Trading the Forex Using Automated Systems

The ForexTeam continues a series of the Forex trend indicator videos (see ADX Indicator) with the EMA 200 indicator. 200 is the period of the Exponential Moving Average used to determine the long-term trends of the currency pairs. If applied on the daily chart EMA with period of 200 will show approximately the average price line over the year’s period. Watch both videos to get more technical and fundamental background behind this trend indicator, as well as some interesting chart examples.

Posted on Forex Video Zone.
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