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How many indicators have you been using to confirm a possible trend formation?
over 2 years ago
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In my case, I use two indicators (MACD and RSI) to confirm a possible trend formation. If you want to know how to use these two indicators, check out the School of Pipsology section at www.babypips.com.
over 2 years ago
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Answers (2)
I use the EMA20 and EMA50 to check if a new trend or a reversal is brewing for a particular pair. Drawing trendlines are also helpful for me since these allow me to tell whether the price movement is keeping with the trend or starting to break out.
over 2 years ago
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I’m currently using three indicators plus three different time frames for confirmation.
over 2 years ago
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ForexEA
I propose you to download FX Pulse that has built-in trend detector for multiply time frames and real-time Forex News Reader. Download MT4 indicator FX Pulse at http://pipburner.com/free-forex-tra...
6 months ago
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