The Momentum indicator has always been regarded as an excellent gauge of the market strength. Visually, it represents a curve, the fluctuations of which make it possible to predict the moment of a trend reversal. ๐ โคด๏ธ
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
โ ๏ธ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
โข Momentum + Envelopes
โข Momentum + MA
โญ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
โ ๏ธ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
โข Momentum + Envelopes
โข Momentum + MA
โญ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
๐ฆ๐บ The Australian dollar is an ideal asset for intraday or medium-term trading, but not for scalping: speculation on the Aussie requires special caution, but it can also be very profitable with strict money management.
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
๐ AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
๐ Here you can find more info on AUD: https://bit.ly/3cecLlh
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
๐ AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
๐ Here you can find more info on AUD: https://bit.ly/3cecLlh
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Enjoy falling prices on our website and learn how to deal with the Forex ones! ๐
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Enjoy falling prices on our website and learn how to deal with the Forex ones! ๐
๐ Don't forget to use a special coupon for +10% off: AUTUMNFTTG2020
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HAPPY WEDNESDAY! ๐คฉ๐ฅ
Hurry up to get an additional 10% discount on any product on the website: https://bit.ly/3b1LYIu
โจYour magic coupon code is WEDFTNESS2309
The offer is valid for 24 hours!
Hurry up to get an additional 10% discount on any product on the website: https://bit.ly/3b1LYIu
โจYour magic coupon code is WEDFTNESS2309
The offer is valid for 24 hours!
Hey guys! What do you think about having a call with us?
We would like to get to know you better and learn about your experience with Forex Tester. Help us to become the best for you!
You, in turn, can ask us about any Forex Tester capability and get a detailed answer. In gratitude for the time spent, you will also receive a special discount on any product you want!
We would like to get to know you better and learn about your experience with Forex Tester. Help us to become the best for you!
You, in turn, can ask us about any Forex Tester capability and get a detailed answer. In gratitude for the time spent, you will also receive a special discount on any product you want!
The Accumulation/Distribution indicator is actively used in both stock and currency markets to confirm price changes by measuring the relevant trading volume.
โ ๏ธ The main problem of the indicator is the incorrect accounting of price gaps. A few gaps in a row cause a significant error in the calculations.
The A/D indicator can be useful in the following cases:
๐ธ ๐ง๐ฟ๐ฒ๐ป๐ฑ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: a bullish trend should be accompanied by an increase in the A/D line, while bearish, with a decrease.
๐ธ ๐ฆ๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ณ๐ผ๐ฟ ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐ฐ ๐ฝ๐ฎ๐๐๐ฒ๐ฟ๐ป๐: ยซTriangleยป or ยซDouble Top-Bottomยป, MA breakdown or trend line.
๐ธ ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ: bullish โ deals for sale, bearish โ deals for purchase.
The A/D indicator is not suitable as a separate trading tool. We recommend using A/D with RSI โ both indicators don't have an averaging mechanism in their calculations, and such a system gives signals as quickly as possible. The combination of A/D and Awesome Oscillator is also possible.
Read the ๐ณ๐๐น๐น ๐ฎ๐ฟ๐๐ถ๐ฐ๐น๐ฒ on A/D: https://bit.ly/3lOkNVr
โ ๏ธ The main problem of the indicator is the incorrect accounting of price gaps. A few gaps in a row cause a significant error in the calculations.
The A/D indicator can be useful in the following cases:
๐ธ ๐ง๐ฟ๐ฒ๐ป๐ฑ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: a bullish trend should be accompanied by an increase in the A/D line, while bearish, with a decrease.
๐ธ ๐ฆ๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ณ๐ผ๐ฟ ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐ฐ ๐ฝ๐ฎ๐๐๐ฒ๐ฟ๐ป๐: ยซTriangleยป or ยซDouble Top-Bottomยป, MA breakdown or trend line.
๐ธ ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ: bullish โ deals for sale, bearish โ deals for purchase.
