One more very popular indicator is Moving Average which task is to calculate average price for a certain period and to build the line according to these indications. It is placed in the section Indicators - TrendÂ
it looks as following:
Settings of the indicator:
The essence of the indicator is in determining future direction of a trend. The more number of bars you will set, the smoother will be the line of the indicator. For example, on time frame N1 we will choose the period 50.
If the price is above the line of the indicator, then we will observe only Buy,
and if lower the line, only Sell. For more exact entrance of Moving Average it is better to use itwith the oscillator, as shown at the pic below. We wish you high profit.