This simple indicator gives you a lot of useful information - when to enter, when to exit
and how to reduce risks by entering a trade on a double confirmed signal.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
This strategy uses 5 Simple Moving Averages and 2 ZeroLag Exponential Moving Averages, to determine possible entries and exits.
- Pretuned for Forex on 15m period
- Uses SMA(10/20/50/100/200) and EMA(9/21) by default
- Be cautios in sideward markets!