The majority successful technical trades apply a portfolio of technical indicators, and look for many consensus between them. focusing upon one trading indicator is really dangerous, and would not potential guide to satisfactory outputs. After lots of science , reading best basics at fx forums and testing with different methods , i have finally implemented a forecasting method based on Coffie V1 . A security is trending bullish if up line is trending above and above the down line. A foreign exchange trader using a filter still needs to incorporate specific short and long concepts, must indicate how many contracts to sell or buy and must determine where to set stops, etc.
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