-
The gap by itself can indicate the temporal sentiment of market participants. The gap up reflects a buyer's strengthened sentiment for the rally, while the down gap suggests a seller's sentiment to hit falling prices.
The trader can decide to open a position, some time after the price moves from the open price on the gap. If the next bars are unidirectional, the price is likely to continue moving the trend until it reaches the key resistance or support bar. Conversely, when the next bars are opposite, the trend is likely to end soon.
It is recommended to use the help of other indicators to improve signal quality. The illustration below uses MACD oscillators for entry and exit help.
-
The gap by itself can indicate the temporal sentiment of market participants. The gap up reflects a buyer's strengthened sentiment for the rally, while the down gap suggests a seller's sentiment to hit falling prices.
The trader can decide to open a position, some time after the price moves from the open price on the gap. If the next bars are unidirectional, the price is likely to continue moving the trend until it reaches the key resistance or support bar. Conversely, when the next bars are opposite, the trend is likely to end soon.
It is recommended to use the help of other indicators to improve signal quality. The illustration below uses MACD oscillators for entry and exit help.:1f612::1f604:
-
Today Market Trend is =Buy
Current position and previous position indicate the market going up
Support or resistance point be market k up honey ka ishara day raha hai
Is liya ham ko buy ki Trade laga dani chahiye
-
#3
The indicators are only there to confirm price action, and when you know how to use and read them well, you will make progress in getting these green pips. Using it correctly also involves TF because some work very well at a higher level. time frames etc. give only quick signals which are confusing at times and can cause a red pip. It is important to check the CCI indicator, which gives interesting results in relation to signals from the RSI indicator, the combination of these indicators and watching the market can be correct really brings benefits that the authors praise the description of the August CCI indicator.
Quick reply to this message Reply With Quote Multi-Quote This Message
-
thank you, but I think it's better if you put some pictures or videos that explain how to use this technical indicator, not just a link, because it will be very useful for members who will see your thread especially from beginners. There is no best indicator for trading foreign currency. All indicators are good and they only provide some sort of guidelines for trading and nothing more than that. There is no one indicator that can help you become a successful trader. Forget all this and start learning all the methods until you find a method that works better for you.
-
My partner has the exact same mindset but when I have started to learn things step by step and have understood how the indicators work I have a mind that really changes because I feel as much as you want is still a necessary indicator and very helpful while we should not expect them to be 100% but they are certainly very useful. I think it might be a better indicator for short-term trading in a small time frame but we must watch out for the news because the news can change trends let alone trading strategies; rather we must trade in a larger time frame with small lots and manage our money properly.
-
The wellxAMA is a powerful vertex FX indicator based on Adaptive Moving Average. It provides excellent trading opportunity and is especially useful in trend-following systems, and employs the concepts of digital filters.
In the first step, we calculate the AMA (Adaptive Moving Average) based on the PERIOD_AMA. We then calculate the signal-to-noise ratio (SNR) based on the change in price on each candle and smooth this SNR using the NFAST and NSLOW smoothing period. Finally, the wellxAMA is calculated based on the AMA and this smoothed SNR. The DK threshold is used to move the trailing stop upwards in up trends and downwards in down trends. The AMA indicator displays blue dots in bullish breakout, and yellow dots in bearish breakouts.
-
#2
I can't say it's good but it's a good indicator to identify trends thanks friends ... As I always know, there are no best indicators, and the two indicators cannot perform the same function, no matter how close they are inclined. I know that many indicators are available on Forex meta traders trying to find out
-
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
-
trade the market, but I believe in the study of the behavior of candles to determine the direction of forex trading and it is very good for me you can learn about these indicators by 'googling' the internet; just type the name of the indicator and it will take you to the relevant forex website which will explain in detail about certain indicators and their use. Sometimes, the website also provides several trading systems that are made from a combination
