This is the first post about my favourite indicators.
I must admit that when I am looking at the charts I focus on Price Action and then if there is a setup I use the techniccal indicators.
The EMA applied to typical price is an useful tool.The typical price is the averagen of the High +Low+Close prices.It is the same formula used to calculate the Pivot Point.I rather prefer the Exponential moving average than the simple one because the former gives more weight to recent prices instead of giv…
I must admit that when I am looking at the charts I focus on Price Action and then if there is a setup I use the techniccal indicators.
The EMA applied to typical price is an useful tool.The typical price is the averagen of the High +Low+Close prices.It is the same formula used to calculate the Pivot Point.I rather prefer the Exponential moving average than the simple one because the former gives more weight to recent prices instead of giv…