, will be affected from 29th of May (Monday) until 31st of May (Wednesday).
Hong Kong 50 Index: closes - 29th of May 2017 at 14:45, opens – 31st of May 2017 at 00:15
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Results of the Great Hundred 5 Malaysia Contest for traders
It’s time to congratulate the winners of our fifth annual contest “LiteForex Great Hundred” whose award ceremony took place on 30th April in the sunny capital of Malaysia, Kuala Lumpur.
Over 700 traders gathered in the Dewan Perdana Felda conference hall to share their impressions of the intense competition for precious prizes and champion titles of the Great Hundred 2016. Dancers in LED costumes and a water drums show accompanied the ceremony, and both general and regional managers came to congratulate the winners, making special mention of the participants’ high professional level in this season.
Mr. SAHBAN BIN HJ MD SMAIL was at the head of the winners list and left the award ceremony in a luxurious Toyota Wish 1.8. Mr. ARIFFIN BIN MD DARJAB came second and won a super bike Yamaha R25. Mr. ERY SAIRY BIN SAAT ranked third and we wish him further success when trading by use of his newly won Apple Macbook Pro.
The winners in our special category, “Master of currency strategies”, were such important partners as Mr. NUR AZAM AMRI with a result of 2.811.298.50 RM, and Mr. ANAS SUHAIL and SUKOR SALLEH, whose results reached 2.583.810 RM. Mr. ZAMZURI ZAINON with a result of 2.426.139 RM and Mr. MOHD HANIF and SHAMSUL with a result of 1.748.200.50 RM shared the 3d and the 4th places.
Mr. MOHD NIZAB PAWAN was nominated as the most productive currency strategist. Besides, other participants could compete for extra prizes, such as 30 LED TV sets, 10 microcontroller rice cookers and 10 Samsung DVD players.
We sincerely congratulate our dear winners on their victory and wish good luck all participants in our upcoming breathtaking competitions in the Forex market!
Sincerely yours,
LiteForex Investments Limited
It’s time to congratulate the winners of our fifth annual contest “LiteForex Great Hundred” whose award ceremony took place on 30th April in the sunny capital of Malaysia, Kuala Lumpur.
Over 700 traders gathered in the Dewan Perdana Felda conference hall to share their impressions of the intense competition for precious prizes and champion titles of the Great Hundred 2016. Dancers in LED costumes and a water drums show accompanied the ceremony, and both general and regional managers came to congratulate the winners, making special mention of the participants’ high professional level in this season.
Mr. SAHBAN BIN HJ MD SMAIL was at the head of the winners list and left the award ceremony in a luxurious Toyota Wish 1.8. Mr. ARIFFIN BIN MD DARJAB came second and won a super bike Yamaha R25. Mr. ERY SAIRY BIN SAAT ranked third and we wish him further success when trading by use of his newly won Apple Macbook Pro.
The winners in our special category, “Master of currency strategies”, were such important partners as Mr. NUR AZAM AMRI with a result of 2.811.298.50 RM, and Mr. ANAS SUHAIL and SUKOR SALLEH, whose results reached 2.583.810 RM. Mr. ZAMZURI ZAINON with a result of 2.426.139 RM and Mr. MOHD HANIF and SHAMSUL with a result of 1.748.200.50 RM shared the 3d and the 4th places.
Mr. MOHD NIZAB PAWAN was nominated as the most productive currency strategist. Besides, other participants could compete for extra prizes, such as 30 LED TV sets, 10 microcontroller rice cookers and 10 Samsung DVD players.
We sincerely congratulate our dear winners on their victory and wish good luck all participants in our upcoming breathtaking competitions in the Forex market!
Sincerely yours,
LiteForex Investments Limited
Dear Germes,
Yes we have different contests for different countries. Please follow the news on our website.
Best regards,
representative of LiteForex
Trading schedule to change due to the celebration of Pentecost in Germany
Dear clients,
Please be informed that official public holidays are observed at the German stock exchange due to Pentecost celebrated on 4th June 2017.
We kindly ask you to pay attention to the changes made to LiteForex’s trading hours from 2nd to 6th June 2017, concerning the following instruments:
XETRA CFDs on shares:
Closure at 18:30 on 2nd June 2017, Friday;
Opening at 10:00 on 6th June 2017, Tuesday
DAX30 (German Stock Exchange Index):
This instrument’s liquidity is expected to be falling in the period from 2nd to 6th June 2017, spreads therefore may grow.
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Dear clients,
Please be informed that official public holidays are observed at the German stock exchange due to Pentecost celebrated on 4th June 2017.
