XP Moving Average indicator is a customized moving average forex indicator. It is a very reliable forex indicator with a high winning rate. XP Moving Average is a trend following forex indicator, and it is a tested strategy that works in the market. XP Moving Average can generate a lot of money if the trading rules are correctly followed. XP Moving Average is an exceptional moving average designed using a unique algorithm. Newbies and experienced traders use XP Moving Average to make money in the forex market.
When you install the XP Moving Average indicator in your forex trading platform, your chart should look like this:
XP Moving Average
XP Moving Average indicator makes your job of trading easier by signaling the change of trend by changing its color. When this forex indicator color turns green, you should understand that the market has turned bearish and when the XP indicator turns red, it indicates that the market is bullish.
XP Moving Average Buying Conditions
- The currency pair should be up trending.
- The currency pair should be bouncing from the recent support.
- Place your long position when the above conditions are met.
- Place your stop loss below the current support.
- Book your profit when the XP Moving Average indicator turns green.
Selling Conditions Using XP Moving Average
- The currency pair should be down trending.
- The currency pair should be falling from the recent resistance.
- Place your short position when the above conditions are met.
- Place your stop loss above the current resistance.
- Book your profit when the XP Moving Average indicator turns red.
XP Moving Average Forex Indicator Free Download