There are no best parameters for MACD. Many people just use the standard: 12, 26, and 9. Mostly because they do not understand what it is calculating and how tuning the parameters affect the indicator. Of course there are others who do, but I am sticking to the majority. The question is, should you change[…]
If I study hard and learn as much about Forex as you can, why do I still fail and lose money?… There are so many tools available. Signals, robots, calendars, it seems endless. I’m just now trying to learn the Forex market and quite honestly I’m confused. Pretty good question. Let me give you a[…]
After 5 years of learning and studying indicators (approx 50 indicators), I feel I wasted my time, but I did found interesting discoveries which improved my learning curve and developing a trading system. Firstly, there is not much of a difference between indicators. Whether it is an indicator or an oscillator. Whether it is measuring[…]
There is no reliable volume indicator in spot forex which can be used for volume analysis. In forex futures trading, this is an easy matter because the exchange provides a record of daily volumes, but in forex spot markets, there is no centralised trading venue for market participants. Liquidity is provided by big institutions ([…]
