logo |


    Your location: Home >  Forum  >  EA  >  Content details
    Hong Kong
    EA Reversal Implementation 2

    Volume Divergence
    i) The indicator should have a smoothing aspect to filter out the noise within the volume movements.
    ii) Ideally, you want the indicator to plot the divergence (hidden or classical) for you, but if not, you can visualise yourself.

    Trend Divergence
    i) This indicator should be based upon a wave analysis of the price action movement. Price Action within markets typically follow a cyclical pattern (not all of the time of course).

    Trend Bias
    i) Ideally a zero-lag, or lag reduced, trend indicator that gives a fast indication of where the current trend in the market is. It's not so important that this indicator is correct 100% of the time - only used as an additional filter.

    Price vs MA
    i) Current position of price (i.e. above/below) with respect to a predefined moving average. We have found success using LWMA with periods ranging from 26 to 150.

    Write your question...
    Please sign in first Sign up/in to comment

    There is no comment yet. Make the first one.


    Successfully published

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.