Just like the Simple Moving Average, Exponential Moving Average (EMA) is an indicator used to find the trend direction is a specific time, which is slightly different than the purpose of SMA in calculating the average of prices. On the other hand, EMA is biased towards recent data where it gives higher weight to current data than it gives to previous data. Accordingly, EMA has a one of a kind calculation that actually traces price movement more accurately than SMA. Theory of operation Mentioning that EMA is similar to SMA had a purpose, which is how it actually works. This… Continue reading
Adaptive Moving Average MT4 Indicator
The efficiency of the price movement in the market is the real standard of whether the Adaptive Moving Average AMA will react quickly or slowly to a trading signal. However,… Continue reading
Why Forex and Gambling are not the Same: Five Main Reasons
There are many people who consider trading in the forex market similar to gambling. This may be true for novices but when you consider people who use trading as a… Continue reading
OsMa , ADI , Parabolic. Forex trend indicators.
Related Source: OsMa , ADI , Parabolic. Forex trend indicators Ultimately trend indicators help reduce risk, but to a trader the reasons for using trend indicators are generally to reinforce… Continue reading
Top Ten Rules for Day Trading
Follow simple rules in order to become better trader: 1. If you cant’ easily detect daily, weekly and monthly support & resistance for pairs that you are trading usually then… Continue reading
Trade With Discipline, Avoid Being Clever
With the pace of information spreading globally eclipsing speeds ever seen in human history, never before has it been so easy to accumulate knowledge on any topic. This has empowered… Continue reading
How To Choose a Forex Broker Guide
You must have noticed large number of brokers at the market. As a beginner, you might have difficulties with the choice of the right broker who is worth of your… Continue reading
Forex Technical Analysis
The principles analyzed in this text are based on the basics of technical analysis and are highly applicable regardless of whether you do the technical analysis for Forex, Shares, Gold,… Continue reading
