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Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

August 24, 2021

Newcomers to the forex market often experiment with new techniques and methods to generate profits a

#3 Proven Forex Trading Methods That Work

#3 Proven Forex Trading Methods That Work

June 23, 2021

Intro. Will $500 a day change your life? А 1000$ ? Many people dream of getting that kind of money

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

May 27, 2021

Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

FX Gold MA compares the current price in a special way with the price of each bar from the entire history you specified.

Next, it assigns a weight to each resulting value: from the smaller for the old bars to the larger for the new ones.

After that, it builds a line based on the arithmetic mean.

  • the channel is recommended to be used on hourly timeframes and higher;
  • it is better to play inside the channel outside of sessions;
  • you should pay attention to the general direction of MA;
  • the channel is well used for placing and moving orders.

  • Number of Analyzed Bars – the number of bars to analyze (to calculate each value of the curve);
  • Length of the Curve – the length of the curve on the graph;
  • Show Channel – “true”- build and display the channel, “false”- the channel is turned off.

For calculations, the indicator uses only closed bars, so it does not“redraw”.

Despite the fact that the indicator code contains a cycle that runs on each bar from the history, the indicator works very quickly, since all calculations are performed only at the time of opening a new bar.

Good luck, my friends!

Key Features of Algorithmic Trading Software

17 April 2014


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