Pip value calculator

Pip value calculator

Pip value constantly changes according to the market currency price for indirect currency pairs.

Kindly enter the current value of the bid/ask of your desired pair in the price box then press retrieve button to get the pair pip value in dollar

Instructions

You may input any prices you need in the second column of the table. If you are using non-standard lots, you may input the size of your lot in the bottom cell.

Other currencies with same USD pip value EUR/USD GBP/USD, AUD/USD USD/JPY EUR/JPY, GBP/JPY, AUD/JPY USD/CHF EUR/CHF, GBP/CHF USD/CAD EUR/CAD

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Trading Signals

Dash board is an assisting tool that makes strategies combinations where its calculations depend on volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame.

It shows the buy/sell signals by different strengths in the short, middle and long periods:

- Short strength expected results may take from 2 to 8 hours to produce profit and the expected gain may reach average 20 to 30 pips.

- Middle strength expected results may take from 8 to 24 hours to produce profit and the expected gain may reach an average of 30 to 60 pips.

- Long strength expected results may take from 1 to 5 days to produce profit and the expected gain may reach average 60 to 30 pips.

Indicator features:

- History mode feature that allows traders to get the dash board indications for any point in history.

- The ability to show or hide all strategies.

- The ability to add or remove any strategy from Dash Board calculations.

- Assigning weights for each strategy in Dash Board calculations.

- The ability to store Dash Board values in files.

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The Differential indicator With ForexGen

The Differential indicator is an indicator used to identify the profit/loss that would have been realized if any trader submitted multiple positions at the same time.

The indicator shows the rise and fall of the profit of positions opened at the red vertical line through a red graph line in a certain interval of time starting from the time of opening the positions and reaching to the current time, where each point is the total profit of opened positions at this time.

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ForexGen Careers

ForexGen aims to set a new standard for global FX trading, and our team members own the drive, determination and excitement to revolutionize the Forex trading world.If you are a passionate, high-energy professional interested in paving the next era in FX, and would like to be a part of a challenging work environment that stimulates and promotes professional development, please check out our list of available positions.

ForexGen is an equal opportunity employer, providing consideration to all qualified job candidates.

Career Opportunity

Click the Image Below To Know More About ForexGen Careers

The following positions are for our dealing rooms in Dubai, Cairo,
Oslo, and NY.

Dealing Room

• Dealing Room Mangers
• Professional Dealers
• Dealers Trainees
• Fund Mangers

Operations

• Risk analysis management
• Settlements/transactions Management

Customer Services

• Account managers
• Helpdesk support

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White Label Partner With ForexGen

A Qualified and familiar online trading platform branded under each company name!

• Streamline dealing with no request for quote for up to 200 lots (20 million).
• Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
• Constantly updated real time prices.
• Real time charts with the most common indicators.
• Daily account statement.
• Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
• Streaming news quotes provided by AFX News.
• An attractive income sharing plan

Trading White Label enables our partners to charge their clients' commission for each traded lot.

WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?

They also have the ability to raise the spread for all or certain customers.

ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.

Commission is paid out every month.

Individualized service

ForexGen white label trading offers our partner's individualized service created according to the individual needs and specified business situation for each IB.

White labeling enables you to access one of the two highly advanced ForexGen online Trading platforms according to the customer designation. This reduces your responsibility to provide a platform support and accounting personnel that is regularly required.

White Label trading service enables your customers to benefit from ForexGen advantages which revolutionize the retail foreign exchange industry.

• A qualified online trading platform that offers sophisticated forex charts, a large scale of indicators and trading mechanism , hedging feature, trailing stops that adjust pip by pip, real time streaming quotes and more!
• ForexGen trading services are provided without Dealing Desk which prevents the effect of any one on the prices and pip spreads
• Low spreads - 2 pip EUR/USD, 2 pips USD/JPY and 3 pips GBP/USD, USD/CHF, and EUR/JPY.
• ForexGen leverage could be 200:1 on standard accounts.

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ForexGen Deposit Funds

ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided by Customer Support personnel available 24/7 In order to serve its clients any time all over the world.

ForexGen cares for its clients' funds, so that ForexGen allow funding operations with a guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.

Funds are accepted by wire transfer and e-gold payments. For full details about funding procedures and options kindly click here.

