Forex Trading Glossary
There are 376 entries in this glossary. Add a new entry| Term | Definition |
|---|---|
| DUAL-MA (Available for TradeStation) |
The "Dual-MA" is more than just two moving average lines. This indicator Can Identify Direction, Support & Resistance, and strength of trend. Moving averages are generally used for trend identification. Attention is given to the direction in which the averages are moving relative to eachother and to the price. Moving average indicators are generally lines however the Dual-MA displays dots. Attention is given to the distance from one dot to the next... the further the dots are separating, along with the slope, the stronger the trend, as the dots come closer together this can indicate a potential weakening of the trend or sideways conditions. Additionally there can be Support and Resistance at the levels at which the dots are placed. This may be used as a place to enter a position or to trail a protective stop loss if already in position. The "Dual-MA" comes with an adjustable length input and can be used on ANY symbol, time frame, or type of chart (time-based, tick, range charts, etc). Although this powerful indicator yields a lot of information it can also be used in conjunction with other indicators such as our "Directional Exactitude" or "Directional Smooth" for additional trend confirmation, our "Trend Strength Identifier", or others. |












