Using a Forex Moving Average Convergence Divergence Trading Strategy

8 months ago forexsimulation 0
MACD is a popular momentum indicator that follows and captures trends to show the relationship of two (MAs) Moving Averages of prices. Created in the 1970s by Gerald Appel, MACD is usually calculated by minusing the 26-day EMA from a 12-day EMA (Exponential Moving Average). These MAs use the closing prices of the period being Read More

Is Stochastic A Good Indicator?

8 months ago forexsimulation 0
It would be best to understand a stochastic indicator if you are looking for a technical indicator with a high degree of accuracy. Stochastic is a good indicator because it is precise in determining momentum. Besides, you can easily master how to use it. First, you should find out the sole reason for creating the Read More