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Parabolic SAR

Sunday, October 15th, 2006

Another technical analysis indicator for forex trader is Parabolic SAR ,
basicly its use to determine the best time to enter or exit market. An intersection of the price with parabola is taken as signal to reserve the current trading position ( go from long to short)

To add this indicator, right click on chart: Indicators > Parabolic SAR, and make it default setting for best read this indicator

parabolic sar chart

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Moving Average (MA) Indicator

Friday, August 11th, 2006

Moving averageIf you want add Moving Average (MA) Indicator, just right click on chart graphic then click Indicator, now you can see Moving Average under Fibonacci Fan. Then Select Type, Period and Color, MA will appear under your chart.

And here is sample Moving Average with streamer.

About MA in Forex, Moving averages are one of the most commonly used technical tools. They follow the trend, smooth the normal fluctuations of the data, and clearly signal long and short positions to the investor.

This study displays moving averages as the normal crossover trading system. You may select up to three different averages.

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