11-10-2007, 10:36 AM
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Freshman
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Join Date: Nov 2007
Posts: 2
Thanks: 5
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There are many ways to use a moving average indicator. The basic concept for this is to buy on the up arrow and sell on the down arrow. However based on the settings and strategy you use, you could also sell on the up arrow and buy on the down arrow.
A solid trading plan based on your personality and style with emphasis on money management is recommended. If you are unfamiliar with building a trading plan, study some of the books by Van K. Tharp
Also, I found the indicator with alarm function which is great at: http://www.fxfisherman.com/forums/forex-metatrader/indicators/1857-ema-touch.html
Many thanks to scorpion for building it.
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