The A/D indicator is not suitable as a separate trading tool. We recommend using A/D with RSI โ both indicators don't have an averaging mechanism in their calculations, and such a system gives signals as quickly as possible. The combination of A/D and Awesome Oscillator is also possible.
Read the ๐ณ๐๐น๐น ๐ฎ๐ฟ๐๐ถ๐ฐ๐น๐ฒ on A/D: https://bit.ly/3lOkNVr
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Let the candles light up your path full of market tricks and point out where the real treat is! ๐ญ๐ฌ
If youโre on the hunt for some spooktacular offers, weโve got what you want โ the Halloween sale on our website https://bit.ly/3jGSUNE ! ๐ Get an additional 10% off using the coupon code ยซBOOTGSALE666ยป and save even more on the backtesting software, historical data, upgrades and bundles!
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Great news for our Spanish-speaking friends!
On November 9 at 18:00 CET (GMT+01:00), Codigo Trading Academy, together with the Forex Tester team, will hold a FREE webinar "How to test strategies using Forex Tester 4".
The webinar in Spanish will be moderated by our good partner, experienced trader and trainer David Potau. He will tell you about numerous exciting tricks and real cases. The webinar will be useful for traders of all levels, regardless of whether they have already encountered Forex Tester.
During the webinar, we will discuss the following questions:
- How to set up the Forex Tester 4 software
- How to download historical data
- How to prepare for accurate market simulation
- Mistakes that are important to avoid
- Backtesting data analysis
Besides, webinar participants will receive GIFTS and DISCOUNTS from Forex Tester.
Follow the link and register for the webinar
https://bit.ly/2GvOxHT
On November 9 at 18:00 CET (GMT+01:00), Codigo Trading Academy, together with the Forex Tester team, will hold a FREE webinar "How to test strategies using Forex Tester 4".
The webinar in Spanish will be moderated by our good partner, experienced trader and trainer David Potau. He will tell you about numerous exciting tricks and real cases. The webinar will be useful for traders of all levels, regardless of whether they have already encountered Forex Tester.
During the webinar, we will discuss the following questions:
- How to set up the Forex Tester 4 software
- How to download historical data
- How to prepare for accurate market simulation
- Mistakes that are important to avoid
- Backtesting data analysis
Besides, webinar participants will receive GIFTS and DISCOUNTS from Forex Tester.
Follow the link and register for the webinar
https://bit.ly/2GvOxHT
Forex Tester Online. Backtesting Software pinned ยซGreat news for our Spanish-speaking friends! On November 9 at 18:00 CET (GMT+01:00), Codigo Trading Academy, together with the Forex Tester team, will hold a FREE webinar "How to test strategies using Forex Tester 4". The webinar in Spanish will be moderatedโฆยป
Don't miss this cool chance! ๐ฅ
Register for a free webinar by Cรณdigo Trading if you haven't already: https://bit.ly/2GvOxHT ๐
Learn how to backtest effectively in Forex Tester 4. All that with real-life examples from a competent trader David Potau.
๐ The webinar will take place today at 18:00 CET.
Register for a free webinar by Cรณdigo Trading if you haven't already: https://bit.ly/2GvOxHT ๐
Learn how to backtest effectively in Forex Tester 4. All that with real-life examples from a competent trader David Potau.
๐ The webinar will take place today at 18:00 CET.
With Global Shopping Day coming up, we're giving you the opportunity to save money on backtesting software, historical data and bundles: https://bit.ly/3eTjnqw ๐๏ธ
Just from November 10 to November 13 โ don't miss itโ
๐ Please note: by using a special coupon code FTSHOPPINGTG11, you can increase the current website discounts by 10% more!
Your education and practice today is an investment in the future. ๐
Just from November 10 to November 13 โ don't miss itโ
๐ Please note: by using a special coupon code FTSHOPPINGTG11, you can increase the current website discounts by 10% more!
Your education and practice today is an investment in the future. ๐