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Forex trading good use of top and bottom indicators
Say my commonly used indicators:
1. Macd is known as the king of indicators, mainly used in conjunction with the chart to see the top and bottom of the divergence, and to assist in determining the market trend. The parameters can be used by default. Figure 1
2. Ema144, mainly used here is the exponential moving average, because he reacted to the market the most agile, in the practical application of the 144 as a long and short dividing line. Figure 2
3. rsi, combined with Macd to assist in determining whether there is a possibility of reversal of the market. Figure 3.4
4. Bollinger 34, the main use of the Bollinger mid-rail with the 144 cross relationship to confirm the trend of the market, the upper and lower rails to confirm the number of pens inside the stalking theory. Fibonacci line, one is used to determine the target level of each section of the trend, as shown in Figure 6 for the recent gold 4-hour chart, the trend has broken through the second target level, the next target level is the third target level. The second is to see the retracement position, the following figure 7, we think the general retracement into 61.8 and 50 inside the range last.
All auxiliary indicators to see a single cycle strictly speaking the probability of rise and fall are fifty percent, to improve the correct rate, must be more cycles of multiple indicators **** vibration
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