• Please note that during the weekends and official holidays, wire transfers may be delayed.

Account receivable funding could electronically be funded by ForexGen in the same business day, thus the client's account will be funded in the same day of receipt. For our client's security, each wire transfer reference section must contain the client's name and account number.

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ForexGen SCAM Warning

1. Stay away from opportunities that seem too good to be true:

Always remember that there is no such thing as a "free lunch." Be especially cautious if you have acquired a large sum of cash recently and are looking for a safe investment vehicle. In particular, retirees with access to their retirement funds may be attractive targets for fraudulent operators. Getting your money back once it is gone can be difficult or impossible.

2. Avoid any company that predicts or guarantees large profits:

Be extremely wary of companies that guarantee profits, or that tout extremely high performance. In many cases, those claims are false. The following are examples of statements that either are or most likely are fraudulent: "Whether the market moves up or down, in the currency market you will make a profit." "Make $1000 per week, every week" "We are out-performing domestic investments." "The main advantage of the forex markets is that there is no bear market." "We guarantee you will make at least a 30-40% rate of return within two months."

3. Stay Away From Companies That Promise Little or No Financial Risk:

Be suspicious of companies that downplay risks or state that written risk disclosure statements are routine formalities imposed by the government. The currency futures and options markets are volatile and contain substantial risks for unsophisticated customers. The currency futures and options markets are not the place to put any funds that you cannot afford to lose. For example, retirement funds should not be used for currency trading. You can lose most or all of those funds very quickly trading foreign currency futures or options contracts. Therefore, beware of companies that make the following types of statements: "With a $10,000 deposit, the maximum you can lose is $200 to $250 per day." "We promise to recover any losses you have." "Your investment is secure."

4. Don't Trade on Margin Unless You Understand What It Means:

Margin trading can make you responsible for losses that greatly exceed the dollar amount you deposited. Many currency traders ask customers to give them money, which they sometimes refer to as "margin," often sums in the range of $1,000 to $5,000. However, those amounts, which are relatively small in the currency markets, actually control far larger dollar amounts of trading; a fact that often is poorly explained to customers. Don't trade on margin unless you fully understand what you are doing and are prepared to accept losses that exceed the margin amounts you paid.

5. Question Firms That Claim To Trade in the "Interbank Market"

Be wary of firms that claim that you can or should trade in the "interbank market," or that they will do so on your behalf. Unregulated, fraudulent currency trading firms often tell retail customers that their funds are traded in the "interbank market," where good prices can be obtained. Firms that trade currencies in the interbank market, however, are most likely to be banks, investment banks and large corporations, since the term "interbank market" refers simply to a loose network of currency transactions negotiated between financial institutions and other large companies.

6. Be Wary of Sending or Transferring Cash on the Internet, By Mail or Otherwise

Be especially alert to the dangers of trading on-line; it is very easy to transfer funds on-line, but often can be impossible to get a refund. It costs an Internet advertiser just pennies per day to reach a potential audience of millions of persons, and phony currency trading firms have seized upon the Internet as an inexpensive and effective way of reaching a large pool of potential customers. Companies offering currency trading on-line will usually be located in different legal jurisdictions to you. Even if they display an address or any other information identifying their nationality on their Web site it may be false. Be aware that if you transfer funds to foreign firms it may be very difficult or impossible to recover your funds.

7. Currency Scams Often Target Members of Ethnic Minorities:

Some currency trading scams target potential customers in ethnic communities, particularly persons in the Russian, Chinese and Indian immigrant communities, through advertisements in ethnic newspapers and television "infomercials." Sometimes those advertisements offer so-called "job opportunities" for "account executives" to trade foreign currencies. Be aware that "account executives" that are hired might be expected to use their own money for currency trading, as well as to recruit their family and friends to do likewise. What appears to be a promising job opportunity often is another way many of these companies lure customers into parting with their cash.

8. Be Sure You Get the Company's Performance Track Record

Get as much information as possible about the firm's or individual's performance record on behalf of other clients. You should be aware, however, that It may be difficult or impossible to do so, or to verify the information you receive. While firms and individuals are not required to provide this information, you should be wary of any person who is not willing to do so or who provides you with incomplete information. However, keep in mind, even if you do receive a glossy brochure or sophisticated-looking charts, that the information they contain might be false.

