This is BigPips Trades free BigPips Stochastic EMA200 Trend Indicator which shows traders the direction of the market using Stochastic Oscillator, EMA200 and EMA fast and slow moving Average indicators.
3 Ways to use the BigPips Stochastic EMA200 Trend Indicator
- This indicator may be integrated as part of a Strategy EA.
- Used to help Traders understand the Trend and direction in various Timeframes.
- Help Traders understand the Movement of the market in a generally better way.
Best way to use
- Best way to use the BigPips Stochastic EMA200 Trend Indicator is to observe the trend direction in Various Timeframes.
- Then the Pattern in The market becomes much clearer.
- The accuracy of the trend direction arrows may be evident in some time frames and not others.
Risk Mitigation or Reduction
- The indicator arrows show potential trade opportunities but is not intended to be used to take every single trades.
- This is not a complete Trading system and not every signal should be traded.
- Last but not least Traders must observe when the indicators arrows are showing trading opportunity against the trend.
- This is usually an indication that a change in Trend direction is imminent.