login.php?sid=0a3c242218ec49b3421a48093fce7480 profile.php?mode=register&sid=0a3c242218ec49b3421a48093fce7480 faq.php?sid=0a3c242218ec49b3421a48093fce7480 memberlist.php?sid=0a3c242218ec49b3421a48093fce7480 search.php?sid=0a3c242218ec49b3421a48093fce7480 index.php?sid=0a3c242218ec49b3421a48093fce7480

ATTOCK CITY Forum Index » Suggestions - Feedback - Support & Demands about Site. » Momentum indicator
Post new topic  Reply to topic View previous topic :: View next topic 
Momentum indicator
PostPosted: Wed Feb 06, 2019 5:48 am Reply with quote
Joined: 06 Feb 2019
Posts: 1

Confirmator Candle Doji
, the Doji candle can show trend forward signals as well as trend reversals. For that, you need to use another confirmation beside waiting for the third candle. So, what indicators can be used as the confirmation of this Doji candle?

1. Momentum indicator

The first Doji candle confirmation that you can use to ensure the direction of trend movement is the Moving Average Convergence Divergence (MACD) indicator. The MACD indicator is used to determine the momentum strength of a trend, so you can predict where the price will move next, whether it will continue (trend continuation) or experience a price reversal.

The use of the MACD indicator is marked by two lines EMA (Exponential Moving Average) with 12 (fast length) and 26 (slow length) periods. The space formed by two EMA lines shows the volume on the histogram. The bars on the histogram show the momentum of price momentum in the market.
شركات الفوركس المرخصة
When new trends form in the market, the MACD area on the histogram appears short but getting bigger. The peak trend occurs when market power is fully charged and marked by the MACD histogram bar that appears the longest. Whereas the signs of market momentum began to weaken can be seen from the length of the stem which is getting shorter on the histogram. As the market prepares to switch positions, the MACD area starts to slope and looks smaller. In the end, the histogram pattern will repeat the same cycle in the opposite area.
التداول بالعملات الاجنبية forex
So, how can the MACD indicator be used as a confirmation of the Doji candle? Usually, the Doji candle that appears when the momentum of the MACD indicator strengthens, signifies a reversal.
View user's profile Find all posts by doaausef3li Send private message
Momentum indicator
ATTOCK CITY Forum Index » Suggestions - Feedback - Support & Demands about Site.
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum
All times are GMT + 5 Hours  
Page 1 of 1  

 Post new topic  Reply to topic  

Attock City

Powered by phpBB © 2001-2004 phpBB Group
phpBB Style by Vjacheslav Trushkin

Hosted by ForumCity