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In this case, we shall be deploying a custom-made MACD indicator, which has been color-coded to recognize trend changes much earlier than the conventional MACD indicator which comes with the forex charts. Indicators required for this strategy The indicators to be used for this strategy are: The Heiken Ashi indicator: This is a custom-made indicator which plots Heiken-Ashi candlesticks on the asset charts.
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Filter out bad signals. Very effective in long-term trade when the trend is formed cleary.
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