Showing posts with label Moving Average. Show all posts
Showing posts with label Moving Average. Show all posts

Sunday

5M on 60LWMA



Here i explain the 60 LWMA 5M scalping method:
The 60 LWMA breaks and retest the 60MA line, on the next candle confirmation of the direction we enter.
The SL is the last two candles that broke the line but no more than 20 pips, TP min is 30 pips or a clesr reserval candlestick sign. so we have a risk reward of 1 : 1,5
The reserval sign maybe the change of the color of the OSMA indicator, that depends on the strange with the time you will get the feeling when to leave the trade.

5M on 60LWMA

Tuesday

Multi Moving Average

You can change the input parameters in the Indicator Properties window for any of the moving averages:
* Averaging Period (period).
* Averaging Method (ma_method).
* The price type used for calculation (applied_price).
and many options for text labels: