Disliked{quote} Perfect - Nice. Can you please share the settings of moving average Please share the end result also of today's trade Thanks & regardsIgnored
The results of the 4 trades I took this morning
3 losses and 1win,
I'm a bit disappointed that we did not break even,
That's one of the reasons I put 4 trades on,
The indicator gave a good indication,
the moving averages we're all in an uptrend apart from the one I put on mistakenly
all pairs were traded strongest vs weakest,
So I'm putting this down to the forex market itself,
there was also a lot of spiky candles which took 3 stops out and then turn around and went the way we wanted them to go,
I'm also thinking perhaps we should not trade this system first thing on a Monday morning when the Asian session has had control for the last 10 hours,
So it's back to the drawing board
PS,
I noticed you got the 4 hour and the day indicator and some other indicator which seems to have no time with it could you please tell us how we load this on to the chart, and have you any more information on how this extra Indicator works.
be lucky keep safe.
Answer to your questions
3 moving averages are
200 Expotential Closed Colour blue
100 Expotential Closed Colour red
50 Expotential Closed Colour green
Currency strength it's always the strongest vs the weakest
it's a simple as that
time frame is 4 hour and 1 hour
and I always check before I trade the colour of the candle in the 4-hour 1-hour and 30-minutes
are all the same colour
plus I also look at the correlation of the pairs
for instance if the gold price is going down the US dollar will be going up
I will put a picture on of the correlation of pairs and what I trade.
1