GIO4X Labs · Experiment

The Workshop

Eight small machines, one idea each. Everything in them is invented: there is no market data here and nothing to win.

Start at the forge

Candle forge

Four prices, hammered into one shape.

A candlestick made the way a blade is made: poured at the open, drawn out to the high and the low, cooled at the close.

Candlestick, defined

01Poured: the body fills from the open, where the period began.

An invented candle: four heights from a seed, not a price of anything.

Leverage on a tightrope

The market sways the same. The line moves.

Leverage does not make a market move more. It brings closer the point at which the margin for a position is gone. Move the slider and watch the line rise to the wire.

Leverage visualiser

Leverage: 1:100

At 1:100, a move of 1.0% against a position equals the whole margin for it. A major pair can move that far in an ordinary day.

Arithmetic only: 100 ÷ leverage. It is not the stop-out level of any account, which is set by the account’s own conditions.

Guess the candle

Up or down? Nobody can know.

Sixteen candles and one you cannot see. The hidden one is a coin flip, so the chart cannot help you. That is the lesson.

Candlestick patterns masterclass

The hidden candle closes0 right of 0

Sixteen candles, then one you cannot see. Study them as long as you like.

Invented charts from a generator. This shows how easily a pattern is seen where there is none; it is not a statement about any real market.

The pip reels

A pair, a size, a move: what is it worth?

Three reels and one sum. A pip is a distance; it only becomes money when the size is known.

Pip value calculator

Pair

EUR/USD

quoted in USD

Size

0.1

Mini lot · 10,000 units

Move

20 pips

a pip here is 0.0001

The sum

10,000 units × 0.0001 = one pip is worth US$1.00.

A move of 20 pips is US$20.00, for you or against you.

Nothing to win: it is the pip-value sum, in the pair’s quote currency.

Sixty seconds

One minute to beat the desk.

An invented price, one position at a time, and one pip of spread on every trade. See what is left when the minute ends, and why.

The Cost Lab: what a trade costs in all

Time left 60s

Score 0.0 pips

Your best none yet

Buy if you think it will rise, sell if you think it will fall, close when you like. One position at a time, and every trade costs one pip of spread.

An invented price from a new seed each round. A real market is not this walk, and a score here says nothing about one. Your best score is kept in this browser only.

Build a candle

Four handles, one shape, and its name.

Set where it opened, where it closed and how far it reached each way. The shape you make is named, with what the name does and does not mean.

Lesson: candlestick patterns

Where it opened: 40

Where it closed: 62

How far above it reached: 8

How far below it reached: 14

A rising candle. It closed above its open, with a body that takes up much of its range.

A name describes a shape. It does not say what the next candle will do.

Draw a chart

Sketch a line. It is read back to you.

Draw with a finger or the mouse. Its average is laid over it and each stretch is named: a rise, a fall, a range.

Moving average, defined

Sketch a line from left to right with the mouse or a finger. Lift the pen and it is read.

It reads the line you drew. A stretch is called a range when it ends about where it began.

The risk dial

One dial. Turn it and watch the weather.

The share of the account risked on each trade, and what ten losses in a row would leave.

Position size calculator

Share of the account risked on each trade: 2%

At 2% a trade, ten losses in a row leave 82% of the account. A long losing run is survivable.

Arithmetic: (1 − risk)¹⁰. With an even chance on each trade, a run of ten losses is to be expected about once in a thousand trades.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

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