9. Don't Deal With Anyone Who Won't Give You His Background

Plan to do a lot of checking of any information you receive to be sure that the company is and does exactly what it says. Get the background of the persons running or promoting the company, if possible. Do not rely solely on oral statements or promises from the firm's employees. Ask for all information in written form. If you cannot satisfy yourself that the persons with whom you are dealing are completely legitimate and above-board, the wisest course of action is to avoid trading foreign currencies through those companies.

ForexGen Promotions

As ForexGen believes that its success depends totally on its client's satisfaction and success, ForexGen is sharing its growth and new site release with wonderful promotion packages.

1) Claim Your Bonus:

Free Cash Bonus For Fresh New Clients ONLY:

Free cash bonus when you open your new live account withen the next 30 days. You will recieve a FREE cash bonus which will be added to your trading account. The cash bonus depends on the account type you open.

Account Type	Free Cash Bonus
Mini Account	10% of your deposit maximum $250
Standard Account	10% of your deposit maximum $500

Open Live Account Now

2) Demo Account Contest:

ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:

- Full name:

- Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your demo account login information which will be used in the trading contest.

Open Demo Account Now

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit

2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit

3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

3) Live Account Contest:

ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest.

This is NOT a demo contest

this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.

What makes this contest unique?

All prizes are CASH prizes with no restrictions on withdrawing the prize money!

How Do I Enter?

You don't have to pay any fee to enter this contest, all ForexGen mini Accounts with a balance of "$1000" and a default leverage of 1:200 are entitled to participate in this contest upon their account holder request by sending an e-mail request on live.contest@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it including their "live Account Number".

By the end of each month, the highest 5 accounts with the highest profits (including floating P/L) will be granted the following prizes:

First place: 50% of the account profit

Second place: 40% of the account profit

Third place: 30% of the account profit

Fourth place: 20% of the account profit

Fifth place: 10% of the account profit

(Profits will be added to the live account balance)

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

Winners will be announced by the 15th of the following month.

Open Live Account Now

4) Refer A Client:

If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.

2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.

Refer A Client Now

5) Scalping Enabled Account:

Trade and scalp the market

ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms,

ForexGen offers traders all the advantage of a “no dealing desk” option:

• Trade the news without intervention or restrictions
• Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
• Place scalping orders without intervention or restrictions.
• A client-friendly trading environment, No re-quotes.
• Ability to place orders inside the spread
• Competing rates from multiple banks
• Spreads are variable and can move sharply
• Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com .

Also you can chat with our representatives.

Also you can request a call back from one of our agents by sending us your contact number and the best time we can reach you.

And For More InforMation About ForexGen Join Us @ www.forexGen.com

Patterns Recognizer

Technical analysts in the Forex market found that by observing the candlesticks patterns, there are recurring patterns on the candlestick charts. Such patterns are like recurring pictures on the candlestick charts and they tend to occur when a trend is about to end or reverse its direction. The patterns are a very good visual representation of the price movements and it give traders a good view of what is likely to happen next in the market.

Why are candlesticks patterns important?

The answer for this question is quite simple because candlesticks represent true status of what is going on in the market at the current moment. If a candlestick range is tight, this means that the market range for the trading day was very tight. If these narrow candle range appears after a strong up-trend, it may be a strong indication that themarket there is a bearish power have now entered the market more aggressively, and it's strongly suggesting that the price may fall down.

Finally, candlesticks patterns can be easily used to determine potential reversals of the current trends in the market - most likely when used at the same time with other technical indicators. By constantly observing the candlestick patterns, traders can observe potential reversals of trends and have good opportunities to join the market with strong indication of what will go on next.

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The Market Watch With ForexGen

The Market Watch window is a floating palette. It has the ability to be dragged anywhere on the screen. The Market Watch window which is also called the Quotes Window shows the current prices of the traded currency pairs and the currency market news in the currency market. It also permits quick dealing with any currency pair.

The Market Watch window item can be accessed using the menu items View > Market Watch or by pressing the Ctrl + M key combination. In addition, the Market Watch button on the toolbar allows showing or hiding the Market Watch window.

The trader can start trading just by double click the desired vehicle and the Order Form will be opened. The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.

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