i'm mebi from indonesia...
i'm looking for daily indicator that indicate trend signal.... and sideways signal too ( for stopping me to trade at that signal )
i trade like this :
i only trade GU
i only trade once a day
TP 50 pips only...
usually i used parabolic sar ( sett : 0.085/0.55 )for daily trend.. but it sometimes gives me a false signal. And make me loss my money
i set my Op by +/- 20 pips from Open price.
is there anyone can give me a good daily trend indicator ?
thx for your attention...
You need to use a multiple moving average method, it will show you the trend daily, show you consolidation and an all out dont trade mess..
go here and when you down load only attach the 11 ema's, you will see how easy it is to read the market, its a god sent! happy trading
Make Money With This Forex Trading System
thanks a lot bro
Iam new to trading and just now starting on charting
anybody who can help me out on daily trend indicator with buy sell signals