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Hi
If you look at the chart of this trade you will see that there are 2 moving averages. The one is a smoother one and we refer to that as the slow moving average and the other follows the price more closely and we refer to that as the fast moving average. The fast moving average has a setting of 2 and the slow moving average has a setting of 5. It is a good strategy to exit when these moving averages cross when there has been a high volatility breakout (often driven by news)
expert4x 3 years ago
I have this question, what timeframe are you using and what are the moving average that you set up and that crossed?
uncletrumpet 3 years ago