DOWNLOAD Forex Moving Average (MA) Candle MQ4 Trading Indicator and Template – How to Use Moving Averages to Find the Trend.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
One sweet way to use moving averages is to help you determine the trend.
The simplest way is to just plot a single moving average on the chart. When price action tends to stay above the moving average, it signals that price is in a general UPTREND.
If price action tends to stay below the moving average, then it indicates that it is in a DOWNTREND.
- Time Frame: Any
- Currency Pairs: Any
MetaTrader Trading Indicator
- MA Candlesticks
BUY Rules
- MA Candlesticks:
- The last MA Candle was a Blue candle
- The last candle was a bullish candle
SELL Rules
- MA Candlesticks:
- The last MA Candle was a Yellow candle
- The last candle was a bearish candle