Simple forex strategies.

Simple forex strategies.The strategies listed below are ideal for trading on both the broker's server as well as via the FIX API protocol.

Trading on the basis of a simple moving average. Moving Average (MA) is a technical indicator that shows the average price value for n number of bars. For example, MA with a period of 50 will take into account the prices for 50 latest candles.

The basic principle of MA trading MA is to sell when the the currency pair quotes crossed the MA line from top to bottom, and buy when the price, on the contrary, crossed it from the bottom to up.

Trading on the basis of several moving averages. Similarly, as in the first case, MA is utilised, but with a different period. 2 or 3 usually. Thus the signal for buying is not only when MA crosses the quotes, but the lines as well. For example, a FIX API trader establishes three MA with a period of 20, 50 and 100.

Trade on the MACD basis. MACD oscillator is so popular that it is used for trading by investment companies and major players in the market. The indicator can display signals based on divergence, crossing the balance line, as well as the signal line of the MACD histogram. And all this with a single indicator.

Trading on the basis of a simple moving average. Moving Average (MA) is a technical indicator that shows the average price value for n number of bars. For example, MA with a period of 50 will take into account the prices for 50 latest candles.

The basic principle of MA trading MA is to sell when the the currency pair quotes crossed the MA line from top to bottom, and buy when the price, on the contrary, crossed it from the bottom to up.

Trading on the basis of the oscillators.Oscillators can show the turning point. One of the popular indicators in this category is RSI. This indicator shows the "overbought" and "oversold" zones, after which a corrective turn should be expected. Thus, the buy signal will be the moment when the indicator is below the 30% range, and a signal to sell is finding indicator values above 70%.

Conclusion.All examined Forex strategies are easy to understand and easy to use by FIX API brokers. Moreover, all of these simple strategies can be combined into one complex, because each of the above signals does not override the previous one, only confirms it.