RRange trading is a strategy whereby a trader identifies overbought and oversold areas (or support and resistance areas) and buys at the oversold area (support) and sells at the overbought area (resistance). The strategy works well in markets that are meandering up and down with no discernable long-term trend.
Ranger is EA tool which helps set various parameters for range trading in various products across multiple accounts with the help of Multi Account Manager (MAM). Please contact us for more information on this product.
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Trading Forex, CFDS and other derivatives involves undertaking transactions in 'Complex Products' as defined by the FCA. The high degree of leverage can work against you as well as for you so before deciding to invest in Forex or CFDs you should consider your investment objectives, expertise and risk appetite. You should familiarise yourself with the content of the Risk Warning before applying for an account or commencing trading. All trading involves risk. Losses can exceed deposits. Please ensure that you fully understand the risks involved.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.