Forex Education Center And Investment- Doda Doncian Indicator,These indicators have in common as the pivot point. And most of the indicators are indeed taking the information from the pivot point as the signal indicator in the analysis. Signal given already reflect the way open right position. So for anyone who wants to use indicators doncian doda, can perform transactions according to the instructions on the signal given by the indicator.
Another advantage, indicators like the shape of a breakout or breakout price level. however, a reliable indicator of when the prices touched near support levels and resistance. If the price has reached that level, the signal of the line indicates the strength of the price is below or above the area that shows the strengthening or weakening prices.
Time frames that can be used is to use a small time frame. At least h1 is still able to provide a good signal. Because of the greater time frame used, the lower limit of resistance and support.
Characteristics
Doda Doncian indicator indicator because of its relatively that tool helps traders to identify the price of the power market. When the price has reached a point or level of support or resistance sometimes weakening or strengthening of the price significantly occur on a large scale.
Another distinctive feature is that there is a color that is not owned as another indicator. It is a pivot point in the stretcher by indicators to assist in the analysis of the market. But more than that, there are indicators that are doncian give an indication signal weakening or strengthening of the existence of the price of the price seen on the indicator.
Recommendations
when the price is below the MA doncian or purple line as the price trend is likely to continue to pass down. Conversely, if the price is above the MA line doncian such up trend is still dominating.
Look at the upper right that reads the signal given. Follow the signal with a pending order and the stop loss is given. Signal has been automatically provide information about the transactions and orders given along. Follow, and obey what has been given by the indicator.
Conclusion
Doda Doncian indicator is an indicator which can detect changes in the market prices in real time. Regardless you can identify with other indicators, indicator Doda Doncian able to provide an accurate signal in accordance with the strategy and system provided by the indicator. Use, use, and learn Doda Doncian indicator to help your trading more profitable.
