Buy Sell Signal is a powerful VertexFX client side VTL indicator, based on the Simple Moving Average (SMA), Exponential Moving Average (EMA), Relative Vigor Index (RVI) and Moving Average Convergence Divergence (MACD) indicators that provides precise BUY or SELL signals.
This indicator provides three types of BUY and SELL signals. The first type of signal, is based on the SMA and EMA crossover. The second type of signal, is based on the MACD crossover, and the third type of signal is, when both the first type and second type of signals occur concurrently. The advantage of this indicator is that, it is based on the probability of two trend-following signals. When both the trend following signals are triggered on the same candle, (or at near proximity to each other) this is a double confirmation of the strength of the trend, and market direction
In the first step we calculate the 16-bar SMA, and the 9-bar EMA.
In the next step, we calculate the MACD based on 12-bar (Fast Period), and 26-bar (Slow Period), and 9-bar (Signal Period) values.
In the first type of signal, a BUY signal is generated, when the EMA crosses above the SMA, and a SELL signal is generated when the EMA crosses below the SMA .
In the second type of signal, a BUY signal is generated when the MACD main crosses above the MACD signal line, and a SELL signal is generated when the MACD main crosses below the MACD signal line.
Finally, when both signals of the same type occurr on the same candle, the combined Buy Sell Indicators signal is generated.
Buy: Placr BUY position when indicator generates Green Buy arrow. Do not place trade, if candle has gap up opening.
Sell: Place SELL position when indicator generates RED sell arrow. Do not place
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03-08-2016, 09:44 AM #1
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Buy sell signal - vertexfx indicator
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25-11-2020, 08:56 PM #2
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Picking a broker is imperative on the grounds that by picking the correct broker course will give arrangements with respect to solace to traders. For the time being, many brokers that we can utilize and one of the correct broker is Forex4you with great regulated from the well known directions body. I like their educational resources and customer support as well. They also provide a wide range of trading services.
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26-11-2020, 04:05 AM #3
Brokerage is an important factor that traders must pay attention to properly, this is necessary so that traders can be maximized in carrying out trading activities that are in line with expectations while on a real account with Tickmill.
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28-11-2020, 11:06 AM #4
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Demo trading is simply to know how the trading component functions. Step by step instructions to open and close a trade. The most effective method to utilize MT4 for trading. Be that as it may, the genuine learning starts when you begin to trade with genuine cash. Trading with genuine cash includes feelings that reason a large portion of the mix-up.
You can likewise utilize demo to test your trading methodology. I am currently trading with TP Global FX broker. They have amazing educational resources on forex trading psychology. It helped me a lot. I also like their instant withdrawal and deposit facilities.
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02-12-2020, 04:59 AM #5
Existing demo accounts and educational programs must be able to be well cared for, this is needed and necessary so that traders can be more optimal in carrying out trading activities that are in line with expectations while on a real account with Tickmill.
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