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Death Cross is a template plugin, it is an important feature of the forex market in the fact that the price always moves to its mean. In this case to the EMA and then how to fit it is repelled from it. But if the price breaks one EMA, it usually goes to the next EMA, which is in this case 40-60 points.
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Description
Death Cross is a template plugin, it is an important feature of the forex market in the fact that the price always moves to its mean. In this case to the EMA and then how to fit it is repelled from it. But if the price breaks one EMA, it usually goes to the next EMA, which is in this case 40-60 points. But if the moving average EMA is also on some important Fibonacci retracement levels, you need to wait for confirmation indicator MACD.
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Usage
- Download the attachment.
- Copy it to your company VertexFX templates folder i.e. C:Program FilesCompany Nametemplates .
- Restart your Client Terminal to apply.
- The Template can be found by going to Technical Analysis Tab -> Templates.
Additional information
Plugin-Type | Client – Chart Template |
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Compatibility |
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