as an example of what not to do, look at this guy's chart:
https://d2r1vs3d9006ap.cloudfront.n...eamingRealtimeStockCharts-Free.png?1376504193
also attached.
Which one do you suggest for a newbie... if I were to use one, being a newbie, I'd prefer a simple and handy indicator maybe moving average?!
Hi, I just read about a short term forex trading technique, time frames: 1 min, 3 min and 5 min, Cross: EUR/USD, GBP/USD, USD/JPY.
2 moving averages:
1 SMA domain: 9 periods on the bar open
2 SDMA domain: 17 periods displacement based on Bar Pivot Point(H+L+C)/3 of every bar
setup: cross average
technical filter: standard deviation.
Has anyone know about it?
You Mean The Signal Based On Crossed Moving Average ?
When Short Period Moving Average Cross Upward >> Trigger Buy
When Short Period Moving Average Cross Downward >> Trigger Sell