Forex Wiki Trading > FX Ind > Daily trend ZCOMForex

Daily trend ZCOMForex

  • June 16, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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Daily trend ZCOMForex
Author: suirad (2011.01.05 09:16)
Downloaded: 4763
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Daily trend ZCOMForex 1
 ZCOMForex daily trend.mq4 (12.2 Kb) View
Description:

A very useful indicator to show trend of 4 currency pairs on your charts. For more information and forex trading visit ZCOM Forex.

Daily trend ZCOMForex 2 Daily trend ZCOMForex 3You will be able to choose 4 currency pairs to show daily trend.

Trend is determined by these indicators:

Smoothed Moving Average (100) of H1 chart;

Smoothed Moving Average (50) of H1 chart;

Stochastic (30,1,3) of H4 chart.

The trend is Down when SMA(50) < SMA(100) and Stochastic is below 50 level. The trend is Up when SMA(50) > SMA(100) and Stochastic is above 50 level. There is a Flat determined when SMA(50) > SMA(100) and Stochastic is below 50 level and vice versa.

Image:

Daily trend ZCOMForex 4

For more information and forex trading visit ZCOM Forex.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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