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GFM Analyst 01 - Price Action & EMAs
This indicator will help in identifying trends. It is using the historic price action to determine the Buy and Sell signals.
Also we have used the Exponential Moving Averages on a daily timeframe (resolution/period). This will help is eradicate any false signals.
Yellow Line = Fast Exponential Moving Average
Red Line = Slow Exponential Moving Average
On a shorter timeframe, one should ignore short signals, if the price is moving above these two EMA's and similarly ignore long signals, if the price is moving below these two EMA's.
Also we have used the Exponential Moving Averages on a daily timeframe (resolution/period). This will help is eradicate any false signals.
Yellow Line = Fast Exponential Moving Average
Red Line = Slow Exponential Moving Average
On a shorter timeframe, one should ignore short signals, if the price is moving above these two EMA's and similarly ignore long signals, if the price is moving below these two EMA's.
Penafian
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