Dual Moving Averages replace the use of filters in single moving average , this indicator exchange the price line for a faster moving average indicator. We do not looking for trade where the candlestick price crosses over the single moving average, but now we are determining trade where a lower Moving average crosses over a faster moving average indicator. With this moving average crosses over we will determine whether a trading positions.
We only find a faster Moving average indicator crossing a slower moving average indicator forex and enter into trade. In case to find the accurate moving average time period , it is best to test the market data price and try to fit a moving average indicator line to it.
There are no secret using a 1 or 2 Moving average period to get an accurate fast Moving average indicator, because moving average only be reflecting the market data price on forex chart. A 5 day period Moving average would be an appropriate period of time to measure data price and make a right average which has reflected across the last 5 days trading.
related posts
- Candle Forex Indicator
- Fibonacci Retracement Indicator
- Volume Trading Strategy
- Balance Of Power Indicator
- Martiangle
Forex is simple follow the trend and you will rich.
ConversionConversion EmoticonEmoticon