EA Golden Elephant

Trend trading indicators are based on various mathematical and statistical approaches to identify and confirm the current direction of the market trend. Here are several types of indicators that are often used to evaluate a trend:

• Moving Averages: Basics: Trend indicators such as the simple moving average (SMA) or exponential moving average (EMA) calculate the average price of an asset over a period of time. They help to identify the general direction of price movement.
• Directional Movement Index (DMI): Basics: DMI measures the strength and direction of a trend. Includes plus-DMI (shows the strength of an uptrend), minus-DMI (shows the strength of a downtrend) and ADX (shows the overall strength of a trend).
• Parabolic SAR: Basics: SAR provides points that can indicate a change in trend direction. At the same time, they are located above or below the current price, depending on the direction of the trend.
• Relative Strength Index (RSI): Basics: RSI measures the speed and change of prices, signaling when an asset is becoming overbought or oversold. This can help determine the strength and sustainability of a trend.
• MACD (Moving Average Convergence Divergence): Basics: MACD compares two exponential moving averages to determine the strength and direction of a trend. Includes a signal line that confirms the direction of the trend.
• Ichimoku Kinko Hyo:Baseline: This indicator provides comprehensive trend information including cloud, base line and periodic line. It can be used to determine the strength and direction of a trend.
• Trend Lines and Channels: Basics: Drawing trend lines and channels on a chart is also a method of determining the direction of a trend. Continued movement within the channel can signal the strength of the trend.

Recommended pairs for trading EURUSD/GBPUSD/XAUUSD/USDCAD/NZDUSD/AUDUSD/EURJPY/

Timeframe M30 – H1

Minimum account balance $1000 (per pair)

Lot calculation 0.01 lot for every $1000 deposit

Minimum spread

EAQLAB | EA Golden Elephant

299.00 USDT

15 Activations

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