Pivot and moving average method - MT4/MT5 resources
I want to introduce a very simple system. We will trade based on moving averages and pivots.
We use three period moving averages of 15, 30 and 60.
If the moving average is colored blue, red, and green, the moving average is trending downward.
If the blue, red and green moving averages are below the uptrend.
We will trade between pivot points in the direction of the moving averages.
You’ll understand just by looking at the picture.
The problem I am serving.
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Pivot and moving average method usage and screening suggestions
The pivot method and moving average method (pivot and moving average method) are foreign exchange EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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