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The indicator Ribbon Study WMA, Pivot Points Indicator



EA Forex Indicator Pivot Points


Ochocki reversal of the market or Pivot Points are very widely used in intraday trading method of determining line reversal, as well as supports and resistances are very simple and fits in a few simple calculations.


this method consists in the fact that knowing some of the data for the previous trading day, we can calculate and build levels of support and resistance for today, and learn the market direction up or down for the day. Ochocki reversal of the market or Pivot Points are very widely used in intraday trading method of determining line reversal, as well as supports and resistances are very simple and fit in a few simple calculations.The method consists in the fact that knowing some of the data for the previous trading day, we can calculate and to build the levels of support and resistance for today, and learn the market direction up or down for the day.

While the price is below the pivot, the probability of falling remains high in the case of the break of the Pivot Point up the price falls under the upward momentum and Vice versa, while the market is above the turning point is likely to grow above reduction, and at the break of the Pivot downwards the pair is under pressure.


 

Method of calculating Pivot Points levels

PP = (High + Low + Close) / 3; The first support S1 = 2 * PP - High; The first resistance R1 = 2 * PP - Low; The second support S2 = PP - (R1 - S1); The second resistance R2 = PP + (R1 - S1); The third support S3 = Low - 2 * (High - PP); The third resistance R3 = High + 2* (PP - Low)s


download Forex Pivot Points Indicator here

 

Trading Advisor Indicator Ribbon Study WMA.


Technical indicator Ribbon WMA Study is based on the algorithm are rates last nine candles and divide this sum by the first candle moving average is classic trend indicator and built almost all of the trading system. They just show the trend, regardless of what market you trade in the stock or Forex moving average is always up to date, working with them every trader.


the Indicator Ribbon WMA Study is technical and trend indicator with which can be observed moving averages value such as ten, twenty-day, monthly and so on in a certain period in principle, the moving average values are used to determine the direction of the trend also takes into account the movement of the chart.


download Indicator Ribbon WMA Study here


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Warning about the risks of CFDs are leveraged products therefore have a high level of risk that may result in loss of total investment capital trading CFDs may not be suitable for all investors. Expert advisors are designed to provide trading advice but the final decision to accept you at your own risk developer advisors is not responsible for losses incurred due to the use of programs or additions thereto. You should not risk the means with which you are not willing to lose before trading please make sure that you understand the risks involved and take into account your level of experience if necessary, seek independent advice.

 

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