THE NEXT STEP IS TO GO BACK TO YOUR CHART AGAIN AND REPEAT FROM STEP 1 TO STEP 4
SO AS TO BRING YOU TO THIS SAME INDICATORS PAGE AGAIN
SO AS TO BRING YOU TO THIS SAME INDICATORS PAGE AGAIN
WHEN IT BRINGS YOU BACK HERE AGAIN
CLICK ON THE MOVING AVERAGE FOR THE SECOND TIME.
CLICK ON THE MOVING AVERAGE FOR THE SECOND TIME.
AS U DO SO IT WOULD BRING U BACK TO THE SETTINGS PAGE OF THE MOVING AVERAGE.
WHEN IT BRINGS YOU BACK THERE
REMEMBER YOU INITIALLY TYPED IN "7"
DELETE THE "7" AND TYPE IN ""14""
WHEN IT BRINGS YOU BACK THERE
REMEMBER YOU INITIALLY TYPED IN "7"
DELETE THE "7" AND TYPE IN ""14""
AFTER YOU HAVE CHANGED THE COLOR TO A DIFFERENT COLOR
DON'T TAMPER WITH ANY OTHER SETTINGS AGAIN.
LEAVE THEM AT DEFAULT AND CLICK ON DONE ABOVE AS POINTED AT BY THE RED ARROW
DON'T TAMPER WITH ANY OTHER SETTINGS AGAIN.
LEAVE THEM AT DEFAULT AND CLICK ON DONE ABOVE AS POINTED AT BY THE RED ARROW
The basic principle u have to note in Moving Averages, is that they work well in Trending markets
A Trending market is one that it's either moving upwards or downwards...
Not just sideways
Not just sideways
Hence Moving average works well, in this type of market..
So that u can correctly use it.
Because u would see most traders saying that MA is not working for them, without knowing that they used it in a wrong market condition
So that u can correctly use it.
Because u would see most traders saying that MA is not working for them, without knowing that they used it in a wrong market condition
U should note that The smaller the period of a Moving Average, the faster it is to react to the price
After inputting your "7" period MA and the "14" period MA in your Chart with different colors
Also the larger the period of a Moving Average ,the slower it is to react to the price
So as u insert your MA to the Charts,
U watch and wait to see the time when the fast MA on your Chart (it depends on the one u added)..
So you watch and wait when the fast MA on your Chart crosses the Slower moving MA
U watch and wait to see the time when the fast MA on your Chart (it depends on the one u added)..
So you watch and wait when the fast MA on your Chart crosses the Slower moving MA
When you spot the 7 MA cross the 14 MA... U should note the direction of the cross
When you spot the 7 MA cross the 14 MA... U should note the direction of the cross
We are making money when a Currency pair is Falling and we are Selling