Best Forex system EMA AND WMA

Previously I used the techniques of the EMA and WMA indicators, but I was not suitable to use these indicators, I prefer pivot points as the basis for trading.

Each indicator is essentially just a tool, and not all traders are suited to the same indicators. While the EMA and WMA are popular for predicting trend direction through average price movements, their lagging nature only responds after the price has moved, making some traders uncomfortable or delaying their decisions.

#66 - **Today** at 05:57:28 AM

Posts: 22157 · #66 - February 24, 2026, 10:41:08 PM

Quote from: Francoisvs on November 16, 2018, 07:35:58 PM

Thanks for sharing.
You have very interesting methods.

As a weekend project, I am going to try and code this into an EA. (With my limited coding knowledge, so Admin and CPG know they gonna get a posts from me again. This is how we learn, right?)

The initiative to try to develop the method into an EA as a weekend project is also a very positive step, especially as part of the learning process.

Posts: 22157 · #67 - March 05, 2026, 09:39:13 PM

Quote from: SilorFX on March 05, 2019, 06:13:44 AM

the exponential moving average 200 indicator can be called the line of defense. with EMA 200 the price pattern on the market can be read well.

Many traders consider the 200 EMA to be a crucial indicator for understanding market structure. The 200 EMA is often referred to as the "line of defense" because it frequently acts as a strong dynamic support or resistance area, especially on larger timeframes like H1, H4, or daily.