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Recommended time frame H1 and above. You might need to combine with other indicators to confirm each other for better result. And I think it will be the best on Daily chart. Basically,it is a Moving Average Crossover in the chart separate window.
Thank you my friend Ugur Cetin which has sent the system. This is a great trading system. For my beloved readers you download through the lik below and happy trading. Hope that you gain the profit using this system. Moving averages provide important information regarding the direction of a market. They were created to provide directional information, smoothing out the zigs and zags of a trend.
Their use has become much more predominant with the advance of computer software. Their applications, along with candlestick signals, provide a very strong profitable trading format. As with all other technical indicators, MAs have a relevance when correlated to price movement. How the moving averages are utilized can make a big difference between moderate returns and highly profitable returns. Trading techniques, using moving averages, provide improved entry and exit strategies. The most common use is when the relevant moving averages cross.
The feasibility of using MAs “crossing” apparently has some relevance or it would not be widely known as one of their useful aspects. However, the benefits of moving avenges become greatly diminished if “crossings” are the only application used. The accuracy of the crossing analysis is moderately successful. However, there are many technical evaluations that are moderately successful. The exponential moving average has become more popular in recent years due to the quicker calculations computer software provides. Simple moving averages work very well, providing the information required to successfully trading candlestick signals. Money managers, as well as a majority of technical investors, use the simple moving average.