We kindly ask you to pay attention to the changes made to LiteForex’s trading hours from 2nd to 6th June 2017, concerning the following instruments:
XETRA CFDs on shares:
Closure at 18:30 on 2nd June 2017, Friday;
Opening at 10:00 on 6th June 2017, Tuesday
DAX30 (German Stock Exchange Index):
This instrument’s liquidity is expected to be falling in the period from 2nd to 6th June 2017, spreads therefore may grow.
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Changes in trading hours from 9th to 12th June, 2017
Trading schedule to change due to the Queen’s Birthday
Dear clients,
Please be informed that official public holidays are observed at the Australian stock exchange due to the Queen’s Birthday celebrated on 12th June 2017.
Please pay attention to the changes made to LiteForex’s trading hours from 9th to 12th June 2017, concerning the following instrument:
Australian Stock Exchange Index ASX200:
Closure at 18:30 on 9th June 2017, Friday.
Opening at 9:10 on 12th June 2017, Monday.
Sincerely yours,
LiteForex Investments Limited
Trading schedule to change due to the Queen’s Birthday
Dear clients,
Please be informed that official public holidays are observed at the Australian stock exchange due to the Queen’s Birthday celebrated on 12th June 2017.
Please pay attention to the changes made to LiteForex’s trading hours from 9th to 12th June 2017, concerning the following instrument:
Australian Stock Exchange Index ASX200:
Closure at 18:30 on 9th June 2017, Friday.
Opening at 9:10 on 12th June 2017, Monday.
Sincerely yours,
LiteForex Investments Limited
The Great Loss
There are many legends about the Wall Street stock market crash in 1929, but the most vivid image is the long and faceless queues of the unfortunate ordinary traders going to to jump out of the windows of the ravaged companies and hedge funds. Since then, much water has flowed under the bridge - the crises continued to appear cyclically, the exchange orders changed in some ways, and trading operations moved to the Internet. But from time to time something still forced the market participants to lose multibillion corporate assets, fall out of windows and go to jail. What exactly is it and how does it work?
Read more in LiteForex Blog
Pipsing on Forex
It's quite a complicated trading approach, but many beginners start with it. The method aims to profit from price fluctuations within the day. Some traders make more than 200 trades per day, keeping each new position open for only a few minutes. The profit from each position is quite small, but in total for the day you can hit the jackpot!
Read more in LiteForex blog
There are many legends about the Wall Street stock market crash in 1929, but the most vivid image is the long and faceless queues of the unfortunate ordinary traders going to to jump out of the windows of the ravaged companies and hedge funds. Since then, much water has flowed under the bridge - the crises continued to appear cyclically, the exchange orders changed in some ways, and trading operations moved to the Internet. But from time to time something still forced the market participants to lose multibillion corporate assets, fall out of windows and go to jail. What exactly is it and how does it work?
Read more in LiteForex Blog
Pipsing on Forex
It's quite a complicated trading approach, but many beginners start with it. The method aims to profit from price fluctuations within the day. Some traders make more than 200 trades per day, keeping each new position open for only a few minutes. The profit from each position is quite small, but in total for the day you can hit the jackpot!
Read more in LiteForex blog
Does Liteforex plan to create web platform for trading in the future? I mean possibility to trade with using your browser without installing any soft?
Dear PaulHancock,
We have webterminal for trading. You can trade via your browser by using this platform.
https://www.liteforex.com/downloads/webterminal/
Best regards,
representative of LiteForex
Liteforex trading hours amended on 4th of Jily, 2017
Dear clients,
Please be aware that some changes in schedule over the upcoming Independence Day in the United States of America on 4th of July 2017 (Thursday).
Please pay attention to the changes made to LiteForex’s trading hours from 4th to 5th July 2017, concerning the following instrument:
Trading Instrument
Symbol
Close time
Open time
Metals:
Gold
XAUUSD
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Silver
XAGUSD
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Major Indices:
French CAC40 Index
CAC
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
German DAX30 Index
FDAX
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
Japan 225 Index
NI225
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
UK FTSE100 Index
FTSE
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
American S&P500 Index
SPX
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
American DJIA Index
YM
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
American NASDAQ100 Index
NQ
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
CFD (USA):
CFD NASDAQ and CFD NYSE
early close at 20:00 03.07.2017
open from 16:30 05.07.2017
Oil:
WTI Crude Oil
USCrude
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Brent Crude Oil
UKBrent
early close at 20:00 04.07.2017
opens from 03:00 05.07.2017
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Dear clients,
Please be aware that some changes in schedule over the upcoming Independence Day in the United States of America on 4th of July 2017 (Thursday).
