Question 1

What are forex pivot points?

Accepted Answer

Forex pivot points are technical indicators used to identify potential support and resistance levels. They are calculated from the previous day's high, low, and close prices. The main pivot point (PP) formula is: PP = (High + Low + Close) / 3. From this, traders calculate resistance levels (R1, R2, R3) and support levels (S1, S2, S3).

Question 2

How often are ForexR quotes updated?

Accepted Answer

ForexR updates live forex quotes every 5 seconds during market hours. Our price data is sourced from professional MT5 servers, providing real-time bid/ask prices, spreads, and market data for over 60 currency pairs including EUR/USD, XAU/USD (Gold), GBP/USD, and more.

Question 3

What is ATR in forex trading?

Accepted Answer

ATR (Average True Range) is a technical indicator that measures market volatility. ForexR calculates the 14-period ATR using the formula that considers the greatest of: current high minus current low, absolute value of current high minus previous close, or absolute value of current low minus previous close. Higher ATR values indicate higher volatility.

Question 4

What are forex trading sessions?

Accepted Answer

The forex market operates 24/5 across four major trading sessions: Sydney (21:00-06:00 UTC), Tokyo (00:00-09:00 UTC), London (07:00-16:00 UTC), and New York (12:00-21:00 UTC). ForexR displays which sessions are currently active, helping traders identify optimal trading times with higher liquidity.

Question 5

Is ForexR free to use?

Accepted Answer

Yes, ForexR is completely free to use. We provide live forex quotes, pivot points, economic calendar, market news, and TradingView charts at no cost. No registration or subscription is required to access all features.

Pivot Points

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Pivot Points

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Trend Analysis

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