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FX Markets provides detailed and multi-sourced analysis on the global FX industry so that you can make more informed trading decisions and improve your strategy development. Our reporters in London, New York and Hong Kong cover this important and complex market in the detail it deserves by offering you the exclusive news, features, profiles, data-driven articles and advisory columns. They specialise in four key areas of coverage: trading, infrastructure, tech and data, and eunic-brussels.eu
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Trading with the built-in LiteFinance terminal:
4 patterns out 5 are profitable. The strategy’s drawback is that you can wait for a pattern for quite a long period of time. It can take 2 or 3 months.
But if you launch the strategy on multiple currency pairs, this term of expectation is justified. Take swaps into account!
The strategy is referred to as a universal one, and it is often recommended as the best Forex strategy for consistent profits. It employs the standard MT4 indicators, EMAs (exponential moving averages), and Parabolic SAR that serves as a confirmation tool.
This is a trend strategy. Most sources suggest using it in different timeframes, including minute ones, but market noise lowers its efficiency in very short timeframes. It is better to use timeframes of You can trade any currency pair, but you may need to custom indicators’ settings.
Indicators used:
EMA with periods 5, 25, and (5) is red, (25) and (50) are yellow. Apply to – close (closing prices).
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