Var Moving Average is a forex trading indicator. The Var Moving Average indicator has made the trading job easier than ever. This indicator can be very rewarding for the disciplined swing traders. The Var moving Average is a trend following forex trading indicator. It is used to trade in a trending market conditions. You might not need any other technical indicators once you have Var Moving Average handy. Being able to trade in any time frame is another good aspect of this Var Moving Average indicator. The higher time frames you use higher will be your targets and stop loss. This indicator will give you opportunities to ride the trend till its end.
When you install Var Moving Average in your trading software, your chart should look like this:
- Var Moving Average
Var Moving Avearge is nothing more than a custom made moving average indicator. The graphical representation of this indicator makes us easier to make our trading decisions. When the Var Moving Avearge indicator is green, you should be looking for buying opportunities and when the Var Moving Average indicator is red, you should be looking for selling opportunities. However, do not run after the colors of the indicator alone, look for the trend of the market and follow it.
Buying Conditions Using Var Moving Average.
- Market should be up trending.
- The market should cross above the Var Moving Average.
- 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 crosses below the Var Moving Average.
Selling Conditions Using Var Moving Average.
- Market should be down trending.
- The market should cross below the Var Moving Average.
- 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 crosses above the Var Moving Average.
Download Free Forex Var Moving Average Indicator
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