Mk Forex Edge
This video discusses the best version of the moving average indicator for traders, using the Machine Learning and Optimization Moving Average by Zerman. The video also explains the conditions for taking short and long trades.
The Best Divergence of Moving Average: An Overview of Market Moves
Traders, welcome back to the mk4x edge, where we explore the best divergence of moving average and examine previous market moves. If you haven’t watched our original moving average video, you can find it in the I button. In this video, we will delve deeper into how to use this indicator for optimal trading performance, considering the historical data and optimization goals.
Examining the Indicator Results
Before we dive into the technical aspects of the indicator, let’s take a look at some examples of it in action. As you can see in the indicator, we have a long-trade and a short-trade. The first trade had a risk-to-reward ratio of 5.91 while the second trade had a risk-to-reward ratio of 2.19.
Optimizing the Indicator: Machine Learning and Optimization Moving Average
Now let’s move on to the technical aspects of the indicator. First, go to the “indicators” tab and search for “machine learning and optimization moving average by zerman. Once you have found it, click on it, and it will be applied to your chart. In the “settings” of the indicator, you will see two options for the amount of historical data: “all data” and “custom data”. The “all data” option calculates all the candlesticks found, while the “custom data” option calculates an amount based on your input. For optimal performance, we recommend you select “all data”. Additionally, make sure to check the box that activates “machine learning” and choose “combine” as your optimization goal. In the first moving average, select “EMA”, and in the second moving average, select “Hull”. Make sure to uncheck all three boxes and click “OK”. Your chart will now reflect these changes, and you will see the stored data and loading time on the right-hand side of the chart.
Enhancing the Indicator Accuracy: Momentum-Based Zigzag
To further increase accuracy, we will add a second indicator. Go back to the “indicators” tab and search for “momentum-based zigzag by Peter”. Apply it to your chart, and then go to the “settings” of the indicator. In the “Style” section, uncheck the “zigzag” box and click “OK”. You will now see a clear chart with enhanced accuracy, and we can now look at the conditions for taking trades.
Conditions for Taking Trades
When taking the short trade, a sell signal must be generated, and the slow EMA must be above the high MA. The stop loss will be at the recent high. On the other hand, when taking the long trade, a buy signal must be generated, and the high EMA must be above the slow EMA. The stop loss should be at the recent low.
Looking at More Signals
Let’s take a look at some more signals to gain a better understanding of how to use the indicator effectively. If you want to make daily profits and withdrawal, consider trading with us. We offer the best trading robots in the world. Join our Telegram group for more information.
Final Thoughts
In conclusion, the best divergence of moving average is a powerful tool that can help traders gain an edge in the market by analyzing historical data and optimizing performance goals. By combining machine learning and optimization, traders can increase the accuracy of their trades and take advantage of market opportunities. Remember to always consider the conditions for taking trades and use the indicator in conjunction with other technical analysis tools for optimal results. Happy trading!
