The Forex Guy

Meta Description:  SMA or Simple Moving Average is one of the most widely used technical indicators in forex trading. It is a lagging indicator, which means it smoothens out price action and can help identify trends. In this blog post, we will show you how to use SMA indicator in Fixed Time Trading on Olymp Trade Platform. Blog Post: 1. Go to "Indicators" under "Charts" on Olymp Trade Platform. 2. Select "SMA" from the list of available indicators. 3. Enter the parameters for the indicator - period, price field, apply to.  Period refers to the number of candlesticks used to calculate the moving average. Price field can be set to "Open", "Close", "High" or "Low".  Apply to can be set to "Main Chart" or "Overlay". 4. Click "OK" to apply the indicator to your chart. 5. You will see the SMA indicator appear on your chart. Generally, if price is above the SMA, it indicates an uptrend. If p...

  Meta Description: The WMA indicator is a very popular tool among forex traders and fixed time traders. It is a simple yet effective way to measure market momentum. In this blog post, we will explain how to use the WMA indicator in Fixed Time Trading on the Olymp Trade Platform. Blog Post: The WMA indicator is a very popular tool among forex traders and fixed time traders. It is a simple yet effective way to measure market momentum. The WMA indicator is composed of two moving averages, one with a shorter period and one with a longer period. The crossover of these two moving averages indicates a change in market momentum. There are three main ways to use the WMA indicator in Fixed Time Trading on the Olymp Trade Platform: As a trend following indicator  As a support and resistance indicator As a momentum indicator 1) As a trend following indicator: The best way to use the WMA indicator as a trend following indicator is to wait for the crossover of the two moving averages...