Latrobe, Pennsylvania – In an effort to help traders identify when price swings are most likely to occur, Trading Strategy Guides has released a new moving cross indicator. The company, which has long been recognized for its innovative technical indicators, firmly believes that while this indicator is easy to use, it also possesses a high predictive value.
The Moving Cross Indicator, like many of today’s top technical indicators, is centered on the use of multiple moving averages. As soon as one moving average crosses over the other, a trader will be notified and will have an opportunity to open or close their positions accordingly.
The indicator, which is available on both MetaTrader 4 and MetaTrader 5, falls within the broader category of momentum technical indicators. These indicators are especially useful for day traders and other short term traders who are risk-tolerant and want to enter potentially profitable positions as early as they possibly can.
Like many of the other technical indicators that Trading Strategy Guides has developed, access to the Moving Cross Indicator is currently available for free. The indicator itself involves a traditional candlestick chart, along with multiple moving averages plotted over time.
The moving averages in use can be adjusted for a trader’s specific trading goals and current level of risk tolerance. The notification system takes place in real-time, which helps increase the likelihood that traders will be able to execute successful positions.
TSG’s release of a new indicator is far from surprising, though it is one that is certainly welcomed by the broader trading community. The company consistently works to provide a wide spectrum of technical indicators in order to offer its clients a lasting trading advantage. There are currently several other technical indicators and trading systems being developed, many of which will be released in 2020.
Company Name: Trading Strategy Guides
Contact Person: Casey Stubbs
Email: Send Email
Phone: (724) 374-8352
Address:816 Ligonier Street #405
Country: United States