Quotex - is a feature-rich application designed specifically for traders. It provides a wide range of tools and features to help you make informed decisions.
One of the key components of Quotex is the Fibonacci Calculator. It is a powerful tool that will help you make complex return and risk calculations. You can easily determine the cost of entry and exit from trades, calculate potential profit or loss, taking into account commissions and interest rates.
Apart from this, tools like Pivot Point and Forex Drawdown are also available in the app. Pivot Point will help you identify key support and resistance levels in the market, which is essential for making decisions about entering and exiting trades. Forex Drawdown will allow you to estimate the maximum loss of your funds for a certain period of time, which will help you manage risks and protect your capital.
Additionally, Quotex includes a Risk of Ruin feature. It will help you assess the likelihood of completely losing your capital as a result of a series of losing trades. This feature is especially useful when planning your trading strategy and managing risk.
The application interface is intuitive and easy to use, allowing both new and experienced traders to get the most out of all the features of the Quotex application. Thanks to its versatility and useful tools, this application will become an indispensable assistant in your trading activities.