02/01/2021
Extra indicators = Extra confirmation!
EMA: The exponential moving average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock or commodity) over time. The moving averages place a greater weight and significance on the most recent data points.
HMA: The hull moving averages formula is really simple, to be honest, but this is the secret sauce that makes it work mathematically, as well as outputting a moving average.
RSI: It is a momentum oscillator that measures the speed and change of price movements. RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the security.
ATR: It is a volatility indicator that shows how much an asset moves, on average, during a given time frame. The indicator can help day traders confirm when they might want to initiate a trade, and it can be used to determine the placement of a stop-loss order.
SCHAFF: Schaff Trend Cycle is a charting indicator used to help spot buy and sell points in the forex market. the indicator turns into a straight line (which only happens in its uppermost and lowermost points), the asset is either overbought — when above the 75 line, or oversold — when below the 25 line. In both cases, a trend reversal can be expected, but no exact timeline is provided.
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