Var Moving Average V2 is a forex trading indicator. Var Moving Average V2 is the very dynamic form of movig average. The algorithms used in this forex trading indicator are coded in such a way that the indicator generates very powerful signals for trading. Since the Var Moving Average V2 is a moving average based forex trading indicator it obviously is a trend following forex trading system. The Var moving average v2 is a very flexible forex trading indicator regarding the time frame. You can use as small time frame as 5-minute and as big as daily time frame. Time Var Moving Aveage V2 is also flexible regarding the financial instruments it can be traded with. You can trade almost every forex pairs with this trading system.
When you install Var Moving Average V2 in your trading platform, your chart should look like this:
- Var Moving Average V2
Var Moving Average V2 consists of pink and blue dots which are joined by lines. When these dots are blue it indicates bullish market conditions and when the dots are pink it indicates bearish market conditions. When the market is above this indicator you should be buying and when the market is below the indicator, you should be selling.
Buying Conditions Using Var Moving Avearge V2.
- Market should be up trending.
- Market should be bouncing from the recent swing low.
- Market should cross above the Var moving average v2
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the market breaks below the Var Moving Average V2.
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Selling Conditions Using Var Moving Average V2.
- Market should be down trending.
- Market should be pulling back from the recent swing high.
- Market should cross below the Var moving average v2
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the market breaks above the Var Moving Average V2.
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