Yes, offcourse. But after much study/review there does seem to be a "maxima" - the maxima varying from time to time. Is there any indicator which reasonably clearly shows wheter the price is likely to continue increasing/descreasing still?
Not financial advice. For testing purposes only. Do not use on live account
{quote} Yes, offcourse. But after much study/review there does seem to be a "maxima" - the maxima varying from time to time. Is there any indicator which reasonably clearly shows wheter the price is likely to continue increasing/descreasing still?
Ignored
Imo, these are indicators showing changes in supply and demand or volume of trades..Have you tried accumulation/distribution index?
You need a true Daily and weekly avarage calculations and Strength indicators based on corellation to predict that
Like this one.. Strength , Speed (volatilty) moving the pair. If there is not enough distance doesnt matter it will hit on the wall. So you need to know how much pair moving in a day and in a week. It will change your results dramatically
