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Moving Average RAINBOW

Forex traders use moving averages for different reasons. Some use them as their primary analytical tool, while others simply use them as a confidence builder to back up their investment decisions. In this section, we'll present a few different types of strategies - incorporating them into your trading style is up to you!

A technique used in technical analysis to identify changing trends. It is created by placing a large number of moving averages onto the same chart. When all the averages are moving in the same direction, the trend is said to be strong. Reversals are confirmed when the averages crossover and head in the opposite direction.

Matthew Todorovski
Matthew Todorovski 2018.06.30 14:47 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
Tim Eubanks 2018.03.21 03:14 

Useful rainbow indicator

Gennadiy Voltornist
Gennadiy Voltornist 2017.05.26 21:03 

User didn't leave any comment to the rating

Maksym Mudrakov
Maksym Mudrakov 2016.08.30 17:38 

User didn't leave any comment to the rating

tavoupat 2015.08.17 19:34 

Hello I found this wonderful indicator but the problem is that frieze me and slowed my platform I need your help

thank you

Plamen Ivanov
Plamen Ivanov 2015.02.01 19:40 

User didn't leave any comment to the rating