Introduction to the Extreme Spike Indicator The Extreme Spike Indicator is, as the name suggests, a forex trading tool that recognizes spikes in the market. This is a perfect indicator for reversal traders. A spike often indicates a turn-around moment. The best way to use that gauge is to apply it to your favourite trading…
Tag: spike indicators
RSI MA Indicator
Introduction to the RSI MA Indicator The RSI MA custom forex indicator that is based on the Relative Strength Index and the Moving Average, but it works in simillar way to an oscillator. That gauge usually takes only two values: zero and one. When the red signal line indicates 0 value, is means a bearish…