Simply put, a forex signal is generated by a set of technical indicators used in forex trading (MACD, RSI, MA,..) which will give you a buy or sell recommendation.
A simple forex signal could be: I want to buy a currency pair if the 5 exponential moving average crosses the 50 simple moving average from below. If this conditions is met, I'm going to buy that currency pair. That's how most forex signals are generated. Hope this helps.
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Thread: What exactly is a Forex Signal?
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20-02-2019, 01:35 PM #1
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What exactly is a Forex Signal?
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22-02-2019, 04:52 PM #2
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Thanks for the info, I am really cleared about it from today.
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23-02-2019, 07:35 AM #3
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BPRIMES is the best broker for scalping. From the beginning of my trading career, I preferred scalping as my trading strategy. I suffered a lot with different brokers when I was trying to do scalp. After all the struggles with my profit making, I finally got my broker and I am very thankful for the broker to be like this. I really appreciate them as their main thing I liked is the lowest spreads in all major currency pairs.
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