Quote:
Originally Posted by c0w
masemus,
Hello! I am new here and I have a question (its open to anyone to answer) in regards to your template bs_simple, I am new to forex technical analysis I admit, but I am learning.
What is this sma line that at this link ( MySIMPLE trading system) you indicate to watch?
Also I am guessing pink means sell and indigo (that light blue color) means buy right?
What does "Daily av" mean? Is that the price high?
What does "Current" mean?
What does "To OP" mean?
Do you think you could add a display to indicate the numerical RSI?
your system is very GOOD! I have learned allot by studying it, I just need little more help understanding! Please keep up the good work!
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Hi c0w,
that indicator is using Moving average to indicate the market, sma is simple moving average wich i use to indicate the signal & trend.
yup, DeepPink color = down/sell signal, & DodgerBlue color = up/buy signal.
Daily Av = Daily Average = Daily Range
Current = Current Average = Current Range = High to Low today
To OP = Pips to Open = price move distance price @ open market today
about display a numerical RSI? thats a good idea, maybe someone can help it.
Thanks,