Please pay attention to the changes made to LiteForex’s trading hours from 4th to 5th July 2017, concerning the following instrument:
Trading Instrument
Symbol
Close time
Open time
Metals:
Gold
XAUUSD
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Silver
XAGUSD
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Major Indices:
French CAC40 Index
CAC
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
German DAX30 Index
FDAX
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
Japan 225 Index
NI225
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
UK FTSE100 Index
FTSE
early close at 23:00 04.07.2017
opens from 01:00 05.07.2017
American S&P500 Index
SPX
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
American DJIA Index
YM
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
American NASDAQ100 Index
NQ
early close at 20:00 04.07.2017
opens from 01:00 05.07.2017
CFD (USA):
CFD NASDAQ and CFD NYSE
early close at 20:00 03.07.2017
open from 16:30 05.07.2017
Oil:
WTI Crude Oil
USCrude
early close at 19:30 04.07.2017
opens from 01:00 05.07.2017
Brent Crude Oil
UKBrent
early close at 20:00 04.07.2017
opens from 03:00 05.07.2017
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Scalping Without Indicators
When trades are opened and closed in the shortest periods of time, trading systems with a huge number of indicators are not always appropriate. Decisions should be made in less than a minute, because scalpers hunt for a profit of just a few points. Let us see how to trade on the repeated typical movements and on the streaming data using orders and pending orders.
Read more in LiteForex blog
When trades are opened and closed in the shortest periods of time, trading systems with a huge number of indicators are not always appropriate. Decisions should be made in less than a minute, because scalpers hunt for a profit of just a few points. Let us see how to trade on the repeated typical movements and on the streaming data using orders and pending orders.
Read more in LiteForex blog
Digital breakthrough! LiteForex launches Bitcoin cryptocurrencies for trading
The LiteForex broker provides for trading BTC/EUR and BTC/USD currency pairs in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.
The strategies and peculiarities of work with crypto-currencies are covered in our blog.
Bitcoin is the leader of the Forex market among currency pairs in terms of cost growth expressed in major global currencies. With the threefold growth registered over the past 3 years, it exceeds 2.5 times the cost of gold.
Legalization of Bitcoin in Japan, Chinese market capital flight and FED rate rise increased the cost of Bitcoin manyfold.
The growing demand for the crypto-currency gave rise to increased volatility, which is illustrated in the chart (against the gold):
Investing in the crypto-currency, pay special attention to money management: incorrect calculation of an order’s safety margin will cause losses or premature triggering of stop-orders.
Liquidity providers will ensure the best Bitcoin prices at Forex and fast execution. The clients’ funds expressed in bitcoins are transferred to the interbank market and all deals are protected through LiteForex’s solid reputation.
The LiteForex broker provides for trading BTC/EUR and BTC/USD currency pairs in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.
The strategies and peculiarities of work with crypto-currencies are covered in our blog.
Bitcoin is the leader of the Forex market among currency pairs in terms of cost growth expressed in major global currencies. With the threefold growth registered over the past 3 years, it exceeds 2.5 times the cost of gold.
Legalization of Bitcoin in Japan, Chinese market capital flight and FED rate rise increased the cost of Bitcoin manyfold.
The growing demand for the crypto-currency gave rise to increased volatility, which is illustrated in the chart (against the gold):
Investing in the crypto-currency, pay special attention to money management: incorrect calculation of an order’s safety margin will cause losses or premature triggering of stop-orders.
Liquidity providers will ensure the best Bitcoin prices at Forex and fast execution. The clients’ funds expressed in bitcoins are transferred to the interbank market and all deals are protected through LiteForex’s solid reputation.
Be the first - join LiteForex’s team
Dear clients,
LiteForex begins implementing a large-scale long-term program aimed at developing and supporting professional sport and providing comprehensive sponsoring help to sportsmen and teams engaged in international championships.
Today, LiteForex is an official sponsor of famous Malaysian badminton player Zulfadli Zulkiffli, whose prize list includes victories at Asia Junior Championships 2011 and the titles Grand Prix Russia Champion 2016 and Grand Prix Brazil Champion 2016. Ranking second on the list of eminent professional badminton players in Malaysia today and aspiring to complete leadership, Zulfadli Zulkiffli sets his sights on Tokyo Olympics 2020. LiteForex is intending to provide necessary sponsoring support to this talented sportsman on his way to high goals.
It’s just the first step the company will take to popularize various sports and support sportsmen. The company plans to entirely assist sport teams and particular sportsmen, both established and beginning, in reaching the top.
