Forex-MT4-Monster-MACD-EA
Moving Average Convergence/Divergence (MACD): What Is It? The relationship between two exponential moving averages (EMAs) of the price of a securities is displayed by the trend-following momentum indicator known as moving average convergence/divergence (MACD, or MAC-D). The 26-period EMA is subtracted from the 12-period EMA to calculate the MACD line.
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Forex mt4 Monster92 EA
Latest test done on GBPUSD H4. Check screenshot for results. Minimum Deposit $30 Uses MA cross over strategy to analyses M5 and H4 timeframe simultaneously. The indicator used : Slow MA 30 Fast MA 2
Money Management Uses Martingale — the lot size is multiplied after each loss trade. Holds trade for average of 3 hours and takes small loss to protect account. Very stable and not affected by slippage and network latency errors. The EA is very active in market places more than 8 orders per day with profit factor of 7 based on strategy tester.
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Forex Monster Price Action
Since candlestick charts show the open, high, low, and close values in the context of up or down sessions, they aid in the better visualization of price movements and are popular among traders.
Price activity can be graphically analyzed using candlestick patterns such the Harami cross, engulfing pattern, and three white soldiers. Many more candlestick formations can be created based on price activity to predict what will happen next. Other chart formats, such as point-and-figure charts, box charts, box plots, and others, can use the same forms.
Use on USDJPY D1 as seen on screenshots.
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