Like with any MA (dynamic S/R), the proper structure still has to be present for proper entry. Taking the trade off the retest/pullback is where people need to look.josi wrote: Sat Apr 27, 2024 11:23 pm thanks, kvak.
I am not so sure that you have an edge if you choose
color change on slope change (of slower MA)
color change on MA-cross
The signals tend too be much too late.
Price-cross MA seems the most sensible option.
But what do I know, anyway?
Have a nice weekend.
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Re: Moving Average indicators for MT4
FXSurf, Sun Apr 28, 2024 12:13 am