Today we will look at a strategy based on non-standard indicators.
There are various approaches to technical analysis. The most popular are strategies using various indicators. However, even a clean candlestick chart without any auxiliary items carries enough information to create accurate forecasts.
Welles Wilder is the biggest figure in the world of modern trading. He actually “digitized” the existing technical analysis tools, and also developed a large number of new indicators. There are dozens of developed solutions credited to him. In Binomo’s range of tools, there are 5 indicators from Welles Wilder. In this article, we will look at a simple two-line strategy for beginners Moving Average Welles Wilder.