Trend following indicators in Meta Trader
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In this lecture, you will learn more about all the trend following indicators in Meta Trader.
The complete course will be launched by the end of January 2019!
The first indicator that you will get familiar with is the Average Directional Movement Index. This indicator Gives a signal when the positive DI crosses the negative DI. It is displayed in a separate window below the price.
The second indicator from the trend following indicators in this group is Bollinger Bands. It is displayed over the chart itself. It has a middle Moving average and two bands, which widen when there is volatility on the market.
The third indicator is called Envelopes. Another indicator over the chart. Here the 2 bands are keeping the same distance between each other with a deviation, and the middle Moving average is invisible.
The fourth indicator from the trend following indicators is the Ichimoku Kinko Hyo. It contains the cloud which plays the role of support and resistance. Also, there are the lines Tenkan-sen and Kiju-sen which make the indicator very colorful.
The fifth one is the Moving Average. One of the most common trend following indicators. It has four methods - simple, exponential, weighted, smoothed.
The sixth indicator is called the Parabolic SAR. It is displayed as dots over each candlestick, and it is used normally as an indicator to take profits.
The last from all trend-following indicators is the Standard Deviation. It is displayed as a line in a separate window below the price. The common period is 34.
These are the 7 trend following indicators in Meta Trader, and in this lecture, Petko Aleksandrov, Head Mentor at EA Forex Academy will introduce you with each one. You will learn the most important signals that each indicator gives, and how they can be used in trading.
For any questions, please write at our Forum:
https://eaforexacademy.com/forums/forum/general/
Get the course with a big discount here:
https://eaforexacademy.com/courses/metatrader-4-forex-platform-start-trading-with-pro-trader/
In this lecture, you will learn more about all the trend following indicators in Meta Trader.
The complete course will be launched by the end of January 2019!
The first indicator that you will get familiar with is the Average Directional Movement Index. This indicator Gives a signal when the positive DI crosses the negative DI. It is displayed in a separate window below the price.
The second indicator from the trend following indicators in this group is Bollinger Bands. It is displayed over the chart itself. It has a middle Moving average and two bands, which widen when there is volatility on the market.
The third indicator is called Envelopes. Another indicator over the chart. Here the 2 bands are keeping the same distance between each other with a deviation, and the middle Moving average is invisible.
The fourth indicator from the trend following indicators is the Ichimoku Kinko Hyo. It contains the cloud which plays the role of support and resistance. Also, there are the lines Tenkan-sen and Kiju-sen which make the indicator very colorful.
The fifth one is the Moving Average. One of the most common trend following indicators. It has four methods - simple, exponential, weighted, smoothed.
The sixth indicator is called the Parabolic SAR. It is displayed as dots over each candlestick, and it is used normally as an indicator to take profits.
The last from all trend-following indicators is the Standard Deviation. It is displayed as a line in a separate window below the price. The common period is 34.
These are the 7 trend following indicators in Meta Trader, and in this lecture, Petko Aleksandrov, Head Mentor at EA Forex Academy will introduce you with each one. You will learn the most important signals that each indicator gives, and how they can be used in trading.
For any questions, please write at our Forum:
https://eaforexacademy.com/forums/forum/general/
