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An indicator created based on the relationship between the number of transactions and price changes. It attempts to provide information about whether the current trend will continue by monitoring the balance of transactions and prices.

In conditional orders, the price is determined by the person entering the order. It is used to execute buy orders at a higher price and sell orders at a lower price.

An order placed to buy at the lowest price during the session without specifying a price.

The most frequently traded maturity of all futures and options contracts traded on the VIOP. Generally, the contract closest to maturity is the active maturity.

An order given to sell at the highest price during the session without specifying a price.

A technical indicator developed by J. Welles Wilder that is part of the indicator system showing movement in a certain direction.

A forward contract between a buyer and seller to buy or sell a product at a specific quantity, price, quality, and maturity date. Unlike standard forward contracts, these are made between parties to avoid certain risks, do not guarantee the parties' failure to fulfill their obligations, and are non-transferable.

An indicator developed by Bill Williams that is thought to enable the determination of market movement levels.

A type of option where the person who takes a long-term (buying) position can use their rights arising from the contract between the start and end dates of the contract.

An indicator developed by Alan Andrews consisting of three separate parallel lines. It is used to identify price channels with significant support and resistance.

The name given to the active operations carried out by the Central Bank in order to control the money circulation in the market.

Transactions that take advantage of price differences between products of the same nature (like currencies, commodities, stocks, and interest rates) traded in different markets. These transactions exploit price differences in two different markets without taking on any risk.

A technical indicator used to measure whether the traded investment instrument is in a trend and the strength of the current trend.

The selling price of the currency pair.

Options whose strike price is equal to the spot price of the underlying asset. These options have zero intrinsic value, but their time value can be non-zero.

An indicator that measures volatility. High ATR values signal high volatility and therefore volatile, sudden trades. A low ATR indicates a slow-moving currency pair.

An indicator that is thought to generate buy and sell signals based on market momentum.

Last account value (open positions are not calculated).

The difference between the spot price and the forward price.

The unit on the left side of a currency pair. For example, in the EUR/USD pair, the base currency is EUR.

Risk that occurs when current prices in the spot market (where the underlying asset is traded) are close to or identical to prices in the futures market. It refers to transactions where the investor cannot be fully protected.

The definition of the quality and characteristics of the underlying asset that is the subject of the contract.

The name given to a market situation where sellers predominate, and prices tend to fall. The bear's attack technique, the overhead claw strike, is the source of the market's name.

A technical indicator that measures the strength of a bear market.

The buying price of the currency pair.

The relationship between a European call option and a put option where the underlying asset, maturity and strike price are the same.

A theorist and economist who has striking theories about markets and has produced technical analysis tools.

An option pricing model developed by Fisher Black and Myron Scholes. It is used to measure the fairness of the premium paid or collected when buying or selling an option.

Bank of Canada. Central Bank of Canada.

Bank of England.

Bank of Japan.

A technical indicator that helps traders compare relative price levels and volatility across a currency pair over a specific time period. It consists of three bands that move with price movements, with the upper band typically representing resistance and the lower band representing support.

At a conference held in 1944 with the participation of 44 countries, the decision was made to establish the World Bank and the IMF. At the end of this conference, all participating countries agreed to make their currencies convertible into gold. Since the price of gold was fixed at 1 ounce of gold = $35, the value of all countries' currencies began to be calculated in terms of the dollar.

Brokerage firm. The institution that allows you to trade in Forex and connects you with banks.

Banking authority in Türkiye.

A term used for emerging markets where there are more buyers than sellers.

The name given to the bull market.

A technical indicator that measures the strength of a bull market.

An automatic buy order placed at a level below the current price to be executed at a later date.

An automatic buy order placed at a level above the current price to be executed at a later date.

The jargon nickname for the GBP/USD pair.

Option contracts that give the buyer the right, but not the obligation, to purchase the underlying asset at a specific price within a specific timeframe. The seller is obligated to sell if the buyer chooses to exercise their option.

An option strategy where two options with the same expiration date are purchased. A put position is opened for the option with the higher strike price, and a call position is opened for the option with the lower strike price. The term "debtor" is used because the investor pays the difference in premium.

An option strategy implemented to achieve limited profits in price declines while also limiting losses in the event of unexpected developments. This involves purchasing two options with the same maturity, opening a buy position in the option with the higher strike price and a sell position in the option with the lower strike price.

