Now we have a trend-following tool to tell us whether the major trend of a given currency pair is up or down. Cover and go long when daily closing price crosses below lower band. If you continue to use this site we will assume that you are happy with it. For this, we will employ a trend-confirmation tool. This means if we initially had a long position when the indicator told us to sell, we would cover and establish a new short position. If The market is flat and the price action is not making a new high or low and just saying stagnant….
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Indicator No.1: A Trend-Following Tool
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A huge collection of + free indicators, oscillators, trading systems & expert advisors for MT4 and MT5 trading platforms. Simple green-red Fisher MT4 Indicator Fisher Indicator – simple indicator that generate trading signals in separate window. This indicator put mathematical calculations, built on the ratio of current price to the minimum – maximum with extremes of the price of the previous periods. Best Forex Indicator Scam or Not - Click here to find out.