Using Two Indicators Crossover as an Entry Condition in Forex Trading
Forex Education : Using Two Indicators Crossover as an Entry Condition in Forex Trading
Crossover of two Momentum indicators
Let’s assume we want to enter the market when two Momentum indicators cross each other. We’ll use: Fast Momentum (10) and Slow Momentum (20)
The formula we use for calculating the Momentum indicator is as follows:
Momentum(10) = Price – [...]