Fox Scalper
Archive : Fox Scalper
Using indicators: SMA indicator; EMA indicator; WMA indicator; TEMA indicator.
SMA indicator – is an arithmetic moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods.
EMA indicator – an exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.
WMA indicator – places more emphasis on recent prices than on older prices. Each period’s data is multiplied by a weight, with the weighting determined by the number of periods selected.
TEMA indicator – a technical indicator used for smoothing price and other data. It is a composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
Fox scalper working based on moving average and has a built-in risk management strategy.
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