The relationship between a European call option and a put option where the underlying asset, maturity, and strike price are the same.

One of the graphical representation types, it is the most commonly used representation in the application of technical analysis tools.

An indicator developed by Donald R. Lambert, generally yielding better results in sideways markets. The center is 0, and boundaries are -100 and +100, with a price moving outside these limits considered a position signal.

An investment group consisting of instruments that allow for market agreements without actually purchasing the underlying investment instrument. In this group, only the price expectation of the underlying asset is purchased.

A government agency in the United States that oversees markets, with a structure similar to the Capital Markets Board in Türkiye.

English for the term Price Chart.

The price at which you close your position.

The quote currency is the currency on the right side of a currency pair. This currency is used to pay for the currency you want to trade.

A program tool that adds coordinate and distance measurement features to the mouse cursor on the graphics screen.

The name given to each currency pair you want to trade.

Forex trading is done using currency pairs, e.g., EUR/USD.

The monetary value of the difference between a country's imports and exports. If the current account deficit is positive, imports exceed exports.

The value of the contract at the time it is traded.

Technical analysis drawing tool that allows you to specify equal time intervals on price charts.

A type of investment that involves opening and closing positions on the same day.

The name given to individuals and institutions that act on their own behalf and account in buying and selling transactions.

Transaction prices. This is the area where the buying and selling prices of currency pairs are reported.

The name given to the continuous downward trend in the general level of prices.

Represents the change in value in the option price, adjusted for the conversion rate, in response to a 1 TL change in the underlying asset. It is displayed with a value between 0 and -1 for put options and 0 and +1 for call options.

An indicator designed by Tom DeMarker with trend-following features.

Money loaded for collateral after account opening.

The name given to the official adjustment made by reducing the value of the national currency.

An indicator in which a positive (+) DI line reflects buying pressure and a negative DI line reflects selling pressure. A buy signal occurs as long as the "+DI" line is above the "-DI" line, and a sell signal occurs when the "+DI" line is below the "-DI" line.

A hedging method in which a strategy is developed by continuously monitoring the relationship between the price movement of the underlying asset in the spot market and the price movement of the futures contract.

The word suggested by the Turkish Language Association to be used instead of the Euro currency; European currency.

A type of option where the long position (call option holder) uses their right to exercise arising from the contract at the end of the maturity.

Formations formed by price movements in the opposite direction of the current trend, signaling that the trend will continue. They are created by brief pauses within a consistent market movement.

A system in which foreign exchange prices are determined by buying and selling in a free market without government intervention.

A measure of the uncertainty associated with an asset's return. It is calculated mathematically by finding the annual standard deviation of the daily percentage change in prices.

Defined as options that are in the money. The current price of the underlying asset is above the strike price for call options, while it is below it for put options. These are options where the intrinsic value is greater than zero. For put options, it's when the strike price is higher than the underlying asset price.

The minimum amount required in an account to open a position in any contract in the Futures and Options Market. A separate initial margin is required for each product traded.

The situation where the option has no intrinsic value. For call options, it occurs when the strike price is higher than the underlying asset at expiration. For put options, it occurs when the strike price is lower than the underlying asset price.

The main market in VIOP where normal sessions or price fixing sessions take place.

Positions where a buy (long) or sell (short) position has been opened in the Futures and Options Market (VIOP) but has not been closed by a reverse transaction or has not resulted in delivery on the contract expiry date.

A position order defined to be executed at a specific price level at a future date.

The session held to determine prices before the regular session. The equilibrium price from this session is used as the base price when opening the regular session.

A formation that occurs when the price moves in a certain direction and moves between a determined support and resistance for a while.

The name given to the level that prices will have difficulty passing in a rising price chart.

The price that occurs when the session opens and the first transaction is made.

The name given to the level that prices will have difficulty passing in a descending price chart.

A candlestick pattern believed to be an indication that prices are declining.

Assets such as stocks, commodities, goods, economic indicators, foreign exchange, precious metals, and interest, which are the subject of derivative products such as futures contracts and options.

One of the important pricing strategies used in VİOP. It is a strategy of simultaneously buying and selling two options of the same type (call or put) with different strike prices.

The weighted average of the prices at which the asset being bought or sold was traded during a session. This forms the basis for calculating the base price for the next session.