It gives you no choice but to assess each security individually, helping to ensure precise decisions are made. Oscillators –These are a group of indicators that usually flow between the upper and lower bounds. They come in handy when a trend is not visible. The most popular are RSI, MACD...
One additional parameter is useful when using sound alerts — SoundAlertFile. It can be used to set the name of the audio file for the platform to play during alert.PracticeFind the last line starting with extern (older MT4 indicators) or input (MT5 and newer MT4 indicators) statement. ...
There is no set formula. In this 15-minute chart of the GBP/USD currency pair, reasonably short periods were chosen, but testing in a demo practice environment is the best way to find a combination that appeals to the trader’s tastes. Historically, 25, 50, 100, and even 200 periods ...
The most important step of all for a Momentum Trader however, is focusing on trends seen in a stock’s trading volume, earnings, and price. To do this, you need to arm yourself with the right set of analytical indicators to identify potential momentum stocks – assets which have demonstrated...
With the /newbot command we begin the registration of a new bot. We need to come up with two names. The first one is a name of a bot that can be set in your native language. The second one is a username of a bot in Latin that ends with a “bot” prefix. As a result, we ...
To increase your chances of making profits, it is best to combine the momentum indicator with other indicators, such as the MACD. You may also smooth out the momentum curve using a Simple Moving Average (SMA). Stochastic TheStochastic oscillatorworks like the momentum indicator in that it helps...
A line is drawn across all closing prices to enable a reading of price action over a set period of time. They offer a quick and clear view of price direction. Time Scales At the top of the chart you can select which time scale (or period) you wish to view the chart in – from 1...
4. Realise that the times shown on the bottom of Forex charts are set to the particular time zone that the Forex provider's charts are set to, be it GMT, New York time, or other time zones. It's handy to have a world clock available on your computer desktop in order to convert th...
We recommend the use of MACD to visually identify the main trend. MACD is the abbreviation for Moving Average Convergence Divergence, a trend-following indicator that shows changes in the strength, the direction, the momentum, and the duration of a trend. It is also a reliable technical analysi...
It can be used to set the name of the audio file for the platform to play during alert.PracticeFind the last line starting with extern (older MT4 indicators) or input (MT5 and newer MT4 indicators) statement. Insert the following code after that line:...