I found a new strategy for Forex trading. A strategy that is simple and only use the Moving Average indicator. Please for friends who are interested in learning my new formula. Welcome to learning.
First, Please look at the pictures of the Moving Average Indicator below;
Once you see the pictures Moving average above can you analyze about Moving average which I use? why I use 3 lines of Moving average Indicator?
3 Lines of Moving Average Indicator
Well here's the description and function of the 3 lines of the Indicator Moving Average.The white line above (1)
- Period: 14
- Shift: 0
- MA Method: Simple
- Apply to: High
- Period: 14
- Shift: 0
- MA Method: Simple
- Apply to: Close
- Period: 14
- Shift: 0
- MA Method: Simple
- Apply to: Low
The 3 Lines Function Explanation
On the top line (1 MA). MA apply to High = moving average price in average yield the highest price. So when prices are already the top line was pierced, in theory to predict the rate will go up. (MA 2) Apply to close = average price Movement in the closing phase of the candle. So here's what we think sometimes, that many traders are resting on this default setting of Moving Average price when it was thought that penetrate the line it can to determine the trend. But this is only likely to price the flats area. And the last one; The bottom line (MA 3) = this function is equal to the line (1 MA).Quite a few, and if you're still having trouble please contact me. Thanks for reading my post. Your friend (Tom Berlino).
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