Sincerely yours,
LiteForex Investments Limited
Dear clients,
LiteForex begins implementing a large-scale long-term program aimed at developing and supporting professional sport and providing comprehensive sponsoring help to sportsmen and teams engaged in international championships.
Today, LiteForex is an official sponsor of famous Malaysian badminton player Zulfadli Zulkiffli, whose prize list includes victories at Asia Junior Championships 2011 and the titles Grand Prix Russia Champion 2016 and Grand Prix Brazil Champion 2016. Ranking second on the list of eminent professional badminton players in Malaysia today and aspiring to complete leadership, Zulfadli Zulkiffli sets his sights on Tokyo Olympics 2020. LiteForex is intending to provide necessary sponsoring support to this talented sportsman on his way to high goals.
It’s just the first step the company will take to popularize various sports and support sportsmen. The company plans to entirely assist sport teams and particular sportsmen, both established and beginning, in reaching the top.
Sincerely yours,
LiteForex Investments Limited
Deposit your LiteForex accounts with MyPay Pocket
Dear clients,
Our clients from Thailand now can top up their trading accounts by means of the MyPay Pocket payment system. This is a convenient and popular payment system whose e-pocket can be topped up via your local credit card, bank account or 7-Eleven stores network. LiteForex’s trading accounts are topped up instantly and without fees with MyPay Pocket.
Sincerely yours,
LiteForex Investments Limited
Dear clients,
Our clients from Thailand now can top up their trading accounts by means of the MyPay Pocket payment system. This is a convenient and popular payment system whose e-pocket can be topped up via your local credit card, bank account or 7-Eleven stores network. LiteForex’s trading accounts are topped up instantly and without fees with MyPay Pocket.
Sincerely yours,
LiteForex Investments Limited
Latest important innovations LiteForex Investments Limited
Dear clients,
Please be aware that new amendments to the Agreement on Quoting System and Transactions Procedure will enter into force on 10th August, 2017.
The amended paragraph is: 2.10.2. Please use the link: https://www.liteforex.com/uploads/d...ting-system-and-transactions-procedure-en.pdf to get acquainted with the revised version of the Agreement on Quoting System and Transactions Procedure.
Sincerely yours,
LiteForex Investments Limited
Dear clients,
Please be aware that new amendments to the Agreement on Quoting System and Transactions Procedure will enter into force on 10th August, 2017.
The amended paragraph is: 2.10.2. Please use the link: https://www.liteforex.com/uploads/d...ting-system-and-transactions-procedure-en.pdf to get acquainted with the revised version of the Agreement on Quoting System and Transactions Procedure.
Sincerely yours,
LiteForex Investments Limited
Nonlinear Indicators for MetaTrader
When trading on Forex, traders often use a variety of specialized programs in order to reduce the volume of work and find conditions for confident entry or closing of the position. Metatrader 4 terminal offers a wide range of features allowing not only to track quotes, but also to carry out various calculations and present their final results in numerical or graphical form. Special programs for the terminal that allow automatic calculation of data are called indicators.
Read more in LiteForex blog
When trading on Forex, traders often use a variety of specialized programs in order to reduce the volume of work and find conditions for confident entry or closing of the position. Metatrader 4 terminal offers a wide range of features allowing not only to track quotes, but also to carry out various calculations and present their final results in numerical or graphical form. Special programs for the terminal that allow automatic calculation of data are called indicators.
Read more in LiteForex blog
Correlation of Currency Pairs and How to Use It Properly
Correlation is the ability of one trading asset to repeat the directed movements of another one.
On the financial markets, this phenomenon can be visually identified in pairs with gold and silver, as well as various types of oil and oil products.
The strength of the correlation is measured in percent (or fractions): 100% (or one) is the highest degree of correlation between two assets. To determine this value, traders use Pearson's formula: select a set of price values for the two assets X and Y, determine the average values of X and Y within this set, add the result of deviation of each set value from its average and divide them by the result of the standard deviation.
Read more in LiteForex blog
Correlation is the ability of one trading asset to repeat the directed movements of another one.
On the financial markets, this phenomenon can be visually identified in pairs with gold and silver, as well as various types of oil and oil products.
The strength of the correlation is measured in percent (or fractions): 100% (or one) is the highest degree of correlation between two assets. To determine this value, traders use Pearson's formula: select a set of price values for the two assets X and Y, determine the average values of X and Y within this set, add the result of deviation of each set value from its average and divide them by the result of the standard deviation.
Read more in LiteForex blog
