Spaghetti FX is an indicator synthesized from two types of moving averages: fast and slow. It is very important to emphasize that these indicators are not redrawn and are based on a single currency and a single timeframe, so they can be easily verified. Forex indicator Spaghetti FX has 4 components: Red Line (Fast MAs) - displays the spread of 08/01/ · The Forex MACD Spaghetti Indicator is an excellent technical indicator for short-term and medium-term trading (scalping, day trading). Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a SpaghettiFX free indicator. SpaghettiFX – indicators by pimpmyea team. This MT5 indicator show data computed from multiple MA (moving averages) applied to a single currency pair and a single timef rame. SpaghettiFX works on any f inancial instruments available on MT4 and on any timef rame. The “Signal” indicator suggests a simple and
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forexguru 8 Comments. It is critical for Day traders to know which currencies are strong and which one are weak when trading the Forex market. This strength or weaknesses could be as result of short term demand and supply but can also be caused by economic announcement results. When placing a trade in the Forex market one should realise that you are actually doing 2 transactions at the same time.
So when you sell the EURUSD for instance I am actually selling the EUR and buying the USD at the same time. If you are looking for reasonable moves in the market then focus on the very strong currencies and on the weakest currencies. Always always try to BUY the stronger and SELL the weaker currencies. That way you get the economic fundamentals working in your favour and you know you are always trading with in the direction of a strong trend. The market is basically telling me the way it wants to be traded using this approach.
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